Like your work Mozart. Australian article below, with BRM the best amongst their tipsters in 2010.
"Winning bets from the top tipsters
Tim Boreham
From: The Australian
January 04, 2011 12:00AM
THE judges can't hear a protest siren so we declare a winner.
The Australian's 2010 expert stock tipping accolade goes to Lincoln Indicators' Elio D'Amato, who blitzed the field with an average 24 per cent gain across his 10 favoured stocks.
Overall, 110 share tips across the 11-person panel gained a creditable 13 per cent in an overall flat market last year.
Our tipsters are free to select any listed stock, but there's a tendency to gravitate to the security blankets of BHP Billiton, Rio Tinto and the big four banks.
Last year, though, the rewards went to those willing to take a risk on speculative plays, especially in the resources sector.
D'Amato's best stock was Centennial Coal, which gained 60 per cent, courtesy of Banpu's successful takeover bid.
Overall, the best performer was Pilbara iron ore hopeful Brockman Resources (up 127 per cent), selected by Peter Wright Burrell Stockbroking (now with BCP Alpha Investments).
Wright also selected Stanmore Coal, a recently listed Bowen Basin producer focused on identifying thermal and metallurgical coal export markets.
Other runaway performers were salary packaging group McMillan Shakespeare, which shrugged off the slings and arrows of the government's tax review to gain 113 per cent. It is a long-time favourite of Wilson Asset Management founder Geoff Wilson.
Fat Prophets' Angus Geddes put his faith in Magellan Financial Group (up 96 per cent), which he correctly picked as an emerging fund manager with high-quality management.
Other noteworthy improvers were Lihir Gold (taken over by Newcrest Mining), iron ore third force Fortescue Metals, copper producer PanAust and the ever-reliable telecommunications reseller M2 Telecoms.
D'Amato romped home over the second-placed Peter Wright, but his performance could have been better were it not for his selection of complementary medicine mob Probiotec, whose shares could do with a herbal infusion.
Other big disappointments were leukemia drug developer Chemgenex and contractors Downer EDI and WDS."
At the blue-chip end, panelists were dragged down by the banks (which more or less marked time), and the Australian dollar affected QBE Insurances, which declined 27 per cent.
Overall, only four of the panelists ended in the red, with the rest -- including Australian Psychics' Association head Simon Turnbull -- only just falling short.
We reserve dishonourable mention for the collective effort.
The Australian's business reporters, who fell short by a pathetic 11 per cent, weighed down by Chemgenex and hot-rock disappointment Petratherm. Handsome and talented we may be, but gun tipsters we are not.
- Forums
- ASX - By Stock
- BRM
- will the imminent rail deal unlock the kindom?
will the imminent rail deal unlock the kindom?, page-3
Featured News
Add BRM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
BTH
BIGTINCAN HOLDINGS LIMITED
David Keane, Co-Founder & CEO
David Keane
Co-Founder & CEO
Previous Video
Next Video
SPONSORED BY The Market Online