Thalassa Share Discussion Threads

[pj 1] 13/10/2014 07:57

Looks like the Markets pricing something else in here, more than we suspect?

Just IMO

[bookbroker] 13/10/2014 07:47

Personally I think you will see a settling down of relations between the Ukraine and Russia sooner rather than later, I'm sure there is more dialogue going on between the Nato block and Russia, how long it takes for sanctions to be lifted is anyone's guess, however there will be much face-saving behind the scenes, how this affects this co I don't know but Soukoup really needs to step down, and the board strengthened, it's hopeless as it is, there needs to be more transparency and Henderson as a big holder needs to exert its influence, where is all the shareholder activism in this country, this would not be accepted in the US!

[pinkcopernicus] 10/10/2014 18:16

Next stop 70p, then taken over at a silly price. Don't underestimate the effect of the circa $4m write down, now it is just a possibility, which will very likely become a certainty.
AIM at its best. Disgusting...

[bookbroker] 10/10/2014 16:59

Co. still need to monitor reserves of oil, still it looks like the gap to 70p has to be filled at some point, another trading statement will be the catalyst, then a bounce back up! does this co. not have any assets, if it does then it will taken over at a higher level than now!

[stemis] 10/10/2014 14:15

Good old Thompson. Buy high, sell low. Classic PI!

[rcturner2] 10/10/2014 12:05

We knew that already lol. The article was posted online earlier in the week.

[peawacks] 10/10/2014 12:01

Investors Chronicle's Simon Thompson has bailed out.

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[bookbroker] 09/10/2014 21:22

Bit fishy this New Fortress, based in BVI where Thal was registered!

[pj 1] 09/10/2014 21:07

and Profit is no good unless the cash comes in, maybe more important?

[stemis] 09/10/2014 20:50

Who'd have thought it, eh? Profit depends on getting sales which depend on converting enquiries into orders. Whatever next.........

[rcturner2] 09/10/2014 10:13

New Fortress have picked up another 350k shares.

[bookbroker] 08/10/2014 21:13

Fortress will sart applying pressure for change at top, they want the cash and assets cheap!

[pj 1] 08/10/2014 20:25

WOW
Even R Bonnier is giving some justification to his short now? Luck? Inside? Deramp. Who knows?

I still suspect your short (if it exists) will be closed well above 30p

Be careful

[rbonnier] 08/10/2014 20:17

30p after the possible profit warning is the point at which I will close my short locking in a profit of £2 per share .
I will consider buying at around 20p but would be very cautious this doesn't end up the same way as many AIM pieces of garbage in the dustbin outside the administrators office !!
Other stocks in this sector have also failed miserably RSI comes to mind as another bust example .

[pj 1] 08/10/2014 19:38

How much of the pipeline in Russian dependent ?

[apatel21] 08/10/2014 12:19

They said in the interims:

"Final outcome for the year therefore heavily dependent on pipeline conversion, the scale of data sales and any SMG deployment"

My gut instinct would be that there will be a profit warning as pipeline does not convert as optimistically as hoped.

These are already good value but I think there is a good chance they could become great value IMO once PW issued.

[stemis] 08/10/2014 08:22

Share price has fallen 40p wiping £10m off market cap.

Cost of property = £1.2m

[pj 1] 08/10/2014 07:50

I'm no expert in Oil but is it not true that once the $oil falls below a certain price then the major producers turn the taps off. therefore making increasing demand in relation to supply, which in time drives the price back up?

[rcturner2] 08/10/2014 07:40

Pug, a valid point and many are worried about the effects of the price of oil. However a low oil price tends to be a good economic driver for the world economy and demand will pick up as a result of that. Also I believe that far too many countries rely on a higher oil price (OPEC and Russia) and they are likely to manipulate supply to increase the price (they have done this in the past).

[pugugly] 08/10/2014 07:33

To all - In particular hiddendepths (if still watching this board) HD - Do you feel the analysis below may have some truth ?

SP is falling too far (imo) to be just a result of a lack of corporate communication and trust/property worries. Starting to me to look as though some investors are pulling out as a result of structural canges in the supply and price of crude.

The supply of crude is rising fast - mainly due to shale fracking in the US. World demand is static at best or falling so price is falling. Some predicting possibly as low as $80





Possible conclusion:- Big oil may well cut back on exploration so fewer contracts put out to tender and ALSO potentially significant price cutting by suppliers to keep in business.

[hiddendepths] 07/10/2014 15:29

As a seasoned investor and long-time oil analyst, I've been quietly watching this stock for a while because I liked the look of the business and thought the rating was undemanding.

However, the combination of the discretionary trust, the new office and the belated warning about the effect of the Russian sanctions leaves a very unpleasant smell. I have decided that I do not trust Mr. Soukup and never will. This stock is leaving my watchlist never to return.

Good luck to all holders. I have a sneaking feeling you'll need it!

[rcturner2] 07/10/2014 15:21

I tend to take the view that there is a sound business underneath it all. The Russian issue, the trust and the property deal have all knocked the share, no doubt about that. However the non-Russian business is still good, and the other two I do not consider to be material. Small caps go through ups and downs, it always seems like a company is about to go bust when the share price falls like this, but I tend to go with the old adage about the stock market being a voting machine in the short term and a weighing machine in the long term.

[pj 1] 07/10/2014 15:13

Not for me at the mo. I'll wait and see what the II's do.

If any decide to dump it will supress the share price for months I suspect. More information required from THAL. They will have to at some point!