RA offering shares

Muhtiman wrote: .....Warren we are mostly sour about what has transpired with this saga.....however should PHUM shares plummet......game over.....the Racing Trust holds around 35% of these shares and I am led believe the magical stakes formula and special RA members additional winning bonus are derived from dividends on these shares.....

....should stake increases be curtailed or even reduced.... many more owners would be driven from the game...a balance needs to be achieved.....I for one believe that with Jooste out of the way and the more level headed Kantor at the helm.....racing's best interests will be served..... ....he is a brand builder of a more finesse business approach.....would not be surprised if he was directly involved with propping up these shares.....not only to protect his own nut....but has racing close to his heart....

....this 18 you are hearing.... may be the number that someone could have put a sell order on to try and cash out.... :ohmy:....but as other posters and even I have eluded to the share cannot be propped indefinitely.....and sadly will begin to slide....those that that have been remunerated with or coaxed into investing in them.... must now take the poison that came with them.... :oops:

Muhtiman wrote: .....Warren we are mostly sour about what has transpired with this saga.....however should PHUM shares plummet......game over.....the Racing Trust holds around 35% of these shares and I am led believe the magical stakes formula and special RA members additional winning bonus are derived from dividends on these shares.....

....should stake increases be curtailed or even reduced.... many more owners would be driven from the game...a balance needs to be achieved.....I for one believe that with Jooste out of the way and the more level headed Kantor at the helm.....racing's best interests will be served..... ....he is a brand builder of a more finesse business approach.....would not be surprised if he was directly involved with propping up these shares.....not only to protect his own nut....but has racing close to his heart....

....this 18 you are hearing.... may be the number that someone could have put a sell order on to try and cash out.... :ohmy:....but as other posters and even I have eluded to the share cannot be propped indefinitely.....and sadly will begin to slide....those that that have been remunerated with or coaxed into investing in them.... must now take the poison that came with them.... :oops:

naresh wrote:

Muhtiman wrote: ...

According to comments on Sportingpost, Kantor, already got a piece of the pie through some transport contract. Conflict of interest? Or he can be like Koko of Eskom.

I don't believe in this ideology of Black First Land First and they always bellowing Stellenbosch Mafia/Brigade. Maybe they onto something like a bygone era of the Rothschild....

Len Sham wrote: 235 000 shares traded yesterday at R 17.48

Len Sham wrote: OTA you cant resist u the only bright spark in racing covering all topics.

Len Sham wrote: 235 000 shares traded yesterday at R 17.48

The missing link wrote:

Len Sham wrote: 235 000 shares traded yesterday at R 17.48

The only guy with deep enough pockets to prop up the share price, will end up owning the whole company to save it :whistle:

Non-Executive Chairman : B Kantor
Number of shares : 235 000
Price per share : R17.4892
Highest price per share : R17.49
Lowest price per share : R17.40
Average Price per share : R17.4892
Date of transaction : 18 December 2017
Value of transaction : R4 109 962.00
Class of shares : Ordinary
Nature of transaction : Purchase, on market
Nature of interest : Direct Beneficial