Fasig November Sale 3pm today

[blackthroatedwind]

Originally Posted by Cannon Shell

Your assumption of million dollar foals is aiming really high. What do you think Better than Honours 09 foal will be worth? Most likely they are balancing off the profits of BB to avoid taxes but on its own it is a terrible play.

Do you honestly think they had a hugely profitable year?

[Cannon Shell]

Originally Posted by blackthroatedwind

Do you honestly think they had a hugely profitable year?

How much money did they take in from investors? Between that and the BB purchase and sale of some of the mares last night they may have more income than expenses.

[blackthroatedwind]

Originally Posted by Cannon Shell

How much money did they take in from investors? Between that and the BB purchase and sale of some of the mares last night they may have more income than expenses.

Maybe. It's obviously hard to tell. Start with the, roughly, $5 million they lost on Court Vision. Figure the money they earned with Big Brown equalled what they spent for their three quarters of him. Now, obviously they spent the money last year, so I guess you have to look at it as profit. So between their share of the small percentage of him sold they maybe made a million over Court Vision's cost. Pure Clan may have made enough on the track to cover what they paid for their share of her. Benny the Bull and Kip Deville made over two million between them. There were some expensive horses mixed in that did nothing that I can think of.

Tough game!

On the other hand, they have some valuable assets......Benny not included. Somehow I don't think he's worth the $10 million they claimed in the NY Times interview.

[GBBob]

Originally Posted by blackthroatedwind

Maybe. It's obviously hard to tell. Start with the, roughly, $5 million they lost on Court Vision. Figure the money they earned with Big Brown equalled what they spent for their three quarters of him. Now, obviously they spent the money last year, so I guess you have to look at it as profit. So between their share of the small percentage of him sold they maybe made a million over Court Vision's cost. Pure Clan may have made enough on the track to cover what they paid for their share of her. Benny the Bull and Kip Deville made over two million between them. There were some expensive horses mixed in that did nothing that I can think of.

Tough game!

On the other hand, they have some valuable assets......Benny not included. Somehow I don't think he's worth the $10 million they claimed in the NY Times interview.

You can bet they have many accountants figuring how to tell the IRS they lost money at the same time they are telling their investors they made money.

[Cannon Shell]

Originally Posted by GBBob

You can bet they have many accountants figuring how to tell the IRS they lost money at the same time they are telling their investors they made money.

"We made money but we just cant give it to you yet"

[GBBob]

Originally Posted by Cannon Shell

"We made money but we just cant give it to you yet"

Do we have any celebrities besides Scavs on board yet Chuck?

[Cannon Shell]

Originally Posted by GBBob

Do we have any celebrities besides Scavs on board yet Chuck?

"We have celebs but we just cant name them yet"

[Cannon Shell]

Originally Posted by blackthroatedwind

Maybe. It's obviously hard to tell. Start with the, roughly, $5 million they lost on Court Vision. Figure the money they earned with Big Brown equalled what they spent for their three quarters of him. Now, obviously they spent the money last year, so I guess you have to look at it as profit. So between their share of the small percentage of him sold they maybe made a million over Court Vision's cost. Pure Clan may have made enough on the track to cover what they paid for their share of her. Benny the Bull and Kip Deville made over two million between them. There were some expensive horses mixed in that did nothing that I can think of.

Tough game!

On the other hand, they have some valuable assets......Benny not included. Somehow I don't think he's worth the $10 million they claimed in the NY Times interview.

Court Vision was last year wasnt it? I would put Bennys worth at around $3 million and that is pretty generous. Have they announced where he is going to stand?

[blackthroatedwind]

Originally Posted by Cannon Shell

Court Vision was last year wasnt it? I would put Bennys worth at around $3 million and that is pretty generous. Have they announced where he is going to stand?

I could be wrong, but I think they bought half of him early this year.

You know better than me.....but SOLD on $3 million. What can he possibly stand for?

[Cannon Shell]

Originally Posted by blackthroatedwind

I could be wrong, but I think they bought half of him early this year.

You know better than me.....but SOLD on $3 million. What can he possibly stand for?

$10k?

[blackthroatedwind]

Originally Posted by Cannon Shell

$10k?

Really? Wow. I would have guessed MUCH less. He has no pedigree.

[wac]

It seems a little disappointing that some of the prices paid were in number only not the actual transaction of money. Didn't understand that till today on how things worked but now i do. Oh well was still fun to watch it.