Member Info for Sirius50

"[t]he end is near" - in two years? (the midway between one and three).
Hell, at these PGM prices, I will take that cada dia y dobles los Dominges as they say in Havana !
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THS may be bigger but is it more profitable?
Looking at RoA, RoE, ROIC, Gross Margin (GM), Operating Margin (OM), EBITDA margin, Net Profit, the answer is no if we take the trailing 4 years and TTM. (They had a very bad 2019 .) Current margins THS are RoA - 9.5, RoE - 13.6, ROIC - 12.9, GM - 42, OM - 34, EBITDA - 40.5, NP -16.
Compare with SLP current margins: RoA - 30, RoE - 35, ROIC - 35, GM - 67.9, OM - 66.7, EBITDA - 68.1, NP - 47.5
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LN:
You seem to be discounting eps at the risk free rate of 4.6%? Is that your cost of capital?
What Equity Risk Premium are you using, given this is: (1) mining; and (2) South Africa?
Others on here use a discount rate nearer to 20% IIRC
Fair value at c. 3% growth from year 3 (15%, 10% years 1 and 2) = low to mid 200s on those inputs. I see she has broken the upside of that rising wedge: https://www.tradingview.com/x/g9klEvEr/
Happy days :)
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Who knows! When Buffett acknowledges he overpaid for a 2016 acquisition and is forced to write down $11B it says what we all know. This week (and last) there is the fear of rising interest rates making bonds less attractive. When bond-holders sell off, the price drops. When the price drops, the yield rises. This makes the risk-free rate rise as well. If the risk-free rate rises, the equity risk premium must also rise. That in turn forces the discount rates to be adjusted upwards. And that makes net present values of tech stocks in particular lower driving the share price down as people move away from anticipated future earnings potential to something more tangible and concrete. And that is where SLP comes in. With their fundamentals so strong (albeit lack of purchasing power admittedly), I see that the bond vigilantes only benefitting us. As to what the Pt or Rh price will do in 6 months time - God knows and he isn`t telling anybody soon :)
On SLP itself - lots of people on here know this stock (and industry) inside out and sure they will contribute much more than I can.
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https://www.tradingview.com/x/fmMpvklB/

and there it is

Thanks AF&G
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Taking FCFps and % growth rates of 15%, 10%, and 3% for next 5 years tailing off to 1% at a discount rate of 20% I see fair value @ 215p
A 20% discount rate even for SA is a bit aggressive. What do others think?
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Is there confirmation of when payable?
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Well, on 02/10/20 my holding in IAG was at - 56.5% that is (56.5%) negative
152 days later, it is at last (for the moment at least) blue: at 1.76%
To all LTHs who stayed strong, well done and remember the words of Charlie Munger: you don`t get wealthy buying a stock, you don`t get wealthy selling a stock, you get wealthy holding a stock.
In other words, time is your best friend. There is another 2 years left for me on this one God willing and GLA
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Mug`s game. Tiny movements in ultra short time horizon entry/ exit means only option is to use margin to make any decent returns and large capital outlays = huge risk. Candlesticks on a 1 min chart?? Dont be ridiculous. It is gambling on borrowed money. Not investing. Take up betting on horse racing; I understand some gamblers have "systems" but you only ever hear about a gambler`s winnings. they never talk about all of their losses.
if you`re minded to do this because of YouTube channels those so-called experts are monetising their channel not making money day trading. They are mining the miners.
The Klondike gold rush. People came from all over the world to Dawson. By the time most got there at huge risk, all of the gold fields had been taken months before. Those miners that stayed, mined the miners - establishing supply stores etc.
That is exactly the same as what those YouTubers are doing. if day trading was so lucrative wtf aren't they doing it instead of posting video content on line. Duhh I wonder....
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Invested since March 20 and 30% return to date but look at the stochastic on the weekly chart:

https://www.tradingview.com/x/X0v2Ql0x/

This has been a real roller-coaster.
And yes, this will fall again ....and yes I will suck it up ....but near term 2 years, this will be a "bagger" I hope but if I sell now I will kick myself.
HOLD.
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https://www.tradingview.com/x/0dnUilP6/

News?
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The Company successfully addressed the technical DTR breach regarding the timing of the publication of its financial statements on 29 January. SYME has since been in regular communication with the FCA in support of the regulatory steps and due process required for the lifting of the temporary suspension. The Company is aware that this has taken longer than expected. However, the temporary suspension has not impacted SYME's inventory funding routes and the related commercial activities which are continuing simultaneously across the several operating geographies – in fact …
Hey – eh…my-o dear-a EQUITY FRIENDS and shareholders AZ `ere…. I can-a …today announce-a …. dat – ah …ze Supply-a Mi universe justa gotta a lot bee – ger and er…wider and-ah we now goes-za beyond-a da UK now and we av-ah exceedida our current growth plan and intend to enter into a LoI with our friends the zorgons on the (supa-growth-a) planet Proxima Centuri and I `av-a to tell you mi EQUITY FRIENDS and shareholders… doze-a fellsa…er…. day…a drive-a hard-er barginnn. A mannaggia ….Stugatz this is AZ saying chow bene.
The Company notes that the timetable for the relisting and resumption of share dealings is outside of its control. It will keep shareholders updated regarding progress as it is made.

https://www.tradingview.com/x/aDS2RDtM/

interesting divergence in momentum/volume and price although slow stochastic not looking overbought. Some interesting discussions on Discord on SLP I will post later to ask LTHs here for their views
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Agreed, momentum looks to be turning and PT gaps up again this morning.
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Agreed, momentum looks to be turning (and PT gapped up again today)
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https://www.tradingview.com/x/g3Up0kdv/

AZ...( you like it)?

10p a post...? Luxury (4 Yorkshiremen - Monty Python) Actually, if you live e.g. in Vietnam, that is not a bad wage.
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Thanks TBTT - it really is very helpful to read your thoughts on this BB. I for one am most grateful.
Not only you, all of the other regulars too...
Quality calibre minds and it is a pleasure!
P