Thalassa Share Discussion Threads

[bookbroker] 08/10/2014 22:13

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

[pj 1] 08/10/2014 21:25

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 21:17

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 20:38

How much of the pipeline in Russian dependent ?

[apatel21] 08/10/2014 13:19

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 09:22

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

Cost of property = £1.2m

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

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 08:40

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 08:33

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 16:29

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 16:21

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 16:13

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!

[mark2market] 07/10/2014 16:07

Saw the 10k trade go through - good luck with your investment, though personally I would have waited a few days until the chronic investors had all read the sell tip (I imagine some will only read this evening, some when the mag is published at the weekend).

[rcturner2] 07/10/2014 16:01

My limit order for 10k shares went through at 100p.

Small cap shares being battered all over the place right now.

I am happy to take a risk here.

[mark2market] 07/10/2014 15:56

Support at 100p seems to be crumbling - so what now? 70p? 50p?

[bookbroker] 07/10/2014 14:06

Soukoup needs to clarify the relationships between the trust, himself and the company, it's become quite ridiculous the price action of recent following the revenue warning, shareholders deserve better and if he had any common sense as regards his own interest here he would act and explain the cross holdings, it's hitting himself as much as others!

[rcturner2] 07/10/2014 13:56

There is an article online today.

[propercharlie] 07/10/2014 13:53

paleje

where did you get the info that Simon Thompson has pulled plug. this is the latest from IC

Buy
The last IC recommendation on Thalassa Hldg Ltd shares was Buy at 140.00 on 17 Sep 2014

[rcturner2] 07/10/2014 13:35

WH Ireland forecast full year revenue at $26m and pre-tax profit at $4.5m.

These are the updated figures after the interims.

[pugugly] 07/10/2014 13:34

New Fortress Finance Holdings Ltd BVI cannot be too happy at the moment- If they decide to cut their losses then a potentially massive overhang but being a BVI company data virtually impossible to find via legitimate search media.

[pugugly] 07/10/2014 13:21

RCT Possibly on a "normalised" basis with a follwoing wind - Even than having quickly relooked at the figures I can only improve possible p/e at current share price to about 11.3 - I prefer to look at on a kitchen sinked basis - Hence my comment on uncertainty. and a need to stimulate comment - Thanks for coming back.

House brokers (as I know to my cost usually use RTG's (rose tinted glsses)

[pj 1] 07/10/2014 13:11

I accept this is hindsight but now we know why they wanted such a cash pile. Is that what ST is hinting at?

Bad debts have the same habit as profit warnings, they can happen in x3's, is the 'hostaged' kit required for other contracts?

[rcturner2] 07/10/2014 13:06

er the last broker note gave a likely reduction in full year eps of 10% to 10p per share?