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THAL Thalassa Holdings Limited

24.50
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Thalassa Holdings Limited LSE:THAL London Ordinary Share VGG878801114 ORD SHS USD0.01 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 24.50 23.00 26.00 24.50 24.50 24.50 5,000 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil & Gas Field Services,nec 296k -1.45M -0.1825 -1.34 1.95M
Thalassa Holdings Limited is listed in the Oil & Gas Field Services sector of the London Stock Exchange with ticker THAL. The last closing price for Thalassa was 24.50p. Over the last year, Thalassa shares have traded in a share price range of 23.00p to 31.50p.

Thalassa currently has 7,945,838 shares in issue. The market capitalisation of Thalassa is £1.95 million. Thalassa has a price to earnings ratio (PE ratio) of -1.34.

Thalassa Share Discussion Threads

Showing 3601 to 3625 of 4475 messages
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DateSubjectAuthorDiscuss
16/1/2017
17:44
Trading update due?
jmf69
04/1/2017
19:32
Flying nodes
jmf69
04/1/2017
19:24
Glasshalfull, excellent summary.

Is there not another business (dormant) that has some future tech that can also be added to the sum of parts?

rcturner2
04/1/2017
18:48
...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.

Kind regards,
GHF

glasshalfull
04/1/2017
16:53
Wobbly bottom?
harry the haddock
04/1/2017
16:36
or silver triangle ?
gfrae
04/1/2017
15:42
Golden cross??
jmf69
04/1/2017
11:42
The oil price continues to recover nicely. Presumably THAL is responding.
rivaldo
03/1/2017
14:16
Good recovery play for 2017.
someuwin
17/12/2016
10:49
Are we expecting another update either before year end or in January once the board have a clearer idea of wgp costs.
jmf69
16/12/2016
09:38
Going back to 40p as sure as day follows night .
catswhiskas
16/12/2016
09:34
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.

kannerwas
16/12/2016
09:19
Not quite sure why 3 RNS's required when 1 would have done though?

Maybe using their allocation before YE :-)

cockerhoop
16/12/2016
09:13
Great update !
masurenguy
16/12/2016
08:39
How can this be down on that news?
jmf69
16/12/2016
08:30
CatsWhiskas filtered. Clueless.
columbarius
16/12/2016
08:06
Looking good. Any new contracts will add to the revenue guidance. Happy to hold
jmf69
16/12/2016
07:59
Cats, did you actually read the rns? The revenue stated is already contracted for 2017 so anything else they can win on top is a bonus. They have a 40% increase ALREADY CONTRACTED.
rcturner2
16/12/2016
07:51
Recovery in the oil price won't filter through to capex until 2018 at the earliest 2017 will still be hard work for companies like Thalassa .
catswhiskas
16/12/2016
07:44
Excellent news, a very strong play on the recovery in the oil services sector.
rcturner2
16/12/2016
07:39
Just to add that WH Ireland's most recent forecast for 2017 revenues is $12.5m, so the $17.3m per today's RNS is some 40% above forecasts.
rivaldo
16/12/2016
07:35
Makes up for the 20% hit on the lsr shares soukup overpaid for with shareholders money ! When everything is taken into consideration this isn't as undervalued as some would have you believe .
catswhiskas
16/12/2016
07:26
Excellent!

Happy to hold here and will be adding.

philjeans
16/12/2016
07:21
This sounds like very good news....and it's "currently contracted", so presumably any future wins will simply add to the increase:



"2017 Revenue outlook for WGP Group Ltd

The Board of Thalassa announces that it estimates 2017 operational revenues (currently contracted) will increase by approximately 29% to circa US$15 million compared to estimated 2016 operational revenues of $11.6 million, before taking into account $2.3 million in data sales."

rivaldo
15/12/2016
17:41
Maybe find out tomorrow morning
jmf69
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