Thalassa Share Discussion Threads

[kooba] 14/3/2025 18:32:09

Well here goes DS again..going to try to get control without making an offer..usual form...he is an activist by reputation and has a string of boardroom battles going back decades so presumably thinks he can now oust the board and take control. He will not sit back as a passive investor here now he has a big interest. His normal modus operandi ...unfortunately if he gets control it normally goes wrong.See his next move...but Local shopping REIT was a disaster after months and months of activism it was an absolute pile of overvalued rubbish that cost shareholders.

[hedgehog 100] 14/3/2025 18:04:09

"Company Announcements

Thalassa Holdings Acquires Major Stake in Newmark Security

TipRanks UK Auto-Generated Newsdesk
Mar 14, 2025, 03:17 PM

Story Highlights

Thalassa Holdings now owns 21.33% of Newmark Security.
This acquisition may impact Thalassa’s market position and stakeholders."




Thalassa Holdings (THAL) has today apparently acquired Sarah Reid's remaining 823,249 shares (8.78%) stake in NWT.

This has not yet been RNSed by NWT, so probably won't be now until Monday (17th. March).

And NWT's shareholder information page should also shortly be updated:-


"Shareholder Information

Newmark Security plc currently has 9,374,647 ordinary shares of 5 pence in issue.

Directors Shareholdings
Maurice Dwek – 19.8%
M Rapoport – 12.81%
Marie-Claire Dwek – 0.53%
Paul Campbell-White – 0.13%

Other significant shareholdings
Mrs S Reid – 10.96%
Thalassa Holdings Ltd – 9.92%
Mr & Mrs D Bitner and Son – 4.04%
Dr B Beßmann – 3.31%
Mr P Lobbenberg – 3.09%

The percentage of shares in issue that are not in public hands is 44.3%
The Company’s shares are not listed on any other exchanges or trading platforms
The Company is subject to the UK City Code on Takeovers and Mergers
No shares are held in treasury
There are no restrictions on transfer

Last update: 10 September 2024."




This change is huge, positive news for NWT.

THAL are now NWT's largest shareholder, with over 21%; and an 'individual' shareholder has been replaced by an increased institutional shareholder, making the shareholder register seem more 'dynamic'.

And THAL have plenty of funds and incentive to progressively add to their holdings even more, before the 30% threshold limit.

This should set a firm floor under the NWT share price, and if THAL do choose to buy even more, their buying pressure could move the NWT share price up sharply (currently still 69.5p, unchanged on the day).

[hedgehog 100] 14/3/2025 17:14:19

With regard to my investments in ARA, ROC, CODX, AND CRES that I mentioned this morning, in post 4476 above.

My views on them have been set out extensively prior to their recent successes, which can be clearly checked for anyone interested in the truth and facts, unlike Kooba.

For ARA and CODX, I actually started the only ADVFN threads on those; and for those as well as ROC and CRES, I have been the main poster:-

"Aura Renewable Acquisitions: Small Shell, Big Ambitions"


"Codex Acquisitions: Clean-Renewable Energy Shell"


"Rockpool Acquisitions (ROC)"


"Citius Resources"

[hedgehog 100] 14/3/2025 14:19:55

As regards Warren Buffett: you haven't got a f-----g clue, Kooba.

Buffett's greatest investment, GEICO, was made in the mid 1970s, when it's share price had crashed massively.

It went on to 100-bag.


"Here’s How Much Money Warren Buffett Has Made in GEICO

By Billy Duberstein – Dec 29, 2019 at 9:15AM

... However, out of all his top picks, Buffett's clear No. 1 investment is GEICO. "My favorite investment, one that embodies this philosophy, is GEICO, which I learned about when I was 20 years old," Buffett once told Forbes. ...

... In a stunning turn of events for such a competitively advantaged company, GEICO almost went bankrupt in 1976. ...

... With a belief in Byrne's abilities and GEICO's main competitive advantages still being intact, Buffett pounced on GEICO's distressed share price, buying $4.1 million in GEICO common shares and another $19.4 million in convertible preferred stock. ..."




"The Impact of GEICO on Benjamin Graham and Warren Buffett

Mark Hebner and Murray Coleman
Updated: Thursday, August 27, 2020
Originally Published: Friday June 14, 2013

... GEICO is no simple rags-to-riches tale. In the mid-1970's, the company ran into serious financial problems, the result of extremely rapid growth combined with new and onerous government regulations such as no-fault insurance requirements. The stock fell from a high of $61 per share in 1972 to a paltry $2 per share in 1976. GEICO appeared to be headed for certain bankruptcy.

Enter Buffett, a native Nebraskan who had earned the "Oracle of Omaha" nickname along Wall Street.

Due to his relationship with Graham, the esteemed entreprenuer was already on GEICO's board of directors -- although he was not then an investor. Presented with a distressed company that he thought was capable of a smart and well-managed turnaround effort, Buffett's Berkshire Hathaway (BRK-A) began buying shares at slightly more than $2.

This rebound story took hold sooner than most investors might've expected. In one year, a Buffett-backed GEICO returned to profitability.

But his commitment to such an investment plan wasn't fleeting. Through the years, Buffett steadily increased Berkshire's stake in GEICO, until he bought the remaining 49% of it in 1995 for $2.3 billion. Since GEICO is no longer a publicly traded company and operates as a subsidiary of Berkshire Hathaway, it is not possible to determine Buffett's exact gain. By some estimates, though, he's profited by more than $20 billion from his original investment in the company. ..."




You are a sad, dsyfunctional loser Kooba.

[hedgehog 100] 14/3/2025 14:01:28

Well, I try to be nice, & what do I get?

Boring b.s. from a boring b--ls-----r!

Those that can, do.

Those that can't, continually whinge like silly little babies.

This thick, obnoxious little parasite Kooba obviously doesn't have anything productive to add, which is why he continually projects his own huge inadequacies onto others.


But let me give him one great free investment lesson, though I doubt that he has the ability-intelligence to take use it.

Shares that have fallen a long way, over the long term, can often be the best investments.

A good recent example is Filtronic (FTC): a two-year ten-bagger from its 2023 low, to a current market cap. of C. £223M. at 102p.

On the sort of revenue and profit that looks achievable by NWT in the medium term:-

30/07/2024 06:00 RNS Regulatory News Filtronic PLC Final Results LSE:FTC Filtronic Plc

"AUDITED FULL YEAR RESULTS FOR THE YEAR ENDED 31 MAY 2024

Filtronic plc (AIM: FTC), the designer and manufacturer of products for the aerospace, defence, space and telecommunications infrastructure markets, announces its full year results for the 12 months ended 31 May 2024.

Financial Highlights

2024 2023

Revenue £25.4m £16.3m

Adjusted EBITDA* £4.9m £1.3m

Operating profit £3.6m £0.2m ..."




Like NWT, FTC floated on the London Stock Exchange in the 1990s; and after eight-bagging from 1997 to 2000, it subsequently declined by over 99%, before its current success: which shows how older companies can reinvent themselves by shrewd investment into R&D.

And like NWT, FTC has been boosted by its exposure to security, data, and communications.


Filtronic (FTC):-




Indeed NWT could potentially be 'the next Filtronic', which is probably why THAL is massively increasing its NWT holding.

[kooba] 14/3/2025 13:09:57

Surprised hedgehog you are not all over the 7% of Newmark that has gone through the market today at a discount...does that not look interesting?

[kooba] 14/3/2025 12:33:41

I note Newmark are down 90% over 25 years..i figure Mr Buffet would have dumped quite some time ago ..the shares reflecting the underlying performance of a family run business with effective control.You and DS are no Warren Buffets I assure you...Good luck punting in micro caps ..i sure you never get any bad ones!

[hedgehog 100] 14/3/2025 11:21:15

Well why not tell us what they are Kooba, if you have confidence in them?

And what's wrong with being obsessed with excellent investment performance? It has served Warren Buffett very well, and indeed myself.

E.g. on 6th. February this year I completed a two-month 'hat-trick' of overnight hundreds of per cent 'paper' gains for myself: ARA, ROC, and CODX.

And that was out of just a few shells that I had shareholdings in.

Another of them, CRES, is returning from suspension next Friday (21st. March) with the RTO (reverse takeover) of a globally significant rare earths project (Harena Resources).

I would also note that retail investors have it easy in comparison to institutions like THAL, because of share illiquidity.

When you are managing large amounts of money, you are far more constrained by what opportunities actually become available with a sufficient amount of shares available.

Maybe they won't all come off, and it is very easy to take cheap shots and sneer from the sidelines, but without explicitly saying how you could do any better.

[kooba] 13/3/2025 18:57:34

You have no idea what my investment ideas are but i do hold quite a few interests across various sectors...ones that go well i don't tend to post much on as I'm not really a puffer ..its the ones that have misled or mismanaged where i tend to vent. You seem to have one interest that you rave about ..Newmark...at least you and DS see some value and growth potential there if others don't so much and the performance is not inspiring..You do seem to be the only one that does post on the Newmark thread that seems the only reason you are here , because of Newmark...you seem somewhat obsessed.Good luck with your investment and do some research these very illiquid investments before pressing the button hey... this company is not a great idea for anyone as far as i can see ..it is totally controlled by DS with no accountability ...do you have a clue what DS is doing here...what's the strategy..if you are fan perhaps explain.

[hedgehog 100] 13/3/2025 16:51:39

O.K. Kooba,

You tell us what D.S. should be buying with the c. £2M. recently raised.

Because you seem to be very long on criticism, but short on actual good investment ideas.

[kooba] 13/3/2025 15:18:58

No one bought at 20p and sold at 300p...And to be honest I am more focused on what has happened in the past 5 years not over 10 years ago...but since you're there the company is valued significantly less than funds raised in secondaries...>n. The company is well down on its IPO price too and carries retained losses of over £6mAs to the NAV there has just been significant dilution per share through the connected party share subscription...or not or maybe or who the hell knows...and some of the private assets are questionable in value. Seems most of the listed holdings are down on investment ..including the one I pointed out that you tried to shut me down on...nearly 100% down in less than a year.Cry baby ...really how f'ing old are you! Pathetic.

[kooba] 13/3/2025 14:13:21

Newmark security another "investment" not doing well either down 27% over the past year and is unchanged over 5 years , not exactly a winner. If anyone held those longer term I guess they are nursing huge losses..came into this millennium over £6.There is no clear evidence of any value creation anywhere near this counter...

[kooba] 13/3/2025 14:02:20

You can't handle the truth.

[kooba] 13/3/2025 13:59:52

Oh no a thumbs down hedgehog..how brave.

[kooba] 13/3/2025 13:52:16

What the hell is one isolated company I happen to have a small interest in of any concern of yours?? I am not running other people's money or responsible for the performance of a company they hold an interest in...I have been pointing out that this company has been a disaster and all they do over years is shuffle assets between entities and make random investments with no coordinated strategy ..and that a company they announced they had invested in less than a year ago has fallen almost 100% ..I thought that relevant to the ongoing story of this company.The corporate governance ,connected party interests and transactions plus the performance here along with no discernible strategy are not really defendable ...but you seem to want to shine a light on the only successful outcome in a whole lot of failures. Perhaps ask folks who backed a placing well over £2 several years back whether they think that value has been added. They were about £3 in 2014.Look at the wider picture not isolated events.

[hedgehog 100] 13/3/2025 12:42:14

Kooba,

It's true that THAL's head Duncan Soukup has suffered some disappointments since markets crashed from the start of 2022 onwards, as have most investors (e.g. yourself with PXC), and has had some bad luck.

But prior to that the THAL share price was showing a healthy gain on its floatation price, and is now looking very undervalued, trading at a massive discount to its net asset value.

THAL's WPG investment was brilliant business:-

01/12/2017 07:01 UK Regulatory Thalassa Holdings Limited Agreement for Sale of the Assets of WGP Group Ltd LSE:THAL Thalassa Holdings Limited

"Thalassa Holdings Ltd (AIM: THAL) ("Thalassa" or the "Company") is delighted to announce that it has conditionally agreed to sell the business and assets of the WGP Group to Fairfield Industries Incorporated ("FFN") for a maximum cash consideration of $30,000,000 (the "Sale").

Gross initial proceeds from the sale of WGP will be $20,000,000 (approximately $19,750,000 net of transaction costs). A further $10,000,000 will become payable by FFN contingent on certain customer contracts being entered into within 5 years of completion. ...

In summary, the Sale:

-- provides the opportunity to monetise Thalassa's investment in WGP;

-- crystalises a 446% gain on average capital employed, equivalent to an average annual return of 50% or a CAGR of 20.8%; ..."

[kooba] 13/3/2025 12:32:45

Strategy of investing in businesses that fail seems to be holding up well.

[hedgehog 100] 13/3/2025 10:52:09

10/03/2025 15:15 EQS Regulatory News Thalassa Holdings Ltd: Trading Update LSE:THAL Thalassa Holdings Limited

"The Company announces that on 7 March 2025 it made a Schedule 13D filing with the American Securities and Exchange Commission in respect of its holding in Encision Inc, a U.S. corporation (ticker: ECIA), of 619,272 ordinary shares representing 5.21% of the issued share capital of Encision Inc."




Encision (USOTC:ECIA):-

[hedgehog 100] 13/3/2025 10:45:14

13/03/2025 07:00 RNS Regulatory News Newmark Security PLC Holding(s) in Company LSE:NWT Newmark Security Plc

"... Issuer Name
NEWMARK SECURITY PLC ...

Details of person subject to the notification obligation
Name
Thalassa Holdings Ltd. ...

Resulting situation on the date on which threshold was crossed or reached
11.520000 ..."




So THAL has now further increased their NWT holding to 11.52% (1,080,000 shares), crossing the 11% threshold: an increase of 120,000 shares to their previously stated position (960,000 shares, 10.24%) just last week.