Well - that was some year as we know; a tale of 2 halves with a final upwards flurry to take the edge off H2.
The results are now in, so summarising below.........
Our winner was seard with Angle (LON:AGL) up 149% closely followed by maxistaxis with Equals (LON:EQLS) +130% so well done to both of you.
Those were the only winners that doubled or better but an honourable mention to scuba with Revolution Bars (LON:RBG) at +97%
My own pick Open Orphan (LON:ORPH) when adjusted for the in-specie transfer of £POOL was up a poor 0.2% so no disaster but one that didn't work out so well, at least so far
On the downside 3 shares Trackwise Designs (LON:TWD) -70% and Venture Life (LON:VLG) -68% and £NYCT -57% were the worst performers and dragged the overall performance down quite a bit.
Collectively then nothing special in the end I'm afraid : +14% against a FTSE all share of +13%
I'd like to start a little discussion on here if anyone is interested. I know lots of people will have already entered the Top 5 stocks competition but this is a little different. I'd like people to post their best idea for 2021 but under certain rules/conditions.
Broadly the concept is similar to the power of crowds thinking and other research that has found that if you aggregate the best ideas of fund managers these tend to outperform significantly. I'd like to test this with us PI's. We run the risk of everyone having a different best idea of course but if nothing else it could also generate some useful ideas to research.
This is not run "blind" and there are no prizes (sorry!) but let's see what the results show.
Rule 1 : You can change your best idea at the H1 stage to allow for changing market conditions
Rule 2 : UK listed shares only : No specific limit to Market Cap but no smaller than £50m (as this is supposed to be a small cap type discussion I considered a £1bn cap but decided against it in the end)
Rule 3 : No Resource stocks (I have nothing against them and own a number myself but I don't want this idea to be swept up in speculative and volatile type stocks).
Rule 4: When listing your best idea…
