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Bit Of A Yarn

Chief Stipe

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Everything posted by Chief Stipe

  1. If you are referring to me that isn't what I said. Now you're just being an idiot or worse. Or perhaps someone whose cynicism doesn't allow them know much at all. Any owner or trainer with a talented horse that is good enough would be doing themselves and the industry a disservice by not targeting a black type race in OZ.
  2. Especially if you aren't eligible for the Slot Race or the KM. All roads lead to Ellerslie but not all the horses can go there for eligibility and track suitability reasons.
  3. Some went just south down the road about 20km to Byerley Park. About 7 or 8 trainers there.
  4. Yes I would have thought @Huey with his extensive knowledge and opinions on NZ Racing would have known that already. Perhaps his office trainee needs to put another column in the spreadsheet.
  5. Well that's the problem when you start quoting Equity figures as a sign that all is well when it isn't. They have an operating loss primarily driven by finance costs. That isn't financially healthy long term is it? Make it profitable or sell it before there is no equity left. Why does it matter? They played for the Crusaders end of story. What's more they WANTED to play for the Crusaders. Why? To advance their careers as much as possible. None of them went to Secondary School in Auckland either.
  6. The equity in 2021 was $128.5m. So between then and 2024 $34.5m in equity has been lost! Enough to probably pay ENTAIN's upcoming AUSTRAC fine! So seems to more dive than dip. Even if they sold Pukekohe for $70m they'd still be owing $10m in debt.
  7. I'm surprised @Gammalite you didn't pick up in the same report that ENTAIN had set aside $100m as a contingency in the accounts for an AUSTRAC fine and that mediation was still in process. They emphasised that the $100m was just a placeholder and not an indication of where negotiations were at.
  8. I'd say they'd prefer to target the Guineas however I think you'll find that Avantaggia is not eligible for the Kiwi B. Damask Rose went down the path it did because it had problems early in the season and was eligible for the Kiwi B.
  9. Geez here was me thinking you were an accountant. The $94m in equity (2024) has a bit of smoke and mirrors feel to it. It is down $14.6m in one year. That 2024 year the ATC had an operating loss of $14.6m. Most of that from revaluations and finance costs. I imagine the equity situation has worsened in the 2025 year.
  10. Where have I made excuses? What's the opposite of fanboy? Are you their No1 Hater? LOL the old online debating trick. Have you been to @Transparency and @Thomass school and trained in the art of making something up, attributing it to someone and then repeating it? Where did I say that Te Akau were the best trainers in Australasia? The rest of your argument is illogical. The only hypocrisy is in your cynical mind. Oh but it's OK for @Pitman to achieve in the same sandpit? BTW I know you rarely take those green envy lenses off but Te Akau have had considerable success in Australia. Anyway calling NZ Racing a sandpit just about sums up your Anti-Racing sentiment. @Comic Dog
  11. I'm pleased for you. Of course that adds even more mystery to the source of your cynicism.
  12. A friend of mine was at Matamata that day (a number of photos were posted on BOAY) - a huge number of horses went round. It was scorching hot and the track was flint hard. She felt it and didn't let down as did a number of horses that day. The instructions to Shinn were that she was just there for the education and not to push her around. I did see her in a paddock as a yearling and she was small and stocky and didn't look as advanced as the other yearlings.
  13. How many have you got racing in the South Island then? Are you achieving what you aspire to?
  14. There you go twisting what I said. I said any serious owner would aspire to their colt or filly winning Group status in Australia. As our top stables have proven you can take that path to winning in OZ by developing and racing your young horses in NZ. Surely you are not suggesting that an owner should take a negative view and resign themselves to winnning a $17k maiden after two years and 19 starts in the South Island? Did you get the office girl to do the spreadsheet for you? Normally you are confined to one short sentence cynical drive by's!! I answered those questions above. What I will add is that just like any big stable that invests in well bred yearlings Te Akau are not limiting their sights but are trying to maximise the potential of their purchases. I realise that might be a bit to simple for you to understand. Who in their right mind spends $250k on a yearling and targets a $17k maiden at Ashburton? Sure such a purchase might end up there but that was never the intention. Incidentally why don't you bag Marsh or Wexford? Or even Waller or Waterhouse? The latter has an appalling strike rate with money invested to wins.
  15. I think it is sad that the green envy lenses you look through blind you from any objectivity. Now you are crying a river for @Pitman when there has been no impediment to any stable building their business the way Te Akau, Marsh or Wexford have. Were you crying for any of the beaten brigade when Pitman won the National Trainers Premiership? Right back at you. But again those green lenses affect your comprehension. Te Akau have a better strike rate than Waterhouse and Waller and spend less. So perhaps the less financially resourced stables should take note of that. It doesn't worry Te Akau that they don't win the NSW or Victoria Training Premierships BUT (this is the point that escapes you) just like the Riccarton stable they have invested in the Cranbourne stable to add another way of maximising returns to their syndicate members. Go Racing do the same by spreading their horses around various trainers here and in OZ.
  16. It wouldn't be hard to beat Waterhouse or Waller's strike rate. Correct on the latter point which I stated previously. Te Akau have the best Black Type strike rate out of the Magic Millions January Sale.
  17. Not at all. I'm sure you'd find a lot of worth in your 20 start maiden winning one.
  18. Who knows when a horse wins 4 from 4. But the Sistema was 1200m not 1200m+1 stride. Just winning is better than just losing.
  19. On every Te Akau horses radar. Probably only the radar of any serious racehorse owner.
  20. Don't forget that they are already miles ahead of the previous mob that ran the TABNZ into insolvency. The new retail pods are light years ahead of the old ones.
  21. And Saturday’s
  22. @Brodie doesn't have a gambling problem. Why? Because he wins.
  23. At least revenue is on the up not down as many of you downers have been saying. If Harness is down on revenue then who whose fault is that? Not ENTAIN'S. PLUS there is another $100m in the pot due to the legislation passing. Now you should direct your attention to happens to that lump sum. Stakes or invest?
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