Thalassa Share Discussion Threads

[ntv] 17/7/2018 07:36

buyback price is slowly creeping up

[cockerhoop] 12/7/2018 08:55

Bearing in mind loads of value has been outed on the Aim market since DS paid over the odds for his stake in LSR I'd take his analysis of 'every company on Aim' with a pinch of salt.

I suppose the elephant in the room is how much of the cash will be invested in ARL (or mitigated with additional external investment)?

[ntv] 12/7/2018 07:09

when lsr returns some cash this could end being a very large cash shell
interesting that he has looked at all the companies on the aim and sees no value
my guess is even if he did i hardly think he would put it in print
mind you even if there is value a bid would have to come at a premium so hence some of the value is lost

[ntv] 12/7/2018 07:05

they paid 89p for the latest buyback

[ntv] 11/7/2018 13:13

thats a bit annoying as i sold a few this morning almost giving up for any news
luckily i added to my holding in PNS so just about makes up for it

[alter ego] 11/7/2018 12:05

....following an award of a data acquisition contract to WGP, THAL will be due, upon execution of contracts relating to the award, an initial $6m (of the potential $10m) earn out.

rns just out

[ntv] 22/6/2018 08:36

to be fair i struggled a bit to get my head around what is included and what seems to be pending value
but pending is not value til the cash comes in. At least the cash is not being squandered so that is one good thing but LSR was is not a good investment
if he wanted property he should have bought into panther when south of 3.30 but then that is only my view lol

[horndean eagle] 22/6/2018 08:21

Looks like they were fiddling around with results as they were not sure how to book WGP deferred and value of ARL. Both seem to be excluded from book value so NAV could be a fair bit higher in due course.

[ntv] 22/6/2018 08:08

well the figures are out
nothing too grim
new invention more likely to be used in defence by the sound but still has a lot of teething problems. looks like is burning cash at a decent rate
plenty of cash in balance sheet
and likely to get a whole lot more when LSR finally pays out
wait see game to look at the end 2019 results

[ntv] 21/6/2018 10:37

gfrae
i did think that as well
as been keeping an eye on it
trades at around 33p seem to suggest as possibility because expected value is only 36p
not much of a discount considering it is still a long way til winding up time
just hope he has got his maths right because the initial purchase looked like poor timing

[jmf69] 21/6/2018 10:04

Thal going private?

[gfrae] 21/6/2018 09:26

I hope they aren't negotiating to buy the rest of LSR ?

[jmf69] 21/6/2018 07:26

Not a fan of any kind of news that comes out on a Friday

[ntv] 21/6/2018 07:23

9 days til suspension?
beginning to worry a bit if it hadn't been for the buybacks
auditors maybe?

[jmf69] 20/6/2018 17:29

Results tomorrow?

[ntv] 18/6/2018 07:20

agm notice but no results or is it a news feed problem
2 weeks notice for the agm is a bit short
i thought they had to give a months notice

[ntv] 14/6/2018 14:10

what is that all about?

[jmf69] 14/6/2018 08:12

Next week now

[jmf69] 12/6/2018 14:46

My money's on Thursday

[gfrae] 25/5/2018 21:08

Disappointing LSR figures.

[varies] 12/5/2018 12:30

It is difficult to tell how seriously we should take AR.
I have just watched its 3 minute video on the THAL web-site again.
I do believe that the sea-bed is likely to attract an enormous amount of exploration for one purpose or another in coming years but the Flying Nodes seem to designed for underwater mineral exploration. Extraction of any minerals found prove politically difficult.

[ntv] 12/5/2018 08:04

AR must be running at a loss and i guess we will find out what that is
is it just a fantasy company or have they got the ability to make it work
i hope it is not just a pay packet for those involved
sticking with because of the discount

[varies] 11/5/2018 09:52

I see more good news here than bad.
The price agreed with Fairfield (FFN) for WGP was US$30 million of which $10m was "contingent on certain customer contracts being entered into within 5 years of completion".
It sounds as if FFN is finding WGP a satisfactory purchase but we cannot, of course, be sure that this condition will be satisfied.
On the other hand we were led to expect that FFN had decided to invest $2m in a 20% stake in Autonomous Robotics whereas it transpires now that this was only an intention which FFN has now given up.
I continue to regard Mr. Soukup as a shrewd investor and would not be surprised to see a sale of ARL to some big underwater operator such as Technip if he cannot arrange a joint venture on attractive terms.