Portfolio Challenge: Round 2

by GMNet on Sat May 14, 2011 11:29 am

Challenge is to invest Rs 1mn in 5 best Stocks. No of Shares are irrelevant only amount invested need to be mentioned. Each Member is required to specify maximum of 5 Stocks and the respective Investment Amount.

You can now register for ROUND-2 which starts on 5th June 2011. (Deadline of entry 5th June 2011 24.00hrs)

Additional Rules:
a) New Players are required to start with Rs 1,000,000
c) Existing Players are require to carry forward the Closing Portfolio value of the 1st Round. If desired they can select a new mix of shares to invest their money or continue with the same portfolio mix. But the aggregate value of new investment should be equal to closing portfolio value.

New Features:
Your money if wish can be deposited in the Bank at the prevailing Market Interest Rates.

Games Moderators:
Milanka (Chief), TKC and CSE.mkt. Need 2 more volunteers!

Link for Round-2 Registration:
https://spreadsheets2.google.com/spreadsheet/ccc?hl=en&hl=en&key=tgDnBJevVj1DySKeZZyo9Ag&authkey=CObU5rEB#gid=0

Standard Rules:
1) New Players Maximum Aggregate investment value is Rs 1,000,000 (Rupees one Million) but First Round Players aggregate invest value required to be equal to closing portfolio value of the of the Round-1.
2) Full Amount required to be invested.
3) Maximum No of Stocks will be 5 (five). If your stock code is not available please create a new one without affecting the alphabetical order.
4) Second Round Starts on 5th June 2011 and Ends on 30th June 2011.
5) Valuation is based on end of the day Share Price!
6) No brokerage Considered.
7) No Trading allowed.
8) No IPO's allowed, Capital issues and Dividends will be adjusted accordingly.
9) One Entry per Member.
10) Moderators will publish a link of the Google Worksheet which will provide the portfolio value of all participants.
11) Member who makes the highest gain or the lowest lost would be declared the Winner! of the Round.

Quibi

by salimts on Sat May 14, 2011 12:58 pm

If the period is just one month. This will turn out to be a gambling exercise. Just my opinion.

by **smallville** on Sat May 14, 2011 4:35 pm

Is shorting allowed in round two?

by uditha9 on Sat May 14, 2011 4:43 pm

smallville wrote:Is shorting allowed in round two?

could you tell me my port portforlio value now

by GMNet on Sat May 14, 2011 5:11 pm

First round player can enter after 31st May 2011 based on their end portfolio values.

salimts,
This is not one month game. It evolves from one month to the next month. Anyone who wants to buy and hold could continue without changing their portfolio mix. Those who wants to change can change at the end of each round.

by salimts on Sat May 14, 2011 7:05 pm

Could we know then, how many rounds it has, before a winner is declared. Thanks

by antxster on Thu May 26, 2011 7:32 pm

Thanks for sharing!

by mono on Wed Jun 01, 2011 9:02 pm

I want TWOD 100%

by xhora on Wed Jun 01, 2011 9:18 pm

Dear Quibit,
Please change the rules so that winner is selected according to profits earned during that period or some other method. Otherwise same person will be the "WINNER" in all these rounds.

by intelstk on Wed Jun 01, 2011 9:49 pm

how i join this competition??

by Antonym on Wed Jun 01, 2011 9:58 pm

xhora wrote:Dear Quibit,
Please change the rules so that winner is selected according to profits earned during that period or some other method. Otherwise same person will be the "WINNER" in all these rounds.

I think this is a suggestion worth considering because:
It enables relative under-performers in Round 1 to make a fresh start in Round 2.
More new entrants will also join because they are not starting with a handicap.

by **mark** on Wed Jun 01, 2011 10:49 pm

smallville wrote:Is shorting allowed in round two?

no shorting,ok........not allowed in CSE. Wink

by **rijayasooriya** on Wed Jun 01, 2011 11:12 pm

What is the benefit of doing this thing?

by ipoguru on Thu Jun 02, 2011 8:14 am

rijayasooriya wrote:What is the benefit of doing this thing?

The big guys here can understand how the market behaves. What are the sentiments of about 1000 persons.
I think that is the main objective behind this.

You and I small guys also can do the same but there is no big benifit for us.

I don't think guys come here to play games and have fun.

by StocksWatch on Thu Jun 02, 2011 6:13 pm

Antonym wrote:
xhora wrote:Dear Quibit,
Please change the rules so that winner is selected according to profits earned during that period or some other method. Otherwise same person will be the "WINNER" in all these rounds.

I think this is a suggestion worth considering because:
It enables relative under-performers in Round 1 to make a fresh start in Round 2.
More new entrants will also join because they are not starting with a handicap.

Agreed. May be at the end of the year, admin can declare the winner of the year by adding all gains/losses made by each member in each individual round.

by mono on Thu Jun 02, 2011 6:17 pm

StocksWatch wrote:
Antonym wrote:
xhora wrote:Dear Quibit,
Please change the rules so that winner is selected according to profits earned during that period or some other method. Otherwise same person will be the "WINNER" in all these rounds.

I think this is a suggestion worth considering because:
It enables relative under-performers in Round 1 to make a fresh start in Round 2.
More new entrants will also join because they are not starting with a handicap.

Agreed. May be at the end of the year, admin can declare the winner of the year by adding all gains/losses made by each member in each individual round.

Funds should be passed along. but monthly winners should be decided on percentage gains

by tinyman on Thu Jun 02, 2011 6:56 pm

mono wrote:

Funds should be passed along. but monthly winners should be decided on percentage gains

That is correct, % gain is the best indicator of the performance.

by GMNet on Thu Jun 02, 2011 7:34 pm

Yes it a new game. All have start with Rs 1 mn. Deadline is 5th June 2011. I am changing the game rules in the first post. First Round Capital gains will be saved separately.

by xhora on Thu Jun 02, 2011 8:07 pm

Quibit wrote:
Yes it a new game. All have start with Rs 1 mn. Deadline is 5th June 2011. I am changing the game rules in the first post. First Round Capital gains will be saved separately.

Let the funds from 1st round passed. But the winner should be declared by the % gain they made during the month not the amount.

by npc86 on Sat Jun 04, 2011 12:17 am

WHO IS THE ROUND 1 WINNER..?

Question

by SmartMoney on Sat Jun 04, 2011 1:24 pm

Where do we have to state our selections ??
I don't see anyone has mentioned their selected stocks here ... Question

by uditha9 on Sat Jun 04, 2011 1:33 pm

atl 500000
cocr 500000
chot 300000
semb.n400000

by Rajitha on Sat Jun 04, 2011 1:51 pm

CDIC 100%

by GMNet on Sat Jun 04, 2011 1:58 pm

Quibit wrote:Yes it a new game. All have start with Rs 1 mn. Deadline is 5th June 2011. I am changing the game rules in the first post. First Round Capital gains will be saved separately.

Above Rule was changed due to popular request. First Round Players are required to carry forward the closing portfolio value of the Round-1 to the Round -2.

Sorry for the inconvenience

by Chabbi on Sat Jun 04, 2011 2:34 pm

Quibit wrote:
Quibit wrote:Yes it a new game. All have start with Rs 1 mn. Deadline is 5th June 2011. I am changing the game rules in the first post. First Round Capital gains will be saved separately.

Above Rule was changed due to popular request. First Round Players are required to carry forward the closing portfolio value of the Round-1 to the Round -2.

Sorry for the inconvenience

i ddnt get u Qb

i think i had gain of 60.000 + in 1st round ... so in nxt round do i get 1,060,000 or 1mn ??

Let me know Smile