Australian (ASX) Stock Market Forum

Can we do a yearly Stock Tipping comp for FY07?

Re: Can we do a yearly Stock Tipping comp for FY07 ?

Any stock on the ASX is eligable. And only stocks on the ASX are eligable.

July 3rd is the first trading day.

The percentage return averaged over your 3 stocks is your result. eg...

Stock 1 up 20% (including 5% dividend)
Stock 2 up 30%
Stock 3 down 20%

your average is 10%.
 
Re: Can we do a yearly Stock Tipping comp for FY07 ?

Are you going to have any limitations on caps or liquidity or is it any stock code listed on ASX?

What do you reckon 5 cent minimum share price?

This is meant to be investing. There's not many companies worth "investing" in that have penny prices? Or are there? :confused:
 
Re: Can we do a yearly Stock Tipping comp for FY07 ?

Realist said:
What do you reckon 5 cent minimum share price?

This is meant to be investing. There's not many companies worth "investing" in that have penny prices? Or are there? :confused:

depends what Mr Markets doing doesn't it? sometimes he can be very silly. plus low price doesn't mean low cap of course.

liquidities probably a bigger factor than price but since its only a muckaround comp for a few beers I don't think it matters too much either way.
 
Re: Can we do a yearly Stock Tipping comp for FY07 ?

So what shares are you thinking about Cuttlefish?

Blue Chips, Resource stocks, undervalued, those on an upward trend, stocks with high yields?

C'mon give us a clue....
 
Re: Can we do a yearly Stock Tipping comp for FY07 ?

Hey wait just a minute there. Is this investors' picks or long-term traders' picks?
Whoever makes the most from their combined 3 choices (including dividends)
So you get penalised if your company retains 70% of its thumping profits and Mr Market can't handle delayed gratification.

Nah!!! An investors' comp should be for 3 best return on equity.

Who swiped my dartboard???
 
Re: Can we do a yearly Stock Tipping comp for FY07 ?

So you get penalised if your company retains 70% of its thumping profits and Mr Market can't handle delayed gratification.

Yes!

Investing in a company that has a history of retaining profits and does not give back to its shareholders is always fraught with danger.

Hey wait just a minute there. Is this investors' picks or long-term traders' picks?

The timeframe is exactly one year. So both!
 
Re: Can we do a yearly Stock Tipping comp for FY07 ?

Ok the idea of picking and buying 3 stocks on a particular date is a big departure from the way I'd normally invest.

Firstly I usually accumulate holdings over a 3 to 6 month period by sitting under the price in an MM sort of fashion (and if it runs away without getting some - too bad - there'll be another chance on another stock).

Secondly I wouldn't just arbitrarily buy on the 3rd of July, and the typical time I'd start to invest in new holdings is after reading an annual or half yearly report that exposed an opportunity.

And the only stocks I've been accumulating at the moment are a couple of duds that have mostly been going sideways and probably will until they go broke LOL.

So I'm just going a dartboard pick from the blue chips (and the trader's'll have a field day paying out on me me 'cos at the moment they're all falling knives :eek: :D ).

TLS, QAN, TAH

And my prediction is that the winner is going to be someone that picks three small caps - one that runs on to become a 5 or 10 bagger, and 2 duds one of which will have been delisted by the time the competition ends. :D
 
Re: Can we do a yearly Stock Tipping comp for FY07 ?

TLS, QAN, TAH

Could you have been more conservative if you tried? :eek:

Fair enough though - you'll end up between 10% and 20% for this year.


I am thinking PRG, MTN and RCL at the moment (not locked in just yet).

And my prediction is that the winner is going to be someone that picks three small caps - one that runs on to become a 5 or 10 bagger, and 2 duds one of which will have been delisted by the time the competition ends.

500%
-100%
-100%

=100% return.

A 5 bagger in 1 year - good luck!! :eek:


I predict the winner will have 3 stocks that all gain a bit (no losers), one of them 60%, the other two 10 to 20%. For a 30% gain.

To beat 30% will be tough. 100% off 3 stocks - unlikely.
 
Re: Can we do a yearly Stock Tipping comp for FY07 ?

Okay, my first pick is FUN

My second pick is PRG

My third.. :confused: Still looking..

Price is effective at close of today.

C'mon folks add your 3 tips now..
 
Re: Can we do a yearly Stock Tipping comp for FY07 ?

I gather we don't have to buy today, but can come in at any time.

In other words, for the stocks we want, can we wait for a more opportune buy price in the near future (with the risk of course that we may not get it)?

GP
 
Re: Can we do a yearly Stock Tipping comp for FY07 ?

I gather we don't have to buy today, but can come in at any time.

In other words, for the stocks we want, can we wait for a more opportune buy price in the near future (with the risk of course that we may not get it)?

Yep come in anytime...

But I think the rule should be you need to sell at the closing price of June 30th 2007.

So you can come in any time - but late starters pay the higher tax rate cause they did not own the shares 1 year?

Anyone agree?

I've bought 2 so when I sell June 30 I pay half the tax for those. :D
 
Re: Can we do a yearly Stock Tipping comp for FY07 ?

NMS

CEO

HSN

:eek:

Investors usually buy shares that have made a profit and pay dividends...

I suspect 2 of yours may go down (or even under) by a quick look of their financials...

good luck anyway. See you in 1 year today to discuss.. :p:
 
Re: Can we do a yearly Stock Tipping comp for FY07 ?

Okay, my first pick is FUN

My second pick is PRG

And my third tip is AMC

Amcor - maybe they'll get taken over, they are unvervalued on past 5 years earnings anyway, so I'll take the punt - I do not own them I own the other 2 I've chosen though :confused:
 
Re: Can we do a yearly Stock Tipping comp for FY07 ?

Realist said:
but late starters pay the higher tax rate cause they did not own the shares 1 year?
I think you'll find that you have to hold the shares for one year and one day to qualify for the 50% discount, so if you buy today, selling on 30th June 2007 would still not qualify for the discount.

GP
 
Re: Can we do a yearly Stock Tipping comp for FY07 ?

SLX
MAE
JMS

Go for the growth
John
PS only holding JMS
 
Re: Can we do a yearly Stock Tipping comp for FY07 ?

I think you'll find that you have to hold the shares for one year and one day to qualify for the 50% discount, so if you buy today, selling on 30th June 2007 would still not qualify for the discount.

Bugger.. :banghead:

Who cares - everyone gets 50% - The ATO is being generous this time :D


C'mon guys enter your tips now!!!!!
 
Re: Can we do a yearly Stock Tipping comp for FY07 ?

Here's my pick:

ENG
UNW
UXA

I haven't based my pick on best return but on what I'm pretty sure will be a positive return in one year. :2twocents
 
Re: Can we do a yearly Stock Tipping comp for FY07 ?

One time we will have to have a compare systems tipping comp. Although that would be a lot of work for everyone as we'd have to post our buys and sells as they happened.
 
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