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Bit Of A Yarn

Wee Willie Winky


Fred

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Was sure busy at the sales last night -bought 12 of the 70 sold. If he keeps up that rate it would be 80 odd from the first session. Perhaps he thought there was value early on. Most notable was the absence of many Australian trainers that used to feature.

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13 minutes ago, Chief Stipe said:

It was an honest question.  I haven't been following the sales too busy trying to fight fires elsewhere.

If you made that comment elsewhere to a Chief Stipe you would be out for 20 riding days.

Hi Chief,

David Ellis is the person being referred to.

Cheers.

Robert.

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1 hour ago, Chief Stipe said:

Sorry excuse my ignorance who is Wee Willie Winkie?

Te Akau's  David EllisThe nick name of course comes from his style of bidding -winking at the auctioneer rather than waving a catalogue or putting a hand up. 

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4 hours ago, Vanturk said:

the industry needs him .

Not really. The industry needs a major Syndicator/Training establishment. If Te Akau was to close up shop tomorrow, NZB and the big stud(s) would simply do another deal with someone and set up a new Syndicator/Training establishment.

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4 hours ago, Brando said:

Not really. The industry needs a major Syndicator/Training establishment. If Te Akau was to close up shop tomorrow, NZB and the big stud(s) would simply do another deal with someone and set up a new Syndicator/Training establishment.

are you serious or you taking the piss?

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My question for Yarners....

can someone actually provide me with the economic rationale behind the huge purchases (amount paid and volume of horses) by Te Akau at Karaka? 

I totally get it if we’re talking about racing for Australian prizemoney but to spend huge amounts when the base race is worth $10k,  doesn’t add up?  

Would be keen to know people’s theories.  Star Thoroughbreds, Triple Crown and Darby Racing have had great results  but you don’t see them spending gazillions...

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Can't you work it out for yourself? NZ Bloodstock are financing him. The vendors of the horses he buys are paid by NZ Bloodstock. He doesn't pay NZB until the horses are all sold on into syndicates. I thought that was obvious. Lets see NZ Bloodstock deny it.

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1 hour ago, MaltedMilkshake said:

Oh yes, I can work it out but the NZB support was not the initial direction of my question...I think it goes a lot further than just NZB... it good point...

I have my own thoughts but I’m interested to know what other Yarners theories are because at face value, there is no economic sense to the endless purchases.

Haven't you noticed there is not a lot of economic sense in any investment in racing whether it be $1.4m for a Savabeel or $1 a place on some nag at Warracknabeel?

we do it(each to his own scale) because we are positive/hopeful about the likelihood of success.

Like him or hate him David will have confidence he can place every one of those animals and with the big prices probably has them sold before the hammer falls(the vendor studs will retain shares in at least some I imagine).  If nobody wanted to take a risk there wouldn't be a racing game would there? 

In my limited dealings with him he was always a pleasure to deal with and so was Karyn.  Mind you I had a share in a $46k one not a $1.4m job.

 

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