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Racehorse TALK

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Author Topic: Syndications  (Read 2363 times)
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El Dufus
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Original Post 2011-Mar-27, 09:38 AM

I noticed a few new racing syndications advertised in Best Bets this week (26th March 2011) and wondered what their margin was:

Best Bets page 12:

BlueBlood Thoroughbreds are offering a Street Sense filly out of Legal Union
Bought for $30,000 - 5% shares are offered @ $4,423 = $88,460

Best Bets page 24:

Dynamic Syndications are offering a Magnus colt out of Rather Grand
No record of purchase at public sales - 5% shares are offered @ $8,350 = $167,000 (phew!)
Must have been a private sale - Magnus is a first season sire

Best Bets page 41

Darby Racing are offering a Choisir filly out of Leica Light
Bought for $55,000 - 5% shares @ $4,990 = $99,800

Best Bets page 42:

Supreme Syndications are offering a Not A Single Doubt filly out of Continuously
Bought for $60,000 - 5% shares @ $4,995 = $99,900

and

a Stratum filly out of Spinners Magic
Bought for $26,000 - 5% shares @ $2,990 = $59,800

Nice mark ups!

But a long way to go before their abilities are tested.

ED
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InTheKnow
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2011-Mar-31, 10:33 AM

Mark, it's no different from other syndicators who do large volumes to have an open day. 

being part of a well organised, professional racing syndicate is the easiest way for people just like you & me to enjoy all the thrills and excitement that owning a racehorse can bring.

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monologue
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2011-Mar-31, 10:48 AM

I must admit that joining a syndication was my first involvement in ownership.

Like many of 1st time horse owners( albeit small share) that's where I learnt what's hot and what's not about ownership.
It gives the newcomers into ownership an easy and not too expensive look into this business.

I was lucky that the first horse I went into with  a syndicate turned out to be very handy ,but it also gave me the opportunity to meet and greet many people with similar interests as well as awakening me to the realisation that it's an expensive caper to get into and one that is full of traps for the uninitiated.

Like ITK has stated theres' good ones and bad ones in any profession.

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InTheKnow
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2011-Mar-31, 11:28 AM

got some shares to sell if anyone interested  wink

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gratlog
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2011-Mar-31, 11:42 AM

Maybe after lotto tonight
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InTheKnow
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2011-Mar-31, 02:29 PM

Shares in racehorses available by SHOW A HEART, BARELY A MOMENT, HARADASUN, STARCAFT, ALL BAR ONE & FASTNET ROCK !

with trainers FREEDMAN, HAWKES, ENGLEBRECHT, KENNEWELL, MCARDLE   
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richo
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2011-Mar-31, 07:02 PM

well done ITK like the newcastle song    never let a chance go by
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