||ORD SHS USD0.01 (DI)
||EPS - Basic
||Market Cap (m)
|Oil Equipment Services & Distribution
Thalassa (DI) Share Discussion Threads
Showing 3601 to 3622 of 3625 messages
|Possible reason for the rise today...hTTp://energyfuse.org/shale-deepwater-lead-oil-industry-spending/|
|Good timing by the looks of it GR|
|I bought back in this morning having bought at 50p a few years ago. It served me very well last time selling between 200 & 300p. Looks too cheap here and I didn't have funds last time it was hot. Took me a while to get a fill at 55p & 56p so stock was tight early on.|
|Idiots selling...... I mean, why would you at this juncture ?? Clueless, some folk. I may be tempted to topslice a few at 90p, but 58 ??|
|The market must be very tight, since there are only fairly small scale buys going through.|
|Even at £1 this would be mega cheap. £20m mkt cap still nowhere near fair value.|
|Trading update due?|
|Glasshalfull, excellent summary.
Is there not another business (dormant) that has some future tech that can also be added to the sum of parts?|
|...or perhaps the rise in the THAL share price is due to investors waking up to the fact that sum of the parts is probably worth circa. £1 coupled with oil services stocks beginning to find favour???
If I may,
Current market market Cap = £10.9m
* WGP valuation = Operating Profit (EBITDA) of US$3.7m in 2015 x 5 multiple = $18.5m or £15m
* LSR holding = 19,093,376 LSR shares @ 27.5p (current bid price) = £5.25m
* PML holding = 40,000,000 PML shares @ 0.95p (current bid) = £380k
* Net Cash = Per WH Ireland estimates for yr ended 31.12.2016 following LSR investment = $3.6m or £2.9m
Sum of the parts total = £23.53m
With 22m shares in issue you are looking at a ballpark valuation of £1.07p before applying any discounts or perhaps factoring in a higher valuation for WGP?
So essentially I believe it's a doubler from here.
harry the haddock
|or silver triangle ?|
|The oil price continues to recover nicely. Presumably THAL is responding.|
|Good recovery play for 2017.|
|Are we expecting another update either before year end or in January once the board have a clearer idea of wgp costs.|
|Going back to 40p as sure as day follows night .|
|Re Rivaldo's post 3562 and ambiguity in company statements.
I am pretty sure that the 2.3m of data sales referred to in today's statements is in 2016, not 2017. The company has already stated that total WGP revenue for 2016 will be 13.9m, i.e. 11.6m of survey business and 2.3m of data sales.
So, they are forecasting turnover of $15m from their normal survey activities in 2017, up from $11.6m. They cannot possibly know yet whether they will have any late data sales in 2017.|
|Not quite sure why 3 RNS's required when 1 would have done though?
Maybe using their allocation before YE :-)|
|Great update !|
|How can this be down on that news?|