Sylvania Platinum Share Discussion Threads

[essential] 07/5/2021 09:17

Bought into these this am

[stockhunters] 07/5/2021 08:52

bought some more on back of fool piece

let us see 200p this year

[kennyp52] 07/5/2021 08:20

JLP only just started to get to SLP levels during the last year but their earnings potential is far more with a hugely more dynamic approach in order to expand . SLP is the steady Eddie . Both will be hugely undervalued based on the next set of financials which will be eye watering . Anyone that thinks PGM basket price is not important to both companies needs to take another look at the accounts imho.

[freddie ferret] 06/5/2021 20:20

If you want copper - JLP.
If you want Chromium and Ruthenium - SLP.

If you want reliable profits and earnings growth over the last five years SLP wins out all the way to the bank.

PS. The price of Platinum is not going anywhere fast.

[nimrod22] 06/5/2021 19:24

for those who may have an interest in other metals, the alkali metal Lithium: -
Chinese investors are making a play for Bacanora Lithium (BCN); up 26% today. Maybe worth a punt.

[stockhunters] 06/5/2021 18:56

bodes well for tomorrow boom boom

[risa5] 06/5/2021 16:42

3 of the best cheap UK stocks to buy in an ISA!
Royston Wild | Wednesday, 5th May, 2021 | More on: RKT SHED SLP

Metals mammoth
I also think that Sylvania Platinum (LSE: SLP) is one of the best value stocks to buy right now. The metals producer trades on a forward price-to-earnings (P/E) ratio of five times and boasts a dividend yield above 5%. There are a few reasons I’m positive about this UK mining share. For example, its product is used in huge quantities in the manufacture of car exhaust systems to clean up dangerous gases.

It’s thus poised to gain from growing green legislation as well as a bounceback in global car production. IHS Markit thinks light vehicle output will rebound 14% in 2021. Bear in mind, though, that improving economic conditions and consequently investor confidence could damage safe-haven demand for precious metals. And this could damage Sylvania’s revenues in the process.

[stemis] 06/5/2021 11:30

I have the basket price up about 13% (currently $5,177 cp $4,576 Q3). I'd be careful about Q4 v Q3. Q3 included a large sales adjustment because of the jump in prices during Q3 (which was what a lot of Q2 deliveries ended up being invoiced at). There'll be an adjustment in Q4 but not as big. Also Q2 had no by product sales and then Q3 had a big jump from Q1 so maybe includes Q2 output.

I think we'll be lucky if Q4 ebitda is as good as Q3. I reckon ebitda of ~$170m for the year (but a run rate of about $220m). Obviously still incredibly cheap compared to an EV of $413m...

[rabiddog] 06/5/2021 10:42

That link discusses the Cu aspect of JLP. Good company...as is SLP

[rabiddog] 06/5/2021 10:40

See post #5192...

[robers98] 06/5/2021 10:32

You want copper go look at JLP, growth on track to keep doubling up on revenues.

[martinfrench] 06/5/2021 09:40

def no to copper

[metis20] 06/5/2021 09:29

I make the average basket price/oz in US$ for the current quarter up by about 26% as compared to Q3.

(Using a model that rather fortuitously predicted the Q3 4E basket price to better than 1%)

[rcturner2] 06/5/2021 09:21

Does SLP have some interest in copper at all?

[allonblack] 06/5/2021 09:15

Does anyone know what the current basket price is vs q1? Sorry to ask. Thanks

[nimrod22] 06/5/2021 09:14

for those that may be interested from the same source: -
PE(f)
FXPO 4.1
BRWM 5.2
AAL 7.9
CAML 9.0

[farnesbarnes] 06/5/2021 09:13

Indeed nimrod, I should have stipulated my numbers were based on historic EPS of:

SLP - 22p
THS - 26p
JLP - 2p

12m projected growth of:

SLP - 41%
THS - 31%
JLP - 46%

[nimrod22] 06/5/2021 09:05

12m Forecast Rolling from Sockp.....
SLP 3.5
THS 4.3
JLP 5.6

"We have standardised certain Ratios for comparison purposes. In the case of the PE ratio, what we have done is create a rolling 1 year forecast earnings number which weights this year and next year's earnings forecasts depending on how far a company is through in its fiscal year. This puts every single company in the market on a comparable footing, allowing a like for like comparison across forecast valuation, growth and dividend variables. This is known as the 'rolling PE ratio'."

[farnesbarnes] 06/5/2021 08:55

Last night PE was 5.9 at 131p.

THS was 5.8 at 151p. JLP was 7.8 at 17.9p.

[blueflex2] 06/5/2021 08:54

Anyone knows what is the current PE ratio? Looks like lower than JLP and THY.

[epicsurf] 06/5/2021 08:51

Just broken through 52 week high now
Very encouraging

[kennyp52] 06/5/2021 08:33

Potential for 50% gain even from here against a backdrop of incredible profits & cash generation with prospect of another special dividend . Solid share .