Gold Circle vs Tony Rivalland

  • AnthonyMann
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Gold Circle vs Tony Rivalland

14 years 8 months ago
#103238
See RacingWeb News item. Tony tilting at windmills again. It's time Gold Circle took cap in hand to Hassen Adams and ask him to continue the process of amalgumating with Phumalela. Durban / Cape racing will not survive otherwise. Look at Flamingo Park, Kimberley or Port Elizabeth to see the advantage of amalgumation. Sure, we MIGHT get the bad end of the stick, but as members AND STOCK HOLDERS, we can have a bigger say.

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  • Jack Dash
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Re: Re: Gold Circle vs Tony Rivalland

14 years 8 months ago
#103241
Doesn't look like there's much say with the member/stockholder system right now?

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  • Andrewest
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Re: Re: Gold Circle vs Tony Rivalland

14 years 8 months ago
#103243
All depends who is going long or short on the shares?
More money is made with 2 companies merging via the stock brokers.

One needs to view the bigger picture, who are the players (not the management or shareholders), what is their strategy, are they going long or short on the shares.

Then the operational issues will be addresses, who lose their jobs, who gets the new position, who makes it to the inner circle.

The shareholders are pawns, their money lost or won is the last worry.

Mobilise Greg Blank, he will act on the shareholders interest, and surely he will make a few million too.

But beware : -
First we expand by merging or acquiring companies
Then we right size, merge the IT, staff, buildings etc
Then we down size - too many staff, buildings, IT etc
Then we CAPSIZE - share price drops - ready for take over by another group - every 5 or so years

Hence, it is not always the best route to merge.
Perhaps GOLD CIRCLE (CAPSIZED) should restructure management on the P A E I principals and stay on their own?
Could be better for the future of shareholders and racing monopoly.

Perhaps PHUMELELA should consider the P A E I principals too and restructure?

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