Another big owner gone sour?

  • easy
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Re: Another big owner gone sour?

8 years 1 month ago
#671054
I have to slightly disagree with Oscar.

Owning in SA has its challenges but compared to the UK for example its a no brainer.

Our horse ran at Sedgefield, its a 200mile round trip. Cost of £1 per mile transport. Stabling and training ranges from £35 to £48 per day depending on if the horse is in full training or being let down for a few weeks. 1st class tickets by train to Sedgefield from London £150 each (I'm too fat to fit in economy) 2 day declarations mean we have to wait till the last minute to make arrangements.

Now in SA, we just bought 2 at the yearling sales. ALL INCLUSIVE I've sold shares in the UK for £3200 for minimum 2 years. Thats ownership and training costs. for 1/12th of each horse. An overnight flight to Capetown £600

I do agree though that owning in France is far better than SA but compared to the UK its better in SA.

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  • Over the Air
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Re: Another big owner gone sour?

8 years 1 month ago
#671059
52 Syndicates listed in 2015
84 companies
12 trusts

Any way you slice it, ownership numbers have been decimated.

Having 52 syndicates involving 100000 members and having 80 horses in training does not solve the problem.

The problem as I see it is the mega owners have up until now softened the blow and are hiding the catastrophe about to happen. Ask any trainer who doesnt have Jooste, V Niekerk, Werners, Moodley, Reysell(sic), Takkie Town, et al in their yard how they are doing compared to 10 years ago and you will get the same answer every time.

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  • Dave Scott
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Re: Another big owner gone sour?

8 years 1 month ago
#671064
I personally feel the bigger picture is not just related to horse racing.

Whether you are in banking, manufacturing, retail etc

People black and white have decided its "TIME TO GET TO HELL OUT OF DODGE, TONTO"

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  • oscar
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Re: Another big owner gone sour?

8 years 1 month ago
#671112
Don too many to list mate.

Davy quite correct even to the ostriches.. The writing is on the wall so clearly it's impossible to miss.

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  • Form Fundi
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Re: Another big owner gone sour?

8 years 4 weeks ago
#671251
oscar wrote: It is not easy being an owner here in SA, there are zero benefits from the Racing Clubs, all the effort goes into racing from the Trainers and Jocks to keep you in which must be very hard on them, stakes (and I don't care which country you compare them to) are not great, Vet charging is ridiculous and there is no way you can make any money back on betting with all the bookies cutting bet sizes. You even have to pay for your own photographs if your horse by chance wins!

Agree with all the above plus list doesn't end there. As an ex-owner I can confirm there are zero benefits from the Racing Clubs.

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  • Len Sham
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Re: Another big owner gone sour?

8 years 4 weeks ago
#671257
oscar wrote: It is not easy being an owner here in SA, there are zero benefits from the Racing Clubs, all the effort goes into racing from the Trainers and Jocks to keep you in which must be very hard on them, stakes (and I don't care which country you compare them to) are not great, Vet charging is ridiculous and there is no way you can make any money back on betting with all the bookies cutting bet sizes. You even have to pay for your own photographs if your horse by chance wins!
Oscar the photos are the only expense owners don't mind paying for B)

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Re: Another big owner gone sour?

8 years 4 weeks ago
#671260
Len Sham wrote:
oscar wrote: It is not easy being an owner here in SA, there are zero benefits from the Racing Clubs, all the effort goes into racing from the Trainers and Jocks to keep you in which must be very hard on them, stakes (and I don't care which country you compare them to) are not great, Vet charging is ridiculous and there is no way you can make any money back on betting with all the bookies cutting bet sizes. You even have to pay for your own photographs if your horse by chance wins!
Oscar the photos are the only expense owners don't mind paying for B)

Even the photos and those cheap frames are overpriced in my opinion.

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  • Len Sham
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Re: Another big owner gone sour?

8 years 4 weeks ago
#671262
if you have just had a winner who cares... B)

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  • Len Sham
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Re: Another big owner gone sour?

8 years 4 weeks ago
#671264
Len Sham wrote: if you have just had a winner who cares... B)
R/ A members get photo's for free if on course..

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  • Bob Brogan
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Re: Another big owner gone sour?

8 years 4 weeks ago
#671737
Please be advised that Vodacom Durban July entry, Master Sabina, has changed stables and will now be trained by Justin Snaith as from 18 May 2017.

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  • MR ARROGANT
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Re: Another big owner gone sour?

8 years 4 weeks ago
#671740
Bob Brogan wrote: Please be advised that Vodacom Durban July entry, Master Sabina, has changed stables and will now be trained by Justin Snaith as from 18 May 2017.

New owner ?

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  • jim
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Re: Another big owner gone sour?

8 years 4 weeks ago
#671860
Same ownership . Disgusting. Speaks volumes.

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