Tharisa Share Discussion Threads

[ukgeorge] 15/11/2021 10:53

Sibanye has assets surrounding Tharisa mine but they have just spent a billion on nickel assets in South America, so that might rule them out to a degree.

Perhaps a bid from Implats is the most obvious. They have just been out maneuvered on the Royal Bafokeng deal and secondly they already have the Zimbabwe assets so the Karo project would likely be a sensible fit.

That said the Pouroulis family holding probably means that the company is relatively safe from a low ball offer.

[sailing john] 15/11/2021 10:03

George. I agree as I said a couple of weeks back (post 1072) there has been some significant sector activity recently with major acquisitions. Assets don't stay undervalued forever. I think Tharisa will want to start developing Karo first as that will hopefully increase the valuation significantly. But with substantial capital required to develop Karo they will need a heavyweight partner imo SJ

[tigerbythetail] 12/11/2021 09:03

www.investorschronicle.co.uk/ideas/2021/11/11/tharisa-s-dividend-looks-precious/

[croasdalelfc] 12/11/2021 08:29

https://twitter.com/ichronicle/status/1458839835989450752?s=21

[ntv] 12/11/2021 08:02

Tipped by IC

[tigerbythetail] 09/11/2021 17:32

Latest on auto chip shortage...
www.zerohedge.com/markets/infineons-ceo-says-chip-shortage-will-last-well-next-year

[tonytyke2] 08/11/2021 11:23

But as per my post below, senior VW management are indicating the chip position is clearly easing.

[plat hunter] 08/11/2021 09:12

Just look at the impact Diesel Gate had on PGM's, which was miniscule to production disruption compared to the chip shortage.

[loglorry1] 05/11/2021 15:10

VW saying chip shortage well into 2022. I don't think it is by any means over.

[tigerbythetail] 05/11/2021 14:25

Rhodium just ticking up.
Hopefully, this is a sign that the chip shortage is finally easing somewhat.

[sailing john] 29/10/2021 16:05

Martin - There is a link via Tharisa Twitter posted yesterday (lucky page 13!)

[martinfrench] 29/10/2021 16:02

hopefully someone can post the shares mag stuff here ?

[sailing john] 29/10/2021 15:22

We appear to be getting noticed in the PI world with the most recent buy tip in Shares Mag - well done to Tharisa IR and CEO for presentations etc to investors.

More significantly there is some buyout activity in the Sector as the cash rich larger players look to invest for the future. I'm expecting THS to be a target at some point given the life of mine and low PE. The family + Directors hold over 40% so I assume this will only happen when they are happy with the price and timing. I'm happy to wait as I think they can build more value over the next few years via Karo and other opportunities.

[ukgeorge] 28/10/2021 11:20

Start of the next leg up :)

[tigerbythetail] 27/10/2021 20:46

Technical article on the auto chip shortage and when we can expect it to ease:
www.zerohedge.com/markets/what-will-it-take-supply-chains-finally-normalize-three-things-watch

[ukgeorge] 21/10/2021 09:46

based on todays move it went well :)

Well done SJ

The broker targets,

Peel Hunt ...........................01-Oct-21 ...............£2.50
Nedbank Capital ................30-Sep-21.............. £2.43
Berenberg .........................28-Sep-21................ £1.90
BMO Capital Markets ........01-Oct-21 ................£1.75

[sailing john] 20/10/2021 22:37

Registered but unable to watch. However the slides are already posted on Tharisa website. Mostly similar to previous presentations but some new info and a good slide on broker forecasts. All very positive for further progress over the next few years. Remains my largest position by a big margin.

[deadly] 20/10/2021 21:25

Anybody see tonight's Webinar?

[basem1] 19/10/2021 09:26

Looks like yesterday's volume has cleared a blockage Market keen to take it higher today

[tigerbythetail] 19/10/2021 09:17

Just to point out there has been a fire at the Richard's Bay port terminal in South Africa, in the section for the export of chrome / manganese. I'm sure this will have some effect on THS - but maybe it won't be a big one.
www.iol.co.za/news/south-africa/kwazulu-natal/transnet-declares-force-majeure-at-richards-bay-terminal-after-port-fire-827aeca3-b174-5cb7-999b-ee52b3ec8980

[sotolo] 16/10/2021 08:58

Yes Tiger, looks like next year as well, but there is debate about whether and which PGMs will be in surplus/deficit, Phoevos sounded optimistic and there have been some interesting links on LSE even the pessimists predicting a $2000 basket. Our basket currently about $2600 following this weeks pull up, from $4300 at the peak. I think in a way we are psychologically lucky THS didn’t rise as we all thought it should have, so it is only 20% off the top, much happier that my goldies

[tigerbythetail] 15/10/2021 16:46

Auto industry supply issues roll on - and it's not just chips.
Magnesium (in which China have a near monopoly) is now the latest item in short supply. Euro car factories may run out by end November.
www.zerohedge.com/markets/rabobank-if-something-simply-isnt-available-does-make-it-cheap-or-expensive

[deadly] 14/10/2021 10:43

Delayed start to strong move north today. The value here has been obvious for a long time but is still not recognised by the market

[davebowler] 13/10/2021 11:54

THS peresenting here