We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Tharisa Plc | THS | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 1.00 | 1.49% | 68.00 | 16:35:10 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 67.50 | 67.50 | 67.50 | 68.00 | 67.00 |
| Industry Sector |
|---|
| MINING |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 14/12/2023 | Final | ZAR | 0.372226 | 29/02/2024 | 01/03/2024 | 13/03/2024 |
| 19/05/2023 | Interim | ZAR | 0.583596 | 08/06/2023 | 09/06/2023 | 21/06/2023 |
| 05/12/2022 | Final | ZAR | 0.690348 | 02/03/2023 | 03/03/2023 | 15/03/2023 |
| 26/05/2022 | Interim | ZAR | 0.473004 | 16/06/2022 | 17/06/2022 | 29/06/2022 |
| 24/02/2022 | Final | ZAR | 0.806295 | 03/03/2022 | 04/03/2022 | 16/03/2022 |
| 27/05/2021 | Interim | ZAR | 0.55408 | 17/06/2021 | 18/06/2021 | 30/06/2021 |
| 30/11/2020 | Final | ZAR | 0.531752 | 25/02/2021 | 26/02/2021 | 10/03/2021 |
| 28/11/2019 | Final | ZAR | 0.037044 | 13/02/2020 | 14/02/2020 | 26/02/2020 |
| 15/05/2019 | Interim | ZAR | 0.07127 | 06/06/2019 | 07/06/2019 | 19/06/2019 |
| Top Posts |
|---|
Posted at 04/4/2024 12:27 by ianb5004 Rising nicely since the buy back announcement. I am reliably informed there has been a large holder who wanted out which has trashed the sp, compounded by pi,s panicked sells.Nothing like a low share price to trash sentiment. Logic can go out of the window during such times. Ths remains a profitable divi payer thats sat at a valuation far below its worth. |
Posted at 06/3/2024 15:10 by nigelpm Influential Twitter poster back in :#THS I have bought back some. A 48p share price is just too low giving it a market cap of £144m and last reported net cash of $109m. Chrome prices are still really high c$290/t, shorts seem to be closing on Palladium and Platinum/Rhodium are due a move up. May not do much in the short term but I just can't sit outside at this price |
Posted at 06/3/2024 10:34 by stemis Directors usually have a longer time frame than most PI's, who just want to see the share price go up in the short term, take a profit and move on, even if it means liquidating the company. They are also closer to the market than most of us. I don't imagine the board of THS took the decision lightly to invest large amount of cash (42% of which would accrue to them) in Karo. If Karo is worthless, as the share price suggests, then a great chunk of the PGM mining industry is worthless and I find that hard to believe. But in the end we will see... |
Posted at 06/3/2024 10:16 by stemis It's also worth bearing in mind that THS management own 42% of the company so they are hardly indifferent to shareholder value. |
Posted at 15/2/2024 08:44 by stemis Investors wonder why companies are reluctant to interact with PI's.I'm not a great fan of LSE. In my (albeit fairly limited interaction - mainly DX., SQZ and THS) I've found it the source of some absolutely woeful analysis, which is then swallowed wholesale by gullible readers. |
Posted at 07/2/2024 15:43 by stemis A bit more for those who don't follow LSE:-Because THS own the majority of Karo Holdings (KH), it doesn't much matter what valuation they place on the shares. Suppose KH was valued at $325m pre fund raise. THS owns 70% so it's stake is worth £227.5m. THS injects £65m for another 5% so KH is now worth $390m. THS now owns 75% so it's stake is worth $292.5m (amazingly $65m more; the amount it injected). However let's suppose KH was only worth $125m pre fund raise. THS owns 70% so it's stake is worth £87.5m. THS injects £65m for 5% so KH is now worth $190m. THS now owns 75% so it's stake is worth $142.5m ($55m more; but only $10m less than it injected). |
Posted at 07/2/2024 09:23 by stemis Tiger,I've now had chance to look at the posts on LSE. Although what is said is strictly correct, I think they are getting confused by the accounting. The gist of the argument, if I'm not mistaken, is that THS have paid $65m for 5% of the shares in Karo Holdings, valuing Karo Holdings at an incredible $1.3bn. Whilst this is true, what they haven't taken account of is that THS didn't buy the shares off the minority holder (Leto settlement) but subscribed for new shares in Karo Holding. The result is that 75% of the $65m still effectively 'belongs' (in the sense of being part of their beneficial holding) to THS. Only 25% i.e. $16m of value has been provided to Leto to reduce their holding from 30% to 25% (so from their point of view, it's valued their holding in Karo Holdings at $320m). Indeed if THS do increase their holding to 80%, that $16m 'effectively' becomes $13m. Now one can argue that the $16m should be lower, but there may be strategic (or indeed contractual) reasons why they might have agreed that figure (I don't know). However, in the scheme of things, the difference really isn't that material. |
Posted at 22/12/2023 10:30 by tigerbythetail Platinum price also improving - $980 now, well off the lows of $830 or so. This is more or less the top of the recent channel, so it will be interesting to see if it can break-out over $1,000. Let's hope so.Rhodium and iridium, which together are highly significant for Tharisa's overall basket price, both stable. In short, things are looking up for PGMs. THS share price hasn't really moved to reflect this yet. |
Posted at 15/12/2023 11:28 by stemis I believe there's around $330m left to spend on Karo. THS has $116m net cash & generated (pre capex) $105m in 2023 so should be able to avoid significant net debt.So even if you ignore it's cash, still valued <2 x 2023 ebida. That's with zero value for Karo. Any recovery in PGM prices & this will fly |
Posted at 14/12/2023 14:43 by tigerbythetail Tumbleweed here.For my money, Tharisa offers amazing value at this level. If you adjust for cash, then the P/E is only a little over 1. I'm not sure if the Karo investment will turn out to be wise in the medium term, but THS is still a well-run and profitable enterprise. And though it's really a growth stock, it even pays a reasonable dividend. So I'm buying at these levels when all is quiet. I'm also thinking of buying a platinum ETF as well (but not palladium!), because I'm confident that at some point prices will turn. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
