Thursday, January 28, 2010

ON TO NEW ZEALAND




CEO REPORT
- with Cameron Croucher






Conjecture over the state of play for the 2010 yearling sales dominated discussions as we made the turn into the New Year and, the market is still very much under scrutiny in terms of value buying, the Gold Coast Magic Millions yielded reasonable results.
There were also some satisfying ‘statistics’ emerging from Perth and Sydney and now we point the compass across the Tasman to the New Zealand National Yearling Sales.
Eliza Park is selling its first draft at Karaka and it was somewhat fitting that as the only standalone Aussie consignment, the first parade was conducted on Australia Day!
Eliza Park has already tasted considerable success in New Zealand – as owners – campaigning Group One winners Recurring and Shinzig and the multiple stakes winners Danbird – and hopefully we can repeat the dose from the sales ring.
We certainly have an exciting team with yearlings by God’s Own, Holy Roman Emperor, Snitzel, Starcraft, Fusaichi Pegasus and Jungle Pocket.
Our decision to reduce yearling sale preparation costs to $44 per day and commission to 0.75% - especially in a moody market – has had a tremendous response and to all our loyal supporters, I wish you every success with upcoming sales.
Back home in Victoria, Eliza Park is currently preparing large drafts for the Inglis Melbourne Premier and Adelaide Magic Millions (some 70 yearlings for the two sales) and full previews of these drafts – including comments, pedigrees, photos and videos – will be posted on our website by mid-February.
On the racetrack we have some exciting times ahead with unbeaten Bel Esprit filly, Black Caviar, promising plenty after her victorious return in the Group Two Australia Stakes at Moonee Valley and I’m very confident that the progeny of God’s Own will make their presence felt throughout the Autumn.
On the breeding front, Eliza Park will be making some announcements about the 2010 stallion lineup – watch this space! – and we’ll look forward to again offering clients some outstanding opportunities this spring.

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