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You’re really not very good with the detail are you Scooby; the clearance rate after day one which is what was discussed in the earlier posts was 66% so I don’t understand why you’re suddenly quoting 60%. The Vendors are all very well aware that there are no guarantees - if they couldn’t tolerate risk they would not be doing what they do. You still haven’t responded to the clearance rate comparison point either. Unless you can provide some evidence that most R2R sales internationally have significantly higher clearance rates the suggestion that this sale was an unmitigated disaster in terms of the clearance rate for day one does not stack up. The final clearance rate is probably going to be over 80% across the two days so your ‘unmitigated disaster’ conclusion is laughable.
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The land will be currently zoned rural and being 2 kilometres from Leamington any developer intending to carve it up for residential subdivision will have their work cut out for them. If you use $50k per hectare as a rough estimate of value, Karreman could reasonably expect realistic offers to be well north of $10m once the buildings and infrastructure are included, so the holding cost for a developer are likely to be at least circa $1m pa if they are using bank debt to fund the purchase. They would then be faced with the prospect of persuading council to rezone the land and obtain resource consent etc.
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By scooby3051 · Posted
Dont think it will be Darley...could be big news coming out soon about Darley...watch this space...... -
By scooby3051 · Posted
Plan B you are kidding they take them to THIS sale to sell not to have a plan B Colin. -
By scooby3051 · Posted
And you think its fine for the poor buggers who dint sell to accept 60% as a good result take of the rose coloured glasses...it was a very patchy ordinary sale for most vendors even some of the normally sale topping vendors...nah mate not good from the word on the street keep on doing the marketing for NZB and wearing your rose coloured glasses. -
By Black Kirrama · Posted
Thanks Scooby.I will contribute $50 as well to your Xmas comp, We could maybe run a RCafe comp on the Ready to Run sale as we did for the Karaka yearlings. But it is very hard to set an end point prize, from this sale that doesnt drag on for years I,e First horse to win a Race, or first Black type winner The two colts that I liked from this week's Ready 2 Run sale. are : Lot 79 Proisir - Miss Vegas colt ($ 650 k HK ) Lot 317 Wooten Bassett - Charmont colt ( $100 k Nick Williams ) he had very indescernable xray issues.Nick doesn't have to worry about syndication disclosure issues, -
Read Denis Ryan’s editorial in the Race Form. The betting figures for the week were exceptional. I guarantee you one thing, no other week in NZ this year, or next will beat them until Cup Week comes around again. Liz xx
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Talking from experience it was hopeless unless you had an Australian sired horse or a Savabeel, YET the NZ bred and reared horses are currently carrying all before them (percent wise) in both Australia and Hong Kong. Something doesn’t add up! P.S. I was involved with a big Contributer gelding who trialled up in 10.99 yet didn’t get a bid. I am lead to believe that there were no issues, but he is big 16.3, so will take time. I guess that it is now us that have to front up with more time, plus the money, but he does remind me of Drum for you old chaps.
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Almost 50%? Come on man, that is borderline innumerate - there is a big difference between 34% and 50%. Do you also believe last year’s day 1 clearance rate at 68% was an unmitigated disaster? For comparison, the Inglis R2R sales for 2023 and 2024 had a Session 1 clearance rate of 57% and 64% respectively. 66% looks rather good in that context, with post auction transactions sure to improve the final rate.
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The Pukekohe fields are outstanding, whether you are trying to pick a winner (or two losers for the competition) 😂
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I’ll test them for the next 10 days. It’s already been empty for 5 days.
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These are my percentages on the potential purchaser: 1) Local person purchasing it lock stock and barrel to continue as a stud farm = 1% 2) Overseas conglomerate to continue (at least initially) as a stud farm = 19% - Darley? 3) Land Banker for realestate development = 80% Cheers all
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Where are these places….computer says No…..
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"Speaking of Guineas winners, there has been interest in the Dick Karreman-owned New Zealand 2000 Guineas winner Savaglee from stud farms. This column was in Christchurch at the weekend for the New Zealand Cup and 1000 Guineas meeting at Riccarton where talk of the substantial offer to buy the Pam Gerard-trained colt swept around the racecourse. It is understood that Karreman, the owner of New Zealand’s The Oaks Stud, has rejected the purported offer which is said to be closer to $10 million than $5 million. Sire sons of Savabeel include the Newhaven Park-based pair Cool Aza Beel and Mo’unga, Waikato Stud’s Noverre and Cambridge Stud’s Embellish as well as The Oaks Stud-based The Chosen One." https://thestraight.com.au/rowe-on-monday-antino-ka-ying-rising-savaglee/
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By say no more · Posted
No need to register - just post your picks on the weekly entry threads as they appear. Over the first 4 weeks we will run a comp using 4 different formats - the four most popular formats from the poll we ran during the last comp. You will earn points each week based on the number of entrants that you finish ahead of that week. eg. if you finish first in a field of 40 you will earn 39 points. If you finish tied with one other for 20th in a field of 40 you will earn 19 points, if you finish last you will earn no points that week .... At the end of the 4 rounds, the 15 entrants with the most points accumulated over the 4 rounds will progress to the Grand Final on 21 December. The entrant who finished first (the minor premier) will get to choose the format for the Grand Final. It will be one of the 4 formats used in the qualifying rounds. Any ties in points accumulated at the end of 4 rounds will be split by dropping your worst score, and if that doesn't split it, then drop your second to worse score, etc...... You can miss a week or more and still have a chance to qualify for the final. Scooby has kindly offered to put up a $100 bet (usual rules) as a prize for the winner of the Grand Final. -
By say no more · Posted
You are required to select two horses, in each of the 12 races, who you believe will get beaten. This is a risk-reward game - the more favoured the runner, the more points you will earn, however if your selection wins you will lose points and lose a life. Scoring - if your runner does not win you will earn points equal to 100 divided by the Tote win dividend, eg. if the tote dividend was $3.50 you will earn 100/3.5 = 28.57 points. If your horse wins you will lose the same number of points you would have earned had it been beaten (ie. 100 /Win dividend) and you will also lose one life. You will have a total of three lives on the day - if you reach three winners you are eliminated from this round. You are not eliminated from the entire 5 week comp but you will limit your ability to earn points in this round. Standings - final standings for the day (and points earned) will be determined firstly by how far you progress, and then by the number of points that you earned across all 12 races. For example if 5 entrants are the first eliminated after say 3 races then they will fill the final 5 placings and be split by points earned (or lost) over the 12 races. If only 12 people make it all the way to the finish they will fill the top 12 placings and be split by points earned. Someone who earns 100 points and is eliminated after 8 races, will finish ahead of someone who earns 200 points and is eliminated after 7 races. Races have been listed in chronological order and will be scored in that order (even if there are delays). Best bets (optional) - over the 12 races you can nominate two as best bet (or should I say worst bet) races - you don't have to use them if you choose not to - again risk & reward. A best bet selection will earn double points for both runners in that race, but will also lose double points if one (or both) of your selections wins. Note, you will only lose one life (not two) if a best bet selection wins. Scratchings - if one or both of your selections is scratched (regular or late) you can replace them up until the posting deadline, otherwise you will earn zero points - you may survive 12 races by picking scratchings but my history with this LGL comps tells me that you are unlikely to win that way (and it's also not much fun). Abandoned races - we need a minimum of 6 races to be run for the results to stand. Any less than 6 and we will re-run the round next week. If you had a best bet in an abandoned that is just the rub of the green. Dead-heats - if one of your picks dead-heats for first, it will count as a winner and you will lose points based on the full win dividend (not the half they pay out) and lose one life. In the highly unlikely event that both of your picks dead heat for 1st you will lose points for both but only lose one life.
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