Money Observer's Investor of the Year competition 06/07

[KaKaMyPants]

February 2007 EOM Top 20 chart (90% thru competition)

1 RolyB £29,351.91
2 Tansy £24,125.75
3 FIFAWORLDCUP £19,398.52 Me
4 jonut £18,655.47
5 IKW £17,968.44
6 ShareTippersInc £17,583.94 Mrs KaKa
7 Rory £17,423.85
8 Sailor £17,104.09
9 GordanGekko £17,060.33
10 Adrian £16,574.27
11 Highbury Grove £16,514.09
12 Piggy Bank Tycoon £16,482.53
13 makewaysiralan £16,481.91
14 furbi £16,461.62
15 Emily Rosina Carey £16,443.23
16 sprout £16,412.05
17 ethical man £16,380.28
18 serendipity £16,327.41
19 apathetical £16,265.86
20 Fortunnato £16,221.76

Apologies for not putting everyone elses positions up, but I am about to have dinner and I have a poker tourney at 7.35pm......

With a month to the finish of the competition, RolyB is looking very much nailed on the £10K winner, the question is can I hang on to 3rd place to collect £1000 or can the Mrs in 6th place grab the spot off me. You get nowt for finishing 4th or worse!

Its a shame it finishes on 30th March 2007, its been fun and provided a few nice prizes for many Fiso-ers. Its been 9 months that have gone very quickly.

Good luck to all and once again thanks to Mr Spittles for raising awareness in the competition.

[el_pappje]

That depends entirely on what he owns - am I right in thinking that in this comp you all move to single stocks pretty quickly?

Markets are very itneresting right now given the carnage in last two days. Most investment banks are saying not to panic and to buy on weakness. There are, however, signs that all may not be well in the global financial system - although if this is so, I don't think it will show through before the end of the comp. Equally, though, there is the possibility for markets to fall a few more percent but within that to see heavy rotation out of sectors that have been performing well.

FYI, areas of concern are:

US subprime debt seeing increasing defaults [basically people with crap credit records not paying their mortgage]
Latvia's economy downgraded by a credit agency on concerns of unsustainable economic policy - similar concerns can be levelled at Estonia, Lithuania, Romania, Bulgaria and more
Chinese stock market off 9% 2 days ago as the government tries to prick a stock market bubble gently!

Anyone feel free to PM me for more detail.

[KaKaMyPants]

Hi el_pappje

Yes indeed, most people hold just the one share having been forced to hold 5 at the start of the competition.

I am being realistic in that I would need a 60% gain in the next 30 days and the leader would have to have a stinker to lose his potential crown.

Markets look a bit volatile at the moment as you say and the problems are that when you trade your share/shares, you get dealing costs just as if you were buying them in the real world. I dont want to take another commission or dealing charge hit so I am sticking with my share.
No point in me playing safe when the chasers behind me could pass me anytime and I have to gamble as I would like to try and get a 30%+ gain during the final month to attack the 2nd place, so I am in a highly speculative share.

Not sure what share my Mrs has but she traded into it late this afternoon but I would happily concede 3rd place to her.

I will comment on what happens to the leaders probably on a weekly basis starting Friday week as that will be the 3 weeks to go point.

Good luck everyone and if you dont get a year end prize you can still win a monthly prize.

[NFG]

I got my £100 cheque through yesterday for the January Runners Up prize.

All the more surprising as my portfollio was only £7,000. I guess that helped in the end as it gave me a bigger percentage rise than better performers.

I've gone for a highly speculative Oil Company for March to try and repeat the feat.

Good luck with the overall prize KaKa

[redrum]

Markets are very itneresting right now given the carnage in last two days. Most investment banks are saying not to panic and to buy on weakness. There are, however, signs that all may not be well in the global financial system - although if this is so, I don't think it will show through before the end of the comp. Equally, though, there is the possibility for markets to fall a few more percent but within that to see heavy rotation out of sectors that have been performing well.

FYI, areas of concern are:

US subprime debt seeing increasing defaults [basically people with crap credit records not paying their mortgage]
Latvia's economy downgraded by a credit agency on concerns of unsustainable economic policy - similar concerns can be levelled at Estonia, Lithuania, Romania, Bulgaria and more
Chinese stock market off 9% 2 days ago as the government tries to prick a stock market bubble gently!

imo the system has been creaking alot in the last year or two .... its becoming impossible to tell whether we are in a soft landing or on a bumpy plateau. one thing is clear ... a financial problem arises at any of the "big 8" banks and its goodbye to the US and UK economies. interesting times .....

[KaKaMyPants]

I got my £100 cheque through yesterday for the January Runners Up prize.

All the more surprising as my portfollio was only £7,000. I guess that helped in the end as it gave me a bigger percentage rise than better performers.

I've gone for a highly speculative Oil Company for March to try and repeat the feat.

Good luck with the overall prize KaKa

Nice one NFG, glad you got your cheque OK.

Thanks for the good luck, think I am gonna need it...

As at Fridays close 02/03/07

1 RolyB £28,903.79
2 Tansy £25,007.63
3 FIFAWORLDCUP £19,398.52
4 jonut £19,337.38
5 IKW £18,083.70
6 ShareTippersInc £18,062.18
7 Rory £17,648.46
8 Sailor £17,028.57
9 GordanGekko £16,784.68
10 timis1 £16,665.21

jonut has closed right up, as predicted, the share I am in is so very speculative I will either fly or disappear right off the leaderboard.
No point in playing safe as mentioned, its been good fun whether I finish 3rd or 200th.
Everyone has nothing to lose in the final 4 weeks so I would expect many obscure shares to have been picked.
Next update Friday 9th March 2007, just 20 trading days to go.....

[el_pappje]

Markets are very itneresting right now given the carnage in last two days. Most investment banks are saying not to panic and to buy on weakness. There are, however, signs that all may not be well in the global financial system - although if this is so, I don't think it will show through before the end of the comp. Equally, though, there is the possibility for markets to fall a few more percent but within that to see heavy rotation out of sectors that have been performing well.

FYI, areas of concern are:

US subprime debt seeing increasing defaults [basically people with crap credit records not paying their mortgage]
Latvia's economy downgraded by a credit agency on concerns of unsustainable economic policy - similar concerns can be levelled at Estonia, Lithuania, Romania, Bulgaria and more
Chinese stock market off 9% 2 days ago as the government tries to prick a stock market bubble gently!

imo the system has been creaking alot in the last year or two .... its becoming impossible to tell whether we are in a soft landing or on a bumpy plateau. one thing is clear ... a financial problem arises at any of the "big 8" banks and its goodbye to the US and UK economies. interesting times .....

Head strategist where I work convinced we are seeing the start of a 2nd downturn in US housing; if the credit problems from trailer trash [scuse the generalisation] spread up into "better" borrowers than the risks of bank provisions blowing up increases signififcantly.

[KaKaMyPants]

Just 3 weeks to go to the finish and the tables stand like this :-

1 RolyB £28,679.73 SHOULD HAVE IT IN THE BAG
2 Tansy £24,881.64 £2.5k SHOULD BE HEADING YOUR WAY
3 jonut £19,239.96 HERES HOPING THEY HAVE A BAD WEEK NEXT WEEK!
4 FIFAWORLDCUP £18,919.54
5 ShareTippersInc £18,519.07
6 IKW £18,169.26
7 Rory £17,801.34
8 GordanGekko £17,298.84
9 timis1 £17,283.78
10 AJYEE £17,212.07

I am in 4th place and Mrs KaKa is in 5th place.
Both of us trying our best to get the 3rd overall position with just 3 trading weeks (15 trading days to go).

[Inglebongas]

you can't leave me like this...what happened?.... did you get a prize?

[NFG]

No prize for Kaka in the end.

Top 10

1 RolyB £29,364.36
2 Tansy £23,073.79
3 dragonfly £20,959.58
4 valuepicker £20,527.59
5 Cruella Fletcher £19,066.50
6 Rory £18,603.04
7 furbi £18,565.19
8 IKW £18,399.88
9 simcox1 £18,364.51
10 AJYEE £18,222.44