Kingelk19 Sep 2016 13:42
In answer to your question , this is business is debt ridden well over the actual value of the company , they Never show any positive way of raising funds other than a shareholder , I don't see them putting in just taking out and at the end of the day the development project is Greece dare I say more a debt ridden country with an appalling way of handling fiancé so who would trust them ,I wouldn't .At the end of the day Minoan are just a small business in a big pond of having a few travel agents who depend on the big 2 to supply a lot of holidays ,whilst they have aircraft and Jet 2 to a smaller extent they have no way of cutting costs for holidays unless the companies above do so I see very tight margins on profit in this sector because of who they are trading against . Also I feel that the BOD are just playing people by Not showing some positives like investing in this project themselves so I am very sceptical about the future hence the word Disaster