18th club, whose next?

[Red&BlackBear]

Ups and downs of business FY '22

Cash Converters (ASX: CCV) has announced what managing director Sam Budiselik describes as a “watershed year” for the 12 months ending June (FY2022), with revenue rising 22% to $245.9 million.

Earnings before interest tax depreciation and amortisation (EBITDA) was up 6% in FY2022 to $52.7 million, while operating net profit after tax increased 26% to $19 million.

Cash Converters boosts revenue amid ‘watershed’ FY2022

Cash Converters (ASX: CCV) has announced what managing director Sam Budiselik describes as a “watershed year” for the 12 months ending June (FY2022), with

smallcaps.com.au

From June 2022 and I posted from March 2024. Now who is the idiot who can’t read dates - scrounging hard to justify the existence of a bid you know nothing about. Never seen a person shoot them selves in the foot as much as you. What a talent you have.

 

[AlwaysGreen]

First rule of business: don't work with unhinged f**kwits.

If R&BB is representative of the bears no wonder no one wants a bar of them.

Stick to collecting useless petitions pal.

 

[Get Rid of The Donkeys]

you say it like you've been personally victimized by the state of WA lol

I don't like useless bludgers who have an entitlement complex.

 

[Pj,Rj,Hj]

Serious question for the W.A. brigade, where will their headquarters potentially be based ?.
Perth City ?, near HBF Park ?, Scarborough ?, the Pilbara ?.
What location would best suit a NRL league franchise ?.

Perth Reds idea of a training centre at WAIS/ McGillivray/UWA Sports Park (whatever the precinct is called?) ain't bad. The Western Force are already based there. The WA Govt was supposed to build WA Rugby a new training field too, after their original home at Perry Lakes was turned into housing. Instead the WA Govt played two birds one stone with the neighbouring WA Athletics Stadium.
An extension to facilities could see a WA NRL side cohabitate with the Force. Just like the Storm share with the Rebels and the AFL's Melbourne Demons. The Force have previously shared the facilities with the Perth Glory.

Alternatively I prefer a dedicated Rugby League HQ and Training facility at the South Perth Lions home base, George Burnett Park in Karawara, near Curtin University. There's enough room for an NRL facility and for South Perth to remain, and up to 3 fields. Maybe such a facility could team up with Curtin's sports science department?

George Burnett Park is slightly closer to the GPO and HBF park than UWA Sports Park. The neighbouring suburb of Como is the population centre of Perth.
The location has very easy access in close proximity to the Kwinana/Mitchell Fwy that runs the whole length of the long Perth Metro area. Its surrounded by the relatively affluent river suburbs of Manning, Salter Point, Como and very close to Mount Pleasant, Applecross, South Perth, Kensington. Desirable suburbs for Players, coaches and staff etc
*granted Perth Red's suggestion is also a very nice area of Perth.

 

[Get Rid of The Donkeys]

Out of the two of us one wants the best for WA rugby league, the other wants the best for the Bears. One of us is open to either a stand alone or a partnership (whichever is best for rugby league in WA), the other can only see Bears or nothing. Hmm I wonder which of us is the real rugby league fan and which is myopic club fan who just wants to see his club back?

You're the pot calling the kettle black.

For years you've ridiculed rugby league in Brisbane and demanded it be held back so the ARLC can create and perpetually fund unwanted teams in backwater markets that don't give a f**k about the game. You hate Origin and want it scrapped because it doesn't involve Perth and Hull. I wouldn't classify you as an expansionist or a rugby league fan. You're a bitter old whinger who wants to tear down the game in its heartland out of jealousy.

lol, so much self driven bias guesswork. You have no idea what the business case of the Perth bid is.

Neither do you. It hasn't stopped you from claiming it will be successful and should get the 18th licence.

 

[Red&BlackBear]

First rule of business: don't work with unhinged f**kwits.

If R&BB is representative of the bears no wonder no one wants a bar of them.

Stick to collecting useless petitions pal.

Your business is collecting gum from under tables. Stay in your lane and keep working those jaw muscles although they’ll never be Garrick like so settle for Sasagi.

 

[Wb1234]

Your business is collecting gum from under tables. Stay in your lane and keep working those jaw muscles although they’ll never be Garrick like so settle for Sasagi.

The poor guy is having an epic meltdown

go raiders

 

[Get Rid of The Donkeys]

sigh.
did clubs vote on if the Brisbane2 license went to dolphins, firehawks or Jets? No they didnt. And if there is more than one bid from perth the other clubs wont vote on that either.

You've told us for years that Redcliffe got the licence because Broncos didn't want Easts?

 

[Get Rid of The Donkeys]

This lot doesn’t even know how setting up a company works or entails to even be able to get to the stage of recruiting people. You’re putting the cart in front of the horse but the issue here is the horse doesn’t even exist. Mind boggling how uneducated some are. Comical.

All the magic dust and pixie sprinkles from thin air won’t help here when there is no long term sustainability strategy to be seen which this lot thinks it comes out of cereal boxes. 0 assets to their name - this mob wouldn’t be financially positive for decades, if ever. There is no plans or vision outside we want a team- all secretive. Are they prospective rugby league club operators or are they ASIO? Hilarity ensures. Never met a mob who people claim hold all the cards when the game is being played with chess pieces. Righto!

Don't worry about mongoloid. He's as crazy as a cut snake.

I have a theory which might be a bit tin foil hat but I reckon the NRL (news) has or had a secret agreement with ARU to stay out of WA to give the Force and Australian Rugby "space".

 

[Bukowski]

Perth Reds idea of a training centre at WAIS/ McGillivray/UWA Sports Park (whatever the precinct is called?) ain't bad. The Western Force are already based there. The WA Govt was supposed to build WA Rugby a new training field too, after their original home at Perry Lakes was turned into housing. Instead the WA Govt played two birds one stone with the neighbouring WA Athletics Stadium.
An extension to facilities could see a WA NRL side cohabitate with the Force. Just like the Storm share with the Rebels and the AFL's Melbourne Demons. The Force have previously shared the facilities with the Perth Glory.

Alternatively I prefer a dedicated Rugby League HQ and Training facility at the South Perth Lions home base, George Burnett Park in Karawara, near Curtin University. There's enough room for an NRL facility and for South Perth to remain, and up to 3 fields. Maybe such a facility could team up with Curtin's sports science department?

George Burnett Park is slightly closer to the GPO and HBF park than UWA Sports Park. The neighbouring suburb of Como is the population centre of Perth.
The location has very easy access in close proximity to the Kwinana/Mitchell Fwy that runs the whole length of the long Perth Metro area. Its surrounded by the relatively affluent river suburbs of Manning, Salter Point, Como and very close to Mount Pleasant, Applecross, South Perth, Kensington. Desirable suburbs for Players, coaches and staff etc
*granted Perth Red's suggestion is also a very nice area of Perth.

View attachment 88339

Plenty of space around the new soccer complex too.

 

[Perth Red]

From June 2022 and I posted from March 2024. Now who is the idiot who can’t read dates - scrounging hard to justify the existence of a bid you know nothing about. Never seen a person shoot them selves in the foot as much as you. What a talent you have.

Ive literally said ups and downs, year by year. Now who cant read?
2022 was a good year for the company.
In 2023 the company had record loan sign ups, revenue up 23%, record revenue of $303mill, launch of new products, store revenue up 15%, investment in growth of digital platforms, $200mill assets.
$19mill profit '22, $20mil profit '23,
Yeh they sound like they are struggling lol.
Go to cash convertors and buy a clue!

https://www.cashconverters.com/wp-content/uploads/2023/08/FY23-Annual-Report.pdf

 

[Perth Red]

Perth Reds idea of a training centre at WAIS/ McGillivray/UWA Sports Park (whatever the precinct is called?) ain't bad. The Western Force are already based there. The WA Govt was supposed to build WA Rugby a new training field too, after their original home at Perry Lakes was turned into housing. Instead the WA Govt played two birds one stone with the neighbouring WA Athletics Stadium.
An extension to facilities could see a WA NRL side cohabitate with the Force. Just like the Storm share with the Rebels and the AFL's Melbourne Demons. The Force have previously shared the facilities with the Perth Glory.

Alternatively I prefer a dedicated Rugby League HQ and Training facility at the South Perth Lions home base, George Burnett Park in Karawara, near Curtin University. There's enough room for an NRL facility and for South Perth to remain, and up to 3 fields. Maybe such a facility could team up with Curtin's sports science department?

George Burnett Park is slightly closer to the GPO and HBF park than UWA Sports Park. The neighbouring suburb of Como is the population centre of Perth.
The location has very easy access in close proximity to the Kwinana/Mitchell Fwy that runs the whole length of the long Perth Metro area. Its surrounded by the relatively affluent river suburbs of Manning, Salter Point, Como and very close to Mount Pleasant, Applecross, South Perth, Kensington. Desirable suburbs for Players, coaches and staff etc
*granted Perth Red's suggestion is also a very nice area of Perth.

View attachment 88339

Not a bad spot. Is that park state owned or council owned?
The perry lakes area is state owned hence why theyve built basketball, RU, athletics and swimming centers there.

 

[Perth Red]

Plenty of space around the new soccer complex too.

Not as desirable a location as city beach or manning though

 

[Bukowski]

Not as desirable a location as city beach or manning though

That's true. I guess the govt will go with the cheapest option.

 

[Perth Red]

You've told us for years that Redcliffe got the licence because Broncos didn't want Easts?

I mentioned that in original post lol.
Im not sure news ltd influence counts same as 17 clubs voting on which bid they like best, which they dont get the opportunity to do.

 

[Wb1234]

We’ve all read what the Perth fans have said on this thread

if we want the team to succeed then based on that the bears should have one hundred percent ownership

we don’t want a bid run by fruit loops

 

[Red&BlackBear]

Ive literally said ups and downs, year by year. Now who cant read?
2022 was a good year for the company.
In 2023 the company had record loan sign ups, revenue up 23%, record revenue of $303mill, launch of new products, store revenue up 15%, investment in growth of digital platforms, $20mill profit, $200mill assets.
Yeh they sound like they are struggling lol. Go to cash convertors and buy a clue!

https://www.cashconverters.com/wp-content/uploads/2023/08/FY23-Annual-Report.pdf

You still can’t read. You’re illiterate. How can a company have declines of above 8% a year for the last 5 years and you think they’re profitable.

Quick Inspector Morse go find another link!

 

[Perth Red]

You still can’t read. You’re illiterate. How can a company have declines of above 8% a year for the last 5 years and you think they’re profitable.

Quick Inspector Morse go find another link!

can you read an annual report? $19mill profit 2022, $20mill profit 2023. Record revenue outcomes.

 

[Red&BlackBear]

can you read an annual report? $19mill profit 2022, $20mill profit 2023. Record revenue outcomes.

I read $70mil revenue from Norths Collective that over arches a rugby league club and other assets not related to sports. Oooohhhhh

 

[Matt_CBY]

True, but many of the QLD sides a very small apart from Brisbane Tigers, Burleigh Bears, Wynnum Manly and the Redcliffe Dolphins.

Can’t imagine Burleigh Bears ever getting in with the Titans.