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Tipping Competition for Full CY 2019

Discussion in 'ASX Stock Chat' started by Joe Blow, Dec 4, 2018.

  1. Joe Blow

    Joe Blow Administrator Staff Member

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    Welcome to the Full CY 2019 Stock Tipping Competition everyone! :)

    Just a reminder that no changes of entries are allowed during the year, so please choose carefully and with a 12 month time frame in mind. All stocks selected must be $0.10 or more at the time of entry.

    The rules for the 2019 full year stock tipping competition are as follows:
    • Each entrant must select four 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 Wednesday, 2 January 2019 to Tuesday, 31 December 2019.
    • Entry prices will be the price at the close of trading on Monday, 31 December 2018.
    • Entries close at midnight on Monday, 31 December 2018.
    The cash prizes will be the same as in 2018:

    1st Place: $1000
    2nd Place: $500
    3rd Place: $350

    When entering, please be sure to post your top pick for 2019, the stock that you believe will gain the most in 2019 and the reasons why in the relevant stock thread.

    Entries are now open. Please enter at your convenience by posting your entries in this thread. Thanks and good luck! :)
     
    Last edited: Dec 29, 2018
    So_Cynical, sasch, bigdog and 4 others like this.
  2. peter2

    peter2

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    2019 is going to be a difficult year to predict for the ASX market. The world and Aust economies are growing slowly and steadily. This should be enough to make us confident that 2019 will end higher than 2018. However as usual, politics will interfere. The uncertainty of the effect of Trump's Trade War with China continues to rattle the US markets. China's economic growth is slowing and this will reduce Aust commodity exports and keep prices low. The Federal election in 2019 also has the ability to modify investor sentiment. Add in the chance of a US and Aust recession and it's certainly going to be a difficult year to predict.

    I'll be looking for small companies that have the potential to grow in spite of what's happening in the world and ASX markets.

    MMJ: MMJ Group Holdings ( Invests in companies involved with cannabis production)
    If the world economy goes to "pot" MMJ should be OK. My top stock for 2019.

    ACF: Acrow Formwork. (construction services, scaffolding)

    PET: Phoslock Environmental Technology (remediation of waterways)

    PNR: Pantoro Ltd. (gold miner)
     
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  3. mcgrath111

    mcgrath111

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    Here goes, the story of Bull meets bear.
    I had similar picks for 2018, and don't see much growth for 2019 either.
    Perhaps the housing bubble can finally crumble and take the banks down a notch.

    BBUS
    BBOZ
    BEAR
    USD

    The three b's:


    If I could short individual stocks in the comp I would go:
    MQG
    CBA
    CCL
    APT


    Best of luck to all!
     
  4. Joe Blow

    Joe Blow Administrator Staff Member

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    Good evening folks.

    Just letting everyone know that a sponsor has come on board the Full CY 2019 competition and has contributed $1,500 to the prize pool. As a result, first place is now $1000, second place is $500 and third place is $350!

    The sponsor involved has requested that they not be identified just yet. All will be revealed in the first couple of months of 2019.

    So with that kind of prize money up for grabs, you'd be crazy not to throw your hat into the ring! Don't forget to get your entries in before the deadline of midnight on 31 December. :xyxthumbs
     
    Last edited: Dec 11, 2018
  5. jbocker

    jbocker

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    Looking forward to this Joe. Just to be clear, we pick 4 stocks and the top tipster is the one with the greatest improvement % for ONE of their stocks (and not the combined cumulative of the four). And you CAN win with one of the stocks that was not your top pick.
     
  6. Joe Blow

    Joe Blow Administrator Staff Member

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    Hi j, apologies for any confusion. The 2019 competition is essentially the same as the 2018 competition except that each entrant will choose four stocks instead of five. The only other change is that each entrant must nominate their top pick for the year (i.e. the stock that will perform the best out of the four they select) and post the reasons for this in the thread for that stock before midnight on 31 December.

    As with 2018, the winner will be the entrant whose stocks (all of them on average) perform the best in percentage terms over the entire calendar year.
     
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  7. willy1111

    willy1111

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    JIN - Jumbo Interactive - Top Stock
    PWH - Power Holdings
    BBN - Baby Bunting
    FLN - Freelancer
     
  8. myrtie100

    myrtie100

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    NEA
    APT
    BVS
    CUV
     
    Last edited by a moderator: Dec 12, 2018
  9. Garpal Gumnut

    Garpal Gumnut

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    Pure unadulterated cruelty Joe.

    4. To Pick
    1. The best

    We shall squirm.

    gg
     
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  10. Joe Blow

    Joe Blow Administrator Staff Member

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    Ladies and gentlemen I have some remarkable news. The sponsor who added $1,000 to the prize pool yesterday has added another $500 today. This takes first place in the Full CY 2019 Stock Tipping Competition to a massive $1,000, second place to $500 and third place to $350. :eek::eek::eek:

    I have edited the two posts above to reflect the new prize pool. Get those entries in folks, and spread the word about the huge prizes up for grabs. Let's make the 2019 competition an epic one! :xyxthumbs
     
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  11. peter2

    peter2

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    @systematic Time to start the number crunching.

    sys1.jpg

    @explod Will this be the year for gold?
     
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  12. T0BY

    T0BY counterparty

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    OSL (top pick for 2019)
    BID
    AB1
    KRL
     
  13. mcgrath111

    mcgrath111

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    Edit, top pick is BBUS

    All hail the bears!
     
  14. tech/a

    tech/a No Ordinary Duck

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    Hmm I'm going to have to think about this more than
    I have in the past.




    Daffy Mind.png
     
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  15. myrtie100

    myrtie100

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  16. sasch

    sasch

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    1. SLR
    2. CLH
    3. MAH
    4. TLS :)
     
  17. myrtie100

    myrtie100

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    Hi @Joe Blow
    I've just realized that Doray Minerals is merging with SilverLake in March.
    Can I change my pick please?
    If it's ok, I would like CUV Clinuvel Pharma instead.
    Thanks :)
     
  18. Joe Blow

    Joe Blow Administrator Staff Member

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    Hi myrtie, I have updated DRM to CUV as per your request.
     
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  19. peter2

    peter2

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    Changing selections before Dec 31st is OK with me as I'll go through this thread carefully after Dec 31st when compiling the 2019 list. This assumes I'm still coordinating this comp. With the HUGE prize money on offer Joe may like to get some independent auditors to manage the comp.

    I hear the auditors of RCR might be available. :laugh:
     
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  20. Logique

    Logique Investor

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    I'll review the gold stocks and get back to you!
    Thanks in advance to Peter if you're going to manage again
     
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