Tharisa Share Discussion Threads

[basem1] 25/5/2021 12:28

A close at this level would be satisfactory given the amount of selling today

[ukgeorge] 25/5/2021 10:19

WTF looks like support at 135p, didn't see this coming. 6 months of high prices amazing profits and share price flat for months very annoying

[farnesbarnes] 25/5/2021 09:29

And 24k on JM. What's 25% between friends?

[ukgeorge] 25/5/2021 09:27

Rhodium at 19k on kitco very frustraiting seeing as THS share price didn't really rise with the spike to 29k

[basem1] 25/5/2021 08:29

20k GBP Blocks getting out

[basem1] 25/5/2021 08:24

Let's hope this is our seller clearing

[basem1] 24/5/2021 16:22

Sometimes you have to go backwards before you can go forwards So much for my 25000 purchase at 149.66 this morning

[ukgeorge] 24/5/2021 16:06

or perhaps it is due to rhodium dropping 2k!!

[gsg] 24/5/2021 10:09

So the reason for the flurry of buys on Friday was a Share Prophets tip. At least it soaked up a bit more of the overhang.

[contrariwise] 23/5/2021 17:22

A question for someone who understands Tharisa better than I do: I am going through the 2020 accounts and can see profits attributable to non-controlling interests but no discussion of them. Please can I ask:

1) who are the non-controlling interests?
2) why in 2020 they receive over 20% of the net profit but only 10% of the comprehensive income?
3) what is the difference between net profit and comprehensive income?
4) why does the net profit attributable to the non-controlling interests vary each year?

I have emailed the company but I hope someone here will know. Many thanks.

[gsg] 21/5/2021 15:56

Still JBER alone on the offer 1 v 1 and doing the selling so they have the line of stock. Waiting for them to fold their position and see if it takes us anywhere.

[rjmahan] 21/5/2021 15:04

Buyback is a great idea.

[farnesbarnes] 21/5/2021 14:02

And a flurry of buying just after 1pm.

[gsg] 21/5/2021 13:55

Reverse spread on the auction. Nice little sign.

[lennonsalive] 21/5/2021 12:50

Share buy backs waste of time. I'd rather sit tight, wait for the seller to go and see this share climb

[jon4567] 21/5/2021 09:35

Another day, another blue sea of buys. In my opinion, when the institutional seller stops dumping, the share price will move up very rapidly. Then everyone will say how obvious it was and wish they had bought more.

[farnesbarnes] 20/5/2021 13:20

Just over a month old, but good.

[gsg] 20/5/2021 13:20

FB, that would definitely help.

[gsg] 20/5/2021 12:56

I agree with you re the long term potential spooky. That's why I hold. I think we can agree that the value will eventually shine through.

[spooky] 20/5/2021 12:51

We can agree to disagree on liquidity. As far as the sellers are concerned, Fidelity's activity in the stock suggests they don't really know what they are doing and the number they have left is not a major issue IMO. Rance on the other hand, had 14.86% at the time of the last RNS so the short term path for the stock will probably be driven by the extent to which they want to reduce. Longer term this is all irrelevant, if PGMs stay around these levels the shares will ultimately go much higher IMO.

[farnesbarnes] 20/5/2021 12:33

GSG - volume wouldn't be a problem if they starting hiking the dividend sustainably. The share price would eventually follow.

[gsg] 20/5/2021 12:11

spooky,

Speak to the company. Even they say that volume and liquidity is a problem, which they have been attempting to rectify. Yesterday was an exception.

97,813 shares traded so far today. I'll leave it there.

[spooky] 20/5/2021 11:45

GSG liquidity is not pitiful, easy to get quotes in £100000+. When a significant holder decides to reduce their position there is always likely to be a period of indigestion. Remember the shares were 40p a year ago so encountering sellers is hardly a shock. The valuation is ludicrously low at current PGM prices but remember other investors may have a more negative view on where prices may be in the future, thats what makes a market.