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Cement’s Taking OffEarly last week West China Cement caught my eye after finishing the day up 34 pence at 490 pence, a rise of a little over 7% on the day. At that point after a little positive pondering, I postulated that if WCC could breach the 5 quid mark that week and remain there – remaining there’s a biggy – then it could be onward and upward for West China Cement in the coming weeks and mon...
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West China CementFirst off allow me to apologise for the infrequency of my posting of late. Rather than braving the European chill, for the last month I’ve been avoiding things that slither and sting down under. I’ve swapped my laptop for a beach towel and the only stock that’s piqued my interest has been the stock of beer in the esky. I’ve attempted to keep an eye on things financial whils...
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Buckle Up For a Renesola RideIt’s been a hair-raising start to 2010 for Renseola – our manufacturer of solar wafers and solar power products – but no-one said investing in China-based alternative energy AIM shares was gonna be easy! January started with an optimistic bang sending SOLA.L skyrocketing from it’s Christmas break price of 145 pence up to 190 pence in the space of a week. That’s a 23.6...
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Stock Tips 2010Despite the markets taking a well-earned sabbatical, I love this time of year on the investment calendar. It draws a line under the year gone and allows us to take stock of where our investment strategy is at and where it’s heading. In bad times the break can be the catalyst the market needs to regain a little impetus. In good times the break can serve to simply reinforce market direction. B...
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Clipper, Copenhagen and ChristmasFollowing on from my semi-forced uptake of Lloyds earlier in the month, this week I received another timely email from my broker informing me of a Tender Offer whereby I could part with some or all of my holding of Clipper Windpower at the slightly higher than current market price of 180 pence per share. As I type we’re trading in the range of 164 and 167 pence, so to be honest, the offer ...
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Lloyds Rights IssueFrom the four options I spoke of earlier in the week, I’ve gone all in with Lloyds (option 1) fully taking up my offered allotment of 1,037 shares at £0.37 a share. The rights issue gave me a reduction on current market value of about £0.16 per share or 30%, so I can’t really complain, despite doing my darnedest in my most recent post. Our total holding of Lloyds has now risen to 1,...
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Topping Up On Lloyds…I ThinkPersonally, I’ve always considered trading shares a very intimate process. I would do my homework, I would look at the market and I would decide, initially my entry point, and down the track, my exit point for any given equity. The timings were mine, the mistakes – of which there have been many – were mine, and even the odd windfall was mine. It was done to my schedule. I had no ...
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ReneSola ResultsEarlier today ReneSola announced its third quarter results (for the period ending 30th September 2009) and the future is looking pretty rosy for our vertically integrated Chinese manufacturer of solar power products. Highlights included: Third quarter net revenues exceeded guidance coming in at US$140.9 million, an increase of 70.6% over second quarter net revenue figures of US$82.6 million. Tota...
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RenesolaSo I’ve been talking about it for long enough but last Friday I put my money where my mouth was and topped up on some Renesola, adding another 692 shares to our holding at £1.23488 a share for a total consideration of £854.54. Renesola has been on our radar again since it visited the 150 pence mark in late September where it traded within a range for a fortnight or so before continuing its...
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Sold a Little Eros International PLCAnother three-figure write-off day for the FTSE and again our portfolio is adrift atop a sea of red, but its not all bad news. We’ve taken the opportunity to sell off a few of our Eros International shares. We first got on board with Eros International – a Bollywood film producer and distributor – in early May of this year, purchasing 533 shares at £1.05 a share for a total outl...









