Big Money in Broodmares on the Gold Coast

Big Money in Broodmares on the Gold Coast

Champion racemare Jameka will embark on her next life in the breeding barn after she sold for $2.6 million to top a vibrant opening day of the 2018 Gold Coast National Broodmare Sale.

The triple Group One winner could visit exciting freshman sire Merchant Navy after she was purchased outright by original part owners Colin and Janice McKenna of Warrnambool.

Offered by Ciaron Maher Racing with her proud trainer watching her go under the hammer, Jameka was the headline act and McKenna said he was delighted to be able to secure his all time favourite galloper for her breeding career.

“She’s been very good to us,” McKenna said. “She won nearly $5 million so I don’t think it was a big outlay.”

“We expected her to make somewhere between $2.5 million and $3 million – that’s what I thought anyway – I’m very happy and the wife really wanted her back.”

“We love these horses and they are our lives and Jameka was a pretty big part of that. She won the Caulfield Cup but I think her best win was the BMW at weight-for-age – there’s not too many mares that can flog the colts and geldings.”

“She will go to a nice stallion and we’ll see what happens from there,” McKenna added.

Last year the McKennas sold their former star gallopers Gregers and Petits Filous for seven figure prices at the National Broodmare Sale.

The second top seller of the day was the former explosive group winning race filly Omei Sword. The well related daughter of High Chaparral sold for $1.7 million to Dean Hawthorne Bloodstock and Freyer Bloodstock.

Hawthorne and Freyer will be hoping for the same future success they achieved when they teamed up to buy The Broken Shore from the National Broodmare Sale – she was carrying the current Group One star Shoals at the time.

“We thought she would be well sought after and we’d have to stump up to get her,” Hawthorne pointed out.

“She went for a little bit higher than we thought originally but when you’re chasing these big mares you’ve got to pay because everyone wants them.”

“She will go straight to stud,” Hawthorne added. “She will go to the Northern Hemisphere and then we’ll sit down and work out her future from there.”

Popular Melbourne sprinting mare Silent Sedition was another big seller during the afternoon with Japanese breeder Katsumi Yoshida purchasing her for $1.5 million.

Baystone Farm offered the William Reid Stakes winner on behalf of owners including Tom Curnow – the connections who purchased her originally from the Perth Yearling Sale for just $45,000.

“I’m absolutely happy with it,” former owner Tom Curnow said. “She’s been a wonderful horse for us.”

“I must give great credit to Andrew Noblet, the trainer. He’s been sensational in the way he’s looked after her during her entire career,” Curnow added.

Earlier in the day Abbey Marie became the first seven figure seller of the sale when she was sold for $1.4 million after being offered by Segenhoe Stud Australia.

As was the case with Omei Sword the winning bidder was the partnership of Dean Hawthorne and Jon Freyer.

“We thought she was the filly of the day,” Hawthorne said. “She has so much quality.”

“She has a great pedigree. She’s a good, tough sound mare. She just oozed class. She’s a cracker.”

All up today with just the race fillies and maiden mares and a select group of stallion shares and lifetime breeding rights on offer the gross was over $31.7 million with a healthy average price of over $166,000. The clearance rate was over 85 per cent which was a great indicator of a healthy market.

“It was a sensational day’s trade,” Magic Millions Managing Director Barry Bowditch said.

“With Jameka going in we said she was the star act. She’s a quality mare and for her to make $2.6 million was a great result for all and I’m thrilled for Colin McKenna who’s had such a great affinity with her, was able to buy the rest of the syndicate out.”

“All in all we’re really pleased with the day’s proceedings and hopefully onwards and upwards over the next few days,” Bowditch added.

“We have some great offerings tomorrow and Heatherly is expected to be one of the stars – above all that we’re looking for solid trade and we want all the vendors who have supported us to get a win.”

Day Two of the National Broodmare Sale will commence at 10am (AEST) on Wednesday with the first offerings of mares who’ve been to stud.

To view a video of today’s proceedings on the Gold Coast click here. And to view the complete results and to make an offer on a passed in lot click here.

DAY ONE STATISTICS
(New format in 2018)

Lots Catalogued: 257
Lots Sold: 190
Lots Passed In: 33
Lots Withdrawn: 34
Top Price: $2,600,000
Average Price: $166,987
Sale Gross: $31,727,500
Median Price: $51,000
Sold %: 85.2

DAY ONE TOP SELLERS

$2,600,000 – Jameka (Lot 1606)
Vendor: Ciaron Maher Racing (As Agent) / Buyer: Halo Racing Services Pty Ltd (Vic)

$1,700,000 – Omei Sword (Lot 747)
Newgate Farm (As Agent) / Dean Hawthorne B’stock/Freyer B’stock (NZ)

$1,500,000 – Silent Sedition (Lot 784)
Baystone Farm (As Agent) / Katsumi Yoshida (Japan)

$1,400,000 – Abbey Marie (Lot 606)
Segenhoe Stud Australia (As Agent) / Dean Hawthorne Bloodstock/Freyer Bloodstock (NZ)

$950,000 – Notting Hill (Lot 743)
Coolmore Australia (As Agent) / Newgate Farm (NSW)

Former outstanding racemares Diademe and Heatherly were the star sale ring performers on Day Two of the Magic Millions Gold Coast National Broodmare Sale when they sold for $1.7 million and $1.6 million respectively.

Group One winner Diademe (pictured) rounded out the day as the highest priced seller when she was knocked down to Michael Wallace acting for the China Horse Club.

Offered by Coolmore Australia, Diademe was previously owned in partnership by the China Horse Club, but today that operation went to $1.7 million to secure the exciting producer outright.

So far Diademe has produced two foals. The first was sold for NZ$1 million as a yearling, while her second, a Fastnet Rock colt sold for $650,000 at last week’s National Weanling Sale in the same sale ring.

“Obviously she is a Group One winning mare by Savabeel,” Wallace said. “She’s put down two wonderful foals with her first two foals and she’s a Grade A specimen physically.”

“She’s got everything going for her,” he added. “It’s been well documented the ownership that was involved with her so it was good to get that tidied up and move along with a nice mare.”

Wallace said no definite decision had been made where Diademe will head after she produces a Vancouver foal in a few months time.

“We have a strong interest in Russian Revolution so he would be seriously considered for her going forward and you’ve got the champion stallions like Snitzel and I Am Invincible who would be in the mix for her.”

Later in the day Group Two winning Melbourne sprinter Heatherly was knocked down to New Zealand based bloodstock agent Paul Moroney acting in partnership with Sir Owen Glenn’s Go Bloodstock Australia.

Presented by Yarran on behalf of owners Barrie and Midge Griffiths, Heatherly attracted an opening bid of $1 million at which time it was announced she was on the market. In the end it was Moroney’s bid of $1.6 million that came out on top.

Go Bloodstock Manager Geoff Roan said it was a relief to be able to buy one of their star picks of the sale.

“We’ve had a go at a couple of others and missed,” Roan said. “It’s a really strong sale.”

“We picked her out really early as one we would target. We didn’t expect her to go to that level but she was one we thought we’d really like to have for Sir Owen Glenn and she will go to Russian Revolution – it will be a perfect mating.”

“We have followed her for a while and always liked her,” Roan added of Heatherly. “We thought she had such good strength and physicality. Sir Owen loves that high quality and he just said to me – don’t get beat!”

One of the early big sellers on the day was the good looking grey mare Arabian Gold who was purchased by Paul Guy’s Heritage Bloodstock for $900,000.

Arabian Gold, a Group Two winner, was a member of the quality draft from Queensland’s Element Hill operation.

“She’s a good style of mare,” Guy said. “She’s a typical Dubawi – he’s just been such a wonderful sire worldwide and she was such an exceptional racemare.”

“She was tough and genuine with great ability and that’s what we were ultimately looking for,” Guy added.

Prominent Western Australian breeder Ellie Giles was all smiles during the afternoon when her top producing mare Fiorentina (Lot 1066, in foal to Fastnet Rock) was sold to Mark Pilkington and Tom Magnier for $850,000.

Segenhoe Stud Australia presented the horse on behalf of Giles who made the trip across from Perth to see her mare go under the hammer.

It was a big couple of days for Fiorentina, a half sister to Dubai World Cup winner Monterosso, as her Group One winning daughter Silent Sedition was sold yesterday for $1.5 million.

After two days of selling the National Broodmare Sale gross has soared over $66 million for 422 lots sold at an average price of $156,768 at an impressive clearance rate of over 84 per cent.

“It was a sensational day’s trade,” Magic Millions Managing Director Barry Bowditch noted. “It was probably one of the strongest day’s selling we’ve had here.”

“Vendors are delighted with the way the sale went and buyers as a whole have been very confident in the market, they’ve bid strong and we’re pleased where we’re at.”

“I was a little cautious today how the mares in foal would go – having a big catalogue of them. But it’s a very solid sale. To be clearing some 84 per cent and for the average to be holding up somewhere near what it was yesterday is sensational.”

To see a video review of today’s action from the sales complex click here. To view the full results and to make an offer on a passed in lot click here.

Day Three of the 2018 Magic Millions Gold Coast National Broodmare Sale will be held from 10am (AEST) tomorrow (Thursday).

SALE STATISTICS

Lots Catalogued: 583
Lots Sold: 422
Lots Passed In: 80
Lots Withdrawn: 81
Sale Gross: $66,156,000
Average Price: $156,768
Top Price: $2,600,000
Median Price: $65,000
Sold %: 84

DAY TWO TOP SELLERS

$1,700,000 – Diademe (Lot 1007)
Vendor: Coolmore Australia (As Agent) / Buyer: China Horse Club (NSW)

$1,600,000 – Heatherly (Lot 1098)
Yarran (As Agent) / Go Bloodstock Australia/Paul Moroney B’stock (NSW)

$900,000 – Arabian Gold (Lot 867)
Element Hill (As Agent) / Heritage Bloodstock (Vic)

$850,000 – Fiorentina (Lot 1066)
Segenhoe Stud Australia (As Agent) / Mark Pilkington Management/Tom Magnier (Vic)

$800,000 – Gold and Diamonds (Lot 1078)
Newgate Farm (As Agent) / Yu Long Investments (Australia) Pty Ltd (Vic)

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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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