Member Info for nimrod22

if SLP give a smaller quarterly dividend rather than a one-off windfall, it will help keep longer term investors. I'm happy to take a windfall divi if its there, also happy if there's no additional divi, assuming the company has a longer game plan for an investment. Companies are frequently penalised for sitting on cash, but there's no long term harm in that whilst biding time for a an appropriate investment. Easy to loose the cash if in a rush.

people are rotating out of tech stocks and in to value, then they won't find better than Sylvania.

Companies smashing brokers’ forecasts: week to 4 Nov
Wednesday, 28 October 2020 FWD EPS CHG
Name TIDM 1mth 3mth 1yr
Sylvania Platinum SLP 11.7% 74.6% 150%

Vol. Sold 1,097,607 Sold Value £724.42k
Vol. Bought 1,167,062 Bought Value £770.26k

the last seven reports the sp has has often dropped in the short term (no matter how much cash they are making) and moved up afterwards.

to be worth a punt at these prices. Many more buys than sells.

some on the dip today, guaranteed a bumper Christmas sales period

after such a large drop. BOO may well have some less than savoury suppliers, but there bottom line shows an aggressive increase in profits

An extremely bullish note that analysts at J.P. Morgan shared. J.P. Morgan boosted its rating on the stock from neutral to overweight and dramatically upgraded its price target. The new target of $40 per share is $26 higher than its previous view.

I had to lookup PTY so I guess fame has not come my way

I see Chinese electric car sales are booming so will need more Platinum.
Chinese EV car maker NIO:NYQ New York stock exchange jumped 17% today. Glad that I own them as they are up 1543% so far this year, which will mean I'll celebrate Chinese New Year as well.

over priced

Jump in JLP share price this morning, possibly similar at SLP at next results !!

https://uk.finance.yahoo.com/news/sylvania-platinum-limiteds-lon-slp-133622486.html

I admire the boards restraint in not squandering the cash, and biding their time in making an appropriate buy/investment which will enhances the company's long term future. I wouldn't have said no to a big divi, but patience maybe the better game.

the share price will gain back 10% of its 25% drop without too much problem, and then slowly recover the rest of it. Imminent results should also support the SP recovery.

Centamin plc (CEY.L) is probably set to come back in a rush after its big drop (25%)on mining issue. Directors loading up with some big buys.

price up over 6% so far this week.

https://www.miningweekly.com/article/sedibelo-platinum-mines-closer-to-finding-listing-date-frandsen-2020-10-04/rep_id:3650

There are more sells than buys tomorrow, and maybe the share price will go up !!!
Vol. Sold 61,394
Sold Value £38.06k
Vol. Bought 274,528
Bought Value £170.21k