Sylvania Platinum Share Discussion Threads

[johnhemming] 27/7/2021 07:46

Looking at the results compared to Q3, mainly the reduction in the Rhodium price, but also other things, has knocked the USD 41.3m Q3 profit down to Q4 USD14.7m.

The revenue dropped from USD 74.2m to 48.4m. From stockopedia the forecast revenue for 2021 is 217 and 2022 238 (USDm).

I have not got together all the 2021 figures, but clearly the forecast revenue for 2022 is too high on current prices. Again we don't know what is going to happen to Rhodium.

[1ups1de] 27/7/2021 07:46

Missed opportunity not to lay out the fabulous progress vs last year. In same quarter Revenue up to $48m vs $13 m ; Ebitda $28.7m vs $4m. Most companies would be screaming this from the rooftops. Also whilst basket price slightly down on last quarter it's UP over 90% vs yago setting them up for strong 1st half 21/22.

[primarch1] 27/7/2021 07:43

Compared to last years yoy the numbers look great shame they put them up against q3 was always going to look poor against those numbers.fantastic year overall with a huge cash pile

[rabiddog] 26/7/2021 20:40

Good for you petewy..guess you no longer need to add your insight on the board now. All the best

[petewy] 26/7/2021 11:39

I took a lotta profit (from40p) and moved to APF. This SA politics are unnerving.

[nickwild] 26/7/2021 11:11

tree shake in progress

[plat hunter] 25/7/2021 15:55

"Guilty" ;-P

[shearluc] 25/7/2021 15:38

What a giveaway PlatH, thats clearly a number 27 lol

[plat hunter] 25/7/2021 15:17

What a load of twaddle, probably written by a stale long, who is subscribing to conspiracy theories for confirmation bias.Truth is there's just a lot of people in the world who are at home with blaming other people for their own mistakes and lost opportunities.

[death by donut] 25/7/2021 09:09

Top entry on google by the look of it.DbD :-)

[pwooly] 25/7/2021 08:44

Thanks very much Freddie.I'd be interested to know where you found that.

[freddie ferret] 25/7/2021 00:59

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rest of the way.
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13. Pour it on as your position gains momentum. Not your personality.
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15. When identified put up a brief fight, then back off. Return in an hour unless your foe is a weak in reasoning powers.
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[freddie ferret] 24/7/2021 23:02

I think what we have had is more a tree shake than anything else. See if there are any weak holders.

[freddie ferret] 24/7/2021 20:34

Agree with the comment that the share price of this recently has not run in tandem with the Rh price. Rh peaked some time back but the share price here continued to rise. The recent downward spike in the share price has occured when the Rh price seems to have found a bit of a floor.

[hpcg] 24/7/2021 13:44

AAL purchase some concentrate from third parties, not impossible that some of what they buy is from SLP. They refine too, so the prices are different, AAL does production in concentrate and revenue in refined. That would account for the price discrepancy.

Share price reacted to Rh drop, SA riots, small cap market sentiment and broad market sentiment. So many people writing on small cap boards think their handful of companies that they apparently look at through blinkers are not subject to market sentiment.

I've not bought back in here, RUT / world small caps still rolling over and SP500 is being driven by the big 5. Lots of uncertainty on the Rh price, which could potentially follow lumber, even though supply dynamics are completely different. If motor manufacturers continue to produce for forecourts and install chips their then that is positive for demand, but if I were in the business I would certainly want to pay less for Rh.

[carcosa] 24/7/2021 09:49

Anglo American issued their Q2/H1 (Jan - June 2021) production report last week in which they quoted a realised price of $24,377/oz for Rhodium

This is considerably ahead of my forecast for SLP. Not sure how they achieved that. Seems a bit of an anomaly (?)

Usually SLP achieves a lower pricing to AAL (typically 10 % less than AAL).



BTW if you want a readily accessible webpage for PGM's and exchange rates then take a look here:

hxxps://www.bafokengplatinum.co.za/market-indicators.php

[farnesbarnes] 23/7/2021 17:41

Good strong finish to the week.

[plat hunter] 23/7/2021 14:19

That's me back out happy with 15% for a couple of days.Gl everyone, it's a very smart company and I'll be back at some point no doubt

[rcturner2] 23/7/2021 09:52

So I guess the SA mines have not nationalised?

I thought it was happening "overnight"?

So disappointed.

[bigberty99] 22/7/2021 10:06

Anyone in eua the scam

[plat hunter] 21/7/2021 14:09

I'm concentrating my position building in gold stocks atm the moment though. Admittedly, my entry here is based on short term TA, for interest only.

[plat hunter] 21/7/2021 14:04

I've been in the PGM listed entities since 2015 Haywards... My point is merely that fundamental analysis is only half of the job