KARAKA 2005: Select Sale Summary

The success of the Premier Sale has had a flow-on effect into New Zealand Bloodstock's Select Sale as it concluded today with increases in aggregate, average and median. Significantly, with just two sales sessions completed (Premier & Select), the Sale has already grossed in excess of the combined aggregate for all three sales sessions last year.

The combined aggregate of the Premier and Select Sales last year was $60,631,650, and leading into the Festival Sale, the third and final session of the National Yearling Sales at Karaka, the aggregate is already $64,445,500. This shows a significant increase in returns to vendors this year for fewer lots sold so far, and with 443 horses still to be offered.

The sale median was stable at $30,000 right to the end of the Select Sale, a 15% increase on the final sale median last year of $26,000. The average recorded an 11% increase on last year's final average, at $33,740. The aggregate for the Select Sale was $11,539,000 for 70 fewer lots catalogued.

There was an active market for good quality yearlings, but buyers were still selective in their choices. The final clearance rate was 73%, up slightly on the previous day, but down 6% on last year's clearance rate.

Day two didn't manage to topple the top price set on day one by Lot 637, a colt by first season sire, Black Minnaloushe, from the Straight Strike mare, Riposte, purchased by Richard O'Gorman Bloodstock for $140,000 from Haunui Farm.

There was a strong New Zealand presence on the buying bench, but international buyers, particularly from Australia including John Morrissey and Aquanita Bloodstock, were also very active.

The leading Select Sale buyer was Premier Sale leading buyer, Graeme Rogerson. Rogerson supplemented his 27 purchases from the Premier session with a further 15 at the Select Sale for $682,500. His top priced purchase in this session was Lot 699, a colt by first season sire, Keeper, from Startling Lady (Gold and Ivory) purchased for $100,000.

Other leading buyers included New Zealand Bloodstock as agent with 24 yearlings purchased for $678,000, Paul Moroney Bloodstock with 14 purchased for $589,000, and Lance O'Sullivan with 7 purchased for a total of $363,500.

The leading vendor by aggregate was Windsor Park Stud with 24 yearlings sold for $1,001,500. The next highest was Rich Hill Stud with 20 sold for $629,000.

2005 FINAL SELECT SALE RESULTS

FINAL SELECT SALE AVERAGE = $33,740
11% increase from 2004
2004 Final Select Sale average = $30,331

FINAL SELECT SALE AGGREGATE (512 LOTS) = $11,539,000
2004 Aggregate after 512 Lots = $10,966,000
5% increase at same stage in 2004
2004 Final Aggregate = $12,587,500 (582 lots)

FINAL SELECT SALE LOTS CATALOGUED = 512
FINAL SELECT SALE LOTS SOLD = 342

FINAL SELECT SALE CLEARANCE RATE = 73.4%
2004 Overall Select Sale Clearance rate = 79%

FINAL SELECT SALE MEDIAN = $30,000
15% increase from 2004
2004 Overall Select Sale Median = $26,000

FINAL SELECT SALE TOP PRICE = Lot 637, Black Minnaloushe x Riposte $140,000 2004 Overall Select Sale Top Price = Lot 1088, Cape Cross x Gardenia $190,000

LEADING BUYER BY AGGREGATE = Graeme Rogerson, 15 purchased for $682,500

TOP TEN LOTS

LOT 637 (BLACK MINNALOUSHE x RIPOSTE) $140,000
Sold by Haunui Farm Purchased by Richard O'Gorman Bloodstock

LOT 715 (VOLKSRAAD x SYMPHONY) $135,000
Sold by Ascot Farm Purchased by Mrs M J Hoggard

LOT 747 (DON TRISTRAM x VELINDA) $110,000
Sold by Ainsley Downs Stud Purchased by Stuart Hale

LOT 660 (LORD BALLINA x SEA HUNTRESS) $100,000
Sold by Ardsley Stud Purchased by Lincoln Farm

LOT 699 (KEEPER x STARTING LADY) $100,000
Sold by The Oaks Stud Purchased by Rogerson Bloodstock

LOT 754 (O'REILLY x VOLKSCHINE) $100,000
Sold by Windsor Park Stud Purchased by Bruce Perry Bloodstock

LOT 738 (O'REILLY x TRISHA'S BELLE) $95,000
Sold by Karaka Downs / Soliloquy Lodge Purchased by Mr K J Neylon

LOT 743 (O'REILLY x VAGUELY SNEEKY) $92,500
Sold by Letham Thoroughbreds Purchased by Bruce Perry Bloodstock

LOT 944 (DIATRIBE x GUARDIAN MISS) $90,000
Sold by The Oaks Stud Purchased by Mr R B Priscott

LOT 817 (PENTIRE x BELLE NUITE) $90,000
Sold by Te Mania Thoroughbreds Purchased by Rogerson Bloodstock

LEADING SIRES BY AVERAGE (3 or more sold)
1ST = Volksraad 11 sold Ave: $53,318
2ND = Lord Ballina 6 sold Ave: $53,000
3RD = Montjeu 5 sold Ave: $49,600
4TH = Towkay 4 sold Ave: $43,750
5TH = Kaapstad 8 sold Ave: $39,500

LEADING 1ST CROP SIRES BY AVERAGE (3 or more sold)
1ST = San Luis 3 sold Ave: $37,167
2ND = Keeper 21 sold Ave: $36,952
3RD = Black Minnaloushe 15 sold Ave: $36,800
4TH = Postponed 12 sold Ave: $36,083
5TH = Minardi 4 sold Ave: $28,375

LEADING BUYERS BY AGGREGATE
1ST = Rogerson Bloodstock 15 purchased for $682,500
2ND = Paul Moroney Bloodstock 14 purchased for $589,000
3RD = Mr L A O'Sullivan 7 purchased for $363,500
4TH = Bruce Perry Bloodstock 5 purchased for $327,000
5TH = Aquanita Racing 9 purchased for $307,000

LEADING VENDORS BY AGGREGATE
1ST = Windsor Park Stud 24 sold for $1,001,500
2ND = Rich Hill Thoroughbreds 20 sold for $629,000
3RD = Haunui Farm 12 sold for $538,000
4TH = Waikato Stud 20 sold for $480,500
5TH = Highview Stud 11 sold for $423,000

LEADING VENDORS BY AVERAGE (3 or more sold)
1ST = The Oaks Stud 7 sold Ave: $53,500
2ND = Ardsley Stud 7 sold Ave: $47,714
3RD = Haunui Farm 12 sold Ave: $44,833
4TH = Blandford Lodge 5 sold Ave: $42,800
5TH = Windsor Park Stud 24 sold Ave: $41,729

A full list of results, including selling history, can be viewed online at www.nzb.co.nz.