Tharisa Share Discussion Threads

[jon4567] 13/4/2021 07:21

Sotolo the second quarter production is always the lowest. Its because of festive holidays and rainy season. Update is exactly as expected.

[sotolo] 13/4/2021 07:17

Well sadly your guess looks wrong on all counts at quick reading. With PGM down 9% and more expensive chrome transport etc, seems cash is $31m not over $50 as you hoped so no special divi announcement

[ukgeorge] 13/4/2021 07:16

26M cash increase in the quarter, production all in line :)

[croasdalelfc] 12/4/2021 14:41

Most financials not until late May

[croasdalelfc] 12/4/2021 14:40

My guess is $305m H1 revenue >$50m net cash and dividend announcement.

[farnesbarnes] 12/4/2021 14:21

Substituting Rhodium with Palladium -

[davebowler] 12/4/2021 14:19

Substituting Rhodium with Palladium -

[ukgeorge] 12/4/2021 13:51

Tharisa presenting

[martinfrench] 12/4/2021 10:38

just added a little 2k purchase, dont expect fireworks tomorrow, prob at best into late 150s

of more interest the financials

[martinfrench] 12/4/2021 10:09

i have my near term (prob a yr) of slp at £2 and ths at £3, nice round numbers so not too much analysis, but i know the value of both and both are very possible, but as everyone says, really depends on rhodium

if rhodium stays above 25k these should be quite easy to achieve

[ukgeorge] 12/4/2021 09:01

Given the current profitability a target price of £3+ could be considered conservative. Obviously very much depends on how long rhodium prices are so high.

[farnesbarnes] 12/4/2021 08:45

Exactly my thoughts too George, albeit I have a target a bit higher than 160p.

[ukgeorge] 12/4/2021 08:42

If I put my rose tinted spetacles on when looking at the share price chart I see a cup and handle pattern.

These are a continuation pattern. There also doesn't look to be much obviouse resistance. 160p area is the previous all time high so some there.

Roll on an excepetional dividend I think 9p this year would be about right using the 15% payout ratio.

[ukgeorge] 12/4/2021 08:30

just had a top up 3,341 @ 149.5p

Production results tomorrow.

Roll on Rhodium prices remaining high for a long time

[martinfrench] 09/4/2021 19:27

same here rog,

started early on slp, and have done very well, never really considered tharisa too much because it is a bit sluggisg, but have been building from 128

added today, dont like it but apparently its what we should do :-)

[rogerramjett] 09/4/2021 17:05

Not one for averaging up but my conviction here has grown. Added twice this week both times at a higher price. Its an easy buy and hold for me. PGMs will be required for clean tech such as electrolysers and some fuelcell systems as well as the know catalytic converters etc.

Basket price is looking very good. Operational growth will only add to the bottom line. No estimates of MCap but believe this could have a way to go yet. Certainly attracted attention this week.

[tomps2] 09/4/2021 11:46

The Stockopedia and piworld StockSlam April 2021 featured Tharisa (THS) which was ‘Slammed’ at 09:53 by Keelan Cooper


Video:

Podcast:

[sailing john] 09/4/2021 09:56

Thanks for signposting pi world presentation. Good summary in 3 mins for new/potential investors and confirms what existing investors already know.

JLP also presented later (I hold a much smaller position) Poor presentation on JLP imo with very little on numbers and growth story. It appears to me that SLP and JLP have been the big growth story over the past few years and Investors can't accept that there is a new opportunity at THS. They tend to look back at historic numbers which in our case were dominated by chrome price rather than pgms. As we know that has now changed and will become more apparent with results although I think we might have to wait until 1H in May as most PIs don't run models to convert the info in the quarterly TS next Tuesday to P&L /eps

[martinfrench] 09/4/2021 09:44

good summary by that young guy, though all fairly std stuff

didnt like the guy presenting for micro focus, didnt really seem to get it

[ukgeorge] 08/4/2021 17:42

They need an extra day to count all the money :)

[bdroop] 08/4/2021 17:34

Hi,Just to say the Q2 April update “date” on the THS website states it will be 13th April and not 12th as has been mentioned here and elsewhere..GLA.

[faz] 08/4/2021 16:51

Ther was a stock slam last night in which THarisa was recommended as one of ten shares. Buying could be new joiners as a result

[ukgeorge] 08/4/2021 16:28

Shares in issue 296M mkt cap at 141p was £400M

Last years group revenue was $406 M gross profit $130M net profit $54M

This years revenue from PGM's alone using a 15% discount to todays prices comes out at $570M.

This is mind blowingly good.

[saltraider] 08/4/2021 16:15

Big order being filled?