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Software supplier LetMC.com in management buyout

first_imgOne of the industry’s few remaining independent software companies LetMC.com has undergone a management buyout, it has been revealed.The company’s management team led by Managing Director Glyn Trott (pictured) supported by Barclays, has raised £500,000 to buy the firm from its Welsh letting agent owners, Pinnacle.“As the founder of LetMC.com the management buyout seemed the natural evolution to ensure I could allocate further capital to the growth of the business,” he says.“Initially I felt the only option would be to give away equity to raise capital which would dilute my shareholding and ultimate control, so when Barclays offered to provide debt finance I was delighted as this allowed me to take the business in my chosen direction while maintaining full control.“With the rise in ‘prop tech’ and online estate agents, software development is playing a bigger and bigger role in the property sector.”LetMC is based in Cardiff and was set up in 2004 by Pinnacle as an in-house development project and initially run from a garage but now has offices including a bar for its 22 staff.“This was a complex transaction but demonstrates the bank’s commitment to supporting ambitious growth propositions,” says Barclays business manager Jason Coleman.LetMC, which stands for Letting Management Centre Ltd and is based in one of Cardiff’s tallest office blocks, says the buyout will enable it to expand the business, although Glyn admits one of the company’s biggest challenges is finding good software developers in the area.Its management team also have ambitions beyond software. During the 2014 Commonwealth Games in Glasgow its IT director Leuan Williams won a bronze medal in cycling.Glyn trott letmc.com letting agency software pinnacle property lettings software pinnacle lettings LetMC property software April 11, 2018Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Software supplier LetMC.com in management buyout previous nextProducts & ServicesSoftware supplier LetMC.com in management buyoutMD Glyn Trott has led an MBO of the firm with help from Barclays in order to expand the firm 14 years after it was founded.Nigel Lewis11th April 201801,799 Viewslast_img read more

Helping our members save for retirement

first_imgDid you know that almost half of all Americans have no retirement savings at all? This is an alarmingly high amount of people who have not been able to plan for their future. A few weeks ago was National Retirement Security Week, designated to helping people put themselves in control of their future finances. Retirement savings should be discussed more than just one week of the year, it is an important issue all year long.One-third of the American population has an income of $28,000 or less, which makes it extremely difficult to save for retirement. With all the monthly expenses that people have such as rent/mortgage, groceries, and utilities, the one thing they can put off is retirement savings.One effective way to help credit union staff, members and those in your communities understand what life might be like after retirement is through the Foundation’s “Retire on Track” Retirement Fair program. This is a goal-oriented and interactive experience, similar to Reality Fairs for teens, that allows participants to imagine their life in the future to better focus on a present plan to get there. continue reading » 6SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

How to successfully implement data-driven marketing at your credit union

first_imgAs the price of data analytics software continues to decline and the ease of use increases, it’s a good time for credit unions to begin developing strategies that monetize their member data.  While the adoption by smaller institutions still lags behind their larger competitors; it is clearly beginning to pick up. For those credit unions looking to pilot a data project, marketing is the logical place to start.  Marketing provides a data-rich environment, it’s exciting and the results can be significant.  In fact, the incremental revenues from your data-marketing pilot can fund the expansion of your project beyond just the marketing function.Research recently conducted by the Filene Research Institute (see below) shows there is a lot of frustration on the part of credit union CEOs trying to build a data-marketing functionality.  The research first asked CEOs to list their marketing priorities.  The 5 marketing goals listed below are in priority order.  Next, the CEOs were asked how well their organization was doing in achieving these goals; that percentage is in the SATISFACTION column.The GAP column is the difference between priority and satisfaction and it shows a large percentage of unhappy CEOs.  For example; marketing goal #1, identifying members who are good cross-sell prospects is a top priority of 97% of CEOs and only 31% of them feel the organization is achieving the goal. From the research it looks like two out of three (66%) CEOs are unhappy with their organization’s data marketing efforts.Why are almost two thirds of credit unions not able to meet the challenge of using member data to drive marketing?  Using member data is a new skill set for many financial institutions.  It involves not only the mechanics of collecting data, data discovery and then creating marketing campaigns; but also the unintended organizational changes that occur. You can’t solve a new challenge using old paradigms. Credit union leadership has been successful for decades using a tried and true formula; the formula is changing.  There are typically two ways to adapt to this new business model; build or buy.  We believe the answer is unique to each organization…but that for most; it is somewhere in the middle.The days of getting to know your members across the desk are fading.  Whether they know it or not, community focused institutions are in the process of “redefining” their community. Members in increasing numbers are using remote servicing; adopting online account opening, remote deposit, and online/mobile apps.  All this makes it harder to really get to know your members.Why Data-Driven Marketing? Data-driven marketing provides a platform for credit unions to replace face to face data gathering with automated data gathering and analytics that match member account behaviors with demographics and other lifestyle characteristics.  The basics of nuanced sales and product suitability that credit unions excel at, in a face to face environment, are exactly the same for data-driven marketing.  When looking for a vendor to support their project, CEOs need to find a partner that looks to recreate the successful brand dynamics of their face to face selling, in a remote digital environment.Another motivation for CEOs to implement data-driven marketing; there is a good chance your competition is using their data to steal your members. This puts your members at risk (being targeted by competitor’s cross-sell campaigns) of losing them altogether. By running a targeted cross-sell program you can offer your members an appropriate next product, this increases their number of accounts, which increases their revenue and ultimately increases their lifetime value (because with more accounts/member they will be with you for a longer time).Data-marketing also provides the opportunity to expand your marketplace outside the traditional branch footprint. With the proliferation of remote servicing capabilities, many CEOs are considering expanding their market area outside their branch footprint with a remote product/service bundle.  Data-driven marketing can be the engine to grow this new remote business.Generally, the process will target new “high likelihood” prospects outside your current branch footprint. These prospects match the characteristics of some of your “best” members and with predictive analytics identify the most suitable product to offer them.  This new business strategy can usually be tested by configuring your existing capabilities into a “new” branded service offering. Many consumers are getting comfortable with using remote banking institutions like Ally Bank or Capital One.The last reason to get started using member data is really one of the strongest.  Member data is an asset of your organization and it has significant value if implemented correctly.  Not using it, is like not bending down to pick up the $100 bill lying on the sidewalk.What is Data-Driven Marketing?Simply stated, it is the strategy of using member data to develop insights into your member’s behaviors.  These insights improve your member’s experience through improved service delivery, product pricing/structure and more targeted CRM and new member acquisition marketing campaigns.Some of the benefits of data-driven marketing include:Being able to target the right members, with the right product. By targeting the right members you can achieve the same (or better) results with much less media expense. Cost per account goes down and revenue per member goes up.Creating more targeted creative/positioning. Because you are targeting specific member segments you can create more relevant messaging. These segmented groups are smaller and more homogeneous. This creates improved campaign results by producing more powerful copy and call to action.Structured correctly data-driven marketing not only generates an increase in the amount of new accounts and revenue/member, it creates opportunities to learn more about your member’s marketing, product and service delivery preferences. This learning is put into the member database after each campaign and it is used to design and implement the next campaign. This is called the “process of continuous improvement” When structured correctly, each new campaign makes you smarter.A Strategy Template to Implement Data-Driven Marketing  In the New Marketing Analytics the authors articulate a process “Roadmap” for the development of a data analytics strategy (see diagram).  The Roadmap can be used as the starting point for designing an implementation plan for your data-marketing pilot. Understanding this process is critical for credit union leadership as they begin making decisions on the budget and personnel resources required, as well as, the potential payoffs of the program.The process template is a closed loop that functions by taking member data from the database to design and implement marketing campaigns.  At the end of each campaign all the activity generated (data) is put into the database.  This helps improve our understanding of member behaviors; and makes us smarter with each campaign.Each step of the Roadmap is a functional part of your data-marketing platform.  How you address each is dependent on your build/buy business philosophy, strategic plan, budget and available personnel resources. This can also be a useful checklist when talking to and evaluating potential vendors to support your project.Within the Roadmap there are eight “core” elements of your strategy that are critical for success. We break them down into two categories: “organizational” and “mechanical” success factors.  Organizational factors are those that deal with challenges from your organization/culture and mechanical are those factors involving process and technology.Organizational Success Factors:Designating a project lead.  Projects are successful when they have an advocate within the leadership team.  A team leader who understands the technology, process, marketing and company politics of your new program is a definitely a critical success factor.A culture that supports data-driven decision making.  There are many organizations where the conventional wisdom comes from the antidotal experiences of individuals on the leadership team.  Introducing data that identifies “best” member segments, member preferences for marketing and service delivery will begin to challenge a lot of this previous “wisdom.”  This can cause tension within the team. A culture that embraces these new insights will help smooth out this potential conflict.Dedicate adequate resources.   Many smaller credit unions do not have a full time marketing department.  They traditionally have responsibilities that are more tactical like collateral materials, managing events and branch signage.  A project of this scope requires additional dedicated resources.  Staffing this project with associates who already have a “day job” will not work.Establishing realistic goals.  Many credit unions that have successfully implemented data-driven marketing have done so over a period of time.  Typically the project starts with an outsourced pilot program.  The pilot is low cost/low risk and validates the concept for management; providing the confidence to proceed. Growing your data analytics functionality over time so that your organization can catch-up and internalize the changes at each milestone helps create a long-term, custom built solution for your institution.Mechanical/Process Success Factors:Data governance and administration.  It is important to have a process and individual accountability for the security of your member data.  A component part of this success factor is the implementation of processes to ensure the prudent use of your database.  This means standards have to be set (and enforced) on the number of times members can be contacted, the types/sequence of offers and offering the opportunity for members to “opt-out.”Data Management.  This success factor includes the collection, warehousing and analysis of your member data.  For this to be successful, the IT and Marketing departments need to work well together.  IT has the expertise to implement the technology; Marketing has responsibility for the output and to define the end user requirements. Data Discovery.  This involves the analytics process to derive insights from your member data.  These insights will drive new marketing, sales and service programs.  The process needs to be consistent with your business plan and marketing objectives; although sometimes it is fruitful just go fishing and see what happens. The primary deliverable of this process is the identification and evaluation of potential marketing opportunities.Campaign Development/implementation.  This process translates member insights into effective marketing.  The marketing opportunities identified in your data discovery are now becoming marketing campaigns.  A common mistake in this process is to propose creative that is appealing to you…or the boss.  As we begin to use data, the big shift happens, moving your marketing orientation from selling products to selling members (needs based selling).It is important to remember that introducing a data-driven marketing program is not intended to change your brand or the way your members perceive your organization.  In fact, it is just the opposite.  In a marketplace where many of your members will only be in a branch one or two time a year it helps to reinforce the positive aspects of your brand and help them make informed banking decisions. 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Frank Koechlein Frank Koechlein is the President at Empower Your Analytics and coauthor of the marketing resource book “The New Marketing Analytics”. Frank has over 40 years of marketing experience in the … Web: empoweryouranalytics.com Detailslast_img read more

Finance: breaking down the terms needed for property investment

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

Ramadan on collision course with virus for Asia’s Muslims

first_img‘Trapped’ Some signs suggest the order may not be respected — authorities in the northern state of Perlis have said they will allow food traders to operate from home and on the roadside, potentially increasing the chance of crowds gathering.Hadi Azmi, a 31-year-old video editor, said he understood the need for restrictions but he also felt “trapped”.”I feel weird as the fasting month approaches because we have to remain indoors and we cannot meet our parents and siblings to break fast and pray together,” he told AFP.And in Indonesia, a possible explosion in coronavirus cases when millions travel to hometowns and ancestral villages after Ramadan has forced the country’s president to issue a ban on the annual exodus.Like Christmas or the Chinese Lunar New Year, the movement kicks off an extended holiday when many Indonesians celebrate Eid al-Fitr with their families to mark the end of Ramadan.The government has called on residents of major cities, including the capital Jakarta, to stay put, and on Tuesday President Joko Widodo said he would ban any mass migration.Researchers at the University of Indonesia have warned the travel rush could lead to one million infections in the densely populated Java island alone and an eye-watering 200,000 deaths.”If you care about your loved ones, stay where you are until all this ends,” Ridwan Kamil, governor of 50-million strong West Java province, said recently.Jakarta resident Romy Gustiansyah said he wouldn’t visit family on Sumatra island this year over coronavirus fears.”I’m sad that I won’t see my family for Eid, but I’m trying to stay optimistic,” Gustiansyah told AFP. “This is just a delay. That’s what I’m telling myself.” Across Asia, home to about half of the world’s Muslims, the coming Islamic holy month of Ramadan is on a collision course with the coronavirus pandemic as clerics call on the faithful to cram into mosques.Authorities have tried to limit the fallout during the sacred period of fasting, which starts Thursday, but in many cases religious leaders have brushed aside concerns about activities that could spread COVID-19.In Bangladesh, clerics lashed out at attempts to reduce the number of people going to mosques, and demanded the country’s secular government allow millions of Muslims to join daily and weekly prayers. In the run-up to Ramadan, mosques have been filling up across Pakistan with hundreds attending Friday prayers, sitting shoulder to shoulder and paying little heed to social distancing.”I will take all the preventive measures, washing my hands and using my mask but it doesn’t mean I will stop attending prayers, especially during Ramadan,” taxi driver Zubair Khan told AFP in the northwestern city of Peshawar.The virus threat at large religious congregations has been highlighted in recent weeks by three waves of infections in Asia, linked to separate, massive Islamic congregations in Malaysia, Pakistan and India. “The quota on the number of worshippers imposed by the government is not acceptable to us. Islam does not support imposition of any quota on worshippers,” said Mojibur Rahman Hamidi, a senior member of the hardline Hefazat-e-Islam group.Islamic leaders in Bangladesh, where tens of thousands of people defied a nationwide lockdown Saturday to attend the funeral of a top preacher, reminded people it is “mandatory” for a healthy Muslim to attend prayers in a mosque.In Pakistan, devotees said worship is more important than coronavirus concerns.Authorities have buckled under religious pressure, allowing daily prayers and evening congregations at mosques after clerics promised to instruct religious leaders to clean their facilities regularly.center_img Rising death tolls Asia is home to some of the world’s largest Muslim populations stretching from the Indonesian archipelago to the Hindu Kush mountains of Afghanistan, and close to a billion Muslims live in the region.Regional death tolls from COVID-19 have been much smaller compared with Europe and the United States but are rising steadily, sparking fears the virus may overwhelm often underfunded healthcare sectors.The coronavirus pandemic has triggered lockdowns throughout Asia, with schools shut and businesses closed, but mosques have largely stayed open.During Ramadan, mosques hold regular prayers and large “iftar” meals to break the fast at dusk, while families host feasts at home with relatives and friends in Southeast Asia, there has been fierce debate in food-mad Malaysia about whether to allow popular Ramadan bazaars, where Muslims buy local delicacies before breaking their fasts.Malaysia has imposed a nationwide coronavirus lockdown, and the government last week said that to ensure social distancing, they would only allow so-called “e-bazaars”, where people order goods online from local vendors which are then delivered to their homes. Topics :last_img read more

Former Tottenham coach Clive Allen recalls almost punching Arsene Wenger before Carlo Cudicini stepped in

first_imgAllen was insistent on a handshake from Wenger (Picture: AFP/Getty Images)‘I stuck out my hand to shake, but he just walked past me, because he’d lost. That’s the way he is. I chased after him down the tunnel,’ Allen wrote in his autobiography Up Front, published by the Evening Standard.‘“Come on Arsene!” I shouted. “Are you a man or a mouse? Shake my hand.” He wouldn’t.‘At that point, I lost it. The tunnel area was teeming with stewards, press and the players, who were beginning to make their way off the pitch. I couldn’t believe his attitude.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City‘“Where are you walking to? You’re a mouse!” I screamed at him. I was ready to blow. “Just because we’ve won for once!”‘I called him a few choice names. He kept looking at me, edging away. I was ready to punch him.‘Just as I went to swing for him, reserve goalkeeper Carlo Cudicini saved the day. He threw his arm over my shoulder. “Clive, what was the score?” he said, smiling. He dragged me away and into our dressing room.’ Arsene Wenger narrowly avoided an assault from Clive Allen (Picture: Getty Images)Former Tottenham coach Clive Allen has admitted that he came close to punching former Arsenal manager Arsene Wenger, before Carlo Cudicini intervened.Allen, a start striker for Spurs in the 1980s, says that bad blood began bubbling between him and Wenger when the Frenchman labelled Tottenham ‘cheats’ after a match in April 2006 which ended 1-1.Wenger famously reacted badly to the ball not being put out of play when two Arsenal players were injured, arguing with then Spurs manager Martin Jol on the touchline and later accusing the Tottenham coaching staff of cheating.Allen was far from impressed by this accusation and vowed to ‘shake Wenger’s hand as a winner’ as soon as possible.AdvertisementAdvertisementADVERTISEMENTWhile not the next time Spurs would beat their north London rivals, Allen made the bid for the handshake, after a 2-1 win in the Premier League in October 2011, and Wenger was not interested. Former Tottenham coach Clive Allen recalls almost punching Arsene Wenger before Carlo Cudicini stepped in Wenger ignored Allen’s bid for a shake (Picture: AFP/Getty Images)Allen signed for Arsenal before he moved to Spurs, but never played a league game for the Gunners despite arriving from QPR for £1.25m in 1980.The forward did not fit into the formation being used by Arsenal at the time and was moved on to Crystal Palace before turning out in the league, with Kenny Samson going the other way and going on to become a Gunners legend.MORE: Arsenal issue Alexandre Lacazette injury update ahead of Sheffield United clashMORE: Mesut Ozil insists he’ll see out Arsenal contract despite struggles under Unai Emery Metro Sport ReporterThursday 17 Oct 2019 11:25 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link270Sharescenter_img Advertisement Comment Advertisementlast_img read more

Artists Gail Rodney and Marston Clough join forces at Old Sculpin…

first_imgHer interest in combining art with words came because she was an English major in college. She saw the imagery in poems, and “they stuck with me,” she says. She also found them enigmatic. “All those poetic tools suggest more than the words,” she added. “Art is nonverbal. Poetry is words. I took a side trip with Vineyard book publisher Jan Pogue,” she said in an interview last week. That book was done in pen and ink with watercolor.Not all her work combines art with words. In “Calm Morning, Katama” she depicts two boats floating on still waters with a skyline behind them. Many of her paintings illustrate Chappaquiddick. One dramatic example is “Waiting at Sunset Ferry Point.” Another is “Late afternoon Chappy Point.” She enjoys working with Clough. “He’s great,” she says.Clough was born on the Island and lived in Southborough, until he retired from teaching science in 2003 and started painting seriously. He began by taking courses at Massachusetts College of Art and Design, then the Worcester Art Museum. “I happen to like to doodle and draw,” he says. He bought a house in Vineyard Haven, and spent summers there until his wife retired, and now they live on-Island full time. “Waiting at Sunset, Ferry Point.” — Gail Rodney “It’s Going to Clear.” — Marston Clough “Late Afternoon at Chappy Point.” — Gail Rodney “Scallop Skiff on Ice.” — Marston Clough “I liked to draw,” he says. “I like to do etchings.” He continued making monotypes. “I’m an impulsive painter,” he explains. “I let the canvas dictate. The ones I like best are the impulsive ones, ones I don’t have to go back over.” He paints primarily in oils.Horizons and skies appeal to him because the light changes a lot. He works with a varied palette, in particular muted scenes. “Sometimes I like bold things,” he says. “Sometimes I like muted ones. Those are the ones I’m happy with.”Clough served as president of Featherstone’s board and treasurer of the Massachusetts Art Association. Because of the COVID crisis, he said to Rodney, “I’ll take one wall, you take another,” at Old Sculpin. He’s picked several paintings that are larger than usual. An example is “It’s Going to Clear,” where dark clouds dominate the painting with a lighter horizon. He describes his work as consisting of big, loose skies, calling them atmospheric, foggy, and muted. “If I can achieve that, then I love it.” He also says, “The one thing that I really like about art is making friends.” Of Rodney he says, “We get along. We’re both on the quiet side, but we’re determined.”Old Sculpin Gallery on Edgartown Harbor, open Tuesday to Friday, 10 am to 6 pm, Saturday from 11 am to 6 pm, and Sunday, 12 to 5 pm.center_img “Calm Morning, Katama.” — Gail Rodney 1 of 5 Living in New York since her college days, Rodney started off with cityscapes, but she also did Chappaquiddick landscapes. Summering on Chappaquiddick, she’s been primarily a landscape artist, working in oil, collage, pastel, and watercolor. She has belonged to the Martha’s Vineyard Art Association, which runs Old Sculpin Gallery, for 25 years, eventually serving as its president.“I like to think of paint as my friend, and explore it for its own sake,” says Rodney. “What it wants to do is often more exciting than what I intended.” Precision always lurks, according to her. Her goal is to understand form and color.She created three artists’ books, based on three different poems. The first of three was based on Wallace Stevens’ poem, “Thirteen Ways of Looking at a Blackbird.” The other two were inspired by Gerard Manley Hopkins’ “Pied Beauty,” and by two Shakespearian songs. She is working on one based on “Love Calls Us to the Things of this World” by Richard Wilbur. Gail Rodney and Marston Clough share space at Old Sculpin Gallery in an exhibit called “Intersections,” which will run virtually or in Edgartown from Saturday, August 15, to Saturday, August 29. The two have been friends for many years.last_img read more

Leafs salute graduation players Howell, Gorn, Weber

first_imgHowell, who came to the Leafs in a trade this offseason, was a key cog on the Leafs roster this season, playing 45 games and scoring 21 goals and adding 24 assists.Weber, a graduate of Nelson Minor Hockey, played four seasons in the Green and White, finishing his career playing 140 games and 41 points.Gorn spent a very brief time with Nelson, coming to the Leafs prior to Christmas to assume the starting netminding spot.However, an injury suffered during practice in mid-January sidelined the Edmonton native for the duration of the season. The Nelson Leafs executive saluted three graduating players prior to Monday’s Kootenay International Junior Hockey League playoff game against the Castlegar Rebels at the NDCC Arena.Injured goalie Billy Gorn and forwards Sam Weber and Dale Howell were all presented with mementos to commemorate their last year of Junior B hockey.last_img read more

STABLE NOTES BY ED GOLDEN – THURSDAY MARCH 5, 2015

first_imgMark Casse46105622%$707,758 SHARED BELIEF ‘DOING GREAT’ FOR SANTA ANITA HANDICAPJerry Hollendorfer has Shared Belief ready to run. The post position, the weight, theIntangibles are out of his control, not that he doesn’t give a whit about those things.You don’t approach 7,000 career victories without sweating the small stuff.Shared Belief is the 3-5 favorite on Jon White’s morning line for Saturday’s $1 million Santa Anita Handicap presented by San Manuel Indian Bingo & Casino.The gelded son of Candy Ride will carry his highest impost ever, 125 pounds, and break from the No. 5 post position in the 78th running of the Grade I race for 4-year-olds and up at a mile and a quarter, which is the 11th and final event on what promises to be a sun-kissed day with temperatures in the low 80s. First post time is 12 noon.“Weight is always a big deal no matter what race you’re in,” Hollendorfer said as he put several of his charges through Thursday morning works at Santa Anita. “It’s a big deal in this race, too.“He’s got to spot them some weight, but some of the riders won’t be able to make the weight that they’re assigned. For example, some guys are in with 114, but they can’t do 14.“We’re walking over with no excuses. Our horse is doing great, he’s trained great. He has no excuses. We have to carry 125, that’s what our assignment is, and the five is a decent post; it’s not the best, but it’s a decent post.”Asked if he was surprised 12 others entered the race that offers $600,000 to the winner, $200,000 to the runner-up and $100,000 to the third-place finisher, Hollendorfer said, “I guess everybody thinks they have a shot or they wouldn’t be going in.”The Santa Anita Handicap: Cool Samurai, Aaron Gryder, 30-1; Diamond Bachelor, Martin Pedroza, 50-1; Sr. Quisqueyano, Joe Talamo, 10-1; Dynamic Sky, Corey Nakatani, 15-1; Shared Belief, Mike Smith, 3-5; Moreno, Santiago Gonzalez, 6-1; Patrioticandproud, Elvis Trujillo, 20-1; You Know I Know, Drayden Van Dyke, 30-1; Crimson Giant, Brandon Boulanger, 50-1; Imperative, Kent Desormeaux, 30-1; Bronzo, Tyler Baze, 10-1; Catch a Flight, Gary Stevens, 12-1; and Hard Aces, Victor Espinoza, 12-1.In other Big ‘Cap news:Santa Anita offers two huge guaranteed pools on Big ‘Cap Day, $1 million on the Late Pick 4 and $250,000 on the Pick 6. There will be a Beerfest and live music in the Infield. Mike Smith7615171120%$1,377,341 Drayden Van Dyke14515162010%$839,436 (Current Through Sunday, March 1) Philip D’Amato50119722%$515,630 Fernando Perez13013161210%$576,152 OCHO OCHO OCHO READY FOR SAN FELIPEOcho Ocho Ocho, perfect so far and earner of $693,600 in just three starts, takes a giant step on the Triple Crown trail when he runs in Saturday’s Grade II, $400,000 San Felipe Stakes at 1 1/16 miles.“He’s been really good since September of last year,” trainer Jim Cassidy said of the son of Street Sense who was named for his hip number at the Ocala Breeders’ Sale (888 is ocho ocho ocho in Spanish).Ocho Ocho Ocho won the Juvenile Turf Sprint when it was moved to Santa Anita’s main track due to inclement weather last Nov. 1, and the Grade III Delta Jackpot on Nov. 22.“I have no issues with him,” Cassidy said. “He’s pretty straightforward and obviously he can run, so hopefully we’ve got him tight enough for this race.“I think he’ll run pretty good and he’ll go from there to the Santa Anita Derby (April 4). He doesn’t have to be on the lead. He can sit off of it. He’s got a decent style.”As for pre-race instructions to Mike Smith, forget it: “I’m not going to tell him anything,” Cassidy said. “We stay out of each other’s way.”The field for the San Felipe: Lord Nelson, Rafael Bejarano, 4-1; Ocho Ocho Ocho, Mike Smith, 4-1; Dortmund, Martin Garcia, 8-5; The Gomper, Tyler Baze, 15-1; Kenjisstorm, Agapito Delgadillo, 50-1; Prospect Park, Kent Desormeaux, 4-1; Bolo, Victor Espinoza, 6-1; Pulmarack, Drayden Van Dyke, 20-1; Sir Samson, Joe Talamo, 12-1; and Pain and Misery, Flavien Prat, 15-1.The San Felipe offers 50 Kentucky Derby qualifying points to the winner, and 20, 10 and five to the second, third and fourth place finishers. Of those entered in the San Felipe, Dortmund (20) and Ocho Ocho Ocho (10) are the only one with points thus far. Bob Baffert7315141021%$1,311,588 Kent Desormeaux13425241819%$1,430,590 SANTA ANITA STATISTICS Santiago Gonzalez68761110%$241,744 Mark Glatt5078814%$379,024 Jerry Hollendorfer12123171719%$2,203,268 NEWLY DISCOVERED SEABISCUIT FOOTAGE TO AIR BETWEEN RACES ON SATURDAY            Santa Anita Park has announced that some recently acquired color footage of Seabiscuit’s legendary win in the 1940 Santa Anita Handicap will be shown between races six and seven this Saturday, Santa Anita Handicap Day.“The footage is for the most part, absolutely pristine,” said Santa Anita Vice President, Marketing, Nate Newby. “I think very few people alive today have seen the 1940 ‘Big Cap in color, and when they do, they are going to be amazed.“We’ve edited this down to four minutes and I think people are going to be blown away by what they see. This is a perfect time to show it, on the 75th anniversary of one of the greatest moments in Santa Anita history.”FINISH LINES: Clubhouse Ride, who cost $22,000 and earned more than $1.3 million, has been retired and will enter stud at Harris Farms near Coalinga this spring. Campaigned by Six-S Racing Stable and Bonnie and Nikolas Petralia and trained throughout his career by Craig Lewis, the chestnut son of Candy Ride earned $1,341,132 from 43 starts including victories in the Grade II Californian in 2013 and 2014. “I loved the horse,” Lewis said. “He was a great horse to be around, a great horse to train. He made my job easy because he just loved what he was doing. He was all race horse.” A 7-year-old, Clubhouse Ride is Candy Ride’s leading money earner at stud . . . This ruling from the California Horse Racing Board today: “Pursuant to an Order by the California Horse Racing Board, trainer Antonio “A.C.” Avila, trainer of the horse Masochistic, the fifth-place finisher in the ninth race at Santa Anita Park on March 15, 2014 is fined ten thousand dollars ($10,000) and suspended for sixty (60) days (March 15, 2015 through May 13, 2015) for violation of California Horse Racing Board rules #1887(a) (Trainer to Insure Condition of Horse), #E1843(a) and (d) (Medication, Drugs and Other Substances), #1844(e)(1) and (g) (Authorized Medication-Acepromazine in excess of the permitted level of 25 nanograms per milliliter, 973 ng/ml (Class III), and #1890 (Possession of Contraband). During the term of suspension, all licenses and license privileges of Antonio “A.C.” Avila are suspended, Mr. Avila is prohibited from entering horses during the term of suspension, and pursuant to California Horse Racing Board rule #1528 (Jurisdiction of Stewards to Suspend or Fine), Mr. Avila is denied access to all premises in this jurisdiction.” . . . El Camino Real Derby winner Metaboss worked five furlongs Thursday on Santa Anita’s main track for Jeff Bonde in 1:00.80 for the Spiral Stakes at Turfway Park on March 21 . . . Big Macher, working for the $2 million Golden Shaheen in Dubai March 28, went six furlongs under Elvis Trujillo for Richard Baltas in 1:12.60 . . . When Jenna’s Faith won in her first start in Sunday’s fourth race at 9-1 under Corey Nakatani for trainer Herbert Bacorn, it marked the third debut winner for the dam, Jenna’s Joy . . . Agent Tony Matos has Nakatani booked on Falls City Handicap (run at Churchill Downs) winner Frivolous for trainer Victoria Oliver in the Grade I, $400,000 Santa Margarita Stakes on March 14, and on Oliver-trained Del Mar Oaks winner Personal Diary in the Grade II, $200,000 Santa Ana Stakes the following day, March 15 . . . Joel Rosario returns to Santa Anita March 15 to ride Rosalind for trainer Chad Brown in the Santa Ana, agent Ron Anderson reports . . . Those wishing to visit Eugene “Snake” McDaniel where he is recuperating at 1832 Buena Vista in Duarte should call 626 359-5143 to make arrangements. McDaniel, the groom for 1971 Horse of the Year Ack Ack, is recovering at that locale from amputation of his right leg due to a blood clot . . . Thoroughbred owner and former jockey agent Nick Cosato and Steve Byk, host of At the Races radio show, will be Tom Quigley‘s guests, Saturday and Sunday, respectively, in the East Paddock Gardens. Saturday’s session will start at 10:50 a.m.; Sunday’s, 11:20 a.m. . . . Jockey Mario Gutierrez has been suspended three racing days (March 7, 8 and 12) for causing interference on Smoove It in Saturday’s fourth race . . . Daylight Saving Time begins Sunday. Turn your clocks ahead one hour Saturday night. Tyler Baze20028212414%$1,491,854 A. C. Avila2472329%$203,774 ‘NO EXCUSES’ GOING IN FOR SHARED BELIEFOCHO OCHO OCHO SET SET SET FOR SAN FELIPE‘MAGNIFICENT’ VINTAGE SEABISCUIT FOOTAGE AIRS SATURDAYCLUBHOUSE RIDE TO STAND AT HARRIS FARMS Tiago Pereira901091211%$356,864 Gary Stevens7111111215%$945,320 Mario Gutierrez8061078%$357,270 Carla Gaines3154216%$317,105 Michael Pender3464318%$163,050 Felipe Valdez4177817%$205,448 Ron Ellis3883621%$303,180 Victor Espinoza12825241620%$1,518,018 Brandon Boulanger956586%$197,436center_img -30- Richard Mandella4488718%$431,346 Martin Garcia10219141219%$1,342,980 James Cassidy4785917%$305,100 Elvis Trujillo15217181111%$1,062,280 Joseph Talamo16519162712%$1,259,292 John Sadler8511151313%$736,036 Peter Eurton59119819%$561,768 Peter Miller10419201018%$1,057,626 JockeyMts1st2nd3rdWin%Money Won J. Eric Kruljac3654514%$247,150 Jeff Bonde2790333%$321,530 Doug O’Neill11612111810%$694,544 Rafael Bejarano17944272425%$1,955,854 Corey Nakatani9318101219%$873,738 J. Keith Desormeaux1954226%$162,610 Hector Palma2464125%$140,750 Brice Blanc3662317%$243,752 Martin Pedroza1311218189%$539,754 Richard Baltas48108321%$399,168 Flavien Prat881011811%$537,926 Thomas Proctor3264319%$461,850 TrainerSts1st2nd3rdWin%Money Won Mike Puype6651188%$298,586 Edwin Maldonado891181112%$429,894last_img read more

Cartoon: October 24, 2014

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