Value of a Horse

Hi Clan

Can anyone perhaps tell me how do you determine a selling price for one's share in a horse? E.g - 3 year old gelding. 10 runs, 5wins & 4places. Stakes earned almost 400k? Includes one Grade 3 win

Many thanks.

Imo, it depends on a few things; most importantly is the horse sound (or is it being retired from racing) ?

The horse had its problems, was gelded and had a wind op done, but it is doing very well at the moment. Should be racing again soon.

Would this be In A Rush, by any chance?

If it is IAR then i would tread carefully

You'll need to make a hard assessment of what you think the market thinks of what it can earn in the future. That's the value, imvho.

The horses name is irrelevant, I would just like to determine how one would value a share/percentage?

Thanks Mac

I am sure some are better qualified with the exact detail but as far as I am aware there is an accepted precedence:
1) If it is to dissolve a partnership then the parties normally set a value,but must be prepared to buy OR sell at that price
2)If one partner wants no more to do with the horse and no value can be agreed ,it is normally auctioned to set the market value ,and existing partners can obviously also bid(as is happening with Pierre Jourdan)
That is the basics but hopefully somebody with more experience can elaborate for you.

Thanks for the information Rob(tu)

with these credentials my advice would be keep your money follow the horse and back it when you feel it will win, no keep, no vet bills and if the horse it is that good why would they want to sell ?? good luck and let us know how it turns out
Rather spend the money on a young horse and enjoy it.
cheers

Rob has it 100%