Tharisa Share Discussion Threads

[sotolo] 11/1/2022 07:24

Tiger thanks, however I never know how to open links on advfn as they seem to take me back here. However I Googled it and found Edison Group’s big report from December, the PGM market outlook and prices forecast, but maybe I was reading something different to you. This report forecasts flat rhodium from here to 2030 (with a bit of decline next couple of years then recovering back to around $16000, but never again higher than that, before then falling to $5000 after 2030. Also a small rise in Platinum over the next few years and a similar fall in Palladium. If this is right it would suggest lower profits with mine inflation, obviated hopefully by increased efficiencies, and of course increased by Zimbabwe but that will be a drain rather than source of profit over next few years. So did you mean the future will be very bright in that our share price should hopefully stay around here if efficiencies work out rather than tumble with ev’s, till the market starts looking at the big long fall after 2030? Or did I find the wrong report?

[tigerbythetail] 10/1/2022 09:56

I jus thought it would be worth posting this market research again. If it's accurate, the future will be very bright indeed for Tharisa!
www.edisongroup.com/wp-content/uploads/2021/12/PGM-themes-1221-new-template_CR2_0-2.pdf

[plat hunter] 09/1/2022 09:20

I perhaps would've sold HOC over Lloyds...60p coming over there i reckon

[sotolo] 07/1/2022 15:38

You beat me too it, you can understand me selling Lloyds and Tui to buy ths this week, tho maybe should have sold Cey and hoc but v hard to sell after down so much as erroneously believe in/cling on to recovery

[tigerbythetail] 07/1/2022 15:09

Still rising!
$17,500 now (JMAT rhodium price)

[catsick] 07/1/2022 08:45

Rhodium back to where it was at the start of 2021, they will be printing cash now, as far as the difference in prices in lse vs joburg I think its just a liquidity thing , I have seen the same thing with dual listed london and Toronto shares with the difference being up to 20%, If it opens too wide I transfer my position to the cheapest exchange and lock in a few extra shares, with CUSN I have been able to increase my holdings by 30% swapping between exchanges

[tonytyke2] 07/1/2022 07:03

TBTT, I think you have enough information to request a review/investigation from the authorities.

[nigelpm] 06/1/2022 16:56

Yes, lots of block trades on the order book - 73k got matched in closing auction today. Essentially, price differences can persist if no-one is willing to arb to bridge them

[tigerbythetail] 06/1/2022 16:36

I'm puzzled about something...
Does anybody understand the marked difference in Tharisa price between London and Johannesburg? It's nearly 10% higher in Johannesburg. How is this sustainable?
I also note some puzzling trades in London - such as one for 200K shares (£260K value) @ 1.30, which went through at 16.10 yesterday.
All in all, I have the impression that the Tharisa price in London is being held down by the uncrossing trades. It's all a bit strange - rhodium has soared 20% in a few days, and yet the share price has barely moved.

[sotolo] 06/1/2022 14:46

Good to see others coming out of the woodwork, happy NY all. Rh up again to $16800 in NEw York, on a bit of a tear, Today I sold Lloyds to buy more. As we all know shares are about expectation so the same metal price in a rising market is worth far more to the share than in a falling market imho

[tonytyke2] 06/1/2022 13:08

In a ideal world would rather see the true actual buying and selling picture, it's something that's bugged me for many years. IMO we often get too used to systems and procedures that are not transparent and fully effective.

[basem1] 06/1/2022 12:21

Would you rather pay a bit more and it show up as buy ? Does it really matter......

[tonytyke2] 06/1/2022 11:14

My buy at 120.07 just now is showing up as a sell.

[tonytyke2] 06/1/2022 11:11

Hey there, happy new year TBTT! I have had a top up here today and SLP yesterday. Things looking much better and imo, commodities may prove a decent inflation edge.

[sotolo] 06/1/2022 08:34

Yes I saw that too so I Sold some Tui I bought before Xmas, tho think will rise further, and bought some more ths as market doesn’t seem to have caught on to rh rise

[tigerbythetail] 06/1/2022 08:05

Happy New Year to you too, Sotolo.
Rhodium still rising this morning - now $16,300 on JMAT.
Also, the "gap" between AIM and Johannesburg price is still there - in J'burg this is trading at 131p equivalent. I don't have the necessary accounts to arbitrage the gap, but it must be worth someone's while!

[sotolo] 05/1/2022 23:13

Aha Tiger, I read this eve’s rh price on jmat and opened this chat expecting to post “where is everyone, no posts for four weeks now while rh up over 10% just since yesterday and seems to be starting off again, maybe chip shortage beginning to work through” and needless to say Tiger had woken up and beat me too it. Happy New Year to you and anyone else still reading here, may this be the year THS finally gets better value despite the relatively low share of profits returned to shareholders, chunky final dividend of 3% coming in a month

[tigerbythetail] 05/1/2022 15:12

Rhodium now $15,800 in New York JMAT fix.
Happy New Year to all!

[ukgeorge] 05/1/2022 09:50

You talked me in to buying a few more 3,630 extra roll on a decent rally passed last years £1.50 high.

With Capex having now dropped back the cash pile should really be growing.

13th January is Q4 production numbers
and
23rd February should be the AGM to confirm the 5 cents dividend (9cents for the full year).

Roll on 2022 being as good as 2021

[tigerbythetail] 05/1/2022 09:13

Rhodium now strengthening considerably - $14,800 JMAT London fix this morning.
There is also a considerable gap between the London and J'burg prices for Tharisa stock - it's trading at roughly 130p in South Africa and 120p here.

[ukgeorge] 04/1/2022 16:04

Looks like these are about to breakout

[tigerbythetail] 04/1/2022 09:49

Happy New Year all!
Rhodium strengthening slightly - now at $14,250/oz (JMAT prices). Hopefully, this reflects an easing of the chip shortage and strengthening demand. Time will tell!

[nigelpm] 09/12/2021 17:59

You regularly see unusual auction trades throughout the day in the this stock FWIW.

[basem1] 09/12/2021 14:05

Somethings cooking. SLP are down so it is not sector based Way undervalued though

[sphere25] 09/12/2021 12:17

Watching this. That odd trade just caught my eye.

Not sure if that chart is going to bounce from here, but someone has just paid 4.5p through the offer. Unless that is a wrong un (to be corrected later), they have paid 128.5p when the offer is 124p and you can buy in the market under that.

- Price currently testing resistance
- 50 day moving average is just a smidgen under 126p
- 200 day moving average is just a smidgen under 129p

Chart could just be consolidating here too. Some decent participation in the market but nothing spectacular.

739k traded so far.

NOT INTERESTED YET.

How about 4.739m to get the juices flowing?

Doubt it will happen but keeping an eye open for any whoppers.

I don't think we will see too many in the market as we draw closer to the year end.

Could be a snooze fest shortly.

All imo
DYOR

14:13 EDIT
Need to watch this one closer. I'm not familiar with it. Some odd things going on here. Just had a 195k uncross in one of the daily auction's at 125p when there are three market makers on the offer at that price. Don't see that often. It looks more like it is consolidating but then someone is at work buying big in the background too.