Tharisa Share Discussion Threads

[mfhmfh] 21/8/2018 21:20

Peel Hunt today reiterates buy rating with a 220p target price.

[fernagx] 16/7/2018 10:42

I'm really pleased with the 90% purchase of Salene Chrome. Whilst I appreciate this carries risk penetrating the Zimbabwe market, Tharisa would have done their research and due diligence. It's a fact that Zimbabwe contains the highest concentration of platinum based metals. So it is a natural synergy for Tharisa.

For me, the fact that THS paid an interim dividend of 18% of group net profit after tax shows how confident management are in the business fundamentals and shows that they appreciate the shareholders. Its only a matter of time before this share price heads towards 200p

[mfhmfh] 29/5/2018 14:54

huge volume today

[mfhmfh] 16/5/2018 11:05

Peel Hunt today again reiterates buy rating and keeps 230p target price.

[mfhmfh] 08/5/2018 11:47

Peel Hunt today reiterates buy rating and 230p target price.

[mfhmfh] 05/5/2018 12:24

'basic earnings per share (EPS) and headline earnings per share (HEPS) for the half year ended 31 March 2018 are expected to be between US$ 9 cents per share and US$ 11 cents per share'

Peel Hunt had forecast adjusted pre-tax profits of $99.8m and EPS of 23.5¢ for the year to September 2018 (from $95.5m and 22.8¢ in FY2017)

If EPS can approach US$ 11 cents per share on half year results then should be able to match last year's EPS and possibly hit Peel Hunt's EPS target of 23.5c for FY 2018.

Peel Hunt have a target price of 230p.

Hopefully EPS can accelerate in the 2nd half of the year:

"The benefits of the owner mining model and the central focus on improving recoveries are expected to reflect in the second half," said Tharisa CEO Phoevos Pouroulis.

All IMHO.

[mfhmfh] 05/5/2018 12:14

Quarter ended 31 Dec 2016: PGM price $740/oz, chrome concentrate price $250/t

Quarter ended 31 Dec 2017: PGM price $865/oz, chrome concentrate price $179/t


Half year ended 31 Mar 2017: PGM price $760/oz, chrome concentrate price $278/t

Half year ended 31 Mar 2018: PGM price $909/oz, chrome concentrate price $193/t


For the 1st quarter ended 31.12.17 PGM prices were higher but chrome concentrate prices were lower compared to the same quarter last year.

For the half year ended 31.03.18 PGM prices were higher but chrome concentrate prices were again lower compared to the same quarter last year.

Interestingly 2nd quarter 2018 chrome concentrate prices were $206/t compared to $193/t half year 2018 prices suggesting increased chrome concentrate prices in the 2nd quarter.

All IMHO.

[pimsim] 04/5/2018 16:11

H1 EPS of 9c = $23.5m = £17.5m. Maintained for the full year is around £35m. I make that a forward PE of 8 which still looks pretty good.

[novicetrade68] 04/5/2018 15:56

So an EBITDA of £12m or so on a £280mcap, no dividend either I guess.

[novicetrade68] 12/4/2018 22:46

Does anyone know a link where the ferrochrome contracts can be found for the coming months for China, all I could see was the April contract still above $200.

[mfhmfh] 10/4/2018 10:43

great Q2 update today. outlook seems positive. All IMHO. GLA.

[goldry] 19/2/2018 11:15

Ignore that last post - hit the account today.

[goldry] 18/2/2018 12:17

Anyone else still waiting for the divi? Does it take longer to post to a UK account, I think all my other divi's have been for UK based companies.

[barry276] 15/2/2018 14:55

Now that Zuma has zoomed off into the sunset hopefully this will be positive for the SA mining industry.

[sirsege12] 30/1/2018 20:33

As at today, Rhodium is at a 5-year high of $1600........

[paleje] 30/1/2018 15:20

Analyst roadshow today and tomorrow, xd the day after.

[sirsege12] 20/1/2018 03:31

It is also good to note that the price of Ruthenium, one of Tharisa's PGM basket has tripled in the last 5months, from around 65 to 195 USD.

[barry276] 17/1/2018 00:22

New THS investor here love income plus growth stocks but best of all THS is totally Jeremy Marxist Corbyn proof very comfortable buying at these Levels.

[naughtynicky72] 15/1/2018 18:09

Nice Move up ! About Time Tharisa Started Making A Move , Good Luck All You Longs .

[goldry] 15/1/2018 17:01

Well that was a good start to the week. Managed to time that right for a change.

[novicetrade68] 15/1/2018 15:11

Just looked it up, not only a tip and a few sentences, but it was actually a whole article in the DM about Tharisa.

[novicetrade68] 15/1/2018 08:38

Well, it's certainly on fire this morning ;-)

[nelson01] 15/1/2018 03:21

Tipped in the mail on Sunday