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might and power

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  • in reply to: Melbourne Cup 2010 #302413
    Avatar photomight and power
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    If the melb cup was run next week I would be all over Jessicabeel like white on rice….been very imp by her Rand wins

    But come nov who knows and the weld runners if they both make it will be hard to beat.

    Avatar photomight and power
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    Do you want rid of McEvoy by any chance? :D

    Who would it be? Ridiculously, I think most would now think Ahmed Atjebi would get the "number one" job, although he’s not far off already.

    Who should it be? Just about anyone else…

    lol he aint all that bad big shoes he had to fill at crown with Darren B going

    in reply to: Darley Australia records year loss of A$27 million #300985
    Avatar photomight and power
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    "SHEIKH MOHAMMED’S Australian breeding arm, which recently announced job cuts at one of its studs, recorded a A$27 million loss last year.

    Sheikh Mohammed: his Darley Australia operation recorded a loss of A$27 million last year

    The latest accounts lodged by Darley Australia showed a significant improvement on the previous year, when losses totaled A$246 million, but also highlighted the company’s reliance on the support of the Sheikh, without whose continued support it might not be able to operate as a going concern.

    The Sheikh expanded his Australian operation substantially in 2008 with the purchase of the Woodlands Estate for a reported A$500 million.

    Last year the business recorded a rise in revenue to A$99.6 million from A$94.3 million, but cost of sales and administrative expenses jumped sharply, according to the Sydney Morning Herald. Earlier this month Darley said it was shedding nearly 30 jobsat its Twin Hills stud in Cootamundra.

    The Herald said Darley Australia’s loss would have been much larger but for a one-off net gain from revaluing up the value of ”biological assets” by A$16 million compared with zero the prior year. Current liabilities total nearly A$1 billion, up from nearly A$900 million the prior year, and the company has a net asset deficiency of A$916 million, up from A$839 million the prior year.

    Sheikh Mohammed’s commitment to the operation was acknowledged by Darley’s directors who said ”the company’s ability to continue as a going concern is dependent upon the continued financial support of its ultimate shareholder”.

    ”The ultimate shareholder is expected to continue to provide financial support, which it has done so for a number of financial years and has continued to do so subsequent to year end, to ensure the company meets its cash flow obligations for at least 12 months after the date of signing this financial report.”

    The accounts also stated: ”Given the company’s present and anticipated trading performance and the extent of the net asset deficiency there is uncertainty as to whether the financial support of the ultimate shareholder will remain in place up until such time as the company is able to meet its obligations without the continued support off its ultimate shareholder.

    Should the above support be withdrawn there is significant uncertainty whether the company can continue as a going concern.”

    Darley will stand 25 stallions in Australia this season split between their bases at Kelvinside and Northwood Park. They include leading young US sire Medaglia d’Oro and Derby winners Authorized and New Approach."

    My word the Sheikh really is digging deep

    They will never have the success the ingham brothers had with crown lodge they just flood the racing scene with numbers and hope one comes a good. Fine if you have the cash why not?? i have heard from a few good sources at warick that snowden can not stand Mckevoy but if Denman does well for godol in euro then all that will happen is snowden will just be another feeder trainer to godol. Hawkes new what was going to happen and got out while the going was good.

    in reply to: Kings Stand 2010 #300645
    Avatar photomight and power
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    One would hope the English have realised the Australian breed is a league above in the sprinter’s realm, and wouldn’t dare try to ignore/take on a horse deemed just as fast as any of Scenic Blast, Miss Andretti or Takeover Target.

    Afraid not.

    If he had been perhaps half as consistent as Takeover Target or Miss Andretti, he would be evens or shorter. But this is Nicconi, and despite the complete dominance of Australian sprinters recognised globally, if he runs like he did where he finished behind Master O’Reilly of all horses, how can he possibly win? Many excuses have flowed when he’s lost – to the point where he’s now a horse solely able to win at 5f first up in some people’s view. Fortunately today is exactly that for Nicconi and the theory will be tested.

    I know what your saying but it really is worth mentioning that here in aus they often run older horses out of race distance to get a bit of spark into them and MOR had not raced for a while prior to that race and lack of proper prep races made them run MOR in that race. Also it is just that Nicconi is a better 1000mtr horse than at 1200mtrs…even the mighty Lochsong found it hard at 1200mtrs. Is Nicconi as good as Andretti or Take Over? Def not in my opinion but prob as good as we could send giving the sprinters we have at the mo…

    in reply to: Kings Stand 2010 #300056
    Avatar photomight and power
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    ive seen nicconi run heaps of times and crazy spped at 1000mtrs no good over the 1200..woulh have liked better if Oliver or Williams was in the seat though.

    Still with all that said it should still get up.

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