Thalassa Share Discussion Threads

[jmf69] 29/3/2017 08:51

Unloading no... topping up maybe

[frazboy] 29/3/2017 08:36

Anyone think we may have reached the bottom here? Another way of phrasing this question is, is anyone else on this board thinking of unloading at this price?

[lauders] 29/3/2017 01:53

Thank you for the information Masurenguy. I did have a quick look back and could not find CT but I did not check that far back! A new thread may be worth the effort if someone is more heavily invested and committed here than I am. Seems like a link to the company's website is just basic common sense really, but that may just be me!

LSR - Looks interesting. DS may not be all that crazy, only when it comes to holes in the ground?

[tiltonboy] 28/3/2017 10:50

LSR continue to make progress on the liquidation of their portfolio.

Looks like some particularly good sales in Allsop's auction yesterday raising over £2m.

[bookbroker] 28/3/2017 09:49

Lauders - ur correct, but DS. is the boss here, Thal is a holding co. , but he is the force driving the company, there is no real board here, except at the subsidiary level, it does not need a board thank goodness, one more extra expense!

[rcturner2] 28/3/2017 09:02

Maybe time for a new thread?

[masurenguy] 28/3/2017 07:43

Lauders - contrarian trader hasn't posted here in 8 years so I doubt that your request will be addressed.

[lauders] 28/3/2017 02:17

Thanks for that link JMF69. I assume that THAL will benefit further from these plans down the line.

bookbroker - While most would probably agree about DS's activities and comments (he does go rather OTT) surely THAL's board - - should be the ones who control him and approve/disapprove of any "projects/expenses"? Does he make all the decisions without anyone checking? I can't believe that is the case but would welcome any corrections to my understanding!

PS - contrarian trader - Any chance of having THAL's website link added to the header somewhere please?

[bookbroker] 27/3/2017 21:32

Because Mas., this co. has a good product, a decent balance sheet, but it is being run by a guy who is hubristic, he should concentrate the co. on the industry it knows, not commercial property or gold prospecting!

[frazboy] 27/3/2017 17:28

Do you have an opinion on DS, Masurenguy?

[masurenguy] 27/3/2017 16:46

bookbroker - if you feel that way about DS why don't you just sell out and move on.

[bookbroker] 27/3/2017 16:35

What I don't is all that bull from DS., what I want to know why the irresponsible fool wastes money on rock sampling in Papua, shareholders money I hasten to add, for most likely no payback!

[cheshire man] 27/3/2017 12:45

The Board confirms that the full year results to 31 December 2016 will be released during week commencing 10 April 2017.

So not long to wait !


14/03/17


Thalassa Lifts 2017 Revenue Forecasts For WGP Ahead Of Projects' Start
LONDON (Alliance News) - Thalassa Holdings Ltd on Tuesday said operations under its marine geophysical services subsidiary's 2017 Spring North Sea projects are expected to begin during April as scheduled.

Advanced preparation of mobilisation for WGP Group Ltd's projects is now well underway, and revenue from seismic operations in 2017 is expected to be between USD15.0 million and USD16.0 million.

This is 30% to 40% ahead of the USD11.6 million estimated revenue generated in 2016, and also ahead of the USD15.0 million estimated for 2017 in December.

Thalassa said its estimates assume there are no cancellations and no significant adverse weather conditions.

[bookbroker] 22/3/2017 14:41

I have no news, because I do not think there is any, if you look at the Papua website, it is so thin on info, but what I can deduce is that the likely cost of ever mining for the ore looks prohibitive, and that is without the environmental concerns, it was just crazy to chuck money at this, maybe he should be using his own capital, the guy is a nutter!

[masurenguy] 22/3/2017 14:04

bookbroker 22 Mar '17 - 3775: The Papua cash is basically washed down the lavatory

Is there some new information on the Papua investment? If so can you please post it or provide a link.

[bookbroker] 22/3/2017 13:56

The money should have been spent buying the cos. stock at 40p, i wonder if the bloke suffers from some sort of illness the way he rambles on in his reports!

[bookbroker] 22/3/2017 13:48

Bad day this, DS needs to get a grip and stop chucking money away chasing rainbows, why he invested cash in Papua is beyond me, it's scandalous that he can waste shareholders capital, where is the boardroom debate in this co., the guy should step down, or the other directors should exert some corporate governance! Right now this co. Looks like it is heading back into the doldrums!

[bookbroker] 20/3/2017 20:23

Hopefully buying back stock!

[greenroom78] 20/3/2017 19:02

216k after hours print this evening at 63.5p, wonder if that is what has pegged this back of late?

[cockerhoop] 14/3/2017 22:31

Certainly interested in how much THAL has gained from the renting out of the hunting lodge :-)

[pj 1] 14/3/2017 20:21

Will he increase the Rent charged at Soukup Towers, and double the Insurance charge?

[cockerhoop] 14/3/2017 17:04

It is owned my a fellow Monaco resident - so every chance.

[greenroom78] 14/3/2017 17:01

:)

More money in a New Guinea Pigs Pet Shop IMO.
I do wonder if that investment was a favour for a friend.

Should be a comment on NAV if they are serious about further buybacks. He might surprise us with a special dividend...

ha...ha...ha..

[cockerhoop] 14/3/2017 16:53

:-)

Yes the only thing missing will his comments on regional shops and mining in Papua New Guinea!