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AQUIS RELOCATION

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Glencoe View Drop Down
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    Posted: 07 Jul 2020 at 4:01pm
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Why is this relocation happening?  Something doesn't add up. What is really going on?
 
 
 
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Second Chance View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Second Chance Quote  Post ReplyReply Direct Link To This Post Posted: 07 Jul 2020 at 4:11pm
Dunno, but here's a self-edited press release:

Australia's fastest growing thoroughbred enterprise, Aquis, has opted to move its New South Wales operations, including eight stallions as well as a significant amount of breeding stock, to Gooree Stud at Mudgee ahead of the 2020 season.

The sudden move ends Aquis' three-year tenancy arrangement at Emirates Park at Murrurundi and sees the burgeoning outfit leave the Hunter Valley for the historic Gooree Park, located around 200km away.

Gooree Park made the historic decision early this year to open itself up to outside clients after 40 years under the ownership of Philippine businessman Eduardo Cojuangco, who passed away last month.

Aquis CEO Tony Williams said his company was looking to remodel its approach to its business in New South Wales and had opted out of its deal with Emirates Park to pursue an agreement with Gooree Park.

"Gooree Park had been opened up for the public and we saw it as a great opportunity to be able to access such an iconic farm with a great reputation for being able to rear and breed great horses," Williams told TDN AusNZ.  "It also enables us to have our stallions situated out there. It is a little further away than the Hunter Valley obviously, but it's a world-class set-up and we are pretty pleased to be able to go out to Gooree."

Aquis will stand Pierata and Bellevue Hill for their first seasons at Gooree, alongside second-season stallions Santos and Brave Smash (Jpn), third-season stallions InvaderJukebox and Spieth (NZ) and fourth-season stallion Divine Prophet.

Williams admitted plans had progressed very quickly with the 2020 breeding season less than two months away, but he is confident everything will be in place in time.  "Our stallions will be out at Gooree under the Aquis banner, and we will be sending a lot of our stock out there as well, as well as having stock at our Queensland and Victorian farms," he said.

"It’s all moved quickly, but we are always thinking of what is best for the business going forward. With Gooree Park changing its own model, it changed the dynamic of our thoughts and we looked to take that opportunity.  "Is there ever a good or bad time to make changes? You need to make them as you see fit. You work within the constraints you have. Yes, it’s close to the season, but we will manage it all and we’ve got some good staff to go with us out there."

Williams said there would be staffing implications from the change, with all of Aquis' stock, except for the stallions, to be under the management of Gooree Park, which is headed by long-time General Manager Andrew Baddock.

 





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Post Options Post Options   Thanks (0) Thanks(0)   Quote robbo Quote  Post ReplyReply Direct Link To This Post Posted: 07 Jul 2020 at 4:50pm
I'm really interested in this - Twitter suggested that there was some messiness between Emirates and Aquis which resulted in the move. It does suggest that Santos will be one of the 8 stallions moving, but as far as I know he is owned by Emirates?

Would be very interested in any inside info.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Second Chance Quote  Post ReplyReply Direct Link To This Post Posted: 07 Jul 2020 at 5:17pm
If Santos didn't move to Gooree it'd be proof positive that there'd been a fall-out.  But his moving could equally be read as an agreement/arrangement that would quell any such interpretation.

The current staff at Emirates might well prove to be the source of some inside info, given almost all them will be in the Centrelink queue quite shortly.

Robbo, I wonder if the move 200 kms west might affect the price of the shares being offered in Spieth at MM later this month?  Still believe they'll be sold, if not passed in, for no more than his advertised service fee in 2020.  
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Post Options Post Options   Thanks (0) Thanks(0)   Quote ianb Quote  Post ReplyReply Direct Link To This Post Posted: 09 Jul 2020 at 11:37am
Would the Tassort deal with Emirates jumping into bed with Newgate have anything to do with it
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Second Chance Quote  Post ReplyReply Direct Link To This Post Posted: 13 Jul 2020 at 5:54pm
Originally posted by Second Chance Second Chance wrote:

If Santos didn't move to Gooree it'd be proof positive that there'd been a fall-out.  But his moving could equally be read as an agreement/arrangement that would quell any such interpretation.  The current staff at Emirates might well prove to be the source of some inside info, given almost all them will be in the Centrelink queue quite shortly.

Robbo, I wonder if the move 200 kms west might affect the price of the shares being offered in Spieth at MM later this month?  Still believe they'll be sold, if not passed in, for no more than his advertised service fee in 2020. 

Bump in response to RH's new thread about Spieth.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote djebel Quote  Post ReplyReply Direct Link To This Post Posted: 30 Aug 2020 at 11:50am
Who is Aquis and are they as bad just better than Phoenix ?




reductio ad absurdum



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John H View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote John H Quote  Post ReplyReply Direct Link To This Post Posted: 03 Dec 2020 at 3:28pm
No Aquis draft in the MM or Classic Ylg Sales!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Second Chance Quote  Post ReplyReply Direct Link To This Post Posted: 03 Dec 2020 at 4:00pm
John the sales entry person must have been busy in the lauderingmat.  Twice.

But more seriously, this mob is legless in Vic.  And hope they've paid up for the $20 million worth of yearlings it's purchased over the last two years.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote TJMitchell Quote  Post ReplyReply Direct Link To This Post Posted: 04 Dec 2020 at 9:22am
Aquis has undertaken a restructure of its operation in Australia and has flagged that further changes are likely as the world comes to terms with the impact of COVID-19.

ANZ Bloodstock News on Friday reported that a number of employees from the five-year-old organisation were this week informed their services were no longer required as part of an ongoing restructure.

"With COVID, it has given us the opportunity to put steps in place to introduce a new strategic plan for Aquis," managing director Shane McGrath said.

"We have elected to change the way that we are doing business and there will be a lot more in the future.

"Across most industries, people have had time to reflect and review and we're going to try to be a little bit more innovative in how we do business and we'll implement new things.

"There will be more changes in store over the next six to 12 months as we implement our new strategy."

Aquis last year extended its operation to take in three states after leasing a property near Seymour, where they stand Siege Of Quebec, Lean Mean Machine and Mystic Journey's sire Needs Further.

No announcement was forthcoming from Aquis regarding whether the change in strategy would impact its Victorian imprint.

Aquis had 18 stallions under management across three states this year. It also has bases in Queensland and New South Wales.

Despite the restructure, McGrath indicated that Aquis would again be active on next year's yearling sale circuit, where it has been a key player in recent years.

"I am looking around at Magic Millions yearlings at the moment now that the breeding season is slowing down," he said.

"We have had a great season across the board with support from the breeders and shareholders and we look forward to supporting those same people in the sales ring where possible.

"We have had a phenomenal year on the racetrack and the push is to try and find the next Golden Slipper winner."
I wish I had a sig
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Glencoe Quote  Post ReplyReply Direct Link To This Post Posted: 04 Dec 2020 at 12:07pm
Have they had a directive from the CCP Wink
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Glencoe Quote  Post ReplyReply Direct Link To This Post Posted: 04 Dec 2020 at 12:46pm
Seriously however, they are one Int/nl gruop who would have made a profit

Canungra & their colts have been outstanding investments as have many of their broodmares
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Post Options Post Options   Thanks (0) Thanks(0)   Quote goldey Quote  Post ReplyReply Direct Link To This Post Posted: 04 Dec 2020 at 6:50pm
Canungra is a beautiful property bought for a great price .
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Post Options Post Options   Thanks (0) Thanks(0)   Quote acacia alba Quote  Post ReplyReply Direct Link To This Post Posted: 05 Dec 2020 at 8:40am
Wasnt Canungra one of Tinkler,s before ?  It is a nice property .
animals before people.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Banjo Quote  Post ReplyReply Direct Link To This Post Posted: 10 Dec 2020 at 2:19pm
Yes
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Post Options Post Options   Thanks (0) Thanks(0)   Quote robbo Quote  Post ReplyReply Direct Link To This Post Posted: 16 Dec 2020 at 3:07pm
I see via Twitter that Bellevue Hill, Spieth, Jukebox and Santos were moved late in the season to the Canungra Farm for late Queensland covers. What is going on?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Second Chance Quote  Post ReplyReply Direct Link To This Post Posted: 16 Dec 2020 at 3:23pm
Truly Bizarre Robbo.  And with only a couple of weeks of serving time left.


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Post Options Post Options   Thanks (0) Thanks(0)   Quote robbo Quote  Post ReplyReply Direct Link To This Post Posted: 30 Dec 2020 at 7:49am
Announced overnight that Leneva Park will be taking over the Seymour property currently housing Aquis Victoria and also the management of Lean Mean Machine and Royal Meeting. I think Aquis is basically going to be solely a Queensland operation going forward, which will be interesting for Pierata.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Second Chance Quote  Post ReplyReply Direct Link To This Post Posted: 12 Jan 2021 at 1:40pm
Tony Fung (Aquis) busy early at MM, arguably paying overs for Lots 9, 20 and 60 thus far.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Red Hare Quote  Post ReplyReply Direct Link To This Post Posted: 13 Jan 2021 at 12:21pm
Washing some money for the Saudis?
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Post Options Post Options   Thanks (1) Thanks(1)   Quote robbo Quote  Post ReplyReply Direct Link To This Post Posted: 19 Jan 2021 at 12:07pm
And here comes the dismantling of the NSW Aquis operation. What does it mean for shareholders in the stallions? Courtesy of ANZ Bloodstock News.


Aquis considering offers to take on its NSW stallions for season 2021 and beyond

Aquis Farm will make a call on the future of its NSW-based stallions including high-profile Group 1 winners Pierata (Pierro) and Brave Smash (Tosen Phantom) by the end of this month as the Hong Kong racing and breeding business continues its rationalisation.

The Tony Fung-owned Aquis Farm operated a three-state stallion operation in 2020 including an eight-strong NSW roster based at Lincoln Farm at Blandford after the shock relocation from Emirates Park in July.

Aquis Farm managing director Shane McGrath yesterday told ANZ Bloodstock News that the organisation was considering its options for the next breeding season.

“Now that the dust has settled on the Magic Millions, obviously after outsourcing our Victorian stallions, we received a number of proposals from NSW-based farms in relation to our NSW stallion roster,” McGrath said.

“So, in fairness to the stallions and their various owners, we have decided to look at the options with a view to deciding by the end of January how we can add the most value to our stallions for the 2021 season.”

As well as standing Pierata, the winner of the All Aged Stakes (Gr 1, 1400m), and Manikato Stakes (Gr 1, 1200m) winner Brave Smash, Aquis also had Bellevue Hill (Pierro), Santos (I Am Invincible), Invader (Snitzel), Divine Prophet (Choisir), Jukebox (Snitzel) and Spieth (Thorn Park) standing in NSW last year.

Last month, it was revealed that Leneva Park would take over the lease of the Darren Thomas-owned Seymour property where Lean Mean Machine (Zoustar), Royal Meeting (Invincible Spirit) and Needs Further (Encosta De Lago) stood in 2020.

Both Lean Mean Machine and Royal Meeting will stand at the rebranded Leneva Park Seymour farm, but Needs Further has returned to his initial home at Armidale Stud in Tasmania while shareholders in the Group 1-producing stallion assess their options ahead of the next breeding season.

Before shareholders elected to send Needs Further to Victoria last year, there had been interest from stallion farms in the Hunter Valley and Queensland, as well as South Australia, and some of those options are believed to remain on the table.

Fung, who along with racing partner Phoenix Thoroughbreds, bought 19 yearlings at the Magic Millions sale for a combined spend of $11,645,000, with young Sydney trainer Annabel Neasham set to be the major beneficiary.

By Tim Rowe




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Post Options Post Options   Thanks (1) Thanks(1)   Quote Red Hare Quote  Post ReplyReply Direct Link To This Post Posted: 19 Jan 2021 at 12:59pm
Originally posted by robbo robbo wrote:

And here comes the dismantling of the NSW Aquis operation. What does it mean for shareholders in the stallions? Courtesy of ANZ Bloodstock News.

......

As well as standing Pierata, the winner of the All Aged Stakes (Gr 1, 1400m), and Manikato Stakes (Gr 1, 1200m) winner Brave Smash, Aquis also had Bellevue Hill (Pierro), Santos (I Am Invincible), Invader (Snitzel), Divine Prophet (Choisir), Jukebox (Snitzel) and Spieth (Thorn Park) standing in NSW last year.

Pierata - 157 covers @ $44,000 (first season)
Brave Smash - 73 @ $19,250 (2nd season, down from 122 @ $22,000)
Bellevue Hill - 38 @ $11,000 (first season)
Santos - 52 @ $13,200 (2nd season, down from 137 @ $16,500)
Invader - 110 @ $22,000 (3rd season, 111 & 156 @ $27,500)
Divine Prophet - 108 @ $22,000 (4th season, 153, 119 & 170 @ same price) 
Jukebox - 17 @ $8,800 (3rd season, down from 94 & 63 @ $11,000)
Spieth - 37 @ $11,000 (3rd season, down from 89 & 149 @ $16,500)

In NBA terms, it's a roster full of expiring contracts, whereby the unexposed 'promise' represents the contract. The carousel beckons.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote ianb Quote  Post ReplyReply Direct Link To This Post Posted: 11 Mar 2021 at 4:05am
https://www.anzbloodstocknews.com/wp-content/uploads/2021/03/ANZ_110321-online.pdf

Announced this morning, every stallion will stand in Queensland, now that’s massive news
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Post Options Post Options   Thanks (0) Thanks(0)   Quote robbo Quote  Post ReplyReply Direct Link To This Post Posted: 11 Mar 2021 at 7:42am
Can't say that we didn't see this coming. Crazy stuff - there's no way there is a broodmare population in Queensland to support this number of stallions and it's fantasy to think that broodmare owners in NSW are going to walk on or relocate mares. So Aquis will be left with trying to make these stallions with their own mares, which can only mean that some stallions are left with very little support - the 2020 covering figures referred to above confirm that.

Surely they would've been better off looking to keep some of their better credentialled stallions in NSW, potentially at Kia Ora.

Some long-time readers of the forum may recall that I actively pursued a share in Spieth last year but failed - can't be any more relieved to have dodged that bullet given the news overnight, notwithstanding that his first yearlings have been well-received in the sales ring and look to be a chance.   
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Hello Sunshine Quote  Post ReplyReply Direct Link To This Post Posted: 11 Mar 2021 at 8:35am
Considering the upheaval in Hong Kong, no bearing?
On borrowed time?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Red Hare Quote  Post ReplyReply Direct Link To This Post Posted: 11 Mar 2021 at 12:30pm

Stallion Name

Standing at

 2021 Fee
(inc GST)

Pierata

Canungra, Qld

             44,000

Invader

Canungra, Qld

             22,000

Brave Smash (JPN)

Canungra, Qld

             16,500

Divine Prophet

Canungra, Qld

             16,500

Dubious

Canungra, Qld

             13,200

Santos

Canungra, Qld

             13,200

Jukebox

Canungra, Qld

               8,800

Kiss And Make Up

Canungra, Qld

               8,800

Spieth (NZ)

Canungra, Qld

               8,800

The Mission

Canungra, Qld

               8,800

Bellevue Hill

Canungra, Qld

               6,600

Performer

Canungra, Qld

               6,600

Duporth

Canungra, Qld

               4,400

Husson (ARG)

Canungra, Qld

               4,400

Kobayashi

Canungra, Qld

               3,300


** from the Breednet article
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Second Chance Quote  Post ReplyReply Direct Link To This Post Posted: 11 Mar 2021 at 12:37pm
No Lean Mean Machine?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Red Hare Quote  Post ReplyReply Direct Link To This Post Posted: 11 Mar 2021 at 12:55pm
Originally posted by Second Chance Second Chance wrote:

No Lean Mean Machine?
Relocated to Leneva Park.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Second Chance Quote  Post ReplyReply Direct Link To This Post Posted: 11 Mar 2021 at 1:01pm
Thanks.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Glencoe Quote  Post ReplyReply Direct Link To This Post Posted: 11 Mar 2021 at 6:40pm
I would bet on a major reduction of mares in the near future
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