Sylvania Platinum Share Discussion Threads

[haywards26] 21/7/2021 13:46

When I talk about investing I am talking of 5-10 year time horizons..

I like all the SA PGM listed entities at current prices. Each have something different as to their value offerings (SLP/THS & JLP).

[plat hunter] 21/7/2021 13:36

Ps... I'm back in with a small bite, eyeing 125. I also took a small bite from, THS yesterday arvo too.

[plat hunter] 21/7/2021 13:33

I disagree again Haywards, I'm an investor. I just so happen to have an understanding of TA too and I use it to build positions of companies i like,hopefully for a lower average than punt and forget.


The best advise I ever received was, "Never try to call the bottom or the top, always leave something for the next man"


I was out of here quite a while before the 150 top but also, I was in a lot earlier than those joining at north of 120 and now sitting on a paper loss.

[haywards26] 21/7/2021 12:57

SLP is worth 150-200p all day long.

Plat you are a trader. Quite different to an investor.

Different strokes for different folks.

Investors usually focus on the company financials, strategy, and management. Not daily gyrations in share price or raw material prices.

[plat hunter] 21/7/2021 11:42

I disagree. Not knowing what you are doing leads to bad decisions .

[rcturner2] 21/7/2021 11:30

Tracking share prices constantly leads to bad decision making.

[martinfrench] 21/7/2021 11:12

and hopefully the idiots disappear sharpish

[haywards26] 21/7/2021 10:20

Very nice bounce, long may it continue.

Another example of the reasons of topping up in strong, profitable companies when others are fearful and selling..

[cordwainer] 21/7/2021 09:16

thankfully my recent top-ups / adds appear to be very quickly well in the black. I'm under the impression I'm far from the only one enjoying that at the moment.
I note that other mining companies in the bushveld region (Impala, Bushveld Mining) have employee vaccination programmes underway. Hopefully similar announcement from SLP soon.

[cb7] 21/7/2021 07:57

What is more likely than the "N" word, is that the Government sees the mining sector making handsome profits and goes for a tax rise or tax raid of some description.

[rcturner2] 21/7/2021 07:30

There is a good discussion on this thread, no harm in looking at all of the angles. I would be amazed if a country like South Africa went in for nationalisation they would be locked out of the international finance system and put through the courts straight away. However, once you start to think about small possibilities of very bad things happening then this can of course change valuations. A 2% chance of losing all your money will change the perceived value of the shares.

[twirl] 20/7/2021 16:20

Its not the riots either

[tonytyke2] 20/7/2021 16:17

Agreed martinfrench, There have been a few posters come here in the last week or so raising nationalisation possibilities, happening yet again today.

I am also an investor in JLP & THS and I don't think I have seen similar posts being raised there. Just checking the SP's today, JLP up 4%, THS up 1.4% and we are somewhat down!

I wonder why? and the answer is not the price of Rhodium IMO.

[2vdm] 20/7/2021 15:22

Thanks and valid points from TBTT and FF. I agree that there is probably some sentiment about whether the SA Gov't might step in, although I share TBBT's view that in reality this in very unlikely, as at a stroke the gov't would cut off businesses investing in SA in future, which is just what they want/need, as well as financing. Who would trust them? I'm well down here, but on the edge of a big top up, as I think the current woes in SA will pass and eventually so will the chip shortage. This company is profitable, well run and has a low PE and ROE. Happy to hold, but that's just my view.

[freddie ferret] 20/7/2021 15:19

Ask Weggie Benn that.

[twirl] 20/7/2021 15:18

All information from China is designed to enhance the reputation of the Chinese Communist party as with Russia/Chernoble

[martinfrench] 20/7/2021 15:13

no idea why (guess its the paid shorters) we / you are even discussing nationalisation, what a complete waste of time, nationalisation is VERY RARE and just wont happen

[freddie ferret] 20/7/2021 14:54

Anyway the main question is the Rh market and when will the chinese tree shake of supposed speculators come to an end, or rather cease to be effective. End users will start buying again once they run out of buffer stocks.
The new emmissions contols on NOxs come in next year which is not long. The chinese car market is strong and Covid has had little impact on the chinese economy as compared with the west. Basically they control the virus and near eliminate it, we don't.

[freddie ferret] 20/7/2021 14:48

You are sugesting that I have said that it is a mine. I never have, you are just trying to make that up, as a smear.

SLP is a tailings processing operation.

Do you remember ERGO back in the good old days? That was gold.

[tigerbythetail] 20/7/2021 14:44

No, Freddie, you're just showing your prejudices.
Nationalisation of any mines is a hundred million miles away in South Africa. And SLP isn't even a mine, legally speaking. It's not subject to the mining charter. It's a recycling operation.

[gp1948] 20/7/2021 14:31

Thanks for your thoughts TBTT.

[freddie ferret] 20/7/2021 14:29

Or for that matter, Zaire and Angola.

[freddie ferret] 20/7/2021 14:27

Nationalisation is still possible all depends on the complexion of future governments.
The rioting is not relevant if it does not change the government, if it does then nothing is off the table.

Take a look at how Zimbabwe, Sudan and Libya have gone since independence.

[tonytyke2] 20/7/2021 14:27

Agreed TBTT!