He is one eyed already STRAT losing the other would only blind him to all reality. Macdunk
Printable View
Mackdunk,Quote:
Mackdunk-NO you dont SHREWDY you cant change the rules to suit the market. I went along with you when you insisted that i take PRC. Then you insisted that the AGM gain be added to whatever prc did for the final count. You first of all insisted that i was not allowed to take PRC holding a non event poll. then when i took another share that you thought might do better you changed tack insisting that i do take it. Then when my good mate STRAT gets you on an even keel you get rid of him just to take advantage of poor old Macdunk who is smart enough to be right out the market in any case.
Whats wrong with you?, you cried, to chicken to invest in the market this year. I have a good mind to ask NITA to be the ref to sort you out once and for all. Macdunk
I have explained off all this before...
You took PRC fair and square, You left and did not leave a second pick, so We had no choice but to leave you with PRC... the ethics behind that carry on therefore stood for nothing...
I dont care who refs this gun battle... But one thing for sure, is Strat made his judgement... and I will clear up his judgement with numbers (hopefully over the weekend)... whoever takes over in the judge department will be starting with a clean sheet...
I dont care if jack rabbit junior Refs... as long as they are fair and impartial----> like we have seen so far...
Dont count your chicks just yet mackdunk...
This is just heating up...
NWE had a reversal, Wisteria drill about to spud...
sub 8cents upon failure...
CUE booming (as expected).... money in the bank as far as im concerned... this stock will perform in any market...
over 50% of my portfolio on it...
later you big cats...
:cool:
.^sc
Competition update...
Here it goes in order of performance...
mackdunk.... #1 position....leader of the pack...
NWE 26.5c ->11.5 ..... -56.6%......half of portfolio (divide by two).... -28.3%
AGM 73.5c à$1.09...... +48.3%
AGM got taken over, and Mackdunk wanted PRC on the ASX...
on SChat post 95 the date for mackdunks PRC purchase was on 10th of June...
I did a yahoo Stock ticker check and scrolled through the historical data to find the matching price on that date as Mackdunk was given PRC-NZX... Two months later he wanted it changed to ASX....
perhaps some transaction fees to convert NZX to ASX holdings..:D...
so....
PRC $1.65->1.54minus 6.67%
I have accepted that Mackdunk has taken all the profits from AGM and re-invested them into PRC ASX, therefore I have multipled the Performance of AGM (of its 50% portfolio weighting) by PRC's total performance...
as PRC is returning minus 6.67% I have minused .0667 from 1 to get .9333
and likewise for agm by adding (taken into acc portfolio weighting at that stage)...
1.483*.9333=(1.384%-1) increase of 38.4%/2=19.2%
19.2%-28.3%=-9.1%
To prove that 19.2% return for Mackdunks resource selections are correct I will provide an example using numbers so that the two old timers will have no problems understanding the seemingly hard but easy problem...
so $500 in NWE... and $500 in AGM (half each)...
$500 of AGM at 73.5 buys 680.27 shares which are worth 741.42 upon takeover value...which then buys 449.35 PRC shares at 1.65
which now makes those Pike shares at 1.54 worth 692... (2DP)...
which show a 19.2% return from his resource stock selections...
500 AGM at 73.5=680.27....680.27*1.09=741.42
741.42/1.65=449.35
449.35*1.54= 692
(692-500)-192....192/500=.384%/2=19.2%
$500 NWE=1886.79*.115= hahaha... I mean, it equals... 216.98
692 plus 216.98=908.98
(908.98-1000)/1000=-9.102%
Both Methods are exactly equal... do you confur Mackdunk?
Shrewd Crude, (2nd to last)...
VPE 16c->21.5 34.4%/2=17.2%
FML 10c->3.1 -69%/2=-34.5%
17.2%-34.5%= -17.3%
Strat -dead last, ( with a bucket of oil)
MHL 3.3c-> 1.2 =-63.6%/2=-31.8%
AMU 67.5c-> 48.5 =-28.15%=-14.075
-31.8+-14.075=-45.88%
mackdunk minus 9.1%
shrewd crude minus 17.3%
strat minus 45.88%
congratulations mackdunk...
Please check that my figures are correct, and post here (for evidence if we need to come back to it at a later stage)...
If we add in exchange rate gains, then our performance improves... (well, perhaps not for mackdunk while he was PRC NZX for two months before he bothered to say anything)...
exchange rates on the day the comp started have gone from 1 NZ dollar buying .8507 AUS to .815 (ish)...
perhaps at the end of the comp I will show our overall performance with exchange rate gains in an attempt to skew our results up so they look better...
:D
.^sc
Boy mackdunk,
you dont make running a competition easy do you!...
You confused the heck out of our mate strat so much so that he just stopped posting and gave up...haha...
:cool:
.^sc
[QUOTE=Shrewd Crude;221057]Competition update...
Here it goes in order of performance...
mackdunk.... #1 position....leader of the pack...
NWE 26.5c ->11.5 ..... -56.6%......half of portfolio (divide by two).... -28.3%
AGM 73.5c à$1.09...... +48.3%
AGM got taken over, and Mackdunk wanted PRC on the ASX...
on SChat post 95 the date for mackdunks PRC purchase was on 10th of June...
I did a yahoo Stock ticker check and scrolled through the historical data to find the matching price on that date as Mackdunk was given PRC-NZX... Two months later he wanted it changed to ASX....
perhaps some transaction fees to convert NZX to ASX holdings..:D...
so....
Laxmi,
Comp runs until mid November...
I think mackdunk is still leading but his NWE has fallen to bits...
and VPE did go up 15-20% last week...
Im still waiting for him to accept my working so I can model all else from it...
when he does that then we can update again...
It will be alot closer this time...
Im going to win this...
:cool:
.^sc
Was that a CAPTAIN COOKER that just flew past my window?. More chance of that happenibg SHREWDY than you pulling this one off. 19th of Nov is the finishing date. NWE was the share you were recommending your granny to buy remember. I at least called the market right by getting out of it at the start of the year with STRAT and your Shrewd self rubbishing me for doing it. Macdunk
mackdunk,
you were right for getting out of those resource stocks, it was good you could forsee how crap they really were...... perhaps with abit of nouse you could have invested those hapless resource dollars (into a "the money maker")....---> Oil....
I stopped talking about NWE in Sept/Oct last year... leave me out of that debate...
You can discuss that one through as much as you like, but I have nothing to do with it and fully pulled my money away last year when I disclosed it...
...
:cool:
.^sc
Mackdunk....
heres the results...
Some dim wit spent $100 bucks to push PRC.ASX up 10% on Friday, so I have selected the price of $1.43 in my figures...
Mackdunk
+14.265%-34.53%= a whopping minus 20.27%
Shrewdy
-37% +20.31= minus 16.69%
Strat
Somwhere further back...
Leader of the pack huh mackdunk!
:cool:
.^sc
no strat,
I did bag mackdunk...
But I can comfortably say that here... not many people read this thread right?;)...
if mackdunks resource stocks are going to get mashed like that in a downturn, what are they going to do in a crash?
mackdunk, its seriously time to address the investment strategy... oil needs you... you need oil...
become a ruthless oil barron, it suits your style...
:)
.^sc
Yeah right! Bank of America is now coming to SAVE the day for Goodman Sachs or something.
The bottom is now in sight but unfortunately there is likely to be some casualties. Rest assured it will not be the US dollar!
Oil or other resource stocks (IMHO)
at least over time!
Lehman Bros on the other hand. Toast!
nah mackdunk... im happy as...
:cool:
.^sc
im beating you in the comp... im alive and well....
The markets are doing a good job of reducing risk of a crash...
things could not be better...
:cool:
.^sc
Laxmi,
I dont know what all that is about...
I do know that mackdunk is on the ropes which leads me to believe that he has gone all quiet so he can sweep this under the cover when I demolish himmm:D....
Hey mackdunk, are you going to have a 5000 post party at your new pad...?
:cool:
.^sc
SHREWDY,GET OUT THE MARKET MATE THE CRASH IS STARTING. Downtrend leading up to a crash after the olympics was my selection in real life Shrewdy, pissed you lot off trying to warn you. I dont care who wins our competition you and i dont invest that way. macdunk
narhhghhh mackdunk... im on the market... sitting pretty here mate...major holding CUE only down 1.5cents today... roll out the red carpet...
:D
.^sc
Competition results are less than two weeks off...
This is heating up, but mackdunk has scattered from te thread... wont even reply....
nahh Joe king,
I got to learn these things for myself...
its too easy to follow others...
I got to make my own calls...
I got out of the market last year in the 3rd quarter...
I guess my inexperience came through by getting back on the market...
No, its still roll out the red carpet...
big things coming dude...
I lose time I dont lose money...
big difference...
all the best...
:cool:
.^sc
SHREWDY, only a couple of weeks for our result which in this market looks a mess. Thank god i am smart enough to read the market and not invest like this. I really dont have a clue who is in front i am to scared to look. Macdunk
one more week to go mackdunk...
I think its pretty close...
I will post the final results next week...
I will recheck the closing date...
I think its on the 17th...
:cool:
.^sc
STRAT we are all in the same boat lucky i saw it coming and jumpted ship.
SHREWDY, VPE was 16c still at 16c FML was 10c now 2c
STRAT, MHL was3.3c now at .4c AMU was 67.5c now 42.5c.
MACDUNK, AGM was 73.5c finished at 110c PRS 208c now 115c NWE 26.5c now 8.3c.
Some people might argue against running a stop loss whan investing or think that the fundamentals of a company are all important but the above is a good indication of how wrong we all can be. To be a long term brain dead dont know when to sell investor will get you results that compare to the above.
STRAT GIT THAT GUITAR OUT.
You gotta know when to hold, know when to fold, know when to walk away, know when to run. That my friends is how to invest in the market. Macdunk
hey mackdunk,
Im leading by 10% with two days to go...
The only way you could win now is if you bought a whole heap tomorrow, and then dumped them on the market the next day... hehehe...
You would have won this had you not invested the total amount of AGM into PRC as I said you could not, but you forced it and choose to dump it all on a stock that crashed (50%)...
I will be happy to run another competition with you again, but I will never run a comp where I have to pick a resource stock...
That evened it up more than I expected...hehehehe
:cool:
.^sc
1st Shrewd Crude
VPE 16c to 15.5c decrease of 3.13%/2= -1.65%
FML 10c to 1.8c decrease of 82%/2= -41%
-42.65%
2nd Mackdunk... watch this
NWE 26.5c ->6.5c ..... -75.47%......half of portfolio (divide by two).... -37.74%
AGM 73.5c à$1.09...... +48.3%
PRC $1.65->$.825 = -50%
1.483*.5=(.7415-1) decrease of .2585/2=-.129
-37.74 + -12.9= -50.84%
3rd strat the big cat-
MHL 84.85%/2= -42.42%
AMU 67.5c to 40.5c= -40%/2=-20.%
-42.42 + -20 = -62.42%
:cool:
.^sc
hey all... thanks mackdunk and strat for the competition...
this one year competition was a highly entertaining comp, and at times it was a farce... twists turns... Strat had to become judge 'judy'...
in the end he left his duty and stayed out of it... hehehe...
There was a whole bunch of debate that was made a whole lot more complicated when mackdunk original pick AGM and it got taken out by Zinifex...
He delayed his new pick when the markets were tanking (and went on holiday for a week), he picked Pike PRC when he should not have be allowed to... he rushed in real early on picking NWE when he thought I was going to pick it, which I never was... hehehehe...
we debated about how his AGM performance should be attached to the competition..
He said that his total AGM return (half the portfolio) should be put into his PRC investment (effectively leveraging his position, which was totally unfair)... I said no no no... ie while holding PRC for every 1 cent pike went up, his overall return went up 1.48 cents... which was unfair...
he said yes yes yes... so effectively his leveraged position cost him the competition when pike fell 50%, whereas had he not reinvested the whole amount into Pike then he would have won hehehehehehe...
Thanks mackdunk for the comp... I will never again compete with you like this where I have to pick a resource stock...
do you want to compete again next year for a one year comp but we can both pick two stocks of any sector?
your mate shrewd learning how to strut, taught by the master...
becareful what you teach me, it will come back to bite you... hehehe...
:cool:
.^sc
thanks Laxmi ( I think)...
hey mackdunk, do you want to run another competition, heads up, for next year... similar sort of drill...
:cool:
.^sc
2009 shrewd vs mackdunk competition...
same as last comp but
we can choose any two stocks...
this time it will not be restricted to one resource stock, one oil stock...
each stocks hold 50% weighting of portfolio...
If there is a takeover, a new stock is picked and leveraged off takeover price (ie- total funds reinvested)...
also, I am coming to Auckland in June for the Tua Cameron fight, so standings at the end of May will require the loser at the end of that month to buy the other a beer when I show for the auck meeting (you did not buy the poor uni student a drink last time):D....I will ahve to win one off yah... hehehe...;)
You taught me well mackdunk, to play the player and all that...
to wait until the last moment to submit and gather all information...
...just like last time I will let you come out of the gates all guns blazing by letting you choose the stocks first...hehehehe
This way I get a better idea on what risk return profile I need to aim for.....
hehehe...
outsmarted the fox...
hey, no judge this time... we can sort this all out between ourselves...
Comp starts on opening prices on first trading day of 2009...
Picks must be before open on that day...
ASX and NZX stocks only....
good luck, lets hope you can do better than the negative 50% las time...
hehehe...
:cool:
.^sc
One little change if i may SHREWDY not only stocks on the market but something with a fluctuating price that is easily measured like the price of gold etc etc as long as it is in the NZ arena. Unlike you i missed the downturn warned you to get out the market numerous times so perhaps this year you might get taught how to ride a recession out and still make money. Your old mate Macdunk
lets discuss this mackdunk...
Im all for new ideas that will work, but...
im not so sure this idea will...
You are likely to go out and make two commodity positions, and I will have to follow you...
You will pick two resources , and I will be shut out of the comp...
We could always run two comps, both are fairly mini ones eah...
one stocks, and one commodity-> this is the only solution I can think of on the spot...
:cool:
.^sc
SHREWDY its pointless being in a competition in something that you dont do in real life. You pick two of whatever you are doing and i pick two of whatever i am doing. It must be something with an easy to work out price like shares, Gold, Silver, etc or some other commodoty with an easily recognised price on the open market. You might want shares in a company i might want something other than that. As long as the price at the start and end are open and fair for all to see in an easy way to work out then alls fair. I see the share market going no where next year you might see it different so lets have a real competition. Whatever you choose must have an easy to buy and an easy to sell price. Macdunk
Mackdunk,
Firstly,
I wrote up a big long post describing all... But then I thought, hummm whats the point in telling you the tricks of the trade.......
Mackdunk wants an open competition on anything we can price "in real life", "openly described by the open market"....
I then thought well I can openly price anything I want... (a can of worms)
mackdunk--->I can lock in guaranteed profits...
so ok, I will out smart you if you want to play like that...
I will have my picks in at 928 am (ASX time) on the first trading day of 2009 if you want to play like that...
but mackdunk,
whats the point?
we can price anything you want... as a hint I can price TV's and candy from the local store on open and closing prices if you want to play like that...?
but then we are getting silly...
so why not keep this real, and keep this open to the sharemarket as we have played...? if you want to get silly, then we can play a silly comp for fun?...
this is and always has been about the sharemarket...
If you want me to steal candy from a baby then just say go go ga ga...
:p
.^sc
mackdunk,
I want to give you one last warning on where you are heading this competition, because yes...! this is a competition between you and me, and decisions are between you and I...
If you want to go down this line then thats ok...
I give you one last chance to reconsider...
You can not outsmart me...
Before you head down that line, I will say right now that I can lock and load guaranteed profits of 100% minimum... and I will post pictures and all to prove it... let the imagination run wild...
its up to you?
;)
.^sc
SHREWDY first of all if i buy a tv on the first of jan to sell it in dec i would run at a substantial loss. I would prefer to keep it a competition where your money is where your mouth is. That is for instance if i bought an oz of gold on the open market to later sell it on the open market in an easy for all to see the common price. Like i said at the start of this year the market would downtrend leading up to a crash but still entered the competitions to watch my predictions come true. Whatever you buy must be on the open market to everyone at the standard price for all to see in something beyond dispute.
The time to get smart is when all around you is acting dumb to blind to see opportunities in a crashing market.
You might like to stick your money on in a downtrending market trying to pick the bottom but i like in times of turmoil, buy material things that you can see to hold, and gain value. Dont chicken out mate start thinking for a change or i will get STRAT back to talk some sense to you. Macdunk
mackdunk,Quote:
Dont chicken out mate start thinking for a change or i will get STRAT back to talk some sense to you. Macdunk
no need to get strat in here... he will only run away when this heats up...
... I can get reliable quotes from sources...
I will buy a kilo of something and supply a docket...
I will take a photo of what im buying and the price will be in the photo...
There will be a price given that all others can refer to...
So mackdunk, its not what I want, its what you want...! I am happy to accomodate your suggestion...
I will make a monkey out of you, oh oh ah ah... so again im warning you to not let me outsmart you... and thats exactly what I would do...
Keep this simple, and the way we have played this...
or run the risk...
The ball is in your court...
I strongly suggest you reconsider...
hehehehe....
;)
.^sc
Fair enough Shrewdy it must be something bought on the open market like we would do in real life with a bought price followed by a sell price which is on the open market. Example might be the price of gold for instance on the open market which has a price for all to see.
That is a real life situation when you think the market will downtrend.
I will stick my two selections on straight after christmas in something that in real life i may or may not be doing. Good luck mate might come down and see my mate tua knock your young fella over myself. and buy you a cold one. Macdunk
I have nothing more to say mackdunk...
read my posts carefully...
I will think about not picking one stock if you make it like this, it will be too easy...
peace....
:cool:
.^sc
Lets open it up SHREWDY to a bit more of real life. Lets have three selections of What you are doing in real life, its pointless to say two or three stocks if you are right out the market expecting the market to down trend. The only thing is it must be in an open market with prices easy to to work out. Nothing allowed where its a debateable price.
I will go first with one of my first three To give you the idea.
1, I am buying oil with my first pick.
To make it fair and get it in context i will pick the lowest price in the warehouse per litre of 20- 40 engine oil on the last day of the year to the last day of the following year.
That is in real life something that i have done in a much larger scale.
I might pick a stock or some other of my investments in real life so make it as many as you like as long as its not more than three. I dont mind if you win as long as i win in real life like i did this year by staying right out the market much against your advice. Macdunk
1) long term fixed house loans, CUE at 14.5cents... and one other for you right?...Quote:
Lets open it up SHREWDY to a bit more of real life.
1)Lets have three selections of What you are doing in real life, its pointless to say two or three stocks if you are right out the market expecting the market to down trend.
2)The only thing is it must be in an open market with prices easy to to work out. Nothing allowed where its a debateable price.
3)I will go first with one of my first three To give you the idea.
1, I am buying oil with my first pick.
To make it fair and get it in context i will pick the lowest price in the warehouse per litre of 20- 40 engine oil on the last day of the year to the last day of the following year.
4)That is in real life something that i have done in a much larger scale.
I might pick a stock or some other of my investments in real life so make it as many as you like as long as its not more than three.
5)I dont mind if you win as long as i win in real life like i did this year by staying right out the market much against your advice. Macdunk
2)Humm... refer to point number 3)
3)debateable, or what... just get quotes on Boxing day when all the big specials are on...
what about different warehouses setting different prices for the same product to suit consumer demand...
4)good for you, between you and the king the mind boggles...
5)I always win in real life mackdunk....I will remain humble mackdunk... I dont need to prove myself against you any more...
Ive said it all...
in a snap shot in time, id rather have 10 bucks to my name than negative 50k....
Hey...
As I said, this will be turned into a total monk fest...
Quoting prices from warehouse and all that...
I would have quoted Bananas (as my previous clue)... prob cherrios or something.. I know of a butcher that gives one a cherrio as a taster to kids...
Maybe next year that free taster is gone so Id have to pay for it...
so thats infinity return on investment... 0->say 10 cents a cherrio or whatever...
This will get so silly that you are now wasting my time...
Come play stocks and dont pussy foot around buying paper and pencils....
im not interested in this sort of comp anymore even though I previously was all for it....
Lets play like men, not like boys...
two stocks...any two....
:cool:
.^sc
I wont pick two stocks SHREWDY the market is crashing about to get worse like i have told you all year long. I bought barrels of oil in real life plus some other material things that you might have been interested in if you had an open mind. This crash is going to worsen you are welcome to pick two stocks. I only suggested the material price of 20-40 engine oil at the warehouse as something to gauge the buy sell price from. Will America bail out the auto industry throwing good money after bad or will they have massive unemployment?.
If you want a contest stick your money where your mouth is and lets have a real contest not some stupid make beleave farce. I cant find one stock in the market today that gives me any faith in a positive one year return that beats the bank. Macdunk
I agree with keeping with the real world, but lets be honest. McDunk is right. But then there would be no sharetrader competition.
Its the buy and sell price of something that is open and above board on the first and last trading days of 2009. I gave SHREWDY that i was in to barrels of engine oil. I suggested that be counted at the lowest price per litre of 20-40 engine oil on the last trading day of each year in the warehouse which is easy to check. SHREWDY in turn only wants shares in a downtrending market and is stuck in his one sector market losing heaps. I might think gold or silver or have a gold mining company on the market but he wants to get stuck in a losing grove with rail track thinking. Get with it SHREWDY, open your mind up, you lost your chance on property with low deposits, broaden your horizons. Macdunk
You guys ever thought about heading up an Americas Cup syndicate?
ok mackdunk, you just heard my sob....
its back to business...
as usual becareful what you say because I dont want to have to quote you...
I will tell you right now what I am going to do...
I am going to buy television sets...My only question is.....
In our yearly competition, is it something we COULD do in real life?
another question, as we are buying home items etc, do we have a set figure... 100k, one mill?...
and its three seperate asset classes right?
peace
:cool:
.^sc
SHREWDY, In real life you buy something to on sell it at a profit. Like i told you i am in the process of buying barrels of processed lubricant. To come to a fair buy and sell price we will take the cheapest price at the warehouse for 20-40 engine oil on the last trading day of each year. That will be one of my selections the other will be the gold price. The share market is not a place for my money right now so why bother in make beleave. I only intend to select what i intend investing in and thats material assets simply because thhe monetry system is in a very risky state of flux about to worsen. Macdunk
CUE
HZN
NZO
those are my 3 picks...
:cool:
.^sc
HI shrewdy sorry that i am late, so will allow you to fix the prices.
As you know i think that the market this year will go no where, so i will stick to the reality of what i actually invest in without going in to detail.
PPP invested in Australia simply because of the take over potential.
My second selection is based on what i actually did. Barrels of processed engine oil which follows closely to the prices of crude percentagew wise.
my last investment is money in the bank at 8% in Australia think rather than have a competition on what you and i dont do, we should keep it to what we actually try and do. , the oil price, plus the PPP price Shrewdy thats how i see 2009.
Remember Shrewdy its picking the market that counts. not thinking you are right and the market got it wrong.
No arguments from me SHREWDY stick the prices up mate.
Hope you learned to pick the market from last year and not to get bogged down in stupid PE or fundamentral crap that flies out the window in times like this.
Material things hold their value over time learn to understand that mate money is only a promise to pay. Macdunk
ok mackdunk...
Im calling victory already...
You cant be going run of the mill against me and hope to win...
you provide further details of your process engine oil investment.....
and prices...
Id like to know which bank you can get 8% from in aussie...?
also, it will need to be after tax...
I will post the stock prices soon...
:cool:
.^sc
SHREWDY, I wont go in to detail of what i do in private business when most of you are to scared to even use your real name. The sharemarket will have a bad year so no point in me selecting companies for the sake of it when i dont invest like that in any case.
Pick what you like out of this lot.
1, OIL is $42-75 todays price a barrel I bought barrels of high grade engine oil in real life with a price that is closely tied to the market price.
2,ASB in NZ todays rate is 7.43% I have a higher rate in AUSTRALIA bought last year.
3.Silver $11-10 at todays price.
4 GOLD $853-85,
I pay tax on shares so dont complicate things. The market is heading down in 2009 you would be wise to rethink your high risk investing style.
Pick what you like out of that lot i dont care. Macdunk
Mackdunk,
I wont use my real name because of paparatzi...;)....
no problem for you not selecting listed companies...
thats your choice to fix yourself at the bottom...
can you give a price for your engine oil?
remember it has to be a price that can easily be tracked by all people in the market, as you said...
I will put up the stock price on the first day of this year of PPP, but it is up to you to post the details of your other two investment choices...
:cool:
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Happy New Year Duncan. Hope the far North is treating you well. Ive kind of got the impression you have returned to the barter system since leaving the Auckland provences.How many eggs or home made loafs of bread can you get up there for a 4lt pack of 20/40? :D
Many a true word spoken in jest STRAT. I keep a cocky going in sea food he keeps me going in home kill. I think the barter system might make a come back before this crisis ends. Great fishing up here, keep the neighbours in tucker. It looks like young SHREWDY needs another bad year to straighten up his thinking.
Hope you keep out the market mate its going nowhere for a very long time. Macdunk
Mostly out but cant resist a play here and there :DDo I remember something being said last year about taking us fishing? :D
ok mackdunk,
we have opening prices for the year...
CUE 10cents
HZN 14cents
NZO $1.28 (NZX)
and for you
PPP 28cents
:cool:
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hey Mr Mackdunk aka the fed express....
so for this years comp I will compile the complete list...
In real life Mackdunk fix's his loans, So I will let the fella have a fixed deposit rate for the year at 7.43%... But I will tax that, because all interest gets taxed...
There are some examples where shares are and are not taxed, so we will keep share untaxed (my shares are tax free)...
and I will assume Mackdunk has WTI crude at $42.75 US...
So,
Shrewd crude
CUE 10c
HZN 14c
NZO (NZX) $1.28
Mackdunk
7.43% interest locked...
PPP 28c
oil $42.75 US...
I will update the comp next month...
thank you...
:cool:
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HEY CRUDE ONE YOU ARE IN MY REAR VISION MIRROR ALL OVER AGAIN.
SHREWDY
1, CUE 10c still 10c
2,HZN 14c now 12c
3,NZO 128c still 128c
This is an over all loss
MACDUNKS WINNERS if Shrewdy can make his mind up about what my selections were.
1, GOLD $853 now $975.
2, SILVER $11-10 now $14-04.
3,money in the bank is a plus at fixed interest of 7.43%pa
4, OILwas$42-75 now $39-60.
5, PPP 28c now 30c.
You are not doing to well mate so hope fully you will come right in the end.
mackdunk,
what a load of hoey... cock a hoot...
hahaha...
hey...
you picked PPP at the start of the year at 28cents...
it is now 30cents not 40cents...
you did not pick silver or gold in the comp...
I would have picked them, but Im confident I can outperform them both...
you know how it is mackdunk...
Do you want to up the anti, and make a sidebet...
The loser has to go to the opposite Sharetraders meeting...
ie if I lose I have to go to auckland meeting before July next year...
and vice versa... and the loser has to pay for the ticket...
put an airline ticket where your mouth is then...???
:cool:
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Sorry about my little mistake Shrewdy looked up on the NZX should have looked up on the ASX. I dont bet Shrewdy on things that can change beyond my control, you should take a lesson from that. Remember it was me that warned you the crash was coming, warning you again that its going to get much worse. Macdunk
good to hear that mackdunk...
Im very proud of you...
I cant be bothered saying the same things over and over...
refer to my previous responses...
Im all good mate...
dont feel pity for me...
;)
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I dont know what your talking about Mackdunk...
Cant remember...
;)
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Will we only get an update in the unlikely event that you sneak up in front.
SHREWDIES selections
1,CUE 10c now 10.5c not bad if you hadnt bought at 21.5.
2,HZN 14c now 12c.
3, NZO 128c now 119c.
Macdunk selections.
!, Gold $853 now $926-55.
2,Silver $11-10 now $12-92.
3,money in the bank at 7.43 pa interest in Australia.
4, oil $42-75 now $40-07.
5, PPP, 28c now 29c this was the only share i would have bought. You can add at least a 2% exchange rate gain to that so far with lots more to come.
Its like i keep telling you SHREWDY get out the market money is crashing buy material assets.
hey hey hey mackdunk,
great to see you out of the trees...
mate->for this comp we each got 3 selections....
You choose...
7.43% interest locked...
PPP 28c
oil $42.75 US...
forget about gold and silver...
you never picked them....
there is no way you will win this comp thie year....
Its just not possible... I will update the results shortly
;)
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narghh mackdunk,
im staying in the market...
Dow down a whopper....
yeah ahhrrrggghhhhhhhhh
stoked mate...
:cool:
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hey mackdunk...
Im holding CUE...
Im not holding a market portfolio...
read the LMP thread NZX, ive sold up all my other stocks last year...
AKK, LMP, CTP, WHN... all are down real heavy....
holding cue only, and damn proud of it...
fairy tale dream....
I hope you win this comp...
you have a good chance of being savaged by a kid, in a major downturning sharemarket, when your picks were off market......
wouldnt that be a hiding...
:cool:
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hey mackdunk...
results standing....
easy to do 10k each so 30k portfolio....
Mackdunk...
PPP 28c now 29.5c=$10535.7
oil $42.75 now $40.07=$9373.1
interest in bank... a massive $10,123.83.... (mackdunk is rolling in it...) heheheheh
mackdunks total...
$30,032.6....
32.6/30,000= .1% return....
shrewds total...
Cue 10c->10c $10,000
NZO $1.28-> $1.24= $9687.5
HZN was 14c -> 12c= $8571.4
equals $28,258.9
-5.8% return....
damn,,, I should have done it over the weekend when HZN was 14cents.... hehehehhe.....
hey mackdunk....
last year Pike River pulled mackdunks performance apart.... this year it will be his choice of interest in bank....
:cool:
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I take it SHREWDY that we dont play your little game with any kind of reality to what we do in real life. I had gold and silver from day one which you ignore. You in real life lost half your bank on CUE and will shout about winning if you get half your loss back. I only selected PPP simply because of cash in the bank with a likely take over looming otherwise i would have selected nothing.
I look on the monetry system is in a high risk area of total collapse. You can be as smart as you like but i think you will run at a loss over the length of the competition.
Material assets that will hold their value in whatever system of exchange eventuates when this mess of debt gets sorted. Remember it was me that timed the downtrend leading to the crash almost to the exact day. Hope for your sake my next prediction is wrong about total collapse. I sit on the fence laughing at you taking all the risks. Macdunk
hey mackdunk....
anythings better than being bankrupted in a fixed term house....
as for your other query...we had 3 picks each.....
you choose to blow two of those picks by selecting PPP after it had run up.... and you choose to end the comp short in a firey pit of doom, a limp noodle type pick.... a critical mistake...
you could have had gold and silver....
you prefered to have made $123 on that 10k of cash through interest.... come on man.... this is me dude... not a limp noodle later on this year...
;).....
3 picks mackdunk....sorry you couldnt have fit them all in....
realistically it should have been 2 stock picks the same as last year, I reneged for you....
:cool:
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Haha,
I see you fellas are still in need a Ref. Not surprised that no body has put their hand up for that job. It wouldnt be easy :D
Good on you STRAT we need a ref with that SHREWDY cheating old Macdunk all over again. I got out the market saying the only thing worth buying was material assets right at the start. I said keep it to what we actually do not get into some ficticious load of codswallop.
OIL, GOLD, SILVER,money in the bank, with the only share being PPP simply because of cash in the bank with take over potential.
Sort the young punk out STRAT in a nice way he is on the move. He got kicked out of his flat for messing up the kitchen wouldnt have happened if it was his own kitchen but you cant tell some people eh?. Macdunk
thanks yankiwi,
your right,
we dont need a ref...
Mackdunk is a complete mad hatter...
I wanted a 2 pick comp on shares only... mackdunk came back over the top saying 'what I would do in real life picks'...
he wanted 3 picks of anything...
so I thought fair enough....
wasnt happy...
but still agreed to change the rules to accomodate his conservative needs...
... Now that the DOW is at ultra lows and my stocks havent fallen a heap, infact NZO up easy 10%, CUE up 11.5%, and HZN down 10% he wants to blow his trumpet....
He thought he could beat me with 7% interest in the bank...
hahahaha....
mackdunk... 3 picks... you clearly chose interest in bank, PPP (at an expensive price), and oil....
leave gold and silver for the discussion threads...
they mean nothing here....
:cool:
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Yankiwi,
thank you for your offer...
I will take you up on that if we run into problems...
:cool:
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mackdunk,
you badger me about this point...
NO IM GLAD, I NEVER LISTENEN TO YOU
Im happy with my decision...
Im feed up with you on this point...
yourve gone into over kill.... I have explained this off probably something like One dozen times...
when will you let it rest?
I made my own decision and I did get off the market in late 2007 (entirely), but then got back on because I had a company which was suppost to be a hedge against the market falling.... but its key project got delayed...
had I listened to you I would have bought a house with that money, and now id technically be negatively geared losing money in a falling house market leveraging my money into bankruptcy paying excessive interest costs of a fixed term house.....
so am I happy I listened?
you would have finished me off before I grew out of a grub...
you have lost in the market crisis, with your excessive costs of fixed term mortgages......
2008 I lost money...
2009 making it back....
CUE already rebounding...
read the thread, and read the ann today....
a fairytale dream mackdunk, that you wont tamper with...
this is my dream...
and im going to show you how to do it in the grips of dispear all around...
I will finish you off in the comp...
and I hope after two nil, that you will still come back for more....
:cool:
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Macca all we really have is time and Shrewdy has the biggest account balance. Let him loose. He has boundless energy, enthusiasm and drive. Im sure you remember this from the first time you met him and that is one asset you dont want to put a lid on. It will mean a lot more than todays markets in 20 years time for him.
STRAT, When i was an apprentice carpanter i thought i knew the lot and my boss was only a silly old bugger. It was a surprize in later life to think back and realize that it was me who was the silly bugger. SHREWDY will look back in later life and remember all the things he argued with me about and think i might not be as silly as he thinks right now. He thinks its a cop out to see a crash coming and get out the market. He thinks its stupid not to lock in a mortgage at an affordable rate even although that in the short term you might lose.
He also thinks that he makes right decisions all the time and loses half his money without a stop loss.
All those mistakes he makes now thinking how right he is will slowly change when harsh reality of share market crashes and 20% mortgage rates out the blue hit just as it has done for me in the past. We like to stretch the point young SHREWDY and i so no worries sit on the fence and keep the young punk honest. Macdunk
mackdunk,Quote:
mackdunk-
SHREWDY will look back in later life and remember all the things he argued with me about and think i might not be as silly as he thinks right now.
I dont think your silly...
I think you are an annoying flea...
You obviously chose the wrong career path...
you would have become a very successfuly interrogator...
guantanamo bay styles...
As I pointed out interest rates of 20% are the thing of the past, never to be seen again...
interest rates that high rely on high inflation, which has been curbed for ever with the PTA...
even more so in the current climate with inflation falling over the medium term, you should have known better...
a costly experience...
back in those days of high inflation-> high interest rates, having a house was a great advantage...
you bought a house with a set mortgage, that mortgage was erroded away by high inflation....
back when 3 yearly incomes paid for the house... oh what a dream...
that dream will come back around, just got to be patient, and enter at the right time...
house purchasing and fundamentals are completely different for the first home buyer, as small differences for you (such as 9% interest rates compared to 5% interest rates), and saving 100k on the house, can actually save the first homebuyer 15 years off the total loan term on the mortgage...
you still dont get it
:cool:
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strat,
NEVER...
GUARANTEED...
Ive rocked in a cradle, I will roll in a hurst...
I will not see it ever
super inflation never to be seen again...
:cool:
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When I was in my 20's Mortgage interest rates were around 18%. Chances of them being back there in your lifetime mate are pretty good.
.
Hey check it out. I have 4 stars. Does that make me a Guru? LOL. Its amazing, the titles one can get for posting crap here :D
mackdunk,
I think I could be leading the comp now...
its time to shake a tail feather...
shrewds stock picks in a total Market meltdown vs mackdunks safety investments....
yeah haeegggrrrggghhhhhh....
who will win?
this is a fairy tale dream in the making, going to beat you under such circumstances....
its hard to come back from 2 nil down mackdunk....
Please come back for more in 2010...;)
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tut tut shrewdy. counting IS NOT YOUR STRONG POINT IS IT?.
SHREWDIES SELECTIONS.
1, CUE bought in real life at 21.5c now 12.5c Started at 10c for this
2,HZN 14c now 12c
3,NZO 128c now 139c.
MACDUNK Being of sound mind is not in the market wanted bank interest, gold. silver, oil, plus PPP as a take over option.
1, PPP 28c now 30.5c
2,Bank interest at whatever 7.something according to Shrewdy.
3, GOLD $853 now $931.
4, Silver $11-10 now $12-77.
5,OIL $42.75 now $48-12.
100% record so far SHREWD ONE you might catch on one day if you keep an open mind.
Remember it was me that told you to get out the market now you are playing catch up.
Your old mate Macdunk
SHREWDY, the one thing that has escaped your limited vision is the falling American dollar which will increase the price of Oil ,Gold, Silver, and all things measured in that currency. I am winning by standing still mate look out for more of the same looming up. The Yankey dollar will downtrend my old mate so look out for being covered in egg all over again. Macdunk
Its all over mackdunk...CUEs up 45% this year...
thats not a surprise...
HZN's back to break even...
news out of that camp is only good from now on, so SP's will perform in any market...
NZO up 10% with PRC investment down...
Lets call it game over now...
:cool:
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mackdunk,
2 nil...
you cant pay good money for results like that mate...
as for CUE, Id give it a few more months...
:cool:
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30k portfolio....
Mackdunk...
PPP 28c now 30.5=$10,892.9
oil $42.75 now $49.50=$11,579.0
interest in bank... $10,247.66....
mackdunks total...
$32719.56....
2719.56/30,000= 9.06% return....
shrewds total...
Cue 10c->12.5c $12,500
NZO $1.28-> $1.40= $10,937.5
HZN was 14c -> 14.5c= $10,357.14
equals 33794.64
a return of 12.6%...
bad boy mackdunk...
heres an update for yah mate...
running abit late on it so gave it mid month...
:cool:
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Mackdunk
PPP $10,000 to $11607> sp 28c->32.5c
Oil prices up 24.4% so far for mackdunk... $12,444.
interest in bank returning him 2.33% so far this year... so $10,233
giving mackdunk an overall total of $34284
a 14% return... this year
Shrewd
CUE 10-> 12.5c 25% return $12,500
HZN 14c ->11.5c A loss of 24%... valued at $7727 of $10,000 invested...
NZO 128->140= 9.37% return this year... worth $10,937
add them up gives $31,164
a return of 3.88%... this year
Mackdank... you came out the gate running this month...
You are leading well mate...
At this stage id say im a big favourite heading into the 2nd half of the year when I factor in Manaia, and that will add real value to these companies of HZN and CUE for my portfolio picks... and Id say I have a good chance of swinging my portfolio up to 40% return later this year... and more than that when Kupe comes online...
You will be desperate for PPP to be taken over...
interest in the bank is nothing...
or oil prices will have to run... oil prices are in a good uptrend this year...
this will support my three companies, so 50% min portfolio return with oil higher for me......
If PPP gets taken over for 40c...
oil goes to 70... and your low 7% interest rate...
then you will finish up around 35%....
So its not looking good for you...
You chosing interest in bank as a pick for the competition, will ultimately cost you this competition...
If the market crashes again, then we will be about even...
but then, id expect you to give some back when oil prices would fall on thatl...
Then id be leading again...
hehehe... well mate...
roll on 2010...
strike one strike two strike............
strike, get a new challenger.... hehehehe...
just joking..... my mate mackdunk...
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