@the deal, the Meryll Lynch Analysts Award . .

kidding, it was a thread late last week on best stock analyst . . .

Am going to start tracking wazuans performance on recomendations to see just how much one could gain or lose in a virtual market. I once saw a report card for @qw (i think it was by @youcant)

I generally go for longer term picks coz I am a fundamentalist... Since you are keeping the stats, I am OK with 3 months but my preference is minimum of 6 months (release of either 1H or 2H results)

statmeister, create a thread for the stats tomorrow, where interested members will post their picks. Give people until the end of the week to make their picks since I believe not everyone logs in daily. Wazua should create a system where people easily enter their choices and the system shows us the returns of people on each market day/week like they did for the referendum on another thread on Wazua. On that report card I did on qw, lets just say things have never been the same between us. Hehe!

The draft rules will be as follows:

1. All participants will start their portfolios with a virtual capital of 10k
2. The scope of this is stocks listed and trading on the NSE
3. An investor can buy into a maximum of 5 counters at the onset.
4. A participant may dump a part or the whole of their counter(s) at any time during the 3 months
5. A participant can only subsequently buy into and out of the original 5 selected counters. No sixth counter may be added at any time
6. There is no requirement to fully invest all liquidity in stocks
7. Transactions will be traded at daily closing prices, and transactions costs are a standard 2.1% at these prices whenever a participant trades
8. Trades will be effected on the day following advice by the participant. Trading will be advised by updating on the thread.
9. Winner gets a cold one from me on the next wazua summit

The date of first buy is 19th July 2010, final valuations done on 19th Oct 2010.

Please give your recomendations

100k is better coz stocks I like include Williamson & KPLC... 1oo of either = 20,000 OR can I buy 'odd' lots

Changing to allow both:

a. Cap = 100k
b. Odd lots allowed

I want to be the first to sign up! I will send you my picks later...

Showoff

Yuko nairobi sa hii