Weekly Update 28-10-19
By BG Racing Syndicates On 28th October 2019
It is a busy time of year for me and this update contains all the normal weekly news, as well as early details of the future shareholding options.
This week, I am overhauling the website content to update it, especially the various horse pages. This does mean that you may find some stuff in here that I have not yet put on the other website pages, but the changes should be made this week.
I am producing “a prospectus” providing full details of the share options and background on each horse which will go into more detail than below. This will be uploaded to the website once complete.
Please contact me, via the website contact page if you want any information on any of the future shareholding options. I will be contacting people who have already expressed interest, individually, in the coming days.
I am aware that all the horses shareholding options run at the same time and for many people, a full year’s outlay in one hit is a pretty significant commitment, so please also consider making payments to me via monthly standing order across the year, if this suits you better.
In the sections below, I quote share prices for 1% purchases and discounts for 5% and 10% purchases. If you would like shareholding in multiple horses that adds up to more than 5% or more than 10%, then please contact me as I may be able to offer some discount even if your share of a specific horse is less than 5%.
The Way You Dance
I am delighted to report that a lady has agreed to take ownership of The Way You Dance. She is someone that the team at Tattenham Corner stables know and she is sure to provide him with a lovely home. He will be based at a yard about five miles from Michael Attwater and we will be kept updated with progress. A non-racing agreement has been put in place for him.
“Bruv” is back in at Neil’s and walking every day on the horse walker. I have spoken to Neil and others about his valuation for the coming year and whilst Neil and the vets are very confident that he will return as good as ever, everyone I have spoken to has indicated that his absence would probably significantly impact on his valuation if he was sent to the sales now. The suggested valuation of him for this year is, therefore, £5,000. This will look a bargain by the end of the year if he returns to the racecourse at the expected level, but the valuation has to be the best estimate of the price we would obtain if selling now.
This means that new shareholding can be purchased at £65 per 1% share (£300 for 5% and £550 for 10%). The training/renewal fees for November 2019 to October 2020 will be £250 per 1% share (£1150 for 5% and £2100 for 10%).
Fr Humphrey has been entered for a race at Taunton on Wednesday. A final decision will be made tomorrow morning after we review his handicap reassessment. If the handicapper gives him a significant increase for finishing close at Kempton, then Fr Humphrey could run at Taunton off his current mark, i.e. less than he will carry in the future. He could win at Taunton off his lower mark possibly without even attracting any additional weight increase and hopefully still run as planned at Huntingdon 13 days later.
It is going to be a last-minute call. If he gets no (or only a small) increase tomorrow then it would make sense to wait for the Huntingdon race, but if he gets a big increase then it would make sense to try run at Taunton.
This race would fall within the current shareholding period, but I have already started looking at the two horses for one price shareholding option for November to April. This will cover two chasers, Fr Humphrey and Mount Oliver. Fr Humphrey will run in November and March and there may be one or two additional runs in the period, whilst Mount Oliver should run at least 5 times in the same period.
Both horses will be in training for the full six months (normally in a 12 month period, I allow for two or three months of non-training). and this means that the six month period will be £270 for 1% (£1250 for 5% and £2,250 for 10%) but this will get you ownership of both horses and full share of any prize-money won (which would be significant if Fr Humphrey runs well in the veterans chase final that we are aiming him at).
Anjaal / Silver Miss Filly
I went to see the filly on Thursday at Michael Attwater’s and she is looking really well. Michael hopes to have her on the track in the first quarter of 2020 and she should be able to run regularly during the year.
She is a proper flat racing filly and could be anything. The fees for her will cover the period to 31st December 2020 and will be £240 per 1% share (£1,100 for 5% and £2000 for 10%).
Yeats / Alverstone Filly
This one will be with Neil Mulholland and will run one or two bumpers at the back end of this season and then go novice hurdling at the start of next season. My aim is to ensure we have the option of two years with her. Whilst she may only run three or four times between 1st November this year and 31st October next year, she really could be anything and whilst she might end up being quite ordinary, she could be a top-level performer able to contest big races. She will be £250 per 1% share (£1150 for 5% and £2100 for 10%) covering the period to 31st October 2020.
Ascot Discover Racehorse Ownership Weekend
As mentioned last week, I have an exhibition stand at Ascot racecourse for their two-day meeting on 22nd and 23rd November and the new filly with Michael is booked to be involved in a syndicate horse parade on Saturday. If you are at Ascot on either day, please come and say hello.
As mentioned last week, I am also planning to do the “normal” stable visit and lunch at Neil’s for Christmas. This will be on the Sunday after the December Christmas meeting, the 15th. Please get the date in the diary. I am sorting a date for a similar event at Michael’s on Epsom Downs. This is likely to be on Sunday, December 1st – but this date is still to be confirmed. Whilst these are shareholder events, I would be happy to try to accommodate anyone interested in getting involved with BG Racing, so feel free to contact me for details.
From The Stables
Last Monday, Neil Mulholland’s Delannoy and Code of Law, plus Johnny Farrelly’s Western Sunrise were all unplaced at Plumpton. On Tuesday, Neil’s Pania unseated and Putting Green was unplaced. Johnny had the same combination when Chance It unseated and Breffniboy was unplaced! Simon Earle’s filly Kilkeaskin Molly stayed on well to finish 3rd.
Neil had a winner on Wednesday when Hygrove Percy won, but his other Fontwell runners fared less well with Presenting Lucina, Glangar and Sambella all unplaced. His Worcester runners did not place either, Bootlegger and Queens Magic out of the frame. Johnny’s Love the Leader was 2nd at Fontwell, but Michael Attwater’s Lady Phyllis and Lady Codee were unplaced on the all-weather.
Thursday saw Prettylittlething fail to make the frame for Neil and on Friday at Cheltenham, his No Hidden Charges and Sleep Easy were unplaced before The Wicket Chicken was pulled up. In the same race, however, Doing Fine was 4th and Fingerontheswitch was 3rd. The Twisler was unplaced in the last. At Newbury, Michael’s Mountain Rescue was unplaced.
The rains came ahead of Saturday racing and Neil’s Shantou Village and The Young Master were non-runners due to the ground leaving him with only Dead Right who was unplaced. Johnny’s Doubly Clever unseated down the back straight and Michael’s Daniel Dravot was also unplaced at Chelmsford.
The period finished with Sunday racing and two 3rd place finishes for Neil. Vancouver fared better than his starting price of 40-1 would have suggested and Green or Black followed this up later on the card.
If you are interested in finding out more about 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 here.
Have a great week.
3 months ago / Comments Off on Weekly Update 28-10-19