Premium Gold Sale????

[aussiebreno]

Does anyone one reckon there would be any merit in trying to get a Ready To Run sale going here in Australia, i mean Aussie's by from that sale over in n.z and i reckon if run properly at a track like shepparton which isn't to far off the highway it could work. Recently Ross Pike held a sale where yearlings were only broke in and you could drive them and buy and i've been told only 2 didn't sell. I know a person who purchased 2 from that sale and one was a filly that he said on paper he wouldn't of purchased it but after driving her he signed the cheque and home she went. I think this could be another option for horses that don't make there reserve at the yearling sale's, and i do understand it might go the other way where a yearling hits it's knee etc. Just wondering what people's thoughts on this would be.

Good idea imo

[triplev123]

G'day Mango,

It has been tried a couple of times...Board & Co held one at Goulburn a year or two back...but what tends to happen is that people put them in initially, they break them in and get them up & going, find that they've got one that can clip along a bit and they decide to keep it for themselves or otherwise they put a silly price on it. You would need a group of vendors that were genuinely committed to selling. On that score I really must applaud Ross for having done what he has done recently with those yearlings. I heard he had moved most of them as well and well played to him. He's a very good horseman and thinks outside of the square. We had him come up to Sydney and do his easy lead foal work with last year's group youngsters and the difference it made in a very short space of time was quite remarkable.

[buster]

i think ross' sale worked because he was the only one to do it and that he sold all the horses available, they weren't just rejects

he had good quality horses available for various prices and a limited number of them, a sure fire way to do horse business imo (alot like the kiwis who sell 99% of them, not just the rejects like in aussie)

if the apg premium sale only had 20 lots go through it would have been amazing

[justdoit]

I agree, good on Ross and Co for giving it a go. If he continues with it and it is successful others will follow. The same happened in the gallops.

The problem for breeders is getting a return on the amount of money you have invested in the yearling up until the time of sale.
We breed 10 mares on average each year, they all have their good and bad qualities. We breed to improve the offspring and to make them
attractive at the time of sale to buyers. Each year we seem to have all the different types of mares to breed from, maiden mares, old mares, empty mares,
foaling mares, all different ages. When we are working out the bookings for the year all the mares are looked at, as to what is the chance of them
getting in-foal. It varies from year to year, the average is 70% in-foal. Then we average 6 live foals, and then we have 4 to 5 yearlings to sell.
I started and still have 10+ mares and only have 4 to 5 yearlings to sell?? When I last looked all my weanling's are fillies SHIT. Thanks for the information
Mightymo. We very rarely send horses to auction unless they are sold prior to the sale, at the buyers request.

Could be the Premium sale next year.

Could the Breeders Crown put on a sale, increase their prize money and give the APG teamsters something to ponder




RHODIUM CASTLE. winner, this is one of the horses from Raceapacer. Good to see it win and nicely bred.

[aussiebreno]

I agree, good on Ross and Co for giving it a go. If he continues with it and it is successful others will follow. The same happened in the gallops.

The problem for breeders is getting a return on the amount of money you have invested in the yearling up until the time of sale.
Have to get going, will finish this later.

RHODIUM CASTLE. winner, this is one of the horses from Raceapacer. Good to see it win and nicely bred.

Its bad seeing Rhodium Castle win lol. Was the only one I was interested in of about 5 and almost bought a share but lack of funds that I could justify buying it.

[justdoit]

Hi Aussiebreno, How many shares were sold in each horse?

[aussiebreno]

Hi Aussiebreno, How many shares were sold in each horse?

Shares were sold for either 5%, 10% or 20%. And I think it was really 2.5%, 5% and 10% as Raceapacer only owned 50% anyway.
EDIT: They also take the horse off you when it turns 4 or 5. Forget the price of a 5% share now but I remember, after expenses, they had to win close to $100K to break even.

[buster]

i looked at that, but i didnt like the trainers they were going to, and if im not mistaken theyve sacked a trainer to send it to b lilley?

[mango]

Since the melbourne a.p.g sale's have concluded Ross has been bombarded with phone calls to break some in with the view of selling them the same way.

[justdoit]

I hope Ross gets good numbers for his next sale and will be very surprised if he does not.

Hi aussiebreno,
A share just to race, i would not be interested.