Thalassa Share Discussion Threads

[frazboy] 12/4/2017 07:17

"Net cash outflow from investing activities, amounted to $16.0m relating to the investment in plant and equipment, the purchase of available for sale investments and investments in associates."

Anyone else think that requires a little more explanation?

[bookbroker] 12/4/2017 07:15

It's not reacting badly, it's reacting on the facts, the company will need to hive the ARL part, and try and realise some value by developing the business, DS has spent money by trying to increase value for the holding company, and as yet he is stuck! The LSR punt was just pointless, and until he can alter the mindset of the manangement there it will remain so, they are clearly running that REIT in an inept manner, need to dispose of the assets sharpish and return any value to the holders in the company!

[jmf69] 12/4/2017 07:10

On the plus side at least the buyback can continue at a lower price

[jmf69] 12/4/2017 07:09

Market reacting badly by the looks of it. Results seem ok to me but what do I know

[kooba] 12/4/2017 07:01

Well on surface should be positive.Want to look at robotics side more as it looks like they are going to try to finance as a separate entity which could crystallise further value as it's probably valued at nothing as things stand.

[pj 1] 12/4/2017 06:57

Any bets on how the Market will react to that lot?

[kooba] 12/4/2017 06:31

Book value over £1 can certainly justify paying up on share repurchase...highly asset enhancing anywhere down here.

[kooba] 12/4/2017 06:25

The thing is DS has made over £1m for company this year 'hedging' ...that is trading ....and over £4m in the 8 years since float...so loose cannon or not his focus is to create value here for shareholders...after all he is a large personal holder.If there is no game plan behind Papua ...which is still valued in line with purchase I would be surprised...on that basis I bought some Papua when they went sub 1p as I don't mind following in.But it is far from focus of valuation...LSR could be viewed as miscalculated but I believe the company will come away with a good return far above sitting on cash.Got to love the statement on the debt binge...wholly agree.

[rcturner2] 12/4/2017 06:17

bookbroker is someone I assume lost money here in the past and is bitter about it

a good read as always, NAV is well backed by real assets and the underlying business is performing well

[kooba] 12/4/2017 06:14

Focusing on the positives there?Nav 101p up from 79p All looks strong on underlying performance and an upbeat statement.LSR are moving ahead ..check the bb re recent auction yields.But let's go back to the £400k in Papua ...

[bookbroker] 12/4/2017 06:02

That mine investment needs an explanation, said he'd been following the progress of it for a number of years, what I see is a few guys fdrilling a few holes, not a lot to observe, really a waste of money, next time he should use his own cash, should repay it, loose cannon springs to mind!

[rbonnier] 11/4/2017 22:14

Exactly bookbroker and I don't see many new contracts coming through Ds over paid for local shop and squandered a load of shareholders cash on a mine in the middle of no where which has recently seen its share price crash by 50%.

[bookbroker] 11/4/2017 21:23

I wouldn't get too excited, likely to be pretty dull, a statement by DS putting the world to rights, and some pretty well-flagged figures!

[jmf69] 11/4/2017 20:55

In theory it could be Thursday morning but my money is on tomorrow morning

[gfrae] 11/4/2017 19:38

Which morning ?

[kooba] 11/4/2017 16:30

We will see in the morning ! Fingers crossed there's some good reading...but with DS always chance of a curve ball.

[lauders] 11/4/2017 09:59

Famous last words but "Looks encouraging" ;-)

[kooba] 11/4/2017 08:22

To be fair there was some presumption it was today...the company has only said this week...so we shouldn't read anything into it.agree though always good to see some interest before rns ...so last few days trading certainly indicates all well on top of the upbeat trading updates!Would be good if there was some positives on current trading with some new orders or interest...should be icing...'The Board confirms that the full year results to 31 December 2016 will be released during week commencing 10 April 2017.'

[lauders] 11/4/2017 07:12

If the price continues to tick up each day as it has at the end of the last two days, then all should be well. Just a shame THAL can't update its shareholders on arranged results dates like other decent companies who have such shareholder minded websites.

[jmf69] 11/4/2017 06:52

Just hope they're holding off because they are finalising new business and not because they're hoping to sweep something under the carpet.

[jmf69] 11/4/2017 06:46

Has to be tomorrow otherwise not keen on results before a weekend especially a long weekend

[kooba] 11/4/2017 06:32

Was all set ...for an entertaining read too!

[jmf69] 11/4/2017 06:28

Still no results