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Good day. You are right, I expect to see an RNS on Monday ? I wouldn't expect Kifin to be involved though. There doesn't seem to be a takeover opportunity here as half the sahres are in BoD hands. I agree with you, I think we'll hear about more sales at Lancs soon enough and that will pushes prices forward. I'm encouraged and won't be selling any soon.
We will see a RNS in the next days: "NOTIFICATION OF MAJOR INTEREST IN SHARES". The only question is:WHO? Maybe the "KiFin LTD" is buying... It´s surely a professional brooker doing these movements. Exciting times... And if we get any positiv update on the Lancasters, I bet 2£ isn´t far away!
Surprised it hasn't moved the price ? 150k of buys in this stock ought to be big news. Regardless, it's encouraging to see this kind of buying.
Not a clue - but nice to see such confident buying.
And other big buys, double 45000 etc... This looks like someone is getting an upper part of this beauty. Does anybody knows what´s happening? Tara?
Must have something to do with a new project, or the sales on the Lancasters did go very well. MNR will make that clear in a couple of weeks or maybe we see a RNS from the NTA management.
Morning this has perormed excellently over the last week, steadily rising with someone buying in large chunks. Im sure something is about to kick off!
The board is quiet but very much a waiting game I think with little new information to add. Not much of a chartist but just catching up on the chat on ADVFN, many saying last night that the chart is ripe for a break out. I'm sure Tara mentioned recently that a broker update was due on this soon also. G.L.
Where is everyone ? Cn't believe how quiet it's become. where is Tara these days ? My hope is that we'll get an update over at MNR in the next few weeks confirming more sales at Lancs and one from NTA before Xmas about a new site. that combo might take us over 150p
Yes, there is steady buying here. Every day now there seem to be more buys than sells. Someone may be aware that further sales at the Lancs have been made ? I understand the apartments are in demand. They have a lot to sell and it won't be as easy to sell 78 apartments for £500M as some predict but I continue to think the prospects are good. I'm going to hold as I think news of more sales can't be too far away. I'm hoping so anyway.
£64.66K buy yesterday. Same buyer maybe? Someone is picking up plenty of these.
Always nice to see chunky buys. Anyone any idea how long before accounts become available for inspection after submittance?
The Annual Report and Accounts for the year ended 30 June 2010 and Notice of Annual General Meeting of Minerva plc have been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.Hemscott.com/nsm.do
I'm with you on this Specfund. Any news on sales, and yields on those sales, is likely to push this higher, but I don't expect to hear much on Lancs this year. some news on a new dev seems more likely and it wouldn't take much to push this above 150. Shots, re MNR, I don't think an IMS is due. They have an AGM in Nov but that's all as I understand it.
understand there might be a few more sales going through but it is generally quiet at the moment-particularly for a scheme due to go to PC in Feb with the first phase so unlikley to see fire rockets in the next 4-5 months IMO.It should tick up as greater certainty emerges on profit levels so worth waiting
It looks to me like someone is accumulating these in a steady fashion. the trades of the last couple of days shows regular buying in chunks of 5k and 10k. Doesn't look like PI behaviour. Could be a good sign.
Such low liquidity here Jimbo that it doesn't need any gossip to get it swinging +/- 10% in a day. When news or real rumours emerge, it's +/- 50%. Only 26MM shares and about 80% of those are with the Bod or IIs. Once it starts to fly, it moves really quickly. I like the prospects for this company, regardless of Lancasters. they have an amazing brand and track record. Re Lancs, I suspect it'll be mid next year before we see the real value of this to NTA. MNR are using very low revenue estimates for the development that are several months out of date by the time they are revealed. Still excited about this one despite the fact it's already quadrupled in value. I'm hopeful of £2+ by next summer. That still only values the company at £52MM. My only concern I have is a placing or RI. I'll support a RI but would hate to get diluted through a placing.
Ok thanks for that i was just hoping the steady rise over the last few days was due to imminent news :-(
Impossible to say but likely to be next February. It was implied at NTA AGM that few units would be sold now before the development is complete, meaning they'll start pushing harder next Spring. Personally, I find that hard to believe though. Who wouldn't take a sale if it's available now ? We might hear something at the MNR Agm in November but MNR does not have a track record of attending to anything other than AGM business on those occasions. I'm not expecting anything more this year. News of any more sales would be a nice bonus. More likely I think that we'll hear about a new development. They suggested in final results that the Vacarage would start and possible another deal would be announced this calendar year. suspect that news of a new development would boost interest here.
Does anyone know when an update on the lancasters is due?
come on this has to be in the 140's by now and they no it should !!! big push everyone ,so mush money in the pot
Looks like MNR is in the starting blocks. As soon an update of the lancasters is announced, we´ll see the real value of this bb. Obviously we are talking of +- 52 MM of gain here. When this is common knowledge in the city ... At the moment there is no news and only small trades. This will change.
Strange summary of buy v sells for today when 40,000 were bought in two trades this morning , (shows on more trades data, 8.55am at 120p )
Didn't they sell more than 650k ? their 1.8MM holding dropped to below a reportable level ? Regardless, seems like good news. With so little liquidity here I'm surprised it hasn't dropped a lot more. With that sell order out of the way we might see some upward progression. I still see MNR's accounts as evidence of more good news. Could be a big plus or a big minus on monday.
Not bad for 3 months work, [as bought around 30p] good call.! Now we wait to see who is the buyer,!!! One thing for sure the MM would not take on 3/4M pounds of stock without one.!!!