Surcharge
- louisg
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Re: Surcharge
7 years 3 months ago
Yes, Joao is my mate. However, try to examine the FACTS, however difficult that may be. Rather reply on those.
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- CnC 306
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Re: Surcharge
7 years 3 months ago
Life is far too short to be serious all the time Louis. Yes reading the facts it looks like a good proposition for anyone who wants in. With the value of the pound dropping all the time and forecast to drop by another 10% over the next few weeks will abstain.
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- easy
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Re: Surcharge
7 years 3 months ago
1000% great plug from Louis but you can plug and advertise Alpha Romeo all day long its still a shyte car.
So we were lucky but the luck also comes from hard work and years of paying fees. The horses that ran today cost very little. The Oratorio we sent to Louis cost R40k.
Now onto the syndicate. NO there are not 8 shares available. There NEVER will be. Mike and I will always retain shares, we back our selections to perform and want to be in it for the ride.
You see racing is easy peasy, promote the horse , create equine heroes and the masses will come to the course.
The Duke Of Marmalade and the Oratorio are fully sold to 8 UK based owners along with myself Mike and our very good friend Antony.
The rest are ALL for sale.
We have shares available also in Jo Mambo, now in training with Jarrett Rugg
Costs are simple
Purchase Price R25 000
Transport R4000
Uptodate bills R5000
2 years Training fees in advance R192 000
SO 10% costs R22600 or £1400
So we were lucky but the luck also comes from hard work and years of paying fees. The horses that ran today cost very little. The Oratorio we sent to Louis cost R40k.
Now onto the syndicate. NO there are not 8 shares available. There NEVER will be. Mike and I will always retain shares, we back our selections to perform and want to be in it for the ride.
You see racing is easy peasy, promote the horse , create equine heroes and the masses will come to the course.
The Duke Of Marmalade and the Oratorio are fully sold to 8 UK based owners along with myself Mike and our very good friend Antony.
The rest are ALL for sale.
We have shares available also in Jo Mambo, now in training with Jarrett Rugg
Costs are simple
Purchase Price R25 000
Transport R4000
Uptodate bills R5000
2 years Training fees in advance R192 000
SO 10% costs R22600 or £1400
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- easy
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Re: Surcharge
7 years 3 months ago
Jo Mambo
Purchase Price R25 000
Transport R4000
Uptodate bills R5000
2 years Training fees in advance R192 000
SO 10% costs R22600 or £1400
costs will be less, I've just spoken to Jarrett and I've ut the stabling in a tad higher.....to be fair we have just joined him.
Purchase Price R25 000
Transport R4000
Uptodate bills R5000
2 years Training fees in advance R192 000
SO 10% costs R22600 or £1400
costs will be less, I've just spoken to Jarrett and I've ut the stabling in a tad higher.....to be fair we have just joined him.
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- pirates
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Re: Surcharge
7 years 3 months ago
What happens after 6 months the horse turns out to be useless or breaks down do you get your remaining 18 months training fees returned with interest?
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- easy
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Re: Surcharge
7 years 3 months ago - 7 years 3 months ago
Of course money returned. Interest no way jose.
What i wont do is what others do and what i was forced into with sport of kings
People bought 10% (thats what they afforded)
then the horses did well so they bought another 10% in another horse
then the horses did well so they bought another 10% in another horse
so someone that could only afford 10% ends up with 30% , all good when horses are earning but when they stop then the direct debits stop and sugar daddy from the UK along with Mrs Forbes end up footing the bill.
SO no pay up front like in the UK and thats it. and how much interest can there possibly be anyway ? there is no admin fee here we doing it for the love of the game.
What i wont do is what others do and what i was forced into with sport of kings
People bought 10% (thats what they afforded)
then the horses did well so they bought another 10% in another horse
then the horses did well so they bought another 10% in another horse
so someone that could only afford 10% ends up with 30% , all good when horses are earning but when they stop then the direct debits stop and sugar daddy from the UK along with Mrs Forbes end up footing the bill.
SO no pay up front like in the UK and thats it. and how much interest can there possibly be anyway ? there is no admin fee here we doing it for the love of the game.
Last edit: 7 years 3 months ago by easy.
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- easy
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Re: Surcharge
7 years 3 months ago
this model works very well in the UK , we wont do it any other way. If you can't afford to be in now then we can't run the risk later.
This is why ANY syndicate that operates on collecting money monthly will always be at a massive risk.
This is why ANY syndicate that operates on collecting money monthly will always be at a massive risk.
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- easy
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Re: Surcharge
7 years 3 months ago
and yes the funds are not held with us. they are ring fenced with a reputable accounting firm.
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- pirates
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Re: Surcharge
7 years 3 months ago
i was not asking about paying the 2 years training fees up front but asking if i pay up front and i think the horse is crap after giving it 4 to 5 runs and about 6 months and i want to pull out will i recieve the balance of my funds back...
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- easy
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Re: Surcharge
7 years 3 months ago
Pirates
If you think the horse is crap and you are alone with those thoughts then we have to reach an agreement. Of course you will receive your truing funds back the initial capital associated with purchase price of course you will be out.
Now the most important thing here is what is crap? We race in Kimberley for example where one mans crap is another mans cake!!
Ultimately we will do whats right for the horse 1st. If people want out for the wrong reasons then we will cross that bridge.
Similar applies if we blessed with a champion and some want to sell and some don't.....
If you think the horse is crap and you are alone with those thoughts then we have to reach an agreement. Of course you will receive your truing funds back the initial capital associated with purchase price of course you will be out.
Now the most important thing here is what is crap? We race in Kimberley for example where one mans crap is another mans cake!!
Ultimately we will do whats right for the horse 1st. If people want out for the wrong reasons then we will cross that bridge.
Similar applies if we blessed with a champion and some want to sell and some don't.....
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- easy
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Re: Surcharge
7 years 3 months ago
at the end of the day if your experience with us is crap we lose a client and racing loses a new person so we will do whats right.
what we wont do is keep people in the dark.
what we wont do is keep people in the dark.
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- easy
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Re: Surcharge
7 years 3 months ago
and if we were in it for the short game or to fleece people i would not be offering this filly for sale.
here is her barrier trial
here is her barrier trial
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