2023 ASX End Of Year Stock Picking competition

[wizAlvin]

Let the Competition begin:

[wizAlvin]

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 2022 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 2023 Australian time , preferably before.

7 - entry price is the higher of the first-traded price from the day following you posting your selections in the year 2023 and the first traded price as some shares list later on. No idea why.
Eg - on the first trading day of the year, 2023. This discourages late comers from optimising their entry price. ANY grace period be requested BEFORE 2023 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 2023 MARKET OPEN. PLEASE ASK FOR ANY EXTENSION / DIFFERENCE / EXCEPTIONS BEFORE 2023 MARKET OPEN.


regards
wizardAlvin

Any Picks yet? Apologies for not looking ahead . . .

[troyvdh]

wiz...I no doubt with many others...have the highest amount of gratitude and respect for what you continue to do.And should any participant contribute less than a hundy...please give me their names.
May I wish you and yours good health and sanity over this period.
cheers troy.

I think an apology from me is required.I was a bit harsh.However I firmly believe that some recompense be paid to Wiz for his dedication and seemingly tireless endeavours.I understand he is not a young man.

[wizAlvin]

does anyone wish to continue their current tickers into 2023 ?

[Jay]

does anyone wish to continue their current tickers into 2023 ?

I will wiz

[Aotea]

Happy to start this off. Will pick five of my six favourite long held stocks. AKE sits out this year but if it doesnt rise 50% in 2023 I'd be amazed.

RNU
BRN
LRS
TLG
ARU

Thanks Wiz, youre a champ!

[percy]

Wiz.Thank you for running the competition.
I am more than happy to contribute to a running cost fund and a prize pool.
Should I be allowed two shots my picks are.
Percy..ACF,DDH,JYC,XRF,XTE.
Percy Guest,AER,ATP,,CNW,HMY,KNO,

[duncan22]

Flc
lpe
ccg
ubi
trp

[Paddie]

Hi Wiz,

Thanks again for running the comp and I would also happily make a contribution to the effort that you make in running the comp.

BLU-Is it finally their year
EXE-CBM, Hydrogen and Grandis
MAY-Cuba and Beehive
NWE- Biggest onshore discovery in WA and potentially Australia
MEK-Plenty of gold and REE's

[gmatt]

Thanks for running the competition Wiz

CNB
GBR
HMX
IKE
SKO

cheers ..... gmatt