Minoan Share Discussion Threads

[fireplace22] 28/6/2020 10:50

Never mind the scoffers, the bloody apostles are asking the same question.

[wi1l] 27/6/2020 08:30

FWIW since 6th April (where there was a prolonged period of shortage of shares to buy)
there have been 9,036,283 shares bought and 8,974,500 sold so apart from 61,783 shares its still about level. MM's dusted off another (approx) 500K shares found at the bottom of the settee so IMV must be in credit by about 0 to 500K shares but any sustained buying interest will soon see to them. And what happens after that?....................

[mdvorkin] 24/6/2020 12:46

Is it really necessary to moderate the comments that people are making. Many of us have been here a long time and are totally out of pocket on this investment, so can I ask the moderator to consider their way forward. Especially as we know who you are.

So, we also now have some who are quite happy to put a hand-down for me. Thank you so much.

Maybe we will soon get company update, but on what I have no idea, especially as we have waited for so very long.

[daicaprice] 24/6/2020 07:09

Silly me for even thinking it.

DC

[daicaprice] 23/6/2020 16:23

Maybe RNS lodged for tomorrow, let’s keep fingers crossed.

DC

[wi1l] 23/6/2020 16:19

Thats strange, no volume and the offer goes up to 1.35 for no apparent reason.

[bean02] 23/6/2020 08:59

Well I've added and crossed everything lol

[wi1l] 23/6/2020 08:19

Success here may be just round the next corner atlantic, as always!

[atlantic57] 23/6/2020 08:07

Will with respect the posts you are posting on a regular basis only underline the one question.


Why are Minoan unable to obtain a single offer for any part of the site.?

many pi will be like me sitting on a huge loss and considering whether to take the loss or hope that the loss may be reduced,

[wi1l] 23/6/2020 07:41

FWIW - Just also had a look at Simply Wall st and they've updated the shareholdings as of 1/4/20 and despite everything there hasnt been a mass exodus in fact quite the reverse although a company called INFH Inc had 8M shares previously and theyve disappeared but HSBC Global Asset Mgnt have gone up by 8.4M so they've possibly tfrd into there. Or maybe they were the seller but no longer feature so if they were then they've moved on now.

Apart from that those shares held by individuals/Companies have more or less stayed the same accounting for about 50% of the share capital.

Other than that the shares held with nominees have more or less all gone up over the period (Oct 19 to April 20) HSBC Global Asset Mgmt & Hargreaves Lansdown the most by 8.4M & 5M respectively, then Brewin Dolphin 2.8M, then A J Bell 2M so encouraging as it looks like the normal PI is adding.

The opportunity is there for all to see, the conditions improving daily, investment in tourist related projects still made, developments starting, only one question to be asked......................

[atlantic57] 23/6/2020 07:07

Well what a surprise no rns

Maybe the end of this week or next week or the week after.

This is rerun of the travel sale.

So I would expect zechary will clear us out again...

[wi1l] 23/6/2020 06:36

Minoan appear to be getting left behind.

Another shame.

Investments Have Launched in Greece, Says Development Minister



Around 15 investment projects are currently underway in Messinia, Argolida and other areas in Greece, Development Minister Adonis Georgiadis said on Monday.

[wi1l] 23/6/2020 06:30

If Only:

Kilada Project: €400m Tourism Investment Kicks Off in Greece



But wait:

Minister: Golf tourism attracts visitors all year round.

“Such investments are at the heart of our strategic planning for tourism, which aim to attract visitors all year round and golf investments are primarily investments that offer tourism 12 months a year"

Minoan have planning permission for a golf course.

Not that its ever mentioned.

Now that is a shame.

[microscope] 22/6/2020 22:21

If it wasn't for Egleton's track record, I'd have a modicum of sympathy for their current predicament.

A refinancing package can take a while to put together at the best of times with the legal small print etc, so I understand that, but when a loan is due on April 9th and there is no clarity in late June, it inevitably makes shareholders wary.

They probably need a higher shareprice to improve the Board's bargaining position, but without some form of clarity on the loan, people are likely to be wary of investing.

Catch-22.

[daicaprice] 22/6/2020 09:16

My expectations are identical atlantic, terms of the loan refinancing should be shared by now.

DC

[atlantic57] 22/6/2020 09:06

Dc if we get a timetable or firm interest to sell anything I will be delighted.

Based on past performance over 7 years I am expecting .

Loan refinance agreed .

Warm words that we are on the verge of something at some point in the future

More dilution

[wi1l] 22/6/2020 08:34

At least we didn't get one 4.30pm last Friday.

[daicaprice] 22/6/2020 08:29

Mid morning they don’t like early mornings.

DC

[atlantic57] 22/6/2020 08:26

Keep holding your breath dc and have low expectations ,then you won’t be disappointed .

[daicaprice] 22/6/2020 00:11

Come on MIN, todays the day to clear up the loan issue and give us the clearest timetable yet.
Holds breath.

DC