Dci Advisors Share Discussion Threads

[spectoacc] 27/12/2023 14:24

Some overdue good news after recent legal shenanigans:


"Payment of €1.5m in government grant to the Kilada Project


27 December 2023



The Board of DCI Advisors Ltd ("DCI" or the "Company") would like to inform shareholders that of the €6m Greek government grants the first tranche of €1.5m was approved and paid to our Kilada project.


The Kilada Country Club, Golf & Residences is our main asset. Finalising the 18-hole golf course plus the Country Club is therefore our highest priority and we believe that we should be able to reach that target during 2024.

While the application for the payment of the first €1.5 million of €6 million was expected to be approved in October we are delighted to have now received the approval of the first tranche of the Greek government grant. The remaining grants will be drawn down in stages dependent on further spending on developing the project concerned.

On the development side, construction of the centrepiece Jack Nicklaus Signature Golf Course at Kilada continues to progress. Currently 7 holes have been fully finalised, 3 holes are expected to be finalised in the next of couple of months and the remainder will be finalised during 2024."

[tiltonboy] 19/9/2023 08:55

Somebody is keen. Now 4.86 bid in the auction

[tiltonboy] 12/9/2023 09:10

Doubt the RSP would pick-up on the bid on the auction board

[spectoacc] 12/9/2023 08:46

Thought I'd test a quick sell quote then to test the RSP sell quote - "No regulatory documents available" say iii.

iii are getting worse, hopefully not turning into the new Barclays Stockbrokers.

[tiltonboy] 12/9/2023 08:33

4.7 bid in the opening auction

[tiltonboy] 07/9/2023 08:28

They were 4.66 bid in the auction. Been some decent delayed trades marked after hours in the last few days

[hugepants] 06/9/2023 17:30

750K buy at 4.7p.

[tiltonboy] 08/8/2023 14:02

Good to see a 4.36 bid didn't get hit in the auction. Just need buyers to pay-up now!

[baner] 07/8/2023 08:33

It is the small of serious money ! These shares should fly to 10p+ in 12-24 months time.

[hugepants] 03/8/2023 13:59

There's something in the wind. I can smell it.

[tiltonboy] 03/8/2023 09:03

4.2 reloaded, but a larger buy order at 4.3p saw the UT go through at that level.

[tiltonboy] 02/8/2023 16:56

So, the 50k that has been on the auction board for the past couple of weeks got taken out at the close. It will be interesting to see if the three MM's that were on the offer at 4.2 will move their prices in the morning

[tiltonboy] 02/8/2023 08:51

4m on the bid at 4.1 now. Small bid at 4.14

[spectoacc] 02/8/2023 08:48

Missed that, thanks - hadn't seen any big trades go through recently, hopefully they'll have to chase the stock.

[tiltonboy] 02/8/2023 08:46

There's been a big buyer around for weeks. Last few days there has been a buyer of 2.5m on the auction board at 4.1p

[spectoacc] 02/8/2023 08:33

DCI really is the triumph of hope over experience, but - a twitch?

[value hound] 07/6/2023 07:32

New strategy then:

"DROP THE DEAD DOLPHIN" :-)

[hugepants] 03/5/2023 16:27

Weiss appeared with 3.03%

[hugepants] 11/4/2023 19:07

Is that the ahem..."manager" out now? I wonder who took the shares.

[baner] 23/3/2023 09:23

DCP has ”managed”; DCI for more than ten years. Almost €1bn of Equity has been raised - and destroyed during this period!!! There are some good assets remaining and it should be possible to extract maybe 10p/share out of the remainders, so it is good the BOD is now preventing DCP to be a main beneficiary from this. It was about time, it appears. The amount of fees DCP has taken out from DCI over the years is absolutely flabbergasting.

[apollocreed1] 20/3/2023 12:07

Surprising that the board only just realised that the huge discount and lack of any progress was due to dodgy dealings.

hxxps://www.ii.co.uk/news/dolphin-capital-investors-breaks-ties-with-manager-charging-breach-al1679305531624967600

[hugepants] 20/3/2023 09:25

DCP in it for themselves by the looks of it. No wonder hardly any progress has been made.

[spectoacc] 20/3/2023 07:19

Hmm:

"It has come to the Company's attention that DCP entered into an undisclosed option agreement with the purchaser of the Amanzoe resort in Porto Heli, Greece at the same time that the Company sold its interest in the resort, as originally announced on 2 August 2018 (the "Undisclosed Option Agreement"). The Undisclosed Option Agreement entitled DCP to acquire an additional 15% of the share capital of DolphinCI Fourteen Limited (the special purpose vehicle holding the Amanzoe resort). A separate agreement for DCP to acquire 15% of the share capital of DolphinCI Fourteen Limited had been disclosed and authorised by the Company."