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more reason beyond hgi sell down to wait & see
http://www.proactiveinvestors.co.uk/companies/market_reports/71090/oil-column-statoils-disappointment-a-blow-to-arctic-exploration--0000.html We're a little Statoil heavy in terms of revenue reliance.....
buyer need to buy bigger
I think our PMSSs are in the mud
...tough with hgi & dodgy markets to get out of the mud
We're motoring!
Up to the 180s now - is this the start of our climb up to share price respectability? Watch this space. Good weekend all!
Not from Hendo to Standard Life Investments though because they went from 8.7% to 8.4%. The website has been updated yesterday http://thalassaholdingsltd.com/shares-shareholders.htm and I have an excel file where I keep track of the updated holdings. However, I agree with you about transfers between funds.
So you mean transfer between mms, as in one mm serving a seller and another mm serving a buyer? I agree if that is the case.
Transfer between mms most likely. It would've moved the price if they were buy or sells.
Lots of volume in that last few mins. Not sure what it is though. Anyone?
Ok 150s then! It looks possible especially in this market. I really cannot believe this is at 170p now, but wht do I know...
What makes you say that? Hope you are right btw.
Hopefully
no problem.
Who else thinks this drop is down to the word 'satisfactory' performance in todays RNS. I don't think the market likes just 'satisfactory' and expects a lot more!!. I'm a bit nervous now about |Septembers announcement
Indeed. Think I'll ponder it over the weekend! Thanks for your views..
If you want to play it safe you could wait until we know HGI's intentions a bit better.
Not in as yet.. Read the blog this morning and since then have been doing a bit of background reading on THAL. I like what I see - except for Henderson! Very tempted to take a position here..
Bought at 142 and 250 sold some at 280. Looking to add more, not sure if now or later. You?
What sort of average are you holding here? (if you don't mind me asking?!)
Never liked when HGI is in my shares. Sadly for me we tend to have opposing timing with our entries/exits... I am confident the company will come good at some point relatively soon.
Yesterday HGI went from 3,304,222 to 3,076,959.So about 75K from the initial tranche still to go. Peanuts. Then we will see IF they continue to sell. The 500,000 CFD still there, they opened it as a hedge when they started selling 3 months ago. Not a bad strategy.
Today's is a perfectly good H1 trading statement and a buying opportunity imho: - "good trading in the year to date" - "healthy levels of order enquiry" - "confident that Thalassa will deliver another satisfactory performance for the year" Great to see such confidence at such an early stage of the year. Above all, the share price is now extremely good value imho for such a fast-growing company with such potential, especially stripping out the mountain of cash. The market is miserable at present, and no doubt a few PIs had bought over-optimistically in expecting some ridiculously bullish statement, causing them to sell off this morning. From WH Ireland this morning - Buy with a 400p target price: "Thalassa Holdings*# - BUY Market Cap: £49.6m; Current Price: 197p; Target Price: 400p Trading update and relocation of UK operations Thalassa has this morning provided a brief update for the six months to 30 June 2014. The group is reported to have experienced ‘good trading’ during the period and continues to experience a healthy level of order enquiries. As such, the board remains confident that Thalassa will deliver another satisfactory performance for the current financial year. In addition, it has also been announced that the group intends to lease a new office with improved transportation links in order to attract new staff and maintain the company’s growth over the coming years. The shares have been weak of late, now trading on a FY 2014E cash adjusted PER of 13.2x and EV/EBITDA of 9.6x. However, we believe that the business continues to be extremely well positioned to deliver further significant growth over the next few years given the ability to provide bespoke, cost effective solutions to oil majors in the offshore seismic market."
Malcy, yes, IF Henderson continue to offload