MOD get the nod

oscar
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Re: Re:MOD get the nod

4 years 10 months ago

Bob Brogan wrote: A cannie be ersed registering, Sure some of you guys will want to listen.

Dear Bob,

Now that it's legal to cross provincial borders, Jeanette and I are off to the Kingdom (of KZN) tomorrow afternoon for a week's break in the Drakensberg. But only after hosting the Thursday Noontime webinar with two of the driving forces behind the business proposed rescue of Phumelela, SA's horse racing company. Will be back home in good time to host SA surfing great and inspirational teacher Shaun Tomson next Thursday.

Here's the full list of the Biznews webinars for the coming week, complete with registration links:

Thursday, 20 August (noon): Phumelela's Business Rescue Plan - guests Brian Riley (RA Chairman) and Charles Savage (RA director, better known as CEO of Easy Equities) join me to answer questions about the horse racing industry which would alredy have imploded were it not for funding from the Oppenheimer family. Here's the registration link:
attendee.gotowebinar.com/register/7823246642506682640

I will wait to listen to Shaun who grew up in Dbn with us guys, will be a lot more interesting

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Frodo
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Re: Re:MOD get the nod

4 years 10 months ago

#794570

Bob Brogan wrote: Surely the RA will be finished? there`s no need for them now!

Imo there is a need for an organization to look after owner's needs (as there is a need for one to look after punter's needs) - it's just that the RA has lost the plot many years ago :huh:

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mr hawaii
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Re: Re:MOD get the nod

4 years 10 months ago - 4 years 10 months ago

#794574

Frodo wrote:

Bob Brogan wrote: Surely the RA will be finished? there`s no need for them now!

Imo there is a need for an organization to look after owner's needs (as there is a need for one to look after punter's needs) - it's just that the RA has lost the plot many years ago :huh:

If the RA EVER looked after owner's needs Racing would not be in trouble - Instead of looking after owners(Racing) the RA was used as a tool to further the needs of a few - good riddance

Last edit: 4 years 10 months ago by mr hawaii.

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Bob Brogan
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Re: Re:MOD get the nod

4 years 10 months ago

#794576

Just to clarify, i was meaning in the way they had power over Phum when they held the RA held the purse strings...

Does that power die when the new company is formed?

Or is RA going to be given "Racing to run" ?

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Dave Scott
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Re: Re:MOD get the nod

4 years 10 months ago

#794591

I found the show very informative.

There appears to be no effort to recover any damage from the "baddies".

The new chaps certainly have a good grasp of the current situation and the best way forward.

It wont be easy and getting sign off from gambling board etc can be a painful process and things not going to change over night.

Will listen again on youtube and
Give further thoughts but it was great to get some transparency.

Mr Hogg a real professional at asking all the correct questions a must watch

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Dave Scott
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Re: Re:MOD get the nod

4 years 10 months ago

#794629

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Muhtiman
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Re: Re:MOD get the nod

4 years 10 months ago

#794638

Sylvester wrote: how will the RA be funded going forward?
what will happen with Kenilworth racing?
if phumlelela logistics sold or closed will this extra cost of race day transport be passed on to Owner?
when will stakes start returning to 2019 levels?

Dave Scott wrote: Should be worth a listen

If we could just get a simple one page explanation of what is actually happening.
Who will be in charge and what the action plan is going forward.

Thank you

......Kenilworth racing have a creditors claim for ZAR43BAR......do they take the cash or negotiate for a stake in the "Newco".....:huh:

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Bob Brogan
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Re: Re:MOD get the nod

4 years 10 months ago

#794641

Muhtiman wrote:

Sylvester wrote: how will the RA be funded going forward?
what will happen with Kenilworth racing?
if phumlelela logistics sold or closed will this extra cost of race day transport be passed on to Owner?
when will stakes start returning to 2019 levels?

Dave Scott wrote: Should be worth a listen

If we could just get a simple one page explanation of what is actually happening.
Who will be in charge and what the action plan is going forward.

Thank you

......Kenilworth racing have a creditors claim for ZAR43BAR......do they take the cash or negotiate for a stake in the "Newco".....:huh:

Why would they not claim?

Ps although the punters don’t agree( pool sizes), Kenilworth’s racing product is a huge part of the TV overseas rights and without them it’s hard to sell

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