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EXCLUSIVE: Robin Young, CEO, Amur Minerals #AMC talks long-term strategy


Sylvania Pl Share Chat (SLP)



Share Price: 18.625Bid: 18.50Ask: 18.75Change: 0.00 (0.00%)No Movement on Sylvania Pl
Spread: 0.25Spread as %: 1.35%Open: 18.625High: 18.625Low: 18.50Yesterday’s Close: 18.625


Share Discussion for Sylvania Pl


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ragnarlothbrok
Posts: 591
Off Topic
Opinion:No Opinion
Price:18.625
Israelis sold down
Thu 16:30
Looks like the 'deep value' Israeli hedge fund has sold down after holding for 3 months. A couple of 1m sells around 18th May possibly related to this. Perhaps explains the abnormally high recent volume (12m shares changed hands over the last 8 days). They originally acquired 8.6m, so possible they have sold down completely. I'm guessing they bought in around the 15p mark so they have taken their 15% and run.

Next news some time away I think with Q4 due at end of July, hopefully with news of 7koz of PGMs being produced per month. Maybe closure of Aus buyback before then but not exactly price sensitive stuff
 
ragnarlothbrok
Posts: 591
Off Topic
Opinion:No Opinion
Price:19.00
Basket
21 May '18
ZAR basket at 5 month high, hopefully rand weakness has further to go
the_shareminator
Posts: 10,976
Off Topic
Opinion:No Opinion
Price:19.00
RE: 20p
18 May '18
An excellent buying opportunity today if you ask me. We know production is expected to be top end following last quarters somewhat disappointing figures and despite the basket being weaker output is set to increase rapidly. This will have a knock-on effect on group costs so I would still think margins will be better than last time around. Like you said nothing is catching Rhodium right now and the uncertaintly surrounding LMI must be adding to concerns over supply. Never thought I would pay 19.1 here but I did lol and I won't be selling for a loss *touch wood
ragnarlothbrok
Posts: 591
Off Topic
Opinion:No Opinion
Price:19.125
RE: 20p
17 May '18
Big resistance at 20p, hopefully consolidate at 19-20 for a while and let the heat off the technicals. PGMs a little weak but ZAR basket has been pretty steady this late month. Rhodium is flying, at this rate SLP will be a primary rhodium producer in a year
the_shareminator
Posts: 10,976
Off Topic
Opinion:No Opinion
Price:19.75
20p
17 May '18
huge day again
ragnarlothbrok
Posts: 591
Off Topic
Opinion:No Opinion
Price:18.375
Rhodium
15 May '18
I'm surprised by the strength of the PGM basket, mostly due to the rhodium contribution. According to my calculations, rhodium is contributing 25% of revenue and has overtaken Pd for the first time this quarter (based on today's closing prices). I wonder how much further it can go after almost straight-lining it up from $600 to $2100/oz over the last 2 years.
ragnarlothbrok
Posts: 591
Off Topic
Opinion:No Opinion
Price:18.375
RE: IC
15 May '18
Hard to argue with the cash generation, low P/E and EBITDA margins of 40%. Sitting at 6 year high now as well.

Well done to the board and management for having the vision, purpose and patience to build a sustainable business that will survive every stage of the commodity cycle, without having to tap investors for funds. I believe that this company and its management have many qualities that deserve a valuation premium which is not yet factored into the price. Still some way to go...
CFlather2000
Posts: 34
Off Topic
Opinion:No Opinion
Price:18.375
RE: IC
15 May '18
IC rate this share, and it also has a stockopedia rank of 99.

The forward earnings compared to enterprise value, and the decent margins make the case very compelling. I don't see this value in any larger cap shares
ragnarlothbrok
Posts: 591
Off Topic
Opinion:No Opinion
Price:18.375
RE: IC
15 May '18
Thanks Bazzaman, I don't read the IC and was wondering what all the excitement was about today
Bazzaman
Posts: 2,090
Off Topic
Opinion:No Opinion
Price:18.375
IC
15 May '18
Bullish on this share yesterday with a new target price of 26p going into 2019. GLA




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