Minoan Share Discussion Threads

[dave4545] 26/4/2021 12:28

Worst limits anywhere, but limits can change.

Cannot sell 50000 online but can buy 2,500,000 at 1.29

they are printing them

[daicaprice] 26/4/2021 10:52

He did and if he’d got up earlier he could have got them cheaper.

DC

[hugothesecond] 26/4/2021 10:50

Looks like he took it DC!

[daicaprice] 26/4/2021 09:54

Not even the t traders risking positive news this week by the looks of it, I am expecting my youngest to take a few when he surfaces, @1.27 it’s worth the punt on risk/reward was my advice if he takes it!

DC

[daicaprice] 26/4/2021 07:47

I thought so.

DC

[hugothesecond] 26/4/2021 07:09

Yes you are DC

[daicaprice] 26/4/2021 06:35

Morning all, hoping for an enlightening week starting today with a clear view of the rest of the year, eloquently put together for us by Christopher on behalf of his BOD.

Am I still delirious after a weekend of sun and wine?

DC

[wi1l] 25/4/2021 11:59

Greece

While Greece has not escaped the effects of Covid, particularly on the 2020 summer season, the Greek Government has been proactive in attempting to mitigate the effects on inward investment by building on its more investor friendly approach. This has included simplifying the framework of the planning process in order to improve the quality of Greece’s tourism offering.

In addition, the recent enactment of legislation to encourage retirees to settle in Greece through a very low flat tax rate of 7% is likely to have an extremely positive effect on the residential tourism market as a whole.

[rafboy] 25/4/2021 11:55

Well let’s hope we hear about plans very soon. I would expect an update with the results that should come out this week.

[wi1l] 25/4/2021 11:51

From the Chairman's statement 17/08/20:

The nature of the Company’s Project in Crete, covering over 25sq km with its 28km of coastline and unending sea views, is such that it is able to accommodate the spatial demands that appear to be emerging within the tourism industry as it adapts to a post Covid world. Taken together with the fact that the Project’s flexibility, as highlighted in the outline planning consent and overall plan, has always been to
create space for its visitors, using under 0.05% of the land for building, we believe the post Covid demands add to the attractiveness of the development as a whole.

And 22/03/21:

The Company is continuing to advance the Project on a number of fronts in response to the predicted changes in demand driven by changing tastes and Covid-19. We continue to work with our partners in the Foundation to ensure the Project works for all parties and to optimise the opportunity for shareholders.

Indeed, many of the changes we see in the sector are in the requirements for environmentally sound developments with significantly increased demand for personal space, which appears to be one of the first indicative market trends, especially in the upper and luxury segments of the market, and to which the Project is, and has always been, ideally suited.

[wi1l] 25/4/2021 11:34

From the Chairman's statement 31/07/19:

A summary of the key points and attributes of the Project is set out below:

• The Company has un-appealable, outline planning consent for a development set on a 6,000-acre plot within a peninsula site with 28 kilometres of coastline on the island of Crete;

• The consent is for a “complex resort”, allowing its construction to be split across five main locations within a master plan that will create a project that will be largely invisible to the casual observer;

• It will be one of the most environmentally friendly and soft-impact major resort projects in Europe with a build footprint of less than 0.5% of the total land package. Through this and other criteria, the project will be a significant milestone for tourism in Greece;

• Travel infrastructure in the area continues to improve steadily. The main road along the North Coast running from the Cretan capital, Heraklion, to Sitia in the East has been upgraded further, particularly in the East, thus continuing to reduce journey times;

• Sitia International airport, which is adjacent to the site, is fully operational taking flights from various European cities and is itself benefitting from the improved transport infrastructure, thus increasing its own catchment possibilities.

[hugothesecond] 25/4/2021 09:41

Tomorrow morning will hopefully set scene moving forward - there has never been a better time for MIN so lets hope that after many false starts we have a strategy for the future that can be delivered.

[waterloo01] 23/4/2021 18:30

lol I recon someone's panicked and sold out!

[hugothesecond] 23/4/2021 18:18

Trade of 7 shares this afternoon is probably a market makers trading signal - anybody know what it means ? Could be getting ready for action on Monday morning.

[microscope] 23/4/2021 13:53

I know they gave 21 days notice of AGM, which is fine, but thought results had to be out a week before nonetheless. Perhaps Covid protocols mean there's some leeway with that, not seen that though.

[atlantic57] 23/4/2021 10:51

The Company will have published its results for the year ended 31 October 2020 in the second half of April before the Annual General Meeting.

Minoan Group Pl c announces that its Annual General Meeting will be held at 10.00 a.m. on 30 April 2021.

[daicaprice] 23/4/2021 07:22

Looks like we go into next week before the update, I was a bit worried with the lack of activity (not that you could sell any) yesterday as in my experience once an update is written you start to see leaks and a different trading pattern to give an indication of its mood.
Could do with some buying today to help me rest easy over the weekend.

DC

[wi1l] 22/4/2021 07:38

Greece is a ‘Tourism Brand’ to Invest in, Says GNTO President



Greek National Tourism Organization (GNTO) President Angela Gerekou on Thursday informed professionals from five Arab countries of North Africa on the advantages that make Greece an ideal destination for tourism investments.

“The need for safety, contact with nature and authentic – experiential experiences, as well as the search for new, alternative and quality destinations that follow the principles of sustainable tourism development and respect the environment, are the main reasons to invest in the tourism brand of Greece,” Gerekou said while speaking during an online business meeting organized by the Arab – Hellenic Chamber.

[boliviana] 21/4/2021 14:54

I'm not going anywhere either DC, I agree handsome, glorious call it what you like but a good profit from here.

[daicaprice] 21/4/2021 14:50

I’m going nowhere until I see a handsome reward but I do enjoy looking in and trying to judge the availability levels of both buying and selling.
I’m currently in limbo waiting for transformational news in both my by far largest holdings, the other however I am already up 30% and it does tend to move quickly within its current trading range so can be entertaining.

DC

[boliviana] 21/4/2021 14:49

They don't even want 25k now DC !

[boliviana] 21/4/2021 14:42

Looks that way DC. Until that large sell dropped a couple of days ago the MMs were bidding on 600k but now diddly squat which you point out.

News is coming any day and that should liven things up.

[dave4545] 21/4/2021 13:51

No overall seller, just impatient pi's who gave up, the mm's know their market and that is why they did not spike or need to spike the stock, they sell as many as they can above 1.3p and some near 1.4p then just sit back and wait for the same people to sell them back to them for 1.22p

[daicaprice] 21/4/2021 13:34

Still a seller around, can’t get a quote to sell over 25k and then only @1.2p, I assume you can get a quote to buy plenty at a nice profit to that figure.

DC

[hugothesecond] 21/4/2021 09:19

Friday morning likely for results - week before AGM.