June Stock Tipping Competition Entry Thread!

[Joe Blow]

Good morning everyone, and welcome to the June 2015 stock tipping competition entry thread!

This month's competition is proudly sponsored by Pepperstone - The World's Leading Forex Broker.

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Starting this month, I have decided to do away with the minimum post requirement to enter the competition. From now on, any ASF member can enter the stock tipping competition irrespective of how many posts they have made. I hope that change will encourage more entries.

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

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

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

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

4. 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, May 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!

Please don't forget to post a brief reason explaining why you chose your competition entry. One or two sentences is enough (feel free to add a chart if your reason is TA based). If your entry is the same as the previous month and the reason for choosing it is the same then feel free to just post the same explanation again. Thank you!

 

[drillinto]

EZL

Euroz Limited (EZL) is a specialist financial services company. The Company provides a range of financial services from stockbroking to corporate finance, and funds management. It undertakes its primary business activities through two wholly owned subsidiaries Euroz Securities Limited and Westoz Funds Management (WFM). Euroz Securities is entirely focused on providing value added services to institutional, corporate and high net worth individuals, in predominantly Western Australian based industrial and resource companies.

 

[bigdog]

FAR thanks Joe

Senegal presentation released by Cairn Energy released May 13

World class new basin play
•Up to six wells commencing Q4 2015
•Selected 7thgeneration dual activity drillship
•Full block potential of gross mean risked resource of > 1 bn bbls
•Rapid appraisal of SNE-1 discovery

AGM was held last Friday May 15

The Chairman stated at AGM :

"We have a tiger by the tail and there are some very big discussions ahead. We are very confident they (the discoveries) are probably going to get larger.

"They eyes of the global industry are on us to some extent. These are our discoveries. Our boys at the back of the room decided where to drill those holes and I think the joint venture was surprised at our level of competence.

"This is a 30 to 40-year project. We have to be sharp and make sure we are not steamrolled. Cath is obviously a very nice person, but I can assure you she has a fair bit of mongrel about her and so have I.

"We might be the junior partner, but we work the technical data hard rather than rely on the operator. We can therefore influence the direction this thing goes.

"Once the SNE appraisals are drilled, the eyes of the world will be on us. There is currently not enough information out there to enable others to understand what we have. By then end of the year we expect knocks on our door. We've already had some telling us 'we can help you with this or that'. I'd say by the end of the year we will be getting some serious offers. If we get a serious offer we will look at that. If an offer makes sense, then we'd talk to our shareholders about that. Our job now is to plan for success and assume we are going all the way to production."

 

[Melthar]

SPL - Starpharma: People seem to finally be paying attention to what they're up to. When the good news flows, it gives them a nice little kick.

 

[Miner]

WIN for me Joe.
It is near to Sirius. Price has dropped to 13 cents. Hope it goes down more by the end of month so that my entry point becomes very low.

 

[So_Cynical]

XTV - thanks joe, the recent drop in price may give me an advantage here.

 

[Purple XS2]

LCT - Living Cell Technology, a novel foray from me.

I'm not sure when they'll have anything to announce, or how good, bad or indifferent it may be, but if it's good & in this month's timeframe, could go bananas.

Thanks Joe!

P

 

[Tumbarumba]

FFGO please. FFG announcement of iCandy spin off/IPO next month with $17.5m to go to FFG sharenolders should launch these options (22c ;July 2016)

 

[Joe Blow]

FFGO please. FFG announcement of iCandy spin off/IPO next month with $17.5m to go to FFG sharenolders should launch these options (22c ;July 2016)

Hi Tumbarumba, unfortunately options are not allowed in the competition, only FPO shares.

Please feel free to enter again.

 

[Tumbarumba]

No worries.
PYL please. Canadian/Israeli/Aus. "joint" (haha) june announcement expected.

 

[Iggy_Pop]

AVB thank Joe. AVB currently doing a capital raising to fund development of copper production after failing to get finance to to do the development. Will be interesting to see the take up from existing shareholders for the capital raising

 

[jonnycage]

msv please Joe Mitchel Services, possible up turn in business

 

[robusta]

SRX Sirtex please Joe
Results out on the 1st hoping for good news.

 

[Craton]

VAR Variscan Mines thanks Joe.

Good results from fast tracking exploration of historic workings at the company’s Porte-aux-Moines volcanogenic massive sulphide (VMS) deposit in Brittany, France.

High-grade intersections from the first hole (PAM5) included:

31 metres at 10.4 per cent zinc, 2.1 per cent lead, 1.2 per cent copper, 105.5 grams per tonne silver, 1g/t gold from 236m (zinc equivalence of 19.6 per cent).

SP went ballistic on the announcement although an element of sanity has returned. I am expecting more good assay results to be announced, hopefully by the end of June.

 

[Klogg]

ICU please Joe.
Spin-off mis-pricing in my mind, think it's due for some love.

 

[Nortorious]

EGH for me thanks Joe.

The chart looks pretty good for a decent run. I have been trading this one live and averaging up. Expecting it to continue to progress North without too much overhead noise to contend with.

 

[gerkin02]

ete - Entek Energy thanks Joe.

After 6 years of legal proceedings, Entek has finally regained access to its focus ranch acreage (45,100 net acres) where 12-1 verticle well flowed 240bls oil and associated gas unstimulated. If oil prices continue to improve a farm out of this acreage could very well occur.

A 3 well drilling programme is due to start in July which Entek is free carried. Based on newly acquired 3D seismic, these will be the first horizontal wells in this area. Entek has 21,400 net acres.

The company also has about $1.5m in yearly cashflow from gulf of Mexico production.

With about $7.3m in cash and a market cap of around $12m, there is very little value attributed to their 66,500 net acres in the green river basin or their cash producing assets in the gulf of Mexico.

I maybe a month early, but there are exciting times ahead, even in a lower priced oil environment.

 

[noco]

I will stay with PRR again thanks Joe.

PRR have some come a long way with their C-Vac for ovarium cancer.

 

[issh]

EGP
ECHO ENTERTAINMENT GROUP LIMITED

http://www.couriermail.com.au/news/queensland/state-government-will-reveal-its-preferred-proponent-for-multi-billion-queens-wharf-project-by-end-of-june/story-fnihsrf2-1227338784680

State Government will reveal its preferred proponent for multi-billion Queens Wharf project by end of June

either June or July...

 

[noirua]

CGN Crater Gold - thanks Joe

It has terrific projects in Papua New Guinea and first mining started recently. It’s modestly targeting only 10,000 ounces initially, but at a cost of less than $400 an ounce. It potentially has a lot of gold to mine and it’s accessible. Everything is in place for this junior miner to move up in the ranks of gold producers.