Murray Fish Posted 3 hours ago Share Posted 3 hours ago 1 hour ago, Chief Stipe said: Those metricd were influenced by Wesrburys decision to put their lots on the market with no reserve. correct to say not a great sale for them? i note in the lead up Cambridge Stud sad they were not going to have reserve prices, but didn't. Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted 3 hours ago Share Posted 3 hours ago 37 minutes ago, Murray Fish said: correct to say not a great sale for them? Depends what their objective was. They've cleared a lot of yearlings off their property so don't have to carry them anymore nor spend hours trying to sell or place them somewhere else. Perhaps they have a new strategy - Studs that have been round for a long time have quite a ruthless approach to culling non-performing or marketable stock. They aren't emotionally attached! Also many overlook the cost structure for a stud. The largely own all their assets, put their own mares to their own stallions and have bloodstock taxation write off's. So the sales margin for them is a lot different to Joe Breeder in Taihape. 1 Quote Link to comment Share on other sites More sharing options...
Murray Fish Posted 9 minutes ago Share Posted 9 minutes ago 2 hours ago, Chief Stipe said: Depends what their objective was. I think you might have reflected well on Wes... 2 hours ago, Chief Stipe said: and have bloodstock taxation write off's. lol, it would make interesting reading to see that sort of stuff!! ps, the old 'vanity project' is often at play in the modern world of horse racing! Quote Link to comment Share on other sites More sharing options...
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