Value of a Horse

  • Tonto
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Value of a Horse

13 years 1 month ago
#218427
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.

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  • Frodo
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Re: Re: Value of a Horse

13 years 1 month ago
#218432
Imo, it depends on a few things; most importantly is the horse sound (or is it being retired from racing) ?

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  • Tonto
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Re: Re: Value of a Horse

13 years 1 month ago
#218439
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.

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  • magiclips
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Re: Re: Value of a Horse

13 years 1 month ago
#218462
Would this be In A Rush, by any chance?

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  • Titch
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Re: Re: Value of a Horse

13 years 1 month ago
#218501
If it is IAR then i would tread carefully
Give everything but up!

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  • Mac
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Re: Re: Value of a Horse

13 years 1 month ago
#218504
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.

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  • Tonto
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Re: Re: Value of a Horse

13 years 1 month ago
#218506
The horses name is irrelevant, I would just like to determine how one would value a share/percentage?

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  • Tonto
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Re: Re: Value of a Horse

13 years 1 month ago
#218507
Thanks Mac

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  • rob faux
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Re: Re: Value of a Horse

13 years 1 month ago
#218511
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.

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  • Tonto
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Re: Re: Value of a Horse

13 years 1 month ago
#218527
Thanks for the information Rob(tu)

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  • moose
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Re: Re: Value of a Horse

13 years 1 month ago
#218541
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

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  • mr hawaii
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Re: Re: Value of a Horse

13 years 1 month ago
#218557
Rob has it 100%

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