Minoan Share Discussion Threads

[nick2412] 12/9/2018 10:53

Exactly Hugo.

There are three questions I ask myself. Firstly, is it in Hillside's / Zachery's interest to see a thriving share price after their warrants are converted / exercised into shares? The answer is a resounding yes. Secondly, is CS worth somewhere between 50m and 100m Euros? Again I believe that is the range and even at the lower end there should be a very decent return for shareholders. Thirdly, are Greek property prices increasing and is there likely to be strong interest? Yes prices are increasing and the board, albeit in their usual style of minimalistic communication, have highlighted strong increased interest.

I am with those that find the wait frustrating but the outcome could / should be very rewarding just based on the above.

[dazah] 12/9/2018 10:49

Pocket change buys. If there was someone in the know chasing shares (knowing that there is a 15p+ takeout or other corporate action) buyers would be chasing higher prices and weaker sellers would sell so I don't subscribe to that there simply are no shares and a deal is leaky leaky...happy to be proven wrong. Let's keep waiting boys and girls.

[hugothesecond] 12/9/2018 10:33

I told you so - small pockets of buys are all you can secure.

[dazah] 12/9/2018 10:32

Indeed Scotty. In my mind I'm giving just a short extra time and I'll pair down. I just see opportunistic buying at the moment probably driven by Twitter followers. If there was serious buying then the bid and ask would go up. Let's see...The saga continues :)

[scotty1] 12/9/2018 10:21

Agree dazah but the point is the mms are obviously short on stock and when news does finally arrive :)))

[dazah] 12/9/2018 10:20

I don't subscribe to the MM knowing more than a short time in advance as clearly that would be market manipulation and also if there was something in the wind we would see more sustained buying rather than the opportunistic buying on bored sellers who are selling. The current situation is that everyone is sitting on their hands as everyone has no clue either which way.

[hugothesecond] 12/9/2018 10:01

Patience is a virtue - something is about to hit this week and the MM know.
For a second day you can sell 300k at 4.9 and only buy 15k at 5.1.
If we see a few buys this will rise quickly.

[justjill] 12/9/2018 09:47

I see no point in contacting directors PJ, as any concerns would not impact on them.

The lack of clarity has gone on for far too long. Clearly, as we have often said in various ways on here, they just don't give a toss about ordinary shareholders. Though some of the bigger ones must surely be better informed?

And how could you believe any words that drop from CE's lips, when he is either unable or unwilling to use plain English, as most of us understand it. (And neither unable or unwilling is something he has any reason too be proud of).

So we wait. But news is imminent. Believe me. A bloke down the pub, dribbling down his shirt and slurring slightly while his eyes swivelled, told me. He said his name was Christopher. But even he looked to on-the-ball to be CE. :)

[scotty1] 12/9/2018 09:32

"As a matter of interest how many Posters and lurkers here have actually communicated with the Directors and expressed concern and dissatisfaction with the content of the RNS's and apparent and perceived lack of progress to date."

PJ Don't reckon i need to answer that one :)

[scotty1] 12/9/2018 09:31

My explanation would be simple dazah,the BoDs are totally incompetent and not up to the job,but it still doesn't take away the fact that CS alone is worth multiples of the current share price and there as been and is plenty of interest from parties in the said project.

[dazah] 12/9/2018 09:26

Scotty what is your explanation as to why it has taken the best part of a year to "wrap up" the T&L sale? Its a relatively small business not a pan continental corporation with 100s of subsidiaries with billions of pensions liabilities.

So why the extreme wait? So I suppose perhaps humour me here and Gill your thoughts would be appreciated why doesn't Zachary just call in the loan?

[justjill] 12/9/2018 09:18

Sadly, once again it appears to be: t..i...c....k-t..o...c....k, t..i...c....k-t..o...c....k

[scotty1] 12/9/2018 08:55

I believe the CS deal will be very attractive,it's just a matter of getting the Travel side wrapped up and done,tick tock ;)

sandcrab2,nope got out of Sound a long ago.

[justjill] 12/9/2018 08:53

I hope some of them read this - particularly CE, who in a sense takes responsibility for RNS text: whatever their professional short comings, our BoD appear to have little personal self respect, given the way they have behaved with upfront clarity to shareholders.

[dazah] 12/9/2018 08:35

The longer this goes on the less attractive I think the overall deal will be as the deal(s) should have been wrapped up at the very latest a month ago. I don't buy the Twitter view of there being no shares as indication of an RNS at the moment. I think the wait will continue for some time but then again like everyone else WTFDIK it's like the most intense game of poker with everyone with their most extreme poker face on!

[atlantic57] 11/9/2018 18:26

News is imminent Yawn !
Imminent news of heads of terms !

How long will it take to announce a sale.
The farce continues :))

[sandcrab2] 11/9/2018 17:24

Yes, disgraceful ramping Scotty

You still in Sound/ Coro?

[justjill] 11/9/2018 16:33

Re your second comment Scotty. I thought we had a NO ramping policy on this board. :)

[scotty1] 11/9/2018 16:15

Yep mms playing a crafty game wi the bastwards ;)not be able to hold this when we get the news in another 50yrs :)

[wi1l] 11/9/2018 16:13

Still can't buy any FWIW. mms sitting tight on what they've got for some reason.

[justjill] 11/9/2018 14:12

(At home in Chrissy's house)

Chris will you pleaseeeee come out of that toilet - the rest of us are waiting!

I'll be out soon. I promise.

You said that weeks ago!

Chrissy shrieks, Ooooh it's coming, it's coming, it's coming....

You said that weeks ago too!!!

Ooooh nooo, it's imminent now!! Aaaaargh.....

Days later they all gave up waiting outside the toilet and were walking down stairs and suddenly they heard a huge shout of exclamation.

Chris, shouted out, that he'd found a pound coin deep in his pocket that he thought he lost.

[scotty1] 11/9/2018 13:42

With a bit of Napoleon XIV chucked in :)