Sylvania Platinum Share Discussion Threads

[plat hunter] 27/10/2021 10:58

Very well timed, the low was 93.6 lol

[makinbuks] 27/10/2021 10:55

Buyback at 91p was well timed

[plat hunter] 27/10/2021 08:25

Cheaper shares and volatility

[farrugia] 27/10/2021 08:24

yea but if it then falls more than 4p what do you gain?

[plat hunter] 27/10/2021 08:23

Far it's 4p and record day today, so you have to hold at cob today to get it.I personally think i'll make more buying post divi. There's not a lot of fundamental/ technical evidence on offer to suggest otherwise imo.

[early retirement] 27/10/2021 08:19

Ferr

Ex is tomorrow and div is 4p

Many will fill their boots today to make easy money (4p is not bad, almost 4% of your money with a click)

[plat hunter] 27/10/2021 08:15

107 to sell

[farrugia] 27/10/2021 08:14

how much is the dividend? so today is ex dividend day?

[early retirement] 27/10/2021 07:55

Agree or 115

[rabiddog] 27/10/2021 06:46

Key couple of days in terms of price action…how much will tomorrow’s ex dividend status affect the price ? Will yesterday’s digested interims influence. I reckon a 113p finish today..

[plat hunter] 26/10/2021 15:23

Not in public I'm afraid.

[early retirement] 26/10/2021 12:57

Hi freddie!! Hibu victims veterans reunion!

[plat hunter] 26/10/2021 12:54

FCF is a measure of future growth, if earnings are falling because of sales value then so does the fcf in a fixed cost price environment.

[freddie ferret] 26/10/2021 12:53

Plat Hunter - short term trader that talks his own book?

Boring.

[makinbuks] 26/10/2021 12:29

Personally I would focus less on earnings, PE and dividend. FCF return is what matters and the broker comment above says 25%. If thats sustainable and the market believed it the share price would double (at least)

[plat hunter] 26/10/2021 12:11

Look at how it's retraced back below 108 and 110 resistance though.

Stripping out 10% of cash at hand to pay a dividend might be enough :-P


As it stands, SLP are paying out almost 50% of net cash as dividends which is not a bad pay rate for the recipient but at 10 times earnings and subject to items that are not within their control, IE PGM basket price and ROM volume/grade, It might be a little top heavy and sensitive to the dividend cash being stripped out. Also the dividend rate is more than likely to get cut going forward unless there's a sharp turnaround in the basket price.

[hamp] 26/10/2021 12:03

rabid dog this time i have to agree with you.

[rabiddog] 26/10/2021 11:52

Unlikely…couldn’t stay below 100 today. Will need some other external event to do that.

[plat hunter] 26/10/2021 11:43

Surge and retrace on the hour chart eyes the 80's again, using the trend based fib extension.

[hamp] 26/10/2021 11:28

that usually happens plat,then recover week after,but who knows ?

[early retirement] 26/10/2021 11:27

Maybe because people think "ex" means "previous". Obviously it comes instead from Latin "without".

Managed to load 6k at 99.97.

Waiting for the ex date and enjoy my 240 quid little present.

Btw, what's a dividend? :-)