Thalassa Share Discussion Threads

[masurenguy] 09/7/2016 12:59

In addition to the cash pile and the recent rise in the oil price, most of their existing contracts must be priced in $US so that should significantly improve margins this year.

[pippin6] 09/7/2016 12:40

The cashpile must also have increased by 10% due to the weaker pound, so what was 61p will now be 67p give or take the recent share buy backs and operational costs.

[pippin6] 09/7/2016 12:28

Anyone think this is way too cheap ? The outlook surely must be improving with the rise in the oil price ? From a chart point of view this looks like a good entry point. Are there any broker price targets out there ?? TIA

[jmf69] 16/6/2016 19:37

Another 350k bought back

[rbonnier] 06/6/2016 18:30

Sellers starting to look exhaused here soon be time to move on to 60p .

[jmf69] 18/5/2016 23:32

Confirmed... the 375k shares bought back

[jmf69] 18/5/2016 10:17

Or maybe the 25k

[jmf69] 18/5/2016 10:01

Is that another 350k shares in the buyback?

[darryn1] 14/5/2016 07:42

Good recovery here. Should see the price back over 60p soon.

[kooba] 13/5/2016 07:15

Interesting they are paying up and not getting many so might be walked higher looking for a seller...but with oil stabilising higher than I thought it would and hopefully some of the rabbit in the headlights approach to capex of the industry (ie spend nothing) being replaced by hopefully a realisation that major opportunities are available might well see a resurgence in activity in e&p or at least planning going into next year.

[masurenguy] 12/5/2016 18:26

RBonnier - 3285: This Is one hell of a sick stock down again and heading for sub 30p this week. They need to return the cash whilst they've got it because their business is worth nothing and is being priced as a serious liability by the market as this will soon be trading at a whopping 50% discount to cash at the bank.

RBonnier - 3342: I'm expecting bid interest before the oil price significantly recovers next year. Wont be less than a pound a share either I think 130p per share in cash should do the deal.

RLMAO !

[rbonnier] 12/5/2016 18:07

I'm expecting bid interest before the oil price significantly recovers next year.Wont be less than a pound a share either I think 130p per share in cash should do the deal.

[hezza123] 12/5/2016 16:23

Patience certainly paying off here. Discount to NAV narrowing on a daily basis and not much stock on offer currently. Happy days!

[jmf69] 12/5/2016 08:28

hTtps://www.wsws.org/en/articles/2016/05/12/oil-m12.html

[hammers976] 11/5/2016 13:28

Why aren't they beneficial without cancellation? As long as they aren't sold at a discount back into the market it's good for shareholders right? I am genuinely curious about this particular issue.

[rbonnier] 11/5/2016 13:01

Masurenguy the share buy backs are only beneficial if they are cancelled these arnt have you asked the company why they have not been cancelled?

[jmf69] 11/5/2016 08:14

DS bought 75k over the last few weeks

[jmf69] 11/5/2016 08:13

Recent director buys and now 175k bought back by the company. I hope that is a sign of a turnaround

[rivaldo] 05/5/2016 07:13

More director buying from DS - that's £33,000 spent in 3 days.

Hopefully this augurs well for contract news at some point: