Minoan Share Discussion Threads

[atlantic57] 01/2/2020 12:06

Dc you will have ample time to fill your boots.

The current share price action suggests :

A There is no sign of any deal being signed in the near term

B There is zero appetite in the market to back Ce ahead of an rns statement

[atlantic57] 01/2/2020 12:03

As the clock ticks down to 9 April all possibilities are on the table.

A Ideally a substantial offer for the whole site

B a realistic offer for part of the site ( much less attractive than a )

Any form of re financing without a signed deal being announced is unattractive.

Time will tell where we end up.

[wi1l] 01/2/2020 08:37

And of course yesterday's drop in the share price allows one to buy in at a far lower level IMV. The seller helps even and maybe only adjusting to fill his/her ISA up.

One month gone, no news by Rns.

Getting closer and closer to realising shareholder value.

[wi1l] 01/2/2020 08:00

The seller's keeping everyone on their toes!

Even with yesterdays effort momentum is still building. Take the last four months:

Oct buys 1.75M sells 1.25M net 0.5M

Nov buys 2.32M sells 2.65M net (0.33)M

Dec buys 4.65M sells 4.80M net (0.15)M

Jan buys 7.73M sells 6.45M net 1.28M

So even with yesterdays effort included the buys had it for Jan by 1.28M and at Jan 30th they were ahead by 2.44M which, had it not been for yesterday, would have shown significant momentum moving into February.

[wi1l] 31/1/2020 17:56

By my calculations we were on the right side of buys for the month by 1.3M despite the end of the month flourish today, which incidentally the mm's gobbled up quite happily.

[pinkfoot2] 31/1/2020 17:05

You can count on Yorgi with his running commentary to dilute things-bottom line is nobody has a clue but your analysis of dates and events is spot on

[yorgi] 31/1/2020 15:33

Back to where we started yesterday if not a bit below.

[yorgi] 31/1/2020 10:23

Yesterday’s lack of selling was too good to last 😊

[daicaprice] 30/1/2020 22:09

In my time here, we will get some serious interest before an RNS and I agree with atlantic, I just wish one of my others would release and I could rack a few more up.

DC

[atlantic57] 30/1/2020 21:48

Pink foot all will be revealed shortly because it has to be ,the 9 April is looming.
I suspect based on past form the announcement will be at the last minute march as I said in the previous post.

The lack of sustained volume buying suggests that we are still not at the point of actually signing off anything.

in my experience there is usually leakage..

[pinkfoot2] 30/1/2020 20:15

Only 5 posts from Yorgi today and the share price still went up.Must be a good sign

[yorgi] 30/1/2020 15:27

It seems that last 77k buy nudged the share price up.

[yorgi] 30/1/2020 15:26

Ok...... It has moved up now :-)

[yorgi] 30/1/2020 15:25

Steady buying today but no movement in the share price although later buys paying slightly more than early buys.

[atlantic57] 30/1/2020 13:23

The Bod will have to report to us by 9 april which in min time is not long

[yorgi] 30/1/2020 11:08

Hopefully that will soon change 😊

[yorgi] 30/1/2020 11:07

Plenty of good news related but still nothing from our BOD unfortunately.

[wi1l] 30/1/2020 09:56

From the 31/10/18 accounts - chairman's report

New Design Team

After lengthy discussions, which started in the summer of 2018, we have been able to appoint an internationally recognised team of designers, architects, and planners (the “Team”) to provide designs and plans, which themselves will enhance the site’s natural attractions to partners. The Team includes, inter alia, Desani, an internationally known design consultancy with offices in Los Angeles, Chicago, London and Athens, Vassily Laffineur an Associate at the award winning architects, Renzo Piano Building Workshop (the Workshop), plus the renowned group of master planners at Chicago Consultants Studio (CCS).

Both Desani and the Workshop are experienced in Greece, where the Workshop were the architects for the Stavros Niarchos Foundation Cultural Centre in Athens, a €566m project completed in 2016 and gifted to the Greek state in 2017.

For Itanos Gaia the task has been to create an updated master plan plus contemporary and high-end plans for the villas and hotels within the Project. These designs, under the new title the ‘Cloisters of Toplou’ (a name derived from the beautiful cloisters within the Holy Monastery of Toplou whose donation of land made the Project possible), have been released to selected international clients of the Team who have expressed an interest in partnering with Minoan for hotel and or villa development. The reaction has been very positive and discussions continue.

[wi1l] 30/1/2020 09:45

Spot the connection.....

Visitors to Stavros Niarchos Foundation Cultural Centre reached 6.3 million in 2019



The number of visitors to the Stavros Niarchos Foundation Cultural Centre (SNFCC) continues to rise and reached a total of 6.3 million in 2019, three years after its handover to the Greek state.

The initial plans drawn up by the Stavros Niarchos Foundation prior to its delivery envisaged some 700,000 visits a year.

[wi1l] 29/1/2020 20:51

Tax deposit discount proposed for firms making investments

www.ekathimerini.com/248867/article/ekathimerini/business/tax-deposit-discount-proposed-for-firms-making-investments

Companies making plans for investments could look forward to a reduction of taxation by 30 percent from 2021 if Greece’s creditors approve a government proposal for utilizing the profits of eurozone central banks from Greek bonds (SMPs and ANFAs) for investment purposes.

The government proposal also includes certain recommendations about major state projects for funding, such as the Northern Crete Highway, as well as some digital projects.

[yorgi] 28/1/2020 21:45

Quite possibly DC there still seems to be someone or someones wanting to sell most days. At one stage today the online bid was looking encouraging in the quantity that was being bid.

[daicaprice] 28/1/2020 16:17

And the bid has dropped since 1st trade this morning, must be a biggish sell order in.

DC

[daicaprice] 28/1/2020 15:55

Nice little lump taken there but still not having to pay full.

DC

[wi1l] 27/1/2020 06:55

Tax deposit discount proposed for firms making investments

www.ekathimerini.com/248867/article/ekathimerini/business/tax-deposit-discount-proposed-for-firms-making-investments

Companies making plans for investments could look forward to a reduction of taxation by 30 percent from 2021 if Greece’s creditors approve a government proposal for utilizing the profits of eurozone central banks from Greek bonds (SMPs and ANFAs) for investment purposes.

[wi1l] 27/1/2020 06:54

International groups boost realty sector

www.ekathimerini.com/248866/article/ekathimerini/business/international-groups-boost-realty-sector

Foreign groups have carried out investments worth tens of millions of euros in 2019 for the acquisition and development of properties in Greece. These are groups that came, saw and decided to invest in the local realty market, acknowledging the significant prospects of future capital gains.

This influx of funds is proving valuable in helping the local market recover from the considerable investment shortfall of the last decade in property development, as – with the exception of a handful of companies – Greece has been left with few important players who are in a position to design and finance major investments.