‘The Pinhook Files’ PBI Newsletter June 2020
It has been a while between drinks on the newsletter front so hopefully not information overload! Included in the newsletter are 'Whats Ahead in the Forthcoming Month'; PBI 2020 Pinhook Results; PBI Winners; Observations and musings of my recent trip(s) to South America; and Information on a well bred filly available for lease. I hope you enjoy!
WHAT'S AHEAD?
LIVE WEANLING, YEARLING AND BROODMARE SALES!
Pending any sale dates or formats being changed, Dave Mee will be in attendance at the following live auction sales in July.
Over the last few weeks, Dave has also been fortunate enough to inspect a good number of Easter yearlings, Scone yearlings and Sydney and Melbourne weanlings on the stud farms,
Inglis Scone Yearling Sale
Location: Sydney
Sale Date: July 5
2019 Avg: $15,797
Inglis Australian Weanling Sales
Location: Sydney
Sale Date: July 8
2019 Avg: $36,088
Inglis Great Southern Sale
Location: Melbourne
Sale Date: July 12
2019 Avg: $32,275
Magic Millions National Broodmare Sale
Location: Gold Coast
Sale Date: July 20-22
2019 Avg: $135,448
Magic Millions National Weanling Sale
Location: Gold Coast
Sale Date: July 23-24
2019 Avg: $59,539
Magic Millions National Yearling Sale
Location: Gold Coast
Sale Date: July 27-28
2019 Avg: $37,344
Inglis Easter Yearling Sale (Round 2)
Location: Sydney
Sale Date: July 5
2019 Avg: $353,511
Should you need auction representation we would love to hear from you.
"Here at PBI we are striving to be the best and while we cannot guarantee you a Gr 1 winner or a Million-dollar yearling we can guarantee you skill, integrity and experience to give you the greatest probability of success and enjoyment." Dave Mee
2019-2020 PINHOOKS
PBI were delighted with the results of our weanling purchases and pinhooks from 2019.
Highlighted by:
Shalaa x Backless (Cape Blanco) colt.
Purchased for $75,000 as a weanling and re-sold for $275,000 (D Redvers/Sandhurst B’Stock/Suman Hedge/McEvoy Racing).
And solid returns with:
Sir Prancealot x Abdaan (Not a Single Doubt) colt
Purchased for $22,500 as a weanling and re-sold for $60,000 (Lisa Latta Racing)
Rubick x Crown Agnes (Agnes World ) filly
Purchased for $30,000 as a weanling and resold for $65,000 (Gold Edge Syndications)
Special mention also to an outstanding Maurice x Princess Natural (Danehill Dancer) colt purchased for $75,000 as a weanling but unfortunately a late scratching (while on the grounds at the Karaka yearling sale) We will thankfully see him strut his stuff again at the NZB Ready to Run sale in November
Other nice results in 2020 from progeny of mares purchased at previous broodmare sales were:
Come Fly With Me (More Than Ready) purchased for $20,000 in 2019 – her daughter Sizzlefly has subsequently won three metro races and a 3rdplacing in the Redelva Stakes (Listed).
White Dove (High Chaparral) purchased for $32,000 in 2018 with Berkley Stud (NZ)in foal to Puissance de Lune. The resulting yearling sold for $120,000 in NZ Karaka in Jan.
Boom Time Savings (Secret Savings) a former high quality 2-year-old that ran 3rd in the Golden Slipper, purchased for just $2,000!, her Shalaa yearling made $220,000 at Inglis Classic.
WINNERS
Some of the winners purchased and sourced by PBI in the last few months:
ROSE OF SEBRING
Sebring 3yo filly. 3:1-1-1 $33,888
A $90,000 yearling purchase with Flying Start Syndications, this filly was an impressive Ballarat winner by 5.5 lengths and had two metro placings in good company. She is back in work and aiming for Spring targets.
BAREFOOT
Show a Heart 4yo mare. 24:4-5-1 $364,975
This $65,000 yearling purchase (with Zandra Fleming) saluted for her 4th win at Eagle Farm on June 13 for Tony and Maddy Sears. She starts again in the Tea Sapphire Stakes (Group 3) on June 27th.
PADDY MAC
Raise the Flag 4yo. 4:2-1-1 $34,948
Purchased privately from NZ on behalf of Wilde Racing (VIC).
Two impressive wins and a close 2nd carrying 61.5kg since arriving in Aus. We are taking a lot of satisfaction from this one as we purchased Paddy Mac from friends in NZ. Currently spelling with Spring targets in mind
GEORGETHEFIFTH
Sakhee's Secret 5yo. 52:4-9-5 $106,758
Like a fine wine this guy keeps improving and has been a revelation since his private purchase from NZ for Wilde Racing. 7 placings on the flat and 2 ultra impressive wins (from 11 starts) over steeples by a combined 17 lengths!
A very promising chaser for the future.
HINYUEN SWIFTNESS
Duke of Marmalade 7yo. 47:7-6-4 HK$4,368,255
A private purchase out of Melbourne as a 3yo, this hardy sprinter saluted twice in May in Class 4 1200m's to take his tally to 6 wins since arriving in HK
LATENIGHTOUGHGUY
Written Tycoon 3yo. 1:1-0-0 $12,650
A $65k purchase by Golden Gully T'breds and trainer Kym Hann. Dave Mee at PBI is delighted to be in the 3yo's ownership with other friends. A Cranbourne trial winner by 6 lengths and an impressive debut win by 4.5 lengths. Exciting times ahead for this guy. Scheduled to return to race day mid July
BUSTER BLOCK
Reset 6yo. 18: 7-3-2 $83,450
An $18,000 racehorse purchase from an Inglis August sale this guy has been patiently and expertly handled by Pete Cullen and has reeled off 4 wins from his last 6 starts. Next stop is the Townsville Cup
Other winners purchased by PBI include Cisco Bay, Mansa Musa, Coco Cuber, Hard Lady, Devils Temptation, Clear Choice x 2 (HK), Fire and Gold (HK), Al Me Gal x 2, Tales of the Heart, Maya Bay, Bevan Street
ARGENTINA and CHILE
Dave has ventured to South America twice in the last six months.
The motivations for doing so were numerous but, as so often happens when you travel to new places, exciting opportunities can present themselves as you meet new people and see new things, and this has certainly turned out to be the case.
The first trip was more an exploratory trip to both Chile and Argentina, and in the company of US friend Jesse Davison we were fortunate enough to be hosted by our friends JP Sullivan and Christian Benavente from Sullivan Bloodstock in Chile and then Ezequiel Valle in Argentina who took us to view some of the leading Stud Farms and training stables in and around both Santiago and Buenos Aries.
Both countries have a long and proud history of producing quality racehorses that have performed at the highest level and it’s almost offensive to highlight only so few in this newsletter but, recognisable horses that have originated in South America and performed on the international stage are horses such as champion racehorse Forli (sire of Special, dam of Nureyev and grand dam of Sadlers Wells), elite US stallion Candy Ride, recent Breeders Cup winner Blue Prize and more familiar to us down under, the quality racehorses and stallions Hussonetand Husson.
Some of the observations made on the two visits have been (in no particular order):
The environment for raising horses is first class. You'd probably call it a more natural and rawer environment than we do things here in Australia but the land quality, pastures, husbandry etc. provide a wonderful mix for growing out happy healthy, fast, durable horses.
Both Santiago and Buenos Aries are on a similar latitude to Sydney and Auckland, so it was no real surprise that both the air quality and even plant life and vegetation were quite similar to what we see here at home
The thoroughbred breed overall appear to be a lot more durable than many countries I have visited and I’d say there are numerous reasons for that but, in part this is due to the breeders being a lot more selective as to what animals they breed to start with and the fact their outlook and race programming is tailored more towards 3yo racing and older (as opposed to early 2yo speed).
Their bloodlines offer predominately Danehill outcross lines
Obviously the female families are very South American(centric) but there is a lot of excellent, recognisable blood in behind these families especially when mares are covered with the shuttle stallions they get from the US or Europe (i.e. Scat Daddy shuttled to Chile for many years and Mastercraftsman was just finishing a covering season at Haras Firmamento when I visited in Dec).
The prize money levels are VERY low compared to Australia but at the same time the training costs with top line trainers are around 70-80% less of what it costs to keep a horse in work with a leading Aussie metro stable.
The single biggest hurdle and handbrake to buying/selling/trading horses out of South America is the quarantine restrictions between (any country in) South America and either Aus or NZ. There is a little bit more to it but, any horse coming out of there intending to travel to Aus or NZ must spend at least 6 months in an approved country in between times.
So with all of the above in mind, Dave took the gamble and returned to Buenos Aries, Argentina in March for the premier yearling sale run by two of the leading Stud Farms Haras Vacacion and Haras Abelongo where 109 premier yearlings were on offer and he was delighted to secure two beautiful yearling fillies for a Singapore based syndicate.
US$125,000 was paid for a daughter of South America’s most young exciting stallion Fortify (Distorted Humor). Named Joy Rosita, she a sister to the Grade 1 winner Roman Joy and a daughter of the Grade 2 winner The Rosy (Hennessy)
Also purchased was an In The Dark (Mutakddim) filly named Laboreana, for US$38,000. She is a half-sister to Grade 1 winner Lenovo (Roman Ruler)
Both fillies will remain in Argentina to be broken and educated and when the time is right they will be sent to Singapore in 12 to 18 months’ time. If either can gallop and show potential, we will then strongly consider bringing them to Australia.
Dave plans to return (hopefully) in the not too distant future to further other opportunities.
Stay tuned!
This Dissident filly was purchased for $100,000 at the 2020 Easter yearling sales and a rare opportunity has become available to share a part of the lease in an absolute rock star of a horse.
She has been broken in and in the system of leading Sydney trainer Brad Widdup
Both BOBS and Inglis Race Series payments have been made by the owner!!
A wonderful opportunity to become involved in all that racing has to offer with no upfront costs.
By the horse of the year Dissident from a wonderful European family. She is also the half sister to multiple 2019 stakes performer Lucicello.
Please click here for full pedigree page
Genuinely only a smaller shareholding left so please contact Dave Mee ASAP for further details.