• Australian (ASX) Stock Market Forum

Tipping Competition for Full CY 2018

Discussion in 'ASX Stock Chat' started by Joe Blow, Dec 26, 2017.

  1. Joe Blow

    Joe Blow Administrator Staff Member

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    We're off to a late start this year ladies and gentlemen, but we're going ahead because this 12 month competition is a popular one and I think we should make it a regular yearly event.

    The rules will be slightly different in 2018. As there weren't many changes this year, in 2018 there will be no changes allowed, so please choose carefully and with a 12 month time frame in mind. Also, all stocks selected must be $0.10 or more at the time of entry.

    So, to summarise:

    The final rules for the 2018 full year stock tipping competition are as follows:
    • Each entrant must select five ASX listed stocks.
    • No stocks that are trading at less than $0.10 on the day of entry may be entered.
    • A stock must have traded at least $100,000 in value in the five trading days prior to entry to be eligible.
    • If a stock is taken over it can be replaced. The exit price shall be taken to be the takeover price. The new stock must be nominated before the date the taken over stock ceases trading and the entry price of the new stock shall be taken to be the closing price on the day the taken over stock ceases trading.
    • The competition will run from Monday, 8 January 2018 to Monday, 31 December 2018.
    • Entry prices will be the price at the close of trading on Friday, 5 January 2018.
    • Entries close at midnight on Sunday, 7 January 2018.
    The cash prizes will be the same as in 2017:

    1st Place: $200
    2nd Place: $100
    3rd Place: $50

    Entries are now open. Please enter at your convenience by posting your entries in this thread. If you have already posted your entries in the 2017 thread, please post them again in here. Thanks! :)
     
    Last edited: Dec 28, 2017
  2. Joules MM1

    Joules MM1 ....everything has an art

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    thanks, Joe

     
  3. explod

    explod explod

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    NST
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    DRG. thanks Joe. Mostly gold with a sprinkle of lithium.
     
  4. Logique

    Logique Investor

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    Thanks Joe. I didn't do any selection changes in 2017, as I didn't like the idea anyway. I've had to drop the previously advised LPD, which is only trading at 5c.
    My updated 2018 selections are as below:
    GXY Galaxy Res
    KDR Kidman Res
    LVT Livetiles
    PLS Pilbara Min
    SXY Senex Energy
     
  5. pixel

    pixel DIY Trader

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    For 2018, I'm going with the "Feed the world" theme.
    Would have liked to include a couple of penny stocks, but with the 10c cut-off, my selections are -
    BUB
    CZZ,
    NXT
    RFX
    TWE
     
  6. mcgrath111

    mcgrath111

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    I'm a big fan of the Full Year competition, its interesting to see everyone's picks.

    I'm going on the inverse etf train. Giddy up!
    USD
    BBUS
    BBOZ
    BEAR
    QAU

    Thanks Joe,
     
  7. noirua

    noirua

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    DCC - DigitalX
    KYC - KYCKR
    EML - EML Payments
    MML - Medusa
    OMH - OM Holdings

    Thanks Joe
     
  8. sptrawler

    sptrawler

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    MCR - Mincor
    RHL - Rural Co
    HOM - Homeloans
    MLT - Milton
    AMP - AMP

    Thanks Joe
     
  9. peter2

    peter2

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    Reposted for convenience.
     
  10. peter2

    peter2

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    BSE
    MAH
    MMI
    MOY
    PRU

    Hoping it's a good year for commodities.
     
  11. Zero Sum Game

    Zero Sum Game

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    Coz I got a better chance at the wooden spoon!
     
  12. So_Cynical

    So_Cynical The Contrarian Averager

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    QIN is suspended, so will not meet this rule.
    • A stock must have traded at least $100,000 in value in the five trading days prior to entry to be eligible.
     
  13. systematic

    systematic

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    Joe,

    I didn't use the changes rule in 2017 either...however could you consider a more moderate rule of being allowed to change the stock if it's taken over / under takeover? That happened to me in 2015 or 2016 quite early in the year, and I would have liked to re-select.
    Or do you just want to carry it over to the new company and keep going?

    Either way cool, just posing the question now. I think either of the two options above are fair enough, but avoid having to simply stay in cash the rest of the year for that position (which from memory, is what happened with my takeover as we didn't really have all the rules down then - and doesn't really reflect what you'd do 'in real life')
     
  14. systematic

    systematic

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    Also re-posted from 2017 comp for convenience
     
  15. Younga

    Younga

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    AVZ
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    for me thanks
     
  16. Joe Blow

    Joe Blow Administrator Staff Member

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    OK, I think it's fair enough to allow people to change positions if a stock is taken over. I don't imagine a takeover will happen too often. I have edited the rules in the first post to allow for this situation. The 2018 rule is the same as the take over rule from this year.
     
    systematic likes this.
  17. Zero Sum Game

    Zero Sum Game

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    Woops. Remove the suspended QIN.
    MYR should do it.
     
  18. nulla nulla

    nulla nulla Positive Expectancy

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    FMG
    NAB
    SCG
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    VCX
     
  19. Parse

    Parse

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    ANZ
    CAJ
    KNL
    TRT
    WPL

    Thank You!
     
  20. oilleak

    oilleak

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    DTZ
    BHD
    NOV
    NTI
    DRG

    Cheers
     
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