Chief Stipe

It's relative to the individuals utility. What would you spend?

That's why "experienced punters" are more and more wagering on Australian races especially NSW and VIC where there is a lot of exposed form and information.

If it was a training centre they wouldn't have had "bedding-in" problems. Yep a crossing for cars - not horses.

They still have a crossing as well!!!

Do you have a link to the news? Essentially INCA ended last December when the charged put a stay on the last two charges. There are some obvious targets at the RIB who should be on shaky tenures. But I doubt it will happen even the honourable "retiring after x years of dedicated service" won't happen!

Let alone neither NZTR or the complicit clubs listening to what the key people in the game wanted - i.e. The Trainers. Both NZTR AND Metro Club management believe that they know better. CD Trainers said NO - but did either RACE or NZTR listen? I wonder how many trainers were consulted BEFORE the Ellerlise debacle began? Would any trainer who cared for their horses (they all do care as it is the horse that delivers their income) not have suggested that Ellerslie correct the shape of the course to make the racing safer and fairer?

You ignore the fact that the majority of big CD stables didn't want the AWT. Their trial and jumpout requirements were already being more than adequately catered for. They wanted invested in safe and fair turf tracks for racedays I.e. the big dances when the money is up. White 🐘

So what would you pay for a Group race success?

You're obviously not on the GRNZ mailing list. Not sure why... I understand the quarterly report is with the Minister. Isn't up to the Minister to release that?

LOL another channel reckons the aggregate salesperson knows all about the track and it will come right with racing! Really that's taking the crash test dummy to the extreme. In my opinion racing may reduce the slipping but it will because the surface will be roughed up. Which isn't great for racing on. I've walked a few tracks this past season and the best I've seen was Matamata. Especially given the amount of racing it got. Te Aroha was OK too until it was diseased. The Matamata Club offered to help but there assistance was turned down.

Post the core sample picture from here.

What do you think of that core? It doesn't look right to me. Verti-draining and deep coring and then filling with sand again will only perpetuate the problem. Of course each time they do it they will increase the organic matter content in the soil. They could have acheived that with a better top layer mix than straight sand.

You haven't read my previous posts and/or don't understand them. Such is the blindness of bias. Any Syndicator, like any business, has products they pitch to different market segments. The informed customer chooses the product that suits their needs and/or aspirations. So for a start unless you were a fool you wouldn't buy a share in ALL the yearlings available. You'd buy shares in yearlings that match your budget, your pedigree preferences and your ownership goals. So for example - a Stallion Making Syndicate (normally the highest priced yearlings) is aimed at a market that can afford the entry costs and who are probably the least risk averser purchaser. Many if not most have a bloodstock company and are utilising the tax breaks that come with that option. These customers KNOW that the odds of a yearling colt making a stallion prospect are slim. But they also know that the rewards when it happens can be very very substantial. There is the other type of owner who looks to purchase into well bred fillies knowing that at the end of their racing career (whenever that may occur) they have some residual value. That is the can expect some of their initial purchase price back. If the filly happens to do very well then they will make a return on that investment. Then there is the sophisticated owner who takes a share portfolio approach to buying yearling shares. They might purchase shares from as little as 2.5% in 5 or more horses. Some will mix and match the value of those horses e.g. 1 x a high priced well bred colt, 3 x moderately price well bred fillies and another that their partner likes the colour of. They've spread their risk. Of those 5 horses only one needs to perform exceptionally to improve the average ownership ROI of -75%. I've met a group of owners that have selected very well and have 5% share in 20 horses - i.e. they are effectively owning one horse. Those owners haven't paid a training bill for a while and look set to get a positive return on their initial investment. That said they aren't doing it for the investment but for the fun and enjoying winning Group Races. Now if you haven't ever had black type success then you would be advised to purchase a share in 5 horses with a Syndicator that has a 1 in 5 hit rate of winning black type from a particular sales draft.

Isn't the standard process for minutes publication to be after approval which is the month following meeting.

You're 🎳 underarm.

Yep.

Lose your PR/Communications person Paul.

Interesting fact - both Imperatriz and Verry Elleegant won at Ruakaka.

This is so disappointing. Everytime that I've had a horse racing at Ellerslie since 2004 I've walked the track early race day. When I heard they were spending big dollars and taking 18 months to build a new StrathAyr track I thought the worm had turned. I have walked Ellerslie three times since Karaka Millions night and have been very very disappointed. So where are all the scheduled stakes races for Ellerslie going to be next season? I hope Riccarton has sorted their shit out ...I'm not confident.

FFS Sharrock and Clement should turn up. Both are responsible for providing fair and safe tracks.

Well the latest is the 25 May meeting has been moved to Pukekohe!!

I know what you mean. I was lectured to by some of the best turf and sports field experts in the world. None of what I've seen at Ellerslie resonates. I'll ask the question again who is the Sandman?

Forgot to add that 10,800 cubic meters cost about $648,000 at $60 a cubic meter. So that leaves another $54.3m that was spent in not changing the iconic shape and rocks and gravel.

They're flying in the StrathAyr people to work on the track that the ATR customised to NOT be a StrathAyr.

But your analysis doesn't stack up. Not that you have provided much more evidence than Frankel.