drewandjo 129 Report post Posted January 28, 2019 37 minutes ago, Red Rum said: Some of those yearling later in week could go for lower than float fee to Karaka. go to any sale anywhere in the world and you get the same result...…. Red Rum 1 Quote Share this post Link to post Share on other sites More sharing options...
Ohokaman 5,825 Report post Posted January 28, 2019 2 hours ago, chevy86 said: Well Scooby it is in the racing mafia's interest to have it on TV! It is not there for any altruistic reasons, it is a business decision and besides it gives polis (Peters, Collins, Bennet all spotted there today) a chance to ponce around, eat and drink at other's expense, and pretend they are interested in the welfare of the racing community. It is basically a wank-fest for a privileged local few who trade amongst themselves, probably pay no sales commissions, and get dribbled over by Rodley, KFE and the other sycophants.( Would love the consummate professional Sheldon Murtha to be fronting the telecast) Why was Leo not sought out after his purchases so that he could drop a few expletives on how he outbid the hierarchy? JMO also. BTW, the true heart of the Sales will be Books 2 &3 where the toilers of racing will present their stock who have been excluded from Book One, not because of conformation, pedigree or honest endeavour, but because they are not considered part of racing royalty. PS-interesting that out of nearly 300 Lots, only 17 went to HK, 4 to Singapore and 1 to China. Must be a massive increase in local stakes coming. They will be checking Chevy..... https://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=12152208 Quote Share this post Link to post Share on other sites More sharing options...
chevy86 2,704 Report post Posted January 28, 2019 4 minutes ago, drewandjo said: so tell us all how "the system works"...….who is this "mafia"...…...and I agree robust debate is good - what I don't like is bullshit negative statements with no facts to back them up Well start with the bidding. As I have said previously it is absolutely amazing that on "passed in" lots the last bid is only one bid short of the reserve! I heard 2 "vendor" bids today but otherwise nearly ALL the passed in lots were run up to just under the reserve. Not always, but nearly always, those unsold lots are run through with a host of dummy bids. Pay attention, and you will see the process in action. Chris Wood, Swoopa and gubellini 2 1 Quote Share this post Link to post Share on other sites More sharing options...
chevy86 2,704 Report post Posted January 28, 2019 3 minutes ago, Ohokaman said: They will be checking Chevy..... https://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=12152208 Well O'man, obviously none of the proletariat will be able to afford a "good-looking" horse so the upper echelon win again.Mind you none of those politicians would qualify for a "looks" rebate either! Quote Share this post Link to post Share on other sites More sharing options...
Red Rum 1,833 Report post Posted January 28, 2019 23 minutes ago, drewandjo said: go to any sale anywhere in the world and you get the same result...…. Good point Quote Share this post Link to post Share on other sites More sharing options...
chevy86 2,704 Report post Posted January 28, 2019 Now here's a proposition--how about sending out around the complex, visiting the barns, hospitality tents, and lawn areas, a spirited, fun-loving, knowledgable individual such as Sam Spratt (with accompanying cameraman) to interview random attendees and get the true mood of the occasion rather than listening to the hackneyed, suck-up interviews with Walls, Plumtree, and other NZB affiliates. There are many people who cannot get to Karaka and all they see is the Sales ring-they have no appreciation of the spectacular setup and behind the scenes interactions. Huey and ivanthegreat 2 Quote Share this post Link to post Share on other sites More sharing options...
scooby3051 10,868 Report post Posted January 28, 2019 53 minutes ago, chevy86 said: Well start with the bidding. As I have said previously it is absolutely amazing that on "passed in" lots the last bid is only one bid short of the reserve! I heard 2 "vendor" bids today but otherwise nearly ALL the passed in lots were run up to just under the reserve. Not always, but nearly always, those unsold lots are run through with a host of dummy bids. Pay attention, and you will see the process in action. So what is wrong with a owner of a horse putting a reserve on it for what he thinks its worth...I see no issue at all with that you put your price on it if it matches you buy it if not nobody loses...I dont see your point??? drewandjo 1 Quote Share this post Link to post Share on other sites More sharing options...
Stables 577 Report post Posted January 28, 2019 Under the rules of the sale, unfortunately the vendor loses because he has to pay NZ Bloodstock a 10% fee on the passed in value. So NZ Bloodstock still get the same money as they would have if the horse had been sold Quote Share this post Link to post Share on other sites More sharing options...
chevy86 2,704 Report post Posted January 28, 2019 7 hours ago, scooby3051 said: So what is wrong with a owner of a horse putting a reserve on it for what he thinks its worth...I see no issue at all with that you put your price on it if it matches you buy it if not nobody loses...I dont see your point??? Have your reserve by all means.The point is that ALL vendor bids should be declared and in most of the cases at Karaka I would suggest that there is little or no interest in the passed in lots from genuine bidders. The point then being that it is an integrity issue.IMO ivanthegreat, Pam Robson, bloke and 1 other 4 Quote Share this post Link to post Share on other sites More sharing options...
Fartoomuch 1,376 Report post Posted January 28, 2019 12 hours ago, Charlie Bukowski said: Is KFE even on , are you sure you aren't bagging Caroline Searcy ? She was definitely on and waffling as usual Quote Share this post Link to post Share on other sites More sharing options...
Fartoomuch 1,376 Report post Posted January 28, 2019 11 hours ago, scooby3051 said: I think you are being to narrow minded...like it or lump it without TA the industry would be in a heap of trouble...much more than it is...and them and any other brave enough to cough up big money in NZ deserves to be congratulated not criticised. As for the old boys club you are wrong there too, sure the big studs may have a little pull to get a borderline horse in, but other than that Andrew Seabrook runs a good operation...the old days are gone. This old K1 book is now a mix of both K1 and 2... good on NZB for trying something new... and the reason why not many Chinese here its Chinese New Year so nobody wants to travel away from their families at this time...or very few anyway...poor timing of the sale if you ask me...but just my opinion. Agree with you about how good the game would be without TA but anyone else delve deeper into this sale. NSW buyers very quiet by there standards.No Gai,O'Shea,Lees Martin, and no China Horse Club thusfar Quote Share this post Link to post Share on other sites More sharing options...
gubellini 3,995 Report post Posted January 28, 2019 Book 1- Yearlings bred for the Sale Ring. Books 2 and 3- Yearlings bred for the racecourse. A significant percentage of these Book I “blue bloods” will not see a racecourse let alone win decent races. Baz (NZ) 1 Quote Share this post Link to post Share on other sites More sharing options...
Newmarket RC 209 Report post Posted January 28, 2019 59 minutes ago, gubellini said: Book 1- Yearlings bred for the Sale Ring. Books 2 and 3- Yearlings bred for the racecourse. A significant percentage of these Book I “blue bloods” will not see a racecourse let alone win decent races. I think that is the same at any sale Gubellini. If i was NZB or a Vendor i would be disappointed thus far. Median of 100K and clearance rate below 80% for your premium sale. Compare it to recent MM on Gold Coast Clearance 89.3% and Median 170K chevy86 1 Quote Share this post Link to post Share on other sites More sharing options...
Chris Wood 1,576 Report post Posted January 28, 2019 Most of it comes back to one thing, there is no domestic product. All the promises in the world to say we will be going ahead in August with stake increases etc. They have borrowed money to prop up our current stake levels, please tell me where the next increase is coming from? Funnily enough, every prediction that Leo has come out with is coming home to roost! dock leaf, Swoopa, Aaron Bidlake and 7 others 10 Quote Share this post Link to post Share on other sites More sharing options...
Fartoomuch 1,376 Report post Posted January 28, 2019 Was told 12 months ago that Singapore was not travelling that well and now we see next to no interest from them to buy yearlings. Perhaps a case of preferring to buy tried stock. or RTR Quote Share this post Link to post Share on other sites More sharing options...
scooby3051 10,868 Report post Posted January 28, 2019 Singapore is in trouble as the casino has taken a lot of the spare cash away, not going well like before. Quote Share this post Link to post Share on other sites More sharing options...
chevy86 2,704 Report post Posted January 28, 2019 19 minutes ago, scooby3051 said: Singapore is in trouble as the casino has taken a lot of the spare cash away, not going well like before. Our incredibly talented Minister of Foreign Affairs( and Racing as a sideline) obviously needs to pay them a visit and do a report. scooby3051 1 Quote Share this post Link to post Share on other sites More sharing options...
scooby3051 10,868 Report post Posted January 28, 2019 What a great result...makes all the hard work worthwhile....Congrats to everyone involved... Breeder and Virtual.Stipe 2 Quote Share this post Link to post Share on other sites More sharing options...
Virtual.Stipe 34 Report post Posted January 28, 2019 2 hours ago, Newmarket RC said: I think that is the same at any sale Gubellini. If i was NZB or a Vendor i would be disappointed thus far. Median of 100K and clearance rate below 80% for your premium sale. Compare it to recent MM on Gold Coast Clearance 89.3% and Median 170K Australians statistically make up 60ish% of the Book 1 market. The problem nowadays; is that Australian racing just isn't programmed for the NZ bred. Savabeel who is proven to the Aussie market at all ages and distances has sold well as expected. I am positively optimistic, for vendors with progeny by other NZ based sires, for the remainder of the sale. Quote Share this post Link to post Share on other sites More sharing options...
Fartoomuch 1,376 Report post Posted January 28, 2019 29 minutes ago, Virtual.Stipe said: Australians statistically make up 60ish% of the Book 1 market. The problem nowadays; is that Australian racing just isn't programmed for the NZ bred. Savabeel who is proven to the Aussie market at all ages and distances has sold well as expected. I am positively optimistic, for vendors with progeny by other NZ based sires, for the remainder of the sale. Im with Newmarket, its not a very good sale if you look at the stats. The number of NSW trainers and Syndicators who are not buying must be of concern to all parties. No , Snowdens.Hawkes,Portelli,Ryan,Cummings Freedman or Harron,Star, Bester Quote Share this post Link to post Share on other sites More sharing options...
Virtual.Stipe 34 Report post Posted January 28, 2019 Just now, Fartoomuch said: Im with Newmarket, its not a very good sale if you look at the stats. The number of NSW trainers and Syndicators who are not buying must be of concern to all parties. No , Snowdens.Hawkes,Portelli,Ryan,Cummings Freedman or Harron,Star or Bester. Totally agree. You can't sugar coat or spin the numbers from the first 2 sessions. Hence I was being "positively optimistic" for the vendors with yearlings to still go through the ring Quote Share this post Link to post Share on other sites More sharing options...
Fartoomuch 1,376 Report post Posted January 28, 2019 1 hour ago, scooby3051 said: Singapore is in trouble as the casino has taken a lot of the spare cash away, not going well like before. Things are not helped by the states gambling laws, nobody under 18 can enter Kranji course, not even to just watch races without betting. Thats policy combined with Casino is a one way ticket downwards Quote Share this post Link to post Share on other sites More sharing options...
scooby3051 10,868 Report post Posted January 28, 2019 9 minutes ago, Fartoomuch said: Things are not helped by the states gambling laws, nobody under 18 can enter Kranji course, not even to just watch races without betting. Thats policy combined with Casino is a one way ticket downwards Its always been that way though... Quote Share this post Link to post Share on other sites More sharing options...
Fartoomuch 1,376 Report post Posted January 28, 2019 24 minutes ago, scooby3051 said: Its always been that way though... Correct, but as a few have told them , open the gates to younger people or else we are all going no where. Quote Share this post Link to post Share on other sites More sharing options...
chevy86 2,704 Report post Posted January 29, 2019 15 hours ago, chevy86 said: Well start with the bidding. As I have said previously it is absolutely amazing that on "passed in" lots the last bid is only one bid short of the reserve! I heard 2 "vendor" bids today but otherwise nearly ALL the passed in lots were run up to just under the reserve. Not always, but nearly always, those unsold lots are run through with a host of dummy bids. Pay attention, and you will see the process in action. To substantiate my case! Lot 373 (Savabeel/Saoirse) -- Bid up to 190K ( you guessed it, reserve 200K) and passed in . Vendor rep on hand at the door so would you not think that if the 190K was a genuine bid the pragmatic/sensible/realistic/ ONLY decision would be to take the 190K! Deceptive practice abounds but always, caveat emptor. Quote Share this post Link to post Share on other sites More sharing options...
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