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April Stock Tipping Competition Entry Thread!

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Joe Blow

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Good afternoon everyone! Welcome to the April 2013 stock tipping competition entry thread! :)

The April 2013 stock tipping competition is proudly sponsored by eToro. As the leader in social trading, eToro provides a simple, transparent and enjoyable way to invest and trade in currencies, commodities and indices online. See who is trading what in real-time, follow the best performing traders and automatically copy what the best traders do. It's the smarter way to trade.

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A quick recap of the rules for those not familiar with them:

1. You MUST have a minimum of 25 posts to enter.

2. Each entrant may choose one ASX listed stock. Options, warrants and deferred settlement shares are not permitted.

3. Stocks with a price of less than $0.01 are ineligible for the competition, as are stocks that are currently suspended from trading.

4. The winner is the entrant whose selected stock performs the best in percentage terms between April 1 and April 30.

5. The maximum number of entrants in the competition is 100.


The competition winner will receive $100. The second placegetter will win $50 and the third placegetter $25.

You have until midnight on Sunday, March 31 to enter. However, in practice, entries can be submitted until this thread is closed. No entries submitted after that can be accepted for any reason.

Those who qualify, please post your entries in this thread. Remember, once you have selected your stock, you CANNOT change it for any reason. Also, you must be qualified when you enter.

Each month we usually have some members who do not qualify for the competition but enter anyway. If someone who has selected a stock hasn't yet qualified for the competition, their stock is officially up for grabs! Just mention it when you post your entry.

Best of luck to all entrants! :D
 
It would be appreciated if those entering the competition could also supply a brief reason for their entry.

If it's the same reason as last month, then feel free to simply repeat it.

Many thanks for your co-operation! :)
 
KFE thanks Joe.

KFE gained the lease on an old Soviet Union Ion Ore pit (Nigeria) which has infrastructure including rail head to port already in place as they had proved up the quality and about to dig up when the wall fell.

Can produce ore at US$50 a Tonne. May be a few months tilll confirmation assays have been completed to prove it up for today, so worth the punt in my view.

I do not hold.

Huh first on :)
 
Tox

Sideways consolidation.

Just a punt this far out from end of month.
 
AVB

One day it might surprise. Has all of the fundamentals as a copper explorer hoping to become a processor. Time will tell
 
AVQ please.

Expecting some news about the progress of its litigation in the Solomon Islands, may be a bit of ramping leading up to that.
 
PVE this time please Joe.

They have just turned their maiden profit and I think the price may be beaten down due to the goings on in Europe.
 
QPN Thanks Joe!

Drilling will have to happen sometime....why not this month! :p:

It could be Dec though....who knows :confused:
 
QTM please Joe.
Business seems to be improving and expecting a stronger second half of the year. Used to watch this a few years back when it was 3c. Never bought them and they climbed to over 30c.
Not sure why I am tipping this, other than just a punt that news on improvement takes some traction. Or maybe Julia and co and the libs start the bleating and ramping support for all things green in their lead up to the polls (yawn)
 
NST please for me.
Iron Ore is picking up.
NST has good base and may not be fully aligned with market expectation .
Price has a bit depression with ex dividend.
Hopefully the rise in April make me a winner from a loser :D
 
TPD for me this month.

TPD is a fairly new company, demerged from TXN. Holders of TPD obtained their shares basically as a fairly trivial thing compared to their TXN holdings (the majority of their TXN holding was converted into SEA shares). The market didn't price much in for TPD and it was largely seen as TXN being converted to SEA shares. Consequently, many (most) shareholders initially see their holdings as a trivial afterthought, and since their parcels are far smaller than what they paid for their holding of TXN, many holders will have amounts they consider trivial.

Not surprisingly, the share price collapsed once the majority of shareholders were given their shares. Before this, when few were on offer, the price quickly jumped up to around 12-13c, and held around that value until the flood of sellers smashed it down, and it currently sits around 6.5-7c.

The current market cap is around (slightly less than?) the company's cash on hand, and the TPD also has significant assets. The book value is more than double the current market cap. I believe that once the selling pressure subsides the price should increase significantly. Being so undervalued relative to book value means it's likely to get either brokerage attention or perhaps even a takeover bid. Alternatively/additionally, if there is some positive development in terms of asset development the share price could appreciate greatly. Even if it just goes back to where it was immediately before the allocation of shares to a heap of investors with small parcels of low priority earmarked for quick sale, it would approximately double. If there is an improvement in the situation from any of a number of possibilities it could do better.
 
CLR : carabela for me this time,
seems to have reached a bottom, has trigerred my system buy and is at so low a level any move could end up huge in %.. so playing the penny stock ..I own some
 
LNC again thanks Joe.

Umiat drilling reports to date are promising but the flow rates from both wells to be spudded won't be known until April.
Also, the Qld Govt is rumoured to be releasing its UCG policy very soon which is likely to favour LNC.
 
NST please for me.
Iron Ore is picking up.
NST has good base and may not be fully aligned with market expectation .
Price has a bit depression with ex dividend.
Hopefully the rise in April make me a winner from a loser :D

Miner, I agree with you that NST has good prospects but in my view it has little to do with the Iron Ore price.
With the Cyprus situation seeming to come to a resolution, the gold price may weaken in the short term, which won't help NST.
 
mgx mount gibson iron

taking a beating in the now unfashionable iron ore stakes.

JC
 
PYM thanks Joe.

It has been totally butchered because of the problems with its recent drill.

IF (somehow) it actually clears the blockage it should soar again.
 
TNG thanks Joe,

TNG has a diverse range of commodities. Mt Peake resources increasing. Mine life of twenty years. Chinese backed.
Charts have recently shown an increase in volume spikes. Recent presentation looked good. sp 10c atm.
Omen....had the company name of Sirius back in the eighties.
 
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