MIN

1 day ago

Minoan – this is the sort of naughty communication that has angered so many

Businesses run out of money and fail to deliver. We can all accept that. Most businesses set up today will fail. And even on AIM, no sniggering at the back, most fail though some succeed massively. But with Minoan (MIN) where investors face either massive dilution, having been diluted to buggery already, or administration, there is a real sense of anger with folks feeling they were “groomed”. The email below is from one shareholder to another. It reads:

8 days ago

You can’t kick the can down the road forever, will Minoan finally kick the bucket?

As it prepares to celebrate 26 years since it was established to develop a hotels and leisure complex at Cave Sidero on Crete, Minoan has warned that, at best its shares will be suspended and shareholders will face mega dilution. It is still no closer to starting work on the ground in Crete than I am to shagging Cheryl Cole and it is very possible that, at any time, the fat Lady will be called on to brush up on her Greek.

10 days ago

Tom Winnifrith Bearcast: will Trump kill off Tek Capital? Tales from the Greek Hovel & More

I started my day at 3 AM but am now at the Greek Hovel. I recount a few tales including an airport ear bashing from Minoan's (MIN) Egleton, made possible by Brexit as Euroloon Jonathan Price will, no doubt, say later. Then it is Tek Capital (TEK), Microsalt (SALT), Upland Resources (UPL), Celadon (CEL) and other assorted dross.

11 days ago

Minoan: A damning reader post identifies only half the problem as punters lose 99% or more and the boss makes £5m or more

Reader PJ has posted a list of RNS statements made by Minoan (MIN) over the years. Ramptastic is the word. Others might suggest that outright porkies were told. The list is below, judge for yourselves. But it is only half the problem.

12 days ago

Tom Winnifrith Bearcast No2: Bugger I have to go to Greece

There are problems at the hovel so I must fly early on Sunday and am back Thursday. This is not planned and I am very cross about it. I hope that I can minimise disruption on this website. In today's podcast I look at Trump tariffs, market meltdown especially in oil. Then it is Diversified Energy (DEC), Union Jack Oil (UJO), Upland Resources (UPL), Victoria (VCP), Futura Medical (FUIM), Glencore (GLEN), Amaroq (AMRQ), Minoan (MIN) and Celadon (CEL).

12 days ago

Beowulf – is this a record of non delivery and Swedish marching backwards for 14 years?

Today, Beowulf Mining (BEM) says that it is “pleased” to have raised fresh funds at 11p. The shares closed at 20p yesterday and were £31.60 in adjusted terms at their peak so I am not so sure that the pleasure will be universal. I fact Beowulf must be a record breaker for AIM non delivery, making even Minoan (MIN), Eden Research (EDEN) and the other jam tomorrow producers, founded in the naughty nineties, look almost competent.

12 days ago

Tom Winnifrith Bearcast No 1: Steve O' Hara vs Chris Egleton, what AIM should be for and what it has become

I look at the records of the boss of Optibiotix (OPTI) and that of Minoan (MIN) and also explain why the former is just so extraordinarily cheap right now. Even O'Hara's critics, of whom there are many, can surely not argue with hard numbers.

31 days ago

Tom Winnifrith Bearcast: arguing with Gary, worried by Jo Hart going bullish on gold, welcoming more market falls and Minoan

I start with a row with Gary on foreign aid. There is a moral case for scrapping almost all of it and I explain that. Then why I welcome a further market correction and why the Mail on Sunday discovering gold is an alarm bell but on balance one I ignore. I cover Amaroq (AMRQ) and TDS and finally respond to my old pal Sohail on Minoan (MIN). 

728 days ago

Tom Winnifrith Bearcast: A day of amazing bravery and triumph for me at the Greek Hovel

Happy Good Friday from Greece. I describe my amazing triumph and then go on to discuss Carnival (CCL), Superdry (SDY), Minoan (MIN), Mirriad (MIRI), Ince Group (INCE), how companies that admit they are failing end up in a vicious circle and more. There may not be a Bearcast Saturday, it all depends on what time I make it back to Wales.

1075 days ago

Tom Winnifrith Bearcast: BP "record profits" a $23 bn loss & windfall tax economic illiteracy

I start on BP (BP.) and the crap talked about record profits, its actuall losses and a windfall tax.  Then I look at the Love Hemp (LIFE) scandal and who should go to jail.Then at madness at Vast Resources (VAST) and McColls (MCLS) and at why I cannot recommend a purchase in Minoan (MIN) and have not for a long time but will not stick the knife into a man who helped save my life. I look at why some Open Orphan (ORPH) shareholders should sue iii.co.uk.  Finally I have a look at Boohoo (BOO).  PS I will mention my new share purchases tomorrow if I can sort out a bit of paperwork. And PPS Thanks to the new donors to Rogue Bloggers for Woodlarks.we are now at 11% of target ( £5,582) but still98% of listeners have yet to donate. I am sure you can afford a fiver or a tenner, please give now HERE. 

1351 days ago

Tom Winnifrith Bearcast: Matthew's Dog will be on cloud nine as I am so angry with Nigel, the corrupt Sunday Times and with MyHealthChecked

First up, after I nudged Paul Staines (Guido) we did get that hat tip as you can see HERE. Cheers Paul. I then look at Babcock (BAB), Boatman Capital and the corrupt deadwood press, Minoan (MIN), the fraud Zoetic (ZOE) and its missing results, Kefi (KEFI), Supply@ME Capital (SYME) and the missing shares and then at MyHealthChecked (MHC) where I expect the shares to zoom within weeks but which is causing me to spit nails.

2212 days ago

Tom Winnifrith Bearcast: Minoan, be careful what you wish for

In today's bearcast I look at Minoan (MIN) as Richard Jennings of Align threatens to call an EGM, at RockRose Energy (RRE) and Independent Oil & Gas (IOG), RedT Energy (RED), SpaceandPeople (SAL), Majestic Wine (WINE) and at Motif Bio (MTFB).  If you enjoyed this, almost 100% profanity free, bearcast, follow a bloke from the Grim North who donated enough to buy a whole house in the welfare safari and support the Rogue Bloggers for Woodlarks HERE.

2379 days ago

Minoan serves up 'unusual' AGM statement - keep holding

Tom Winnifrith writes: Held at the offices of morally bankrupt, journalist smearing, lawyer bastards Pinsent Masons, aka an ethics free zone, the AGM from Minoan (MIN) contained a statement from boss Christopher Egleton which can best be described as “unusual”...

2400 days ago

Tom Winnifrith Bearcast: I stand with Donald Trump & the Minoan chairman is my friend but...

In today's bearcast I look at the danger of a stockmarket crash in light of a tweet from the great Donald Trump earlier today. I cover N4 Pharma (N4P), cue smutty schoolboy jokes as its shares flop, and then I take a detailed look at today's news from Minoan (MIN). If I was a shareholder I would be seething but should I be selling?

2673 days ago

Tom Winnifrith Bearcast: is Darren Atwater a metropolitan elitist lunatic or Britain's Buffett

I am still livid about matters concerning my wife's place of work and with it showing no sign of movement I have today discussed the matter with my lawyers.  Bah fucking humbug, there is no seasonal goodwill from me in 2017. In this podcast I discuss Inspirit (INSP) at length also Falanx (FLX) - shares in which we own - Low & Bonar (LWB), Minoan (MIN) and Gotech (GOT), formerly Guscio.

2675 days ago

Tom Winnifrith Bearcast - 7 days to Christmas and no ffing Goodwill from me, I am livid

I am livid about something not stockmarket related so the season of goodwill is cancelled in this house. On the agenda today: Earthport (EPO), Audioboom (CRAP), Minoan (MIN), Fishing Republic (TOAST), the quoted CFD providers, Telit (TCM) and Stanley Gibbons (SGI).

2932 days ago

Tom Winnifrith Bearcast - not a day I want to repeat

There seems to be a lot happening and as a result this bearcast comes to you from Shipston. I will head back to London later tonight and hope to see you all at UK Investor Show tomorrow. Pro tem I comment on Corero (CNS), Minoan (MIN), Amryt (AMYT) and Wishbone (WSBN) - we own the last two on that list and are very happy to do so. I also comment on allegations made elsewhere by the "share blogger of the year." 

2943 days ago

Tom Winnifrith Bearcast: You cannot finesse & trade fundamentals: ref Minoan & Wishbone

The Mrs (on maternity leave) is off galavanting somewhere. Eight days ahead of UK Investor, the busiest time of the year, I am babysitting. I am such a god damn frigging feminist. Anyhow I record this in terror lest Joshua wakes up. In today's podcast I explain why you cannot finesse a trade on a fundamental play and discuss Minoan (MIN) and Wishbone (WSBN) in that vein. I look at Digital Barriers (DGB) the latest triumph from Cloudtag (CTAG) moron in chief Liam Nichols. I discuss Tethys (TPL) which like Cloudtag is soon to leave the AIM Casino, Nyota (NYO) and London Capital (LCG).

3025 days ago

ShareProphets share tips of the year Number 21 - Buy Minoan says Tom Winnifrith

Minoan (MIN) has been something of an AIM uber-dog for many years. It is a stock that I have tipped with success once and with lack of success more than once. Its failure to deliver on gaining planning consent on its Cave Sidero site in Crete over more than a decade is perhaps why its shares languish at 6.25-6.5p. But 2017 will be THE year.

3140 days ago

Tom Winnifrith Bearcast: Cloudtag shareholders please note that "gay" is not a term of abuse

I start with an update on the baby, the frigging cot and that smug bitch on the internet. Then it is onto Optibiotix (OPTI), Minoan (MIN), Nighthawk (HAWK), Strat Aero, (AERO), Botswana Diamonds (BOD), a grammar lesson for the City's top oil analyst and finally a new golden rule for shares: the inverse relationship between the number of homophobic lunatics on a shareholder list and the long term prospects of a company. I refer of course to, drowning in red flags, Cloudtag (CTAG)

3260 days ago

Tom Winnifrith Bearcast - e-Therapeutics this stinks like a pile of rotting kippers at the height of summer

In this podcast I start with Baby Bear, Graham Neary, and why he is wrong on Fastjet (FJET). The trouble is that he is being too nice. Baby, try to remember that we bears are meant to be complete and utter bastards. I then discuss my own Greek planning woes and those of Minoan (MIN). Then it is onto e-therapeutics (ETX) and today's RNS which stinks to high heaven. This is now an A1 bargepole stock. I then cover Atlas African (AAI), Andalas (ADL) - what price the next placing?  - Hague London (HNL) and MX Oil (MXO) again what price its next placing? 0.1p looks about right to me.

3297 days ago

Minoan at 9p worth 21p or is it 41p or is it 61p?

Okay this reasearch from Equity Development is paid for and so it is unlikely to be headlined "screaming sell" but I happen to think ED is among the better of the paid for researchers (its all relative) and this report on Minoan (MIN) is logicaly coherent. It sets targets for the shares, now 9p, of 21p (short term), 41p (medium term) and 61p long term.