ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

MIN Minoan Group Plc

0.45
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Minoan Group Plc LSE:MIN London Ordinary Share GB0008497975 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.45 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
0.40 0.50 0.45 0.45 0.45
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Hotels And Motels -529k -0.0006 -7.50 4.15M
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.45 GBX

Minoan (MIN) Latest News

Minoan (MIN) Discussions and Chat

Minoan Forums and Chat

Date Time Title Posts
20/1/202508:18Minoan-Time for action.6,486
20/1/202508:17MIN Guild thread 3,897
17/1/202515:19MIN - on the precipice 598
15/1/202508:45Crete Expectations – Minoan’s Itanos Gaia Project 141
07/12/202410:34MIN - over the horizon 8

Add a New Thread

Minoan (MIN) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Minoan (MIN) Top Chat Posts

Top Posts
Posted at 07/1/2025 18:57 by pingulator
From over 12 months agoNobbygnome4 min | Post #2582 of 2582I expect there will be news from MIN on Tuesdaynext week because we were promised an update.Mark my words MIN will do exceptionally well in thenext 2 or 3 months. I will remind you of this postwhen it comes to pass...
Posted at 07/1/2025 16:38 by ny boy
Another classic from the collection 🙈🤣

30/7/2013 The coming year promises to be the most significant and transformational in the Group’s history.” Share price approx. 6.2p👌
Posted at 07/1/2025 13:04 by paul planet earth1
Unlike MIN!

Min Plop!

Minoan Group plc
LON: MIN
Overview
Financials
Compare
0.40 GBX −0.15 (27.05%)today
7 Jan, 12:58 GMT • Disclaimer
Posted at 06/1/2025 15:28 by paul planet earth1
MIN down nearly 100%

Minoan Group plc
LON: MIN
Overview
Financials
Compare
0.52 GBX -98.48 (-99.47%)
Posted at 30/12/2024 15:21 by sparty1
From Nick

"As ever the main interest shareholders have in holding the stock is the potential uplift whether it be a short, medium or long-term investment.

MIN is potentially very under-valued but the keyword is 'potentially' as only with a strategic investor on board is the value optimised. I am hopeful that will come hence why it's worth exploring the potential value to shareholders. The key factor that has gone in MIN's favour is the rise in the value of hotel rooms coupled with strong Govt. for the project to move forward. This makes the project highly profitable based on building the hotels alone and without a revised deal with the Foundation.

That is crucial as it makes the strategic investment case very appealing now as opposed to post any Foundation deal. The likely knock on effect when, as anticipated, a strategic investor comes on board is that the Foundation will sign on the dotted line with a financially stable and endorsed project.

There are various factors which I won't go into here that suggest the Foundation will need to sign but all holders know how frustrating it has been to see the seemingly never ending negotiations to get that over the line. A strategic investor accelerates that imo. Regardless, the valuations are done with a) a strategic investor on board and b) a hotel only project.

Factor in an uplift if the villas are added in with a Foundation deal and Epifinia granted(99 year lease) via application and a (supportive) Govt process."
Posted at 30/12/2024 13:00 by ny boy
Mudbath, you make total sense with your analysis, it’s clear MIN are in a very weak bargaining position and any strategic investor will easily see this. I would say very little value for existing shareholders if that’s how it plays out, or simply a shareholder wipeout. It’s definitely not an investment for those reasons alone, some might consider it a gamble but I don’t see so, the share price has drifted sideways within a narrow range.
Posted at 29/12/2024 16:41 by wi1l
Excellent post Nick. The potential value of Min soon to be reality and that goes for the share price as well - minimum acceptable 5p imv.
Posted at 28/12/2024 08:56 by nick2412
As ever the main interest shareholders have in holding the stock is the potential uplift whether it be a short, medium or long-term investment.

MIN is potentially very under-valued but the keyword is 'potentially' as only with a strategic investor on board is the value optimised. I am hopeful that will come hence why it's worth exploring the potential value to shareholders. The key factor that has gone in MIN's favour is the rise in the value of hotel rooms coupled with strong Govt. for the project to move forward. This makes the project highly profitable based on building the hotels alone and without a revised deal with the Foundation.

That is crucial as it makes the strategic investment case very appealing now as opposed to post any Foundation deal. The likely knock on effect when, as anticipated, a strategic investor comes on board is that the Foundation will sign on the dotted line with a financially stable and endorsed project.

There are various factors which I won't go into here that suggest the Foundation will need to sign but all holders know how frustrating it has been to see the seemingly never ending negotiations to get that over the line. A strategic investor accelerates that imo. Regardless, the valuations are done with a) a strategic investor on board and b) a hotel only project.

Factor in an uplift if the villas are added in with a Foundation deal and Epifinia granted(99 year lease) via application and a (supportive) Govt process.

Valuation

1. Land Value: The appraised value of the project’s land alone is approximately £50 million according to the latest audit. This serves as a baseline. That's 3.6p per share based on my conservative estimate of an ultimate 1.4 billion shares being in issue. There could be as low as 1.2 or 1.3 billion shares in issue in my estimation but it's best to keep the figures conservative.

2. Potential Revenue: Deloitte estimates indicate an eventual turnover exceeding £100 million per year once operational, which significantly enhances its attractiveness to buyers.

3. Development Potential: The approved 108,000 sq. meters of buildable area for top-tier hotels and branded villas, coupled with the increasing demand for high-end tourism in Greece, positions the project to generate substantial revenue streams. This potential for sustained income adds significant appeal to prospective investors, especially those focused on long-term profitability.

4. Market Growth: The steep rise in Greek hotel room values and high demand for luxury villas increase the intrinsic value of the project. With branded villas being a particularly lucrative segment, this could add a significant premium. The villas are an add-on value in the event of Foundation revised deal.

5. Strategic Location: Being the largest private estate in the Eastern Mediterranean, the project’s uniqueness makes it highly desirable for investors seeking scarce, high-value opportunities.

6. Unappealable Presidential Decree granting permission for the project to proceed.

Estimated Price Range
• Baseline Valuation: Given the £50 million land appraisal, a minimum price for the project could start at this level (3.6p/share).
• Strategic Premium: For buyers with significant strategic interest in the Mediterranean or those seeking trophy assets (mainly Middle East investors), the valuation could exceed £100 million (just over 7p a share).

7. Strong Governmental support coupled with the availability of low inteest banl loans and EU/Greek grants.

While the precise price depends on negotiations, interested parties (e.g., Middle Eastern investors, luxury hotel developers, or sovereign wealth funds) may be willing to pay a significant premium due to the project’s scale, location, and permissions. Achieving a price above £50 million is plausible, with the potential to reach or exceed £100 million (7p a share) under the right circumstances. Probably somewhere in between the baseline of 3.6p and an optimum 7p is a realistic aspiration for medium-term investors but, as ever, dyor. There is a lot of public domain information on the very significant increase in the value of hotel rooms well over any increases in construction costs.

I'm never one to hold out for optimum values but when and if a strategic investor comes on board then I can see the baseline value in the audit being revised upwards due to the vast increase in the value of hotel rooms. Also, it's not going to go from 0.65p to any of these figures in one go. The hope and a certain logic is that it climbs to the baseline and potentially higher as landmarks are hit. The obvious ones being (strategic investor, Foundation deal, renowned hotel operators coming on board, environmental study (pretty much equivalent to detailed planning in the UK) and Epfinia (99 year leases) for the villas.

Obviously, with a strategic investor on board and a resulting Foundation deal then the Company potentially becomes an attractive takeover target, in which case the potential optimum values will be achieved much more quickly. First things first, investors need to see a strategic investor on board. It kickstarts MIN towards the potential valuations flagged up.
Posted at 08/11/2024 08:39 by paul planet earth1
Someone is dumping blocks of shares trying not to drop the share price, wonder why?

Recent Share Trades for Minoan (MIN)
Date Time Trade Prc Volume Buy/Sell Value
08-Nov-24 08:12:11 0.812 250,000 Sell* 2,030 O
08-Nov-24 08:07:02 0.85 250,000 Sell* 2,125 O
08-Nov-24 08:06:49 0.851 250,000 Sell* 2,128 O
08-Nov-24 08:05:49 0.865 250,000 Sell* 2,163 O
08-Nov-24 08:05:27 0.9066 100,000 Sell* 906.60 O
08-Nov-24 08:02:52 0.922 250,000 Sell* 2,305 O
Posted at 31/10/2024 21:00 by pingulator
Nobbygnome4 min | Post #2582 of 2582I expect there will be news from MIN on Tuesdaynext week because we were promised an update.Mark my words MIN will do exceptionally well in thenext 2 or 3 months. I will remind you of this postwhen it comes to pass..........I am still waiting this reminder 10 months later.LMAOClassicNever gets old!
Minoan share price data is direct from the London Stock Exchange

Minoan Frequently Asked Questions (FAQ)

What is the current Minoan share price?
The current share price of Minoan is 0.45p
How many Minoan shares are in issue?
Minoan has 922,218,539 shares in issue
What is the market cap of Minoan?
The market capitalisation of Minoan is GBP 4.15M
What is the 1 year trading range for Minoan share price?
Minoan has traded in the range of 0.42p to 0.95p during the past year
What is the PE ratio of Minoan?
The price to earnings ratio of Minoan is -7.5
What is the reporting currency for Minoan?
Minoan reports financial results in GBP
What is the latest annual profit for Minoan?
The latest annual profit of Minoan is GBP -529k
What is the registered address of Minoan?
The registered address for Minoan is 30 CROWN PLACE, LONDON, EC2A 4ES
What is the Minoan website address?
The website address for Minoan is www.minoangroup.com
Which industry sector does Minoan operate in?
Minoan operates in the HOTELS AND MOTELS sector

Your Recent History

Delayed Upgrade Clock