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MIN Minoan Group Plc

0.40
-0.05 (-11.11%)
31 Jan 2025 - Closed
Delayed by 15 minutes
Minoan Investors - MIN

Minoan Investors - MIN

Share Name Share Symbol Market Stock Type
Minoan Group Plc MIN London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-0.05 -11.11% 0.40 14:41:55
Open Price Low Price High Price Close Price Previous Close
0.45 0.375 0.45 0.40 0.45
more quote information »
Industry Sector
TRAVEL & LEISURE

Top Investor Posts

Top Posts
Posted at 09/1/2025 16:30 by min ping
poor SLYME investors - being MINced lol
Posted at 30/12/2024 15:24 by sparty1
plus
"While the precise price depends on negotiations, interested parties (e.g., Middle Eastern investors, luxury hotel developers, or sovereign wealth funds) may be willing to pay a significant premium due to the project’s scale, location, and permissions. Achieving a price above £50 million is plausible, with the potential to reach or exceed £100 million (7p a share) under the right circumstances. Probably somewhere in between the baseline of 3.6p and an optimum 7p is a realistic aspiration for medium-term investors but, as ever, dyor. There is a lot of public domain information on the very significant increase in the value of hotel rooms well over any increases in construction costs.

I'm never one to hold out for optimum values but when and if a strategic investor comes on board then I can see the baseline value in the audit being revised upwards due to the vast increase in the value of hotel rooms. Also, it's not going to go from 0.65p to any of these figures in one go. The hope and a certain logic is that it climbs to the baseline and potentially higher as landmarks are hit. The obvious ones being (strategic investor, Foundation deal, renowned hotel operators coming on board, environmental study (pretty much equivalent to detailed planning in the UK) and Epfinia (99 year leases) for the villas.

Obviously, with a strategic investor on board and a resulting Foundation deal then the Company potentially becomes an attractive takeover target, in which case the potential optimum values will be achieved much more quickly. First things first, investors need to see a strategic investor on board. It kickstarts MIN towards the potential valuations flagged up."
Posted at 30/12/2024 15:22 by sparty1
and further ..
"Valuation

1. Land Value: The appraised value of the project’s land alone is approximately £50 million according to the latest audit. This serves as a baseline. That's 3.6p per share based on my conservative estimate of an ultimate 1.4 billion shares being in issue. There could be as low as 1.2 or 1.3 billion shares in issue in my estimation but it's best to keep the figures conservative.

2. Potential Revenue: Deloitte estimates indicate an eventual turnover exceeding £100 million per year once operational, which significantly enhances its attractiveness to buyers.

3. Development Potential: The approved 108,000 sq. meters of buildable area for top-tier hotels and branded villas, coupled with the increasing demand for high-end tourism in Greece, positions the project to generate substantial revenue streams. This potential for sustained income adds significant appeal to prospective investors, especially those focused on long-term profitability.

4. Market Growth: The steep rise in Greek hotel room values and high demand for luxury villas increase the intrinsic value of the project. With branded villas being a particularly lucrative segment, this could add a significant premium. The villas are an add-on value in the event of Foundation revised deal.

5. Strategic Location: Being the largest private estate in the Eastern Mediterranean, the project’s uniqueness makes it highly desirable for investors seeking scarce, high-value opportunities.

6. Unappealable Presidential Decree granting permission for the project to proceed.

Estimated Price Range
• Baseline Valuation: Given the £50 million land appraisal, a minimum price for the project could start at this level (3.6p/share).
• Strategic Premium: For buyers with significant strategic interest in the Mediterranean or those seeking trophy assets (mainly Middle East investors), the valuation could exceed £100 million (just over 7p a share).

7. Strong Governmental support coupled with the availability of low inteest banl loans and EU/Greek grants."
Posted at 30/12/2024 15:21 by sparty1
From Nick

"As ever the main interest shareholders have in holding the stock is the potential uplift whether it be a short, medium or long-term investment.

MIN is potentially very under-valued but the keyword is 'potentially' as only with a strategic investor on board is the value optimised. I am hopeful that will come hence why it's worth exploring the potential value to shareholders. The key factor that has gone in MIN's favour is the rise in the value of hotel rooms coupled with strong Govt. for the project to move forward. This makes the project highly profitable based on building the hotels alone and without a revised deal with the Foundation.

That is crucial as it makes the strategic investment case very appealing now as opposed to post any Foundation deal. The likely knock on effect when, as anticipated, a strategic investor comes on board is that the Foundation will sign on the dotted line with a financially stable and endorsed project.

There are various factors which I won't go into here that suggest the Foundation will need to sign but all holders know how frustrating it has been to see the seemingly never ending negotiations to get that over the line. A strategic investor accelerates that imo. Regardless, the valuations are done with a) a strategic investor on board and b) a hotel only project.

Factor in an uplift if the villas are added in with a Foundation deal and Epifinia granted(99 year lease) via application and a (supportive) Govt process."
Posted at 30/12/2024 10:35 by mudbath
It would appear that Minoan will require a cash injection of some £10 million just to steady the project's finances; with many times that figure needed to take the development just into its initial stages.
Any "strategic investor" would therefore require total control in order to protect its investment.
Minoan could cede its influence via a highly dilutive fund raise, with the SI ending up with around 95% (or more)of the enlarged equity; whereupon the existing Minoan directorate would be ejected; although Eggleton might initially be retained.
All conjecture on my part of course; yet there is no such thing as a free lunch; particularly where beleaguered Minoan investors are concerned.
Good luck though Nick with your envisaged project runway.
Posted at 28/12/2024 08:56 by nick2412
As ever the main interest shareholders have in holding the stock is the potential uplift whether it be a short, medium or long-term investment.

MIN is potentially very under-valued but the keyword is 'potentially' as only with a strategic investor on board is the value optimised. I am hopeful that will come hence why it's worth exploring the potential value to shareholders. The key factor that has gone in MIN's favour is the rise in the value of hotel rooms coupled with strong Govt. for the project to move forward. This makes the project highly profitable based on building the hotels alone and without a revised deal with the Foundation.

That is crucial as it makes the strategic investment case very appealing now as opposed to post any Foundation deal. The likely knock on effect when, as anticipated, a strategic investor comes on board is that the Foundation will sign on the dotted line with a financially stable and endorsed project.

There are various factors which I won't go into here that suggest the Foundation will need to sign but all holders know how frustrating it has been to see the seemingly never ending negotiations to get that over the line. A strategic investor accelerates that imo. Regardless, the valuations are done with a) a strategic investor on board and b) a hotel only project.

Factor in an uplift if the villas are added in with a Foundation deal and Epifinia granted(99 year lease) via application and a (supportive) Govt process.

Valuation

1. Land Value: The appraised value of the project’s land alone is approximately £50 million according to the latest audit. This serves as a baseline. That's 3.6p per share based on my conservative estimate of an ultimate 1.4 billion shares being in issue. There could be as low as 1.2 or 1.3 billion shares in issue in my estimation but it's best to keep the figures conservative.

2. Potential Revenue: Deloitte estimates indicate an eventual turnover exceeding £100 million per year once operational, which significantly enhances its attractiveness to buyers.

3. Development Potential: The approved 108,000 sq. meters of buildable area for top-tier hotels and branded villas, coupled with the increasing demand for high-end tourism in Greece, positions the project to generate substantial revenue streams. This potential for sustained income adds significant appeal to prospective investors, especially those focused on long-term profitability.

4. Market Growth: The steep rise in Greek hotel room values and high demand for luxury villas increase the intrinsic value of the project. With branded villas being a particularly lucrative segment, this could add a significant premium. The villas are an add-on value in the event of Foundation revised deal.

5. Strategic Location: Being the largest private estate in the Eastern Mediterranean, the project’s uniqueness makes it highly desirable for investors seeking scarce, high-value opportunities.

6. Unappealable Presidential Decree granting permission for the project to proceed.

Estimated Price Range
• Baseline Valuation: Given the £50 million land appraisal, a minimum price for the project could start at this level (3.6p/share).
• Strategic Premium: For buyers with significant strategic interest in the Mediterranean or those seeking trophy assets (mainly Middle East investors), the valuation could exceed £100 million (just over 7p a share).

7. Strong Governmental support coupled with the availability of low inteest banl loans and EU/Greek grants.

While the precise price depends on negotiations, interested parties (e.g., Middle Eastern investors, luxury hotel developers, or sovereign wealth funds) may be willing to pay a significant premium due to the project’s scale, location, and permissions. Achieving a price above £50 million is plausible, with the potential to reach or exceed £100 million (7p a share) under the right circumstances. Probably somewhere in between the baseline of 3.6p and an optimum 7p is a realistic aspiration for medium-term investors but, as ever, dyor. There is a lot of public domain information on the very significant increase in the value of hotel rooms well over any increases in construction costs.

I'm never one to hold out for optimum values but when and if a strategic investor comes on board then I can see the baseline value in the audit being revised upwards due to the vast increase in the value of hotel rooms. Also, it's not going to go from 0.65p to any of these figures in one go. The hope and a certain logic is that it climbs to the baseline and potentially higher as landmarks are hit. The obvious ones being (strategic investor, Foundation deal, renowned hotel operators coming on board, environmental study (pretty much equivalent to detailed planning in the UK) and Epfinia (99 year leases) for the villas.

Obviously, with a strategic investor on board and a resulting Foundation deal then the Company potentially becomes an attractive takeover target, in which case the potential optimum values will be achieved much more quickly. First things first, investors need to see a strategic investor on board. It kickstarts MIN towards the potential valuations flagged up.
Posted at 07/12/2024 17:36 by nick2412
Thanks peachie, I think I'll need it :-) If we can get the strategic investor on board then 2025 should be a very decent year for investors. Fingers crossed!
Posted at 07/12/2024 13:00 by tim000
MIN is about to have a great story to tell. But the great stuff posted on the guild won’t reach the investor community at large. My hope is that the knowledge of the guild, displayed here, encourages lots of new long-term investors, to their advantage and to that of the company.
Posted at 19/11/2024 09:37 by paul planet earth1
'Unnamed Strategic Investor' so secret they can't name who it is..assuming one even exists in the first place..yup gives credence to the 'Never Ending Story' here and Nobbys boiler room antics with gullible gerbil investors!
Posted at 01/11/2024 20:15 by putinaire
'For new investors be aware that the open boards on ADVFN have an infection, nay, a cancer of trolls, so join the guild: however for new/potential investors. This is the start the ride.'

The sales pitches get better and better

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