Australian (ASX) Stock Market Forum

October Stock Tipping Competition Entry Thread!

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Joe Blow

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Good evening ASF, and welcome to the October 2014 stock tipping competition entry thread! :)

This month's 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 10 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 October 1 and October 31.

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 Tuesday, September 30 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
 
Just a reminder to those entering to please post a brief reason explaining why you chose that particular stock. One or two sentences is enough, although more is always welcome.

If the stock and the reason for entering it are the same as the previous month, please feel free to simply post the same explanation again.

Many thanks! :)
 
FMG for me this month please Joe. It is so far down the gurgler any rise in the price of iron ore would cause a significant upswing in the share price.
 
TPD For me, thanks Joe.

If they can manage any success it will be their first ever :p
 
FAR thanks Joe

FAR holders are expecting announcement very shortly!

FAN 1 well is currently being drilled offshore Senegal

"Oil samples recovered in FAN 1 exploration well offshore Senegal" released on 27 August 2014 report

Far anticipate completion of drilling on the FAN 1 well by the end of this month.

The well has been declared a ‘tight hole’ by the Operator (Cairn Energy of the UK) and as such no information related to depth or formation will be provided during the drilling beyond what is required to meet ASX continuous disclosure obligations.

FAR is reliant on the Operator to provide information on the status of the well and any evaluation work.
 
TNG again thanks Joe.

Delay in the Tivan processing plant due to an improved upgrade hasn't helped the SP but any improvement in the long run will be a bonus to the DFS results which will follow from that. Not expecting much to happen this month with TNG because of that but if Woojin, Hyundai or POSCO were to make good their MOUs or LOIs and go into a binding agreement before then I'll be taking the top prize home this month. lol
 
Just over four days until entries close for the October competition. Don't forget to get your entry in!
 
AVQ please.

A few days ago they won a large court case against a Japanese company over mining rights in the Solomon Islands. The SP has retracted a bit since then, but should be plenty of room for improvement as they begin the mining process.
 
GEM please Joe.

Great growth industry. Appears to have quality management. Slight inexplicable downturn at the moment.

Probably not a competition winner but I'm not hanging my hat on resource stocks right now..

Struggling to find value anywhere.... :)
 
ARI Arrium for me Joe. All iron stocks are plummeting. ARI has a great ore quality, business plan and released rights at 48 cents. So even if it goes below 35 cents in a month's time I believe like other Fe stocks, it will rise to give me a winner . It will not at least put me in bottom list again in Oct.
If I may compare with iron ore price slide with ASF quality (comparing with HC). :)ASF will also do better and can not go any below. Sorry for my pun and hopefully the forum offers some frank soul searching opinion before it is too late.
 
CSS again for me thanks - hoping to see a repricing on the back of some big players accumulating larger holdings. Good underlying value.
 
NST for me thanks joe.

Picking purely on market action here. NST is very sensitve to the gold price and both have been whacked of late.

The Aussie price has held and I feel this realisation with a bounce also in US gold it may have a good run.

I have not seen such uncertain economic times and of course anything can happen.

Good luck to all. This is one of the big things for me on ASF and I do not mind coming last, it is the running along together I suppose.
 
Just a little more than two days left until the end of the month and we could really use some more entries for the October competition.

If you usually enter, don't forget to get your entry in. If you haven't entered before, why not give the October competition a shot?
 
Ill take AHZ.
Near term catalysts include European or US cardiocel data. Also expecting vaccine trial data results any day now...(hopefully Oct 1 to suit this comp :D)
 
AMP thanks Joe.

No particular reason other than that this stock seems to be coming back into favour.
 
PXG thanks Joe

A near term gold producer with extensive resources. Share price has been hammered lately along with all gold/resource stocks. It's valuation amongst brokers is over double where it is now.

And to Tyler Durden, all the best with AVQ. It will win the October comp.

Crom
 
I'll take a stab at LOM.

Reason: Buried in the half year report was a note about diamond inventories sitting at 384 carats. Assuming they are still recovering some diamonds and they still have the policy of selling when inventories reach 500 carats, there may be an announcement shortly about selling these diamonds. Pure speculation though and I don't own this one anymore.
 
Thanks Joe,

I'll go for NUF

"What has gone up will go up, what has fallen will fall further."
2nd letter of Garpal to the Ephesians.

gg
 
AVB thanks Joe. Soon to be copper producer. Quote from Annaul report - On 11 September 2014 the Company announced the grant of the full mining license by the Ministry of Mines and Energy of
Brazil
 
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