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** JACKPOT SYNDICATE ** OFFICIAL THREAD ** 357 SHARES FINALISED FOR SEPTEMBER 25TH 2017 ONWARDS ** O

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  • Phantom66Phantom66 Member Posts: 5,542
    edited May 2017
    WP G and Mr V.

    I only wish disagreements in certain other parts of the forum were resolved in such a gentlemanly fashion.
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  • MISTY4MEMISTY4ME Member Posts: 6,320
    edited May 2017
    In Response to Re: ** JACKPOT SYNDICATE ** OFFICIAL THREAD ** ALL DIVIDEND PAYMENTS HAVE BEEN MADE AND SHOULD BE VISIBLE IN YOUR BANK ACCOUNT ** SHARE DEALINGS ARE NOW FROZEN UNTIL 26TH MAY 2017:
    Nice posts guys.
    Posted by Snuffer
    +2

    Well done to both of you.

    I will keep following your thread Vaigret, and I'm sure Graham will too, because of the very useful info you give with your selections..... and I've already backed a couple of nice winners from you. Thank you

    GOOD LUCK to us ALL
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  • StayOrGoStayOrGo Member Posts: 12,181
    edited May 2017
    I have just taken a look at tomorrow's cards.

    I have decided it's a NO-GO no matter where the Jackpot is.

    A combination of, not enough of a roll over and fairly tricky cards.

    Cheers,

    G
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  • StayOrGoStayOrGo Member Posts: 12,181
    edited May 2017
    Dear all, I am happy to say that the expected £920 has been received in the Jackpot Syndicate Bank Account.

    This represents 184 shares which is one less than last month due to Vaigret leaving us.

    As always I will send screenshots of the bank transactions to Dollie and Snuffer.

    Please note this £920.00 is not "usable" until 01/06/2017 as it represents payments for June's bets.

    As such I have just left it in the bank account.

    So there are currently two ledgers on the opening post. One for the "in play" funds and one for the "held funds". These will merge into one ledger on 01/06/2017.

    Cheers,

    G

    P.S. I will post details later tonight as to how people can increase their number of shares if they wish, and/or how new members can join.
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  • HouseKeyHouseKey Member Posts: 2
    edited May 2017

    I confirm that I, HouseKey (Formally referred to as Evelyne),  have two shares per month purchased for me by STAYORGO

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  • StayOrGoStayOrGo Member Posts: 12,181
    edited May 2017
    There is now a short window (until 28/05/17) for new share requests.

    Please read the rules, and post you requests on the thread below:

    https://www.skypoker.com/secure/poker/sky_lobby?action=show_static&page=poker_community_forums&plckForumPage=ForumDiscussion&plckDiscussionId=Cat%3ae0fe4c56-4826-4c14-a350-298f784f4e3dForum%3a902ab96e-b209-4e97-96a2-98a6b9a864a8Discussion%3aad38bc3b-37f1-4fc8-8a21-dc15458efe3c

    Cheers,

    G
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  • thislteduthisltedu Member Posts: 399
    edited May 2017
    Hi Graham,
    I must say your changes/rules make complete sense to me. I especially like the idea of those putting the most effort being allowed to buy more shares.
    Best of luck to all.
    Donald
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  • StayOrGoStayOrGo Member Posts: 12,181
    edited May 2017
    In Response to Re: ** JACKPOT SYNDICATE ** OFFICIAL THREAD ** SHARE DEALINGS ARE NOW OPEN UNTIL 23:59 ON 28/05/2017 **:
    Hi Graham, I must say your changes/rules make complete sense to me. I especially like the idea of those putting the most effort being allowed to buy more shares. Best of luck to all. Donald
    Posted by thisltedu


    Thank you Donald, I know it allows me to buy more shares than some others, but I do think it is fair as it potentially "rewards" both those who contribute the most and those who were in it from the start. (before the winning first month was known)

    TY for this post and the endorsement of the process, much appreciated.

    G

    P.S. As an original member, if you wish in the future, you can go as high as 40 shares, provided the 500 cap is not exceeded, whereas new member maximum is 20. I think this is fair as you took the initial "chance".
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  • MISTY4MEMISTY4ME Member Posts: 6,320
    edited May 2017
    Just out of interest Graham, how will you work out the price of the shares for the new issue?
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  • StayOrGoStayOrGo Member Posts: 12,181
    edited May 2017
    In Response to Re: ** JACKPOT SYNDICATE ** OFFICIAL THREAD ** SHARE DEALINGS ARE NOW OPEN UNTIL 23:59 ON 28/05/2017 **:
    Just out of interest Graham, how will you work out the price of the shares for the new issue?
    Posted by MISTY4ME
    Hi Mist, in answer to your question, please see spreadsheet and thread below. (Spreadsheet is based on current requests at the time of posting (1.40am on 25/05/17) and current share value of £10.55 at time of posting, so both are subject to change by 30/05/2017)


    		J-POT SYND SHR DETS AS OF 25/05/17 01:21:00






    		ADDITIONAL
    		NEW
    SKY SYND 24/05/17 MAY 24TH ADD TOT 1-OFF PAY 31/05/17 MTHLY SO
    POKER INITIAL MTHLY S. ORDER SHR SHRS BASED ON ONE OFF AMT FOR
    ALIAS SHRS AMT AMT REC REQ REQ £10.55/SHR PAY REC JUNE 24TH
    1981MATT 4 £20.00 £20.00 0 4 £0.00 £0.00 £20.00
    BEARACE 2 £10.00 £10.00 0 2 £0.00 £0.00 £10.00
    CHRISPIP 4 £20.00 £20.00 0 4 £0.00 £0.00 £20.00
    DOLLIE 5 £25.00 £25.00 0 5 £0.00 £0.00 £25.00
    DONTTELMUM 5 £25.00 £25.00 0 5 £0.00 £0.00 £25.00
    GONEDOGGIN 5 £25.00 £25.00 0 5 £0.00 £0.00 £25.00
    HOUSEKEY 2 £10.00 £10.00 0 2 £0.00 £0.00 £10.00
    IH8UBUTLER 5 £25.00 £25.00 0 5 £0.00 £0.00 £25.00
    IRISHROSE 10 £50.00 £50.00 20 30 £211.00 £0.00 £150.00
    JORDZ16 10 £50.00 £50.00 0 10 £0.00 £0.00 £50.00
    LIMP2LOSE 10 £50.00 £50.00 0 10 £0.00 £0.00 £50.00
    MAXALLY 10 £50.00 £50.00 0 10 £0.00 £0.00 £50.00
    MICKYBLUE 4 £20.00 £20.00 0 4 £0.00 £0.00 £20.00
    MKGUNNER 5 £25.00 £25.00 0 5 £0.00 £0.00 £25.00
    MONKEYGLB 20 £100.00 £100.00 0 20 £0.00 £0.00 £100.00
    ONEJOHNB 2 £10.00 £10.00 0 2 £0.00 £0.00 £10.00
    RABDENIRO 1 £5.00 £5.00 0 1 £0.00 £0.00 £5.00
    RSPCA12 25 £125.00 £125.00 0 25 £0.00 £0.00 £125.00
    STAYORGO 30 £150.00 £150.00 50 80 £527.50 £0.00 £400.00
    THE_BUCKLE 5 £25.00 £25.00 0 5 £0.00 £0.00 £25.00
    THISLTEDU 5 £25.00 £25.00 35 40 £369.25 £0.00 £200.00
    WYNNE1938 5 £25.00 £25.00 0 5 £0.00 £0.00 £25.00
    ZADOC 10 £50.00 £50.00 30 40 £316.50 £0.00 £200.00


















    TOTALS 184 £920.00 £920.00 135 319 £1,424.25 £0.00
    Cheers,

    G
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  • StayOrGoStayOrGo Member Posts: 12,181
    edited May 2017
    The significant point is that the "Value per Share" BEFORE the additional requests will equal the "Value per Share" AFTER the additional requests. Hence no-one will be disenfranchised by the process.

    If anyone has any concerns/questions regarding this process, please email me rather than post, as posts querying or questioning this process can cause unnecessary confusion and doubt for others.

    As always, formulas are used to validate the various calculations:

    Cheers,

    G

    P.S. Please can auditors Dollie and Snuffer verify to the forum that this process does indeed ensure the share value remains the same and that people are not disenfranchised. So people that are unsure of the maths, don't just need to take my word for it.
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  • StayOrGoStayOrGo Member Posts: 12,181
    edited May 2017
    For more info re the above two posts and to request additional shares, please use the thread below:

    https://www.skypoker.com/secure/poker/sky_lobby?action=show_static&page=poker_community_forums&plckForumPage=ForumDiscussion&plckDiscussionId=Cat%3ae0fe4c56-4826-4c14-a350-298f784f4e3dForum%3a902ab96e-b209-4e97-96a2-98a6b9a864a8Discussion%3aad38bc3b-37f1-4fc8-8a21-dc15458efe3c


    Cheers,

    G
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  • StayOrGoStayOrGo Member Posts: 12,181
    edited May 2017
    Please see thread below to clear up some mis-conceptions re "Hedging":


    Cheers,

    G


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  • SnufferSnuffer Member Posts: 3,057
    edited May 2017
    In Response to Re: ** JACKPOT SYNDICATE ** OFFICIAL THREAD ** SHARE DEALINGS ARE NOW OPEN UNTIL 23:59 ON 28/05/2017 **:
    The significant point is that the "Value per Share" BEFORE the additional requests will equal the "Value per Share" AFTER the additional requests. Hence no-one will be disenfranchised by the process. If anyone has any concerns/questions regarding this process, please email me rather than post, as posts querying or questioning this process can cause unnecessary confusion and doubt for others. As always, formulas are used to validate the various calculations: Cheers, G P.S. Please can auditors Dollie and Snuffer verify to the forum that this process does indeed ensure the share value remains the same and that people are not disenfranchised. So people that are unsure of the maths, don't just need to take my word for it.
    Posted by StayOrGo
    I have looked at the figures and the current share value of £10.55 is correct, any additional shares requested between now and 28/05/17 will not change the share value.
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  • StayOrGoStayOrGo Member Posts: 12,181
    edited May 2017
    I have had a brief look at the Goodwood card tomorrow and would be a go apart from the very tough last leg. I am on my phone atm. So I will make a decision at about 7pm tonight when I am back home. Cheers. G
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  • StayOrGoStayOrGo Member Posts: 12,181
    edited May 2017
    Looking in more detail, it is highly likely to be at Haydock, a very tough card indeed.

    Anyhow, whichever meeting it is (Out of Goodwood or Haydock)

    It will be a NO-GO.

    Cheers,

    G
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  • 1981MATT1981MATT Member Posts: 1,776
    edited May 2017
    Hi, understood so far and working well just one question not that I'm going to but just for future ref if you wanted to decrease your shares would you receive a payment of current share value (10.55) per share and then decrease the standing order by £5 a month
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  • StayOrGoStayOrGo Member Posts: 12,181
    edited May 2017
    In Response to Re: ** JACKPOT SYNDICATE ** OFFICIAL THREAD ** SHARE DEALINGS ARE NOW OPEN UNTIL 23:59 ON 28/05/2017 **:
    Hi, understood so far and working well just one question not that I'm going to but just for future ref if you wanted to decrease your shares would you receive a payment of current share value (10.55) per share and then decrease the standing order by £5 a month
    Posted by 1981MATT
    Hi Matt, can I answer this on 31st May 2017 when we know the actual figures, otherwise it will cause more confusion than clarity.

    I promise I will answer your question, but easier when the factors are know quantities, which they will be on 31/05/2017.

    Cheers,

    G

    P.S. Just to answer it "partly". Yes is the answer, on the assumption that they made their usual payment on 24th. On 31st you will see how I deal with Vaigret's share, which is effectively being reduced from 1 to zero. However he didn't make his payment on the 24th of May, so "as it stands" will receive £5.55 not £10.55. So whether you'd get £10.55 or £5.55 per share depends upon whether the full payment was previously made on 24th. Regarding the potential request to "reduce" shares, you'd do it in the same way as an increase (on the other thread) and you will be reimbursed accordingly on 31st of the month. .Hope this helps.
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  • StayOrGoStayOrGo Member Posts: 12,181
    edited May 2017
    Hi again Matt.

    Following on from your question and to make things clear, I have updated the thread below re how we are dealing with Vaigret's reduction in shares.

    https://www.skypoker.com/secure/poker/sky_lobby?action=show_static&page=poker_community_forums&plckForumPage=ForumDiscussion&plckDiscussionId=Cat%3ae0fe4c56-4826-4c14-a350-298f784f4e3dForum%3a902ab96e-b209-4e97-96a2-98a6b9a864a8Discussion%3aad38bc3b-37f1-4fc8-8a21-dc15458efe3c

    Hopefully that answers your question more fully.

    Cheers,

    G
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  • StayOrGoStayOrGo Member Posts: 12,181
    edited May 2017
    Just an early heads up for tomorrow.

    All the potential Jackpot cards look very tough tomorrow (Sat 27th May), so I am almost certain it will be a NO-GO regardless of where it is.

    Cheers,

    G
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