Eros International

Eros, the Greek God of Love, son of Aphrodite, cousin of Cupid. The mere uttering of the word is enough to raise the mercury a mill or two in some. In AIM investment circles, the name Eros has been known to arouse a little interest too. It belongs to a compelling small cap company based a little to the East of Greece - Mumbai in fact, home of India's prodigious film industry, Bollywood and Eros International (EROS.L). It's a company we jumped in and out of back in 2009/10 for a quick-fire 61% profit. Now if that's not love...

OPG Power Ventures – We’re Back In

So we've top-sliced our PV Crystalox Solar holding (pocketing a handy 15% in five weeks into the bargain) and taken up a little OPG Power Ventures with the proceeds. After buying in to PV Crystalox Solar at 4.40, then again at 5.15 and yet again at 5.40 pence, even the optimist in me was saying, hang on there mate, slow up a bit or you'll be looking for payday loans. We're still holding 70K shares in PV Crystalox Solar - averaged in at 4.74 pence - and with interims due at the end of the month, I'm quietly optimistic that anything...

Powering India – OPG Power Ventures

Following a financial clemin of a year like 2011, it's good to take a little time out to define at least one non-negotiable. A given. Something you can hang your hat on moving forward. Here's a starter for ten. India will consume all of the energy it produces in 2012. India's energy gap is not breaking news. For a country with a population only second to China's - 1,170 billion compared to China's 1,338 billion in 2010 - and an enviable recent record of economic growth, India's energy consumption figures compared to that of its northern neighbour, provide a glimpse of...

Sale – OPG Power Ventures

It's been a busy fortnight and it ain't over yet. On Tuesday we sold off our entire holding of OPG Power Ventures for 68 pence a share after buying in at 66 pence a share in April. With the meagre profit, we covered our dealing costs. Mid to long term I have no doubt that the imbalance in supply and demand of Indian electricity will see OPG Power Ventures forge ahead but for the time being at least we have a couple of other more speculative plays for our coin. Sometimes investing is like that. You've got to shuffle limited funds to...

Purchase – OPG Power Ventures

Late last week we added OPG Power Ventures to the Investor Trader Radar with the view of dipping our toe in the under-supplied Indian power market. As it panned out we were pretty quick on the draw, picking up 1,598 shares at 66 pence a share for a total outlay of £1,054.68 after selling off our remaining Eros International holdings and a little Renesola last Thursday. We see a massive potential for growth with OPG and following a dip from their 90+ pence high late last year, now seemed as good a time as any to take the plunge....

Sale – A Little Renesola

Eros International wasn't the only holding to get a trim following our decision to add OPG Power Ventures to the Investor Trader Radar. For those of you that have followed Investor Trader over the journey you'll know that we often buy and sell a little Renesola on the dips and peaks. And although we believe Rensola's current surge toward £2 still has a ways to travel, we sold 292 shares for £1.90 for a total return of £554.40. We were averaged into Renesola at £1.12, so our 292 shares netted a total profit of £227.76 and we're still holding 1,400 into the bargain....

Sale – Eros International

After adding OPG Power Ventures to the Investor Trader Radar we decided it was time to raise a little capital to facilitate a purchase. We settled on liduidating the remaining tranche of our EROS International holdings for no better reason than we needed the dinero. We were averaged into Eros International (EROS.L) at 105 pence and sold out at 165 pence turning a £180 profit on the final 300 shares we held. We'll be keeping an eye on Eros with the view of buying back on a dip if the opportunity arises....

On the Radar – OPG Power Ventures

After keeping a sneaky eye on OPG Power Ventures for the past few months, I've decided to to take the plunge and add it to the Investor Trader Radar. OPG was set up in 2008 to develop, own and manage power generation facilities in India based on a prevailing and an expected electricity demand and supply imbalance in the country over the coming years. To that end OPG have slowly but surely been building a decent head of steam. Modest beginnings saw a 19.4MW power plant come online early in Tamil Nadu, followed by a smaller 10MW plant in Chennai last...

Sale – Lyxor ETF India

Today we sold our holding of 100 shares of Lyxor ETF India (the fund that tracks the S&P CNX NIFTY Index - the nifty fifty - the leading index for large companies on the National Stock Exchange of India) for £5.88 a share for a total return £588. Our original purchase of 100 shares was made on the 17th June 2009 for £5.6999 a share for a total outlay of £569.99. Our return before costs, a whopping 18 quid. There's been no change in our position on India - we're still very bullish in the short term through the long but with...

On the Radar – Lyxor ETF India

I've long been bullish on the Indian economy and have watched it's emergence as a burgeoning economic power with genuine interest over the past decade. Now, it's time to put my money where my mouth is and what better way, than with an Exchange Traded Fund (ETF). Exchange Traded Funds are index-linked funds that are tradeable just like normal equities. Their aim, simple, to closely replicate an Index or selection of equities. So I guess you can see where I'm going with this. The Lyxor ETF India does exactly what it says on the tin. The Index it is replicating? The S&P...

Purchase – Eros International

Last week we added Eros International - a producer and distributor of Bollywood films - to the Investor Trader radar. After a little homework we liked what we saw and came to the conclusion that a billion plus Indians can't be wrong. So we ended taking the dip and buying a handful of Eros International (533 shares at £1.05 for an outlay of £559.65)....

On the Radar – Eros International

On a tip from a visitor (thanks Jon), we've taken a closer look at Eros International PLC - a market-leading Indian film producer and distributor that have been in the game since 1977. Without going into numbers, their 2008 annual report made very interesting reading and although things have changed since then, their business mix caters well for those tightening their purse strings - during recessions you may swap your visits to the cinema for a night in with a DVD - either way Eros has both of those markets covered. Eros has built a successful business model by combining the release...