Playgolf Share Discussion Threads

[zztop] 27/1/2009 16:29

off topic...dont shoot...blah blah..

if you feel missed out here, trp an oil co, are gonna drill in march (company web site) at 2.6p positions already been taken.. dyor

[themoneymonster2] 27/1/2009 16:28

Yes that was me but sold too early!!

[induna123] 27/1/2009 16:23

Unfortunately I don't play golf either ;)

Somebody did well yesterday, 250k @ 0.2p.

[chesty1] 27/1/2009 15:59

Might be a hideous spread but if you got in early surely it doesn't matter.....

I didn't. Isn't it great when you watch these move north with ease without holding a single share...Gutted.

[ozzmosiz] 27/1/2009 15:27

LOL up it is too! haha
Still think the spread is hideous!

[chesty1] 27/1/2009 14:04

ouch Curry..!!

Still no announcement as to why though ???

Be lucky & you never know another few weeks of this & you might break even...LOL...

Be lucky

[currypasty] 27/1/2009 14:00

Im gutted to be in...... at about 16p average

[chesty1] 27/1/2009 12:43

Someone knows something & it doesn't look like bad news...

Gutted not to be in.

[chesty1] 27/1/2009 12:18

OK this one has been on my watch list for some time now...What gives with the share price rise, news to follow maybe a takeover looking at the chart...

No holdings for me here BUT well done to any bottom fishers.

[themoneymonster2] 27/1/2009 10:05

Can you two keep talking this down as it keeps going up, lol

[wooly62] 26/1/2009 19:26

Thanks. I wouldn't dream of buying as I don't believe in the company - it either needs to be bought or will fail IMHO. Obviously all DYOR.

[ozzmosiz] 26/1/2009 14:45

Called MM Games. Stay clear - spread is too wide!

[wooly62] 26/1/2009 13:34

what's going on here? someone suddenly want the stock, so something must be happening....

[wooly62] 30/12/2008 13:02

CP - not looking so rosy? it never did! I know we traditionally talk about birdies and eagles in golf, but I think these look more like a dead duck to me! Sorry if u still have a stake and I hope I'm proven wrong.

[currypasty] 27/11/2008 15:55

mcap only 250k now, but with debt at 10 mil, its not looking so rosey

[currypasty] 12/9/2008 16:22

12 September 2008
Playgolf (Holdings) plc

("Playgolf" or "the Company")


Further to our announcement of 22 July 2008 the Board of Playgolf, the developer and
operator of multi-sport facilities in the UK,
announces today that the Company and its bankers have reached a settlement with the Kilmartin
Property Group Ltd ("Kilmartin") concerning
the Company's joint venture with Kilmartin, Playgolf Kilmartin Limited, at the East Kilbride
development. For the financial year to 31
December 2007, Playgolf Kilmartin Limited recorded a loss of £76,135 and had net assets of
£1.92 million. Under the terms of the settlement
Playgolf has sold its shareholding in the joint venture to Kilmartin for a cash payment of
£500,000 and received repayment of an
intercompany loan of £190,880. The cash proceeds from the sale will be used to strengthen the
Company's balance sheet.

We are also pleased to announce that the Company has signed a 15 year lease to operate the
golf course, golf academy and driving range
at the East Kilbride site.

The Company remains fully committed to the success of the project and will be actively
working with Kilmartin to promote and let the
development.

[smelleroo] 06/5/2008 20:55

FOUR!!!!!!!! LOL

[currypasty] 07/4/2008 15:51

rapidly turning into a pile of poo!

[mangal] 04/3/2008 09:23

Would you want to invest in a Co whose director buys the Co shares in error, and then sells them at less than half the price bought ??? !!!!

[smelleroo] 04/3/2008 08:18

utter shambles - plus their cash balance is over stated by £100 because that is mine! LOL!

Thanks for the advice!

[currypasty] 04/3/2008 08:16

what a plonker !


Worry is he only got 3p for them. Unfortunately i still hold a few of these, talked into them by hoodless brennan a while back.... my last purchase from them..lol

[currypasty] 04/3/2008 08:14

RNS Number:2693P
Playgolf (Holdings) PLC
04 March 2008


Playgolf (Holdings) plc

("Playgolf" or "the Company")


Director/PDMR Shareholding


The Company has been informed of the following information regarding the
shareholding of Mr Michael Mealey, Executive Chairman.

Mr Mealey's SIPP purchased in error 145,170 Ordinary 0.2p shares on 31 January
2008 at a price of 8p per share. The Company was not informed. The SIPP
subsequently sold 145,170 Ordinary Shares at a price of 3p per share on 29
February 2008.

Following these transactions, there is no change to Mr Mealey's ultimate
beneficial holding.

[woracle] 03/3/2008 22:13

Smelleroo, was that to renew membership without your prior consent ? Just threaten to call your card issuer to do a chargeback ;) They should give it back then otherwise the amount of paperwork they have to do will give them headaches handling the dispute..

I used to like Metro before it was rebranded under Playgolf management. The new management is dire and greedy. The first thing they did was stoping rollover of your ball credits and lessons at the end of 12 months. They also made their various levels of membership less flexible so everyone just dropped a level or 2 to cheaper memberships rather than paying more for less.. The management really did mess this up big time by upsetting the core customers. OK the new customers may not notice but do they think we are idiots or something ? Whoever decided these basic changes losed a lot of customers and goodwill and should be sacked..

The only decent thing is the restaurant, especially the 2 for 1s evenings. Its not owned by Metro but I bet its got a better T/O and profits !

[smelleroo] 03/3/2008 21:59

they swiped £100 of my card at hendon and will not refund it! trading is dire and management are v weak! not sure this will be listed for too much longer!

[woracle] 03/3/2008 21:55

Been a member of Metro Hendon for 6 years but sad to say I will not be renewing when my membership runs out next month. Many of my friends there wont be either. The state of the balls has gotten so bad, whats the point..and in this cold, half the overhead heaters dont work and havent been repaired. The mats should have been replaced 6 months ago. The number of players is definetly down from previous years. Cant comment on the other sites but if the same policy applies and they wanna skimp on decent balls and mats, it will destroy their business very fast. They have been actively calling people up to renew.. that must be desperation. Golfers will walk..there are plenty of alternatives.