Member Info for lukehere

Minoan, of necessity, will need to update holders in the short term.
Some look forward to such an update with eager anticipation.
Their optimism though appears groundless, rather like the company itself.
As the saying goes....Better out than in !

A timeless Lesson from Warren Buffett's Annual Letter to Berkshire Hathaway Shareholders
By Daniel Foelber – Mar 2, 2023 at 6:50AM

"Patience is the foundational investment trait that opens the door to outsized gains."

It is no coincidence that as each of TERN's investee companies reports ever stronger progress, the level of posts aiming to inflict damage on sentiment increase proportionately, coinciding again with agressive levels of selling.
Much concerted effort (and cash) is being expended in this exercise.
Nevertheless, we can confident that a recovery in the TERN share price is close, for it cannot ignore for much longer the stellar progress alluded to above.
BUY

I wish that Sisto could prove more purposeful, in his thoughts and actions; such as taking a leaf out of T's suggestion box.

"Tullynessle - 03 Mar 2023
It should not be too long before TERN / Device Authority / Wyld Networks release news of their inked (executed?) Agreement to combine both technology and customers to focus on satellite IoT and IoT security.

It will be interesting to review the means by which the commercial and operational goals of such a venture are to be delivered.

For example:

i. Will the Partners and Facilitator form a separate entity to offer the combined service to clients operating in the target sector where such a new PLATFORM (eg Wyld-Keyscaler) is of optimal benefit.

Such a selection would then deliver:

a. Device Authority - servicing its existing market
b. Wyld Networks - servicing its existing market
c. Wyld-Keyscaler (as an example) - offering the NEW PLATFORM to the target
MARKET SECTOR (a USD 120billion opportunity).

With the skills available to Tern it appears that such a corporate construction, or other more radical solution, would offer ample opportunity for financial engineering and corporate development to highlight the potential success and Enterprise Value of Device Authority and market enhancing potential of Wyld."
Sisto could generate so much interest in our investee companies, thus raising TERN's profile, not to mention the share price.
Yet, for some as yet unknown reasons, his stategy is to avoid such promotion at all costs.

Indeed it does Phermic for as you say, the Auditors hold the key as to just how long this Minoan charade might continue.
My view is that DAGG will hold off extending the loan until the results are known.
Should these be qualified , thus necessitating some impairment, then MIN would look to be in deep trouble.
At 1p, we are talking punting money; yet unless meaningful progress is achieved in the shorter term, then the SP could go much lower, and fast too.

Bob can have no position, for he is merely a mouth piece .
His scripts are dictated to him by those who invest much time and effort in continually seeking to weaken TERN .
Consider his/their posts merely as a persistent irritation.
Better still, consign them to a green coffin box.

Such a price will come in very handy js, for it will enable me to purchase over 1million TERN shares rather than the 750k that I have in mind.
No pain, no gain though and any pain will prove either illusory or transient, whereas the gains will be both real and bountiful.
Bring it on !!

The TERN share price is under attack.
As with all assaults on impregnable positions it will fail.
The trolls meanwhile are in evidence here and elsewhere in order to underscore the aggressors strategy.
Whilst the ongoing selling is inherently damaging and wearying to TERN, its investors and investees; I remain confident that the cavalry (RNS's) are well overdue and that their appearance will inflict heavy casualties, including the demise of Commander Winnifrith.

It looks like our "green box man" has suffered from a bout of hyperactivity.
Either that or he has experienced a "fat finger" spasm.

Hi Swanny
I was rather linking my ambitious point 3, to point 4, with the latter being the likely driver for an improved tone and an enhanced level of detail .
Today's share action, for me, signalled an upcoming reversal in both sentiment and in the ongoing lack of wider interest in TERN .
I am very much looking forward to the next few trading sessions for confirmation .

It is always challenging when trying to establish the likely path of any share price.
Not though in the case of TERN, for there are several bullish factors which look poised to drive the SP upwards.
1. TERN has been rangebound now over the past 12 months with an average of 10p.We are therefore around 17% below the mean and can expect this to be remedied in the short term.
2. Corporate action is possibly stirring across the whole investee portfolio, with the most likely first mover being Konektio, highlighted by the secondment of Mathew Scherba, who will serve as a protector there of TERN's interests.
3. A trading update is overdue. When delivered this will need to be more positive and detailed than in the past, thus offering encouragement to the SP.
4. Al Sisto, though probably secure in his position as CEO, will be aware of the growing scrutiny of his performance and he will wish to avoid any manifestation of rebellion by we private investors.
5. Above all, each of TERN's investee companies is going from strength to strength, resulting in an ever widening gap between our existing miserably low market capitalisation and the potential for just one of these to yield a paradigm shifting EV.
BUY !!

Just logged out to see what I was missing in the green coffin boxes.
I was very disappointed to see that Stead has gravitated over here.
When it comes to jaundiced and bitter commentary, then Stead is a master ; that is assuming the narrative is his own rather than just being scripted by his paymaster.

In a footballing observation yesterday, the commentator said that "momentum was everything", in sport, business, politics and in life.
No one mentioned "inertia" though, which is more Minoan's specialisation.

"Action either from the BOD or the shareholders or both before the AGM."
Lukehere looks forward to the TERN share price rising to 17p over the same period.
(at least)

A Thousand Lost Golf Balls
---------------------------------
https://cultureunplugged.com/documentary/watch-online/play/11942/A-Thousand-Lost-Golf-Balls

This wonderful documentary goes to the heart of the conflict.

The link provided earlier is far from " irrelevant" notwithstanding the protestations of Nick.
The original snapshot might have been in 2014; yet the article was fully updated in 2019, after that meaningless presidential decree.
The current and future potential for "conflict" is there for all to see.
Add to that the projected environmental impacts (Visible: Biodiversity loss (wildlife, agro-diversity), Desertification/Drought, Loss of landscape/aesthetic degradation, Deforestation and loss of vegetation cover, Groundwater pollution or depletion, Large-scale disturbance of hydro and geological systems, Reduced ecological / hydrological connectivity, Potential: Floods (river, coastal, mudflow), Noise pollution, Soil erosion, Surface water pollution / Decreasing water (physico-chemical, biological) quality) and the project disintegrates totally.

Sorry folks, but the project has no legs.

Below is a link to a decent synopsis of Minoan's attempts to progress the Kavo Sidero project a little further.
The possibility of this looks to be somewhere between very slim and ZERO .
https://ejatlas.org/print/moni-toplou

That was one beefy U/T trade at the bell of 509286 shares @ 82.05p for a consideration of £417k !

Is there any truth in the rumour that MIN are changing their ticker to a more apt CON ?

CON CRETE does after all have a nice ring to it and they will surely be wanting to pour plenty into those first footings.

Hopeful holders please beware in case the Minoan Express ever leaves the sidings.