Anglo American Platinum Limited (AMS.JO)

Johannesburg - Johannesburg Delayed Price. Currency in ZAc (0.01 ZAR)

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128,000.00

-2,569.00

(-1.97%)

At close: 05:08PM SAST

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P
The last time the stock was this low they had stopped processing ore due to maintenance problems. Things are not that bad. Platinum production will come in light power outages higher costs etc. this is a screaming buy and dividend announcement soon.
Expect buy backs and dividend.
I increased my position to 30000 shares.
Will keep buying if goes below 10
J
https://discord.gg/ArbNj9hXCF
Bullish
F
So, is this company more Platinum or Palladium? How is it that Nornickel is the largest Palladium producer yet, Anglo American is the largest Platinum producer? I was under the impression that the two metals are linked together in deposits, reserves and extraction/refining. Am I wrong about that? Does the price of Platinum follow Gold as a precious metal or is it more linked to industrial demand? Right now it is very weak like the other industrial metal, copper, aluminum and Iron ore.
P
Bought some at the close
j
Russia acounts for 40% of the world's palladium supply. Worth well over $2500 an ounce, palladium is both a precious and an industrial metal.

Unlike gold, 100% of the world's annual palladium supply is sucked up by high industrial demand. It is a key material in both the automobile and the semiconductor industries. The primary demand is from the automobile industry, an industry which will be kicking into an even higher gear than it has been in as we leave the pandemic behind and as the semiconductor shortage begins to lessen. Imagine what those developments are going to do for palladium demand going forward. Demand for automobiles has already been off the charts for over a year. Anybody who has been in the market for a new (or even used) car can attest to that fact. Cars do not stay on the lot for more than a few days, and often are already bought long before they even reach the lot. And all this with 10% dealerhip markups over msrp common across the industry.

Can anyone imagine what will happen to the price of palladium (already in a very tight market before this crisis and war started) if any significant portion of the Russian (40% of the world) supply comes off the market?? Yes, palladium has risen since the tensions and war began, but nowhere near enough to account for any significant potential drop off in Russian supply. This war isn't going anywhere any time soon, and the longer it lasts and the heavier and more violent the fighting becomes, the more the Russian supply of this critical metal comes into question. If indeed a significant chunk of the supply is ever taken off the market, the subsequent increase in palladium price will make the rally in oil prices seem like child's play.

This post is continued below in the first comment.

$ANGPY $IMPUY $SBSW $PALL
Bullish
K
When you mine Platinum you also mine Palladium which is double the price of Platinum and that is Palladium is what is used in a separation process of Hydrogen and Oxygen from water and Palladium is also used on Motor Vehicles to reduce emissions especially Diesel
M
This company has done so much better than Platinum, especially within the 3, 5, and 10 year time-frames. Does anyone here know why? Thank you for any light you can shed.
P
175 rand equals almost 1.94/share dividend
This stock should be at 25
j
Having a hard time finding the ADR to common ratio on this. Normally I am able to find this info but this one is proving harder. Thanks in advance.
j
Opened a position today. Too compelling to ignore.
Bullish
P
Gotta love this stock up 50% in three months.
Should easily hit 20
T
Not many people interested in ANGPY. One of only a few securities that provide leveraged exposure to PGM. I own PPLT, ANGPY and SBGL. I think PPLT will dramatically outperform PALL and GLD in the coming years.
P
Does this company give quarterly figures or just every 6 months.
D
Just heating up here early in the first inning, especially since we have a drug that can be used for multiple indications. Now is the time to grab these cheap shares in bulk because this price isn't staying here for much longer.
N
Since Russia is looking to restrict the exports of (Maybe Palladium & Platinum), the almost 10% drop of PPLT from 108 to 99 now is confusing me.

Russian President Vladimir Putin is banning exports of certain commodities and raw materials, according to a decree issued Tuesday evening in Moscow.

https://www.wsj.com/articles/russia-set-to-ban-commodity-exports-following-western-sanctions-11646768260
President Putin’s decree didn’t specify which commodities and countries would be subjected to the export ban.
President Putin’s decree didn’t specify which commodities and countries would be subjected to the export ban.
www.wsj.com
Bullish
M
ANGPY has balanced my portfolio nicely. So glad I found this. RGLD has helped too. They aren't flashy, but doing the job as inflation and fear benefactors.
P
https://www.angloamericanplatinum.com/media/press-releases/2021/20-07-2021a
P
Earnings should be great
Very excited
P
Outstanding results special dividend
P
https://www.angloamericanplatinum.com/media/press-releases/2022/11-02-2022