Forum Archive Index - January 2001

["Ben Dutton" <bendutton@sharechat.co.nz>]

I'd like to thank Mike for taking the initiative and holding this competition - I'm going to have a long hard think and Email him my picks shortly - everyone else should as well!

 

Best Regards

 

Benjamin Dutton

 

----- Original Message -----

From: Mike Hudson

To: sharechat@sharechat.co.nz

Sent: Monday, January 08, 2001 9:47 PM

Subject: [sharechat] Beat the Brokers competition

Beat the Brokers Competition.

Seeing those brokers picks for 2001 made me think that a stock picking competition might add a little interest and light relief among chatters. All you have to do is to select the five New Zealand shares that you think will perform the best in 2001 (capital growth and dividends)

The prize will be a bottle of one of Nelson’s finest wines: (red or white, winner’s choice) delivered anywhere in New Zealand.

Rules

1. Each competitor has a notional $50,000 to invest
2. The stake is to be spread equally among 5 shares listed on the NYSE.
3. NCM listings can be included but unlisted securities options, warrants and other derivatives are excluded.
4. Contestants can have only one of the FFS and AIR shares
5. The winner is the contestant whose portfolio has the greatest value at the close of the market on 31^st December 2001
6. Dividends will be assumed to be reinvested brokerage free.
7. In the event of a company being delisted (take over, liquidation, non compliance etc) the value at the date of delisting will spread equally among the remaining shares.
8. I will keep the records and publish the standings monthly.
9. The judge’s decision is final and no correspondence will be entered into unless it is in the form of a bribe.

The opening prices will be those at the close on Friday 12^th January, therefore all entries to be in by 9.30am on that date.

To save cluttering up the board, email your entries to me at mikehudson@clear.net.nz I will post the full list after 15^th January.

 

Cheers

Mike H