Thalassa Share Discussion Threads

[kooba] 02/6/2017 15:59

Well their Papua interest although relatively small is having a good move up as they drift....Need some news of subsidiary disposal or some decent contracts ..all gone a little quiet.

[greenroom78] 02/6/2017 14:57

The price appears to have been drifting since I made the 'pants off' comment. Just in case if it is related I'd like the market to know the pants are firmly back on!

[kooba] 25/5/2017 11:09

Our holding in Papua looking more spritely!

[jmf69] 17/5/2017 20:09

Still waiting for news on the disposal... yeh or neh

[kooba] 17/5/2017 18:19

Good to know!! Thanks for sharing !

[kooba] 17/5/2017 18:14

Good to know!!

[greenroom78] 17/5/2017 18:02

Lol! Who wants to live by a label?

I'm not a nudist but I still like to take my pants off in public.

[kooba] 17/5/2017 17:39

Good volume ...eerrm no chartist but is that a breakout I see before me??

[pugugly] 17/5/2017 16:06

Church House link - They seem to have been beating themarket for the last 2 years but 5 year record is diabolical (imo) So lets hope they are making better judgement calls with THAL. Much will of course depend at what price they started accumulatiog.

[jmf69] 17/5/2017 14:06

Something definitely happening

[frazboy] 17/5/2017 14:01

Quite well judging by the share price movement today.

Or Church Group have upped their buying price

[jmf69] 11/5/2017 13:30

Wonder how the disposal talks are going?

[rivaldo] 11/5/2017 12:59

LSR's share price now up to 33.5p....THAL may yet end up doing OK out of it.

Did anyone attend the AGM?

[jmf69] 10/5/2017 20:17

Agm tomorrow

[kooba] 02/5/2017 15:18

Update from LSR gone down reasonably well...almost got to £ breakeven!

[cockerhoop] 27/4/2017 07:59

Jeroen Bos the fund manager at Church House has written a book 'Deep Value Investing' which is worth the cover price imo. Talks through about 15 examples of Church House investments.

[jmf69] 27/4/2017 07:52

Waiting for news on the possible disposal.

[frazboy] 27/4/2017 07:31

A couple of block trades were recorded last night, about 100k shares IIRC. Perhaps Church house adding.

[jmf69] 22/4/2017 21:41

A small cap fund that looks for unloved companies priced at a discount to their liquid assets. Largely UK weighted, the fund has a bias to the service sectors.The objective is long-term capital growth; income distributions (if any) are likely to be low.The Deep Value investments Fund invests in companies that are trading at a discount to their net asset value (nav).This particular investment approach is based on the philosophy created by Benjamin Graham, the dean of value investing. His most famous book the "The Intelligent Investor" is the basis on which The Deep Value Investments Fund approaches potential investments.Companies that the fund invests in have strong balance sheets, creating a margin of safety, but tend to suffer from low (temporarily) profitability due to issues relating to e.g. specific business issues, legal, technological and or industry cyclicality.Due to these factors these solid but cheap companies can be bought at attractive prices and with the benefit of time should be expected to return to previous levels of profitability and hence higher share prices. Buying companies at these low valuations will also often make them potential takeover targets.

[frazboy] 21/4/2017 15:42

Makes sense, it wasn't the BB programme, it was they who were accumulating the chunks.

[cockerhoop] 21/4/2017 15:37

Deep value investors!

[jmf69] 21/4/2017 15:28

Church house investments has over 3% now

[kooba] 20/4/2017 15:31

Not really a chartist....but are these threatening to have a major breakout??

[kooba] 20/4/2017 11:33

Malcys blogThalassa HoldingsAfter yesterday's announcement I picked up the phone this morning to Duncan Soukup to try and catch up on what exactly is going on. Always a refreshingly honest and intelligent view on the oil market is forthcoming and today was no exception. There are discussions ongoing about a potential sale of either WGP Group or ARL although I get the feeling that DS wouldnt shed a tear if nothing were to come of it. The company has a terrific record at the moment with activity in most key areas of the North Sea which gives predictable cash flow and of course ARL has potential across a much broader bunch of sectors than just oil and gas. Always an interesting ride, whatever happens to THAL you know that it is in good hands

[kooba] 20/4/2017 10:36

Hoping it's an offer that 'can't be refused' and if to a bigger company quite possibly easier for them to fund the rather exciting robotics development...it did say all or part of one or two of the subsids so we will have to see.Rather hoping they both go for good money ...certainly rather not be left with robotics as the only operation! Though it's in the valuation for nothing and is on life support capex wise currently so no liability.