Minoan looking to acquire specialist travel agencies; will consider bringing in investor or partner Headline: Minoan looking to acquire specialist travel agencies; will consider bringing in investor or partnerMinoan Group [LON:MIN] Chairman Christopher Egleton said the UK-based travel company is looking to acquire specialist rivals, The Herald (UK) reported. Separately, Egleton added that Minoan is also thinking about strategies to accelerate growth, which could involve securing investment or finding a partner.Egleton was speaking as Minoan announced its interim results for the six months ended 30 April 2017, which showed an approximately 20% increase in total transaction value to GBP 39.72m (EUR 44.41m).Minoans market capitalisation stood at GBP 19.1m at the close of trading in London on Wednesday, 26 July.
Re: Off the blocks....... Patience and support of the Company's shareholders continues to be tested.....Whilst It was good to see the Hillside loan extension for a further 6 months (with a nominal reduction in 10M previously assigned warrants) I guess what we really need is the long overdue vision as to how the BOD intend to accelerate the Crete project and ultimately drive value. Come on MIN, throw us a bone.......
Re: Tipped today Had limit with ( D ) 8.55p all day yesterday and all this morning not lifting . cheap but they don't do "over the counter" they tell me.Went on ( S ) sale money available.... and took 1st live offer 8.36 p That's 2.3% cheaper .All these brokers are at in one way or another .
Re: Tipped today Even further down @ 9 am this morning.
Re: Tipped today Share price has dropped back to 9p.. saw a buy trade @ 8.75pIt has not got "off the blocks" even after the long awaited news was confirmed eventually .
Off the blocks....... Good to see that the PD is now appeal free. We pretty much knew this 3 months ago. Clearly the short term value is what is negotiated with partners, as CE describes in the RNS. More news to follow..........Jack"As a result of the Greek Supreme Court's decision, the Company can now accelerate the development of the Project, which will include, inter alia; the continuation of negotiations for joint venture arrangements with hoteliers, investors, partners and other parties.It also means that our long cooperation with the Foundation Panagia Akrotiriani, the Municipality of Sitia and the local community can begin to bring more prosperity to the area.This decision represents the successful culmination of many years of hard work by everyone in the Company with the patience and support of the Company's shareholders.I look forward to providing the market with more news in the near future."
Re: Transformational RNS At last! It's been quite a wait.
Transformational RNS Well done to all patient investors here. The news all have long since craved has arrived. Let's see how the market reacts as this is huge for the company.Late surge on Friday suggests some knew this was coming!! Enjoy the ride all..........
Re: Tipped today They managed to get this Good RNS early when i checked @ 7.30 am . Unlike halo last week which was not up until 9am. Might be coincidence.
Good News At Last Minoan Group Plc is pleased to announce that the Appeals (petitions of annulment), against the Presidential Decree ("PD" granting land use approval for its Itanos Gaia project in Crete (the "Project" have been dismissed following the issuing of decisions number 1704/2017 and 1705/2017 of the Greek Conseil D'Etat.The Company now has an un-appealable PD which, in effect, gives outline planning consent for the Project and allows the Board to take the steps necessary to crystallise value for all stakeholders.
Re: Tipped today Ramped again by hot stocks rocket saturday ( On SP ) They must of put tip out to subscribers Friday and is why it gained 10% to 8.77p. ?Been hanging about around 7.5p after drop from recent placing.No apology since they posted the court news ?
Re: Tipped today Notice SVS recommended buy on 24th two days after . they must have been involved fund raise .bought a batch to hold in principle and flog em to punters at profit claiming annalist research .. lol Guess they flogged em @ 10.5p
Re: Tipped today RNS ... Placing @ 9p Nigel posted bit "disappointing " Very strange the court ruling papers never showed up.
Re: Tipped today Being ramped yet again my Nigel Somerville if they are not trading this .. lolThe newspaper story's of court win must of been a joke.
RNS Good to hear....."As announced recently, reports in the Greek media have stated that the appeals against the Presidential Decree signed in March 2016 have been rejected. Once the Greek Supreme Court's confirmation is received the Company can at last start realising the potential of this major asset."Major Asset indeed. Clearly some thought has been made in this regard as the Statutory Accounts to Oct 16 in the Financial review included the following comment...... "We reported to shareholders in October 2016 the extension of the Loan Facility with Hillside International Holdings Limited to 30 June 2017. Settlement of this loan will form part of our considerations in securing shareholder value for the Project."So loan extended to 30th June with comments on settlement and securing Shareholder value. Does the BOD finally have a rabbit to pull out of the hat, and Shareholders get the result they deserve. Not long to wait