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Shongweni Sale Results

Vercingetorix filly tops sale

The current economy and reduced buying power from the minor centres no doubt contributed to a year-on-year decline at the Shongweni Mixed Sale held at the scenic polo grounds on Tuesday.

The Vercingetorix filly topseller, #94 (Pic – Candiese Marnewick)

Topseller was an unraced Vercingetorix filly out of a stakes placed Jet Master mare.

Suzette Viljoen signed the chit at R280 000 for Abbey Wood (#94) and she told the Sporting Post on Wednesday morning that the athletic youngster will be joining the Lezeanne Forbes yard, where she already has other horses.

See the catalogue page here

The filly was originally purchased for R150 000 by Mark Dixon on the 2019 CTS Cape Premier Yearling Sale when offered by Maine Chance Farms.

97 lots were sold at an aggregate of R2 740 000, which was 50% down on the 101 lots sold last year.

The average price of R28 247 and median of R12 000 were down 38% and 52%, year on year. Last year’s top lot went for R420 000.

BSA next hosts the Cape Yearling Sale at Mistico on Friday 28 February.

See all the prices here

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1 comment on “Shongweni Sale Results

  1. Garrick Bergh says:

    Observing market forces in action can be all of painful and unsettling. But its only natural that bloodstock prices should follow stakes into the abyss. You can only fool owners into forced subsidies for so long until even they tire of pitchforking money endlessly.
    But don’t expect to see operator remuneration follow suit. They may cull one or two of their own to appease the mob but let us not forget – They’re ‘trying to save racing’.I surmise that this objective has gained a little more urgency ever since their massive shareholdings have shed all but a fraction of their value.
    I cannot help but recall the former CEO somewhat pompously announce on or around his resignation that he would not let his shares go for less than R50 per counter. I suggest he might gladly take R2 right now.

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