Always back the horse named self-interest, son. It'll be the only one trying
Today’s APG sale was a disaster on every front. The clearance rate – the number of lots sold – was down from almost 70% last year to just over 50%, meaning that almost half of the yearlings that went under the hammer didn’t sell. The average sale price of the ones that did sell was […]
The standardbred yearling sale kicks off on Sunday with the APG auction at the Gold Coast, and continues for the next 2 months solid after that. We thought it might be useful for prospective buyers to know which sires fire at the top level, and which ones don’t. Here it is. There were 50 Group […]
Surprisingly Burwood Stud haven’t brought a whole lot of quality to the sale, with its 6 lots being predominantly by bargain basement sires. I can’t get enthused about any of them, just as none of Cobbitty Equine Farm’s draft excites me very much. The Vagg family’s drafts often feature foals by bargain basement sires and […]
The APG Gold Coast yearling sale is on again this weekend, with 80 odd lots on offer for eager buyers willing to chase the much less attractive than before reduced $100 000 prizemoney in a sales race series for each sex limited to 2-year-olds, as opposed to the riches on offer for both 2 and […]
What a wonderful gesture by KO Thoroughbred Racing to give away a share in a racehorse worth thousands, especially after they have put a $540 000 mark up (less expenses) on the three yearlings they bought at the Magic Millions earlier in the month. Which horse will it be? One of the yearlings or one […]
What you see above is a yearling purchased at the Magic Millions that up and coming trainer Claire Lever is selling in shares. As you can see Claire breaks down the price per share for buyers, with the purchase price disclosed and the cost of all the add-ons and extras. Note that the cost per […]
A number of readers have written in asking how the company with the massive profit margins KO Racing can operate their horse sales by shares business without the required Australian Financial Services (AFS) License that all syndicators are required to hold. The simple answer is that they are not. KO Thoroughbred Racing operates under the […]
KO Thoroughbred Racing is a Queensland based syndicator of racehorses that was the subject of a recent letter sent in by pundit Terry of Toowoomba. On the basis of the prices it is syndicating its recent Magic Millions yearling buys for, KO is also one of the slipperiest syndicators in Christendom. No-one minds a yearling […]
6 – I Am Invincible Australia’s modern day answer to Sir Tristram blitzed the sale, with six lots selling at a million or above. Given his continuing outstanding record of success, why wouldn’t they? He’s not Australia’s no 1 sire for nothing. 4 – Snitzel The champion sprinter turned sire once owned by incarcerated cocaine […]
We told you last week about the weanling colt that the bankrupt water thief during a drought Dean Baring’s family company Traxion Management Services paid $2000 for at last year’s Magic Millions sale, and was selling 12 months later as a yearling. They sold the little fella alright. For $70 000. The buyers were NZ […]
