Stockbit Portfolio of the Year is back! Don't forget to join the competition / game!
Will submit mine soon!
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-repost-
PORTFOLIO OF THE YEAR 2024!
Registrations are opened! Are you ready? Portfolio of the Year is a stock picking competition sponsored by Stockbit Malaysia. The rules are as follows:
1. You MUST be a registered user on Stockbit, and participate on the Stockbit Platform (either by website or by phone app).
2. Create a post on Stockbit and Tag [ @portoftheyear ] and Cashtag 2-10 stocks only (No warrants or derivatives!) and assign your investment weightages on them:
a. Example: $HARTA / 5168 (HARTALEGA HOLDINGS BERHAD) 20%, $MFCB / 3069 (MEGA FIRST CORPORATION BERHAD) 20%, $SCGM / 7247 (SCGM BHD) 20%, $SAM / 9822 (SAM ENGINEERING & EQUIPMENT (M) BERHAD) 40% (the total percentages must add up to 100%);
b. Weightage for a single stock cannot exceed 50%;
c. These picks and weightages will be locked in for the whole year of 2023 and no alterations are allowed.
3. The reference entry price will be taken to be the opening price of the first trading day of January 2024, and exit price will be the closing price of the last trading day of December 2024.
4. Corporate actions will be counted.
5. Portfolios of the top 10 users with the highest returns will win prizes as follows; 1st prize: RM 1,000.00, 2nd prize: RM 600.00, 3rd prize: RM 400.00, 4th-10th prize: Stockbit Merchandise.
6. Only one entry per account. Intentionally breaking this rule by making multiple entries will render all your entries invalid!
7. The Deadline for entry is 1st January 2024, 11:59pm.
8. The Game Master has the right to make changes to the rules for the best interest of the game.