Tharisa Share Discussion Threads

[p163] 02/2/2017 12:22

Heavy vol at JSE. Next leg up/down soon?

[naughtynicky72] 11/1/2017 16:49

Nice 5.56 % Rise .

[naughtynicky72] 27/11/2016 15:10

News Due 29 th Nov !

[battlebus2] 24/11/2016 13:22

Ditto no reason to sell.

[cfro] 24/11/2016 11:06

Platinum prices down so share price may be responding to that. What we do know though is that demand is very strong from the Chinese buyers that THS sell to.

Im sticking with this one as i believe the valuation is too low here. Sp should consolidate around these levels before the next leg up imho.

[battlebus2] 16/11/2016 18:09

Yeah should let a few buyers in.

[cfro] 16/11/2016 17:46

Not at all surprising to see a pull-back today after a 60% rise in just a week! All perfectly healthy imho.

[cfro] 15/11/2016 11:00

More good news again this morning. Nice. All helps the bottom line.

[battlebus2] 15/11/2016 10:11

Flying ahead now :))

Tharisa PLC Debt finance project completion tests achieved
Intraday Tharisa Chart

Intraday Tharisa Chart
15/11/2016 8:00am

UK Regulatory (RNS & others)


TIDMTHS

RNS Number : 1828P

Tharisa PLC

15 November 2016

Tharisa plc

(Incorporated in the Republic of Cyprus with limited liability)

(Registration number HE223412)

JSE share code: THA

LSE share code: THS

ISIN: CY0103562118

('Tharisa')

Tharisa announces project completion, which will reduce the group's cost of debt

Tharisa is pleased to announce that the project completion test in respect of the ZAR1 billion senior debt finance facility has been successfully completed. As a result of project completion, the facility's interest rate will reduce from JIBAR + 490 bps pa to JIBAR + 340 bps pa. In addition, the guarantee provided by the holding company to its subsidiary will lapse.

[zed2002] 14/11/2016 22:09

Based on Earning per share to be US$6 cent i am guessing Net Profit to be around $13m

[battlebus2] 14/11/2016 21:19

I've set an initial target of 180, should be at least worth that imv but as ever DYOR.

[zed2002] 14/11/2016 18:29

Finals 2015
Revenue US$246.8m
Op Profit US$18.4m
Net Profit after Tax US$6m
US$ 2 cents Headline Earnings per Share.

Latest RNS stated Headline Earnings per Share is expected to be US$6 Cents.

[saucepan] 14/11/2016 13:51

Yes good to see you arriving, bb2. I was lucky to spot this one early, I usually find I arrive after you! Surely a lot further to go from here. Are you in/have you looked at HMI? It might appeal.

[cfro] 14/11/2016 13:44

Don't forget me too battlebus..... :-)

All the better to have you here as well....

Haven't seen any revised broker forecasts yet but the forward pe is quite probably not more than six here so a very cheap little stock imo.

[battlebus2] 14/11/2016 13:16

Posted about THS on BBUS after I bought Friday morning so great to see the rise continue. Good to see you here saucepan, I see your here early doors, well done!!

[saucepan] 11/11/2016 09:46

Excellent - and again, by the lack of posts, not many aware yet :-)

[cfro] 11/11/2016 09:35

Ahh reason for todays rise:

Earnings per share expected to more than double


:0))

[saucepan] 10/11/2016 18:59

Yes, indeed, and seemingly well off the radar of most private investors judging by the lack of posts here.

[cfro] 10/11/2016 15:10

Breaking out strongly today. :-)

[saucepan] 14/10/2016 09:07

Some Shares coverage yesterday, too. In summary: "Keep buying the shares despite the strong run that’s already taken place. Tharisa is really cheap on a mere 4.6 times 2017 forecast earnings".

[paleje] 10/10/2016 11:47

Peel Hunt reissued their buy note but kept their 120p target, I don't quite get that. Perhaps it's the relative newness of the co being in production.

[saucepan] 10/10/2016 09:41

Thanks for the Telegraph link, paleje. It sums things up well. Very happy with today's news.

[paleje] 10/10/2016 08:52

Excellent update and strong outlook, the current year PE rating which is still only ~5 should increase imo. They are well managed and do what they say, Peel Hunt's 21.3p eps forecast could be conservative and there will be a fx benefit which has probably not been fully factored in.

[scotty666] 10/10/2016 08:29

4th Quarter & FY production update has been well received. Market prices have improved substantially, almost double the June qtr for November deliveries.