Brodie

Great to see result, money not going the same way as normal, worth celebrating!

CGT will not be in! No way that they will get back into government if one is brought in on property, shares, KiwiSaver etc. Affects everyone who works and anyone with half a brain can work out that this socialist bunch are an absolute nightmare that has no idea of being able to run a country.

We were told,that a punter had 8k on at $2.20! Seems like a lot to put on drawn the second row with MM on nowadays. Yes, poor drive, punter will be spewing as Wainui Creek was c,early the best horse Iin The race, MM should’ve moved at the 1200m and got into the race, as no show at Auckland sitting back.

Not abuse Ranga, stating fact as usual! I asked if someone could provide the costing from service fee to the sales ring!!!!! You are just here to try and have Brodie on, which gets rather tedious so I made a suggestion!

Let’s stop people wanting to be on welfare and make it harder to live on it so they want to work. Many get more for doing nothing than what many get from working, which is blatantly wrong. We need to change this generational welfare BS now, but this lot in power will only make things worse! They have no idea on how to run anythinG Shane Jones giving out millions to business’s that Banks won’t lend to, so that is saying something! Unbeleivable bunch ofxxxxx.

Landlords pay tax on their rental income surplus just like any business. If they sell a property and makes money then they normally reinvest in another property. The fact this this loser government wants to hammer landlords in this country is going to come back to bite them. The coalition government has not got anyone with any business success whatsoever and it clearly shows. They are going to be booted out big time next election as they are totally incompetent. As for CGT it is a dead duck, just like their KiwiBuild!

FFS Ranga, you are an absolute plonker of the highest degree! Go play on the road!!

JJ you need to change your name, as you are not flash, quite the opposite! You are on this Premier site to cause trouble anyone can see that as well as Ranga! Brodie is on the money with his comments, to be fair NZSB and NZBS can be easily misread as I thought it was the sales firm putting their point of view across. Brads posting was extremely good and it would be great if we could have his,postings instead of yours!!!! If that is the best you can come up with JJ then you might as well crawl back under your rock on the Darkside!

Breeders have to be an optimistic lot dont they? What I do know is that the standard of mares being accepted into the sales has improved greatly over the years, although it is not that hard to get black print nowadays with the speed horses are going! Plenty of races to win and 2.0 min mile rates are so easy to get! Government guaranteed term deposit? That sounds like like exciting investing, far better things to invest in Ranga!

Great to have your reply Brad, appreciated! Look, I am rapt that you are now holding the sale and by your account and some vendors it was a success! I hope the sale goes from strength for your company and the owners and trainers of harness racing! If the vendors are happy then that is what matters, and hopefully the buyers get plenty of wins from their buys. I have no personal vendetta and financial interest in the sales, and I follow them with interest and have bought from the sales previously. What I do know that there are vendors that I know that have lost money On their yearlings and are considering breeding from their mares going forward. Is breeding horses a profitable exercise in most cases, no, or more people would be doing it! Keep up the good work!

You can’t have Hunter, everything was selling for good prices???

One for you Ranga, Dick Head!!!!

If you are happy with the sales results then good on you! If it is not all about the money then keep onbreeding as we need breeders to keep the industry going! If you are more interested in investing that is guaranteed without any risk there are far better ways!,, Brodie, always on the money !,

Of course the major ones were happy because they prob didn’t pay the full Service fees like the average breeder! Anyway no point debating with you!

Look, as I say if everyone is happy about the sales that is great. Have spoken to a few people and who were there and yes there were some excellent results but also not so good. The fact is that 30k is Bettors Delight’s service fee at the moment and there will be many that sold yearlings this year that will be questioning the rationale of spending that money to be lucky to get that back! You need to look at the bottom line of is there any profit for the average breeder nowadays! I would say that with a median of $30k there would be next to nothing for the average breeder! You can say what you want about Brodie, but he does say it the way it is! No I don’t breed horses nowadays, not worth my while and that is why I have been financially successful because I know what is a great investment and what is not!! Breeding harness horses is not a profitable business for almost all Involved!

JJ, it is great that you think the sale was successful for the breeders, which means that the buyers will not be as happy! Seem you are this expert about sales yearlings can you kindly itemise the costs from the service fee, grazing and feeding, preparation costs and sales costs for a Bettors Delight yearliNg for the sales!

Nowornever, not a negative spin at all! If the vendors are happy with what they achieved then I am pleased for them! If the vendors are happy to take home their yearlings That didn’t meet Reserve then that is great to. Median at 30k not that flash I would have thought Seem Bettors Delight stands at 30k and he dominated the no.s. There were a lot of Bettors Delight’s that didn’t get the service fee so how that is successful I am unsure! Does anyone know what the cost would have been up to the time the yearling sells including sales costs? Anyway, it the vendors Bank are happy with the result, then that is what matters most isn’t it? Hopefully the Sales Series goes from strength to strength.

Christchurch second day sale I haven’t looked at the average or median yet, but did watch some of the live broadcast on the Webb until it broke down and kept going back to the same lot that sold. Yes there were some quite big sales which were bought by the normal big players! Yes there were too many Bettors Delight in the sale, and yes I know he is what buyers tend to be looking for but does mean that vendors do need a lot of money to cover their costs including the 30k service fee. There seemed to be many Bettors Delight That did not achieve their service fee, so vendors would be disappointed. The vendors that got plenty of course will be happy. As I have said I want the Sales series to be a huge success, and some will say it was! Call me negative call me what you like, but overall I believe that there will be many breeders who will be seriously considering whether it is worth the expenses of breeding in the future! You can not just go on averages, you need to look at the median and compare that to what it costs to breed a yearling to the sales stage to see if there is any profit in it! There were also quite a few vendors who had horses passed in as well that obviously didn’t achieve the price that they needed for their yearling!

Watched some of the sales in ChCh this afternoon of the trotters. Havent seen the average or median stats yet, but seemed like a bit of a struggle like in Auckland However I am sure a rosey picture will be posted. The pacers come up for auction tomorrow being Wednesday. Seems like a strong catalogue of pacers and is going to be very interesting to see if there are enough buyers willing to put their hands up and pay big money that most vendors are needing to cover their costs. There will be some happy vendors and some very disappointed ones, and hopefully most are happy for the good of our industry. Never have I ever seen a sale catalogue so dominated by 2 stallions, Bettors Delight and Art Major and between the 2 of them they have produced well over 50% of the catalogue! With Bettors Delight service fee being close to 30k most will need to bring 50k minimum to cover costs I would’ve thought, but no doubt someone will tell me that I am wrong!!

JJ Flash, if you think it was a great sale then that is fine, but bear in mind that you were not a vendor as far as I know! Have spoken to a couple of people who were at the sales and they said it was a very good sale! For the buyers! You need to put things into perspective when it comes to profit for the vendors, not just sale prices! Anyway can’t be bothered arguing over something like this as no point, and there are going to be winners and losers! Just know that there are far easier ways to make good money without the risk!!!!

Flash, I am pleased that you think the sales went great, doesn’t affect me one iota! Hope ChCh sales goes great as well! Think you need to look at it with more open eyes though as to whether it is profitable to be breeding nowadays for sale! Of course some of the bigger vendors have done ok and I am pleased for them! Some vendors have lost quite a lot of money and others have still got their horses as they didn’t achieve the reserve. Cant be bothered discussing something with you when you are totally blinded!

You are “The Riddler” Brodie tells it the way it is, Riddler, I mean Ranga! They are hardly going to come out and say it was a crap sale and Pynes would have done it far better are they? Look, I hope it was a very successful sale, we need that and other things to go our way! Looking at the sales, it doesn’t really appear that way, although you will always have a different opinion! 100 sales is not a large no. for Karaka, in fact very small no. Many years ago didn’t Karaka have 2 days and well over 250 sales? Yes the big spenders are taking home the pick of the yearlings and paid sizeable amounts for them as they always do! The Rest that were sold and not passed in, hardly sets the world on fire and many will breed again this year, despite not making a profit. There were some Bettors Delights that didn’t bring the service fee!!!!! Anyway, proof will be over the next couple of years sales won’t it Ranga? Hope the sale at Addington is a success!

The median was $34,000 for the 100 sold. There were 36 Bettors Delights and that service fee is$30k approx. That tends to paint a different picture doesn’t it? I would love people to be able to breed horses and be able to put them in the yearling sales and make a profit, as we certainly need people to be breeding horses to enable our harness industry to thrive. Must admit that thebreeders are certainly breeding from far better mares than what they used to. The poorly bred or non black print mares just aren’t at the sales like they used to be, so we would expect averages and medians to be increasing and bearing in mind that many weren’t sold.

As I said previously of course they are going to say that they were pleased with the sale, as it is their first one and they want positivity. There were quite a few passed in and only 100 sold! BEar in mind that a lot of them were Bettors Delight that stands at 30k approx. many were struggling to get much more than service fee and many vendors would have lost money on the exercise. Yes there were some 100k plus sales for the top lots which obviously raises the average price when there are only 100 sold! There were not very many active buyers there either, just the regular ones which will syndicate the horses. Doubt there were very many individuals buying to race going by the results! You can put any spin on the sales results and if the vendors are happy then good on them. If you go thru the results carefully you will notice that there are some reasonably big sales but the mid range sales are pretty mediocre bearing in mind that the no. sold at Karaka is down on previous years. From these results I am sure that many vendors will not bother breeding this coming year if they have little chance of making money especially when you need to shell out 30k for a service fee. Personally far easier ways to make money than breeding standardbred horses! Take away the Woodlands Stud and Breckon Farms horses and there were probably only 50 or so horses sold without working it out accurately,

XBearing in mind that Bettors Delight stands at about 30k with gst there is nothing in it breeding to sell nowadays, Racing wise unless you are in the top stables then you are on a loser racing wise but some still do it for the fun! Not many there and next to no one close to the end if the day! Im sure that NZ Bloodstock will paint a rosey picture but really with the amount of money meant to be in Auckland and the stake money on offer up there, you wouldn’t say it was that buoyant ! Without Breckon Farm and Woodlands stud providing over 40% of the catalogue, the sale would possibly not take place, so hopefully they are happy with the result. Hope ChCh sale does well!