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Bluebloods : Karaka 2012 Yearling Sale Preview
progressed from there. They took me under their wing and kept involved when I came back down here (Masterton). I chipped away quietly and had a few contacts and Ken, in particular, and Ginger were very good to me and involved me in a fair bit of work they had.” While the share market freefall made life difficult, there was also an upside. “At the time a number of people had good mares in paddocks and weren’t in a position to hold on to them and I ended up buying a fair few decent ones. There were taxation syndicates and the like that had to get horses valued and when you told them $NZ50,000 and the horse was on their books at $NZ300,000 it was a real eye-opener and interesting times, but again you had to tell it like it is.” Perry may be away from the heart of the country’s Waikato breeding industry but he has seen positives in working out of his Wairarapa base. “ I ’m not seen to be aligned to anyone and I’ve been lucky to build up a very strong client base and a lot of friends like Mark Chittick (Waikato Stud), Sam Williams (Little Avondale Stud) and Steve Till and Rodney Schick (Windsor Park Stud). In Australia I’ve got good relationships with Dean Fleming at Tyreel Stud, Twin Palms Stud, Arthur Mitchell at Yarraman Park, Cressfield Stud, and I also work very closely with (Scone Bloodstock agent) Kieran Moore.” In more recent times Perry has also enjoyed outstanding success in Asia. “ I bought Ambitious Owner out of the paddock as a yearling and he won the Levin Classic and was sold for $NZ1m to Hong Kong and I also bought Ambitious Dragon as a yearling, so that was a great result,” he said. The reigning Hong Kong Horse of the Year, Ambitious Dragon equalled the record for the most wins in a season with seven victories from eight starts last preparation and claimed the Hong Kong Derby-HKGr.1, Hong Kong Classic Cup-HKGr.1 and the QE II Cup-Gr.1 along the way. The heart of Perry’s business has been dealing in mares and fillies, and he’s now also becoming more heavily involved in other areas. “ I’ve been extending into racehorse buying, to start building on the success of those horses like Ambitious Dragon. The pool of buyers in the mare market has shrunk in the past couple of years and the pool of horses is quite tight. The past six months have probably been tougher than the past couple of years, but having said that there are always people like Waikato Stud, Little Avondale, Windsor Park and others who are always still looking to buy, and they can’t stop reinvesting.” Perry’s work involves extensive travel and for a number of years he was ever-present at the Tattersalls December Sale in England. “ I did that for six or seven years in a row, but haven’t been for the past couple,” he said. “ I ’ve bought some really good value mares there but there’s not the quality there used to be and I’m finding better value in Australasia now.” While the sale ring action is relatively quick fire, the pre- auction work is extensive. “ There’s a huge amount of research to be done and working out who to mate the mares with, trying to find the best value, and to see what siblings are working for you,” Perry said. His focus is now firmly on the younger market with the New Zealand Bloodstock National Yearling Sale series just around the corner. “A lot of people are still tightening their belts and retiring debt, but the overseas buying bench will be strong again and there will be good value at Karaka. There will be some great opportunities and you’ve got to keep re- evaluating things. The demand for the tried horse market is good, with a number of people looking for horses and, again, it’s all about finding value.” The domestic racing scene in New Zealand may not at its most buoyant but Perry remains upbeat. “ We’ve got some really exciting young stallions here and I still think the industry’s future is bright. Changes are being made and I hope people give them a chance and stop being negative.” A regular race sponsor, he is further involved in ownership through the successful Homebush Partnership. “ The industry has been good to me and we’ve got shares in 10 horses at the moment,” he said. Windsor Park Breeders’ Stakes winner-Gr.3 Hammer Down is a leading light and has recently transferred to Bruce Marsh’s Singapore stable, while Down The Road was another success story and was sold by the partnership to Hong Kong interests before his second placing in the New Zealand Derby-Gr.1 . Another recent winner for the syndicate is Sir Ferrari, who was successful on debut at Trentham. Perry, who sits on New Zealand Thoroughbred Racing’s Members Council and is a director of East Coast Racing, is also a past-president of both the Masterton Racing Club and the New Zealand Bloodstock Agents’ Federation of which he is the current vice-president. Other administrative roles have included the New Zealand Thoroughbred Breeders’ Council and as a director of New Zealand Thoroughbred Marketing. ■ “We’ve got some really exciting young stallions here and I still think the industry’s future is bright. Ambitious Dragon KARAKA 2012 YEARLING SALE PREVIEW KARAKA 2012 19
Feb 2011 Issue - Sale Previews
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