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Capitalist Continues to Impress

Young gun sire young gun sire Capitalist made his presence felt on Sunday at the Inglis HTBA May Yearling Sale at Riverside Stables.

The top lot was a Capitalist x Glistening Light colt offered by Huntworth Stud – in conjunction with Redbank North – which sold to Peter Moffatt and Mitchell Williams Bloodstock for $140,000.

The colt became the second-most expensive yearling ever purchased at the HTBA May Sale.

“Peter Moffatt will be taking him to the breeze-up sales here in October. Peter used to work with me at Tal Nolen’s but he’s doing his own thing now in Wangaratta, so hopefully he gets a good result with this horse,” Williams said.

“It has been pretty tough to get them, everyone’s on the same sort of horses and they’re making a bit more money than they used to, those running types.

“Being by Capitalist, he’s the right horse if you want to get a hit out of one and make big money, he’s the flavour of the month.

“He’s a good-bodied and good moving horse who has done everything right, so I think he will be a good breeze-up horse.’’

Huntworth Stud’s Peter Stewart and Bridgett Woodford-Smith purchased the dam Glistening Light for $45,000 at the 2019 Australian Broodmare Sale, in foal to Capitalist.

The star colt is the first from well bred Exceed and Excel mare Glistening Light, a daughter of Group I placed Glowlamp.

Stewart and Woodford-Smith were originally planning on selling the horse at this year’s Classic Yearling Sale but opted to hold off for the May Sale, a decision which proved fruitful.

“On pedigree he could have got into Classic but being a November foal, he was just a little bit behind so on the advice of Inglis, we decided to keep him until this sale, particularly because this sale was here at Riverside instead of Scone and it did him so much good because he’s just matured so much,’’ Stewart said.

“I’m not at all surprised by how busy it’s been here all week and how well the sale is going because the yearling market has been so strong and there’s some lovely-bred horses in the catalogue.

“He was really busy all week and there have been some very good people look at him, people I really respect in the industry. He’s a lovely horse, his X-Rays are perfect, he’s got a beautiful temperament, he’s just a lovely colt.’’

The sale continues.
made his presence felt on Sunday at the Inglis HTBA May Yearling Sale at Riverside Stables.

The top lot was a Capitalist x Glistening Light colt offered by Huntworth Stud – in conjunction with Redbank North – which sold to Peter Moffatt and Mitchell Williams Bloodstock for $140,000.

The colt became the second-most expensive yearling ever purchased at the HTBA May Sale.

“Peter Moffatt will be taking him to the breeze-up sales here in October. Peter used to work with me at Tal Nolen’s but he’s doing his own thing now in Wangaratta, so hopefully he gets a good result with this horse,” Williams said.

“It has been pretty tough to get them, everyone’s on the same sort of horses and they’re making a bit more money than they used to, those running types.

“Being by Capitalist, he’s the right horse if you want to get a hit out of one and make big money, he’s the flavour of the month.

“He’s a good-bodied and good moving horse who has done everything right, so I think he will be a good breeze-up horse.’’

Huntworth Stud’s Peter Stewart and Bridgett Woodford-Smith purchased the dam Glistening Light for $45,000 at the 2019 Australian Broodmare Sale, in foal to Capitalist.

The star colt is the first from well bred Exceed and Excel mare Glistening Light, a daughter of Group I placed Glowlamp.

Stewart and Woodford-Smith were originally planning on selling the horse at this year’s Classic Yearling Sale but opted to hold off for the May Sale, a decision which proved fruitful.

“On pedigree he could have got into Classic but being a November foal, he was just a little bit behind so on the advice of Inglis, we decided to keep him until this sale, particularly because this sale was here at Riverside instead of Scone and it did him so much good because he’s just matured so much,’’ Stewart said.

“I’m not at all surprised by how busy it’s been here all week and how well the sale is going because the yearling market has been so strong and there’s some lovely-bred horses in the catalogue.

“He was really busy all week and there have been some very good people look at him, people I really respect in the industry. He’s a lovely horse, his X-Rays are perfect, he’s got a beautiful temperament, he’s just a lovely colt.’’

The sale continues.

S. Jack Heffernan Ph.Dhttps://www.shayneheffernan.com
S. Jack Heffernan Ph.D. 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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