Home » today » Business » Behind the doors of Maximos, the colpo grosso of Motor Oil, the new appointment for the former “Lampropoulos” and the fake brokers – Economic Post – 2024-08-14 20:55:52

Behind the doors of Maximos, the colpo grosso of Motor Oil, the new appointment for the former “Lampropoulos” and the fake brokers – Economic Post – 2024-08-14 20:55:52

Lips…hermetically sealed

Better to keep quiet… this is probably the advice of the Prime Minister’s staff to him, in the face of the unspeakable disaster in the north-east of Attica.

There is no other way to explain that he has locked himself in offices and is having… meetings. After all, the package of measures for fire victims is “carbon” with all the packages that are announced from time to time.

And technical problems

If the arogi.gov platform also worked, it would be better. He had technical problems.

But that’s not enough… When I hear about the involvement of many agencies, I have a concern.

I also counted the ministries… six in number. That’s how much they need to work together, along with the Independent Inland Revenue Authority.

Don’t just lose the deal.

———–

The “lightning” of Motor Oil

MSCI’s decision to remove Motor Oil from Greece’s Standard index fell like a bolt of lightning.

Of course, for the most careful investors, perhaps the decision was not so… unexpected.

The difference of Motor Oil’s Float Adj Mkt is big, from the other 9 of the index.

Motor Oil

What is Float Adj Mkt?

The house is clear.

The metrics used to calculate the ratios reflect only those shares available to investors, not a company’s total shares.

In fact, to adjust the variance, shares held by other listed companies, government bodies or certain types of strategic shareholders are excluded.

Let’s not forget the stock composition of Motor Oil.

The management

So the management brought the announcement of the first half results on August 28.

The next day, i.e. on the 29th, the video conference with the analysts will take place at 16:30, instead of the 17:30 that was originally announced.

That is, one day before the big rebalancing due to the change in the MSCI indices.

Random?

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New appointment for former “Lampropoulos”

AcquaintancesAcquaintances

Something is moving in the case of the renovation of the property in Omonia that housed the former “Lampropoulos”.

I learn that the heads of Dimand and Notos Com have set a new appointment for the beginning of September, in order to discuss the future of the project.

What I have mentioned in passing provides for the addition of new uses (residential and offices).

I remind you that Notos Com, which leases the space under Michalis Papaellinas, told Dimitris Andriopoulos of Dimand categorically against the changes being considered.

After all, it is the flagship of the group that is attempting the complete recovery of its company.

Few, but “golden jobs”

The “jobs” that brokers do with the golden visa are now few, but good.

The “frenzy” of previous years, as real estate circles say in the column, has stopped noticeably after the changes in the acquisition limits for properties on the Athenian Riviera.

We remind you that the minimum threshold to secure a residence permit for the interested investor increased to 800,000 euros in the popular areas of Attica.

“Now we are closing bigger contracts”, noted domestic real estate agents.

He also hastens to add that the demand for buying real estate on tourist islands, such as Mykonos and Santorini, is just as high.

It is no coincidence, he tells us, that a large multinational in the area opened an office in Paros, which is flooded every summer by thousands of visitors, Greeks and foreigners.

And the “golden” advertisement…

And since we are talking about visitors, and “golden ones” at that, it was pleasant to see the legendary Mondo Duplantis enjoying Greek cuisine in Santorini.

And for those who don’t know him, we are talking about the gold medalist of the high jump, who shone in Paris, together with our own bronze “Manolo”.

The man has almost half a million followers and after his world record in Paris, he chose Greece.

Not for a “golden visa”, but to break his diet…

The fake brokers

But staying in the real estate industry, after the fake brokers, came the… fake presidents of the brokers.

As the Association of Civil Contracts Brokers of Athens – Attica informs us, in a recent television news report, of a well-known channel, a gentleman unrelated to the body in question was presented as President of Brokers, “who is not only not the President of our Association, he is not even our member” says the president Lefteris Potamianos.

Tough announcement

And then the warning: “Anyone who wants to question this democratic process, anyone who wishes to mislead the television and consumer public will find us against them, we reserve the right to respond by any legal means, to this deeply undemocratic, misleading and gross falsification of the truth they stressed.

————-

They will agree on the AMK in Mediterra

If nothing else… I would call it kind the decision of the Mediterra General Assembly to postpone the decision-making to increase the Share Capital, until “finding a time suitable for all Shareholders”.

This is how it was suggested by the representative of the Union of Mastic Producers of Chios, who is also the main Shareholder of the company, and it was approved.

After all, the postponement was decided due to the absence of shareholders above 5% in both the 2 extraordinary General Meetings of August 5 and 12, 2024.

I remind you that August 26 will also be the cutoff of the dividend for the company, amounting to 0.04 euros, if that plays any role for the dividend-hunters!


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