PHUMELELA TURNOVER SLUMPS BY R30 MILLION IN MARCH

Despite all the positive news on the stock market I am told by a reliable source that the company took a bashing last month. I am sure Vee would verify this.

Share price has doubled in last 12 months...

On the day of release of results, there was abnormal trading volume in the share...

Share History - Phumelela Gaming And Leisure Limited
Date Close High Low Volume
11/04/2014 2120 2125 2061 82,359
10/04/2014 2050 2050 2050 1,000
09/04/2014 2050 2050 2000 800
08/04/2014 1981 2000 1980 5,935
07/04/2014 1965 1980 1950 31,225
04/04/2014 1980 1980 1950 10,817
03/04/2014 1950 1999 1901 24,482
02/04/2014 1910 1930 1829 576,782
01/04/2014 1820 1820 1800 21,527
31/03/2014 1840 1840 1800 755

I hear there are now more finacial options and packages for bookmakers to take up pictures ... the very Churnover that PGE wants is the thing that has made them see the light it seems.

Hmmmm, if they think March was bad...wait till they see Aprils figures !!! Of ghe few local punters I speak to not one of them has bet UK, Mauritius or Singapore since no tv coverage.....

I would have thought the opposite would happen? if you cannie watch in the bookies go to the tote?

The Madji Wrote:

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> Hmmmm, if they think March was bad...wait till
> they see Aprils figures !!! Of ghe few local
> punters I speak to not one of them has bet UK,
> Mauritius or Singapore since no tv coverage.....


Makes sense ............I am one of them.
I know its a relative term,but I was not a big tote punter outside of local exotics and was surprised when I calculated how much it had reduced my spend by!

hibernia Wrote:

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> I would have thought the opposite would happen? if
> you cannie watch in the bookies go to the tote?


Here in KZN almost every bookie is a Tote agent!! It cannot be too good for Tote punters as these turf accountants prefer the straight bet, double trebles etc punter.

hibernia Wrote:

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> I would have thought the opposite would happen? if
> you cannie watch in the bookies go to the tote?


Hibs there are no way I would go and sit in our tote in Rustenburg again
a few years ago it was bearable but in recent years the tote are no being taken over by persons playing the soccer bets
they do not keep quiet during commentary so you can not hear
no space and they take up all the sitting space working out their multiple soccer bets
endless ques and no provision with betting world for betting windows for horse players exclusively
and when you get to window you find most of the operators no shit about the horse betting you ask for a yankee they fall of their chairs
thank you but no thank you.
I am sure their are plenty who feel like I do

I am sure there are exceptions but I think it's a bit like raffle tickets ....if it's in your face you take a ticket , but not too many people go out looking for raffles!
That is certainly how it affected me!

Interest in racing has been on the slide. The latest developments has been a death knell....we may not reverse the losses. What about the forum traffic..how much loss in interest. I am sure figures are down.

triple tempo Wrote:

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> Interest in racing has been on the slide. The
> latest developments has been a death knell....we
> may not reverse the losses. What about the forum
> traffic..how much loss in interest. I am sure
> figures are down.


We had more visitors last month than ever before , but the hits were slightly down, noticed the racing threads are quieter some days but getting plenty of views still

I'm glad they think nothing of us as punters,the time will come for thaws so called big shots to pack there bags and get lost,the gravy train will come to a stop soon.