May 2025 Stock Competition Entries!

[farmerge]

There's no need to dwell on this

As I understand it @Garpal Gumnut has more pressing needs than to be groveling with the peasants at present.

 

[TimeISmoney]

Yea-haw, back to 5 day highs.

 

[Dona Ferentes]

whittling down that pole position

.
l

 

[Dona Ferentes]

one week to go

 

[Dona Ferentes]

Monday close


.
c'mon, don't be shy

 

[frugal.rock]

@Joe Blow the rules.

The entry price for all entries is the closing price on the last trading day of this month.

So that means chazza really was on $0.014 as an entry.
The stock he picked had the rights issue well before the last day of trade.
After hours end of week adjustments don't count.
The system on here showed the entry as $0.014 originally for a couple of days, which was correct.

NWM had non-renounceable rights issue (1:1 $0.01, when the stock was trading at $0.014). Since the rights issue had some intrinsic value, the ASX calculated a dilution factor of 0.8571 against all prices prior to 2025-05-02. i.e. this is done on the basis that you would actually participate in such raising in order to "average down" your original purchase.

What @Richard Dale has said proves this @Joe Blow
"all prices prior to 2/52025"
It's the same as when a stock consolidates or splits, the charts are adjusted and it doesn't mean the stock traded at that price at the end of that day.

The total returns methodology system, as it stands, can't always be used in conjunction with the closing price of the last trading day of the month, because as we have found, it adjusts things after the fact.

That would currently have him/her back in 28th place on -0.285714285714%

Rules are rules.

 

[Dona Ferentes]

Monday close

c'mon, don't be shy

none of the leaders knocked off their perches, though it ain't over with 3rd is still in play?

 

[Richard Dale]

@Joe Blow the rules.

The entry price for all entries is the closing price on the last trading day of this month.

So that means chazza really was on $0.014 as an entry.
The stock he picked had the rights issue well before the last day of trade.
After hours end of week adjustments don't count.
The system on here showed the entry as $0.014 originally for a couple of days, which was correct.


What @Richard Dale has said proves this @Joe Blow
"all prices prior to 2/52025"
It's the same as when a stock consolidates or splits, the charts are adjusted and it doesn't mean the stock traded at that price at the end of that day.

The total returns methodology system, as it stands, can't always be used in conjunction with the closing price of the last trading day of the month, because as we have found, it adjusts things after the fact.

That would currently have him/her back in 28th place on -0.285714285714%

Rules are rules.

Common-sense rule is that if there is a coporate action with the ex-date during the month of competition then your entry price is adjusted accordingly, to put it in context of the current price, and for the purposes of calculating the gain/loss. Further to this, it is assumed that all volultary corporate actions are participated in if they are "in the money" (eg rights issues). An adjustment value is assigned to each such event, after close, with all prices prior to the ex-date being adjusted accordingly.

"After hours end of week adjustments don't count."

I really have no idea what you mean by this. It's a a monthly competition, so I had no idea where "weekly" comes into it. All adjustments/entitlements etc. are always performed after-hours, by definition, as they are part of the settlement process.

 

[Richard Dale]

FWIW, my prior posting appears to be applicable to a posting by frugal.rock who has since (apparently) blocked me.

Anyway, the question was relating to the entry price not being applicable to the "rules" of the competition, which I clarified.

Instead of learning more, or asking for more detail, he blocked me.

Nice work, champ!

I wish you all the best (you won't see this, of course - lol). You might learn soemthing about total return calculations if you didn't, of course, but good luck in your endeavours. I've only been doing data for 25+ years and trading for longer, so I might actually know something about it.

 

[farmerge]

Thank goodness this Month's Competition is nearly over, after today's effort
More contestants in the red zone than green.
One can only hope that the next two days bring forth a more positive outlook for us, the "Unwashed," striving to stay afloat in the nether regions of the Comp Ladder.

 

[Dona Ferentes]

A clear leader, at the end of the penultimate day

 

[Garpal Gumnut]

It's never over until the fat lady sings. Isn't it @finicky and @TimeISmoney . I myself am feeling quietly confident. Very, very quietly.




So few aristocrats and so many unwashed.

gg

 

[farmerge]

It's never over until the fat lady sings. Isn't it @finicky and @TimeISmoney . I myself am feeling quietly confident. Very, very quietly.

View attachment 200434
View attachment 200433

So few aristocrats and so many unwashed.

gg

@Garpal Gumnut For us the unwashed are in the majority, but pigs would have to fly past overhead for any of the top five to join the unfortunates languishing in red.

 

[farmerge]

I think that my chances of garnishing a top three position are no better than zero.
More likely a near bottom finish is more than probable the way my pick has nose-dived recently.

 

[TimeISmoney]

It's never over until the fat lady sings. Isn't it @finicky and @TimeISmoney . I myself am feeling quietly confident. Very, very quietly.

View attachment 200434
View attachment 200433

So few aristocrats and so many unwashed.

gg

First, at the other end.

I was in second position at one stage, believe it or not.

 

[Dona Ferentes]

I was in second position at one stage, believe it or not.

"Those were the days, my friend
We thought they'd never end
We'd sing and dance forever and a day
We'd live the life we choose
We'd fight and never lose
For we were young and sure to have our way ...

 

[farmerge]

First, at the other end.

I was in second position at one stage, believe it or not.

@TimeISmoney I think the terminology would be "having a quid each way"

 

[Dona Ferentes]

12:00 ... time slips away.

 

[farmerge]

12:00 ... time slips away.

View attachment 200487

All over bar the shouting for @Rypieee
2 and 3 need to dust off their wallets and pay the necessary blood money to be assured of their spots.

 

[Garpal Gumnut]

Well done @Rypieee , @Miner and @access . Worthy winners. Many of us in the unwashed class in awe of good stock picking this month.

Everyone else in the green did well to do so.

gg