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General Category => Harness Racing => Topic started by: wizardofoz on November 30, 2023, 04:19:20 PM

Title: Is Perfect Sting this PERFECT as a sire?
Post by: wizardofoz on November 30, 2023, 04:19:20 PM
https://ongait.blob.core.windows.net/listingpedigree/d6496e9129554b21a510911f80ca5ca6_PerfectSting.pdf   They are asking a STARTING price of $40,000 for 1 share of him.  He does have excellent breeding on both paternal and maternal lineages.    https://ongait.com/Listings/View/24876?search=
Title: Re: Is Perfect Sting this PERFECT as a sire?
Post by: The Thorn on November 30, 2023, 07:01:24 PM
His current stud fee is $10,000. If this share goes for say 45,000 and he lasts fifteen years, that will average 3 grand per year, as it's for one yearly breeding lifetime.  Seems reasonable and if he's a success a bargain. 
Title: Re: Is Perfect Sting this PERFECT as a sire?
Post by: Parked on November 30, 2023, 09:00:11 PM
A long time ago I was told by a smart horseman
Never breed to a horse that was not faster than his sire.   
Title: Re: Is Perfect Sting this PERFECT as a sire?
Post by: MIKE CAMPBELL on November 30, 2023, 09:12:17 PM
A long time ago I was told by a smart horseman
Never breed to a horse that was not faster than his sire.
He wasn't faster than his mother either.
Title: Re: Is Perfect Sting this PERFECT as a sire?
Post by: Crash on November 30, 2023, 10:01:08 PM
A long time ago I was told by a smart horseman
Never breed to a horse that was not faster than his sire.

Was Captain Treacherous, Huntsville or Downbytheseaside faster than beach?
Title: Re: Is Perfect Sting this PERFECT as a sire?
Post by: Grandstand Handicapper on November 30, 2023, 10:26:42 PM
https://ongait.blob.core.windows.net/listingpedigree/d6496e9129554b21a510911f80ca5ca6_PerfectSting.pdf   They are asking a STARTING price of $40,000 for 1 share of him.  He does have excellent breeding on both paternal and maternal lineages.    https://ongait.com/Listings/View/24876?search=

If you are a breeder and like the stallion that's one thing. Will he continue, will the stud fee stay the same, etc. If you are looking at it as investment that's a completely different story. The share entitles you to one breeding per year, so start your math from there. Don't forget to include the shared revenue from frozen semen. The syndicate manager can give you those numbers. Also, if you don't use the breeding, you can either sell it, or possibly "pool" it. Check and see if there is a pool and what the revenue has been. That will give you all the info you need.
Title: Re: Is Perfect Sting this PERFECT as a sire?
Post by: wizardofoz on December 03, 2023, 02:09:20 PM
It wound up being a NO SALE!  They started the bid at $40,000 and there must have been no takers.  A Greenshoe breeding on Ongait.com only went for $6600 when the stud fee is $25,000!  https://ongait.com/Listings/View/24924?search=            https://ongait.com/Listings/View/24876?search=search%3Dperfect%2520s
Title: Re: Is Perfect Sting this PERFECT as a sire?
Post by: SDST2009 on December 03, 2023, 03:14:35 PM
It wound up being a NO SALE!  They started the bid at $40,000 and there must have been no takers.  A Greenshoe breeding on Ongait.com only went for $6600 when the stud fee is $25,000!  https://ongait.com/Listings/View/24924?search=            https://ongait.com/Listings/View/24876?search=search%3Dperfect%2520s

I don't know what is going on at Hanover, but they must have their heads up their asses leaving Greenshoe at $25k.
Title: Re: Is Perfect Sting this PERFECT as a sire?
Post by: Brown jug on December 03, 2023, 07:45:22 PM
greenshoe will not be $25k
Title: Re: Is Perfect Sting this PERFECT as a sire?
Post by: Parked on December 03, 2023, 08:57:09 PM
He is advertised at $25,000 on their web site.   $6,600 Ongait. 
Title: Re: Is Perfect Sting this PERFECT as a sire?
Post by: SDST2009 on December 03, 2023, 09:11:41 PM
greenshoe will not be $25k

The Hvr stud fees for 2024 are announced. He absolutely is listed at $25k.

I cannot recall in decent memory where breedings were so discounted between advertised and actual market value.
Title: Re: Is Perfect Sting this PERFECT as a sire?
Post by: wizardofoz on December 04, 2023, 12:08:38 AM
Hanover Shoe farm will NOT like the fact that breedings are being auctioned off online.    https://hanoverpa.com/greenshoe.html
Title: Re: Is Perfect Sting this PERFECT as a sire?
Post by: wizardofoz on December 04, 2023, 12:15:31 AM
Speaking about stud fees, remember when Betting Line was hailed by Hanover Shoe farms as the next big thing? Winbak has him now, and in Canada to boot for a modest $5000 CAD stud fee.   https://www.winbakfarm.com/stallions_detail.asp?id=55#:~:text=STUD%20FEE%3A%20%245%2C000%20CAD
Title: Re: Is Perfect Sting this PERFECT as a sire?
Post by: Mailbox Money on December 04, 2023, 03:56:04 PM
The speed and stamina aren't in the horse,those factors came from the yogurt!  ngc3
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