Tharisa Share Discussion Threads

[ny boy] 18/7/2017 23:39

I'll have a few at 40p, chart looks dreadful. Catch a falling knife etc

[whitehunter] 18/7/2017 22:33

Thanks - Telegraph article is probably the reason. Talk about shooting investors/investment in the foot. Destruction of value is not good for anyone regardless of race or percentage holding.

[amunro] 18/7/2017 21:40

Policies that favour blacks over anyone else. Not exactly democratic. Ok, we know what happened in the past with apartheid, and there is no excuse for that, but this is modern times where everyone should be treated equal.

[amunro] 18/7/2017 21:24

I am puzzled too. I know Tharisa is also listed on the South African stock exchange and wonder if South Africans know something we don't? Googling doesnt find anything. Can only think its a combination of poor platinum/chrome prices and issues of transferring staff and machinery to Tharisa? Lots of problems ahead?

[whitehunter] 18/7/2017 19:27

Anyone know why these shares have fallen badly recently?

[armunro] 12/7/2017 10:20

They added another 4M shares today as per the rns: Following this issue, Tharisa will hold 1 033 576 shares in treasury to make provision for the potential requirement to allot shares in the event of participants in the TSAP exercising vested Appreciation Rights.

Wonder what that is about? Taken on lots of workers and thus need more shares to give them?

4M is not much compared to the number of shares issued.

[novicetrade68] 10/7/2017 18:34

Lots of Director/Employee buying recently, added a few myself too in the expectation of going back to at least a quid short term.

[naughtynicky72] 06/7/2017 14:20

Buys coming in hopefully will lift this up from the bottom off the pit !

[armunro] 01/7/2017 05:29

I am surprised too. Gone ex dividend and bringing everything in house? Cant think it can go lower so maybe a buying opportunity?

[naughtynicky72] 23/6/2017 16:40

50 % Down Since Feb March ?

[naughtynicky72] 09/6/2017 15:41

Capital Distribution of GBP 0.007694 per share . The issue has been marked Ex today ( 8th June 2017 ) and is expected to be made payable on or around 14 th June 2017 .

[naughtynicky72] 01/6/2017 19:20

101 p ? now are we heading under ?

[naughtynicky72] 31/5/2017 17:14

Heading down too a pound ? .

[novicetrade68] 22/5/2017 18:35

Hm, someone buying 60k shares @ 107p shows some confidence!

[arcadian] 20/5/2017 12:39

Might just be the prices of their products?

[puku] 19/5/2017 14:56

agree boyd - sizeable drop in share price is a bit of a mystery. Ok- mining output only up 3.8%, platinum prices flat, but chrome concentrate output up 44% and price up 142%.Perhaps market doesn't believe this will last. Maybe market is wary of their ability to take the mining ops in-house. Forecast eps is 54c for a PE 3 and net debt negligible. At this price I am very tempted to buy more.

[boydduk] 17/5/2017 22:05

stopped out but don't understand why. If forecasts figures are to be believed its trading on a fc pe of 2.5. The update seems confident. I know I'm missing something, over my head. IC write up is positive which is perhaps the only reason for me to stay out.

[amunro] 17/5/2017 16:48

It is indeed. Financials very good yesterday, but are investors spooked by bringing the operations in-house? As anyone knows, for outsourcing you need to pay more than the operating cost so ths will be paying a premium for the mining operations so bringing it inhouse will reduce operating costs and give better control.

Personally this looks a good company so i will continue to hold.

[naughtynicky72] 17/5/2017 15:59

Disappointing Share Price Movement !

[2breakout] 12/2/2017 02:31

Good old Chester the weasel.

[arcadian] 11/2/2017 20:47

How many MMs cover this? I tried to buy a few but couldn`t get a quote and later the deal failed.It looks very illiquid so a rush for the door would be difficult.

[naughtynicky72] 10/2/2017 17:32

Nice 10.55% Rise !

[chester] 10/2/2017 14:04

A close above 160p and it's a breakout.

[saucepan] 10/2/2017 11:31

Waking up today. Seems to be off the radar of most private investors, judging by the lack of posts here.