Competition Challenge TO MACDUNK

[Crypto Crude]

I was never going to pick NWE...
somehow he thought I would have...

.^sc

[Crypto Crude]

AGM got delisted from the ASX after the takeover...
Mackdunk Picked PRC... Pike River Coal to replace AGM....
The new price from his new selection was $2.08 set a few days ago...
AGM went from $.735 to $1.10 --> good pick mackdunk,
lets see how your next one performs, as it must do a mighty run or Wisteria coming through as a last chance high risk gamble...
...
Wisteria success or failure will determine if you bump me off the top or not... I hope for your sake that drilling is not delayed as that would spell ultimate doom...
Stuff this FML... what a joke that one has become...

.^sc

[duncan macgregor]

The evidence on sharechat revealed that STRAT and your good self were running a poll to see if i was allowed PRC or not. I made it easy for you both by selecting MEE at 2-55 pm today at a price of 68c. You cant deny you two tried to run a poll so therefore MEE being an Aussie coal miner is my selection. Its a twistin and a turnin into a battle of wits. Macdunk

[duncan macgregor]

Now that you concede that old Macdunk is whippin your butt it will be interesting to see my mates STRATS figures on by how much. I think my MEE will end up whippin your butt as well notice you dont mention that one that you forced me to select when you objected to me selecting PRC. First seven rounds to Macdunk only five left. macdunk

[STRAT]

If you two dont start playing nice I will have to bang your heads together. Woops, strike that. Sorry Sue what I meant to say was send you both to the naughty mat to think about what you have done.

[duncan macgregor]

If you two dont start playing nice I will have to bang your heads together. Woops, strike that. Sorry Sue what I meant to say was send you both to the naughty mat to think about what you have done.

Thats why we have a referee. Start blowing the whistle give out the numbers SHREWDY and i dont want to replace you with his GRANNY. Come to think of it SHREWDIES GRANNY would be barracking for me after getting a bum steer from him. Macdunk

[duncan macgregor]

ITS NOT A PRETTY PICTURE LOOKING AT YOUR RESULTS YOU GUYS. Thats why we dont have updates or any comments on the subject. Hope you were smart enough to get out the market in time SHREWDY with a stop loss on your VPE. The market will crash after the olympics plenty of road kill coming up for me then. Hope you boys are still around to join me in the market when the sun reappears and we can all make hay together. Macdunk

[Nitaa]

Duncan... are you BRICKS?

[STRAT]

ITS NOT A PRETTY PICTURE LOOKING AT YOUR RESULTS YOU GUYS. Thats why we dont have updates or any comments on the subject. Hope you were smart enough to get out the market in time SHREWDY with a stop loss on your VPE. The market will crash after the olympics plenty of road kill coming up for me then. Hope you boys are still around to join me in the market when the sun reappears and we can all make hay together. Macdunk

Sorry fellas,
Ive been rather busy with dare I say it, more important things and when I havent been busy it has slipped my mind.
I will get onto it within the next few days. :o

[STRAT]

OK fellas I have half an hour to kill.

This is how it all started

Shrewdy posted this

share picking contest...
MD vs SC....We each pick two stocks and go on closing prices of this Firday the 16th Nov... one year long... starts on open the next monday for 1 year...
we pick one oiler and one resource stock each...
each stock has 50% weighting in portfolio of two stocks...
dividends are included etc.... no pusssy stocks like BHP, RIO or STO, woodside...
steel balls mate...
post before open on Monday...
Loser must invest in stock chosen wisely by winner.......
....
thats my suggestion, want to add anything into the mix mr mackdadunk?

Macca replied

The Only thing that i would like to add SHREWD one is that you must actually hold your selections at the time the game starts. That gives you one day to find a decent miner. JEEZE it looks like i must spend five bob and buy a stupid oiler. My miner for the long term of a year that i expect to go from todays price with 100% safety of being in the blue is AGM. It starts producing shortly it has everything in place and is in line for a take over play. Money where the mouth is i say at least a fifty pc gain in twelve months. Oiler i will think about and post tomorrw. HEY MATE can I be the REF?. Macdunk

This was the last performance up date

10/05/2008

Macca
NWE buy 26.5 current 18.5 70%
AGM buy 73.5 current 110.0 150%
Overall 110%

Shrewdy
VPE buy 16.0 current 21.5 134%
FML buy 10.0 current 5.8 58%
Overall 96%

Strat
MHL buy 3.3 current 1.7 52%
AMU buy 67.5 current 59.5 88%
Overall 70%


This is how I see it.

The intent behind the competition
To see who can come out on top with an oiler and a miner with a 50/50 split. Each of you got to choose a stock in your preferred field and one in the others preferred field.

Macca chose AGM which has since been delisted.

The comp was for a set period with no % of the initial investment to be added or removed for the duration. We could have made Macca hold the sell down value of AGM to the end of the comp which could be construed as fair but it was agreed by all he could have a second pick so it is reasonable to assume therefore that any gains made from AGM would be reinvested in PRC.

Before I post the update I should point out Macca that AGM bowed out at $1.09. Not $1.10

From Direct Broking
CompanyCodeChangeLastBuySellHighLowValueVolumeTrds AllegianceAGM.ASX109

In addition Shrewdy you posted this which means the exchange rate at the time needs to be taken into account. I will not add in brokerage because no money value on the purchases has ever been stated.

Since you picked the Share price Yesterday, Ive gone off todays open price... I think its the same as the close the night before...
SO
Mackdunk is now PRC (NZX) at $2.08, and NWE...
This NWE will cost Mackdunk the competition if AC/P32 two hundred million barrel target, comes up dry...

Once I determine the exchange rate at the time I will post an update