Share Name Share Symbol Market Type Share ISIN Share Description
Minoan 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
  -0.125p -1.47% 8.375p 8.25p 8.50p 8.50p 8.375p 8.50p 146,590 16:08:41
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 7.3 -2.3 -1.2 - 17.71

Minoan Share Discussion Threads

Showing 12576 to 12598 of 12600 messages
Chat Pages: 504  503  502  501  500  499  498  497  496  495  494  493  Older
DateSubjectAuthorDiscuss
20/9/2017
16:27
Buyers arrived on that dip and MM's bidding on line for decent sized trades as well. Are there more buyers waiting or MM's getting a sniff of something.......we can hope I guess 😊
yorgi
18/9/2017
14:28
Or Foundation (unless they are the same entity). Lot's of parties, lots of $$$ so no doubt everyone want's to squeeze a bit more out of it! Maybe nothing, just speculating have been through a few DD's in my life.
waterloo01
18/9/2017
14:26
Would an interested party tried to improve the contract with the monastery? That is one possibility.
costapacket1
18/9/2017
13:51
Unless something has come up in due diligence that's causing a problem, they will and have do a deal. The question is what's it's size and shape!
waterloo01
18/9/2017
13:27
Agreed Atlantic. Some care home will probably get mine, and that won't be for a long time yet! :) / :(
gerhart
18/9/2017
13:08
yes all well and good gerhart maybe our children will reap the benefits given the speed at which min work..
atlantic57
18/9/2017
13:01
Thanks for the snippet Scott. I am certainly disappointed that they have not put some form of reassuring words out. Though I am not sure we should really be surprised. During the whole approval process they have been slow to update shareholders. Peeps on here, including Scotty, have provided more timely relevant info! All we can do for now is be reassured by the fact that we have a hugely valuable asset - the value of which is no where nearly reflected in share price I guess BOD are playing cards close to chest. Late entrants may have also complicated things. But even if BOD screw up the negotiations, and I don't think they will, in the end the value of the Co will still be much more than today....it could also simply be a take over by one of the big operators. The BOD will probably work to avoid that as they probably wouldn't be needed.
gerhart
18/9/2017
10:20
Scotty you have called this correctly over many years.The concern has to be that the Board are not progressing talks to an Advanced state.
atlantic57
18/9/2017
09:40
atlantic i am beginning to think you are probably right re placing and that the recent selling as been a bit of forward selling,BODs really ought to let the market know something about whats going on in the background and with who they are in talks with,spoken with BC and told him the BOD are treating investors like mushrooms and all i get is "we'll say something when we have something to say" it's not on imo and i'm fast loosing patience AGAIN.
scotty1
18/9/2017
07:36
Hugo I hope you are correct but I suspect a placing will be announced before any deal for "working capital".
atlantic57
15/9/2017
15:24
Guys you need to be patient - the BOD have only one chance of getting this right for shareholders and I believe that any announcement(in Oct)could be linked to a senior Greek delegation coming over to the World Travel Market in London in early November to drive future tourism demand to Crete. An announcement I suggest will therefore could come in October in readiness for this visit to the UK.
hugothesecond
15/9/2017
15:16
I suspect the 1st we will hear is when it's done.
waterloo01
15/9/2017
14:23
Gerhart i agree with you ! If the board are having substantial talks they should be in a position to say something.
atlantic57
15/9/2017
14:10
Yorgi I agree to with Costa's comments. The silence might be because so much is happening behind the scenes. But I think after such a long struggle, and a period of 3 months since formal end to all legal appeals, I don't think it should be beyond the BOD to put together something that, while doesn't breach confidential details of talks or who with etc, could give shareholders a clear idea that things are actually moving forward in a positive profitable way.
gerhart
15/9/2017
13:32
And some :-) It looks like someone's patience is running out that they have other ideas for their £1700 !
yorgi
15/9/2017
13:24
You need the patience of a saint:))
atlantic57
15/9/2017
13:06
Very pertinent posts and I'm sure we are all becoming increasingly frustrated by the lack of news on progress towards seeing the "project" moving towards fruition. However without anything of substance to support a contrary view I remain like I believe the rest of us that we are undervalued. Also worth keeping in mind something Costa posted yesterday "Silence doesn't necessarily equate to nothing happening." Which I'm quite sure we all hope is definitely the case.
yorgi
15/9/2017
12:44
Surely the last raise of £450k will see them through to whatever deal they do. They will also need to find the £3.9m (soon?) in addition to the £5m by Dec, so they surely must do a deal soon. They also have been a number of shares issued at 8p/9p/10p to creditors, which with the liquidity here must be acting as an overhang.
waterloo01
14/9/2017
16:05
Remuneration should have been lowered with delays, main reasons for cash flow issues.
costapacket1
14/9/2017
15:12
gerhart more or less as you have said people privvy to be included in a placing lets say in MINS case 7.5p forward sell the shares they already own knowing they'll get them back in the placing at 7.5p thus making a profit on the ones they already own.Not saying that is whats happening but unless they can come up with news pretty damn quick a placing is on the cards imo.
scotty1
14/9/2017
14:08
I always thought the BOD should have had a placing ready for when they got full clearance. But a placing at a premium! Just as a signal that, someone with dosh, believes in the story and willing to pay a premium, cos they know very soon they’ll still make a profit. Not sure how this forward selling works Scotty. Do you mean peeps already holding shares, being promised further at known discounted price, so they sell some, or all, of what they own, knowing the price is likely to fall, so they can buy back cheaper if they want then? Certainly the 50K dumper seems to have upped the stakes over last few days. Crossed my mind, is someone in a position to short shares here and is doing so in order to stop the share price shooting up just yet? Probably not.
gerhart
14/9/2017
13:56
Silence doesn't necessarily equate to nothing happening. Cash flow is always a concern and small travel acquisitions are always possible, so placing has never been far away - for years. The negotiating point is valid and slightly like an option as the clock ticks down. The loan could extend and pretend which I would consider the worst option. We have had enough dilution, one way or another. This is all counterbalanced by the rarity of the approved land. If you could pick from a map an untouched piece of land in Europe to build a resort, this plot would definitely be in the mix. You simply cannot do that approvals are hard to come by. Minoan are offering a skipping of the whole expensive, lengthy and risky process. No doubt, with continue relations to Govt. thrown in. Booming tourism country and island, large untouched approved plot, long season, no terrorism, sustainable food area, largest palm tree beach in Europe, higher value golf tourism, new airport, etc, etc. Every point cuts down the options with regard to a competitive land option. How many spots in Europe match this? My primary concern is preservation of capital and the risks have vastly diminished this year. Silence MAY be the result of tough negotiation with several suitors, we don't know. What is clear is that we will find out within a few months. Best option for me is an announcement of a quick auction.
costapacket1
14/9/2017
13:19
Md I agree the bod have to provide some substantial evidence that have the ability To negotiate a good deal. I am afraid warm words are meaningless
atlantic57
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