Reply from Mick Goss..
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Reply from Mick Goss..
15 years 6 months ago
Big thanks to Mick Goss for replying..
Good Morning Robert
Many thanks for your enquiry concerning the mares at Summerhill, Summerhill’s lead in the breeders’ log, etc.
I’m pleased you raised the matter, as it’s been doing the rounds for some time, I’m told.
Apart from my brother Pat, who a was co-founder of Summerhill as we know it, there’s only one mare on this property registered in the name of Summerhill Stud (Pty) Ltd, in which we don’t hold an equity share. Of the total population of mares on the property (in the region of 400), just over half carry our registration. That means the rest are registered in the names of their owners, and the resultant progeny are registered accordingly. For what’s its worth, my brother has two mares here.
It’s also true that we hold interests in other mares with some of our customers, which are registered in their names (i.e. without reflecting Summerhill), so the statement that if you have mares residing on Summerhill. You’re obliged to register them in the name of the stud, is fallacious.
Those that do register in our name, are our partners, (there are close to 60 individual people in partnership with us), and they use the name Summerhill Stud (Pty) Ltd as their flag of convenience. Clients such as the Maktoum family breed under their own respective banners, (Shadwell and Gainsborough), as do our other individual clients, and the credit for the achievements of their stock accrues to them, and them alone.
The point Jack Dash (or Frodo) made is particularly apt in our case. As recently as 1999, following a ten year partnership which matured in 1998, all of the “Summerhill” stock was put up for sale. We managed to rescue 26 mares from the sale, and started to rebuild the stud from there. There was no inheritance at Summerhill, and cash in generous proportions has always been a relatively elusive commodity. As a result, we called up our friends around the world and invited them to participate with us, and the rebuilding of the stud started afresh. In the bulk of these partnerships, we hold at least 50% (or more), though there are some mares in which we hold a lesser interest.
It’s a remarkable statement on the energy and initiative of our team, that we managed to rebuild the broodmare band in the ten years since 1999 to the degree we have, and that by 2003, we were already third in the Breeders’ premiership, second in 2004, and won our first championship in 2005. It’s also true that by spreading the largesse, we introduced a host of other people to the feeling of being a champion. We think that’s good for the industry, as there was no other way they could aspire to that status alone, given the imperative of numbers to get there.
One other thing, in the nature of a confession. You can’t win the Breeders’ championship in this country (which is the “tightest” in the world) without numbers, and we make no false attempt at concealing the fact that we have numbers. We’re nowhere near the number of mares which Klawervlei now holds (of the order of 400 I believe), but if you look at the average earnings per runner for Summerhill, you will see that despite the negative impact which numbers inevitably have, our horses are more than holding their own by average earnings, an indicator that it’s not only numbers that count, but the quality of what you’re producing.
As opposed to the boutique operators, who produce the Rolls Royces of the industry, we see ourselves as the Toyotas, and for the time being, “everything just keeps going right”!
Thank you for your enquiry; I hope you understand us better now, and that this note might help to correct some of the misperceptions about Summerhill. I’m never sure what motivates people to make the statements the rumour mills has been generating without knowledge of the facts, and to be honest, if you hadn’t raised it, we wouldn’t have answered.
In any competitive industry, when you’re at the top, you have to carry the burden of competitive antipathies. When you’re especially successful, you find that 90% of what is said about you is negative, but that’s the price of being there. Carry it with grace, and do your time with dignity, if you can.
All the best,
MICK GOSS
SUMMERHILL STUD
Top Ten Breeders
Good Morning Robert
Many thanks for your enquiry concerning the mares at Summerhill, Summerhill’s lead in the breeders’ log, etc.
I’m pleased you raised the matter, as it’s been doing the rounds for some time, I’m told.
Apart from my brother Pat, who a was co-founder of Summerhill as we know it, there’s only one mare on this property registered in the name of Summerhill Stud (Pty) Ltd, in which we don’t hold an equity share. Of the total population of mares on the property (in the region of 400), just over half carry our registration. That means the rest are registered in the names of their owners, and the resultant progeny are registered accordingly. For what’s its worth, my brother has two mares here.
It’s also true that we hold interests in other mares with some of our customers, which are registered in their names (i.e. without reflecting Summerhill), so the statement that if you have mares residing on Summerhill. You’re obliged to register them in the name of the stud, is fallacious.
Those that do register in our name, are our partners, (there are close to 60 individual people in partnership with us), and they use the name Summerhill Stud (Pty) Ltd as their flag of convenience. Clients such as the Maktoum family breed under their own respective banners, (Shadwell and Gainsborough), as do our other individual clients, and the credit for the achievements of their stock accrues to them, and them alone.
The point Jack Dash (or Frodo) made is particularly apt in our case. As recently as 1999, following a ten year partnership which matured in 1998, all of the “Summerhill” stock was put up for sale. We managed to rescue 26 mares from the sale, and started to rebuild the stud from there. There was no inheritance at Summerhill, and cash in generous proportions has always been a relatively elusive commodity. As a result, we called up our friends around the world and invited them to participate with us, and the rebuilding of the stud started afresh. In the bulk of these partnerships, we hold at least 50% (or more), though there are some mares in which we hold a lesser interest.
It’s a remarkable statement on the energy and initiative of our team, that we managed to rebuild the broodmare band in the ten years since 1999 to the degree we have, and that by 2003, we were already third in the Breeders’ premiership, second in 2004, and won our first championship in 2005. It’s also true that by spreading the largesse, we introduced a host of other people to the feeling of being a champion. We think that’s good for the industry, as there was no other way they could aspire to that status alone, given the imperative of numbers to get there.
One other thing, in the nature of a confession. You can’t win the Breeders’ championship in this country (which is the “tightest” in the world) without numbers, and we make no false attempt at concealing the fact that we have numbers. We’re nowhere near the number of mares which Klawervlei now holds (of the order of 400 I believe), but if you look at the average earnings per runner for Summerhill, you will see that despite the negative impact which numbers inevitably have, our horses are more than holding their own by average earnings, an indicator that it’s not only numbers that count, but the quality of what you’re producing.
As opposed to the boutique operators, who produce the Rolls Royces of the industry, we see ourselves as the Toyotas, and for the time being, “everything just keeps going right”!
Thank you for your enquiry; I hope you understand us better now, and that this note might help to correct some of the misperceptions about Summerhill. I’m never sure what motivates people to make the statements the rumour mills has been generating without knowledge of the facts, and to be honest, if you hadn’t raised it, we wouldn’t have answered.
In any competitive industry, when you’re at the top, you have to carry the burden of competitive antipathies. When you’re especially successful, you find that 90% of what is said about you is negative, but that’s the price of being there. Carry it with grace, and do your time with dignity, if you can.
All the best,
MICK GOSS
SUMMERHILL STUD
Top Ten Breeders
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- umlilo
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Re: Re: Reply from Mick Goss..
15 years 6 months ago
Hi Mick!
How about you getting involved in getting horseracing back to what it's supposed to be; 'King of Sports' and not 'Dollars 0f Shareholders'?
In the long run, the present shenanigans and goings-on within the industry (despite their relative wealth/influence) will lead to its demise. The negativity (as fact or ill-informed perception) will never go away!
Right now, we are missing out on opportunities to broaden the base of ownership and involvement as the industry has been hijacked by profit-drivers and not horse lovers!
No ambivalence- just give us your unflinching support (bring in the Sheiks also)!
How about you getting involved in getting horseracing back to what it's supposed to be; 'King of Sports' and not 'Dollars 0f Shareholders'?
In the long run, the present shenanigans and goings-on within the industry (despite their relative wealth/influence) will lead to its demise. The negativity (as fact or ill-informed perception) will never go away!
Right now, we are missing out on opportunities to broaden the base of ownership and involvement as the industry has been hijacked by profit-drivers and not horse lovers!
No ambivalence- just give us your unflinching support (bring in the Sheiks also)!
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- Alcaponee
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- Barry Irwin
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- Chris van Buuren
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Re: Re: Reply from Mick Goss..
15 years 6 months ago
Speaking of Presidents Barry, did you catch President Obama's speech on ABC last night?
Any opinions?
Any opinions?
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- Barry Irwin
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Re: Re: Reply from Mick Goss..
15 years 6 months ago
Personally, I am down on Obama.
He is worse than Bill Clinton when it comes to sending up trial balloons to test the voter's temperature on various issues.
So far he lacks leadership and has a thin skin.
I voted for him and I gave him money.
My wife still has faith in him.
Not me.
He is not tough enough to be an adequate President.
I cannot believe that the Democrats finally get their turn and this is the best guy they could come up with.
Very disappointing.
He is probably the weakest president we have had since another provincial thinker named Jimmy Carter, a peanut farmer from Georgia.
He is worse than Bill Clinton when it comes to sending up trial balloons to test the voter's temperature on various issues.
So far he lacks leadership and has a thin skin.
I voted for him and I gave him money.
My wife still has faith in him.
Not me.
He is not tough enough to be an adequate President.
I cannot believe that the Democrats finally get their turn and this is the best guy they could come up with.
Very disappointing.
He is probably the weakest president we have had since another provincial thinker named Jimmy Carter, a peanut farmer from Georgia.
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- Chris van Buuren
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Re: Re: Reply from Mick Goss..
15 years 6 months ago
I work for a few VERY influential gentlemen from Florida (granted it's republican country) but they are not overly judgemental about things. They call a spade a spade and they have very similar sentiments to you.
Health reform I know is a big consern for a lot of people but I believe this is only the surface issue/s.
I'm still new here so I don't say much in terms of politics (especially since my wife is an Obama supporter.....funny how the woman love hm).
I guess I'll formulate my opinions over a period of time but right now it certainly does not look too rosey for Obama I must say!
Having said that he did inherit a particularly difficult presidency........
I guess we wait and see.
Health reform I know is a big consern for a lot of people but I believe this is only the surface issue/s.
I'm still new here so I don't say much in terms of politics (especially since my wife is an Obama supporter.....funny how the woman love hm).
I guess I'll formulate my opinions over a period of time but right now it certainly does not look too rosey for Obama I must say!
Having said that he did inherit a particularly difficult presidency........
I guess we wait and see.
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- Bob Brogan
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Re: Re: Reply from Mick Goss..
15 years 6 months ago
Tommy_Hotspur Wrote:
> Speaking of Presidents Barry, did you catch
> President Obama's speech on ABC last night?
>
> Any opinions?
Whats his alias on ABC tommy..lol
> Speaking of Presidents Barry, did you catch
> President Obama's speech on ABC last night?
>
> Any opinions?
Whats his alias on ABC tommy..lol
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- Chris van Buuren
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Re: Re: Reply from Mick Goss..
15 years 6 months ago
"Idrinkbeerwhilebowlingwithfans"..........
I think, but I stand to be corrected
LOL
I think, but I stand to be corrected
LOL
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- Barry Irwin
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Re: Re: Reply from Mick Goss..
15 years 6 months ago
I think it is "polling with an eye toward compromise"
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- mr hawaii
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Re: Re: Reply from Mick Goss..
15 years 6 months ago
As far as I recall he has some connection to Kenya(family) - Perhaps he could send some equine aid to that area so that we can have fields in the double digets in future - I'm sure a quarter horse or two could win their Derby!
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- Andrewest
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Re: Re: Reply from Mick Goss..
15 years 6 months ago
Given the start way back in 1989...
when Barend du Plessis announced that the country had just defaulted for the 2nd time on the overseas loans....
this business has come a long way..
amazing..
made it thru a bankcrupt country (1989)...
3 recessions..1987/8/9...1997/8/9...2008/2009/2010/2011/2012/2013/2014/2015......
Transformation...bee..aa..ee..
are you guys going to roll the dice again..
try another 10 years..
or would it be wise to cash up..
the end of a recession is marked by an increase in liquidations and sequestrations
we have not seen this yet, as the banks have either given 12 month breathers to their troubled clients or the clients have joined debt councelors for debt relief.
hence we will see the real liquidations and sequestrations in about 18 to 20 months from now, when the guys have exausted their breathers and debt relief.
given this, one can assume that at least 60% of the current bank assets are toxic.
standardbank R900 Billion x 60% toxic = C rating
Absa R735 Billion x 60% toxic = -C rating
FNB...
NEDBANK...
INVESTEC...R181 billion x 60% toxic = -C rating.
I know, I am winning at the blackjack table..
the chips stack is high..
but...
the casino is being closed down by the sheriff..
will I make it to the cash in counter in time...
when Barend du Plessis announced that the country had just defaulted for the 2nd time on the overseas loans....
this business has come a long way..
amazing..
made it thru a bankcrupt country (1989)...
3 recessions..1987/8/9...1997/8/9...2008/2009/2010/2011/2012/2013/2014/2015......
Transformation...bee..aa..ee..
are you guys going to roll the dice again..
try another 10 years..
or would it be wise to cash up..
the end of a recession is marked by an increase in liquidations and sequestrations
we have not seen this yet, as the banks have either given 12 month breathers to their troubled clients or the clients have joined debt councelors for debt relief.
hence we will see the real liquidations and sequestrations in about 18 to 20 months from now, when the guys have exausted their breathers and debt relief.
given this, one can assume that at least 60% of the current bank assets are toxic.
standardbank R900 Billion x 60% toxic = C rating
Absa R735 Billion x 60% toxic = -C rating
FNB...
NEDBANK...
INVESTEC...R181 billion x 60% toxic = -C rating.
I know, I am winning at the blackjack table..
the chips stack is high..
but...
the casino is being closed down by the sheriff..
will I make it to the cash in counter in time...
Please Log in or Create an account to join the conversation.
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