March 2019 Stock Competition Entries!

[Joe Blow]

Good morning everyone and welcome to the March 2019 stock tipping competition!

This month's competition is proudly sponsored by FP Markets.

FP Markets is an Australian owned and ASIC regulated broker with over 12 years experience and 35 industry awards including Highest Overall Client Satisfaction 5 years running. They facilitate trading in equities, indices, commodities, futures, Forex and Bitcoin via their MetaTrader4 platform.

FP Markets offer 10,000+ equities, indices and commodities across all major international markets. All equity CFDs are DMA priced and 100% hedged. FP Markets are not a market maker so their interests are aligned with that of their clients. You can go long on everything listed on the ASX and international markets and they have the widest short offering of any Australian broker.

This month there were four entrants who forgot to post in the thread of their stock tip in accordance with the competition rules: @mikejosef, @$20shoes, @Tumbarumba and @DAB1975. I will give those four entrants another 24 hours to post in the thread of their competition entry. If they choose to do so then I will add them to the March competition.

Could all qualifying entrants please check their entries and entry price and report any errors to me in this thread.

Keep track of the results here: ASF Stock Competition Leaderboard

Feel free to discuss the competition in this thread as the month progresses.

 

[Zaxon]

I think we really should stop the comp right here. I'm happy with second place. Don't want to get too greedy.

 

[$20shoes]

Thanks Joe. Post now lodged for MGX

 

[Joe Blow]

Thanks Joe. Post now lodged for MGX

Sorry, just got around to adding MGX to the competition. It should update normally within the hour.

 

[tinhat]

You can kiss my entry, PAN, good-bye for March. The Macquarie bank has just forced PAN into a capital raising which is going to dilute shareholders approx 8%.

 

[Trav.]

You can kiss my entry, PAN, good-bye for March. The Macquarie bank has just forced PAN into a capital raising which is going to dilute shareholders approx 8%.

Yes roll on April's comp!

 

[Sdajii]

You can kiss my entry, PAN, good-bye for March. The Macquarie bank has just forced PAN into a capital raising which is going to dilute shareholders approx 8%.

Don't feel too bad; March has been a tough month so far and there are plenty of people below you... including myself... after my unbridled excitement at choosing it! Haha! I don't mind humiliation inthe competition, but I'm also overextended on SEA in real terms and on the paper I'm currently bleeding a little...

Most people in the competition are in the red so far.

 

[peter2]

@barney Thanks for the boost today, but please save your "ammo" for next week, the last week of March. @Zaxon seems to have plenty of capital and hasn't run out yet.

 

[Zaxon]

@Zaxon seems to have plenty of capital and hasn't run out yet.

Everyone sell AMG now! I hear the company is about to announce a profit downgrade. Pssst. Pass on the rumour.

 

[barney]

@barney Thanks for the boost today, but please save your "ammo" for next week, the last week of March.

Lol @peter2 …..

Could be back at 9 cents or up to 19 cents by the end of the month Pete …. You'll either be celebrating with gully water or Penfolds Grange Hopefully the latter

 

[barney]

Everyone sell AMG now! I hear the company is about to announce a profit downgrade. Pssst. Pass on the rumour.

That is untrue, unfair, unjust, unwarranted, unreasonable, unthinkable, unimaginable and unbelievable.

All in all … that is "totally Un"

Tell you what Zax ….. If AMG is over 20 by the end of the month and you run 2nd in the monthly comp. I'll shout you the extra $50

 

[Zaxon]

Tell you what Zax ….. If AMG is over 20 by the end of the month and you run 2nd in the monthly comp. I'll shout you the extra $50

Excellent. I look forward to it.

 

[barney]

Excellent. I look forward to it.

... At over 20 cents … I might shout the bar as well

 

[debtfree]

... At over 20 cents … I might shout the bar as well

Excellent. I look forward to it. LOL

 

[peter2]

The two stock race has turned into a three stock race with @kenny 's pick EM1 blasting higher. I see a few weak holders taking some profit on ANO. AMG is hanging on grimly.

 

[Zaxon]

The two stock race has turned into a three stock race

ANO is being polite. It doesn't always have to be winning and the centre of attention. Hopefully, it remembers its true purpose before the end of the month.

 

[aus_trader]

I'm at the bottom of the pile this month since My pick (BFG) is been sold down by a big hitter with a large multi-million dollar stake. See "bigdog"'s post in BFG, quoted below:

""
Street Talk
Ahmed Fahour sells $16.5m stake in Bell Financial Group

Former Australia Post CEO and now Latitude Financial Group boss Ahmed Fahour is selling his stake in ASX-listed stockbroker Bell Financial Group.

Bell's stockbroking arm, Bell Potter, was seeking buyers for Fahour's 21.8 million shares in a block trade after market on Monday.

The shares were being offered at 75.5¢ each, according to terms sent to potential buyers. The vendor was named as "Equitas Nominees Pty Limited /Ahmed Fahour".

The trade was at a discount to Bell Financial Group's last close of 86.5¢ and represented about a 7 per cent stake in the company.

Bell Potter was seeking bids by 9am Tuesday.

Fahour bought the bulk of his stake for 63¢ a share in December 2017, when investment bank UBS sold its 15.8 per cent shareholding.
""
Good luck to the top 3, looks like it's going down to the wire...

 

[peter2]

"Coming around the home turn and AMG takes the lead from ANO with EM1 easing into the clear to start its run. ANO looks to be tiring leaving AMG in front, but EM1 is powering up and is coming home hard. It looks to be a two stock race, but wait, what's this coming down the outside, LCK is flying home!. The jockey is throwing everything at LCK and it's responding courageously.

AMG, still in front, EM1 only a neck away with LCK another neck back in third. The stocks are racing past my commentary position and it's anyone's race. The winner may be decided in Fridays closing auction. What a race! "

 

[greggles]

"AMG, still in front, EM1 only a neck away with LCK another neck back in third. The stocks are racing past my commentary position and it's anyone's race. The winner may be decided in Fridays closing auction. What a race! "

"LCK now with its nose in front of AMG and EM1 as they race towards the post. Can LCK hang on to its lead before Friday's closing auction? It's anyone's race at the moment and the only thing for sure is that it's going to be a very tight finish indeed."

 

[debtfree]

I suppose it's too late to get a trifecta on

You can see I stopped whipping EAR on Monday.