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ASX Sharemarket Game 2006

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Re: ASX Sharemarket game

Originally Posted by StockyBailz

All though we still have reasons to celabrate, after siting that we made the 'local 5', witch gives us a bit of ensentive to move along to the 'Top 5'.
Click to expand...

StockyBailz

You always make the local 5 no matter how you are doing. That is what the local 5 is, your position in the entire field and the 2 people on either side. It is annoying though to see that the rankings dont update until after the market has opened on the next trading day, as the results shown are from the first day of trading and not cuurent.

Scott
 
Re: ASX Sharemarket game

Back again.... after a couple of beers and contemplating on the situation, 'Lefty' suggested that we should only report in once a week, proberly Friday. 'Big Dick' 'Richy' and I both agreed, seeming as you guys are doing such a good job keeping the forum alive. And 'Scrub' thinks we should only intervene if someone makes a crack at us or we have something really special and important to say!

Holding off on all bets.

Stockybailz.
 
Re: ASX Sharemarket game

scotty,

Thanks for that scotty, now we know why the beers are getting warmer. we all agree that we must be getting our hopes up and we must try harder. personally I think 'Hard On' has been getting a bit soft in his old age. Not to worry Scotty we will take your information and possible advice well in hand. 'thankyou'

Stockybailz
 
Re: ASX Sharemarket game

thanks jimbarmather

jimbarmather said:
Bullmarket,
It's still open
I joined yesterday
Barbara
Click to expand...

but when I go to this site it says registrations are now closed

Anyway, hopefully two heads will be better than one

bullmarket
 
Re: ASX Sharemarket game

Dear diary

Day 3 and we're still holding our heads above water overall - but by only about $140 atm this trading's a mug's game

Bought TEN and FXJ at open this morning - will just let things ride for a day or so and see what happens. Holding APN, FXJ, TEN atm
 
Re: ASX Sharemarket game

I made a whole $35 today, so am sitting on $50,273. I'm trying to work out how they sort out dividend payments, so am holding TAH and BSL overnight as an experiment... purely as a game strategy.

cheers
Mouse
 
Re: ASX Sharemarket game

Dividends are credited to your account on the morning that the company goes ex div
 
Re: ASX Sharemarket game

The experiment on holding shares for their dividends overnight worked. I went to bed with a portfolio of $50,273 and when I checked my portfolio this morning it was $50,988. A gain of $715 overnight.

Shame the real world doesn't work the same way

cheers
Mouse
 
Re: ASX Sharemarket game

Morning everyone

Anybody else experiencing problems with orders not being executed when they should be on the ASX share market game ?

This morning I was explaining to mrs bullmarket how the pre-open auction works and the concept behind the IAP. She then placed an order to buy X number of ORG at $2.91.

With ORG opening at $2.90 her order should have been executed at $2.90. I also see in the course of sales that ORG has traded at $2.90 on 2-3 occasions up to 10:40 and yet her buy order at $2.91 is still pending as we speak.

I've placed a few buy/sell orders prior to the market open last Thursday and yesterday and they all went through without problems

I've sent an email to the game's coordinator about this query.

Looks like I'll have to set up my own spreadsheet to keep track of our trades and portfolio size if the ASX game's record keeping and execution of legitimate trades is unreliable.

Just as well we are playing with funny money and not real money

Anyone else experiencing similar problems?

cheers

bullmarket

Update

just got this auto-reply from the ASX share game:

Hello,

Thanks for your email - a member of the Sharemarket Game team will respond within the next 72 hours.

For urgent assistance, please call ASX Customer Service on 131 279.

Regards
Click to expand...

72 hours..!!!!! (that's up to 3 days)
 
Re: ASX Sharemarket game

Hey bullmarket,

I had the same problem when I tried to trade DVC the other day.

If you go to the FAQ part of the game site they give you another webpage that you can log on from to help with these problems.

In my case, I deleted all my cookies etc over the weekend and haven't had a problem since .. touch wood.

Oh .. and while I'm here ... those dividend ones I did so well on, have gone back down ... bah humbug

cheers
Mouse

Editted to add ... heres the link to the answer https://www9.asx.com.au/Smg/CharityHelp#orders
 
Re: ASX Sharemarket game

Thanks for the tip Mouse



I looked through the FAQ but didn't see the reference to that web page. I'll go have a look, but I routinely delete all cookies and temporary internet files every time before shutting down my PC and so there shouldn't have been any cookies or temporary internet files (or very few at the most) when I logged onto the ASX game this morning

Re the dividends you received: well done - but I assume you are aware that stocks will normally drop about the dividend amount at the opening on ex-dividend dates before the prevailing overall trend leading up to the ex-div resumes.

Good luck in the ASX game - we're having a reasonably good day so far and it would have been even better had the ORG order gone through for mrs b.

We're about $330 up overall as we speak.

cheers

bullmarket
 
Re: ASX Sharemarket game

Please ignore all the jibberish posted earlier

We just twigged why our order didn't go through

$2.91 should have been $6.91

oh dear..!!!!!!.......

I'm getting too old for this...!!!

 
Re: ASX Sharemarket game

"Re the dividends you received: well done - but I assume you are aware that stocks will normally drop about the dividend amount at the opening on ex-dividend dates before the prevailing overall trend leading up to the ex-div resumes."

I knew they dropped, I just didn't realise it was on opening

Will add that to the things I am learning.

cheers
Mouse
 
Re: ASX Sharemarket game

bullmarket said:
Please ignore all the jibberish posted earlier

We just twigged why our order didn't go through

$2.91 should have been $6.91

oh dear..!!!!!!.......

I'm getting too old for this...!!!
Click to expand...

I've sent an apologetic email to the ASX and blamed mrs b.

(hope she doesn't read this post )

cheers and see you in the soup..

bullmarket
 
Re: ASX Sharemarket game

I'm slowly getting used to the fact that the value of my portfolio in the share market game does not include brokerage...

In my personal 'real' portfolio manager spreadsheet I calculate the nett value of each holding (nett of brokerage), which is what I prefer to see, and hence the nett value of my portfolio after brokerage.

We locked in a profit from our APN holding today and promptly watched our portfolio drop in value by $30 (brokerage)

Anyway, just in case there is anyone else out there who prefers to automatically calculate the nett value (after brokerage) of their real holdings and is not quite sure how to do it in Excel, below is a quick and dirty screen dump of a demo. Basically, you set up a table of your broker's brokerage rates and then use that table in a vlookup command to calculate the after brokerage value of the holding. So every time you enter the current share price cell G7, the nett value of that holding is recalculated in cell H7.

For display purposes I've pasted the actual formula in cell H7 in cell B4 but the Excel online help will give more details and examples of the vlookup syntax.

So whenever your broker changes their brokerage rates all you have to do is enter the new rates in the rates table and all the nett values of your holdings are automatically recalculated using the new brokerage rates.

In this demo,
For trades less than $10k the brokerage = $19.95.
For trades between $10k - $25k the brokerage = $29.95
For trades greater than $25k the brokerage = 0.1199% of the gross value.

Hope this helps someone.

cheers

bullmarket

ps...after close today we're about $355 infront overall....not setting the world on fire but our heads are above water
 

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Re: ASX Sharemarket game

Wow, have done nothing today and improved my ranking by 5000 places! Did anyone else get an email from the ASX today which read like this:

Don't be caught napping, our Game leaders have made 5% on their portfolios in just a couple of days.

Check the education resources on the ASX and Westpac Broking websites to help get you started.

Thought it a little cheeky myself! I just dont have the time to sit and watch
 
Re: ASX Sharemarket game


Hi Prospector:

Yes, had the exact same experience which seemed all the more amusing to me since - although I registered some time ago thinking I might want to play - subsequently decided I couldn't be bothered and did nothing more about it.
So I've not placed a single order yet I received the email saying how much my ranking had improved. I guess all it takes is for others in the game to achieve negative results and therefore by doing nothing your ranking becomes higher. Is there a lesson in this for those who rubbish the idea of relatively passive long term buy and hold investing??!!!

Julia
 
Re: ASX Sharemarket game

bullmarket said:
Please ignore all the jibberish posted earlier

We just twigged why our order didn't go through

$2.91 should have been $6.91

oh dear..!!!!!!.......

I'm getting too old for this...!!!
Click to expand...
Gidday bullmarket:

That is really funny. Good on you for going public with the sort of thing I'm sure all of us have done more than once.

Good luck

Julia
 
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