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Announcing Game winners Well done to everyone who participated in the Game! We hope you enjoyed the
journey.
This was overall a very positive market to trade in, as you can see with the
statistics below:
The All Ordinaries (XAO) was up over 4%
All sectors finished in the positive ­ the best performing sectors were telecommunications up over
10%, health care up by 9.8%, materials and IT both up over 8%
The worst performing sector was financials up only 0.76% and consumer staples up just over 2%
The top stocks were ORE ­ Orocobre Limited up 44%, EVN ­ Evolution Mining up over 40% and ZEL
­ Z Energy up over 28%
The worst performing stocks were CDD ­ Cardno Limited down 33%, MSB ­ Mesoblast and ILU ­ Iluka
Resources both down over 21%
57% of syndicates finished in profit with the average portfolio value being $50,511. Congratulations to the winning syndicates. The top syndicates used a variety of strategies. Read on to
discover what they did.
NATIONAL 1ST & WESTERN AUSTRALIA 1ST
KOPTHAT ~ James in Year 8 at Mazenod College Portfolio Value: $64,570
James mostly used a buy and hold strategy. He bought and sold 6 stocks at the start of the Game and
then held 4 stocks until the final week of the Game, when he sold out of everything and just held cash.
The companies he invested in included ANZ, BOQ, BEN, WBC, NUF, EVN, OZL, NST, RRL and OGC.
Strategy: "Before the Game started we had an assignment on investment that included the basic
terminology on the sharemarket. We studied both technical and fundamental analysis using resources
from the ASX website.
I did my research and set up a watch list, I started off with banks like Bendigo Bank and Bank of
Queensland. I sold the banks and went into mining. After a few tries with iron­ore and other minerals,
nothing seemed to work. I knew to get anywhere on the leader boards I needed something more volatile,
so I settled on gold producers Northern Star, Evolution, Regis and Ocean Gold. My hunch was that the
political unrest in so many parts of the world would drive the gold price up. Due to Australia being an
exporting country, the fall in exchange rate actually helped the gold price. There were a few days to go, I seemed to be at my peak, so I sold everything and stayed at the portfolio
value of $64,570. It was a rocky ride to the end but luckily I finished at the top."
WA 2ND: Hayden350 ~ Hayden in Year 8 at Mazenod College WA 3RD: RY ~ Rui in Year 9 at Rossmoyne Senior High School
NATIONAL 2ND & VICTORIA 1ST
Miranda ~ Caterina in Year 9 at Cathedral College Wangaratta Portfolio Value: $62,913
Caterina bought & held for the Game. The stocks she invested in were ORE, OGC, MQA and AQG.
Strategy: “I looked at the individual graphs for each of the companies and tried to pick companies that
were likely to increase. I selected resource companies that were hopefully going to increase and
specifically selected gold mining companies. I also selected a lithium mining company as I had heard that
the demand for lithium batteries was going to be substantial in the near future.”
VIC 2ND: Amy M ~ Amy at Waverley Christian College VIC 3RD: YNWA FC ~ Jack in Year 11 at St Kevin's College
NATIONAL 3RD & QUEENSLAND 1ST
110 percent ~ Todd, Josh & Jeremy in Year 12 at Ignatius Park College Portfolio Value: $61,743
This syndicate was very active, buying and selling multiple times in a lot of different stocks. Strategy: “We did a lot of research, reading the recent price movements of stocks. We searched for
companies that had recently decreased in price ­ between 4 and 10% and then we purchased.
Pharmaceuticals, mining and metals were our focus plus the companies needed to be reputable and well
known in the market. We also wanted 1 or 2 stocks that were paying a dividend during the time of the
Game. We used the volatility of stocks to our advantage as much as possible.”
QLD 2ND: Buying your assets ~ Joshua & Logan in Year 9 at Helensvale State High QLD 3RD: Orange ~ Chan, Jacob & Joel in Year 11 at Palm Beach­Currumbin State High
NEW SOUTH WALES / ACT 1ST Whatever ~ Charlotte in Year 11 at Danebank Anglican School for Girls Portfolio Value: $61,387
Charlotte was very active, buying and selling multiple times in a lot of different stocks. Strategy: “I set myself the goal of topping my school and doing well in the competition. To achieve this, I
needed stocks which would move a lot in a short time. I researched the list of stocks and broke them into groups of similar shares. Some shares like mining and
energy shares were more volatile than others like banks or large retailers like Wesfarmers. Looking more
at the mining shares, I tried to find out which metal each company produced.
At the start of the competition, resources shares were rising quickly. I chose 5 or 6 to invest in to minimise
the cost of brokerage relative to each investment. After a couple of days, some of the shares had gone
up a few percent so I decided to sell some and buy others that hadn't gone up. This included Qantas, as
oil had gone up and I hoped Qantas would go up more if the oil price fell. I also bought IPL ­ Incitec
Pivot and DOW ­ Downer EDI as they appeared cheap. After a few days, if a stock wasn't moving, like Qantas, I sold it. Luckily, this was before Qantas made an
announcement of how the business was going and it went down substantially. I bought the shares again
hoping that those selling had overreacted.
I bought BRS ­ Broadspectrum because it was trading at a 20 cent discount to a takeover bid at $1.50 per
share. When I heard that the PNG High Court wanted the Manus Island detention centre closed, I sold it.
A few days later, I bought it again after it had fallen. With the Federal election due to be called soon, the
story in the media was that the government would need to do something soon. Two days later, I sold it
after the board accepted the takeover offer.
…As the competition got closer to the end, I hoped that if I traded more than I would make more money.
In the last week, any free time I bought or sold shares. Often I ended up spending profits on brokerage
and using most of my trades for the day."
NSW/ACT 2ND: Argentarrius ~ Chaeyoung, Gobi, Charlie & Tony in Year 9 at James Ruse
Agricultural High School
NSW/ACT 3RD: Spencer H ~ Spencer in Year 11 at Orange High School
SOUTH AUSTRALIA / NT 1ST Maili in Year 11 at Taminmin College Portfolio Value: $59,105
Maili was very active, buying and selling multiple times in a lot of different stocks. Strategy: “My strategy was to buy shares that had dropped significantly (5­10%) and were of values from
1­5 dollars so I could buy more of them. I found these companies by looking at the chart on the main
page that listed companies who had significantly risen or dropped in price. My biggest gain was when I bought 10,000 shares in BRS ­ Broadspectrum when they were down by 10
percent, and I made $3000 dollars when their share price skyrocketed overnight. I also liked to look at
a company’s highest and lowest share prices to estimate how much I could lose if they did drop and how
much I could also gain. There were times that I lost money during the Game…so I sold the shares at a
reasonable loss and bought more reliable shares rather than waiting for the price to go up.”
SA/NT 2ND: JT FB ~ Charlie & Jackson in Year 10 at Pembroke School SA/NT 3RD: Zachary Pfeil ~ Zachary in Year 12 at Pedare Christian College
TASMANIA 1ST Jordyn L ~ Jordyn in Year 8 at Burnie High School Portfolio Value: $58,932
Josh bought 18 times & sold 11 times. The stocks he bought included WBC, CBA, BOQ, WBC, ANZ, NAB,
MSB, HVN, EVN, CTX, FBU, QAN, MIN and BKL.
Strategy: “To begin with I decided to invest all of my $50,000. I started by investing in the four major
banks. This slightly increased my overall balance. However, when one bank started to drop, they all
followed so I decided to sell those shares. I then thought about which industry might suddenly increase. I discussed this with my classmates who indicated that companies involved in the mining sector were
doing really well. I then looked for companies which had “bottomed out” and where slowly increasing.
After I purchased these shares I made a commitment to give them time to see if they would increase, I
was lucky that they did.”
TAS 2ND: Luther in Year 9 at St Patrick's College TAS 3RD: DC For U Ltd ~ Anthony & Daniel in Year 9 at Leighland Christian School Special mention to our New Zealand and International top syndicates
New Zealand 1ST ~ Mafya ~ Aquinas College, Tauranga International 1ST ~ Diploma2017 ~ IGB International School
The company list has been updated for the entire Game period.
Well done to everyone who played the Game, we hope you had fun and learnt a lot. The Games Team
Previous newsletters
Game 2 2015 winners
The journey
Game start