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27 Jul | Day 90 – Portfolio Value £7,690 Up £244 On The Day

Now that’s the way I like to start a week, an ocean of blue arrows pointing to the sky, followed by some chunky figures behind ’em.

Leading our list of winners on the day was China Biodiesel which finished north 1.12 pence (12.3%) at 10.12 pence. A month ago you could pick up China Biodiesel for 5 pence, there’s been an upswing in volume especially in the last week and it seems biodiesel is back on the agenda in China at least. This from Green Momentum:

The administration of energy in China is finalizing plans to increase production and promotion of biodiesel, including requiring a new 5% biodiesel mix. The new measure is being considered for next year in Beijing, Shanghai and Guangzhou.

Lloyds Bank had a strong day finishing at 83.33 pence, up 5.34 pence (6.85%) on the back of a Nomura upgrade to buy from reduce.

West China Cement added a further 6.83% today, continuing it’s meteoric month – we bought WCC.L at £1.70 less than two weeks ago and it’s now trading at £2.60. May have to look seriously at some re-shuffling of funds as I see a huge potential upside to West China Cement in the coming months.

Other winners (from our portfolio) on the day included Eros International, Clipper Windpower, Ceramic Fuel Cells and Low Carbon Accelerator.

Thanks again for dropping by.

Paul
rsvp@investorsoiree.co.uk