The Ten Bar Syndicate

TEN BAR SYNDICATE

Thank you for your interest in the Ten Bar Syndicate. Come race time, who knows what the rand will have done, but right now, US$1 000 000 is equal to more than R10 000 000!!

Our focus at the Cape Yearling Sale was to find a group of horses, of which the majority should find the

1400m of the Big Race within their range. We ignored, in the majority of cases, the typical 1000m sprinter as well as the out and out stayer, in our quest to find, at realistic value, the winner of the Big Race, but, we did include one or two sprinters who might not get the 1400m trip.

The reason for that is simply that we want this Syndicate to enjoy this venture and to have some juvenile runners too, as well as some early returns.

We remain excited about this new Syndicate and believe that whilst the big cheque books were thrown at the “big” horses at this sale, we were fortunate to buy “under the radar” a group of horses which met our conformational requirements and also offered something from a pedigree and/or racing perspective, in terms of the achievements of others from the pedigree.

Come on board and join this new, exciting and fun Syndicate with no less than ……..

8 horses aimed at the US$1 000 000 race!

We look forward to welcoming you and to our many winners together.

Louis Lauren





Here are some FAQ on Syndication…..

Q - Do I have to have Colours to join?

A - No, the Syndicate is separately registered. The same applies to existing Colour Holders. The Syndicate is a total, independent new registration.

Q - Who runs the Syndicate?

A - Once all of the shares are placed, the members get together, probably at races and we elect a nominee. The nominee then communicates and liaises between the members.

Q - Who does the paperwork?

A - We do it all for you until your nominee takes over, which by then, is almost 99% complete. All that remains is for the nominee to register the horses.

Q - Do we all get invoiced individually?

A - No, we invoice the nominee who then collects and pays over to us. We copy all invoices to all members, but the Syndicate opens one account, from which to conduct the affairs of the Syndicate.

Q - As a member of the Syndicate, do I get to visit the horses or watch them work etc?

A - Absolutely. That is a very important part of the fun.

Q - Is there a contract?

A - Yes, an in depth contract is drawn up and each Syndicate member signs the contract.

Q - How do I join the Syndicate?

A - Simply contact us and we will send you an invoice for your share and some forms to complete. We do the rest for you.

Q - These horses are yearlings and even the obviously early types won’t run until year end or early next year. What do we do in the meantime?

A - The exciting part is that the Syndicate will have get togethers and suchlike along the way. You get to know people in racing and who knows….. some members may buy a horse in training, for the meantime. Overall, being part of the stable is fun and following the stable runners is also fun and profitable, at times. Many syndicates have a monthly get together at races etc. These you discuss at the Syndicate meeting, when you elect your nominee.

Q - What about Syndicate members from abroad or out of town or who travel often and cannot attend races or meetings of the Syndicate?

A - It’s simple. The nominee receives SMS’s from the yard on the chances of the yard’s runners etc. the member who is not available still enjoys being a part of the Syndicate as the nominee sends progress reports, race plans etc on the horses to the members. And when we get into a race, a big race or THE BIG ONE, that member will surely want to join us …….!

Q - What are the monthly costs per share?

A - All costs, excepting emergencies, are included up until end April. On 25th May 2014, the Syndicate

is invoiced for May and monthly thereafter. The horses remain on spelling rates until they get to pre-race conditioning (track work), which should be at end June. (Pieinthesky will stay in spelling until year end). Once any horse has its starting stall certificate, it is then on full training fees.

BASIC RATES

A 5% share costs the following in monthly basic rates:- * Spelling fees- R210 per horse, totatalling R1680 pm, excl. VAT.

* Pre-race conditioning- R265 per horse, totatalling R2120 pm, excl. VAT.

* Full training fees- R300 per horse, totatalling R2400 pm, excl. VAT.

Extras such as shoeing, deworming and vaccinations are not included in the above, nor nomination costs etc when racing.

We would estimate an “all in” figure, per 5% share in the 8 horses as follows:- * Spelling fees- R1880 pm, per share, excl. VAT.

* Pre-race conditioning- R2360 pm, per share, excl. VAT.

* Full training fees- R2680 pm, per share, excl. VAT.

Q - Do you have a set pricing structure from which the aforementioned is calculated?

A - Yes, we have a rates sheet and will gladly mail such to yourself upon request.

The 5% share is that for all 8 horses? If Louis managed to get 8 horses for around R650k then that is great going at this sale. (tu)

Sorry Bob, started typing before your last post.

Superb idea (tu)

Can be sure for certain , but last I heard there was 9 shares available

Lt 109 Seattle Breeze looks racy....

Well done Louis ,on what looks like a superb bunch of horses at really good prices .
You have a very good eye .

Just 1 question please ,Why 7 filly's and 1 colt ?
Surely 4 filly's and 4 colts would have been better ?

gg, 4 colts and 4 fillies would definitely have been a lot more expensive. We worked towards a balance between our specific conformation choices/preferences and value. We believe that we know what type of horse suits us. All we had to find was value from our approved list.

As far as fillies go, we did all right with the likes of Winning Ways, Waywest Goddess, Variometer, Negev, Moggytwoshoes, etc and the R2R cup seems to be a great leveller for filles every year. Just like the R2R cup is restricted to the Gauteng R2R Sales graduates, the US $1M Cape race is restricted to graduates of Cape Sales.

Also,the 8 horses represent a balance, in that there are some which will come early, thus getting tne Syndicate racing much earlier than if they were all classic types, waiting to run at 3.

Ultimately, R32600 odd rand to get into a syndicate with 8 horses which were carefully selected, is a great opportunity, on its own.When the eligibility to qualify for Africa's only 1 million US dollar race is included, it is a great opportunity.

Isnt this worth the ride and the dream?

Very well doing LGRS. This is great for racing and sure gets race lovers of the sidelines and into the scrum! All the best.

louisg Wrote:

---

> gg, 4 colts and 4 fillies would definitely have
> been a lot more expensive. We worked towards a
> balance between our specific conformation
> choices/preferences and value. We believe that we
> know what type of horse suits us. All we had to
> find was value from our approved list.
>
> As far as fillies go, we did all right with the
> likes of Winning Ways, Waywest Goddess,
> Variometer, Negev, Moggytwoshoes, etc and the R2R
> cup seems to be a great leveller for filles every
> year. Just like the R2R cup is restricted to the
> Gauteng R2R Sales graduates, the US $1M Cape race
> is restricted to graduates of Cape Sales.
>
> Also,the 8 horses represent a balance, in that
> there are some which will come early, thus getting
> tne Syndicate racing much earlier than if they
> were all classic types, waiting to run at 3.
>
> Ultimately, R32600 odd rand to get into a
> syndicate with 8 horses which were carefully
> selected, is a great opportunity, on its own.When
> the eligibility to qualify for Africa's only 1
> million US dollar race is included, it is a great
> opportunity.
>
> Isnt this worth the ride and the dream?

please check pm thanx

Very nice LG. If only you were based in DBN

HI louis i am very interested but i am based at durban how would i do buisness