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Bit Of A Yarn

Chief Stipe

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Everything posted by Chief Stipe

  1. Notice the population in surrounding suburbs? 2018 Census - Kumara 285 pop. I suspect they counted a few possums in that number though.
  2. Betting Profit is tracking pretty well but Gaming Profit is taking a hit due no doubt to people being locked out of Pokie rooms. The Pokie's have long been a strategic weakness with $21m of net Profit contingent on them performing.
  3. September Operational Performance Reported Profit for the month was $13.8m, which was $1.6m above Budget. Operating Expenses were $9.1m for the month, which was $0.8m below Budget. Year To Date (1 Aug 2021 to 30 Sep 2021) Reported Profit was $22.5m which was $1.4m below Budget and $5.1m below last year. Year To Date ((1 Aug 2021 to 30 Sep 2021) Operating Expenses were $18.2M, which was $1.4m below Budget and $0.1m below last year. --------------------- September Distributions Racing Codes were paid $12.6m in distributions and other payments for September, versus $12.6m budgeted. This consisted of TAB NZ Betting Profit (listed as Fixed Distribution in the table below), Offshore Bookmaker Commission Fees, which are based on actual turnover (termed Betting Information Use Charges (BIUC) in the table below), and Betting Duty/Levy repeal. Top 10 Racing events by turnover Date Venue Race No. Race description Turnover 18-Sep Hastings R9 Tarzino Trophy (G1) $653K 18-Sep Caulfield R8 Sir Rupert Clarke Stakes (G1) $508K 4-Sep Te Rapa R9 War Decree 1200 $439K 18-Sep Hastings R7 Hawke's Bay Breeders' Gold Trail Stakes (G3) $412K 25-Sep Rosehill R7 Keeneland Golden Pendant (G2) $390K 11-Sep Flemington R8 PFD Food Services Makybe Diva Stakes (G1) $376K 18-Sep Randwick R7 Fujitsu General George Main Stakes (G1) $355K 11-Sep Flemington R6 Furphy Let's Elope Stakes (G2) $352K 18-Sep Hastings R10 Brew's & 'Que's Tickets On Sale Now $351K 25-Sep Rosehill R8 XXXX Golden Rose Stakes (G1) $335K
  4. September Operational Performance Reported Profit for the month was $13.8m, which was $1.6m above Budget. Operating Expenses were $9.1m for the month, which was $0.8m below Budget. Year To Date (1 Aug 2021 to 30 Sep 2021) Reported Profit was $22.5m which was $1.4m below Budget and $5.1m below last year. Year To Date ((1 Aug 2021 to 30 Sep 2021) Operating Expenses were $18.2M, which was $1.4m below Budget and $0.1m below last year. --------------------- September Distributions Racing Codes were paid $12.6m in distributions and other payments for September, versus $12.6m budgeted. This consisted of TAB NZ Betting Profit (listed as Fixed Distribution in the table below), Offshore Bookmaker Commission Fees, which are based on actual turnover (termed Betting Information Use Charges (BIUC) in the table below), and Betting Duty/Levy repeal. Top 10 Racing events by turnover Date Venue Race No. Race description Turnover 18-Sep Hastings R9 Tarzino Trophy (G1) $653K 18-Sep Caulfield R8 Sir Rupert Clarke Stakes (G1) $508K 4-Sep Te Rapa R9 War Decree 1200 $439K 18-Sep Hastings R7 Hawke's Bay Breeders' Gold Trail Stakes (G3) $412K 25-Sep Rosehill R7 Keeneland Golden Pendant (G2) $390K 11-Sep Flemington R8 PFD Food Services Makybe Diva Stakes (G1) $376K 18-Sep Randwick R7 Fujitsu General George Main Stakes (G1) $355K 11-Sep Flemington R6 Furphy Let's Elope Stakes (G2) $352K 18-Sep Hastings R10 Brew's & 'Que's Tickets On Sale Now $351K 25-Sep Rosehill R8 XXXX Golden Rose Stakes (G1) $335K
  5. FFS God give me strength!!!! Page 19 - a bloody Breeders Championship!!!!!! A $1m race for mares to support breeders! I thought they already had a subsidised day for them - it's called the Karaka Millions Day!
  6. I hear you. I'm up to page 19 and I just can't seem to get rid of this feeling of deja vu! None of it so far focuses on developing quality product or generating revenue!
  7. WTF! I've been reading this Directions paper in between doing other stuff and just got to page 18. Aotearoa Champions Day with 10 x $200,000 races! FFS as that famous Ozzie kid Jonsey once said - "Your dreamin - mate!" Anyway I thought we already had a day like that that doesn't pay its way - it's called Karaka Millions Day!
  8. Pay is not enough plus going on what @Freda has written he would fail in terms of PC. You can't tear someone a new arsehole nowadays even if they are in the process of killing or injuring themselves!
  9. Like what? It used to be farming. The core business is wagering from racing. If you fail at that or even fail to recognise that then you are doomed to fail.
  10. I have noticed that there is a bit of the squeaky wheel in some of the decisions so some credit to @Reefton. The most disturbing aspect is that much of the decisions are driven by the need to feed the AWT's not what is BEST for RACING. My prediction is that will get worse primarily because of the switch from a low cost delivery model to a high cost one without any obvious revenue generation breakthroughs. I just can't seen how the dominance of our racing by dirt tracks will appeal to the Ozzie and NZ punter.
  11. Well do we have enough as it is for both Islands?
  12. Make that 11 suspended. 10 injured. 3 MIA.
  13. GOJ why this fixation on bagging some very successful Trainers and Breeders?
  14. Not surprising when it bled! The horse was previously with Roger James who had a high opinion of it until it broke down. There's plenty of material to bag Molloy on but his efforts as an Owner, Jockey and Trainer don't provide much.
  15. So your good memory enables you to remember a horses stable name but not its race name even after it ran in a Railway Handicap? Are you thinking of Celeris? If you are she never ran in a Railway but she did win the Levin Stakes and started in the Telegraph finishing last. She bled in that race. I remember it well because I talked to the distraught trainer down at the stables after the race. Also remember and average ride from Mark Du Plesis on our horse to run third that day. James McDonald rode that day. Another vivid memory at the end of the day was seeing Rosie Myers, Kelly Myers, Sam Spratt and Michelle Spratt in the Owners/Trainers bar after the last race all dressed up for town.
  16. It's got worse or harder depending on your perspective as the quality of our racing has declined. A stable like Te Akau can compensate because they have a big stable and can mix and match to push their horses to a different level. Murray Baker has it down to an art form with a smaller stable however I understand his attrition rate is up there with Gai Waterhouse. Now that doesn't work for many owners with many getting the stitch quickly when they fork out big dosh for yearlings and training fees only to see their horses never getting to the races!
  17. Well you do tend to go off without doing your homework. As for his placement of horses being questionable can you give us all an example of your esteemed and cogent analysis? As I said above he did get a lot of tried horses that had issues and did comparatively well with them.
  18. I'm always wary when I see a "consultant" engaged that has little or no understanding of the industry they are consulting on. Enter Sapere Research Group Ltd to review South Island racing. I thought we had already had several reviews? What is it costing in fees for this research?
  19. An interesting line in the document for the West Coast - perhaps @Reefton can elucidate what it actually means.... No changes are proposed to the remaining three venues for racing on the West Coast, being the Reefton, Omoto and Kumara Racecourses.
  20. There is some glaring issues in this document....... Great news that they identify that Riccarton Turf needs reconstructing! But not for at least 5 more years!!!!
  21. In my opinion it isn't that our horses aren't good enough it is how we train them and the lack of competition here. For some of our best horses starting first time in OZ must be a bit of a shock. They find they are in races where the speed is on, the fields are even and the racing tight. Hell two thirds of any field in NZ Grp racing "need a run" i.e. they are not match fit which is hardly surprising when you look at the class of trials we have here.
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