RaceCafe..#1...Tipsters Thread.... Share Your Fancies For Fun...Lets See Who The Best Tipsters Here Are.

Rockhead

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  1. Mr Wright is one of the best for deadpan humour. I like this one. One time a cop pulled me over for running a stop sign. He said, "Didn't you see the stop sign?" I said, "Yeah, but I don't believe everything I read".
  2. Nelson and Kaikoura are only used for the harness code.
  3. Mentioned on Trackside, looks like a dead 6 is possible. Hoping for a good day.
  4. I had a look at the latest annual accounts for Whangarei RC. To be honest (and without going into depth), I don't really believe things are bad at Whangarei. The net assets are shown as $1,740,321 as at 31 July 2011. The bank overdraft is $12,038. Most businesses need access to overdrafts to manage their day-to-day activities That's makes good business sense. The amount of overdraft seems trivial compared to the net value of the club. Also the loan/mortgage you talk about is not what I call great - $ 71,724. It's due for repayment this year. I can't see any reason for the club not been able to repay it, given their capital base. There is not other long-term debt shown. Just the usual liabilities, such as trade creditors, that a well-functioning business would have. The level of this debt appears comparable to previous years. And details of debt levels can't be hidden. This club appears in better financial shape than many other clubs.
  5. Strongest and wealthiest club?? I don't think so. Avondale has been losing money for years. Its net worth has deceased by almost half in the last five years. I would hate to think what the 2011 financial result will be without the raceday profit; this profit did give some respectability to otherwise abysmal financial results. As zzz says, the committee needs to be functional and that has not happen for years.
  6. I had another look at the Waipa accounts. Interesting that a big gratitude of thanks was mentioned in the chairman's reports for the work that Temms had performed and taking a load off his shoulders! You're right Trakdap. No organisation should ever hand so much responsibility and power into the hands of one person. The potential for abuse is much more likely. As for the committee, it's an poor look on their governance role. I suspect their financial and operational systems left much to be desired.
  7. I recall the state of Waipa a couple of years ago when there was a thread on the financial health of several clubs, especially Avondale. Waipa had received qualified audits (not a good thing as it sends a warning to all that things are not right) due to doubts about its going concern status. Auditors are not required to find fraud. That's not their job. But if they find something that warrants further investigation, they must follow it through. In my experience as an accountant, fraudsters are very good at covering their tracks; finding their fraud can be very difficult, which the article appears to confirm.
  8. Jo's funeral was held yesterday at Riccarton Racecourse. Now lay to rest. RIP
  9. has come up on this forum a few times in previous years. I don't think it has ever been resolved. What is definite is the weather forecast for the next few days. Drizzle in the surrounding hills spreading elsewhere at times. Read into that what you will.
  10. I have recently re-read the thread I set up as a result of a conversation I had recently. I now realise that the 2nd paragraph was inappropriate and embarassing to the RDA and NZRB. I apologise for the embarassment I have caused. NZRDA, for whom I do volunteer work for, provides a valuable service for for many people with disabilities. I see the improvement the riding and associated activities does for these people. I want this to carry on. "The stupidity of human beings knows no bounds"
  11. I agree with the general comments on the improvements that have occurred since zzz took over. Especially real-time postings. I have always thought it was unfair that Bruce and co have had to act as censor for all postings before viewings by the masses (and the odd nasty was still able to get through. I don't say that out of disrespect for the moderators whose previous roles seemed hard enough). Given I am not a great fan of censorship, I have not been greatly in favour of banning of contributors, despite my battles with Les and Denny. Les's negativity and Denny's repetitiveness was irksome (to put things nicely); I just hope that if and when they return, they have a more positive approach. They have come up with strong and sound comments in the past. I don't really want to know whereabouts the ray of sunshine from Denny was coming from
  12. Was she logged in when she tried to post? Check the up on the right. If there is a box asking for a username, she needs to log in.
  13. I hope Trackside does better with the big 'chase on Saturday. But I'm not holding my breath.