Sylvania Platinum Share Discussion Threads

[twirl] 25/5/2021 08:59

Chinese acting canute like cannot hold back the tide of demand and mismatch with supply.

Chinese don't like high commodity prices and I dont like our government encouraging people to spend - which means buying products made in China - creating jobs there but not here!

[farnesbarnes] 25/5/2021 08:45

China spot buyers don't like high prices, complain, buy in bulk at 10% discount, spot goes back up...





(Bloomberg) — China’s commodity markets may be hearing mixed messages from the government.

Just hours after China’s state economic planning agency stepped up its fight against soaring commodity prices, threatening “speculators and hoarders” with severe punishment for violations, Premier Li Keqiang urged further strengthening of commodities imports, storage and transportation.

The seemingly discordant directives underscore the tightrope the government is walking as it tries to fend off inflation and maintain economic growth. The country faces a delicate balance between ensuring supplies of materials to fuel expansion on the one hand, and on the other protecting consumers from the feedback-loop impact from soaring prices. The commodities boom is stoking fears that inflation could dent economic growth in China and beyond.

[farnesbarnes] 25/5/2021 08:14

Wish I had some spare cash.

[freddie ferret] 24/5/2021 21:36

Pt, Rh, Pd all fell today, Rh fall is becoming significant.

Ir static as usual.

Ru up a bit as usual. Circa 1.25%

[greggphilips88] 24/5/2021 20:24

Eggb&b, agreed. I’ve already tasted it, and it wasn’t great. Yes, I’m just guessing about the price movements.
But the fundamentals are good, which protects against making bad timing decisions and I’m inclined to add more on dips despite this being 10% of my portfolio already. Rh falling back recently, perhaps from interrupted supply picking up now and China’s warning against speculators.

[greggphilips88] 22/5/2021 16:56

I saw the late drop as an unexpected opportunity too, and added small buys across 4 portfolios in the last 5 mins of trading. Had pulled over in the car to check prices and was surprised by the drop. Had a quick check for a dreaded late Friday RNS or some calamity in S.A., given the sudden unexpected dip. I could see this possibly going even lower again over the next 4-6 weeks, but then take off again later in the summer unless something else significant changes.
Agree FF, Ru is steadily becoming more significant and has stealthily become a material revenue contributor in recent weeks. It offsets some of the recent drops in other metals.

[freddie ferret] 21/5/2021 21:30

Um, and all the metals that fell today are still within their trading ranges.

And as usual Ru rose.

[sr40] 21/5/2021 21:02

Another opportunity to add.Long term view is a winner to the extent of certainly Vs uncertainty there is always some of course but all invested here recognise how undervalued this is even based on average basket price.

[freddie ferret] 21/5/2021 19:18

Ir static.
Pt Pd and Rh all down.
Ru up about 2%. Now $790.

[risa5] 21/5/2021 17:40

Pt down about $30 today $60 this week.

[twirl] 21/5/2021 17:15

mms messing around I suppose - Loads of late trades

[sr40] 21/5/2021 17:11

Wtf happened there?

[frishare] 21/5/2021 17:10

That was a massive end of trading day drop.

[freddie ferret] 20/5/2021 15:29

Right boys and girls, interesting day.

We have Iridium and Pt static.

Pd and Rhodium down.

However we have Ruthenium up another massive 12.3% on the day. :)

Price $690 -> $775

JMM price.

[freddie ferret] 20/5/2021 00:09

Seems the proportion of Ruthenium in SLPs basket is around double that of JLP, if true that is interesting. Also JLP has a far higher proportion of Pt in its basket, since Pt is not going anywhere fast......

Unconnected with the above.



This is well worth a read, however they quote a Ru price of $440 so it is already a little out of date. Price a little while back $690 JMM.

Bed time!

[elsa7878] 19/5/2021 23:09

Chinahas said they will address high commodity prices...whatever that means..

[freddie ferret] 19/5/2021 22:27

I too find todays share price fall puzzling. I have checked the trades data both LSE and Aquis and can find no signs of an institution dumping. Platinum does seem to be down quite a bit. Personally I do not worry about Pt it goes up a bit and down a bit, overall it goes nowhere. Pd, Rh, Ru and Ir are the metals that are in play, though Ir has now been static for some time after a very good rise.

We will see what the future brings

[podgyted] 19/5/2021 21:58

I make it 6.25%

[deadly] 19/5/2021 21:50

Strange drop of 3.5% on the share price then.

[freddie ferret] 19/5/2021 20:49

Ruthenium up again today

2.2%

Rh steady.

[corrientes] 19/5/2021 16:14

Kiss of death

[risa5] 19/5/2021 14:41

AlphaScreens: the quest for quality

Our quality shares screen is flagging companies on London's junior market.
17 May 2021

Seven Aim companies get full marks on our screen and 70 pass at least seven out of nine tests.
On the main market 32 companies pass at least seven out of nine tests.

The holy grail for buy-and-hold investors is to find a business that is capable of generating a
high return on capital and sustaining it while reinvesting profits. This screen looks for shares
that display these quality characteristics and can potentially deliver significant compounded
returns over time

See table below
Aim quality selection (passing at least 7 of the 9 tests)

12- SLP Tests passed (8 out of 9)