CTS Now ON

  • elmer
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CTS Now ON

5 years 7 months ago
#779509
The sale starts today and I have not seen any posts on this forum
Historically this is an expensive sale with some well bred yearlings
Also normally has overseas buyers
The catalogue seems as normal {strong}
Why no interest?
No money ?Are the breeders in for a hiding ?

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  • Bob Brogan
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Re: CTS Now ON

5 years 7 months ago - 5 years 7 months ago
#779511
Live stream when it starts


Last edit: 5 years 7 months ago by Bob Brogan.

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  • Biggie626
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Re: CTS Now ON

5 years 7 months ago
#779512
LOT148

PACAYA 🔥🔥

I call him TheSexyMF💥

He's a good looking specimen!

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  • Bob Brogan
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Re: CTS Now ON

5 years 7 months ago
#779540
Why are all the William Longsford lots selling for 500k? When proven sires are selling for way less

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  • Bob Brogan
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Re: CTS Now ON

5 years 7 months ago
#779542
Early sale topper

Lot 99 - Silvano colt sells for R3 Million

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  • Garrick
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Re: CTS Now ON

5 years 7 months ago
#779547
As sad as it is to see any business in distress 'the market' has spoken as to how it sees South African racing.

Owners have clearly wearied of being caught somewhere between being used as charitable institutions or being classified as lunatics for continuing to fund it.

Industry spin and bullshit is falling on deaf ears if the figures from this sale are any indication.

The aggregate from 2020 was R 56 million. This is down about 32% from the 2019 figure of R83 million and light years away from the heady days of 2016 when it delivered R 135 million.

Whatever folorn hope the anticipated EU audit may offer to the future of SA breeding it is likely to come too late for a number of breeders. At the CTS Sundowner (a little ironic!) Function on Monday I chatted to breeders who admitted they were hanging on by a thread. A disappointing sale such as we have just experienced will inevitably have tipped them over the edge.
The following user(s) said Thank You: Muhtiman, Sylvester, Over the Air

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  • Mac
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Re: Re:CTS Now ON

5 years 7 months ago
#779549
EU audit? Forget it.


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  • Muhtiman
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Re: Re:CTS Now ON

5 years 7 months ago
#779592
A recognisable buying combination returned to a familiar theme at the Cape Premier Yearling Sale as Nic Jonsson and Stradivarius’s owner Bjorn Nielsen were responsible for the R3million (£159,000/€186,000) top lot of the one-day event.

The Silvano colt, provisionally named I Want It All, was seemingly held in high regard by his breeders at Drakenstein Stud, and such high-rolling will surely fuel the interest whenever his two-year-old half-sister, now re-christened Orange Bowl, makes her debut for the Justin Snaith stable. She was picked up for R3.2m here 12 months ago.

The pair are the first and second foals of Giant's Causeway's Song Of Happiness, a minor winner in South Africa who is out of the Group 1-winning Captain Al mare Captain's Lover.

Jonsson, whose family has established a global company producing uniforms and workwear, is continuing a dynasty of ownership by his forefathers which stretches back well over a century. He is a partner in Snaith’s Do It Again, last year’s South African champion who landed the Durban July among a slew of big-race wins but has not looked on his A-game so far this term.

Nielsen, meanwhile, is a more recent arrival within the Snaith yard and had a first runner in his black and yellow silks at Kenilworth last Friday.

"I’ve bought him with my friend Bjorn Nielsen, we bought the sister by Duke Of Marmalade here last year and she looks as if she might be quite special," Jonsson said.

"We thought we might have to pay more for him, so we’re quite happy. It’s not a pedigree we see very often in South Africa, that Giant’s Causeway-Storm Cat cross, and I did think he was the best of the sale."

Skiffington backs new boy Rafeef

Amanda Skiffington and her client Fiona Carmichael have been regular visitors to this sale and they paid enormous faith in the progeny of Rafeef, a Grade 1-winning sprinter for Mike De Kock, whose first crop from Ridgemont Highlands were being offered.

A colt out of the Encosta De Lago mare Aneefa was substantially the most expensive of a trio that Skiffington had signed for when bidding concluded at R2.2m (£116,600/€136,400).

"We’ve had some luck with first-crop sires before and after going through a lot of horses, we thought he was the best colt. He wasn’t cheap, though!" said the agent, who confirmed that the youngster would be going into training with Cape Town-based Brett Crawford.

That price was equalled later in the session by the Gimmethegreenlight half-brother to last weekend's L'Ormarins Queen's Plate winner Vardy, offered by Klawervlei Stud.

It only became apparent afterwards that a bidding war was developing between two different partners in Adam Marcus's new star colt, with the stakes being raised by a table containing Bernard Kantor, and another with agent Christopher Santos, who was bidding on behalf of Jimmy Sarkis.

Vardy's half-brother was another to reach seven figures

Santos, who appeared rather overwhelmed to have won the tussle, said: "I only got a late call about him, as Jimmy Sarkis owns some of Vardy and, I believe, some of the mare. He was a strong colt and after Vardy did what he did, I knew that he would be popular."
It seems most likely that Marcus will receive the young sibling.

There was also some international interest from another jurisdiction though sustained bidding for Avontuur Thoroughbreds’ Trippi filly, who is a half-sister to Miss Frankel, the first of the Juddmonte superstar’s progeny to appear - and win - in this country.

She was picked up for R1.65m (£87,700/€102,900 by New Zealand-based Ric Wylie, along with an earlier R600,000 of a Visionaire filly who traced back to wonderful Australian producer Barkada.

"They've been bought for Australia but they'll be going the long way, with a quiet summer in England being broken in," Wylie said. "It was my client's idea to try to buy some fillies here, and they were two of our best five."

Slow progress

That the session-topping colt cost less than his female half-sister was a fair indication indication at the half-way stage that trade was fairly slow.

It had taken until lot 37 for the seven-figure barrier to be broken with the offering of Avontuur's Live My Life, a daughter of Gimmethegreenlight whose third dam is Susurration, a smart miler for John Gosden. She finished second to Selkirk in Listed company at Kempton and won the Group 3 Prix Perth back in 1991.

After reaching a figure of R1.1m (£58,400/€68,500) the filly was knocked down to Derek Brugman, who signed the docket under Silver Ripples (Pty) Ltd for an undisclosed client and trainer.

"I thought she was one of the best three or fillies in the sale, a bit of a standout" Brugman said. "Gimmethegreenlight is now stepping up behind some of our captains of industry, like Dynasty and Silvano, and hopefully she has a nice future."

The final figures would make sombre reading for most vendors, particularly as they had spiralled downwards in the preceding year. There were only five seven-figure lots and turnover was recorded at R56,490,000 (£3,002,000/€3,520,300) which was down 32 per cent year-on-year.

The average slipped to R326,531 (£17,338/€20,348), a decrease by 25 per cent. The median dropped 16.66 per cent to R250,000 (£13,300/€15,600) while 173 of the 216 lots sold at a clearance rate of 80 per cent.

CTS chief executive Wehann Smith said: "The figures are obviously disappointing but we knew we were operating in a tough economic environment at the moment.

"It's a huge positive that there was some new international money and there was still a R3m top lot. We'll just have to revisit our approach, and see what we have to do to make things work."

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  • elmer
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Re: CTS Now ON

5 years 7 months ago
#779738
Yes All the figures are there but lets see how many race in the colours of the original owners
I estimate 20% plus were buybacks

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  • elmer
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Re: CTS Now ON

5 years 7 months ago
#779739
Sorry but must add Lets see how many pitch up on other sales especially the RTR

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  • Muhtiman
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Re: CTS Now ON

5 years 7 months ago
#779740
.....wonder who is lining Derek Brugmann's pockets these days......or is he using his own bank roll to get back into the lime light......:huh:

......caught the Bleeding to Win show in the wee hours.....dont know why this sales company has not looked to go cap in hand to the TBA to pool resources..... as it is performing rather poorly.....that Jooste taint is still ever present and key buyers are still staying away.....:dry:

......and CVN only buying 6 of which 5 are produce from Klawervlei....must be saving for a splurge at the TBA.....:lol:

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