Sylvania Platinum Share Discussion Threads

[bountyhunter] 28/8/2023 17:40

Yes, thx CC. I had been expecting Ecor to perform better but most of this sector has been dragged down which is why yields are high. When will the sector turn is the question.

[creditcrunchies] 28/8/2023 14:15

All paying dividends

[creditcrunchies] 28/8/2023 14:14

This is my watch list: ecor,epwn,vsvz,caml,kgf,redd,brck,head,bdev,kmr,mpe

[belluci] 28/8/2023 00:44

SQZ very nice , very healthy business. Everyone is against oil and gas at the moment probably why the PE is below 3. Labour government will add another kick. I think long term oil price will head back above 100 dollars, I have put on my watch list.

[solarno lopez] 27/8/2023 07:37

May we see more of the stocks on your list Creditcrunchies. Thanks

[creditcrunchies] 27/8/2023 00:14

It's a market that's bonkers ATM this one is cash positive, high yield, high profit on a PE of 4 that's basically crash low of 2008 levels. There are others like SQZ that's got revenues over 1 billion pounds, a cash pile of 433 million, a yield of 8% projected profit of 315 million on a PE of 2. I've got a long list of similar stocks showing up highly profitable and packed with cash

[jackthecat1] 26/8/2023 11:04

Lets hope so kennyp52. Needs a damn good boost

[kennyp52] 26/8/2023 07:53

1knocker .. it will hit 120+ at some stage imho. Good luck .

[1knocker] 25/8/2023 17:17

I bought at 64.95 today, giving me an average of 81.25. That's my lot. Uncomfortably deep in the red. Is it too much to hope that we might see £1 again one of these fine days? Fingers crossed, but I shall not be counting chickens. This is SA after all.

[justiceforthemany] 25/8/2023 16:00

Yes Rhodium has ticked up to 4,200

[baldrick1] 25/8/2023 13:15

Top up under 65p..plat8n7m pric3s on the rise.

[baldrick1] 24/8/2023 14:59

It has gone very cheap again ..bought a small holding

[baldrick1] 23/8/2023 10:12

You wait and see in a short time

[rabiddog] 23/8/2023 09:59

Jlp’s strategy has worked a treat for them hasnt it lol.

[baldrick1] 23/8/2023 08:59

They need to diversify their source of revenues just like jlp.

[dougmachin] 23/8/2023 08:53

PGM prices are moving up slightly recently.

[zangdook] 19/8/2023 12:29

Around that time Bradford & Bingley was confiscated by the government and IIRC given to Richard Branson for his birthday. I may have that wrong but someone stole my shares.

[jackthecat1] 19/8/2023 12:14

no need to post on the SLP board anymore then is there!. The facts are, the share is hugely oversold, has plenty of cash & a strong divi. End of debate

Every country on earth has risks. Dont forget, during the 2008 / 09 crash, RBOS dropped from £15 to 10p a share. Now that makes the UK a very risky place to invest

[rcturner2] 18/8/2023 10:12

SB, there is no way after reading that article that I would buy anything that is associated with South Africa.

[sdmbot] 16/8/2023 08:45

Is there a political instability (Zimbabwezuela) screen?

[888icb] 16/8/2023 08:42

John Rossier who runs a portfolio in IC gave his update for July today. He added to his existing holding in SLP at 70.2p on July 5th. This was his comment on SLP:
“ Sylvania Platinum fell due to the weak rhodium price. It was down 16 per cent during the month and is back to levels last seen in September 2019. Fourth-quarter results to 30 June steadied investors' nerves. Production exceeded guidance, and year-end net cash amounted to more than half of the market capitalisation. It's cheap on around five times earnings per share and, after stripping out cash, four times cash flow. While inexpensive, platinum group metal prices probably need to recover to get the share price moving. The forecast yield is 7.9 per cent for the year just ended, falling to 6.2 per cent in June 2024. On Stockopedia, it passes no less than 13 of its "guru" screens covering all bases – quality, value, growth and income. It has been a long-term holding, and the total return is 73 per cent. Again, I expect my patience will be rewarded.”

[soilderboy] 16/8/2023 08:20

When you read and digest, it's hard to disagree. Infact, it makes you want to exit all SA mining shares, of which I have many.

[1knocker] 14/8/2023 18:19

No way is SA a mature democracy. it is a kleptocracy.