Minoan Share Discussion Threads

[pj 1] 10/8/2018 10:21

verisonal- when I spoke to them they wouldn't confirm that if so it would need to be RNS'd, all they stated was that the RNS was controlled by the Nomad/broker.


LOB imo

[atlantic57] 10/8/2018 10:17

No need to speculate we have to be updated by the bod within the timescale alluded to by Scotty.

This in turn ties in with the 31 8 18 deadline.

[wi1l] 10/8/2018 10:15

Even if the sale doesn't go through they still have a profitable T&L business that makes a contribution to their working capital. The market just doesn't seem to like the two businesses running together under one banner, however if you split the two up (which is what they are more or less doing) you have Stewart travel Ltd operating the T&L business worth between £6M to £8M and Loyalward Ltd operating their CS development worth anything up to £100M. The Hillside loan being the only downside but with those assets they should be able to come up with renegotiating the terms or an alternative. All IMHO.

[verisonal] 10/8/2018 10:07

Wouldn't "another buyer" would have ended the exclusivity period and be "news" that required to be reported?

[scotty1] 10/8/2018 09:36

Pj if they have gone with another buyer I believe it will be a better deal and will clear the debt,I would imagine all will be revealed by next Wednesday at the latest,aimo of course.

[waterloo01] 10/8/2018 09:23

That's a certainty as that's what they have said.

[pj 1] 10/8/2018 09:21

I'd now bet any 'deal' that does complete will not clear all the debt.

[pj 1] 10/8/2018 09:20

colin- IMO that deal has fallen through, and they are trying to progress something else. That is the only thing that can explain the delay and the lack of any update in the last RNS. They haven't the balls to inform the market imo, and hid behind blaming the NOMAD for stopping them saying what they 'wanted'.

[optrade] 10/8/2018 09:12

At least you can read SHAREHOLDER

[colinzeal] 10/8/2018 09:06

"The Board expects that the Company will be in a position to exchange contracts in respect of the sale of STL in the next few weeks" - RNS 2nd July. It's now 10th August!! Useless. Utterly useless.

[optrade] 09/8/2018 16:10

they will take us out for 25-30p a share and thats still ultra cheap

[waterloo01] 09/8/2018 15:51

They sure are taking it to the deadline. What happens if they cross it? What will Zachary do?

[kmann] 09/8/2018 14:32

Mr/Mrs 50k at it again, Its probably one last attempt by Align or Mrs L A Adams to add. They know how to work it imo.

[optrade] 09/8/2018 13:59

bells we know exactly who and what the relationship is read the the rns scaremongering yet again the thread is a pile of sh-te

[microscope] 09/8/2018 13:49

Intrigued by the reference in the recent RNS to 'Zachary' so had a look around. Jersey based, but the only Director I could find was a Robin Haller, also linked to Hillside (as the RNS indicated).
Could be coincidence entirely, probably is, common enough name in truth, but the name Zachary rang a couple of bells to very similar names. :)

[philby1] 09/8/2018 12:42

There's lots of us desperate to exit here :(

[pj 1] 09/8/2018 12:38

SomEone is desperate to exit

[head gardener] 08/8/2018 14:17

What an idea, the bod and a mine shaft?

[scotty1] 08/8/2018 09:42

hxxp://www.dealnews.gr/roi/item/235174-Mε-τον-αραμπ^0;-οι-Fast-Track-επενδ 73;σει;ς#.W2qry5_TU1I

With ... arabas Fast Track investments
First Published: Wednesday, 08. 08. 2018 - 09:35

On the shelf



However, while the two projects that joined this year seem to be on track, among the others (out of a total of 14 projects that have joined since 2010) most have been on paper. An example is the investment in the Thrace mines (creation of mining facilities for the mining and exploitation of gold mining in Alexandroupolis Municipality in Evros, approved in 2012). The company is 100% owned by the Canadian gold mining company Eldorado Gold.



The investments that have been approved include the production of electricity through the development of photovoltaics (2 investments by SOLAR CONCEPT SA of Dimitrios Panagakos, one of KOELOUZOS SILSIO PHOTOBOLTAIKA PAPKA SA and one of BRITE HELLAS).



There is also a number of investments in the tourism industry from "Loyalward Ltd." (a subsidiary of the Minoan Group listed in London), PRAVITA ESTATE, MIND-COMPASS OVERSEAS SA, KEPAMEIA SA and ELOUNDA HILLS. Certainly LAMDA OLYMPIA VILLAGE SA, the shopping and entertainment center THE MALL ATHENS, which was approved in June 2014.

The 8 new applications for membership

CAPE THOLOS LUXURY RESORT Creation of a complex tourist accommodation in "Tholos Xylofotes Schinias", Kavousio, Municipality of Ierapetra, Crete, by the company "AMBERLAND SA"

[pj 1] 07/8/2018 23:20

I suspect that most posters here are prepared to wait until ''kingdom comes''

I am also sure that the BoD's are aware of that fact hence the lack of any business developments since ''......''

[atlantic57] 07/8/2018 18:24

I wholeheartedly agree that waiting 3 more weeks when we have been waiting years is no big deal.

It is reasonable to await the Rns and then meaningful comments can be made.

[optrade] 07/8/2018 14:29

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#MIN #MINOAN GROUP traders putting their towls on the deck chairs early before the next announcement