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Inglis Sales |
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Batman
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Joined: 22 Jan 2018 Location: Australia Status: Offline Points: 943 |
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Topic: Inglis SalesPosted: 10 Feb 2020 at 11:51am |
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Lot 306, just watch this Super One colt pass in @ $115k with reserve of $120k. What bad luck for those under bidders. No wonder buyers are sick of sales when they are treated like this. A quarter passed in
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Eight days a week
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Shawy38
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Joined: 13 Jun 2015 Status: Offline Points: 8086 |
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Posted: 10 Feb 2020 at 12:47pm |
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Should’ve just sold it for $115 and be done with it
Reserves are joke It should be sold at market value, Not over inflated egotistical breeders price |
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Second Chance
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Joined: 02 Dec 2007 Status: Offline Points: 20391 |
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Posted: 10 Feb 2020 at 5:11pm |
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Vancouver badly in need of some friends. The majority thus far sold at a loss thus far if vendors paid the advertised stud fee.
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Second Chance
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Joined: 02 Dec 2007 Status: Offline Points: 20391 |
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Posted: 10 Feb 2020 at 5:54pm |
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$340k or something similar for Lot 471 by the average Starcraft from a female family with no black type until the third generation.
![]() Off to Honkers with George Moore, backed by many with plenty. Realistically a $100k yearling tops in my humble, but BOL to the purchasers. |
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Glencoe
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Joined: 19 Jun 2011 Location: Mt. Gambier S.A Status: Offline Points: 1114 |
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Posted: 10 Feb 2020 at 11:42pm |
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Nicconi $370K !!
Would you believe that the breeder & the purchaser/trainer are mates. funny that or just coincidence?
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robbo
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Joined: 28 Feb 2007 Location: Australia Status: Offline Points: 1220 |
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Posted: 11 Feb 2020 at 2:06pm |
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Agree. There are a couple of high profile first season sires in some trouble too, namely Flying Artie and Astern.
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kavg
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Joined: 08 Jun 2009 Status: Offline Points: 3009 |
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Posted: 11 Feb 2020 at 2:55pm |
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Coincidence of course glencoe!
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Breeder
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Joined: 20 Feb 2007 Location: New Zealand Status: Offline Points: 609 |
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Posted: 11 Feb 2020 at 3:37pm |
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I think the reserves reflect laziness on the part of the vendors, in many cases. The auction house just adds $5k to the last bid for the sake of giving/printing a reserve. The vendors should tell the the auction house what the reserve is, preferably before the auction of the horse starts or at least as it leaves the sales ring.
In most cases what we see as a reserve is meaningless as it will come down to a haggle in the end. Today there was a filly I liked that passed with a reserve of $50K but soon after it was reported as sold for $40k
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Taxidriver
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Joined: 20 Apr 2014 Location: Gold Coast Status: Offline Points: 32 |
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Posted: 12 Feb 2020 at 10:47am |
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Those who paid the $38,500 first season fee for Flying Artie have sure brought the rain. They are taking a bath.
Average $45k. Median $40k. In take-home pay terms that means a whopping negative.. Simple maths Profit = sale price (- sale fees + rearing & prep costs + service fee).. ie $45k - ($5k + $30k + $38.5k) = -$28.5k = a BATH. |
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robbo
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Posted: 12 Feb 2020 at 12:25pm |
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It'll be very interesting to see the composition and fee schedule of the Newgate roster for the upcoming season. Surely Sizzling is gone, Flying Artie gets a price cut, Dissident? Do they persevere when the market clearly thinks he's gone. Super One is another that will need to start kicking goals, but he was a dodgy proposition from the get-go.
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robbo
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Posted: 12 Feb 2020 at 1:36pm |
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I should also add that Wanjina could be in some trouble too. |
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mc41
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Joined: 20 Feb 2007 Location: Goldcoast Au Status: Offline Points: 3547 |
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Posted: 12 Feb 2020 at 4:52pm |
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Thoughts on Maurice yearlings V price ?
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Second Chance
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Posted: 12 Feb 2020 at 5:10pm |
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Was a hard sell to breeders mc.
But thought he sold ok and certainly not an, er, Maurice Minor.
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Taxidriver
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Joined: 20 Apr 2014 Location: Gold Coast Status: Offline Points: 32 |
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Posted: 12 Feb 2020 at 6:39pm |
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And Extreme Choice with a 46% fertility rate in his first year of 118 mares is questionable. It improved to 81% when the book was cut (one way or another) to 68 in his second year.
He might be the hope of the side. Yearlings look like early comers and he was a very good young un. He might emulate his sire after a modest start..
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Second Chance
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Posted: 12 Feb 2020 at 7:19pm |
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Thought provoking post TD.
![]() Am totally on the fence with barbs on both sides atm.
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mc41
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Posted: 12 Feb 2020 at 7:45pm |
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Thought his prices where disappointing,mini minor with a rooftop |
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Gay3
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Joined: 19 Feb 2007 Location: Ballarat Status: Offline Points: 36791 |
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Posted: 6 hours 2 minutes ago at 6:53pm |
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I've only just started perusing the 'pretty pictures' but am in love already!!! OMG, she's so mature looking & the pic alone gives the impression little fazes her ![]() I did this 'copy' but forgot to 'paste' ![]()
Edited by Gay3 - 4 hours 44 minutes ago at 8:11pm |
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Experience is something you gain a few minutes after you could have used it!
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Second Chance
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Joined: 02 Dec 2007 Status: Offline Points: 20391 |
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Posted: 5 hours 35 minutes ago at 7:20pm |
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Gay you're nearly worse than djebel.
![]() Which lot are we talking about?
Thanks, I know how bloody frustrating it is She's lovely tho', isn't she? You could've said nearly as bad instead of worse ![]() Edited by Gay3 - 4 hours 42 minutes ago at 8:13pm |
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acacia alba
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Joined: 31 Oct 2010 Location: Hunter Valley Status: Offline Points: 29130 |
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Posted: 2 hours 28 minutes ago at 10:27pm |
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At least Gay doesnt want them all left stallions. Or gelded.
Whatever it is thats Djebel,s fixation.![]() |
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animals before people.
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