WildBillHiccup
02 Jun 2018
Re: Will someone Agreed, wish they would get on with it. Everything looked so positive a month or so ago. IMHO the completion of the sale of the T&L business will be the catalyst to an ever improving share price but the market doesn't like the uncertainty and nor do I for that matter. The sale should lead to a debt free company who owns a massive development site in Crete and after 20 years or so has negotiated a PD with unappealable planning permission so they've more or less done the hard work. More or less...……. The value of the T&L sale is about £6M say and that leaves about £7M in the market cap for the value of the CS development, whereas the bod reckon its worth anywhere between £50 to £80M. Once the T&L business is sold and the loan paid off the market will like that presumably and reevaluate the current share price to a more acceptable level. All IMHO but I feel it should be at least 20p rather than the dismal 6p. Need to get on with it ………..
Jack Diamonds
02 Jun 2018
Re: Will someone The sale of T&L has been a long time coming?Either way, BOD have until 30th June to say something ?It’s like the 20 year wait for Crete has infected the mindset of all things MIN and we continue to wait, wait, wait with no info. Action required ASAP!!!JackLoan Facility ExtensionThe Loan Facility dated 16 October 2013 from Hillside International Holdings Limited has been extended from 31 December 2017 to 30 June 2018. Interest is now payable at 10% per annum. The total cash amount due under the facility as at 31 October 2017 was £6,266,000 (31 October 2016 - £5,800,000) made up of the principal, redemption fee and interest accrued.
tatttie
16 May 2018
Will someone Please waken me when something happens? Yawn. This is a Greek epic hopefully not a Greek tragedy! Yawn....
WildBillHiccup
05 May 2018
Re: Re:News soon? Should hopefully hear on the T&L sale,whether its been sold or not as the case may be. It is an improving & profitable business but prefer it to be sold. Minoan with T&L business sold, then no debt, plus PD on the CS development and valued at 75% of M/C is my preferred option. Those in the recent placing must be of similar opinion.
Grill Bimsie
30 Apr 2018
AGM "Minoan Group Plc is pleased to announce that all resolutions proposed at its Annual General Meeting held earlier today, were duly passed."Mmmmmmmm....... I was hoping for a bit more news than that!Zzzzzzzzzzzzzzz.......Cheers,
Brookie Boy
27 Apr 2018
Re: Why the 23% drop? Thanks for your reply Jack. Not sure I concur on the reason. This deal would have been arranged a while ago, when the SP was in the 6-7p range, and you would normally expect a discounted price. It’s also encouraging to get an investor backing the company with a large sum. So I still we significant upside.
Jack Diamonds
26 Apr 2018
Re: Why the 23% drop? It’s dropped 23% due the offer going at 6p. However, it’s good to see 1.5M shares changing hands today. Someone sees the value, by purchasing in the market. In addition, there was appetite to get 9M+ shares away at 6p raising gross £550k. What has changed since the abortive Offer in Dec 17?Also good to hear that Travel is still in the sell Lane, although no details were given. I’d like to know what “substantially debt free” means and also what this “Crediable Crete Partner” is bring to the table.
Brookie Boy
26 Apr 2018
Why the 23% drop? Obviously there's some dilution via these newly issued shares, but only a few %, and we have more certainty no with funding for a much longer period. With the imminent Travel business sale then debts will all go too.So why the large drop today? In my view this makes it a screaming buy, but I'd welcome others' views.
WildBillHiccup
25 Apr 2018
Re:News soon? The way the mm's are tightening their grip on what shares they hold suggests something good is not too far away. Has been like this for the last week or two (don't know if anyone else has noticed) but as with Min the wait is always longer than expectation. All IMHO though but finding it hard to buy any more than 100 on many occasions when you could sell 150K. Nice that way round but it can all change in an instant. However, Suggests to me they want more shares to hopefully sell at much higher rates. yesterday was strange when they put the offer up 0.5p to 8p on no buying volume - maybe they are expecting something positive for Min blowing in the wind of change.
Brookie Boy
25 Apr 2018
Re: AGM on Monday next.... I'm not convinced that we will hear all on Monday - it's market sensitive news so could be sooner (or indeed later). I'm still bullish on this stock, and it's up another 7% today, so remain invested. Will sound like blatant ramping, but fully expect a double-digit SP within a few months.
Jack Diamonds
24 Apr 2018
AGM on Monday next.... There is a guy on the LSE Board, who is convinced we have all been taken for a ride, despite our four largest Shareholders remaining in place (Between them, they own 25.2%+ of MIN). "Travel is being sold, out of necessity to pay down the Hillside debt. Our only cash generating asset is going"....blah, blah, blahI take a different view. The Travel business (Transaction Revenue £80M+ and climbing) and the Crete Project are different animals. Both require different skill sets and funding packages to succeed.I hope the AGM confirms the Travel deal and consideration payable. I also hope we get some news on the credible Partner/s for Crete. I think it may have been a condition to dispose of Travel, before these players showed their hand with Crete. It may also have been a condition from Investors, as the investment opportunity was clouded and unfocused.Find out on Monday I guess........or are we in for a longer wait ?
Brookie Boy
18 Apr 2018
Up 9% today Share price rising a fair bit over the last few days. Could be a sign that the travel business sale is imminent and/or the sale of a partial stake in Crete development is to be annunced. Either way i think there is a large upsdie from 7p, and continue to hold.Good luck if you are invested t
WildBillHiccup
04 Apr 2018
Re: News next week ? If anyone is wondering the Year end accounts will be produced on Friday.
jthal
29 Mar 2018
Re: News next week ? From another bbscotty128 Mar '18 - 09
3 - 9847 of 9849 Edit 0 0 0Good price then wi ,by the way there wont be an RNS before the Easter break it'll be immediately after so Tuesday 3rd i assume,which imo is better than putting out news before given the break in between trading days were good news gets lost.scotty128 Mar '18 - 095 - 9848 of 9849 Edit 0 0 0Just had it confirmed with BC if not Tuesday it'll definitely be next week.Editi would think they'll want to issue other news within the RNS
Jack Diamonds
28 Mar 2018
Re: News next week ? Just leaves an update tomorrow, if the RNS of the 13th is to be confirmed.I would of thought that the day before the Easter break was not a good time to release transformational news ?CE can definitely peel an Orange in his pocket..................
