2022 Yearly Stock Picking Competition

[Entrep]

Silly question - can we choose only 1 stock or does it have to be 5?

[wizAlvin]

Silly question - can we choose only 1 stock or does it have to be 5?

i refer to the first post:
Based upon the 2020 rules at beginning of that year i am suggesting :

1 - ASX Stock picks only.

2 - Dividends will be added to return.

3 - 5 ASX Stock picks only.

4 - no options etc.

5 - Each stock pick will have a weighting of $10,000 (20% of portfolio)... ($50,000 in total for portfolio)...
so performance can be posted in percentage returns, and/or $ returns.

6 - Entries close before Market Open 2022 Australian time , preferably before.

7 - entry price is the higher of the first-traded price from the day following you posting your selections and the first traded price
on the first trading day of the year, 2022. This discourages late comers from optimising their entry price. ANY grace period be requested BEFORE 2022 by post on the competition page.

8 - if one of your picks hasn’t listed or is in suspension at the start of year we will just take the first traded price on the day that it lists or comes out of suspension.

9 - takeovers may result in a new pick to the contestant, at the adjusted rate, if no provision is made by the Ticker or new Ticker owner.

10. at any time a ticker may be converted to cash but must be bought back into before the end of the year - same ticker.
if in cash when suspended or taken over or otherwise unavailable by year end : cash. That Ticker may not be swapped for another ticker

11. if for some reason the ticker selected becomes unavailable or in error and the trader does not select another, then the next alphabetically available ticker be substituted to make up 5 valid tickers.

These are ideas for discussion.

PLEASE COMMENT. PLEASE PLACE ENTRIES IN BEFORE 2022 MARKET OPEN. PLEASE ASK FOR ANY EXTENSION / DIFFERENCE / EXCEPTIONS BEFORE 2022 MARKET OPEN.


regards
wizardAlvin