Share Name Share Symbol Market Type Share ISIN Share Description
Thalassa Holdings Limited LSE:THAL London Ordinary Share VGG878801031 ORD SHS USD0.01 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 80.50p 78.00p 83.00p 80.50p 80.50p 80.50p 0 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil Equipment Services & Distribution 0.0 -5.1 29.8 2.7 14

Thalassa Share Discussion Threads

Showing 3901 to 3920 of 4325 messages
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DateSubjectAuthorDiscuss
18/4/2017
11:35
Papua well up ...20% up on purchase (in £) go D S :)
kooba
12/4/2017
19:40
Wouldn't bother buying in here far too risky better off down at the casino seems like more chance of a return than this moth ball ! Papua mining and the reit....lol!!!!!
rbonnier
12/4/2017
14:47
Also interesting that there was a $300,000 investment in 2015 that was added and then completely written off? At current exchange rate 37-38p will be required to break even on the $8.6m invested in LSR, surely the cash would have be better spent buying back THAL shares? On a more positive note the defence applications for ARL sound intriguing.
cockerhoop
12/4/2017
14:09
Gfrae, What it says is available for sale investments including Papua cost $1.3m and then have been written down by $400,000 to get the $860,000. The RNS last year said they paid £400,000 for 40m shares (for 26.7%) of company which equates to $520,000 at October exchange rates. I'm not aware of further investment but prepared to be corrected.
cockerhoop
12/4/2017
13:59
it's in the previous (2016) half year report as an after end of half year event. it's just down as £400k. thanks anyway.
frazboy
12/4/2017
13:56
frazboy,you can see the annual report on their website the Papua cost was $1.3m from memory.
gfrae
12/4/2017
13:40
I've not seen the AR, just the RNS. Am I missing something? I'm a bit clearer on the accounts now, I'm thinking that the $0.85m relates to Papua but I'm waiting for gfrae to revert on that. If you allow $1.1m for investment in R&D at the robotics arm, then there's still a million or so of missing "Investments" to explain.
frazboy
12/4/2017
13:08
Agreed 100k buy looks like the buyback
jmf69
12/4/2017
13:03
100k @ 61.5p ...I read as share buyback probably mopped up most loose stock...see if they get more aggressive.
kooba
12/4/2017
12:58
Just read the AR, bit naughty imo not to write down the value of LSR due to the adverse exchange rates and the share price of 28p at YE compared to the 34p paid. But does explain some of the holes when just reading the RNS.
cockerhoop
12/4/2017
12:53
I think THAL is a bit of a marmite share for many. I sold out my remaining shares today.
rcturner2
12/4/2017
12:49
Thalassa HoldingsThe trouble with writing long and ethereal statements, especially when the bumf at the top is all about world economies is that sometimes people dont get down to the good bits about your company. When I saw the THAL price first thing I feared the worst, indeed I was about to fling myself overboard until I progressed past the economics lesson. If you do that you get to see that the Chairman has 'cautious but unpredictable optimism' and that 'in 2016 we exceeded performance expectations at every level from sales to the bottom line'. Other positive comments include that the company has the same, asset light, model and its flexible management structure gives remarkable competitive advantages over the competition. So, the shares should be up, not down as the operating side of the company has performed very creditably and continues to do so.....Top stuff Duncan...http://www.malcysblog.com/
kooba
12/4/2017
12:41
Gfrae, Do you have a reference for the $1.3m spent on Papua? I can only see the £400,000 equating to $0.52m. Cheers
cockerhoop
12/4/2017
11:52
...because he paid more than £5.65m - that was what he paid for 16.6m of the 19m that THAL purchased. Using an exchange rate of 1.33 and 0.34p share you get the $8.6m Thanks again
frazboy
12/4/2017
11:42
Thanks gfrae - I just did a quick and dirty run through this morning, so it may be that at some point the TDT will pay back the loan (when the shares are issued and paid for I presume). On the other point, I'm a bit lost. THAL has 23.2% of LSR which was purchased for around £5.65m in September 2016. So, how did it end up costing $8.6m? The exchange rate at the time was around $1.33/£.
frazboy
12/4/2017
11:24
Frazboy, the $8.6m was for the investment was for LSR on it's own. A further $1.3m was invested Papua. also concerning your point previously about the loan to the discretionary trust,that loan has been written down to the value of the shares when they were 33p. See notes 7,14 and 22 of the accounts for the above. G.
gfrae
12/4/2017
10:52
But it is most likely the continuing investment in ARL that accounts for the discrepancy in Frazboy's view, I would expect it to be sucking up capital, so they need to find partners to progress, and hive it off, but essentially Thal is a holding company,, still unless they can create real value I'm not sure of the case for holding on!
bookbroker
12/4/2017
10:45
They usually post them up on the website pretty quickly so shouldn't have too long to wait.
cockerhoop
12/4/2017
10:44
There is no excuse for holes in the accounts, DS needs to explain a little clearer, but he seems in his own little world!
bookbroker
12/4/2017
10:43
Cheers, I think we're in agreement regarding unexplained holes investment wise. Hoping the Annual report will shed light.
cockerhoop
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