Tharisa Share Discussion Threads

[paleje] 11/1/2018 17:15

Good man and no fancy toppings.

[goldry] 11/1/2018 17:03

I'm in now.

Missed out on the opening price and had to pay just north of 121. Think it will be a good investment even at that price.

I'll buy her a pizza and put the rest back in the pot :~)

[paleje] 11/1/2018 15:03

goldry - yes but the share price may be higher by then so it'll cost you more.

xd 01 Feb, pay out 14 Feb Valentines Day, divi can buy the missus a meal:)

[rolo7] 10/1/2018 19:45

“RESOLVED THAT a final cash dividend in the amount of US$5 cents per ordinary share is declared for the financial year ending 30 September 2017, such dividend being payable to shareholders registered on the register of members of the Company as of close of business on the record date, being Friday, 2 February 2018.”
Anyone of a list of big shareholders for ths?

[goldry] 10/1/2018 18:11

Found it buried in the report. I still have until the end of the month...

[goldry] 10/1/2018 17:38

I was reviewing Tharisa today with a view to buying in. Catching the divi would be nice, but I can't find the ex dividend date. Has it passed? Anyone know when it is?

[mfhmfh] 10/1/2018 11:43

26 day MA has crossed the 50 day MA which have both turned positive.

SP has crossed the 200 day MA.

[mfhmfh] 10/1/2018 11:38

I was looking to buy circa 105p but ended up buying at a higher price. Still, I think 200p is achievable.

The main concern was around platinum and chrome prices which seem to be holding/moving in the right direction.

China's 19th National Congress implied demand for stainless steel will remain strong in the coming years.

Looking to add to my holding progressively throughout this year.

All IMHO.

[paleje] 10/1/2018 11:01

Welcome and good luck. I added, already had a few when they were cheap a while back, only thing concerned me was market prices which I find difficult to track but today's comments were reassuring.

[mfhmfh] 10/1/2018 10:03

Peel Hunt today increases target price to 230p from previous 200p.

[mfhmfh] 10/1/2018 10:03

bought in here today. GLA.

[paleje] 10/1/2018 08:14

Quarterly update, in line or slightly ahead on production with pgm and chrome prices strengthening. 2018 production guidance remains unchained.

PE6 too low for a divi paying producer in a buoyant market? Need a crystal ball for metals prices.

[whitehunter] 05/1/2018 13:47

I wonder what's behind the 2m+ trade this morning?

[novicetrade68] 19/12/2017 20:54

I would think so, but even the existing bad mining proposals were expected to go through the courts for years, probably resulting in a half-baked compromise.

[slopsjon2] 19/12/2017 09:34

Will the change in ANC leader help THS?

[naughtynicky72] 08/12/2017 17:55

More Buys coming in today , lets hope it continues next week come on Tharisa lets get moving up north , Good Luck All You Longs ! .

[novicetrade68] 07/12/2017 20:44

And anyone buying in at the moment can collect an easy $5c divi in January.

[boydduk] 07/12/2017 18:42

Positive write up in shares mag will hopefully help value get recognised

[aim_trader] 05/12/2017 11:38

Tharisa will be presenting to investors at the upcoming Proactive One2One Forum on 7th December. For details and registration, please click here:

[naughtynicky72] 27/11/2017 19:17

Surprised Tharisa did not move up with all this good news flow ? .

[novicetrade68] 25/11/2017 16:04

Results due this week so we can see how well they're doing...



Tharisa shareholders to get substantially increased dividends, with introduction of interim payout
S
11:00 23 Nov 2017
The South Africa focused chrome miner said that based on improved earnings, its directors are recommending a final dividend for full year 2017 of 5 US cents per share

Chrome mining
Tharisa said it also intends to introduce the payment of an interim dividend
Tharisa PLC (LON:THS) has announced plans to reward its shareholders by recommending a substantially increased dividend and an improved dividend policy, including the introduction of an interim payout, helping boost its share price.

The South Africa focused chrome miner said that based on improved earnings, its directors are recommending a final dividend for full year 2017 of 5 US cents per share, reflecting a material increase on the maiden distribution of 1 US cent declared a year earlier.

READ: Tharisa to report sharp increase in earnings on the back of improved chrome concentrate price

Furthermore, Tharisa added that its dividend policy for full year 2018 will be changed to provide for a payout of at least 15% of consolidated net profit after tax, an increase from the previous stated dividend policy of at least 10% of consolidated net profit after tax.

The company said it also intends to introduce the payment of an interim dividend.

Phoevos Pouroulis, the group’s chief executive said: "Tharisa has had yet another strong year operationally and, despite relatively flat PGM basket prices, has benefitted from improved prices for chrome concentrate.

“In view of delivering strong growth, it is Tharisa's stated strategy to not only maintain but also improve returns to shareholders and provide more regular returns during the course of the financial calendar."

Analysts noted that the proposed dividend is over twice the level expected - based on a previously communicated 10% payout policy – which they take as a sign of the strong cash flows that the group has generated over the last 6 months or so.

WATCH: Tharisa on the lookout for opportunities after excellent year of production

Tharisa said it is currently preparing its financial statements for the financial year ended 30 September 2017, with the results expected to be released on or about 30 November 2017.

In late morning trading, Tharisa shares were 5.8%, or 5.5p higher at 100.0p.

[boydduk] 23/11/2017 13:28

Can't be long now until the market rerates this stock

[novicetrade68] 23/11/2017 08:19

Nice and pleasant surprise today I think, $5c dividend coming plus a commitment to start paying an interim dividend as well.

[boydduk] 15/11/2017 12:43

And down we go. I think if they released an rns they they had started mining the moon successfully and at half the cost on earth, we would see downwards pressure on the share price.