2019 NZ Stock Picking Contest
Hi all...well, its that time :-)
Would love to get a big crowd for this coming years competition...I am proposing the same rules as 2018's comp.
1) Pick FIVE different NZX-listed equity instruments (incl. Smartshares and foreign companies listed in NZ). Companies/Funds with a market cap of less than $10m may not be selected.
2) Each pick has an equal weighting.
3) Picks in by 7pm January 2nd 2019 (New Zealand time); ie, prior to trading opening.
4) You may not use the alias that belongs to someone else on sharetrader.co.nz, or misrepresent another person.
Returns calculations
1) Each will start with a notional portfolio of $10,000
2) Returns will be calculate from the last closing price of 2017 (which i think is Dec 31st 2018) to the last closing price of 2019.
3) Its a 'total return' comp, so Dividends will be included - but NOT benefits from imputation credits or other tax-specific benefits.
4) Rights issues are included according to the 'Snoopy Formula'. This does not increase capital, but recognises a capital gain/loss on the rights for the year.
5) If a selection delists or otherwise somehow dissolves; it will be kept but manually adjusted in your selections to reflect the realised situation resulting from the event causing this.
6) Winner is the person who has the largest %age increase.
There are THREE ways to enter:
1) via this survey form: https://1drv.ms/xs/s!AuUMI8ycnlsfhf0...A1E8E32CC4F%7D
2) email to sylvestercat2018@gmail.com
3) private message to me on sharetrader
I won't publish what people are picking before Dec 31st.
Happy Christmas / New Year everyone...and happy picking.
Your faithful puddytat,
Sylvester
OHE Orion Health to Delist
Firstly Thanks SylvesterCat for running the competition.
Great software design that reflects talent and imagination....
Secondly one of my picks Orion Health (OHE) is about to delist ...
So confirming the rules:
"If a selection delists or otherwise somehow dissolves; it will be kept but manually adjusted in your selections to reflect the realised situation
resulting from the event causing this."
Am I right in assuming
(1) OHE price at delisting $1.23, and a YTD profit of 5.1% is the result for the stock for this year.
(2) There is no option to pick another stock.
Thanks and regards