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Tharisa plc


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#1 Bullhunter

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Posted 07 September 2017 - 02:29 PM

A forward PE of 3.

 

If management improves the current  dividend policy of distributing only 10% of  net profit after tax, fair value, based on HEPS  vs an equity risk premium of 50% above the prime rate, fair value is R42.92

 

A single trade of 800 000 shares at R15.00 went through this morning.  That's typical of institutional backing.

 

“The fundamentals of the global stainless steel market remain sound with continued growth forecast in 2017, further supporting strong demand for chrome units in the form of ferrochrome and chrome ores,”  said Tharisa CEO, Phoevos Pouroulis in July 2017.

 120 000 shares traded at R18.00  between 13h34 and 13h41 today-a 20% gain in 6 trading days.  


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#2 Bullhunter

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Posted 01 September 2017 - 05:14 PM

Tharisa on the move.


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#3 Bullhunter

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Posted 30 August 2017 - 02:06 PM

A forward PE of 3.

 

If management improves the current  dividend policy of distributing only 10% of  net profit after tax, fair value, based on HEPS  vs an equity risk premium of 50% above the prime rate, fair value is R42.92

 

A single trade of 800 000 shares at R15.00 went through this morning.  That's typical of institutional backing.

 

“The fundamentals of the global stainless steel market remain sound with continued growth forecast in 2017, further supporting strong demand for chrome units in the form of ferrochrome and chrome ores,”  said Tharisa CEO, Phoevos Pouroulis in July 2017.


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#4 SoleTrader

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Posted 06 July 2017 - 06:06 PM

Doubled my position today. Directors are buying and the price ticking up on the LSE, trading at 1440c equivalent.
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#5 SoleTrader

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Posted 18 May 2017 - 07:38 PM

This stock is totally undervalued. If the interims is anything to go by, HEPS could be in the region of 300 cents for the full year. At a PE of 6 I sold my Jubilee and invested R80k into Tharisa
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