📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

MSE Fantasy Share Trading Competition

Options
2456

Comments

  • The_JinJ
    The_JinJ Posts: 468 Forumite
    Part of the Furniture Combo Breaker
    Bump for some more sign ups....:)
    Neil
  • Masomnia
    Masomnia Posts: 19,506 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Right, I'm in :D
    “I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I spend too much time on the real thing as it is ;)
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • rich68
    rich68 Posts: 59 Forumite
    Part of the Furniture 10 Posts
    Just joined and looking forward to having a go. Thanks for setting this up.
  • The_JinJ
    The_JinJ Posts: 468 Forumite
    Part of the Furniture Combo Breaker
    Well that's a few virtual quid invested :) Now to watch it all fritter away lol
    Neil
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    Good Luck Everyone.
  • purch
    purch Posts: 9,865 Forumite
    Lokolo wrote: »
    Good Luck Everyone.

    NO luck required :eek:
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    purch wrote: »
    NO luck required :eek:

    5 hours and £300+ profit so far. :cool:
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    edited 9 July 2012 at 2:13PM
    I put 5 mins thought in and I'll likely not touch it for the rest of the year.


    Portfolios seems to be hidden which is a shame I think.

    I just went with stuff I would have done recently. Like I said CNR was a buy in 50p area on a fall for no reason, unfortunately its already gone to 90 so on bad form I personally hesitate too much and not bought but for this game Ive bought as its cheap anywhere under 120.
    A non producer gold mine subject to usual volatility from the cashflow problems, etc JORC Asset worth is 30x the value now I think

    VGM is cheap if gold goes up here, actual profit by year end possible and growth, disaster if gold goes to 1000. [immediate breakeven p/l]
    XTA cheap I reckon, nothing wrong with them

    BLT has been this price every year for the last five and goes higher and lower but never really a terrible stock longer term. Meanwhile div pays just fine.

    Alternative idea was ESSR which isnt as risky as price indicates, just got cash for gas assets in Vietnam, but weird indian laws make it confusing so no for hands off playing

    Final one is ABG, pays div and makes profit and no reason not to, I dont see extreme risk for their production. All the gold miners fail to reflect possible upside or even current price


    Edit:
    I remembered a final one Ive thought recently. IF any of the stocks overshoot immediately I'll take up this idea by trimming profits, for now its just a reserve and in general I will be hands off for this comp -

    GENL rather then GKP is probably lower risk as partnered up to big firms
    Alternative idea is RRL which is a risky but clever solidly growing stock seems to be and right now its 'cheap'.
    Could go up 10x if they were right on somalia oil or flat for five years if dust only
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    Click this button so we can actually see the shares chosen, bit boring otherwise

    AWumw.png

    I done ok today as markets blip up for some reason ?
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.3K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.