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PV Crystalox Solar – I’m In

Now it's no news to anyone who has followed us on our little journey that we've a penchant for a highly speculative buy. Add a green energy aspect to the mix and it's like a waving a pizza, at mid-70's Elvis (too soon?). So, when PV Crystalox Solar plunged to below 10 pence a share late last year, we placed it on the radar. When it fell below five pence it was like adding another layer of cheese, there seemed no way I couldn't take a little speculative slice (well three actually: at 4.4, then 5.15 and 5.4 pence to be exact).   [caption...

Sale – PV Crystalox Solar

The 30th December 2010 marked a sad day for Investor Trader. Following the sale of our entire holding of PV Crystalox Solar (PVCS.L) it was the first time since we began our little project in April 2009, that our portfolio held no wind or solar energy shares. Over the journey at different stages a large percentage of our portfolio has been tied up in Renesola. That is until they packed up their AIM listing and took all their toys to the New York Stock Exchange in November. We also held shares in Clipper Windpower until they became a UTC takeover target...

Sale – Ceramic Fuel Cells

Another day, another sale. What can I say, we're trading the Hades out of our little portfolio recently in the hopes of finding some short term gains in sectors new. This time it's our holding of Ceramic Fuel Cells (CFU.L) that's been given the chop. We sold off 5,546 shares at 10.50 pence a share late last week after buying in for 8.84 pence a share back in June 2009. Not the sort of returns that are going to make us rich but it's better than bank interest. Now it's not that Ceramic Fuel Cells had failed to deliver, it's just that patience...

Sale – Clipper Windpower

Late last week, following our sad farewell to Renesola, we sold off our final cache of another Investor Trader stalwart, Clipper Windpower. The once proud Clipper Windpower whose price previously stormed its way toward ten quid recently became a takeover target for UTC and not for the first time if memory serves me correct. Anyway, to cut a long story short, the offer came in at 65 pence a share and not being one to hang a round for the last rites, we sold out at 64.15 pence to put our money to work elsewhere. At the time of the deal 65...

Sale – Renesola

With last rites being performed on Renesola's AIM listing before shifting their focus solely to their New York Stock Exchange listing, last Thursday 4th November we sold off our final tranche of 500 shares of our portfolio stalwart for 4.0150 pence a share and a total return of £2,007.50 before dealer costs. We were averaged into Renesola at £1.12 a share so we took a 350% profit on Renesola this time round. Renesola has always been good to me over the years. Taking me up toward the giddy heights of £7 before I lost my nerve and smacked the sell key...

Purchase – PV Crystalox Solar

So with my Renesola adventures due to come to an end in the coming weeks, the first of my four purchases this week, will come as a no-brainer to those who've followed Investor Trader over the journey. PV Crystalox Solar is a, yep, you guessed it, solar energy company. Though it lacks the Chinese connection it's still a major player in Asia (especially Japan). We purchased 1,719 shares at 57.21 pence a share. To quote from the tin: With 25 years (28 now) in solar technology development, PV Crystalox Solar is a leading manufacturer of multicrystalline silicon ingots and wafers, the key component...

Renewable Energy in the News

I just stumbled across a great article on the Malta Independant Online website with some wonderful juicy figures on renewable energy that I thought warranted sharing. The piece focused on a speech given by Pasquale Pistorio, a respected, now-retired Maltese businessman who for over 25 years was the head of STMicroelectronics. Below is an extract. To read the article in full visit the Malta Independant Online: The EU has what it calls its 2020 targets, which also mean a 20 per cent cut in energy consumption by 2020. But the targets may even go up to 30 per cent. It would be easy...

Sale – A Little More Renesola

So we pulled the trigger on Renesola and sold off 500 shares - half our holding - last Wednesday at a price of £3.5375 per share. The reasoning: well, besides SOLA.L pushing some two year highs, we're working to a little bit of a deadline  before Renesola dumps its AIM listing and takes all of its toys to New York. So whilst it's always nice to bank a triple-bagger (we are averaged into Renesola at £1.1227 per share) there's still a sense of loss at what could have been. Put it this way. If Renesola's move away from AIM wasn't...

Renesola and Another Dear John Letter

Readers of Investor Trader may remember my brief tryst with West China Cement which came to a premature end back in May of this year. Sadly, growth saw them forget their roots, pull their AIM listing and try to make it in the big city. In this case, the big city being Hong Kong. And as it turns out, the big city has been quite kind witnessing gains in WCC in excess of 20% in the month since they headed east. I was willing to take that one on the chin. Let bygones be bygones and all that. Until...

China Biodiesel Tender Offer and Delisting

And 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 of market apathy - time spent between 8 and 14 pence. Lately it's split the middle of those highs and lows and has camped...

Buckle Up For a Renesola Ride

It'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% gain! Why? Good question. That first full week of 2010 trading only bought news of a failed acquisition. Renesola's plans to purchase Dynamic Green Energy Limited fell through due to a lack of  relevant Government agency approvals. Despite what...

Clipper, Copenhagen and Christmas

Following 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 - though far from tender - is looking better by the minute. I had high hopes for my Clipper Windpower shares this week on the back of...