Magic Millions: Spectacular Results for Segenhoe

Magic Millions: Spectacular Results for Segenhoe

Magic Millions: Spectacular Results for Segenhoe

Segenhoe has been producing some high quality yearlings over the last few years and has seen plenty of success on the race course. At the Magic Millions Sale on Australia’s Gold Coast Segenhoe certainly outperformed.

With total sales of $7,750,000 across 19 yearlings (av $409,211 ) Segenhoe Stud Australia had a record year.

The top lot was a $1,900,000 I Am Invincible-Electric Dreams colt (Lot 686).

Segenhoe performed exceptionally well, the average Segenhoe sale was $180,000 above the Book 1 average, the Book One sale rounded out with a gross of almost $156 million – over $22.6 million higher than last year. The average soared to exactly $228,000 while the clearance rate was a record equalling 89 per cent.


SALE STATISTICS
(2017 in brackets)

Lots Catalogued: 853 (816)
Lots Sold: 684 (649)
Lots Passed In: 87 (100)
Lots Withdrawn: 82 (67)
Sale Aggregate: $155,952,000 ($134,292,500)
Top Price: $2,000,000 ($1,300,000)
Average Price: $228,000 ($206,922)
Median Price: $170,000 ($160,000)
Sold %: 89 (87)

LEADING VENDORS
(ranked by average – 3 or more sold)

$427,143 – Yarraman Park Stud – 21 sold
$416,250 – Eureka Stud – 4 sold
$409,211 – Segenhoe Stud Australia – 19 sold
$395,909 – Bhima Thoroughbreds – 11 sold
$336,875 – Vinery Stud – 16 sold
$333,889 – Milburn Creek – 9 sold
$328,125 – Cressfield – 8 sold
$326,875 – Attunga Stud – 8 sold
$318,750 – Glenlogan Park – 4 sold
$304,412 – Element Hill – 17 sold

Segenhoe Stud, nestled in the upper Hunter Valley is a world-class stud farm featuring approximately 10km of Hunter River frontage. Offering clients both full-time and seasonal agistment, mare walk-outs, sales preparation and rehabilitation.

The farm has access to over 1300 megalitres of water annually leaving the property lush and fertile. The stud recently expanded, doubling in size with the acquisition of five new properties and the development of a state-of-the-art, 200 acre spelling and rehabilitation complex known as the Segenhoe Spelling Complex.

Segenhoe Stud’s facilities and quality staff enable us to manage and care for your thoroughbred assets from birth through their racing careers and then on to their breeding phase of their life. Under the ownership of the Maloney family, we are continually developing a high quality band of young Stakes-winning Australian and International broodmares including Hurtle Myrtle, Sister Madly, Mimi Lebrock, Set For Fame, Buckleupbuttercup (USA), My Chicharita (NZ), Deer Valley, Swiss Rose (NZ) and Radharcnafarraige (IRE).

Segenhoe Stud offers permanent and seasonal agistment facilities as well as sales consignment preparation. We understand our Clients have a lot riding on their assets and with Segenhoe Stud’s experienced staff, we ensure every thoroughbred receives the highest level of care and attention for every horse to reach their full potential.

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Shayne Heffernan Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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