I have been too distracted of late. Time to open for the new competition. Rules as for last year to be discussed as you see fit. i will repost them after finding them from 2023.
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I have been too distracted of late. Time to open for the new competition. Rules as for last year to be discussed as you see fit. i will repost them after finding them from 2023.
As a proposal :
the prior years rules be considered. Please comment on these and propose any changes you think may be appropriate.
For example - Is this competition for ASX Tickers only?
prior rules are:
Based upon the 2023 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 2024 Australian time.
7 - Entry price the first trading day of the year, 2023. If the ticker is not traded on the first day :: is the first-traded price from the day the ticker is first traded. Tickers must be given before Market open. It may be they are delayed trading for some reason.
ANY grace period be requested BEFORE 2024 by post on the competition page, please.
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 2024 MARKET OPEN. PLEASE ASK FOR ANY EXTENSION / DIFFERENCE / EXCEPTIONS BEFORE 2024 MARKET OPEN.
regards
wizardAlvin
Any Picks yet? Apologies for not looking ahead . . .
Many thanks for all your efforts in running this competition every year, very much appreciated :t_up:
My picks for 2024 are...
COH
LRS
WBT
XRO
ADY
Cheers
Thanks again for running the comp.
My picks
LRS
MAY
RNU
CNB
TLG
cheers
I miss you guys...WIZ I sincerely hope you are traveling well..I wont enter the comp...it keeps me awake...However Ive bought back into LRS and some POD.
because JB did.
Haven't entered this comp in a while, lets give 2024 a go. Thanks for running the comp Wiz.
My picks:
NEU
TSK
BOT
CLG
FND
My Picks
SPZ
XRF
ABB
GNX
ACF
Cheers
Thanks again winz
My Picks
ACF
FMG
LYC
LRS
MAY
Thanks again for your efforts in 2023.
My picks
MAY
EXR
TEG
TMK
BLU
Thankyou for organising 2024 picking comp.
My picks
fmg bhp zip jhx sgp