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Vascular you ask "What is the " N" and what acquisition of hotels? " Not sure about the n but it was reported in the Greek press last week the MIN are in the process of purchasing a 5 star holiday resort in another part of Greece which could be completed after Easter i did post a link for it a couple or so days ago.The question is as from you can see today re the RNS Min have no cash so were the hell are they going to get the cash from for a 5 star resort and why wasn't there anything in the results RNS about the resort.I mailed BC about it and this is all he had to say. William Cole Minoan <william.cole@minoangroup.com> 28 Mar at 2:27 PM Hi again **** According to the Greek press we “have already/are just about to buy/develop numerous hotels, sites, and villas in various regions in Greece”. Obviously, we will be happy to make announcements as soon as we have something to say. Kind regards Bill

https://tinyurl.com/lh44wje Pending the Council of State decision Minoan Group to Sitia Brake on investment in Crete economic uncertainty in Greece Tuesday, 04 April 2017 14:12 UPD: 14:13 Lambros Karageorgou lkar@naftemporiki.gr The economic uncertainty in Greece may complicate the development of ambitious investment plan of Minoan Group in Sitia, Crete, as hinted the president of Christopher Egleton group. The Minoan Group awaits the official publication of the State Council of the decision taken by dismissing two actions for annulment of the Presidential decree approved a year ago the Spatial Development Plan project Itanos Gaia in Sitia, Crete in Cavo Sidero in order to start the development plan, which includes, as mentioned in the "N", and the acquisition of hotels. While economic uncertainty in Greece harder developments, the positive outlook of the project Gaia Itanos in Crete remains at the center of our attention, says president of Minoan Group, Christopher Egleton. However, Mr. Egleton warns that the development of the project will not be an easy process, because both transactions in real estate are complex, also because in Greece the economic uncertainty that prevails difficult developments. Specifically, on the occasion of the announcement of the annual results of the group, which is listed on London's AIM market, Chairman of Minoan Group, he said that courts in Greece not disclose to a timetable decisions, noted that shareholders should not worrying since the publication of the decision to delay even a little. The confirmation of the decision, however, will lead to major changes in the group. It stresses, however, Mr. Egleton, confirmation will require a significant effort in a relatively short time, to continue with greater resolve various ongoing discussions and negotiations with potential partners. "It should be noted", added the president of Minoan Group, "that consortia and other complex real estate transactions are inherently simple or easy cases completed soon." "In our case," he adds, "the fact that the project is in a country where there is economic uncertainty also has a significant impact." "Nevertheless, the board is sure to reach a satisfactory solution for all shareholders," stresses the statement. "In any case," said, "the situation of the project Gaia Itanos in Crete and the positive outlook for the future remains the center of attention of the group." Note that on March 24, 2017 the company announced to the London AIM stock market that the Council of State dismissed the appeals against Presidential Decree. However, the official announcement has not yet been issued by the court. Referring to the results of Minoan Group noted that the Travel and Leisure (Travel and Leisure sector - T & L) increased its revenues despite the impact of Brexit. In particular, revenues amounted to 7,317 million. Pounds versus 6.816

KNIGELK i have never shorted any share,and yes i don't hide the fact that i'm waiting for another trade on MIN,i also would post anything positive i came across as well as negative no matter whether i had a position at that time or not.

I do know one thing companies that are paid their debt in shares do not hang on to them,and they couldn't give a flying toss whether the share are about ot go up or down,all they care about is recovering their debt which they would rather have been paid cash for in the first place.

Oh i don't know about no one knows fook,and as for being on this site it's to share info to enable investors to know fook

I don't know what the fook that post as to do with anything,just a nonsense post,gl

Why do you think the sp is down this morn when there are more buys than sell,probably because the debtors are selling in the background and remember they will have been given substantially more share than the debt so that they can recover their monies as the sp falls when they start selling.

Wow so naive,they accepted shares because MIN couldn't pay them cash,they will be selling them as soon as they can if they have not already started to recover their cash,only investors/funds etc hold shares for any length of time that is their purpose.

You are a ramper and i have my feet firmly on the ground.

I would also imagine who ever they have issued the shares to will want to sell them to recover their debt,and by the way they are not at a premium because they are not placing shares they are just shares given to cover debt

cossy if i don't i don't but if they need to issue shares just to pay out current debt how many do you think they will start to issue for the project and they will be at a discount to what ever the sp is then,plus read the Greek article below i posted,no confidence what so ever in the BOD,will just trade if i get the opportunity

cossy they have been issued to cover existing debt because they have no cash to pay the fookers,be very careful this could slip down some more,lowered my buy in price for a trade to 8.5p now.

As i said they have no cash. http://www.investegate.co.uk/minoan-group-plc--min-/rns/share-issue-options/201704050700075830B/

https://tinyurl.com/lh44wje Pending the Council of State decision Minoan Group to Sitia Brake on investment in Crete economic uncertainty in Greece Tuesday, 04 April 2017 14:12 UPD: 14:13 Lambros Karageorgou lkar@naftemporiki.gr The economic uncertainty in Greece may complicate the development of ambitious investment plan of Minoan Group in Sitia, Crete, as hinted the president of Christopher Egleton group. The Minoan Group awaits the official publication of the State Council of the decision taken by dismissing two actions for annulment of the Presidential decree approved a year ago the Spatial Development Plan project Itanos Gaia in Sitia, Crete in Cavo Sidero in order to start the development plan, which includes, as mentioned in the "N", and the acquisition of hotels. While economic uncertainty in Greece harder developments, the positive outlook of the project Gaia Itanos in Crete remains at the center of our attention, says president of Minoan Group, Christopher Egleton. However, Mr. Egleton warns that the development of the project will not be an easy process, because both transactions in real estate are complex, also because in Greece the economic uncertainty that prevails difficult developments. Specifically, on the occasion of the announcement of the annual results of the group, which is listed on London's AIM market, Chairman of Minoan Group, he said that courts in Greece not disclose to a timetable decisions, noted that shareholders should not worrying since the publication of the decision to delay even a little. The confirmation of the decision, however, will lead to major changes in the group. It stresses, however, Mr. Egleton, confirmation will require a significant effort in a relatively short time, to continue with greater resolve various ongoing discussions and negotiations with potential partners. "It should be noted", added the president of Minoan Group, "that consortia and other complex real estate transactions are inherently simple or easy cases completed soon." "In our case," he adds, "the fact that the project is in a country where there is economic uncertainty also has a significant impact." "Nevertheless, the board is sure to reach a satisfactory solution for all shareholders," stresses the statement. "In any case," said, "the situation of the project Gaia Itanos in Crete and the positive outlook for the future remains the center of attention of the group." Note that on March 24, 2017 the company announced to the London AIM stock market that the Council of State dismissed the appeals against Presidential Decree. However, the official announcement has not yet been issued by the court. Referring to the results of Minoan Group noted that the Travel and Leisure (Travel and Leisure sector - T & L) increased its revenues despite the impact of Brexit. In particular, revenues amounted to 7,317 million. Pounds versus 6.816

Vascular i know for a couple of weeks before the Greek press release the sells were being mopped up hence the constant dropping of the bid and back to flat for days on end,whether someone is mopping up now i cannot really say as the sp as been dropping slightly over the last few sessions and if there was a buyer around these lvls i would have though the sp would have held up,but obviously i could be wrong.Could be just the mandatory pull back to around 9.5p offer (my re-entry point if it gets there for a trade only) after the spike.Gl

Hi Vascular,my views change on any stocks as it as to on what is happening in any said company.With MIN i was a lth many many yrs ago when it was thought MIN and the CS project would be up and running fairly quick.As time went by and by and by it became pretty obvious that it was going to take a long time so i sold my holding out at a loss and started to trade in MIN instead of invest,i made my loss back and turned it into a profit.If i had stayed in MIN with my original investment of £10k i would be still well under water with that investment.So to answer your question i stay watching MIN and other stocks to trade and hopefully make money,my views could turn positive again with min just dependent on what the BOD have in mind going forwards but for now my views remain more on the negative side until i see different.I await my next trade in MIN ;)

Visainn,you do know that CE is quoted as saying it could take up to 3 months to receive the official confirmation.Of course the dismissal appeal is more than likely true,the point is how the BODs are going to take this forwards. One of the options for cash as lapsed that being the candida option.Look how long it's taken to get this far,how many more yrs of waiting for building permits etc.I just think the sp is still a long ways off being in the 20p area,there may well be a spike when official rns lands,but that will be short lived as imo it's more or less in the sp or was until it started it's pullback.

colinzeal1 Apr '17 - 19:35 - 7781 of 7819 3 0 He was very coy about the Supreme Court decision but after the length of time it's taken so far who can blame him? I pushed for info on a timeline of announcements following a postive decision and he suggested that these should be made relatively shortly after the decision is favourable - "some partners are very, very keen to get things moving as soon as possible". I also quizzed him on building permits and from what I gathered these would have to go to the relevant bodies which could also take a significant amount of time to be granted. As you probably know the land is also "church land" and they will get kickbacks on the revenues/income from the project - I can see this as a potential banana skin, too. Personally, I don't think I can wait for another few years for the diggers move in and will be selling after the first major tie-ups and investors are announced. This is simply because it's Greece and all the associated problems and delays that they're famous for rather than my belief in the board to deliver which I think they will do. The timescales to actually see the relaised value is simply too long in my view.

Do you not know what you have invested in or what,they had the PD a year ago you are now waiting for confirmation of the appeals dismissal which can take up to 3 months.

http://www.investegate.co.uk/