Thalassa Share Discussion Threads

[kooba] 20/1/2016 12:05

What tosh exactly??

[bookbroker] 20/1/2016 12:02

With $20mln, don't talk such utter tosh, maybe buy GTC., help me out there too!

[kooba] 20/1/2016 11:45

Could be your approach?As a shareholder do you really want someone to seizure control on the cheap and Nick the assets at the bottom of a cycle?Personally think they should do what they are doing keep it tight even make acquisitions of distressed assets that are synergistic and ride it out ...in a relatively short space of time the industry will blow out and quite a few E&p cos and service companies will bite the dust.Survivors and Thalassa is in a strong position will reap the rewards down the line of increased business and margins when the dust settles.Think now is the time to be investing in distressed viable assets not dumping them.

[kooba] 20/1/2016 11:06

If one has questions for the company the management's direct emails are on the website...http://thalassaholdingsltd.com/contact.htmWould be surprised if you don't get a response.

[rbonnier] 20/1/2016 08:51

I think a sweet shop in Westminster would be a better idea than the oil and gas sector !

[bookbroker] 20/1/2016 08:47

Mr Simms is looking for a new owner, I suppose it is a blessing that Sickdog has a big stake here , that is if he is bothered about his holding, I hope his wife might have a say in the matter!

[hvs1] 20/1/2016 08:40

have they written down all those PMSL porta loos fitted on the back of ships now?

dont sound like there's much of a business here, kinda worrying to hear the word 'bleak' used in the TU.

so now they're looking to diversify into potential non o&g sectors, what are they gonna buy - a sweet shop in warminster, lol

[pj 1] 20/1/2016 08:35

And turn away the rent for Soukup Towers?

[bookbroker] 20/1/2016 07:48

They should hand back the cash, shareholders would be way better off, what is the point!

[rbonnier] 20/1/2016 07:43

Cash at the bank is £14.22 million current market cap 7.7 million. Results to exceed analysts expectations but after writedowns to show a loss .Writedowns reduced value of company by 41p a share looking out for acquisitions which could be paid for in paper could strengthen The balance sheet further.Now that the profits warning is out this could get interesting expect this to be going up on the warning now down.

[spob] 20/1/2016 07:39

35% writedown of book value

if the share price fell accordingly that would be 21.5p or £5.1m


but still loads of cash in excess of the market cap here

Cash £14.3m @1.41

Market cap £7.8m @33p

[rbonnier] 19/1/2016 11:48

Here come the big sells to send this spiraling sub 30p I wonder if they know something to be bailing well below par value.

[rbonnier] 18/1/2016 14:31

This Is one hell of a sick stock down again and heading for sub 30p this week .They need to return the cash whilst they've got it because their business is worth nothing and is being priced as a serious liability by the market as this will soon be trading at a whopping 50% discount to cash at the bank.