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Wairarapa are trending well. I have not seen the financials for 31-07- 2025 but for 2024 they recorded a profit of $100k and $190k for 2023. To my knowledge they have not sold any real estate in the last 10 years. Working capital = $400k and with no term liabilities. -
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By Chief Stipe · Posted
Well aside from @Freda doing your homework for you @Huey you are both wrong. Neither was earning enough from core activities to maintain core racing assets. Hokitika was doing exactly what the big Clubs have been doing - selling assets to fund operations. -
By Chief Stipe · Posted
I agree plus it seems they picked up more in November driven by the Melbourne Cup Day. -
I would say outside of those clubs who are in the racing mafia family most of it is dependent upon what enthusiasm still exisits there and NZTR playing fair with them , the later very unlikely.
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