NZB National Weanling Investment Opportunities

Ample pinhooking opportunities are available at New Zealand Bloodstock’s 2021 National Weanling Sale. Set to be held this Friday, 14 May, the sale is a prime opportunity for astute judges to purchase a lucrative pinhooking investment. Over the last few editions of NZB weanling sessions, pinhooked purchases have fetched significantly higher prices upon their return to the sale ring just a few months later at the National Yearling Sales Series. NZB’s Bloodstock Sales Manager Danny Rolston pointed out, “For some purchasers, investing at a moderately low cost in comparison to the returns that pinhooked weanling purchases make as yearlings is an enticing prospect.” Unable to be hosted as a physical auction as a result of COVID-19, NZB’s 2020 weanling sale session took place on popular online subsidiary Gavelhouse Plus. Weanlings purchased through last year’s online auction averaged $17,251. A number of those same graduates later returned to Karaka 2021 the following January, re-offered in what were trying circumstances because of international border closures. Despite this, weanling graduates that went back through the ring averaged $67,700 and sold up to a profitable $200,000. They included a weanling purchase of $3,500 that subsequently traded for $110,000 just over 6 months later. NZB Finance can assist with investments in a weanling purchase with the aim of reselling at Karaka 2022. Contact the NZB Finance team for more information by calling 09 298 055 or emailing Eion.Fraser@nzb.co.nz. View the full catalogue online here.