CTS April Yearling Sale 2018

gee lots passing through without a bid at 20k -

Eish this is carnage

At these rates the Kimberley trainers could have got some cheap stock

Bob Brogan wrote: At these rates the Kimberley trainers could have got some cheap stock

This sale was always going to be as such. We all know in the past that prices were inflated , a prime example being a Breeder who in 2017 sells a horse for lets say R400k . The same breeder puts the sibling on this sale and gets R50k , there are many examples of this. What makes good reading is the SP Buyers Guide - Go through it , see how many Stakes winners or placed horses are on this sale , see the price fluctuation , and the return on investments of those horses prurchased in the passed related to the horses on sale.

www.sportingpost.co.za/wp-content/upload...s-guide-1.pdf?x92333

Pure Example

#272 COUNT THE CASH Western Winter 83/68/-/-/-

2013 Gratuity f Dynasty R - 700k bk1 (SI 1.12)
2014 Bank On It f Var R - 600k bk2 (SI 5.62)
2015 Counter Fate f Master Of My Fate 200k bk1 (SI 0.30)
2016 Hot Money f Master Of My Fate

R 65 000 and they battled to get that much.

Payback is a Bi.ch sorry Aventuur

This filly really did not look anything like the quality of a Gratuity, Warren. I failed her on my list. So, the price is no surprise to me.

louisg wrote: This filly really did not look anything like the quality of a Gratuity, Warren. I failed her on my list. So, the price is no surprise to me.

Thank You it is just an example. I am just going on the book not the specimen

louisg wrote: This filly really did not look anything like the quality of a Gratuity, Warren. I failed her on my list. So, the price is no surprise to me.

Also remember Gratuaty was a Dynasty

I am matching filly for filly and both out of the same stallion Master of my Fate

Summary

Total Withdrawn 55 16,03%
Total Not Sold 80 23,32%
Total Sold 208 60,64%
Total Horses 343

CATALOGUED 343

OFFERED 289

SOLD 208

AGGREGATE R20,335,000

AVERAGE R97,764

MEDIAN R60,000

If you take the two sales results in 2017 - and compare them to 2018

These are the 2017 Results

CATALOGUED 416
OFFERED 387
SOLD 332
AGGREGATE R57 545,00
AVERAGE R397 084,00
MEDIAN R225 000,00

Difference

416 - 343 = 73
387 - 289 = 98
332 - 208 = 124
57545 -20335 = 37210
397 084 - 97 764 = R 299 320
225 000 - 60 000 = 165 000

I would have to say on this " Houston we have a problem " of you are a Breeder

Well done to all the buyers - Good two days for them.

Well done with your purchase LG - I think you did well and paid a fair price very close to my evaluation . All the best .

I have double checked the figures and could have made a mistake but I am afraid I believe it is what it is.

This is normality unfortunately. Christmas is over for everyone.