Valterra Platinum Share Price (VALT)

@beardeddragon i'm not entirely surprised it's fallen, given the slide in pgms. still seems absurdly low, but as my average book cost is under £40, i'm not (yet) that bothered. i would buy now, rather than risk waiting for h1 results, or for it to fall to £50, but that may just be my book talking.

back of *** packet computations for h1 are still very healthy. with just over a week to go, it looks as if platinum's average ytd is going to be well over $2000/oz. assuming production is consistent with full year guidance (running significantly over in q1), that should translate to ebitda of ~r37b, significantly more than fy 2026. which should give eye-watering fcf and a stonking interim divi.

so i would be very surprised if we don't see £80 again, even the £100 i hoped for. but i've been surprised and disappointed before, and will be again. we will see when h1 results are published - i assume in early august.

Picstloup, how are you feeling now? Am looking to buy if/when it dips below 5000p myself.

Simply cannot believe this is still only in the £60s, despite platinum averaging $2200/oz in Q1 2026, and still $2050 Q2 to date. Compared to the Q4 2025 average of $1700/oz and H2 of $1500.

Not given to hype, but this seems the closest I've recently got (other than Indv) to a magic money tree.

Sorry final dividend was SAR 23 and special dividend was SAR 20, still presently converted to £1.89. Both payable on 15th April.

The large drop today is due to it going ex dividend. There is a final dividend of SAR 22 and a special dividend of SAR 23, presently offering a payment of £1.89 per share.