» Alternative Energy
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China Biodiesel Tender Offer and DelistingAnd trust me, it is a tender offer. After purchasing our initial tranche of 1,960 China Biodiesel shares back in July 2009 for 6.6 pence a share and topping up a short week later at 10.06 pence (yep that’s a 50% rise in that short week), we were averaged into CBI.L at 9.29 pence a share. And whilst the share price did go on to test 20 pence in August 2009, since then there’s been a lot...
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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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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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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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On the Move – Ceramic Fuel CellsWith finals due out in the next week, Ceramic Fuel Cells (CFU.L) has spurted again, pushing north 16% on the day as I type. There’s been a nice upturn in press too extolling the virtues of fuel cells and the Ceramic Fuel Cells product in particular. Here’s a couple from the Guardian and EcoGeneration. The boards are abuzz and the feeling is that the news will be good. Long term we love...
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Purchase – China BiodieselSo this buy ain’t gonna break the bank. Yesterday we lashed out and bought, wait for it, 1,960 shares of China Biodiesel at 6.6 pence a share, for a total outlay of £129.36. I think it’s the smallest single tranche of shares I’ve ever purchased. But it’s not about the total outlay, it’s about the selling price and when these babies rocket to a quid each, I’ll b...
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There’s Plenty of Sun in the SaharaIt’s estimated that $555 billion will be needed to realise a planned project to harness the sun that beats down on the Sahara Desert and pipe it to European homes, according to sources from Siemens AG quoted in an article on Bloomberg.com. Some big players such as Siemens AG and Munich Re – amongst others – will meet today in Munich to sign a memorandum of understanding to procee...
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On the Radar – Renewable Energy HoldingsOn the advice of one of our readers (thanks Justin) we’ve placed Renewable Energy Holdings (REH.L) on the radar. As its name suggests, Renewable Energy Holdings is all about sustainable renewable energy. They seem to have their finger in a few alternative energy pies from wind, wave and solar through to methane capture and hydro power generation. Obviously we love the sector with all it̵...
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Purchase – Ceramic Fuel CellsFollowing Friday’s meteoric rise of 31.2% in the share price, we’ve jumped on board with Ceramic Fuel Cells purchasing 5,546 shares at 8.835 pence a share for a total outlay of £489.99 (okay, not huge numbers but the coffers aren’t as deep as they used to be). I’m pretty happy with the price as the spread was showing 8.75 to 9.00 pence and as with many penny shares, a heft...
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On the Radar – Ceramic Fuel CellsOkay, this may be a case of the horse already bolting but I’ll be very interested to see what happens come market open on Tuesday. Last Friday, Melbourne based, Ceramic Fuel Cells Limited gained a rather juicy 1.95 pence (31.2%) on the day, closing at 8.20 pence (after testing 9+ pence earlier). The gains came after an RNS quoting that Ceramic Fuel Cells “has launched a dishwasher-size...






