KITCHWIN HILLS RELEASE – Kitchwin Hills are pleased to announce the 2013 fees for their two regally bred young stallions.
Duporth will be standing at a 2013 fee of $16,500.
Breeding to a fourth year stallion comes with some risk, however this risk/reward equation can be an attractive one when the service fee is of minimum significance compared to the potential upside. Duporth at $16,500 is a punt well worth taking.
Significantly, his progeny have ended up in every top stable in the country. Duporth”s progeny have The Attitude, The Strength, The Precocity, The Pedigree and now The Opportunity in the best of hands. Fourth season risk for breeders at $16,500….. it’s all relative to the upside.
In pricing Dane Shadow we have looked closely at where he sits in the market place. There is no commercial stallion standing in this country for under $50,000 that has produced more Group 1 winners in Australia than Dane Shadow.
Dane Shadow’s three Stakes level runners up over the Anzac weekend and Red Tracer’s multiple 2nd placings at Group 1 level over the Sydney Carnival highlight that luck comes and goes for all stallions.
That said, Group 1 winners are the ultimate benchmark and Dane Shadow’s statistics show breeders what is likely to be in store for this son of Danehill, as time tends to look after the rest. For 2013, Dane Shadow will stand in 2013 at a fee of $16,500.
Kitchwin Hills Stud Manager Michael Malone has taken a slice of the equity in the New South Wales breeding operation.
Kitchwin Hills’s Steve Brown described Malone as “part of the furniture” at the stud, which led to the natural progression of the long-time employee taking a stake in the equity in the business.
“We are very pleased to see him positioned in such a meaningful way” Brown said.
“Mick lives for Kitchwin’s clients, gives them everything he has. As a client-driven Stud, this passion for client success is absolutely key to a successful outcome for all concerned”.
Malone said he was “excited” with where the development positions his career as well as the future ahead of Kitchwin Hills in the coming years.
“We have significant clientele behind everything we do and two blue-blooded stallions that could yet prove to be anything,” Malone said. “The Browns have always said, ‘if it works for the clients, you can relax, the rest will look after itself’ and that is what this Stud is all about.
“I am always looking to bring on new clients and deliver them the best financial outcome achievable and I guess if it’s possible, as a significant shareholder in the business I am now even more driven to achieve great outcomes for our clients.
“The tough environment for breeders at present no doubt brings with it opportunities and I am particularly excited about the future.”
Kitchwin Hills Group 1 winner Duporth (Red Ransom – Staging, by Success Express) has had his first foal born. Foaled last week at Kitchwin Hills, the bay filly is the second foal for Queenin Caper, a daughter of Exceed And Excel and a winner at Sandown Park when trained by Peter Moody. Queenin Caper is a ¬†half-sister to Champion 2yo and dual Group I winner Victory Vein.
Winner of the BTC Cup (Gr 1) at three as well as the Golden Rose (Gr 2), Duporth stands for $19,800 (incl GST) at Kitchwin Hills in 2011.