Minoan Share Discussion Threads

[pj 1] 19/9/2018 12:01

Add BMV today to that list, read that RNS and ask just why have they issued it when all it does is cover previous RNS and information in the Market

[atlantic57] 19/9/2018 12:01

Nick I agree with the logic of your comments on Crete.The Bod cannot comment
On this unless they are able to make a substantial comment as they don’t wish to give a running commentary.

However surely the sale of travel has been
A complete fiasco .Anyone would think they
Were bidding for Amazon.

After 9 months of faffimg around we have
Reached heads of agreement.

[pj 1] 19/9/2018 12:00

Nick2412
19 Sep '18 - 11:52 - 364 of 364Moderate | Ban

Also, it's important to remember that nothing gets by a nomad unless there is real substance to it.
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Sorry Nick, but that statement is totally incorrect. Refer to FRR, CTAG, GBO, QPP, AEX,SOLO,TRAK,SNT,MIRA the list is endless, and today bullsh*t RNS's even today from BST and FLX

[nick2412] 19/9/2018 11:52

Colin, frustrations with the wait on offloading travel aside, I disagree on your statement 'they have achieved nothing.'

I am sure the potential upside from Crete is why we are all here. After all, it's quite possibly ten to twenty times more valuable than travel but as yet not reflected in the price. That's why we are here. On this point their last statement on Crete showed increased interest and highlighted likely increasing values.

Let's see, but I think it's a massive pricing anomaly and once travel is finally offloaded that anomaly will correct over time or correct in one go if the outcome is a sale of Crete with an announced valuation.


Also, it's important to remember that nothing gets by a nomad unless there is real substance to it. As an aside, I don't think 'the city' is being a protective big brother to retail investors but uses that as a means of keeping important detail from investors.


So, in that context of announcements having to be scrutinised and justified before release, let's take a look at the last statement on Crete and it indicates substantial progress and an increasingly valuable asset:-

From the interims just a few weeks ago:-

"Greece

Activity in the purchase and sale of tourism based assets including hotels in Greece continues to increase.


The momentum of our discussions and negotiations with prospective partners and investors continues to increase, particularly in their depth. The current backdrop of positivity surrounding tourist assets in Greece gives the Board every reason to be encouraged when considering the value for shareholders and stakeholders. As I have explained previously, it is difficult to predict precisely the kind of transactions that are likely to be finalised but it remains true that one or more of the "partners" with whom we are working is likely to make significant financial contributions. The application of those "contributions" insofar as creating the optimum value for shareholders will be foremost in the Board's consideration as to the kind of partnership offer(s) to encourage."

[colinzeal] 19/9/2018 10:50

"Imminent" in Minoan speak could literally mean anything; I keep saying it but they've acheived nothing in months, literally nothing.

[justjill] 19/9/2018 10:36

Who is moderating the board now?

[atlantic57] 19/9/2018 10:21

Pji I agree with your comments.
If hillside can conclude a deal then that
Opens the door to the warrant bonanza should a deal on Crete go through.

That is the only that is keeping me in the stock.

Given the Bod record of incompetence I may
Be deceiving myself.

Particularly as the volume this week suggests nothing
Is happening

[pj 1] 19/9/2018 10:10

Compare the price action of NIPT before their significant RNS today, to that of MIN, and the so far failed sale of T&L, and anything concrete in Crete. Its quite rare,but not impossible, for the Market to miss things.

[atlantic57] 18/9/2018 11:04

What seems to have happened is that on Friday a number of traders believed a deal
Had been done.
They bought expecting an RNs on Monday
They have now moved on.

[waterloo01] 18/9/2018 11:04

One thing we know though is it's not because it's leaky just PI's losing patience and selling, although I do share the sentiment or lack of it.

[justjill] 18/9/2018 11:01

Dazah, that's exactly the sort of thing MMs like to hear.

They know that small companies like MIN have lots of short-term traders/holders with "greasy fingers" and will let go with just a wee nudge. And MMs know they will flog their shares for much more in a few days....weeks.... whatever

All the best!

[colinzeal] 18/9/2018 10:38

I don't blame you pal, good luck to you.

[pj 1] 18/9/2018 10:02

Its natural to value the Company at the share price, especially when its as volatile as it is, and clearly manipulation is being attempted.

Why don't they just suspend the share price until the T&L sale is confirmed one way or the other. Surely that would be fairer on genuine share holders?

[dazah] 18/9/2018 10:02

Well full disclosure I'm out! Had enough. Good luck to you lot, the wait has gone on far too long. If you double or triple your investment well good luck to you all you all deserve some pay off but as time goes on I am not too sure.

[justjill] 18/9/2018 09:59

Wonder is this Nigel getting rid of his "little parcel" (of MIN shares) he didn't say in his Sunday piece if he had yet sold.

So we talk it up over last few days, and now a few sellers, and the MMs mark it back down.....ooooh well news could really be soon. We'll see - if we live that long! :)

[jamdan1] 18/9/2018 09:59

What's shocking is that the BOD have used phrases like " creating shareholder value" and " that this year will be transformational for shareholders" yet all they have done is destroyed shareholder value. I have no faith that the next move will be of benefit to shareholders

[justjill] 18/9/2018 09:50

Don't worry its IMMINENT – and certainly much LESS than WEEKS away – and it will be TRANSFORMATIONAL. (But that might just be Chrissy resolving a number two issue)

[atlantic57] 18/9/2018 09:48

Very Dissappointing Scotty
You really have to wonder what is going
On behind the scenes

[scotty1] 18/9/2018 09:39

Failed again,Well done once more to the BoDs.

[tengents] 18/9/2018 09:36

You mean pared... sorry

[dazah] 18/9/2018 09:32

I had 400k shares originally bought early Aug mate. Thought it would happen sooner so delay always means negative consequences so down to 100k now happy to lose or double.