THE STABLE @ CA

[Brown jug]

kole , you will be correct
its easy math, assume $3,500 for monthly training and incidentals for 8 months before they even think of qualifying , so call it $28,000 cdn, staking should be minor for 90% based on their cost ( hence pedigree and confirmation or lack of) but lets ad $2,000 so call it $30,000 not including original purchase
might be 3 or 4 of the two yr olds that make that this year
many already dumped and some very average ones going to be carried over for a 3 yr old season
i have nothing against the stable or amac but just follow the numbers and if watching your horse be average at best is worth that in entertainment than to each their own

[horses first]

Before you even start adding all those things in mentioned above here is a fractional ownership nightmare that doesn't work in the favor of a small owner. Take example A..a three year with 8 starts and 10k made. Couldn't compete in Ont which needed a license. Then to IL. Then to OH. Then to its state jurisdiction NJ for a stake race and if 1st time owner along with license you need finger prints. 1 stake race and done. Off to PA where you need a 3yr license and that's 120. So that 10k minus 10% your at 9000.00 at 5% your take is 450. Yet to race over those 5 jurisdiction is roughly 350.00. Add in it wasn't free to get to those tracks you have transport cost so your in the hole even with 10k on the card and still haven't added a dime from everything mentioned above. Not a fault of the stable just part of the system rigged against small owners of a fractional outfit.

[the real doctor]

Before you even start adding all those things in mentioned above here is a fractional ownership nightmare that doesn't work in the favor of a small owner. Take example A..a three year with 8 starts and 10k made. Couldn't compete in Ont which needed a license. Then to IL. Then to OH. Then to its state jurisdiction NJ for a stake race and if 1st time owner along with license you need finger prints. 1 stake race and done. Off to PA where you need a 3yr license and that's 120. So that 10k minus 10% your at 9000.00 at 5% your take is 450. Yet to race over those 5 jurisdiction is roughly 350.00. Add in it wasn't free to get to those tracks you have transport cost so your in the hole even with 10k on the card and still haven't added a dime from everything mentioned above. Not a fault of the stable just part of the system rigged against small owners of a fractional outfit.

very valid - the licensing is not in favour of any small owner at all - your example is very good. I think a few states dont require a license if under 5% of the horse, yet others want DNA samples plus money.

[horses first]

Yes your right there are a few and NY is one of the worse for fractional ownership. Also states aren't sharing prints so first year in IN need prints, if you go to NJ yep prints, if five years end up in any other state that same year...yep more prints for a another state. I know it's for the FBI background checks but beyond ridiculous.

[Brown jug]

the travel schedule for the horse noted would be fine and expected for a grand circuit horse not for an overnight horse who has made $10 k

[LUCPARK]

the travel schedule for the horse noted would be fine and expected for a grand circuit horse not for an overnight horse who has made $10 k

TRAVEL EXPENSE MORE THAN VALUE OF HORSE

[Lance]

Stable.Ca made some very astute purchases, look for a big year from TheStable this year. I'd say get in now while you can.

[Brown jug]

some details please
which horses are you specifically referring to
sale was down about 15% so  you need to compare to other horses sold at this sale to determine who got the best deals
 sorry to say but value is not always cheap

[Stan durbread]

Stable.Ca made some very astute purchases, look for a big year from TheStable this year. I'd say get in now while you can.

Put your money where you’re mouth is. Post purchases and percentages here. We will see how smart you are next year

[Brown jug]

they were the number 1 purchaser at Lexington .... head count of 18
avg cost per about $18,000 at the sale that averaged about $50,000 per horse
so you know what you are getting if you buy in

[horses first]

It may show they were the number one purchaser but that doesn't mean Tony buying 11 but also bought another 8 as a agent. Burke bought 15 but one of his primary owners Donovan bought 6 that all may end up with Burke. Or Takter purchases but a guy like Jom Glass is a agent for prominent ownere in Canada which use his farm for broodmare to be KY eligible and those yearlings will be Takter trainees. To the other point 18k average and what your buying into I like 1160 posts later sums it up.

[cigar]

Horses first?
What do you have about the stable that you are so against it?
The stable bought 17/18 horses cheap so what, he looked for value that’s been done before. You seem to just want to bash the concept? Who cares he buys horses and people buy shares, that’s the concept so they don’t all make $$$$$$$ so what, entertainment only he tells you that! Once in awhile one makes good e.g. swandre. At least he buys horses, you can’t race them unless you buy them and they don’t know what they cost. Some of the best were bought on the cheap end. He runs a stable that some people enjoy being part of, if they didn’t they wouldn’t buy shares but they do.

[Calhoun]

Horses first?
What do you have about the stable that you are so against it?
The stable bought 17/18 horses cheap so what, he looked for value that’s been done before. You seem to just want to bash the concept? Who cares he buys horses and people buy shares, that’s the concept so they don’t all make $$$$$$$ so what, entertainment only he tells you that! Once in awhile one makes good e.g. swandre. At least he buys horses, you can’t race them unless you buy them and they don’t know what they cost. Some of the best were bought on the cheap end. He runs a stable that some people enjoy being part of, if they didn’t they wouldn’t buy shares but they do.

That Lyin' Jim guy just hates that people can spend a thousand bucks and have fun in ownership. 

He'll tell you he's an expert but doesn't know  the difference between Average and Median sales price.

But he's good at counting other people's money. The best, in fact.

 

[Brown jug]

so my point really was that they bought well below the sale average and median
the sale was down about 15% so maybe the time to step up and buy a few decent ones in the $40-$50 range, many well bred ones went in that range but they just bought more cheap ones
sure one or two might work out but clearly the odds are against it
in other words if you buy in have realistic expectations based on what you are buying compared to what they have to race against

[horses first]

Cigar...once again thanks for following. I don't bash the concept if your buying cheap horses and they stay cheap horses no reason to allow the owners to dump shares for pennies and no reason to string them along when the horse can't provide the entertainment it was bought to provide. It's not like horse racing is cheap and that the stable is cheap at a 66 US dollar a day rate. He always says he treats the clients money like it is his money...really?