NATIONAL YEARLING SALES DAY 1

What amazes me is the price people are paying for the in fashion sires,sure you do get some nice Fort Woods,Captain Als etc but to spend in the region of a million and hopeing its good enough to get to Dubai,is a major gamble,nowing that our stakes money will never get you to the purchase price,so what im saying buy 4 or 5 cheapies and broaden your risk.

Karel

Thanks mate..I really appreciate your response..Earl seems to be garys new card name.

Johno

Garrick,

Art auctions are less transparent and a lot more crooked than any horse sale I have ever attended. What happens to the product post sale is not relevant to this conversation, as I was comparing auctions, not products.

Openly declaring a reserve would defeat the purpose of setting a reserve.

Horse auctions are no place for amateurs. That is why they have a thing called a bloodstock agent, to help navigate the waters.

There is a talent and business acumen that is required to navigate the waters at a horse sale.

Those unaccustomed to the rough seas should watch from the shore where it is safe.

BARRY,I DONT AGREE WITH YOUR STATEMENT HORSE AUCTIONS ARE NOT FOR AMATEURS.THAT MEANS HORSE OWNING IS NOT FOR AMATEURS.HOW DO WE THEN GET NEW GUYS INVOLVED.PEDIGREE AND MONEY DOES NOT HELP A HORSES PERFORMANCE. MOST OF THE EXPENSIVE HORSES ARE FLOPS. YOUR MONEY CANT BUY YOU A DREAM HORSE, BUT YOUR DREAM HORSE CAN BRING YOU MONEY.

Here's the averages of sires that sold 8 foals or more:

494167 Western Winter
456786 Var
421489 Jet Master
399722 Fort Wood
357143 Kahal
321111 Count Dubois
319524 Tiger Ridge
312826 National Emblem
288889 Muhtafal
271000 Al Mufti
263125 Right Approach
246774 Spectrum
240417 Victory Moon
235000 Captain Al
226364 Dynasty
217143 National Assembly
193333 King Of Kings
186875 Mogok
183571 Jallad
161739 Silvano
129286 Caesour

From tba

Emperors Palace National Yearling Sale yields a pleasing outcome

ALTHOUGH the provisional three-day aggregate of R152,12 million recorded at the end of the 2009 Emperors Palace National Yearling Sale on Monday was 24% down on the 2008 figure of R201,05 million, accolades came from local and international buyers.

``In the current economic climate the South African National Yearling Sale is without a doubt the best performing thoroughbred sale in the world,’’ said Australian buyer Paul Guy, echoing auctioneer Steve Davis’ earlier assessment that this was his “strongest sale in the last six’’ he’d conducted around the globe.

Team Valor International’s Barry Irwin, on his fifth successive visit, secured eight foals and summed up the event, saying, “The value here is superb, it is a joy to come to this sale and I’ll be booking for next year.’’

Irwin, renowned as one of the shrewdest buyers on the planet, described his purchase of Klawervlei Stud’s Lot 587, a daughter of Captain Al from Grade 1 winner Roxanne, as “incredible, because I would have gone to well over R1 million for her and paid only R600 000.’’ He added: “She’s probably the nicest looking filly I’ve seen. They don’t come better looking than this.’’
Summerhill Stud enjoyed the honour of selling the top-priced colt and filly at the sale. Lot 211, Uncle Tommy, a half-brother to Rebel King, was knocked down to Mike Bass for R2,4 million and Team Valor bought first-season sire Solskjaer’s daughter Matara Garden for R1,5 million. Mick Goss of Summerhill commented: “This was a very good sale and we are delighted with our achievement.’’

Klawervlei Stud was the top vendor by aggregate and Stud Manager John Koster said: “We are very proud as Klawervlei had only 13 yearlings at all the sales when we started four years ago.’’ The Bonnievale stud farm sold 33 lots this year for a combined total of R14,555 million.
The leading buyer was trainer Mike Azzie, representing Prancing Horse Stud, who will be taking home 14 yearlings bought for R9,455 million.

Champion Stallion Jet Master topped the sires list with 47 of his offspring sold for R19,81 million or an average of R421 489.

BloodStock SA’s CEO, Jan Naudé said he was most pleased with the results as they were significantly better than figures posted at thoroughbred auctions around the globe since the start of the real economic meltdown. He noted also that the passout rate of 89% was much better than the corresponding rates at other recent sales worldwide. The average price of R310 449 was only 20.6% down on last year’s record average, R391 000.

BSA’s Sales Manager Caroline Simpson thanked Emperors Palace for their continued support and wished Emperors CEO Bob Yearham a speedy recovery from illness. “This was a good team effort from the top down and I am truly excited that we could hold our own in these times,’’ she said.

The final statistics for NYS 2009 are available on www.tba.co.za

De Kock to train Sheikh Hamdan's yearling buys


Report: South African National Yearling Sale

South Africa: Hamdan Al Maktoum signalled his entry into South African racing by buying seven yearlings for SAR5.5million (£413,500) at the Emperors Palace National Yearling Sale in Johannesburg.
Sheikh Hamdan Maktoum - Owner

Hamdan Al Maktoum: yearlings will race next season in South Africa


The sheikh has stood stallions at Mick Goss's Summerhill Stud in Mooi River for several years but he has not had horses in training in the country before.

Mike de Kock, who will train them, said: "Sheikh Hamdan has been in business with Summerhill Stud but he is a newcomer to the National Sale.

"He hopes to be following in the ways of his cousin, Sheikh Mohammed bin Khalifa Al Maktoum, who has had good success with South African-breds. We are similarly proud to have him on board."

The highest-priced of the Shadwell purchases was SAR1.2m (£90,000) paid for a colt by champion sire Jet Master and again for a Goldkeeper half-sister to Cape Guineas and Derby winner Rabiya.

Top price of the sale was SAR2.4m (£180,000) paid by Leicester-born trainer Mike Bass for a Kahal half-brother to top sprinter Rebel King.

Bass was acting for veteran-owner breeder Graham Beck who also owns champion racemare Dancer's Daughter.

Peter Doyle bought two of the top nine lots and active British agents included Tom Goff and David Allan.

The three-day sale, which finished on Monday evening, suffered its first reverse in a decade during which prices had more than quadrupled. The SAR152 million (£11.4 million) aggregate showed a fall of 24% while the average fell by 21% to SAR310,419 (£23,253).

However, the drop in prices was nothing like as bad as had been feared and the SAR225,000 median, arguably the most relevant indicator of the lot, was down by only 13 per cent.

Australian buyer Peter Guy said: "In the current economic climate the South African National Yearling Sale is without a doubt the best-performing thoroughbred sale in the world."

Mr Irwin..... you are 1 person I wanted to met while at the sales.... sorry we didnt!

Maybe when you out again?

And me too?Difficult to ask around ..HAVE YOU SEEN A POSSUM?

Kittycatoo writes (in all caps no less) as follows:

BARRY,I DONT AGREE WITH YOUR STATEMENT HORSE AUCTIONS ARE NOT FOR AMATEURS.THAT MEANS HORSE OWNING IS NOT FOR AMATEURS.HOW DO WE THEN GET NEW GUYS INVOLVED.PEDIGREE AND MONEY DOES NOT HELP A HORSES PERFORMANCE. MOST OF THE EXPENSIVE HORSES ARE FLOPS. YOUR MONEY CANT BUY YOU A DREAM HORSE, BUT YOUR DREAM HORSE CAN BRING YOU MONEY.

Your comments are so full of assumptions, contradictions and non-sense.

First all, anybody new to any new endeavor must seek professional help. This is where a bloodstock agent or a trainer comes into play.

Whilst nobody can "buy" the game, it still takes a certain amount of money to play the game. Those with the wisest advisors have the best chance for success.

Your comment that "most of the expensive horses" are flops is a generalization and not necessarily true.

The cost of a horse is relevant if the reason(s) it was purchased made sense. A lot of horses sell for big prices at many sales, but they are bought for the wrong reasons.

When a good professional buys a horse for the right reasons, there is a much greater chance of that horse becoming a success than if one is bought for the wrong reasons.

The wrong reasons, in my opionion, are a) fashion and b) pedigree.

The right reasons are a) quality, b) temperament and c) conformation.

Well spotted A.B.