Eastern Platinum (JSE: EPS) share price, discussion & sentiment

Picked up EPS at R3.45 yesterday and watching it run to R4.00 today, but that 16% spike feels a bit frothy so I'm taking half profits here and holding the rest for the next leg.

EPS sitting at R4.17 is actually lekker value if you believe in the platinum cycle turning. PGM prices are still under pressure but the majors like Impala and Sibanye eventually recover, and EPS has assets in decent ground. Long game only though, not a quick flip.

got filled on 4.15 last week, good dip to top up tbh

Platinum spot price has been lekker steady this year, and EPS sitting at R4.17 means we're getting decent value vs the majors. Problem is the rand keeps biting into margins when it strengthens, but if they can sort the exploration side and get some decent assay results, this thing has legs. Long hold for me, not a quick flip.

EPS sitting at R4.17 is cheap if they can actually move into production. Problem is exploration costs are eating cash, need to see a real offtake agreement or something concrete. Palladium prices are decent right now so timing could work in their favour. Get the deal done and this runs.

platinum's been getting hammered, eps sitting at R3.75 is basically begging someone to do the math on what the resource is actually worth vs the market cap. if they can keep the lights on through this cycle without another dilution, could be a different conversation in 18 months when metal prices stop being tragic.

eps sitting at r3.75 but where's the actual production numbers. platinum spot been weak, palladium worse. if they're not pulling metal out the ground consistently then what are we holding here.

eps closing at r3.75 is rough, platinum spot's been weak and the rand's a mess. gonna be shocked if they can get costs down enough to make sense at these levels, the majors like implats are bleeding too but at least they've got scale. feels like waiting for a real bounce in the metal or some serious operational news before this moves.

could read as classic junior explorer stuck in funding limbo. platinum spot's been decent but eps keeps treading water around r3.75, balance sheet doesn't inspire confidence on the capex front for actual production. palladium upside is there but they need cash or a partner to get to it, which is the real problem here.

good day to top up at these levels. platinum spot's been under pressure but eps has solid assets in the eastern bushveld, palladium upside when sentiment shifts. not selling at r4, gobbling them up instead.

EPS sitting at R4.00 is basically where it was 2 years ago while pgm spot prices have nearly doubled. either management is useless or theres something else going on with the ore grades. watched them miss production guidance twice last year so until we see a proper sens announcement on actual ounces coming out the ground im staying on the sidelines.

Good Morning Everyone. EPS closed R4.00 yesterday, market cap sitting around 2.8bn depending on share count. Platinum spot still holding above 950 usd so if they can keep costs flat the upside is real. Group sitting on decent resources in the eastern limb, just need execution on the development side.

Well looky look, EPS sitting at R4.00 and the platinum space is actually showing some life again. Palladium recovery could be the swing factor here, auto catalytic demand usually picks up when the rand weakens. Long term if they can get their grades up and production costs down it's a proper asset, not like some of these explorers burning cash.

EPS down 3.47% today but still trading at a decent discount to Impala Platinum on EV/EBITDA metrics, especially given the platinum price recovery we've seen. The dividend yield is holding up better than peers right now, though you'd want to see that free cash flow conversion impr

eps been consolidating around 3.75 for a while now but the fundamentals are there. margins improving, debt ratios better than competitors like cashbuild, and management actually executing on capex. if they hit their guidance next quarter this runs to 5 plus easy.

earnings still weak for the size of this thing. compare to asterdive or nampak, eps trading at discount for reason. question is whether management actually fixes costs or just talks about it.

Solid close at R3.75 yesterday. EPS trading at decent value if you look at the earnings yield versus the rand weakness we're getting, plenty of upside on a proper recovery. Been nibbling on dips, good day to top up if you believe in the turnaround story here.

eps holding R3.75 is actually decent value if you look at the fcf they're generating. most people don't bother reading the cash flow statement but they've been consistent there unlike some of the other industrials. question is whether management can actually execute on the capex guidance they mentioned in the last sens filing or if we get another miss like 2021.

Closed at R3.75 again, sitting pretty on support. EPS earnings multiple still looks cheap versus peers, especially if they can hold margins through this cycle. Few catalysts moving forward, patience looks like a real good idea here.

Worth a read [LINK]