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Not questioning your right -or anyone else's right as a micro-owner -to do what you like with your money, just curious to know how the horse's future is determined - assuming there's a block or single owner with 51% controlling its destiny. I note in the Frac 'prospectus' that broodmare rights/future is yet to be determined. I think Te Akau' s policy is that females must be sold at the end of their racing careers to avoid the misery of protracted disputes/legal action etc. Has your HY filly got a name yet, Pete?
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Going well isn’t it ? The New York Times U.S. stocks nose-dived after Trump’s tariffs rollout Wall Street tumbled to its worst day since the pandemic yesterday in response to President Trump’s major round of tariffs on U.S. imports, as countries reeling from the blow weighed countermeasures. Stocks in Asia and Europe also fell. Some European leaders vowed to retaliate after Trump slapped a 20 percent tariff on the E.U. “If you take on one of us, you take on all of us,” Ursula von der Leyen, the European Commission president, said. Here’s the latest. China, which faces a new 34 percent tariff on top of the blanket import tax imposed earlier this year, vowed to respond to “safeguard its own rights and interests.” Britain said that negotiations with the U.S. would continue. The S&P 500 fell 4.8 percent, its worst drop since June 2020, at the height of the coronavirus pandemic. The reaction suggested that the scale of the tariffs had come as a surprise. Apple led a tech sell-off, falling about 9 percent. Source: FactSet • By The New York Times Reactions: Prime Minister Mark Carney said that Canada introduced a 25 percent tariff on cars and trucks and called for a new global trading order without the U.S. President Claudia Sheinbaum of Mexico announced plans to increase domestic production of food, energy, textiles and other items in a bid to blunt the impact of tariffs. France’s president, Emmanuel Macron, called on European companies to suspend all investments in the U.S. “until things have been clarified.” Asia hard hit: The punishing tariffs on Vietnam, Cambodia, Thailand and others in the region threaten their position as manufacturing hubs for the U.S. market and an alternative to China. Trump’s tariffs also hit garment makers in Bangladesh and Sri Lanka hard. See which countries have the highest tariff rates. Vehicles: New tariffs of 25 percent on all automobiles made outside the U.S. took effect yesterday. Trump said the tariffs would encourage investment in U.S. factories, but analysts said car buyers would end up paying more. Here’s what else to know about the tariffs.
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By Hedley Jordan · Posted
https://www.facebook.com/reel/398475672902817 Gary Brecka on B12 -
Never interested but you know its a big skim. Wouldnt go near as quoted sbove.
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By Hedley Jordan · Posted
https://www.facebook.com/reel/452222763896143 Twin Towers -
By Harry Newshound · Posted
Reigning Eclipse champion turf female Moira and three-time North American grade 1 winner Anisette are set to make their seasonal debuts April 5, but they'll do so south of the Equator in the Doncaster Mile (G1) at Randwick Racecourse.View the full article -
NZTR Statement on Animal Welfare Charges New Zealand Thoroughbred Racing (NZTR) acknowledges the decision today of the Racing Integrity Board’s (RIB’s) Adjudicative Committee regarding Mr John Malcolm and fully supports the decisive action taken against anyone who mistreats animals. NZTR does not tolerate any behaviour whatsoever that compromises animal welfare. At an early stage of the RIB’s investigation last year, both Mr John Malcolm and Mrs Rachel Malcolm’s licences were immediately suspended by NZTR, pending the outcome of the adjudicative process. In today’s decision related to Mr John Malcolm, the penalty determined by the Adjudicative Committee for four serious racing offences and seven breaches of welfare standards is a lifetime disqualification from any involvement in the Thoroughbred industry. NZTR Chief Executive Matt Ballesty confirmed support for the decision. “NZTR fully supports this outcome and remains committed to upholding the highest standards of care and treatment for Thoroughbred horses. We have zero tolerance towards any actions that compromise their wellbeing.” “The decision regarding Mr John Malcolm sends a clear message that animal welfare is paramount in our industry, and we fully support the outcome.” NZTR will continue to enforce strict standards to ensure the safety and wellbeing of all horses within the industry.
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By Hedley Jordan · Posted
https://www.facebook.com/watch/?v=648820811228011 Dr. Eric Berg DC -
By Canterbury Man · Posted
Geez some people complain about one stable but their fees pale in comparison to this FRAC Club. They whip out 10% of the net stakes AFTER Trainer and Jockey percentages so that leaves 74% of the stake for the FRAC and majority shareholders. Then they take 10% of the sale price at the end of racing AND if applicable a breeding right. The trainer doesn't seem to get anything from the sale. The FRAC club only owns 40% of the horse and if you multiply the 2,250 x $260 =$463,000 for 2 years (or less). Wow I'd say the 60% owners are getting a free ride! -
By sunlineboy · Posted
The Frac 1 syndicate won with Zormella at Te Aroha last week, and given the massive betting plunge, I'm guessing the 5000 owners jumped on. -
By Uriah Heap · Posted
I saw Norfolk Islands on the list. 29% tariffs. Head punch, upper cut, 👊 there you go Norfolk Islands, take that you little fucka. That's what you get for trying to rip off the mighty United States of America. "USA, USA, USA, USA USA... " -
J see some took it up, other mares were on gavelhouse recently
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Cut out the middle man. Go straight to a trainer. Most will accommodate you even if you only have a limited budget.
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To each his own. Some will see it as fun while others are getting royally fracked.
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