NZX 2011 Share Investing Competition - FINAL RESULT!

[Lizard]

Please Lizard...

Have some compassion upon our greedy souls !!..

No competition results this month I beg you !!..

Well Janner, the %'s may look somewhat worse, but I believe you've managed to gain a place on May.

Congrats to those who picked DIL, NZX and CHA which have provided some of the best individual returns so far.

Divs included this month: awf brm cvt fph gmt ift mln rbd rym san tem twr

Yes, I am using the HNZ ticker to find the BSH share price, but have not bothered to change the tickers in the table. WDT consolidation will take effect from July. Any other changes or divs, please advise.

1	Under Surveille	NZX	OIC	PGW	SCT	SKL	27.2%
2	Nevl		CHA	FBU	MHI	PGW	WDT	25.8%
3	Lizard		AWF	PHB	SKL	TEN	TUR	17.7%
4	bohemian	RYM	SCT	SKC	SKL	TEM	17.0%
5	JBmurc		BTU	GEL	LME	PEB	PPP	16.2%
6	Pumice		IFT	LME	NZR	RYM	STU	14.4%
7	clem		NZO	PEB	SCT	SKC	TUA	13.4%
8	777		CAV	GPG	KIP	KPF	NZO	13.3%
9	Snoopy		RBD	SCT	SKC	TEL	TUA	12.9%
10	zigzag		DIL	HBY	PGW	RBC	WDT	12.9%
11	cycat64		FPA	GPG	KMD	NZO	TEL	12.5%
12	Roger		MFT	NZO	RYM	SKC	TEM	12.4%
13	amalgam		CAV	SKC	TEL	TUA	WHS	11.9%
14	Bermuda		CUE	DIL	LME	NZO	PPP	10.9%
15	JayRiggs	CVT	NZX	PGW	PPL	SKC	10.9%
16	Traderx		NZO	NWF	PEB	STU	VCT	10.6%
17	robo		MHI	NPX	RBD	RYM	SPN	10.3%
18	RRR		FPA	PGC	STU	TUA	VHP	10.1%
19	evander		CHA	HBY	NPX	NZO	XRO	9.8%
20	krb		AIA	FBU	SKC	SKT	WDT	9.8%
21	Taijon		EBO	FBU	NZO	RYM	TEL	9.6%
22	lissica		FBU	FRE	IFT	MFT	NZO	8.5%
23	CJ		IFT	RYM	SKC	SKT	XRO	8.4%
24	Oiler		CUE	FBU	LME	PPP	SKC	8.3%
25	Zito		AIR	CHA	CVT	RBD	SKT	8.1%
26	trackers	FBU	HLG	SCT	SKC	XRO	7.9%
27	Serpie		NZO	PGW	RBD	RYM	SKL	7.5%
28	Xerof		DIL	IFT	NZO	PGC	XRO	7.4%
29	emearg		BLT	CAV	FBU	WDT	XRO	7.2%
30	percy		AIR	AWF	CEN	RYM	SKL	5.9%
31	QOH		AIA	FBU	IFT	NZO	SKC	5.8%
32	h2so4		AWF	CUE	KMD	NPX	RBD	4.6%
33	clips		AIA	EBO	GPG	NZO	SCT	4.0%
34	bull…		GPG	IFT	NZR	RYM	THL	3.9%
35	ruaboy		GPG	IFT	PGC	RYM	TUA	3.8%
36	Waiuta		CCC	EBO	HBY	RBD	SKL	3.8%
37	RazorX		NPX	PGC	STU	TEL	ZIN	3.7%
38	upside_umop	BTU	CUE	MHI	PPP	WDT	3.6%
39	macduffy	BTU	CUE	EBO	GPG	NPX	3.1%
40	Doyle		FBU	FPA	PGC	PGW	TEL	2.7%
41	Heke		AIA	FBU	IFT	NPX	SAN	2.4%
42	BRICKS		AIA	AIR	KIP	MCK	SCY	1.8%
43	airedale	BTU	CUE	HGD	NZO	WDT	1.4%
44	rabcat		CHA	NZO	PGC	PGW	WDT	1.4%
45	MoSteph		AMP	GPG	NZO	CASH	CASH	1.1%
46	ratkin		AIA	FPH	IFT	NZO	SKC	0.2%
47	Jay		CAV	CUE	FBU	IFT	XRO	-0.2%
48	paper tiger	KMD	NZO	PPL	STU	THL	-0.2%
49	Toulouse-Luzern	EBO	HLG	MFT	NPX	RBD	-0.3%
50	Aaron		CEN	PGC	PGW	SKL	TEL	-0.5%
51	Arbitrage	AIA	AMP	CEN	GPG	NZO	-1.0%
52	KJ		FBU	IFT	RAK	RBD	SKC	-1.1%
53	Financially Dep	CUE	FBU	LME	NWF	NZO	-1.4%
54	Nigel		BLT	FBU	PGW	WDT	XRO	-1.7%
55	glennj		CAV	EBO	NPX	RBD	WHS	-2.2%
56	blockhead	CEN	CUE	FBU	NZO	TEL	-2.2%
57	Sideshow Bob	CUE	GPG	NZO	NZR	SKC	-3.5%
58	ziggy		ABA	FBU	PPL	SKC	WHS	-3.6%
59	futurist	AIR	FPA	NPX	PGW	RBD	-3.8%
60	gv1		AIA	AMP	PPL	TEL	TLS	-4.0%
61	the machine	CAV	CUE	FBU	NZO	PPP	-4.0%
62	forest		DGL	FBU	MHI	NPX	PPL	-4.0%
63	Vtrader		AIA	HLG	NZR	OGC	TTK	-4.1%
64	The GrandMaster	IFT	NZO	TEL	PPL	SKT	-4.3%
65	Flogs		AIR	CVT	PPL	STU	XRO	-4.4%
66	pedro.nz	BLT	MHI	NPX	RAK	RYM	-4.6%
67	SCOTTY		LME	PGC	PGW	TWR	ZIN	-4.7%
68	bung5		CUE	GPG	NZO	PGW	PPP	-4.8%
69	Kitkat		LME	NEW	NZO	RAK	SPY	-4.9%
70	ScrappyO	CUE	HGD	SKC	TEL	VCT	-5.5%
71	belgarion	DPC	FPA	PGC	PGW	WDT	-5.5%
72	Felix		CHA	DPC	EBO	PPG	RNS	-5.5%
73	neopoleII	BLT	CASH	NZO	NZR	TEL	-5.5%
74	iceman		GMT	HGD	NZO	SKC	TEM	-5.9%
75	thedrunkfish	CUE	GPG	PGW	NZO	RAK	-6.1%
76	janner		FBU	IFT	NPX	PGC	XRO	-6.5%
77	seagull		CUE	FPA	LME	NPX	RAK	-6.7%
78	Corporate	CUE	FBU	NZO	PPP	VCT	-6.7%
79	NOCASH		AIR	CHA	CUE	NZO	RNS	-7.0%
80	asc4		NPX	OGC	RBD	SKC	XRO	-7.3%
81	winner69	ALF	FPA	PGW	THL	WDT	-7.3%
82	Shasta		CAV	FBU	IFT	NWC	RBC	-7.8%
83	Guild		NPX	NZO	SPY	TEL	ZIN	-8.0%
84	blackcap	CAV	DPC	MHI	NPX	RNS	-8.5%
85	Crispy		NEW	NZO	RAK	TEL	WTL	-8.6%
86	stanace		BLT	GPG	HGD	NZO	WDT	-8.7%
87	Rotweiller	ANZ	IFT	LME	PGC	RNS	-9.5%
88	elZorro		FPA	IFT	OGC	PGW	RAK	-9.6%
89	Ponda		BLT	CHA	CUE	HGD	NZO	-9.7%
90	MPC		HGD	MLN	NZO	WHS	XRO	-10.2%
91	mr.needs	BLT	CUE	ECO	IFT	SPY	-11.3%
92	Shrewd Crude	CUE	HGD	LME	NZO	PPP	-12.3%
93	darksentinel	ALF	ECO	PGC	VCT	ZIN	-12.4%
94	whirly		NPX	PLU	SKC	SKT	WHS	-12.7%
95	spike		BLT	CUE	NZE	PPP	XRO	-14.5%
96	Joshuatree	BTU	CUE	EWC	OGC	RBC	-15.3%
97	troyvdh		CEN	CUE	NZO	OGC	PPP	-17.1%
98	Voltaire	BRM	NWF	PGW	RAK	WTL	-18.2%
99	mistymountain	HGD	PPL	PPP	OGC	TEL	-20.5%
100	Yankiwi		GEL	HGD	NZO	PLU	ZIN	-22.5%
								
							AVERAGE	0.5%
								
								
	ST Top 5	NZO	CUE	FBU	SKC	IFT	-1.7%
								
	2010 Best 5	CHA	DIL	OGC	RBD	SKL	22.0%
								
	2010 Worst 5	HGD	NWF	NZO	PPP	WDT	-11.3%

[percy]

Lizard.
Thank you for the update.

[janner]

Well a 1 place gain, is better than my portfolio this month :-((..

Will still stick to my original picks in the comp.. 6 months to go :-))

Thanks for your efforts Liz.

[janner]

At number 3 you really must have some inside info Liz ..

[Snoopy]

I realize that this a SHARE TRADER forum not a bank deposit forum, but I hope that real life performances are better than the "play " performance. Yes I know its easy to "criticise" ...but not really criticising more interested in what do people ACTUALLY make/lose share trading. Anyone care to share?

Personally I don't trade and do hold all of those shares I have entered in the competition. So my competition result is a pretty good measure of how I am really doing. Of course I do own other NZX shares and if I take all of those into account I may drop a percentage point or so on my competition result. But generally WYSIWYG (or more correctly what I get) with me.

SNOOPY

[BIRMANBOY]

Thanks for sharing...very satisfactory results and I would be very pleased to be getting them myself....is it "time in the market" or "timing in the market" do you suppose? As a buyer and holder are you buying for consistant dividends or are you buying for fundamental reasons or both? And of course the BIG question over your "career" how has your percentage fared overall. I am happy to accept your kind offer of WYSIWYG. :-)

Personally I don't trade and do hold all of those shares I have entered in the competition. So my competition result is a pretty good measure of how I am really doing. Of course I do own other NZX shares and if I take all of those into account I may drop a percentage point or so on my competition result. But generally WYSIWYG (or more correctly what I get) with me.

SNOOPY

[Snoopy]

Thanks for sharing...very satisfactory results and I would be very pleased to be getting them myself....is it "time in the market" or "timing in the market" do you suppose? As a buyer and holder are you buying for consistent dividends or are you buying for fundamental reasons or both? And of course the BIG question over your "career" how has your percentage fared overall. I am happy to accept your kind offer of WYSIWYG. :-)

Basically I am looking for companies that can pay a consistent dividend return, and I invest from a 'value investment' perspective.

The longer you hold shares the more it becomes 'time in the market' rather than timing the market. However what re-balancing I do, I think has added to my returns. I have already sold down my SCT shares by about 25% in anticipation of the upcoming cash issue. My average sale price was about $1.45. So with the new shares being sold for $1.20 it should work out well for me, even though that little bonus won't show up in my competition results. However I have probably undone that good deed by topping up my CEN holding at around $5.90. So this is a case of timing 'swings and roundabouts' . The problem with traders is that they usually only tell you about their successes. They don't mention their losses! Of course taking a multi year perspective I still think those CEN shares that I bought at $5.90 will prove a good buy.

Because I have a multiyear investment return horizon, I have imposed an extra rule on myself when taking part in this competition. I am not allowed to change more than one share per year in my competition entry. (Last year PGW went out and SCT came in). That means my average holding time from this competition perspective is five years. So any leakage of my results into broker commissions is minimized.

Over the previous five years I have averaged a 6% return after tax. That doesn't sound so great until you realise that the market has declined on average 2% per year over the last five years. So my outperformance had been 8% per year which I was very happy with.

My 3-4 years before that were not so good compared to the market. I think I was trailing the index by a couple of percentage points per year. But that was when the market was so called booming, so my actual return was still O.K.. Since the booming stopped I have in relative terms done much better. But that is to be expected when you invest from a 'value investment' perspective.

SNOOPY

[Lizard]

Bit lost with that one Liz. Does this mean that HNZ movements are included in PGC?

Yes. Sorry, all holders will be showing the PGC ticker still, but this reflects both PGC and HNZ prices now.

[BIRMANBOY]

Thanks Snoopy, as a new entrant into the world of shares and bonds, its great for me to see people people with some success showing that conservative and carefull investing can be and still is a viable method. Looking at all the threads for gold, oil and gas and minerals its easy lose sight of the value of a considered approach. I will be looking forward to entering the competition when its time.

Basically I am looking for companies that can pay a consistent dividend return, and I invest from a 'value investment' perspective.

The longer you hold shares the more it becomes 'time in the market' rather than timing the market. However what re-balancing I do, I think has added to my returns. I have already sold down my SCT shares by about 25% in anticipation of the upcoming cash issue. My average sale price was about $1.45. So with the new shares being sold for $1.20 it should work out well for me, even though that little bonus won't show up in my competition results. However I have probably undone that good deed by topping up my CEN holding at around $5.90. So this is a case of timing 'swings and roundabouts' . The problem with traders is that they usually only tell you about their successes. They don't mention their losses! Of course taking a multi year perspective I still think those CEN shares that I bought at $5.90 will prove a good buy.

Because I have a multiyear investment return horizon, I have imposed an extra rule on myself when taking part in this competition. I am not allowed to change more than one share per year in my competition entry. (Last year PGW went out and SCT came in). That means my average holding time from this competition perspective is five years. So any leakage of my results into broker commissions is minimized.

Over the previous five years I have averaged a 6% return after tax. That doesn't sound so great until you realise that the market has declined on average 2% per year over the last five years. So my outperformance had been 8% per year which I was very happy with.

My 3-4 years before that were not so good compared to the market. I think I was trailing the index by a couple of percentage points per year. But that was when the market was so called booming, so my actual return was still O.K.. Since the booming stopped I have in relative terms done much better. But that is to be expected when you invest from a 'value investment' perspective.

SNOOPY

[Nevl]

Yah for CHA. Hopefully back to the top!!

Well done undersurvelliance