The first ASOS Challenge was successful in the sense that it taught us a few lessons on investment timing. Only three of 11 shares ended in profit and that included ASOS itself: congratulations to legend for BNH and bosley for SEO. Back to the drawing board for the rest of us (over the year the portfolio would have thrashed any opposition!).

Participants welcome for the second challenge. Primary objective is to find shares that will double in value by 1st July, beating ASC in the process; secondary to be most successful stock-picker in terms of the value of your 20K portfolio. Rules are:

1.Each participant has 20K which can go into 1,2,3 or 4 shares in units of 5K.
2.ASC has 20K and is team yardstick, not in individual portfolios.
3.Duplication between entrants OK with no upper limit for total for one share.
4.Start weekend of 21st Jan. Buy price half way between closing offer and mid.
5.Latest time of entry to be 8 pm on Sunday, 23rd Jan.
6.Challenge to close Friday, 1st July.
7.Entrants can switch up to a total of 10K; av. of Friday close bid and mid.
8.Progress reports to rank shares by performance but also participants (initial only to protect from the ridicule of outsiders!).

Participants welcome. Just post selection here or on ASC thread.

Eric

NLR and WNN on a roll, lots more to come with WNN imo.

Any chance of extending the closing date Eric?

capa

SECOND ASOS CHALLENGE PORTFOLIO

Pretty good week for the portfolio - up 3.9% for 16.3% overall, compared with 1.1% and 0.8% respectively for the small cap index. Some really strong moveers during the week. capa so delighted with WNN and NLR he has aked for extension of teh close-off date in a fortnight's time. He has moved up to 6th and has a certain attractive filly looking over her shoulder! Change at the top with bos knocked off his perch for the first time, I think, since week 1.

epic cost___ shares_ price_ value_ gain% wk20
SEO_ 7.19___ 456900_ 23.75_ 108514 230.3 -2.1 BBSSUUW(137)
DGT_ 0.28___ 3570000 0.64__ 22848_ 128.6 42.2 WY(137)
BGC_ 84.8___ 5900___ 167.0_ 9853__ 96.9_ 0.1_ K(137)
NLR_ 394.5__ 5080___ 676.5_ 34366_ 71.5_ 24.2 CDMM(137)
HCEG 63_____ 7935___ 93.5__ 7419__ 48.4_ 1.6_ O(151)
DFD_ 136____ 3675___ 189.0_ 6946__ 39.0_ 3.6_ A(151)
BAG_ 811____ 615____ 1025.0 6304__ 26.4_ 1.0_ P(151)
MOB_ 230.75_ 2165___ 291.5_ 6311__ 26.3_ -4.7 C(151)
WNN_ 268.5__ 1790___ 334.5_ 5988__ 24.6_ 14.4 C
MDW_ 9.09___ 247500_ 11.25_ 27844_ 23.8_ 15.4 JSVV(137)
CRDA 327.375 1525___ 386.0_ 5887__ 17.9_ 0.3_ P(151)
DGM_ 18.19__ 110000_ 21.0__ 23100_ 15.4_ -3.4 BEMS(137)
KCOM 62_____ 16100__ 69.5__ 11190_ 12.1_ 3.7_ OO(151)
AGL_ 128.25_ 3900___ 139.5_ 5441__ 8.8__ 0.0_ B(137)
IDS_ 212.5__ 4700___ 231.0_ 10857_ 8.7__ 4.1_ GH(151)
RSG_ 466.25_ 1070___ 497.5_ 5323__ 6.7__ 2.1_ P(151)
ITR_ 7.81___ 110000_ 8.25__ 9075__ 5.6__ 0.0_ HH
GHH_ 191.5__ 2610___ 202.0_ 5272__ 5.5__ -3.6 G(151)
BGT_ 130.5__ 7660___ 137.5_ 10533_ 5.4__ -7.4 JJ(137)
THUS 15.19__ 32900__ 15.75_ 5182__ 3.7__ 1.6_ O(151)
PAY_ 255.75_ 1955___ 252.5_ 4936__ -1.3_ 1.2_ M(173)
CEY_ 12.625_ 39600__ 12.25_ 4851__ -3.0_ 6.5_ I(137)
TRT_ 87_____ 5750___ 84.0__ 4830__ -3.4_ -2.9 K(151)
BPG_ 667.625 1500___ 642.5_ 9638__ -3.8_ -0.8 DP(151)
TND_ 22.5___ 111000_ 20.75_ 23033_ -7.8_ 0.0_ LLLLR(173)
ACE_ 258.25_ 1935___ 237.5_ 4596__ -8.0_ -4.2 G(151)
PDX_ 231____ 2165___ 210.5_ 4557__ -8.9_ -0.9 A(177)
CASH 142.25_ 3515___ 127.5_ 4482__ -10.4 4.9_ C(173)
AUG_ 256.25_ 3900___ 225.0_ 8775__ -12.2 5.4_ DE(173)
GMC_ 19.125_ 52700__ 16.5__ 8696__ -13.7 20.0 TW
PCI_ 10.625_ 47000__ 9.0___ 4230__ -15.3 -5.3 T(151)
SLV_ 11.625_ 40450__ 9.75__ 3944__ -16.1 0.0_ D
IDOX 11.75__ 42500__ 9.5___ 4038__ -19.1 0.0_ V(173)
FTO_ 8.69___ 57500__ 6.625_ 3809__ -23.8 6.0_ Y(173)
CIU_ 162.25_ 3080___ 122.5_ 3773__ -24.5 -6.8 G(173)
BNH_ 125.25_ 15970__ 93.5__ 14932_ -25.3 0.0_ AIRR(173)
AEN_ 697.5__ 717____ 512.5_ 3675__ -26.5 2.5_ J
ASC_ 78.5___ 25480__ 57.5__ 14651_ -26.8 4.5_ ZZZZ(177)
NML_ 5.31___ 85750__ 3.75__ 3216__ -29.4 -6.3 W
EPD_ 51_____ 9805___ 36.0__ 3530__ -29.4 0.0_ I(173)
SPS_ 50.5___ 39600__ 34.0__ 13464_ -32.7 -1.4 AIKK(173)
PET_ 53.75__ 9300___ 36.0__ 3348__ -33.0 0.0_ R(177)
KYS_ 15.875_ 63000__ 10.5__ 6615__ -33.9 13.5 UU(173)
DES_ 62.25__ 8030___ 41.0__ 3292__ -34.1 12.3 H(177)
PMD_ 0.875__ 571400_ 0.52__ 2971__ -40.6 160.0 Y(173)
XEN_ 7.44___ 67200__ 4.125_ 2772__ -44.6 0.0_ V(173)
GWP_ 120.25_ 8315___ 63.5__ 5280__ -47.2 -9.9 EE(151)
TAD_ 9.375__ 53300__ 4.75__ 2532__ -49.3 -2.6 Y(177)
BPRG 67.25__ 14870__ 34.0__ 5056__ -49.4 -4.2 TT(137)
totals___________________ 511769.5 16.3_ 3.9
small-cap__ 2891.87 2915.8________ 0.8__ 1.1

Last week's disaster area, PMD, is this week's star with the sale of tehir loss making subsiduary, staving off their bankers. snakey called this one and is positive for the future (post 287).

snakey and I have also benefitted from a significant jump in DGT (42.4%)(formerly CFP). Letter from pth in Shares with a defensive response from John Marshall may have helped to trigger move, though volumes have not been large. stockdog has done a very good analysis of the potential results as their business as AIM NOMADs is pretty transparent. Much further to go.

Other significant movers are NLR (24.2%) and GMC (20%), presumably in the light of attention on the gaming sector, MDW (15.4%), WNN (14.4%) (see CAPA's note above) and, rising from the doldrums, KYS (13.5%) and DES (12.3%).

S 125.0 D 8.7_ H -11.0
B 121.3 K 7.1_ I -22.6
W 81.4_ Y 3.7_ E -22.8
U 62.7_ J 2.0_ R -22.9
M 39.5_ V -4.1 Z -26.7
C 26.9_ G -4.7 T -35.8
O 19.0_ A -7.0
P 11.7_ L -7.9

seb's move to the top is on the basis of cotinued strength in MDW; AGL needs news if bos is to repsond I reckon. My own move into a clear third place is gratifying, based on really good progress with both DGT and GMC. Come to think of it, an extension to end-July could give me the chance to catch seb and bos! lol!

Good headway by moneyplus, based on NLR. Just as well with capa overtaking optimistic and into 5th place. The other major move is by snakey - into positive territory based on PMD and DGT.

Its good to see some half the shares in the blue to match the weather. More optimism afoot.

Eric

p.s. ASOS prelims on 11th July. They are getting them out pretty quickly and I think their trading report will make very positive reading. BUY!

All in all a good week for the challenge. Have a good weekend all-I'm off to see my brand new first grand daughter born this morning in London, hope the weathers good up there it's been pretty poor in Devon so far. MP

moneyplus: getting jolly hot in the south east so bring the bikini. Congratulations on first grand daughter: name and weight? Second grandson due in a couple of weeks! EWR

By the way Eric, if i had been around to participate in this challenge, I would have put the whole lot on DGT!!

Haven't got a clue what all the letters and numbers mean!

pth

Hoy, pth - that's being wise after the event! I accept you might have had a double portion but you would probably have been bested by the SEO guys.

The letters are the codes for the players in the game so you know who bought what. The number is the post reference where johngtudor gave a helpful TA on each share - couldn't manage DGT.

Eric

Good job as ever Eric, personally a great day today with both NLR and WNN.

I know nobody else is in WNN but must stress the potential with this share, undervalued within the sector by a country mile and now in unchartered territory.

Off topic, may I suggest that you have a look at AVG which I believe is a potential Zulu (Slater fans will know what I mean) an overlooked gem imo.

capa

Thanks Eric--name is Madeleine Josephine Mary--that's a mouthful--weight 7lb6oz and good as gold I'm told. Little do they know she'll be firmly in control from now on! I'm in a similar situation as you re. pets as we recently lost 2 cats due to old age with a 3rd going downhill rapidly--we foolishly decided to replace them with 3 more! first to arrive was a fluffy white birman male--butter wouldn't melt in his mouth or so we thought. lovely temperament but into everything! we've had him for 5 weeks and then collected 2 burmese kittens which had been bred and kept in a garden shed!! all hell broke loose when they arrived spitting bundles of fury--we needed gardening gloves to get them out from under the settee!! one week later normality is beginning to return, they've decided the dogs aren't going to eat them, we're a good source of food and just maybe they'll occasionally play with the poor birman so they gallop around like greyhounds while he tries to keep up! A grand daughter will be a piece of cake after all that!

hi guys
told you that when mdw starts to rise............ Anyway nothing is done yet and the next couple of weeks will be very eciting. The best will win!!!!!!!!

regards to everybody

sebastien

NLR is out of the starting blocks for a late spurt!!

seb: great to see you again! Obviously been keeping quiet waiting for the spurt for the tape. Suspect you'll stay in front.

moneyplus: Big kiss for madeleine josephine mary from all of us. Thanks for description of scenes of marital bliss. Expect you relate to the cat jokes - was it the DGT thread or maybe NML - espeially the one ablout the girl, the fire engine and the screeching cat!

Eric

!! definitely the one where you are instructed on how to give a cat a pill!

SECOND ASOS CHALLENGE PORTFOLIO (week 20)

The penultimate week. All seems pretty well sorted out with bos well and truly overtaken by seb. Announcement that AGL prelims on July 5th just miss the final date, although an AIM launch announcement actually moved the sp up 1p; too little too late, I'm afraid, bos!

A small loss on the week, although fully accounted for by SEO. Small gain on the small-cap index although our portfolio is overall up 15.4% against 1.3%.

epic cost___ shares_ price_ value gain% wk21
SEO_ 7.19___ 456900_ 23.0__ 105087 219.9 -3.2 BBSSUUW(137)
DGT_ 0.28___ 3570000 0.59__ 21063_ 110.7 -7.8 WY(137)
BGC_ 84.8___ 5900___ 161.0_ 9499__ 89.9 -3.6 K(137)
NLR_ 394.5__ 5080___ 699.0_ 35509_ 77.2 3.3_ CDMM(137)
MDW_ 9.09___ 247500_ 12.875 31866_ 41.6 14.4 JSVV(137)
DFD_ 136____ 3675___ 189.0_ 6946__ 39.0 0.0_ A(151)
HCEG 63_____ 7935___ 86.0__ 6824__ 36.5 -8.0 O(151)
MOB_ 230.75_ 2165___ 309.5_ 6701__ 34.1 6.2 C(151)
BAG_ 811____ 615____ 1025.0 6304__ 26.4 0.0_ P(151)
IDS_ 212.5__ 4700___ 259.5_ 12197_ 22.1 12.3 GH(151)
CRDA 327.375 1525___ 385.0_ 5871__ 17.6 -0.3 P(151)
DGM_ 18.19__ 110000_ 21.3__ 23375_ 16.8 1.2_ BEMS(137)
WNN_ 268.5__ 1790___ 309.0_ 5531__ 15.1 -7.6 C
AGL_ 128.25_ 3900___ 140.5_ 5480__ 9.6_ 0.7_ B(137)
RSG_ 466.25_ 1070___ 510.0_ 5457__ 9.4_ 2.5_ P(151)
GHH_ 191.5__ 2610___ 204.0_ 5324__ 6.5_ 1.0_ G(151)
BGT_ 130.5__ 7660___ 136.5_ 10456_ 4.6_ -0.7 JJ(137)
PCI_ 10.625_ 47000__ 11.0__ 5170__ 3.5_ 22.2 T(151)
ITR_ 7.81___ 110000_ 8.0___ 8800__ 2.4_ -3.0 HH
THUS 15.19__ 32900__ 15.5__ 5100__ 2.0_ -1.6 O(151)
KCOM 62_____ 16100__ 63.3__ 10183_ 2.0_ -9.0 OO(151)
CEY_ 12.625_ 39600__ 12.25_ 4851__ -3.0 0.0_ I(137)
BPG_ 667.625 1500___ 642.5_ 9638__ -3.8 0.0_ DP(151)
PAY_ 255.75_ 1955___ 245.0_ 4790__ -4.2 -3.0 M(173)
CASH 142.25_ 3515___ 135.0_ 4745__ -5.1 5.9_ C(173)
TRT_ 87_____ 5750___ 82.5__ 4744__ -5.2 -1.8 K(151)
ACE_ 258.25_ 1935___ 240.0_ 4644__ -7.1 1.1_ G(151)
IDOX 11.75__ 42500__ 10.75_ 4569__ -8.5 13.2 V(173)
TND_ 22.5___ 111000_ 20.25_ 22478_ -10.0 -2.4 LLLLR(173)
PDX_ 231____ 2165___ 204.5_ 4427__ -11.5 -2.9 A(177)
AUG_ 256.25_ 3900___ 216.5_ 8444__ -15.5 -3.8 DE(173)
SLV_ 11.625_ 40450__ 9.75__ 3944__ -16.1 0.0_ D
GMC_ 19.125_ 52700__ 14.8__ 7773__ -22.9 -10.6 TW
FTO_ 8.69___ 57500__ 6.625_ 3809__ -23.8 0.0_ Y(173)
BNH_ 125.25_ 15970__ 94.5__ 15092_ -24.6 1.1_ AIRR(173)
EPD_ 51_____ 9805___ 38.0__ 3726__ -25.5 5.6_ I(173)
ASC_ 78.5___ 25480__ 58.0__ 14778_ -26.1 0.9_ ZZZZ(177)
AEN_ 697.5__ 717____ 507.5_ 3639__ -27.2 -1.0 J
CIU_ 162.25_ 3080___ 115.0_ 3542__ -29.1 -6.1 G(173)
NML_ 5.31___ 85750__ 3.625_ 3108__ -31.7 -3.3 W
KYS_ 15.875_ 63000__ 10.375 6536__ -34.6 -1.2 UU(173)
PET_ 53.75__ 9300___ 35.0__ 3255__ -34.9 -2.8 R(177)
DES_ 62.25__ 8030___ 40.0__ 3212__ -35.7 -2.4 H(177)
SPS_ 50.5___ 39600__ 31.5__ 12474_ -37.6 -7.4 AIKK(173)
PMD_ 0.875__ 571400_ 0.525_ 3000__ -40.0 1.0_ Y(173)
GWP_ 120.25_ 8315___ 69.0__ 5737__ -42.6 8.7_ EE(151)
XEN_ 7.44___ 67200__ 4.25__ 2856__ -42.9 3.0_ V(173)
BPRG 67.25__ 14870__ 35.25_ 5242__ -47.6 3.7_ TT(137)
TAD_ 9.375__ 53300__ 4.25__ 2265__ -54.7 -10.5 Y(177)
totals___________________ 510059.0 +15.9 -0.3
small-cap__ 2891.87 2929.3________ +1.3_ +0.5

Major mover on the week is PCI (up 22.2% with positive drilling data in Algeria (johngtudor?). MDW is up a further 14.4% in anticipation of distribution arrangements in the US (jules, seb, moneyplus?). IDOX is up 13.2% on movement into profit - looks an interesting play in the information management and knowledge sharing field for government sector (patrelva?). IDS is up 12.3% on postive interim results almost matching the last full year, based largely on Freeview services (seadog, dawsinho?).

S 124.6 D 9.3_ L -10.1
B 116.6 V 7.9_ E -21.0
W 71.1_ J 5.9_ I -22.7
U 58.2_ K 2.4_ R -23.5
M 41.9_ Y -2.0 Z -26.1
C 29.3_ G -2.0 T -32.0
P 12.3_ A -8.7
O 10.5_ H -9.4

Appears to be a clear-cut top six. partridge has made progress or perhaps it is a case of capa and optimistic regressing. Major mover is patrelva on the back of MDW and IDOX.

Competition ends July 1st. I will try to draw lessons learnt which is, in my view, the major advantage in a competition like this. Hopefully, others will respond in kind. I don't see a successor portfolio given that we now have the Shares Champion Investor, I suspect partly inspired by our own efforts.

MOB down 28.1% ?? If it was I'd be sticking my house on it !!

I think you'll find the price to be 1 north of 209.5p Eric and still good value in my book.

Won't make any difference to my overall position but I am quite pleased with the performance of my picks, 1 loser out of 4 but I still think CASH will come good in time.

All the best

capa

Can I sell everything and put it into MSY please EW ?

Cheers

morning eric. great job again. i fear my prediction that seb would come through late on has become true!! well done seb. i agree eric, agl, too little too late. but still, you've got to be a bit happy with 116 % profit!!!

capa: apologies! Took a 1 off by mistake! Have edited the analysis, including the clear-cut 'top 5' to 'top 6'. Also second in the non-SEO plate cometition to moneyplus!

dil: Puzzled by MSY! What do you know that the 11 brokers on Hemscott don't know? Isn't it one of those sluggish large cap things?

bos: Yeah! Most of us would settle for 116% or even my rather pathetic 71.1%. At least, SEO and DGT are my two largest holdings - I know you have put your money where your mouth is too!

Eric

hello everybody

WAS IT THE LAST DAY OF THE COMPETITION ? IF YES, I think I ve just lost.... but not sure. Eric could you give us the final results, please ?
many thanks Eric.
It has been a very exciting challenge. Hope there will be some more...

regards to all

Second ASOS Challenge Portfolio

The Challenge is over! The winner is seb by a short head from bos. Fame and glory! (he doesn't win anything tangible unfortunately). Those who were positive at the end of the challenge were:

(1) seb190774 (+104.9%); (2) Bosley (+102.9%); (3) EWRobson (+61.1%);
(4) markusantonius (+48.3%); (5) moneyplus (+34.4%); (6) Capa (+26.6%);
(7) partridge (+12.5%); (8) optimistic (+6.7%); (9) seadog (+2.4%); (10) DIL (+1.2%).

The full result, not detailing the losers for identity protection, was:

S 104.9 G 2.4 L -10.1
B 102.9 D 1.2 R -16.1
W 61.1 J -1.3 I -20.6
U 48.3 K_ -2.1 Z -26.4
M 34.4 V -4.9 E -26.5
C 26.6 H -5.8 T -34.7
P 12.5 A -6.8
O 6.7_ Y -8.4

The portfolio was down 3.9% in the last week but up 11.4% overall compared with a rise of 1.2% is the small.cap index, used as a benchmark. The late fall was primarily accounted for by drops in the leading shares, particularly SEO, NLR, HCEG and MDW. Could well be accounted for by profit taking, perhaps on a 'sell in June' variant of the May principle.

epic cost___ shares_ price_ value gain% wk22
SEO 7.19___ 456900_ 21.25 97091 195.5 -7.6 BBSSUUW(137)
DGT 0.28___ 3570000 0.58_ 20706 107.1 -1.7 WY(137)
BGC 84.8___ 5900___ 174.5 10296 105.8 8.4 K(137)
NLR 394.5___5080___ 643.5 32690 63.1_ -7.9 CDMM(137)
DFD 136____ 3675___ 200.0 7350_ 47.1_ 5.8 A(151)
IDS 212.5___ 4700__ 291.0_ 13677 36.9 12.1 GH(151)
MOB 230.75_ 2165__ 312.0_ 6755_ 35.2_ 0.8 C(151)
BAG 811____ 615___ 1027.5 6319_ 26.7_ 0.2 P(151)
HCEG 63____ 7935__ 78.5_ 6229_ 24.6_ -8.7 O(151)
CRDA 327.375 1525__ 385.0 5871_ 17.6_ 0.0 P(151)
WNN 268.5__ 1790__ 312.5_ 5594_ 16.4 1.1_ C
MDW 9.09___ 247500 10.375 25678 14.1 -19.4 JSVV(137)
DGM 18.19__ 110000_ 20.75 22825 14.1 -2.4_ BEMS(137)
RSG 466.25__ 1070__ 510.0_ 5457_ 9.4_ 0.0_ P(151)
GHH 191.5___ 2610__ 205.5_ 5364_ 7.3_ 0.7_ G(151)
AGL 128.25__ 3900__ 136.5_ 5324_ 6.4_ -2.8 B(137)
BGT 130.5___ 7660__ 137.5_ 10533 5.4_ 0.7_ JJ(137)
KCOM 62____ 16100_ 63.75 10264_ 2.8_ 0.8_ OO(151)
ITR 7.81____ 110000_ 8.0__ 8800__ 2.4_ 0.0_ HH
PCI 10.625__ 47000__ 10.5_ 4935_ -1.2_ -4.5 T(151)
THUS 15.19__ 32900_ 14.75_ 4853 -2.9_ -4.8 O(151)
CEY 12.625__ 39600_ 12.25_ 4851 -3.0_ 0.0_ I(137)
BPG 667.625_ 1500__ 647.0_ 9705 -3.1_ 0.7_ DP(151)
PAY 255.75__ 1955__ 246.5_ 4819 -3.6_ 0.6_ M(173)
CASH 142.25_ 3515__ 136.5_ 4798 -4.0_ 1.1_ C(173)
IDOX 11.75__ 42500_ 11.0__ 4675 -6.4_ 2.3_ V(173)
ACE 258.25__ 1935__ 239.0_ 4625 -7.5_ -0.4 G(151)
TRT 87______ 5750__ 79.0__ 4543 -9.2_ -4.2 K(151)
BNH 125.25__ 15970_ 113.5_ 18126 -9.4 20.1 AIRR(173)
TND 22.5____ 111000 20.25_ 22478 -10.0 0.0 LLLLR(173)
PDX 231_____ 2165__ 202.5_ 4384 -12.3 -1.0 A(177)
SLV 11.625__ 40450__ 9.75_ 3944 -16.1_ 0.0 D
EPD 51______ 9805___ 42.0_ 4118 -17.6 10.5 I(173)
FTO 8.69____ 57500__ 6.625 3809 -23.8 0.0_ Y(173)
GMC 19.125__ 52700__ 14.25 7510 -25.5 -3.4 TW
ASC 78.5____ 25480__ 57.75 14715 -26.4 -0.4 ZZZZ(177)
CIU 162.25__ 3080___ 118.5_ 3650 -27.0 3.0_ G(173)
AEN 697.5___ 717____ 487.5 3495 -30.1 -3.9_ J
AUG 256.25__ 3900___ 167.5 6533 -34.6 -22.6 DE(173)
KYS 15.875__ 63000__ 10.25 6458 -35.4 -1.2_ UU(173)
PET 53.75___ 9300___ 34.5_ 3209 -35.8 -1.4_ R(177)
DES 62.25___ 8030___ 39.75 3192 -36.1 -0.6_ H(177)
XEN 7.44____ 67200__ 4.375 2940 -41.2 2.9__ V(173)
GWP 120.25__ 8315___ 69.0 _ 5737 -42.6 0.0_ EE(151)
NML 5.31____ 85750__ 3.0__ 2573 -43.5 -17.2 W
BPRG 67.25__ 14870__ 34.0_ 5056 -49.4 -3.5_ TT(137)
SPS 50.5____ 39600__ 24.0_ 9504 -52.5 -23.8 AIKK(173)
TAD 9.375___ 53300__ 4.25_ 2265 -54.7 0.0__ Y(177)
PMD 0.875___ 571400_ 0.33_ 1886 -62.3 -37.1 Y(173)
totals_________________ 490203.3 11.4 -3.9
small-cap___ 2891.87______ 2926.9 1.2_ -0.1

I will give my own comments on lessons learnt from the portfolio below, copying it to Shares in the hope that it may be of interest for the Shares magazine.

seb, not surprisingly, would like a further competition! Not so sure myself as we now have the Champion Investor competition in Shares. I am happy enough to manage the portfolio - the only pain is the editing of the spreadsheet, though I will check with Ian Taylor whether there is an easier way to do this with the changes made this week. Anyone else keen? If so, what changes in the 'game' would you suggest?

Eric

Well done, Sebastian! Unlucky, Bosley. Stanelco's recent slide has resulted in moi having to settle for 4th. position which means runner/up to Eric for the second time in < 4 days after his Golf Challenge Victory..... gggggrrhh!!!!