NATIONAL YEARLING SALE 2012 : FINAL RESULTS

Click above to view results from the
2012 Emperors Palace National Yearling Sale…

EMPERORS PALACE NATIONAL YEARLING SALE
TBA Sales Complex, Gosforth Park, Germiston
27 - 29 April 2012

SALE SUMMARY

The 2012 Emperors Palace National Yearling Sale ended Sunday on a realistic, but positive note.

The overall average price of R240,441 fell slightly from last year’s average of R250,511, and the gross total dropped from R93,190,000 to R81,750,000. 

However, the figures this year are a far more accurate reflection of the market’s state of being, with the new vendor buy back scheme coming into play this year. Previous years, overall figures hid these same buy backs, and grossly exaggerated the market.

The top priced lot emerged towards the end of the two day sale. A Jet Master colt, consigned by Drakenstein Stud, sold for R1.7 million. An own brother to Grade 1 winner Stratos, the colt named Stratocruiser, was consigned by Klipdrif Stud (as Agent). He was purchased by Glen Kotzen.

Top priced filly on sale was 235, a daughter of Black Minnaloushe. Consigned by Varsfontein Stud (as Agent), the filly is a half-sister to two Oaks winners, Arcola and Princess of Light. She was bought, for R800,000, by D Chinsammy.

Leading vendor at the sale, by aggregate, was Klipdrif Stud (Agent). They sold 17 yearlings for a total of R7,425 million.

Leading vendors by average, five or more sold, were Drakenstein Stud. The farm sold 11 yearlings for an average price of R440,909.

Form Bloodstock were the sales’ leading buyers, by gross aggregate. They purchased 27 horses for a total of R10,890,000, ahead of Park Bloodstock, Mike Bass Racing and D Chinsammy.

Trippi, who has made such a wonderful start to his stud career in South Africa, led the sires list, by aggregate. His 20 lots to sell grossed R10,495,000. Jet Master was second best, ahead of Captain Al, Black Minnaloushe and Silvano.

However, Jet Master led the sires list by averages. The late, great sire sold 15 yearlings for an average of R529,667.

TBA CEO Jan Naude expressed satisfaction with the sales’ overall performance, saying, “I am happy that the average price remained very similar to that of last year, especially when taking into account the state of the market. I also firmly believe this year’s figures are a more accurate reflection, due to the new vendor buy back concept.”

Bloodstock South Africa

www.tba.co.za

NATIONAL YEARLING SALE 2012 : DAY 1 RESULTS

Click above to view results from the
2012 Emperors Palace National Yearling Sale…

EMPERORS PALACE NATIONAL YEARLING SALE
TBA Sales Complex, Gosforth Park, Germiston
27 - 29 April 2012

DAY 1 SUMMARY

Day One of the 2012 Emperors Palace National Yearling Sale saw the figures drop from those of last year. The aggregate for day one fell from R48,675,000 to R42,975,000, although the overall average price remained steady, dropping from R249,615 to R240,084. The aggregate decrease was without question gravely influenced by the newly implemented vendor buy back rules.

With arguably a stronger bunch of horses appearing in the sale’s second day, these prices could yet change for the better and there is still reason for positivity for the sale’s overall performance.

TBA CEO Jan Naude was philosophical about the results of the sale’s initial day, saying, “The return price was down by R6 million - a result largely due to new vendor buy back scheme. It was reassuring to see the average price remain fairly steady, and I think vendors can be optimistic about Sunday’s results.”

Bloodstock South Africa

www.tba.co.za

2011 NATIONAL YEARLING SALE : DAY 3

Derreck David with Lot 421 Blue Ridge Mountain
(Photo : Heather Morkel)

EMPERORS PALACE NATIONAL YEARLING SALE
15 - 17 April 2011

The final day of the 2011 Emperors Palace National Yearling Sale started well when the Summerhill Sales-consigned lot 421, Blue Ridge Mountain, was knocked down for R2 million to Markus Jooste. The beautiful chestnut is by champion US sire, Giant’s Causeway, out of a Distant View mare, and hails from the same family as last year’s Cartier Champion 2-year-old filly, Misty For Me.

The Sale closed on a high when lot 599, the penultimate lot on sale, was knocked for R1.2 million to John Freeman. The chestnut colt, consigned by Varsfontein Stud, is named True Master. A son of Jet Master, he is out of G3 winner Bushra.

Overall, the sale posted an aggregate of R115,310,000. Of the 600 yearlings catalogued, 557 went through the ring, and just 65 failed to find homes.

The sale’s average price was R244,301, down slightly from last year’s average of R324,557. No fewer than 16 yearlings made R1 million plus. The top priced yearling to sell was Heart’s Content, lot 196. The filly, consigned by Varsfontein, is by champion sire Jet Master out of the stakes winning mare, Jalberry.

Varsfontein Stud enjoyed a fantastic sale, and ended up as the leading vendors by aggregate. Their 17 lots to sell made R7.055 million, and averaged R415,000.

Leading vendor, by average, was Varsfontein Stud (As Agent), they sold seven yearlings for an average price of R706,429.

Form Bloodstock were the most prolific buyers, and purchased 20 yearlings for an aggregate of R10.2 million.

Champion sire, Jet Master, enjoyed a truly phenomenal sale. The great horse sold 35 of his 37 yearlings on offer, for an aggregate of R21,325,000, making him the leading stallion by aggregate. He averaged R609,286, which made him the leading sire by average, with five or more sold.

TBA’s CEO, Jan Naude, was resigned about the sale, “These prices are a realistic reflection of the economy. There was plenty of good money for the top horses, but the middle market struggled.”

Extract from Bloodstock South Africa

2011 NATIONAL YEARLING SALE : DAY 2

Andrew Papageorgiou with Mick Goss at Block A, TBA Sales Complex
(Photo : Heather Morkel)

EMPERORS PALACE NATIONAL YEARLING SALE
15 - 17 April 2011

After a slowish start, trade picked up briskly on the second day of the 2011 Emperors Palace National Yearling Sale. The second day grossed an aggregate of R74 265 000, a very satisfactory result considering the economic situation.

Day two averaged R260 579, with 285 of the 332 lots offered selling. Just 47 lots failed to make their reserve.

The second day was topped by lot 352, a Jet Master colt consigned by Varsfontein, which sold for R3 000 000 to Andrew Papageorgiou. The handsome bay, named Master Of My Fate, was produced by champion racemare Promisefrommyheart. Not only is the colt a half-brother to recent Listed winner Justthewayyouare, this is also the family of recent G1 Majorca Stakes winner Covenant and last year’s G2 Breeders Cup Juvenile Turf winner Pluck.

Remarkably, Varsfontein have consigned the top two lots to sell at the sale, to date.

Auctioneer, Steve Davis, was impressed with overall results, saying, “I thought the results have been remarkable, considering the effect on the sale from the Cape Premier Yearling Sale. There has been good support for the good horses, and they sold accordingly.”

TBA’s CEO Jan Naude pointed out the exceptional clearance, “It is exceptional in the circumstances, that 86% of the horses have been sold. I am very pleased with that.”

The final day of the sale begins today at 10 am.

Extract from Bloodstock South Africa

2011 NATIONAL YEARLING SALE : DAY 1

Mike Bass, Alec Laird and Archie Watson at Block A, TBA Sales Complex
(Photo : Heather Morkel)

EMPERORS PALACE NATIONAL YEARLING SALE
15 - 17 April 2011

After enduring a rough start, trade picked up briskly on day one of the Emperors Palace National Yearling Sale. The aggregate for day one of the three day sale was R47 065 000, and 183 of the 221 horses to pass through the sales ring on Friday sold. The average price, on day one, was R257 186, and eight yearlings sold for R1 million plus.

There were 29 withdrawals.

Day one was topped by lot 196. A daughter of Jet Master, the filly (named Heart’s Content) was consigned by Varsfontein Stud. She was out of the stakes winner Jalberry, and was purchased by Form Bloodstock for R3.2 million.

Champion sire Jet Master had a great day on day one of the sale. He had four yearlings sell for R1 million plus, and his popularity continues to soar with buyers and vendors alike.

Top priced colt on day one was lot 217. A magnificent specimen, the Trippi colt was consigned by Klawervlei. Knocked down to Mike Bass for R2.1 million, the colt, named Paterfamilias, is out of the six time winner, La Patoneur.

TBA’s CEO, Jan Naude, said after the evening’s session, “Whilst the sale started slowly, things started picking up nicely towards the end of the evening. However, it still remains a buyers market, and there are horses for everyone on sale.”

The sale continues today at 17:00.

Extract from Bloodstock South Africa