PHUMELELA STOCK EXCHANGE NOTICE
- Dave Scott
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- Over the Air
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Re: PHUMELELA STOCK EXCHANGE NOTICE
5 years 7 months agoDave Scott wrote: End of November Oscar
I think one of two things are going to happen:
1. Results will be delayed again. Normally this would have a catastrophic effect on the share price, but because it is so tightly held it will continue to be artificially manipulated. The few available shares will be absorbed and end of day trades utilised to keep appearances.
2. Results will be released after the market closes on either the 15th or 22nd November. There are two main reasons for this. The first and strategically most important is that results need to be out timeusly before the traditional AGM in early December, and secondly coming to market before the promised date might create some type of illusion that things are better than they appear.
Let's see how accurate I am.
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- oscar
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Re: PHUMELELA STOCK EXCHANGE NOTICE
5 years 7 months ago
OTA you are normally 100% spot on, thanks for that mate.
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- oscar
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Re: PHUMELELA STOCK EXCHANGE NOTICE
5 years 6 months ago
For how long now have I been warning people in racing about this management.. all the Sporting Post articles I’ve begged.. I’ve told top trainers and owners for months now.. I’ve asked as an RA member to be invited to the meeting and discuss how owners can help.. now it’s all coming to reality nobody thought they would see the day.
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- Muhtiman
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Re: PHUMELELA STOCK EXCHANGE NOTICE
5 years 6 months agoOver the Air wrote:Dave Scott wrote: End of November Oscar
I think one of two things are going to happen:
1. Results will be delayed again. Normally this would have a catastrophic effect on the share price, but because it is so tightly held it will continue to be artificially manipulated. The few available shares will be absorbed and end of day trades utilised to keep appearances.
2. Results will be released after the market closes on either the 15th or 22nd November. There are two main reasons for this. The first and strategically most important is that results need to be out timeusly before the traditional AGM in early December, and secondly coming to market before the promised date might create some type of illusion that things are better than they appear.
Let's see how accurate I am.
....now that we are on the same page....
In A SENS announcement issued on Friday 15 November, the Johannesburg Stock Exchange (‘JSE’) = advises that Phumelela Gaming & Leisure Ltd has failed to submit its provisional report within the three-month period stipulated in the JSE’s Listings Requirements.
Accordingly, the company’s listing on the JSE trading system has been annotated with a ‘RE’ to indicate that it has failed to submit its provisional report timeously and that the listing of this company’s securities is under threat of suspension and possible removal.
If Phumelela still fails to submit its provisional report by end of November 2019, then its listing may be suspended.
This announcement has been placed by the JSE in the interest of shareholders.
.....TICK TOCK....:dry:
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- oscar
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Re: PHUMELELA STOCK EXCHANGE NOTICE
5 years 6 months ago
Owners put a lot of hard earned money into this game.. all we want is to be heard and give our advise.. the people who fell into the pit to own shares in this must be feeling sick ! Unless they were the ones who collected all the dividends year after year
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- Muhtiman
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Re: PHUMELELA STOCK EXCHANGE NOTICE
5 years 6 months ago
.....and that gr8 slogan for selective owners finally rings true.....Who is looking after you.....:lol:
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- jim
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Re: PHUMELELA STOCK EXCHANGE NOTICE
5 years 6 months ago
i blame ota for this. he has to accept full responsibility. he wagered a bottle of johnny black that the price would be below 100 come 1 december. ever since then he has waged a huge campaign to force the price down. what some people will do for a bottle of whiskey
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- Muhtiman
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- Over the Air
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Re: PHUMELELA STOCK EXCHANGE NOTICE
5 years 6 months ago
The stage is magnificently set for the closing trade of 500 shares at 230 today
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- oscar
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Re: PHUMELELA STOCK EXCHANGE NOTICE
5 years 6 months agoOver the Air wrote: The stage is magnificently set for the closing trade of 500 shares at 230 today
Shot OTA correct..ok so 15th Nov gone so wait for Jock International or my call wait for Summer Cup to finish and then release..also they have to get the CTS through as they cannot risk those prices plummeting, so many agendas.
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- Bob Brogan
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Re: PHUMELELA STOCK EXCHANGE NOTICE
5 years 6 months ago
Can`t think of any incentive to buy at the CTS
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