Page 78 - Majestic Vol.03
P. 78
Australia 澳大利亚
HIGH INVESTMENT RETURNS initial outlay within three to four years. astounding 391 mares in 2013 in a 12 month
Sometimes the results can be even better period with his service fee in Australia
A stallion with modest ability can remain as is the case with a stallion we part-own in listed at AUD275,000 and his fee in Ireland
profitable for several years or may be called Dissident,” Teo said. ¤60,000. It is anticipated he generated
able to be sold to a new market (another revenues of approximately AUD80 million
country for breeding) for additional “We had been watching him for almost a (RMB385 million) in that 12 month period.
revenue. A very successful stallion, like the year when we bought him with our partners.
above mentioned Tapit, will see his ‘service We saw upside like an analyst does when “Stallions are a unique business model and
fee’ (the price a mare owner pays to have assessing the stock markets. Over the next that is part of the appeal,” Teo explained.
their mare covered by a stallion) rise and nine months Dissident won two major races “A traditional business may take four or five
rise. in Australia, AUD570,000 (RMB2.75 million) years of hard work, sacrifice and significant
in prize money, was crowned Australian investment before there is the possibility of
An elite commercial stallion may also Horse of the Year and Australian Champion breaking even and the effort to sustainable
appeal in commercial breeding industries Sprinter of the Year and his commercial profit can be just as testing. A stallion, if
in two different regions of the world, value approximately doubled. correctly valued, can break even within
working between northern and southern four years, possibly less, and if successful
hemisphere breeding centres. Three “Dissident was fully booked in his first the long term earning capacity is immense.
decades ago the late Robert Sangster season at stud and we are projecting to
helped pioneer “the shuttling” of stallions be making a profit on him from early in his “It is important to remember that a stallion
between Ireland or England and Australia. second year at stud. By the end of his first could be standing at stud for 15 to 20
In the ensuring years the process has been four seasons at stud it is anticipated that years if they remain healthy and fertile.
refined and been improved upon and has Dissident could generate between AUD22 Shares in stallions can also be bought or
seen stallions from Europe or the United million (RMB106 million) and AUD25 million sold, the stallion may even stand at stud in
States travel annually to either Australia, (RMB 120 million).” two different hemispheres every season. In
New Zealand or South America. addition, they will also give you the chance
A champion sire like the Coolmore owned to breed racing stock that can be sold or
ONE OF THE GREAT SUCCESS Fastnet Rock is an example of the extreme raced. It is a complete experience that is
STORIES commercial possibilities of stallions. Like more engaging and more satisfying than any
many sires before him, Fastnet Rock investment or hobby that I have ever been
“If you have done your modelling correctly covered mares in Australia as well as in involved in.”
a stallion should be able to repay its Ireland for several seasons. He covered an
74
