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THS Tharisa Plc

66.50
0.00 (0.00%)
Last Updated: 08:00:23
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tharisa Plc LSE:THS London Ordinary Share CY0103562118 ORD USD0.001 (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 66.50 3,000 08:00:23
Bid Price Offer Price High Price Low Price Open Price
66.00 67.00 66.50 66.20 66.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec USD 649.89M USD 82.24M USD 0.2743 3.43 199.36M
Last Trade Time Trade Type Trade Size Trade Price Currency
08:55:54 O 3,000 66.4999 GBX

Tharisa (THS) Latest News

Tharisa (THS) Discussions and Chat

Tharisa Forums and Chat

Date Time Title Posts
14/10/202407:47Tharisa - PGM Producer in South Africa1,911
25/5/200022:02GRowth Stocks Investors - May/June 2000.3
29/4/200005:56Tal. Hs. Can chart be posted, hic.3
14/12/199917:27Talisman House1

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Tharisa (THS) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
08:55:5466.503,0001,995.00O
2024-11-20 16:33:0267.0010,0006,700.00O
2024-11-20 15:53:4066.003,3132,186.58O
2024-11-20 14:47:5366.407,8225,193.81O
2024-11-20 13:58:2766.003,0001,980.00O

Tharisa (THS) Top Chat Posts

Top Posts
Posted at 21/11/2024 08:20 by Tharisa Daily Update
Tharisa Plc is listed in the Miscellaneous Metal Ores,nec sector of the London Stock Exchange with ticker THS. The last closing price for Tharisa was 66.50p.
Tharisa currently has 299,794,034 shares in issue. The market capitalisation of Tharisa is £281,806,392.
Tharisa has a price to earnings ratio (PE ratio) of 3.43.
This morning THS shares opened at 66.50p
Posted at 26/9/2024 16:46 by ianb5004
Very interesting post on lse by the Tharisa (THS) Pr guy. Very encouraging read suggesting PGM prices are about to take off.

Could be time to load up in PGM miners like THS.
Posted at 22/5/2024 09:51 by stemis
Posted on another chat board by Tharisa (presumably by Ilja Graulich, Head of Investor Relations and Communications):-

Peel Hunt comment on trading statement

News: Tharisa has released the usual JSE-mandated trading update ahead of the interim FY24 results. This update highlights an expected EPS range of USc12.5-13.5, well ahead of our USc11 estimate. While the PGM market has remained subdued, the chrome concentrate market has stayed strong. The comment that adjusted (or headline) EPS and basic EPS are in the same range indicates to us that the upcoming results will be 'clean'.

Peel Hunt view: While the YoY comparisons are not favourable, this comes as no surprise given the prevailing PGM basket prices and we would use any weakness in the Tharisa share price to add to positions
Posted at 21/5/2024 16:35 by martinus67
Tharisa PLC (LSE:THS, JSE:THA, OTC:TIHRF), the platinum and chrome miner, said headline earnings per share (HEPS) for the six months ended March 31 are expected to be between 12.5 cents and 13.5 cents per share with a tolerance of 10%. This is a decrease of 23.3% to 29.0% relative to the HEPS of 17.6 cents per share for the comparable period last year.Basic earnings per share are expected to be between 12.5 cents and 3.5 cents per share with a tolerance of 10%, a decrease of between 22.4% to 28.2% relative to the EPS of 17.4 cents a year earlier.Earnings have been impacted by the nearly 40% drop in PGM prices received and increased cost pressures, according to Tharisa's statement.https://www.proactiveinvestors.co.uk/companies/news/1048094/tharisa-earnings-hit-by-weak-platinum-prices-and-higher-costs-1048094.html
Posted at 21/5/2024 12:43 by stemis
SteMiS 6 Mar '24 - 15:32 - 1874 of 1895 Edit

It will be interesting to see the interims. Based on production and average basket prices in Q1 and Q2, turnover should be marginally ahead of the comparable period last year, with stronger chrome prices offsetting weaker PGM. Obviously I don't know about costs, however in comparable H1 last year company did EPS of 14p and generated (pre capex & dividends) $96m of cashflow, after a positive $23m movement in working capital.

At current share price that's an annualised P/E of 1.7

Looks like an EPS of 9.8p - 10.6p for the 6 months. Obviously I'd have preferred 14p but neverthless, despite a 50% rise in the share price since my post, it's still on a P/E of 3.5 - 3.8 with net cash of 18.5p/share.
Posted at 06/3/2024 15:10 by nigelpm
Influential Twitter poster back in :

#THS I have bought back some. A 48p share price is just too low giving it a market cap of £144m and last reported net cash of $109m. Chrome prices are still really high c$290/t, shorts seem to be closing on Palladium and Platinum/Rhodium are due a move up. May not do much in the short term but I just can't sit outside at this price
Posted at 06/3/2024 10:34 by stemis
Directors usually have a longer time frame than most PI's, who just want to see the share price go up in the short term, take a profit and move on, even if it means liquidating the company. They are also closer to the market than most of us. I don't imagine the board of THS took the decision lightly to invest large amount of cash (42% of which would accrue to them) in Karo. If Karo is worthless, as the share price suggests, then a great chunk of the PGM mining industry is worthless and I find that hard to believe. But in the end we will see...
Posted at 07/2/2024 15:43 by stemis
A bit more for those who don't follow LSE:-

Because THS own the majority of Karo Holdings (KH), it doesn't much matter what valuation they place on the shares.

Suppose KH was valued at $325m pre fund raise. THS owns 70% so it's stake is worth £227.5m. THS injects £65m for another 5% so KH is now worth $390m. THS now owns 75% so it's stake is worth $292.5m (amazingly $65m more; the amount it injected).

However let's suppose KH was only worth $125m pre fund raise. THS owns 70% so it's stake is worth £87.5m. THS injects £65m for 5% so KH is now worth $190m. THS now owns 75% so it's stake is worth $142.5m ($55m more; but only $10m less than it injected).
Posted at 06/2/2024 09:19 by loganair
A share price falls due to being in a disliked sector. When the share price reaches near its bottom because of this the small private retail investor sells due to fear.

A share price rises due to being in the fashionable sector and when the share price is near its 52 week high, the small private retail investor piles in due to FOMO.

At the moment the price of oil and PGM's are where they are shows the world is currently in recession therefore its the time when to start picking up stocks in these areas as in the next couple of years when the world comes out of recession the prices of these commodities will start to rise again.
Posted at 04/2/2024 11:01 by loganair
The upcoming earnings season for miners such as Implats and Amplats is likely to hold a few nasty surprises — but longer term, some analysts are still bullish:

Earnings from platinum miners in February will tell the story of last year’s wipeout in share prices. According to RMB Morgan Stanley, earnings before interest, tax, depreciation and amortisation (ebitda) for the largest players, including Anglo American Platinum (Amplats) and Impala Platinum (Implats), will be 50%-100% lower. Dividends will be cut to “minimal levels” and capital expenditure will be slashed, it said.

The year 2023 was not a good time to be a platinum group metals (PGM) miner. Amplats, Implats and Sibanye-Stillwater shed between 64% and 36% in value as prices for palladium and rhodium cratered. After a hopeful ripple in the palladium price during the first two weeks of January — likely driven by traders covering short positions — another price correction followed. Share prices so far this year have been a continuation of last year’s form, slipping by between 12% and 14%...


The rest of the article is behind a pay wall....
Posted at 22/12/2023 10:30 by tigerbythetail
Platinum price also improving - $980 now, well off the lows of $830 or so. This is more or less the top of the recent channel, so it will be interesting to see if it can break-out over $1,000. Let's hope so.
Rhodium and iridium, which together are highly significant for Tharisa's overall basket price, both stable.
In short, things are looking up for PGMs. THS share price hasn't really moved to reflect this yet.
Tharisa share price data is direct from the London Stock Exchange

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