On sunday we had 5 selections for our latest plan and had just one winner but that was at $6.10 so a small profit. Our current outlay is $60 per runner and win only.
Members using Winform Powerplay and e/w on the plan should have cleared another two or 3 series after we lost our previous series, the first series loss since April 10th but still over $7,000 approx in the bank.
In my PSP, I have lalso included the Betsmart outlays and returns which are based on a maximum outlay of $50 a race, sometimes a little more and sometimes less. On Saturday we made a small profit but nevertheless a small profit as we want use as monay money backs as we can get and these are limited to $50 maximum and one runner only.
I am gradually overcoming my tax work and hoping for an early result to help me plan the ongoing year.
I did reinvest in ZIP this year even though I was still sitting on a huge loss from my last purchase at $7. By buying more at the much lower prices earlier this year my average is down to $2.21 which I am sure will be much higher than that by year end as ZIP is effectively debt free and in profit leading into the new financial year. I think what could have been if they had not spread their investments too far in the UK, Saudi Arabia, Europe and Singapore. The USA has been a major success as Australia/New Zealand has reached and become a saturated market. USA could see a doubling and then tripling and more over the next few years.
I’m also heavily involved in 3DA which has started producing specialist powders for use in the air and space industries in the US. It cost me as little as 6.8c a share and now trades between 40c and 50 or so. Not many people know about it but it was started by Monash University here and now US based due to substantial subsidies which are not available here.
Anyhow, plenty of info out there if you want to have a look.
Two selections today Rocky Race 1 5 (not so excited about this one) and Rocky Race 7 10 currently at $1.22 and nothing from me at that price after I took $1.70 about our only selection yesterday which got as low as $1.45 and flopped badly.
The now defunct Cessnock racecourse was a gold mine for us over the years and featured in one of our magazines with an interview with the Berry boys. Its a good read.