In this Discussion
- aussiebob14 October 2016
- DamienWyer October 2016
- GaryH October 2016
- thefalcon October 2016
- Tivers October 2016
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Questions that won't get asked at this afrternoon's Perth Racing AGM
West Australian Racing
DamienWyer
7,988 posts
1. Please explain a $6.77M trading loss
2. Why are 50,000 less people a year coming to your events in just the last five years
3. The number of starters has declined by almost 10% over the same period. The number of events by the same. Is this decline part of your long term strategy and if not, what planning do you have in place for growth in both field size and the number of races per program.
4. Operating expenditure outstrips operating revenue, how can the business be managed in this manner with any level of success.
5. Why was there no report from the CEO in this year's report.
2. Why are 50,000 less people a year coming to your events in just the last five years
3. The number of starters has declined by almost 10% over the same period. The number of events by the same. Is this decline part of your long term strategy and if not, what planning do you have in place for growth in both field size and the number of races per program.
4. Operating expenditure outstrips operating revenue, how can the business be managed in this manner with any level of success.
5. Why was there no report from the CEO in this year's report.
Comments
having the AGM at 2pm is obviously designed to only have retirees present who are there solely to fill in an afternoon and get some free refreshment, not to ask probing questions.
the previous evening time-slot lead to some robust discussion...which is voodoo to the present board.
RIO likes this post.
RIO likes this post.
howieblewitt likes this post.
No hard questions came from the floor and it was described by someone who attended as 'uneventful'. So really you can only say that they achieved what they set out to do by holding the AGM at an obscure time.
frenc11, thefalcon, psycho likes this post.