Weekly Update 01-10-18
By BG Racing Syndicates On 1st October 2018
My first full week dedicated to BG Racing is on the books. I got less done than I hoped but far more done than I would have if I had tried to manage a day job alongside. Things are getting sorted and the platform is being laid for me to crack on with a long list of things that I want to do.
I am off to see Johnny Farrelly on Thursday of this week as he was tied up on the days I was free last week. If Neil Mulholland comes to Fontwell on Friday, then I will probably also head down there to have a chat with him as he is pretty busy with runners this week.
The Way You Dance
All is fine with The Way You Dance. He is not doing too much yet as he builds back up to fitness.
I went through plans for The Way You Dance last week, but in case you missed the update, I can confirm that we will be keeping him going through the winter. There is plenty of all-weather racing and we can campaign The Way You Dance in staying handicaps on the all-weather if the ground on turf courses get very soft. If we do get some decent ground for hurdling, then we can also give him some staying hurdle spins as well. This should mean that we can keep busy and if he stays injury free we will have plenty of opportunities to see him run.
Whilst we have only been racing four times this year, we have had two wins and two places and arguably this has been his most successful season of the three we have had with him. I have no doubt that he can win again both on the flat and over hurdles and I think that next season could be better again with the same level of success, alongside more opportunities to see him race.
With the success that The Way You Dance has had this year, I will be increasing his value at renewal (see below). I will have a price for shareholding through to the end of October 2019 in the coming days and I will offer discounts for 5% and 10% share purchases. If you are interested in taking a share, please contact me and I will make sure that I send you all the details when they are available.
As mentioned above, I am off to Johnny Farrelly’s on Thursday and we are trying to arrange a get together for the former shareholders. Justice Super is still with Johnny as I have still not yet been able to find him a new home. I have had a fair bit of interest at different times, but nothing that has yet come to fruition and this will be a big focus for me in the next few weeks. If anyone reading this wants to give a lovely mild mannered horse a good home, then please get in touch. He wont be able to be raced or jumped but he will make a lovely hack or possibly dressage horse.
Similar update to The Way You Dance for My Brother. He is working back to race fitness at Neil’s. I will get down to see him on the gallops either next week or the following week and I should have some running plans in a similar timescale.
We intend to keep My Brother running through the winter as he should be better on winter ground and he has not been in full training for too long. This will hopefully mean that he will be running regularly in the first half of the next shareholding year as well as getting another run before renewal.
I will have a price for shareholding in My Brother through to the end of October 2019 in the coming days and I will offer discounts for 5% and 10% share purchases. If you are interested in taking a share, please contact me and I will make sure that I send you all the details when they are available.
From The Stables
Last Monday, Neil’s Appointment Only lost all chance at the start when pulling hard and not settling, whilst Alan Fleming’s Lappet probably also burned too much energy early on trying to hold her position and she faded out of the places late on.
We had a winner on Tuesday for Neil when Kristal Hart stuck on gamely to win at a decent price. Johnny had Courtlands Prince, Dalasiri and Hell of a Lady who all finished midfield.
After a blank Wednesday, Neil ran Soupy Soups on Thursday, but he did not run as well as hoped and was only third. Perfect Timing was well backed and travelled well to halfway, but then made a couple of terrible jumps and had no chance after that.
On Friday, Alan’s Cerealice failed to win her first race, fading in the closing stages to drop out of contention. Neither Novis Adventus nor Vancouver made the frame for Neil at Worcester and his other runner, Bit More was pulled up. There were no runners on Saturday or Sunday.
I am currently working on the renewal and valuation processes. Both The Way You Dance and My Brother renew on 1st November and I am working on valuing both horses, so I can calculate a share price for next year.
Development of BG Racing
There are three areas where I am looking to develop BG Racing, but I cannot make purchases in any area without knowing that I have interest from people. If you are reading this and may be interested in any / all of the following, please get in touch.
New Horse(s) – the obvious growth will be through new horses. I am inclined to look for a sprinter as the next BG Racing purchase. I would like to find a horse that is a robust type who can run regularly. Obviously wins will be less frequent, but we can get racing on a regular basis. I won’t however lose focus on the National Hunt and I will look for another Justice Super type who has potential to develop into another nice jumps type. I would like something that will make a chaser in time rather than having another flat/hurdling sort.
Breeding – Another area I am looking at is buying a filly with a view to breeding from her in retirement. This would be a slightly different ownership as it would require a longer term commitment, but it would give people a chance to see another side of the business and we would potentially generate returns from selling the offspring.
Foal / Yearling Investment – This would be a high risk “investment” option with investors’ money being pooled to buy one or more foals or yearlings with the aim of bringing them through to sell for profit. Returns could be anything from zero to a massive profit, but the it will give people the chance to get involved in the racehorse sales process.
Buying a share in a BG Racing horse is a decision that you will not regret. All quoted prices include the purchase price of the horse and should you decide to renew for a second year, you will only need to pay training fees which are under £200 per 1% share. If you are interested in discussing what is involved, then please do get in touch as I would be delighted to discuss things with you.
I also have an e-book entitled “Racehorse Ownership – Everything You Might Have Wanted To Know But Would Not Have Known Who To Ask“. This is free and the download page can be accessed by following this link: https://www.bgracingsyndicates.co.uk/subscribe-for-our-free-guide/
Have a great week.
6 months ago / Comments Off on Weekly Update 01-10-18