Sylvania Platinum Share Discussion Threads

[plat hunter] 17/9/2021 11:13

Well done anyone who got on at circa 85p i didn't do it myself this time around as it overlapped my oil and gas trade

[frogkid] 17/9/2021 09:06

I'm in that game Platty and concur.

[plat hunter] 16/9/2021 15:26

Volkswagin saying they expect the chip shortage won't ease until the 2nd half of Q2.

[rabiddog] 16/9/2021 09:11

Usually the stock market prices in 6 months ahead…thatR17;ll be changing soon

[primarch1] 16/9/2021 09:04

Agree it looks cheap but pgms are being hammered by the semiconductor shortage.in the medium turn pgm miners will suffer.rhodium down now over 50% from its high and no catalyst to change that trend until car companies ramp up production.

[kennyp52] 16/9/2021 08:46

MCAP £237m ; PBT $143m .. I know PGMs currently down but demand should come back . share price looks very cheap

[creditcrunchies] 15/9/2021 15:36

I've already got a shed load of these in the higher 80s so I put an order in the 80p which didn't fill today. So many cheap PM mining stocks to choose from at the moment

[rabiddog] 15/9/2021 14:25

I bought a few more at 85.6…think it will run back up now to 96p

[plat hunter] 15/9/2021 13:58

Rejected 85 then so far

[rabiddog] 15/9/2021 13:16

The main risk with SLP is that they will make good profits as opposed to mega profits in the near term. Wouldn’t be rushing to sell if you are an investor. Trading is a different matter.

[jbsolms] 15/9/2021 12:31

@johnhemming thanks for the advice. the price is back down, I think i'll probably cut my losses, will probably sell it when the NYSE opens and reinvest that capital in things I have a better understanding of haha

[purplepelmets] 15/9/2021 10:21

well they do pay specials too. 3.75 special divi paid earlier this year. suppose technically thats a 9% divi this year

[farrugia] 15/9/2021 10:14

4.7% for the full year? not that much?

[purplepelmets] 15/9/2021 10:09

should be paying 4p at end of october.
so about 4.7%

[deme1] 15/9/2021 10:08

Buy order set at 80p

will not be to fussed if it does not get filled.

GLA

[farrugia] 15/9/2021 10:07

what is the current yield? what if rhodium keeps slipping and why is it going down so fast?

[epicsurf] 15/9/2021 10:06

So will slp now go into share buyback mode?

[johnhemming] 15/9/2021 09:49

@JBSolms - sorry I don't really know the Rhodium market. I personally am relying on XRH0 in order to predict what will happen with the producers such as SLP. I would, however, keep an eye on what has happened previously with Rhodium.

Incidentally personally when I think I am not sure what to do I sometimes sell half. However, I have no reliable idea on what is happening with Rhodium. I last sold SLP at 98.6 having bought at 85ish, but I am not sure what price I would by back in again.

XRH0 has bounced back today, but I don't think we have yet established a medium term equilibrium.

[purplepelmets] 15/9/2021 09:40

put an order in. buying it as a divi stock. effectively getting this 4p cheaper as it goes x div next month

[riverman77] 15/9/2021 09:39

What I don't understand is why one of the big car companies doesn't buy SLP outright. Even at decent premium to current share price they could get these for next to nothing and have their own free supply of rhodium for the next few years.

[nurdin] 15/9/2021 09:37

Any reason for the retrace today?

[creditcrunchies] 15/9/2021 09:33

If these go to 80p the dividend is 5% yield

[plat hunter] 15/9/2021 08:41

For a second atleast I don't we actually got a trade at 85

[purplepelmets] 15/9/2021 08:41

All gone Pete Tong. What a shame. All these BB faves seem to meet a bad end.