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Author: sahfee Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 3296  
Subject: MicroCap Challenge 2007 Date: 12/22/2006 5:25 PM
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Trading is allowed. Here are the rules for anyone interested in entering:


We will use the Globe Investor site and each person will be responsible for their entries. Each of us will enter our buy sell data and it will remain recorded on the Globe Investor site. To trade one can sell one stock and then buy another stock with the proceeds ( the amount reflecting proceeds should equal the amount reflecting cost).

There is no deadline. The final reckoning will use closing prices on January 11 2008.


RULES:

1-stocks of companies with less than or around 200 million $CAD market cap are acceptable

2-US or Canadian long stock positions or cash are valid

3-up to 3 entries per person are valid

4-there will be a link to the MicroCap Challenge under announcements on the right. Please use this thread for posting trades for the Challenge. Once posted on this thread the trade can be entered at the Globe website.

5-$5 CAD fee for each trade($4 USD for each trade)

6-For subsequent trades first sell all shares of one stock (in 1 or more trades) and then use the proceeds the same day or at a later date to buy another stock. The total proceeds from the sale of a stock must be used to buy 1 and only 1 stock. It's important to keep the 3 trading threads separate. If at some point you sell one of your entries the proceeds cannot be used to add to your position in another one of your entries.

8-We each have 3 chances at winning if we enter 3 stocks. We are not calculating average gains for this competition.

9-If there has been no significant change with the company(news release, earnings release, article,etc)since the last trading session then you can use the last closing price before you posted the stock on this board. If there has been a significant change with the company then use the next closing price after you posted the stock on this board.



The Globe site keeps the Canadian and US stocks separate in the portfolio. A simple click on the %portfolio column shows which stock entries are in top spot. Check out both the US and Canadian sections to determine the winners. Stocks which have been sold will not be in the portfolio anymore but their gains or losses will be rolled into the subsequent choice.

***********************************************************************

INSTRUCTIONS for entering data at the Globe Investor site:

go to http://www.theglobeandmail.com/

click on 'member centre' at very top right(If you already have a membership at the globe site and your computer remembers your login info you will need to logout first)

log in as 'tmfcanuck' with password 'stocks4us'

scroll down page and click on 'globe financial portfolio'

select portfolio 'MicroChallenge 2007' and click on GO button

in middle column labelled 'updating your portfolio' scroll down and

under 'stocks' click on 'record buy sell' link

fill out all data (use an amount of $1000 CAD!!! for first purchase, market price and fill in trade date. For those entering US stocks you will need to convert the beginning amount of $1000 Canadian into US dollars using the closing exchange rate for the date you post)

press' Buy' or 'Sell' button

all data is presented on a new page. If it's correct click on button 'add to my portfolio'

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Author: sahfee Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 2902 of 3296
Subject: Re: MicroCap Challenge 2007 Date: 12/22/2006 6:11 PM
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And ta da....all very highly speculative

My entries are Yamiri Gold and Energy YGI.V Uranium and gold properties in Argentina, 12M market cap http://www.yamirigold.com/

Lithic Resources LTH.V Zinc properties in Utah and Quebec, 10M market cap http://www.lithicresources.com/

Pacific Asia Energy PCE.V coalbed methane gas in China, 35M market cap http://www.pace-energy.com/s/Home.asp




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Author: TMFAdmiral Big gold star, 5000 posts Feste Award Winner! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 2903 of 3296
Subject: Re: MicroCap Challenge 2007 Date: 12/23/2006 5:09 PM
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Hi Sahfee,

I decided to enter Rentcash (RCS.T) as it's too small at $160 million for the Canada Challenge. It's unlikely to beat some of your high flying penny stocks, however I think that the market is missing a few things with this stock

1. It voluntarily took a hit to revenues by ceasing some of the payday practices that will almost certainly be attacked by regulators. This won't affect future growth in payday lending as # of stores expands.

2. I high proportion of the existing stores are less than 2 years old. Stores mature over 4 year period giving ample opportunity for comps growth

3. Getting rid of the rent-to-own stores (in Brick & United Warehouse stores) will significantly improve the profitability of the company.

4. By my estimation of the company as a standalone payday lender the stock could reach between $14 and $20 by late 2007/mid 2008

http://www.rentcash.ca/

Biggest risk is provincial regulation which may effectively ban all payday loans.

I'm also going to enter a penny stock - Starfire Minerals (SFR.V) - in the true micro-microcap challenge. Only $6 million marketcap and entirely speculative - A friend of mine is the President & CEO, otherwise I would not be invested in this company & I'm specifically not recommending it to anyone else.

Starfire has the rights to many mining (some apparently promising) prospect sites, principally Uranium, Nickel and Precious Metals, but does not have any proven resources or production facilities. They do have the backing of certain funds in TO and insiders own a good proportion of the shares. To date I haven't seen any overt attempts at promoting the stock & believe that the President is focused on finding minable amounts of minerals rather than promotion to make a quick buck.

http://www.starfireminerals.ca

Anyway it's my entirely fun & speculative entry for this year

Regards
Philip
Discl: I own both Rentcash & Starfire Minerals shares

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Author: fakena Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 2904 of 3296
Subject: Re: MicroCap Challenge 2007 Date: 12/24/2006 1:35 AM
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Here's my picks:

1.Acadian Gold ADA-X
Will Felderhof's backyard mining dream is about to Rock N'Roll in 2007. Stock price is probably undervalued as to zinc operations alone. And gold will probably yield 2 million ounces if POG stays at least at present levels.
Disclosure:More than 10% of portfolio.

2. Coast Wholesale Aplliances CWA.UN-T
They still look like a retailer that's growing and present distribution yield is 15+, wouldn't surprise me that they can grow that distribution to maintain it even if taxed in four years.
Disclosure: More than 10% as well.

3. Northampton Group NHG-X
Still the same boring hotel operator that's very good at it. Annual cash flows are very likey .20-.30 which in this space should gather a stock price of $3-5, they got some market recognition when trust announcement made...Halloween caused interest in this to fade. Still a great buy.
Disclosure: Same as above, more than 10% of port.




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Author: sahfee Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 2905 of 3296
Subject: Re: MicroCap Challenge 2007 Date: 12/25/2006 3:13 PM
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Glad to see you back, fakena. I reckon you will be the winner of the microcap 2006 challenge so it's nice that you are around to reap the glory. Are you still into website software and online poker??
Cheers.

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Author: fakena Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 2907 of 3296
Subject: Re: MicroCap Challenge 2007 Date: 12/26/2006 11:33 PM
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Yes, to the website software community sort of. Its like a world war developed there, its at least three seperate directions now. Playing a bit of online poker too. I guess the challenge for 2007 will be to balance some time amongst all three hobbies. Looks like 2006 will yield a 35%+ return for me basically doing nothing throughout the year.

I spent a few days over your way in June(Metchosin mostly) then drove almost non-stop from there to here(81 hours I think it was). I think I set a personal best for tears shed each day I was there. Lovely weather and people, just the wrong type of event surrounding it.

Definitely time to get a start on buy candidates, its looking like I should at least cut in half a few of my holdings. Bevo the plant germinator looks like its available for a good price. And Taiga Building Products looks like it has some type of debenture available with a 14% yield. Mostly everything looked overpriced at start of 2006 and went higher.

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Author: tim443 Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 2909 of 3296
Subject: Re: MicroCap Challenge 2007 Date: 12/27/2006 2:14 PM
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Sheila,

Up to my ears in company and two lovely grandsons, details later but my entries are.

--------------------------------
http://finance.yahoo.com/q?s=SHF.V

Shift Networks does small business VOIP, expanding from their base in the West to Middle Canada (Ontario).

http://www.shiftnetworks.com/

--------------------------------
http://finance.yahoo.com/q?s=IT.V

Icron Tech has been a disappointment but the deal with Global Interface technology might finally bring their wireless products out of the lab.

http://www.icron.com/

--------------------------------
http://finance.yahoo.com/q?s=VRDE.OB

VERIDIEN CORP have made some changes that could actually get them above the single digit penny level. ;-)

They have contracted out their rather disasterous attempt to do their own manufacturing, contracted out their really bad marketing and most important have taken the products that they used to sell exclusively to hospitals, attractively packaged them and I've seen them on the shelves of Sobey's, Super Stores (Loblaws) and Lawtons Drugs.

http://www.veridien.com/corporate.htm

Good luck to us all

Tim

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Author: TMFAdmiral Big gold star, 5000 posts Feste Award Winner! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 2910 of 3296
Subject: Re: MicroCap Challenge 2007 Date: 12/27/2006 7:09 PM
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Hi Fakena,

My wife and I are completely renovating our kitchen this winter & we recently went to Coast Appliances here in Vancouver & while the show room is excellent I was irritated by a couple of things.

1. They do not display any prices on the appliances which makes it necessary for you to be "assisted" by a customer rep. This is obviously a selling tactic but if I want to browse by myself I want prices displayed - I know that they'll do a package deal & we had previously got prices for some appliances but were now ready to buy & wanted the package deal price.

2. Added to number one their were no sales staff available when we were there and after 15 minutes we left without anyone asking us if we required any assistance. The two receptionists were too busy chatting with one another to even notice.

Of course I could have asked for assistance but when I thought of the service that we'd got in the competing stores I couldn't be bothered any more than they could be bothered with us.

The competing store offered coffee from an espresso machine (from a model that they were selling of course) and continually plied us with foods & appetizers cooked on the premises. We were asked immediately if we needed assistance & low & behold prices were on all of the aplliances.

Guess who got the not inconsiderable $$$ of business?

In future I wouldn't even bother to comparison shop in Coast & would recommend anyone else to go to their competitors

We're probably one in a thousand customers & it probably won't affect the share price but I hope others aren't similarly turned off

Regards
Philip

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Author: fakena Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 2911 of 3296
Subject: Re: MicroCap Challenge 2007 Date: 12/27/2006 9:47 PM
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Thanks for the experience report. Not a good thing really, but then again it could be a good thing if the shopping experience was always this way. A lot of lost sales there to gain in the future. Definitely not something a retailer/wholesaler can afford to do and keep up the good numbers.

Maybe I'll ask their investor relations about it. And see if they use hired shoppers for investigating.

BTW. What was the competing store, is it public?

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Author: tim443 Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 2912 of 3296
Subject: Re: MicroCap Challenge 2007 Date: 12/28/2006 10:22 AM
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1. They do not display any prices on the appliances which makes it necessary for you to be "assisted" by a customer rep. This is obviously a selling tactic but if I want to browse by myself I want prices displayed - I know that they'll do a package deal & we had previously got prices for some appliances but were now ready to buy & wanted the package deal price.


This is a pet peeve of mine and will usually get me heading for the door.
}}:-(

When I flew back to finalize our plans for the move five years ago, one of the things we needed coming from Europe was all new appliances. Someone recommended a small place near Halifax and we drove over out of curiosity. The store wasn't very big, was "stuffed" with a variety of apppliances from several different manufacturers and family run.

Every unit had a price tag easily visible and as soon as I started ordering, the lady started knocked off a substantial sum on all of the prices (in total she dropped $1200 off a $6K plus order). They held the stuff for us for four months, delivered it on the day they promised and installed and tested all but the dishwasher (which was done by the contractor who built the house).

A truly pleasant experience and hard to match any of the other places I've been to since.

Regards

back to the grandsons }}:-)

Tim

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Author: TMFAdmiral Big gold star, 5000 posts Feste Award Winner! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 2919 of 3296
Subject: Re: MicroCap Challenge 2007 Date: 1/3/2007 2:35 AM
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Hi Fakena,

Probably a bad hair day for them & not too significant - their showroom is pretty impressive.

The other guys I checked out were Trail Appliances and Y. Franks which I believe is linked with Edmonds Appliance Centre. Another good one that I missed this time (we renoed a kitchen 4 years ago in our previous house so are getting adept!) is Midland Appliances.

The best service we got was from Y Franks, prices are all very close, so we bought from them.

Happy New Year
Philip

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Author: fakena Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 2948 of 3296
Subject: Re: MicroCap Challenge 2007 Date: 1/9/2007 2:50 PM
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Coast Wholesale Appliance news yesterday has Jerry Zucker passing 10% disclosure rule and now owns 16.1% of this company.

http://www.newswire.ca/en/releases/archive/January2007/08/c3882.html

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Author: sahfee Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 3079 of 3296
Subject: Re: MicroCap Challenge 2007 Date: 4/6/2007 12:15 AM
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Remember one can trade these but you are responsible for entering the data yourself. See first post #2901 in this thread for instructions. Fakena is doing well with the top two spots.



symbol % change % port
CWA.UN-T 29.7% 10.1% Coast Wholesale Appliances
ADA-X 26.0% 9.8% Acadian Gold
CMG-T 25.5% 9.8% Computer Modelling Group
LTH-X 21.6% 9.5% Lithic Resources
SFR-X 17.4% 9.1% Starfire Minerals Inc
VRDE-Q2 5.3% 8.2% Veridien Corporation
SHF-X 4.7% 8.1% Shift Networks
NHG-X 0.4% 7.8% Northampton Group Inc
PCE-X -3.9% 7.5% Pacific Asia China Energy
IT-X -5.1% 7.4% Icron Technologies
YGI-X -10.5% 7.0% Yamiri Gold and Energy
RCS-T -24.4% 5.9% Rentcash Inc.

total port 7.2% 100%



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Author: sahfee Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 3080 of 3296
Subject: Re: MicroCap Challenge 2007 Date: 4/6/2007 3:20 PM
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Computer Modelling is whose entry????

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Author: sahfee Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 3196 of 3296
Subject: Re: MicroCap Challenge 2007 Date: 1/7/2008 8:38 PM
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Seeing as how the day of reckoning is Jan 11, 2008 I have done a trade of one of my dismal performers. I sold PCE.V and put the proceeds into GPO.V Goldport Resources taking off trade fees of $5 for buy and sell.

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Author: sahfee Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 3197 of 3296
Subject: Re: MicroCap Challenge 2007 Date: 1/14/2008 1:53 PM
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fool              symbol         cost      shares   price  amount  dividend  amt w div  gain/loss

??TMFAdmiral CMG-T 1000 89.64 14.24 1276 160 1437 44%
sahfee LTH-X 1000 2,211.11 0.54 1194 17 1211 21%
fakena CWA.UN-T 1000 133.02 7.51 999 65 1064 6%
tim443 IT-X 1000 1,530.77 0.65 995 995 -1%
fakena NHG-X 1000 872.81 1.01 882 882 -12%
fakena ADA-T 1000 1,105.56 0.76 840 840 -16%
TMFAdmiral SFR-X 1000 5,102.56 0.16 791 791 -21%
sahfee YGI-X 1000 3,316.67 0.21 697 697 -30%
tim443 SHF-X 1000 10,473.68 0.07 681 681 -32%
sahfee GPO-X 561 1,711.14 0.37 625 625 -38%
TMFAdmiral RCS-T 1000 125.95 4.5 567 16 583 -42%



VRDE-Q2 871 USD 19,922.53 0.02 398 398 USD
tim443 VRDE-Q2 1000 CAD 406 CAD -53%


total portfolio 12000 8774 -27%


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Author: sahfee Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 3198 of 3296
Subject: Re: MicroCap Challenge 2007 Date: 1/14/2008 2:02 PM
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Here are the names of our winners and losers. Mystery entry Computer Modelling did well with juicy dividends. Next up was Lithic Resources, my entry. And fakena's Coast Wholesale Appliances was in third spot. Noone did any trades except I did one last week changing PCE Pacific Asia Energy for Gold Port.



 symbol             company
CMG-T Computer Modelling Group
LTH-X Lithic Resources
CWA.UN-T Coast Wholesale Appliances
IT-X Icron Technologies
NHG-X Northampton Group Inc
ADA-T Acadian Mining
SFR-X Starfire Minerals Inc
YGI-X Yamiri Gold and Energy
SHF-X Shift Networks
GPO-X Gold Port Resources
RCS-T Rentcash Inc.

us stock
VRDE-Q2 Veridien Corporation


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Author: sahfee Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 3199 of 3296
Subject: Re: MicroCap Challenge 2007 Date: 1/14/2008 2:14 PM
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FINAL RECKONING FOR MICROCAP CHALLENGE 2007



Somehow the dividend for Northampton slipped up to Lithic Resources. I have corrected this and the difference is minimal. But I wouldn't want anyone to think I was cheating now would I???


fool              symbol         cost      shares   price  amount  dividend  amt w div  gain/loss

??TMFAdmiral CMG-T 1000 89.64 14.24 1276 160 1437 44%
sahfee LTH-X 1000 2,211.11 0.54 1194 1194 19%
fakena CWA.UN-T 1000 133.02 7.51 999 65 1064 6%
tim443 IT-X 1000 1,530.77 0.65 995 995 -1%
fakena NHG-X 1000 872.81 1.01 882 17 899 -10%
fakena ADA-T 1000 1,105.56 0.76 840 840 -16%
TMFAdmiral SFR-X 1000 5,102.56 0.16 791 791 -21%
sahfee YGI-X 1000 3,316.67 0.21 697 697 -30%
tim443 SHF-X 1000 10,473.68 0.07 681 681 -32%
sahfee GPO-X 561 1,711.14 0.37 625 625 -38%
TMFAdmiral RCS-T 1000 125.95 4.5 567 16 583 -42%



VRDE-Q2 871 USD 19,922.53 0.02 398 398 USD
tim443 VRDE-Q2 1000 CAD 406 CAD -53%


total portfolio 12000 8774 -27%


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Author: fakena Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 3205 of 3296
Subject: Re: MicroCap Challenge 2007 Date: 2/10/2008 6:35 AM
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also looks as if Coast Wholesale Appliances has $100 of dividends missing as each unit was receiving .12 per month for 12 months of $1.20 in total which was bumbed up a bit through the year to $1.23 annually.

Doesn't look like a new 2008 pick op here yet but my picks from last year I still like and have recently increased my position on Silverleaf Vacation Resorts SVLF-Q, bought a fair bit of Hart Stores HIS-T which IMO, has normalized earnings in the $0.35-$75 range depending on the year, is growing store counts by 5% per year and paying a 3+% div yield. PDM royalty trust PDM.un-T is available often for 15+% dist yield when the likes of similar trusts like A&W AW.un-T are priced with yields under 10% and often near 8%. I've usually enjoyed Pizza Delight meals both here and m travels around Atlantic Canada. Seems like a good undervalued trust deal to me.

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