Sylvania Platinum Share Discussion Threads

[frogkid] 20/9/2021 13:33

Factory fire and covid shutdowns. Factories switched production to electronic consumables and cars got left behind.

[freddie ferret] 20/9/2021 13:25

The question is why is there a chip shortage?????

[plat hunter] 20/9/2021 13:22

These chips go in cars and without them they can't make new cars and without Auto production there's very limited demand for pgms.

[maxplus2] 20/9/2021 13:05

How does chip shortages is related to price of SLP, platinum and rhodium?

[plat hunter] 20/9/2021 11:03

Funny you should say that JP :-P

[jp2011] 20/9/2021 10:49

If you believe that then go for cash and gold immediately.

[plat hunter] 20/9/2021 09:19

If you've never traded before twirl, I don't recommend you start on the precipice of a global financial and property crisis.

[jonshevlin] 18/9/2021 21:46

Brilliant post twirl.

[plat hunter] 18/9/2021 21:10

Hi Jatin Bloomberg have been covering the chip shortage for months now, if you google "bloomberg chip shortage" you'll find loads of articles on the matter but the one I was referring to is... "Volkswagen Says Chip Crisis Won't Ease Until Second Half of 2022" Https://www.bloomberg.com/news/articles/2021-09-16/volkswagen-says-chip-crisis-won-t-ease-until-second-half-of-2022

[jatin724] 18/9/2021 18:01

Plat hunter in your post 6308, you said "Volkswagin saying they expect the chip shortage won't ease until the 2nd half of Q2" - where did you see this or what is your source please?

[rabiddog] 17/9/2021 14:43

Think she’ll pop thru personally

[plat hunter] 17/9/2021 13:31

The support has turned into resistanceHttps://www.tradingview.com/x/yXJ0EyWM

[rabiddog] 17/9/2021 11:17

Yeah..will top slice a bit just under 96. Still hold plenty more though

[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