Surcharge

easy
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Surcharge

7 years 3 months ago

The racing gods have blessed us. We purchased a filly which is a half sister to Surcharge for a decent amount. She will run next Friday and in the spirit of sharing and not marking up our purchases along with the eminent launch of our new syndicate we offer 1/8th shares in Surcharges half sister by Master Of My fate.

There are not many shares left. The price is £2800 per 8th share ALL IN for the next 24 months.

There is some small print in the contract as we don't make any money up front but its all there.

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PeterD
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Re: Surcharge

7 years 3 months ago

#714308

Very well bought by L Forbes at the NYS for R50k

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easy
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Re: Surcharge

7 years 3 months ago

#714312

what you insinuating?

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PeterD
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Re: Surcharge

7 years 3 months ago

#714315

Nothing.
Giving credit for a very good pick at the sales.

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CnC 306
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Re: Surcharge

7 years 3 months ago

#714316

Bought for 50

each share at todays exchange rate just over 44 x 8 = 352

includes 24 months stable fees, vet fees, other fees?

imho a bit steep.

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PeterD
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Re: Surcharge

7 years 3 months ago

#714318

Assuming her conformation is good, she is easily worth R500k with Surcharge ‘s prospects.

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easy
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Re: Surcharge

7 years 3 months ago

#714320

you must be joking that its steep

its cost about 100 including costs to get her to this point.

then add in 240k worse case for 2 years training

then add in insurances

so about 360 / 8 shares about 45 and at todays rate that is £2752

i rounded it up to £2800

what i would do if i was others is

value her at R400 (based on Surcharge) and fleece newbies

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easy
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Re: Surcharge

7 years 3 months ago

#714321

Peter she was bought collectively by Michael and Lez they spotted her bought her and now we are all looking forward to an amazing journey.

Yes we could and have turned down money for her already

We want new people in the game and WILL NOT mark her up for sale nor any other horse we buy

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CnC 306
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Re: Surcharge

7 years 3 months ago

#714322

Fair enough if you put it that way.

By the way your body language on ATR yesterday when asked about coming back on the show showed that you leaving the UK to go back to SA? Or did i misread it?

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easy
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Re: Surcharge

7 years 3 months ago

#714323

not at all, I'm back and forth.....

after the debacle that was

logicfinvalue

and sportofkings

I'm now rebuilding and restarting to bring new people into racing. The difference is that this time its done properly and I'm spending more time there to assist in the back end of things.

Let me be clear BOTH those ventures had merits but both those people micromanaged too much and both failed to spot their weaknesses and focus on strengths.

as an example one cannot have people not receiving invoices for payment....

The following user(s) said Thank You: CnC 306

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louisg
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Re: Surcharge

7 years 3 months ago

#714359

Well bought Lezanne and Michael !!!

Now, here is a chance to get into a very well related horse, without waiting in the dark for many months, to see if the horse might or might not see a racecourse. And the price covers you well into the future ! And YES, you don't have to spend a percentage of the hyped up 7 figure prices being the norm for any horse which is well related. Peter D is no fool and is well experienced in the Sales game. I would value his estimate.

You already have paddock value before you start !

Well done guys ! ( I am slightly envious, whilst being glad for you)

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CnC 306
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Re: Surcharge

7 years 3 months ago

#714360

louisg wrote: Well bought Lezanne and Michael !!!

Now, here is a chance to get into a very well related horse, without waiting in the dark for many months, to see if the horse might or might not see a racecourse. And the price covers you well into the future ! And YES, you don't have to spend a percentage of the hyped up 7 figure prices being the norm for any horse which is well related. Peter D is no fool and is well experienced in the Sales game. I would value his estimate.

You already have paddock value before you start !

Well done guys ! ( I am slightly envious, whilst being glad for you)

Great pitch for your mate there Louis, there are 8 shares available so why not purchase one by using your winnings from the Sharks match yesterday, oh sorry I forgot, they lost. Never mind I am sure that the Bulls will welcome you back

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