Welcome to EQUITY DEVELOPMENT
The UK's longest established regulated provider of sponsored equity research.
We launched EQUITY DEVELOPMENT in 1997 becoming the first ever regulated provider of Sponsored Equity Research in the UK.
Our research teams are made up of expert analysts with deep understanding & experience in their sectors. Our research is distributed to all relevant investment classes & commentators. (at no cost to the reader).
We have made our name by specialising in those companies who are not receiving the attention that they merit, using detailed commentary, appropriate valuation metrics and regular publications to help eradicate undervaluation in the medium term.
Search for Company Research
FREE REGISTRATION
Sign up today and access the very latest company research
LOG IN
For access to all company research please
Minoan Group
The Minoan Group is engaged in the design, creation, development and management of the Cavo Sidero Project in North East Crete, which is planned to be a luxury tourist site embracing hotels, golf courses, villas and apartments.
The Final Hurdle
£1.4m placing should ensure sufficient cash to start of Cavo Sidero project
New Greek National Land Plan favourable to Minoan
Target price reduced to reflect more conservative assumptions but, at 180p / share, is still much higher than the current price of 30p
Huge value of Cavo Sidero project becoming more visible
- Minoan admitted to AIM
- Revised share price target of 228p (from 175p previously) versus current 98.5p
- Revised target allows for delays in Cavo Sidero and includes a risk factor
- Valuation compares favourably with Dolphin Capital Investors
Minoan gets green light for massive resort development in Crete
- Govt approval granted for Cavo Sidero
- Main construction to begin middle 07
- Fair value of 175p vs current 94.5p
Minoan; exciting Mediterranean resort development
- Development of luxury site in Crete
- Land valued at 80m vs 15m market cap
- Support of Greek Prime Minister
- Construction to begin 06
- Short term price target 100p (currently 50p)
