Minoan Share Discussion Threads

[atlantic57] 04/1/2019 11:59

Wi I agree your comments.

However that confirms

A Having chats with Ce
B listening to rumours that various parties are interested in the project
At values of x million


Is of no value.

Until such time as someone makes a formal offer we have nothing.Meanwhile the clock
Ticks on and of course min always do things at Snails pace.

We await that RNs

The biggest factor in our favour I feel
Is the age of ce.He has very little time
Left to get it over the line.

I’m sure he does not want to hand the asset over to Zechary and assume he wants
To enjoy his retitement.

Cs is a prize asset and someone will develope it.

[wi1l] 04/1/2019 11:32

They seem a little reluctant to issue RNS which isn't a bad thing because at least you know its important if one is actually issued. My understanding is they will issue an RNS if they get a formal offer from the interested party(ies) - therefore an update on progress won't help as it will also update other interested parties still negotiating which wouldn't be very appropriate.

[pj 1] 04/1/2019 10:19

Also remember they are in NDA, or at least I assume they still are as per RNS.

[atlantic57] 04/1/2019 10:16

The Minoan Boards negotiating stance is not something I have ever come across in my life.

I assume that if they get any substantive interest they are duty bound to make an rns.

Based on my experience in 2018 I would attach zero value to stories about various parties being interested.

In 2018 there was allegedly interest at up to 110 million pounds.

Remember we were consistently told that the travel division was the the big block.
They were allegedly in talks to sell that division for 10 months.If that story was true,it is a reasonable expectation that they would have opened up talks with third parties for the sale of cs.

Forget rumours give us and an rns without that Mr MARKET has no interest

[pj 1] 04/1/2019 09:57

Best to ignore it unless they can supply the source of the story. I'll wager a Pint no source is disclosed.

[fireplace22] 04/1/2019 09:50

Been suggested on LSE that McDonald Resorts based in Scotland and interested in high end Hotel development may be interested in Crete as a gap filler to accompany their ultra luxury portfolio in Spain and Portugal? This on anyone's radar?

[atlantic57] 04/1/2019 09:37

We need to hear from the board by the end of the month.

If we hear nothing it is reasonable to assume that they are not making any substantive progress.

A number of rumours surfaced in mid 2018 about possible deals but nothing was announced.

Mr Market wants tangible evidence of progress.

[atlantic57] 04/1/2019 08:53

Dc 15 p is a modest price target compared
To the valuation of 100 million Euro’s.
So in that sense it is achievable.

What do you make of the options at up up
To 9p being cancelled.

Is it reasonable to conclude that they thought the optons were worthless.

No doubt if we knew the detail the directors are battling against many factors.However the only metric to judge them on is results,which to date speak for themselves.

[daicaprice] 03/1/2019 23:03

edited

DC

[pj 1] 03/1/2019 21:05

Well, I've had a good search of twitter, and I cannot find any evidence whatsoever of any ''ramps'' or ''false news'' since the 31st December.


The usual suspects who have previously been a party to fake news have been very quiet. I could have been blocked by them all off course and hence can see nothing...…

The simple fact VOX Markets are involved with Align and the article though must also raise concerns..

[yorgi] 03/1/2019 18:30

Also long suffering MIN shareholders rewarded for their often well overstretched patience !

[yorgi] 03/1/2019 18:15

I hope Align gets this sorted promptly as it is not doing MIN or themselves any favours publishing and promoting a second time with such glaring errors.


Despite this it does contain a lot of detail which goes a long way to show what a prize Min has in Crete and how out of sink our market cap is compared to the value or potential value of CS over the longer term.

It is down to the BOD to sign the necessary deals/contracts with partner/partners/investors to take CS forwards and then at long last become a reality.

[wi1l] 03/1/2019 18:13

Yes its a shame as the original in April was a valid effort.

Seems like its a draft still. At the important bit and this time they weren't sure whether to use creditable or credible!

"The company was also able to announce recently that an approach had been received from a creditable (credible?) third party which was interested in acquiring a significant stake in the project".


Icould go on as the numbers are slightly adrift I think.

[pj 1] 03/1/2019 18:10

I've managed to recover the copy I deleted and it is now the same.

[yorgi] 03/1/2019 18:01

So unless someone from Twitter has hacked the Align website then it is genuine but sadly someone not edited it properly. Poor show on what is a comprehensive report.

[yorgi] 03/1/2019 17:59

It’s from the Align website. It was promoted by VOX this morning at 9.26

[yorgi] 03/1/2019 17:57

Still a big error on page 7, “operations221;

[pj 1] 03/1/2019 17:56

hmmm im unsure now what's going off, I hope its not another ''twitter'' doctored document

[wi1l] 03/1/2019 17:54

PJ it seems the same update to me, where does it differ?

[pj 1] 03/1/2019 17:54

This isn't another ''twitter'' doctored document is it by any chance?

[yorgi] 03/1/2019 17:53

There does appear to be different versions.....I going to check again.

[yorgi] 03/1/2019 17:52

You are right Will.....still not edited

[pj 1] 03/1/2019 17:52

Maybe I shouldn't really mention ''corrupt'' lol

[pj 1] 03/1/2019 17:50

wi1l, mine is different! Maybe they had corrupt links?

[pj 1] 03/1/2019 17:47

A much improved Align research note for anyone who does not follow the other thread.



A quick read indicates to me the chances are a number of partners will be brought in to develop the site, and not an outright sale of the assets. Maybe interested suitors have not played their full hand yet though.