John Clydesdale

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Posts posted by John Clydesdale


  1. 9 hours ago, Berri said:

    Well not 100% sure of that. When Benbatl won the Dubai World Cup, he rolled Vivos (by 3 1/4) and Deidre (by 3 1/2). That day Benbatl rated 114. Vivios ran 3 1/2 length 2nd to Beauty Generation in HK and 3 1/2 behind Win Bright in another race. As Benbatl's form now includes a Deidre frank, Deidre ran 3rd and 4th to Magical. Magical beat Magic Wand by 2 lengths. who finished 1/2 behind TAS. As my previous post indicated, Lys Gracieux was beaten by Exultant who's form can be franked against Benbatl, Beauty Generation, Vivios and Deidre. You couldn't rate Lys Gracieux higher than 122 and she made the rest look pedestrian.

    .Not taking anything away from Calcavecchio, he's top class and is improving. Was a big ask the way he was ridden but not good enough against the winner. . He should be standing in NZ when his racing is finished.

    Berri, I think you can acknowledge that she continues to improve, so the race of a while back is not the benchmark for judgement calls. She has now fully matured, as was evident in her condition and as a rule Hearts Cry stock improve with age. Outstanding effort to win, but have a look at Almond Eye running 1.56.2, pure class.......  cheers John


  2. 1 hour ago, Trump said:

    To be fair, the CEO has to deliver on the Strategy outlined by his Board of Directors. So really, there’s got to be a huge finger pointed at the Board and Chairman he answered to. Surely he can’t be chastised too much if he’s done what the Board have commanded him to do?

    Trump, you are not too far away from reality, or what it really should be. But if you have seen him in action, you can see how he could convince the “Board” he was going in the right direction. The chair was the culprit, she of little upstairs, but plenty everywhere else. JA convinced her, and she wouldn’t know what he was talking about because she didn’t understand the industry anyway, as exampled by the resignation statement.

    JA will show up again, possibly as the new President of the Labour Party as he and Jacinda would get on well together, both smiling and shallow and trying to provide answers to everything.

    Sorry folks, there is still a funding shortfall of significance, so there has to be less racing or races, to consume the less money available for stakes. Betting levels will be a real challenge but if the second part of the plan is franked in Parliament before Christmas then there is light ahead, but a wee way off as yet.


  3. Question for Dean

     

    There are various platforms available in the communication world today. But the TAB have closed the door on the phone punters and the small bettors that had an interest, and also closed the various TAB sites and agencies around the country, therefore leading to the closure of the 4 to 5 hours of churn betting that such platforms generated.

    Can we expect to see a return of phone betting and less closures of TAB outlets to facilitate the 20% of betting that was lost as a result of such closures? The average age of a racing bettor is increasing and that age is not a reflection of the latest communication platforms available in NZ.

    There could be an increase of up to 10% betting available if they understand markets and customers!!

    John

    1. John Clydesdale 

     

    The decision to move away from phone betting was taken in 2016. Like other industries, TAB customers were increasingly shifting online. At the time,  more than 70% of customers over 65 were using online channels and very few new customers were using the Phonebet service. The TAB has continued to provide touchtone betting and a phone service for medically restricted customers. As we look to increase distributions to industry we have to be very conscious of our spend as well as what our customers want. Returning to phonebet is not an investment we are looking to make.

     

    The retail network remains a very important part of the TAB offering . However, given the ongoing migration of customers to other channels, we are constantly reviewing our network to ensure it’s fit for purpose and commercially viable. We have more than 500 TAB outlets around the country and we continue to invest in our branches to improve the customer experience.But it’s also a very costly part of our business so we need to continue to be mindful of driving efficiencies where we can, including through our online offering.


  4. I have two mares from this family, whilst not black type horses, they have left plenty of winners. Blancpain, the best of them and all hers to race have won. 

    It was witnessing Il Tempo winning the Cups that prompted me to get in the family, backed up of course by Show Gate and her wonderful deeds. I just need to breed one with a bit of the class of those two horses and I would be happy.

     

    cheers

    John


  5. Does anyone know how/when the computer upgrades it’s betting?

    I went to have a bet on my IPad on a horse racing tomorrow, somehow the TAB doesn’t like IPads at the moment. So I use my phone. 3 hours ago, the race had $81 in the win pool. I backed the horse I wanted. 3 hours later, the win pool is $86 and yet the money for my bet has left my account, but clearly not into the win pool as my bet was modest but significantly it would have put the win pool into three figures.

    How does this multi million dollar contraption work?

    Just saying Glenda

    John Clydesdale


  6. 15 hours ago, tripple alliance said:

    You ask the question , where's the money coming from , well that simple , it's from racefields and the POC tax , IF and that's a big IF this strategy is successful then we will be between $50 and $70 million a year better off , only time will tell if this is a fairy tale or not .

    Assuming it proves itself then that's  the time to look at doing some fine tuning .

    The only reason the now non existent  RB could be described as exposed is because they invested $40 million in a new business strategy and bankrolled stakes to a minimum of $10 , all based on racefields and the POC tax , they weren't to know Winston would delay the introduction of this strategy costing the industry many many millions in lost profits. 

    I do remember Winston and many in the industry running around quoting each other on racefields , ITs NOT FIT FOR PURPOSE , well that must have been wrong as it's gone through parliament exactly as it was initially set out .

    Tripple, where do you get $ 50 - $70 from? Not a show in the next few years.

     Go back ten years and look at the Balance Sheet of the Racing Board, that will explain to you how idiot after idiot believed they could expand the make things improve and work well. All they did, bankers and the unprofessionals like John Allen was to use reserves completely, sell the assets (eg. purpose built building) and then borrow money to exist on their total misunderstanding of the industry. Between the Stiassny (sp?) and the Hughes techno disasters, these Wally’s have spent in excess of $60 million designing a platform that we did not need to make, it existed already. Not only that, they have warranted their own self importance by increasing the overhead of their own operations to a level that now almost equals the total local turnover of our code. The plonkers have a belief they were doing a good job...........................Beggars belief that they thought they were doing a good job.

    Racefields and POC are going to provide input, but we have to get the costs and overheads out of the management pronto, but that is going to cost money as JA and his sycophants will have very profitable exist clauses no doubt. I would say 20% cost deletion out of management, but the upfront cost will have to met and amortised over time.

    But where does the money come from........? I’m picking we won’t last next season without a significant input from somewhere......that will have to be borrowing, or maybe the Jones fund, but it will certainly have to be a reduction in races staged as we will not have the funds to run them. Accounting 101.

     

    Just saying


  7. 43 minutes ago, Trump said:

    I would have thought that “Cost Reduction” would have to be the No 1 priority. Any business, be it banks, airlines, telcos etc, when faced with diminished revenues, cuts their costs accordingly. I went to a “really good” award winning restaurant in the Gold Coast Hinterland thinking it would be a nice lunch spot to take the missus. We were the only persons there. on arrival, the Chef took us to a great table looking into the rainforest. The same Chef took our drinks orders, opened and poured our wine, took our food orders, cooked the food and delivered it to the table. Collected our plates, made and delivered us coffee and finally, placed the Bill on our table. I asked him where his waiters, barista’s and bar staff were? He replied, “I have to cut my cloth to suit the day and a rainy tues in the Hinterland is always going to keep the tourists away, so I can cater for about 8 max today - but I think you’re going to be it!”. The meal and service was superb and a kookaburra even perched on the chair next to us and dined on the missus’ bread roll! So, my point is to use our dining experience as a analogy, you have to cut your cloth accordingly. I think costs could be trimmed quite easily. Even a 5% cut will return additional funds to other needy areas

    Trump you are so right. I am not sure what Tripple is on, but he is miles away from reality.

    The question I need an answer to is, where is the money going tome from to;

    - to sustain the industry

    - pay the exit clauses on the contracts that prevail under the Allen regime

    -  create the marketing change that delivers more to racing than the focus on sports that delivers very little to us

    - so where does the dosh come from, Allen and the Chair have exposed the industry to the extent that we have become a risk to lenders on any platform.

    Just saying............


  8. Yes, I miss it, a lot.

    I see the regurgitated info from across NZ and Australia and the world, but I could at least look forward to a betting and breeding perspective that was voiced and owned by the Informant. The TDN has improved of late and is doing a reasonable job in some areas but in terms of local interest there is nothing. 

    Betting, I don’t bother locally,  other than my own or friends horses I won’t bother. Had a crack at Royal Ascot and made some and lost some, but not on the local betting platform as there was little information. In the Information Age, all we get from Allen and co has been how well they are doing. Perhaps they should follow Mr Treasury and leave before their shortcomings become obviously restricting in their job opportunities.

    Bring back independent, well constructed and objective information about our industry........in print. It will be welcomed by many.

    John 


  9. This is an interesting challenge and I wish Tony and the Archers the best of luck. But you need a truck load of it to get the loot. We raced a horse in the race many years back that could run 1600m in 1.32.29 (won the Easter in that time) who trailed for most of the run in the Straddie, then has a hiccup,  and Thorn Park strode home in a really good time off that very quick pace. If Cahill can get the same sit as the two runs so far, then he is a winning chance. But believe me, luck is significant in this race, the pony from New Plymouth being testimony to that effect.

     

    All the best for the Boston connections

     

    John 


  10. RR - A lot of companies now lease, or lease to own, as a means of getting the vehicle and paying a little more to do so, and then hand the vehicle back should they upgrade or go broke. It is still subject to tax implications which I won’t bore you with, but fair to say they are paying for the privilege in some way shape or form. 

    A lot of people want to look the bis and are willing to pay the cash for it.

    I prefer your logic personally.

    cheers

     

    John


  11. 21 hours ago, Red Rum said:

    I think you will find most rich are clever and use tax loopholes , maybe that new car is brought through a company which then gets depreciation , get refunds and all manner of cash backs.  Waged earner gets FA back and pays for everything .As everywhere those at top doing well , those at bottom looked after and those in middle pay for the lot of them up and down.

    RR, you need to have a look at NZ Tax laws when talking about new cars.

    Something call Fringe benefit Tax applies to cars, tax rate (last time I looked) 45%. Depreciation claim is slower than the drop in value of the car, no refunds at all and you keep paying the FBT on the purchase price value, not the current value. 

    You should look at the Tax laws in NZ instead of making ridiculous proclamations about cars and refunds and cash backs.

    Cheers

     

    John

     


  12. Hi Leo

    I am not going to inflate the fire by annoying you with detail,  but......whilst I share some similar concerns with NZTR, the industry is a bulk funded platform as per the 2003 Act. So each code gets their apportioned share of the available spare from the NZRB to operate their business.

    Your ex mate from the Eastern suburbs spent $22 mil on Typhoon that was chucked in the tip. At 14.5% of turnover, work out the numbers as to the turnover that fired against the porcelain. J Allen has no idea of the value of a dollar.

    J Allen is an flee economically. Sold the granite, the purpose built Perone building, and drained the $20 mil of reserves he had when he took up the role. The guy has absolutely no idea what he is doing running a business. He never has run a successful business. Whilst  verbose and interesting to listen to, he is humorous as he no knowledge of what he is talking about.

    He has spent the borrowed $25 mil and RITA get the hospital pass to extend the credit line. He is responsible, no question.

    You have been there with regards spend versus debt and you have learned, this codger has not learned a skerret from his underwhelming performances at NZ Post or MFAT and we, the industry, are paying the price.

    Unless the credit line is extended from August 1st, with turnover dropping as a result of an inferior website performance, the thoroughbred distribution to NZTR to operate the code drops dramatically and so racing has a reduction both in stakes and horse volume. They are all interconnected as a result of a CEO not knowing what the hell he is doing, on any front!!

    Turnover drives any industry, yours, mine and racing, when it drops so does the scope of that business performance within any industry. Pure economics 101 my friend.

    Cheers

    John

     

     


  13. Leo

     

    What a croc! Adamson got the heave from Fletchers for obvious losses, Allen has proportionately generated bigger losses from a no competition monopoly. The guy got the flick by McCully after his fiasco at MFAT, and palmed him off to his ding dong cabinet mate from Foxton to look after Racing.

    Spare me, if you think he shouldn’t be given the heave for bad management, then you clearly know little about what happens in Wellington.

    NZRB paid $265K for the Best Bets masthead, check the Balance Sheet. News Media, owners of BB could not believe their luck. A form guide that was going down the drain and the NZRB paid the dough. The man at the centre of that is now a consultant to NZRB, there is your answer.

    J Allen has a history of failures in business, this will be yet another because he excessively spends money and creates turnover losses unprecedented by any monopoly business NZ has known.....and it is not his responsibility?

    Does this not sink in to your thinking?

    cheers

    John 


  14. ARC leased the land they did not need, after displacing the NZTBA and the leaseholders had to pay the ARC MORE THAN $40Mfor that privilege.

    P4P, what happened to the balance?

    If the event centre had not continued to turn a profit the ARC would be broke, outside of the lease return.

    4 hours ago, poundforpound said:

    Insider / Liz / Shad

    Don’t start me on comparisons between Riverton and Ellerslie or I’ll raise the rather delicate subject of one club dabbling in pokie fraud whilst the other has accumulated 40 million in cash reserves ( and that figure is likely to go significantly higher very soon ).

    I don’t doubt for one second that Riverton is unique, and a decent track, but to somehow suggest it’s a shining example on the NZ racing landscape, and Ellerslie’s not, is downright bizarre 

    Give yourselves an uppercut, all three of you.

     

    Cheers

     

    John


  15. 6 hours ago, Nasrullah said:

    While race ability has been shown to have a major component on a stallions success at stud, there are other factors also such as pedigree.

    A reminder Savabeel won the Cox Plate.

    Great thing about breeding- there are no rules!

     

    Totally correct. Huey is using post racing history to judge a race. Winx?????

     

    cheers

     

    John


  16. The Lion confirmed Berri.

    Outstanding opportunity from a branch of the Sadlers Wells line that works everywhere.

    Well done Cambridge Stud.

    On 4/1/2019 at 10:29 AM, Berri said:

    Mate of mine in the UK tells me that there's been some activity in that department. Certain representatives have been seen around the traps. I know there was an offer of $50m for the horse from Japan last year.

    Cheers

    John


  17. 40 minutes ago, We're Doomed said:

    "The industry is generally seen as not being progressive and many brands are dramatically reducing their association with it. Plus racing is failing to promote itself heavily to the wider public."

    This quote really does sum up the whole problem facing the industry. This latest event is purely a symptom. The Racing industry attracts virtually no mainstream sponsorship or advertising, and hasn't done for many years. If you look through all of our group races hardly any are sponsored by mainstream international organisations; most are just donations from kindly benefactors.

    •  

    So who are Barfoot and Thompson WD. They have  a real connect with racing, Yeah right.  Look at Awapuni last weekend Outside of the Oaks Stud, none of the others have an obvious connect with racing. In fact Ricoh has to be one of the tightest international companies on the planet and they sponsored a race. If you want to wallow in your own pity, do so elsewhere.

    cheers

    John

    PS. The Informant is a real loss, but at the orchestration of another tosser under a previous regime called Martin something. he is now a consultant to.......yep the RB, but he was the guy who paid overs to get the Best Bets masthead from News Media and shut down any support for the Informant from that day forward. The dollars he paid are in the balance sheet of that year and were a ludicrous amount for a failed publication.

    Perhaps Winston could ask Shane “the man” Jones for some Provincial Growth Fund support to underwrite the Informant until the new Racing Act is passed through Parliament!


  18. 4 hours ago, Nasrullah said:

    Firstly the Japan Cup is one of the world most highly ranked races based on facts.

    THE WORLD'S TOP 100 GROUP/GRADE ONE RACES for 3yo's and upwards - 2018
    Rank Race Distance
    (Metres)
    Cat. Surface Race Track Country Qualification Pattern Race Rating
    1 Qatar Prix de l'Arc de Triomphe 2400 L T PARISLONGCHAMP FR 3+ 125.00
    2 LONGINES Queen Elizabeth Stakes 2000 I T RANDWICK AUS 3+ 123.75
    3 Prince of Wales's Stakes 2000 I T ASCOT GB 4+ 123.25
    4= Juddmonte International Stakes 2080 I T YORK GB 3+ 123.00
    4= LONGINES Dubai Sheema Classic 2410 L T MEYDAN UAE 4+ 123.00
    6 Breeders' Cup Classic 2000 I D CHURCHILL DOWNS USA 3+ 122.75
    7= Japan Cup in association with LONGINES 2400 L T TOKYO JPN 3+ 122.50
    7= Ladbrokes Cox Plate 2040 I T MOONEE VALLEY AUS 3+ 122.50
    9= The Agency George Ryder Stakes 1500 M T ROSEHILL AUS 3+ 122.25
    9= Colgate Optic White Stakes 1600 M T RANDWICK AUS 3+ 122.25
    9= Prix Ganay - Prix de l'Inauguration de ParisLongchamp 2100 I T PARISLONGCHAMP FR 4+ 122.25
    12= Investec Derby 2400 L T EPSOM DOWNS GB 3yo 121.75
    12= King George VI & Queen Elizabeth Stakes 2400 L T ASCOT GB 3+ 121.75
    12= Coral-Eclipse  2000 I T SANDOWN PARK GB 3+ 121.25
    12= QIPCO Champion Stakes 2000 I T ASCOT GB 3+ 121.25
    16 Darley T. J. Smith Stakes  1200 S T RANDWICK AUS 3+ 121.00
    17= Arima Kinen (The Grand Prix) 2500 L T NAKAYAMA JPN 3+ 120.75
    17= Kentucky Derby Presented by Woodford Reserve 2000 I D CHURCHILL DOWNS USA 3yo 120.75
    17= Tenno Sho (Autumn) 2000 I T TOKYO JPN 3+ 120.75
    17= Winx Stakes  (Ex Warwick) 1400 M T RANDWICK AUS 3yo+ 120.75
    21= Grand Prix de Saint-Cloud 2400 L T SAINT-CLOUD FR 4+ 120.25
    21= LONGINES Breeders' Cup Turf 2400 L T CHURCHILL DOWNS USA 3+ 120.25
    21= QIPCO Irish Champion Stakes 2000 I T LEOPARDSTOWN IRE 3+ 120.25
    21= Tab Turnbull Stakes 2000 I T FLEMINGTON AUS 4+ 120.25
    25 Prix du Haras de Fresnay-le-Buffard - Jacques Le Marois 1600 M T DEAUVILLE FR 3+ 120.00
    26= Kirin Doomben 10,000 1200 S T DOOMBEN AUS 3+ 119.75
    26= Prix du Moulin de Longchamp 1600 M T PARISLONGCHAMP FR 3+ 119.75
    28 Schweppes All Aged Stakes 1400 M T RANDWICK AUS 3+ 119.50
    29= Champions Mile 1600 M T SHA TIN HK 3+ 119.25
    29= Citi Hong Kong Gold Cup 2000 I T SHA TIN HK 3+ 119.25
    29= LONGINES Hong Kong Mile 1600 M T SHA TIN HK 3+ 119.25
    29= Queen Elizabeth II Stakes  1600 M T ASCOT GB 3+ 119.25
    29= TwinSpires Breeders' Cup Sprint 1200 S D CHURCHILL DOWNS USA 3+ 119.25
    34= Chairman's Sprint Prize 1200 S T SHA TIN HK 3+ 119.00
    34= LONGINES Hong Kong Cup 2000 I T SHA TIN HK 3+ 119.00
    34= Mostyn Copper Group Randwick Guineas 1600 M T RANDWICK AUS 3yo 119.00
    34= Pegasus World Cup Invitational Stakes 1800 M D GULFSTREAM PARK USA 4+ 119.00
    34= Preakness Stakes 1900 I D PIMLICO USA 3yo 119.00
    34= VRC Sprint Classic 1200 S T FLEMINGTON AUS 3+ 119.00
    40= Coolmore Fastnet Rock Matron Stakes 1600 M T LEOPARDSTOWN IRE 3+ F&M 118.75
    40= Investec Coronation Cup 2400 L T EPSOM DOWNS GB 4+ 118.75
    42= Coolmore Nunthorpe Stakes 1000 S T YORK GB 2+ 118.50
    42= Ladbrokes Caulfield Stakes 2000 I T CAULFIELD AUS 3+ 118.50
    42= LONGINES Hong Kong Sprint 1200 S T SHA TIN HK 3+ 118.50
    42= Queen's Silver Jubilee Cup 1400 M T SHA TIN HK 3+ 118.50
    42= Sun Met Celebrated with G. H. Mumm 2000 I T KENILWORTH SAF 3+ 118.50
    47= Belmont Stakes Presented by NYRA Bets 2400 L D BELMONT PARK USA 3yo 118.25
    47= Dubai Turf Sponsored by DP World 1800 M T MEYDAN UAE 4+ 118.25
    47= Gold Cup at Santa Anita H'cap (ex Hollywood Gold Cup) 2000 I D SANTA ANITA USA 3+ 118.25
    47= Osaka Hai 2000 I T HANSHIN JPN 4+ 118.25
    47= Tab Epsom Handicap 1600 M T RANDWICK AUS 3+ 118.25

     

    Thanks Naz, puts a few races into perspective when thinking about stallion selections.

    cheers

     

    John


  19. P4P - I don’t think Mr Notts quite has a grip on things taxable, but I would suggest that Mr Cullen thinks that if you gain you pay, but if you don’t gain, you also don’t get to claim. That’s all fair as far as he is concerned.......It will have as much chance to get off the ground as a walrus.