Share Name Share Symbol Market Type Share ISIN Share Description
Minoan Group Plc LSE:MIN London Ordinary Share GB0008497975 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.05 2.78% 1.85 1.70 2.00 1.85 1.80 1.80 265,478 14:47:39
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 0.0 -3.0 -1.4 - 8

Minoan Share Discussion Threads

Showing 18851 to 18875 of 18875 messages
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DateSubjectAuthorDiscuss
22/11/2019
09:26
Not sure why it was so sensitive although its gone very quiet now for months and at some stage we are due an update which might throw some light on the matter.
wi1l
22/11/2019
09:08
Why were the Co.upset at the information you found mdv and why on earth would anyone send it on to Minoan unless they wanted it verified? Shame. DC
daicaprice
21/11/2019
19:02
The information on my previous update has been deleted due to three individuals updating the company on what was posted. I will therefore not be putting out any further information that I may find. Some of you really do need to get your lives in order, unless you are being paid by the company, but only you know that.
mdvorkin
21/11/2019
16:01
Thanks mdv. If the government is making legislation specifically directed at improving the economics of the project for a developer, then there is a strong presumption that the project will proceed, and hence there is tangible progress behind the scenes wrt a contractual agreement.
tim000
21/11/2019
13:12
Thanks mdv. DC
daicaprice
21/11/2019
13:11
Mdv thank you for the helpful post. The Bod have consistently failed to update The market as a matter of policy. In the absence of an RNs we have no Reliable indication of the extent of Progress. Meanwhile the clock 🕰 ticks on..
atlantic57
21/11/2019
12:27
Information deleted due to certain individuals updating the company.
mdvorkin
19/11/2019
08:15
In fact with the share price down 72% from the above statement its astounding that the operational review has not been explained to shareholders, and is a further reflection of the abysmal communication designed to hide the true facts, from the Company. They obviously made the wrong decisions for shareholders. If they made the wrong decisions for themselves or not is another question.
pj 1
19/11/2019
08:11
14/12/17 the Board has carried out a review of the Group's operations and it believes that we are now entering a period that will be key to delivering shareholder value 7.2p ==================================================================================== I think it would be worth questioning the Company on why they referenced a ''key period'' that resulted in no deals and further paper losses to date. Obvious with hindsight that this was vital but the BoD failed to deliver anything positive. What actually happened in this period? There is no reason they cannot explain after 2 years IMO
pj 1
18/11/2019
12:11
Will, This a good summary from Waterloo I still hope for something before Xmas, but if we can all see the light at the end of the tunnel, if that slips into the 1st quarter 2020, I'm sure we can all live with that. I think the whole process started in the 1990's so can forgive a few months, as long as everyone can see the end game. The Current price action does not suggest that ce is about to announce tangible progress. I sincerely hope I am wrong but suspect the next rns will be a mirror image of previous rns announcements..
atlantic57
18/11/2019
08:38
Yes, it wasn't THAT long ago that the govt changed and hopefully those waiting in the wings have remained patient and still looking to invest e.g. those connected to the JV way back in July or was it April. We haven't heard they have walked away so must presumably be still there in negotiations (really?!!). FWIW - MM's must be rolling up their sleeves for something to happen soon as they are looking to buy 625k in one go.
wi1l
16/11/2019
14:46
Waterloo you should join the board. a good summary
atlantic57
16/11/2019
14:20
Agree with that wi1l, if there a deals to be done, the current environment couldn't be better. I'm sure the church would welcome the income and future income stream as it will set them up for a very different future and if that means they need to be a little flexible, I'm sure they will be persuaded of that. That might be easier if they (and shareholders) had some visibility that investors are finally ready to move forward. Nothing like a large amount of cash waved in front of them to get them motivated, if they need any motivation. Key period, and as long as we can all see genuine progress, the focus can turn back to the value of any deal/s. I still hope for something before Xmas, but if we can all see the light at the end of the tunnel, if that slips into the 1st quarter 2020, I'm sure we can all live with that. I think the whole process started in the 1990's so can forgive a few months, as long as everyone can see the end game.
waterloo01
16/11/2019
14:09
The change in Govt a few months back certainly is a major plus as they seem to be now bending over backwards to attract inward investment and given the problems in some parts of the world the North east of Crete should be considered a nice safe haven for a wealthy investor to park his funds for a while. CE and his merry band should by now be well equipped to negotiate with all parties involved especially the monastery who they have been dealing with for over twenty years. There should be no barrier to achieving a good deal on the site/project for the company and thereby returning substantial funds to shareholders.... But....
wi1l
16/11/2019
13:18
On the monastery issue, wouldn’t everyone wish to change the contract if it became an obstruction? Of course, all this is just speculation. If there is a party wishing to negotiate sensibly, like you I expect a deal will materialize within the next few months.
tim000
16/11/2019
12:06
Tim I have met the management several times and have taken them at their word. However I have been a shareholder for 6 years so of course I have trusted them to date which is why I am still here. With regards to the Monastery the issue is not whether their interests are aligned with ours. The issue is whether the detail of the contract with the monastery is so onerous that A potential developer looks at the detail and concludes thanks but no thanks. I remain personally confident than the current share price will go up however how much will depend on whether Minoan can actually get a signed contract before the zechary loan has to be repaid. If Christopher had managed to sell travel last year without issuing warrants and still Leaving a significant debt outstanding with zechary then we would have had a much higher share price and no gun to our head.However this was not achieved. I think all matters will be resolved in the next 6 months simply because zechary have to be repaid,
atlantic57
16/11/2019
11:05
Good post. But surely the interests of the monastery and Minoan are aligned; why would the monastery wish to impede a corporate transaction that is in the interests of itself and the local community? The macro-economic and political background has never been so favourable to a deal, which would be in everyone's interests. Prior to the recent change in government, I don't think a deal was likely. But the timing of completion of a deal is not in the hands of the company, and silence is consistent with almost all scenarios. Ultimately, one either trusts the management to take advantage of the current favourable climate, or one doesn't - in which case there was never any point to investing here.
tim000
16/11/2019
10:01
Yorgi if ce is unable to secure investment in this project in the current climate then, a) Within the detail of the contracts with the monastery there must be a major impediment which puts potential investors off. b) There is another agenda where we are simply being set up for a cheap related party sale. We will know soon enough as the investment climate in Greece could not be better, the bod claim to be in talks with interested parties and the Zachary loan will have to be repaid within 6 months which in min time is a very short period....
atlantic57
16/11/2019
09:34
Thanks for posting Waterloo. There does appear to be plenty of outside investment wanting into Greece for various projects so hopefully CE will soon secure some for CS.
yorgi
15/11/2019
18:44
htTps://news.gtp.gr/2019/11/12/greece-china-cement-ties-16-strategic-deals/ Besides moving swiftly ahead with the master plan for the development of Piraeus port by its Chinese manager Cosco, the opening of Chinese bank branches in Greece, and attracting direct investments, Greece and China have paved the way for strong partnerships in dozens of other areas with the completion of Chinese President Xi Jinping’s visit to Athens this week. In the area of tourism, Greece and China aviation authorities inked an agreement which foresees the establishment of airline hubs, the leasing of airplanes to carry out newly announced routes, and the possibility of launching charter flights. Airlines mentioned in the agreement include China Southern Airlines (based in Guangzhou), Hainan Airlines (based in Hainan) and Xiamen Airlines (based in Sien).
waterloo01
15/11/2019
16:00
Good to see we have some buying today but it still seems we have some selling as well.
yorgi
14/11/2019
22:34
There are a lot of very encouraging signs in Greece of positive activity. The Bod are certain to provide an rns update in the near term ie by 31 12 2019. What they announce in that rns is a good barometer as to the actual tangible progress That has been achieved.
atlantic57
14/11/2019
21:29
There do appear to be plenty of encouraging signs in the wider sense, but sadly nothing coming from the CE and BOD....... which is disappointing to say the least.
yorgi
14/11/2019
20:50
Saudi Minister Al-Jubeir: Greece and S. Arabia can expand trade and investments https://www.businessdaily.gr/english-edition/4821_saudi-minister-al-jubeir-greece-and-s-arabia-can-expand-trade-and-investments Greece and Saudi Arabia can do better in trade and investments, visiting Saudi Minister of State for Foreign Affairs Adel al-Jubeir said in a press conference on Wednesday, as "the size of investment and trade relations does not correspond to the closeness of the two countries." The Saudi minister said that "Greek businesses are active in Saudi Arabia in several sectors, as, correspondingly, our businesses in Greece are, and we want to see how we can expand and enrich this relationship."
wi1l
14/11/2019
19:28
Contact with tourist agents has shown that there is a growing interest in eastern Crete, but the problem of lack of beds should be resolved. hTtp://www.sitiapress.gr/ Sitia Municipality at the WORLD TRAVEL MARKET International Tourism Fair Sitia Municipality with the financial support of the Sitia Development Organization SA OTA participated in the international tourism exhibition WORLD TRAVEL MARKET, held in London from November 4-6, hosted as every year in the kiosk of the Region of Crete. The exhibition was attended and represented by the President of the Union of Sitia Hotel Hotels Mr. G. Kakourakis and the President of the Makry Gialos Rooms-Apartments Association Mr. N. Tzirvelakis. From the Greek side, the Minister of Tourism, Mr. Haris Theocharis, attended the service, a large number of tourism companies, tourism operators, Regions, Municipalities etc. This exhibition on the first day only concerned tourism professionals, while on the second and third days it was open to the public. A short meeting was held between the representatives of Sitia with the Minister of Tourism, Mr. Theocharis, with whom they discussed various issues of tourist interest and the issue of utilization of Sitia Airport. There were contacts with representatives of tourist agencies such as OTS, On The Beach, and Avra ​​Tours, who expressed interest in the Sitia area, but also briefed area representatives on the problem of the lack of airplanes which has started the last two years and it has been steadily increasing as many airlines and charter companies have gone bankrupt. A meeting was also held with the President and Commercial Director of the APOLLO agency which operates in the area. Contact with tourist agents has shown that there is a growing interest in eastern Crete, but the problem of lack of beds should be resolved. The small number of beds in Sitia but also in the Lassithi Prefecture is a deterrent to the launch of low cost charter flights in Lassithi. The prospects of attending the London Tourism Fair this year are moderately optimistic. A meeting with the commercial manager of the airline Jet2 will soon be pursued to explore the possibility of launching a flight to and from Sitia Airport. Next year charter flights to and from Sitia Airport, Sweden, Denmark and Norway from Apollo are scheduled. The participation of the Municipality of Sitia in tourist exhibitions abroad will continue in the coming months, targeting specific markets from which we expect an increase in visitors to our area.
waterloo01
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