Sianz .. lalalala.. today was a long day so I’m gonna use smaller font sorry for straining ur eyes :) well.. today was day 2 of the stock challenge.. we actually played the stockmarket! Haha.. yes.. there are like diff rounds.. then each round we’re given a newspaper which we have to analyze. There are 20 stocks in the stockmarket, so based on the news, we muz buy the stocks accordingly la. Its reli very cool each stock has a different description one.. and each stock is like one company la.
e.g. if the news says ‘ten new oil rigs open thruout the country!’ then for example there’s a company called OC ‘Offshore Crude’ which specialises in oil rig construction, then ppl will buy their shares la, then the price will rise, which will be updated in the next round.
So we muz figure out which will rise , which will drop
So the game started pretty nicely.. the shares mi group bought all rose.. then each round, there’s a dividend stock, which is the stock that is the most expensive. If you have the dividend stock of each round, you will be given bonuses la. Then my group always buy correct share.. then cooperate w some other group buy and sell accordingly, following the news.. then make a lot of money..
Then came to this round where this stock called Prestige Woods (PW) (the stocks were known by their initials only) was deemed to rise la.. good news abt it in the newspaper, then every1 spread to every1 to buy it. it was actually at 40 (all stock prices start at 100), then everyone bought, and it was SOLD OUT!! Then mi group cannot buy.. [oh yeah, there’s a buying and selling cap of 3, means u can only buy or sell 3 shares of a certain stock each round] then it rose from 40 to 180!!!!!!!
That’s a HUGE increase.. the average increase was like 20-50 only.. the super zhai one increase by 80.. but this one increased by 140!!! We would have made 420!! Sighz… our biggest mistake in the game was not buying this first.. then sold out.. sighz
But we did make a good investment, I told my group to buy this stock called Mega Music (MM), so we bought 3 shares. Then nxt round it rose, then I told them buy 3 more.. they not very confident at first la, but I persuaded them to buy it.. then guess what.. next round it became the dividend stock! (and it rose sky high) So we got bonus for the 6 shares we had, which added up to 300. noone else had 6 shares of it lor. Only us. :)
Man.. then we lost to the top group by only 30 dollars.. which is VERY little.. it’s like.. super little lor.. but SA top 3 boys group swept it la.. total networth of top 3 : 78k ++ , 82 220 ß us , 82 250 ßfirst group.
Grrr.. lost them by a bit.. then they are a bunch of ppl who like always act stupid and make fun of themselves one.. then lik super sia suay lose to them… sighz. Anyway. Yup. 2nd la. Borders gift card $30 each of us in the group. And some cheapskate certificate made out of practically normal printing paper saying ‘ congratulations for being part of the winner’s circle!’ -_-“ like.. er.. wow. Made of ordinary paper somemore.. not even laminated.. this is something citibank stinged on. Oh ya look down for more abt citibank (3 paragraphs down)
Ah.. but being top 2 in like 26 groups(of boys) is pretty good.. and we were top in the whole thing too.. SASS swept it.. but. I mean.. as Mrs Low said. (mi phys teacher! Brought us for the stock challenge thing. She came on the first day, then she drove me jem and wx to the mrt to go home! Thanks mrs low!! ) (but she never come today.. cos muz entertain guests in skool or sth), the rest of the skools were like neighbourhood schools la.. like.. Crescent Girls Secondary(dunno if this is the name ) (saw one chio girl from here. :P ) reagent sec… dunman sec.. supposedly ‘lousier’ schools.. ya la. So she expected us to win.. lol
Heehee.. now as im reading yesterdays blog.. I was juz saying how we sure wont win.. haha.. the other group’s flange and business cards and costumes were all better than ours la… but my group.. got me wat. :P Hahahahahha.. no la.. my group smart.. know which share to buy.. and dare to buy more.. so earn more lor. Cant believe we lost to the first group. Bleahz. If u were in mi class u would know why.
Stockmarket is so fun.. if I hav a chance ill definitely play again.. tho sitting in an aircon room for 6 hours is quite killer. And the air con super cold lor. My fingernails turned purplish white. :S
Wa oh ya citibank is super rich leh. We learnt they are the richest company in the world. Lol. And they sponsored the event. :) so had like free pen free markers (mi markers all spoilt!!! :@ ) free folder free t shirt free mouse pad free tumbler and best of all.. FREE LUNCH!! Lol.. good food man.. two days free lunch.. very nice food. Eat until shiok. Lol. :D
Then mi and CK and malcolm went to ljs in toapayoh to eat.. I din eat la.. juz watch them eat.. cos was like 4+ already.. then.. tot of the outing I had w the girls on Sunday la… haha.. so fun.. happy memories. :P cos play arcade wat! Fun leh. Lol. Wat were u thinking. Lalala. ;)
Yawn.. back to skool tmr.. got one day of time-wasting at skool.. then afternoon got new south wales english competition.. sianz .. then thurs got sci centre visit and CIP… then fri half day skool end loh. Hehe..
Stockmarket is really fun.. but after going to ngee ann poly school of business and accountancy.. I juz feel tat poly students reli have the better chance of getting better jobs.. cos.. jc students.. learn wat.. bio.. chem.. then be wat.. doctor ar.. so sianz. Wanna be some ceo of sth muz lik hav poly education leh. Hee.. or jc econs la. Learn Abt the market. Hmmz.. I reli dunno abt mi career choice.. hope I’m enlightened soon.. cos I’m .. getting old.. :D haha..muz make a decision soon.. o lvls nxt yr.. ahhh.. muz pray for guidance.. .. . . ~~
