» Market Movements
-
Entertainment One Moves to London’s Main BoardBack in Mid May of this year – following a prompt from an Investor Trader reader – we took up a speculative tranche of Entertainment One (ETO.L). Entertainment One is a leading independent entertainment group, with diversified operations incorporating film, television and music across five territories (UK, Canada, US, Holland, Belgium). We liked what we’d heard so we did a little...
-
Renesola and Happenings in GreeceThere’s no doubting anyone holding any sort of UK based portfolio over the past week or two has felt the pinch of what’s been happening in Greece. I, like many, are hoping it’s no more than a blip – albeit a pretty big blip for those on the ground – and with solutions being touted as I type, the markets will rebound in the coming days and weeks. Now hindsight is a won...
-
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...
-
Not Up, Not Down, Just SidewaysIt seems as though our portfolio has been hovering in a range just above or below 10K for months now. In reality, it’s probably been closer to a few weeks but after the meteoric rise of our – small caps dominated – portfolio in the preceding four months, expectations have been high. But sideways isn’t a bad thing, especially when you see dips as potential entry points. Rene...
-
Sale – ReneSola (just a little)If you’ve been following my posts of late (especially the daily updates) you will have noticed ReneSola has been rallying a fair bit in the past week. So when it poked it’s head above 170 pence today it was just too inviting not to take a little profit. So, we sold 337 shares at £1.7225 for a return of £580.44. We still hold 2,000 shares in ReneSola at an average price of £1.0450, s...
-
Small Company SharewatchI’ve just this week signed up for Small Company Sharewatch. After years of uhmmming and ahhhing, I bit the bullet and boy am I glad that I did. Now, I am in no way involved with or affiliated with Small Company Sharewatch, so my views are totally my own and not tainted by the almighty penny. As the name suggests, Small Company Sharewatch aren’t on the lookout for bargains to be had wit...
-
Day 23 – Portfolio Value £5,040 Down £420 On ...Red, red, red, our little green portfolio is redder than a sunburnt communist – finishing the day down £420. And speaking of sun, it’s ReneSola, our Chinese solar panel manufacturer that is the main protagonist, finishing down a hefty 14.75 pence (11.5%) on the day after releasing it’s first quarter results. Nothing too startling amongst them and I notice Renesola’s New Yo...
-
Day 16 – Portfolio Value £4,927 Up £21 On The...Now lets be up front here, Tuesday and Wedneday were bad days! Our portfolio haemorrhaged capital value (between you and I we dropped a casual £693.43) but I put it down to a simple case of market correction. After the rollercoaster ride of the past fortnight, today we returned to an iota of normality. The FTSE finished slightly higher, as did our portfolio, £20.68 to the good. Across the board...
-
On the Move – Clipper WindpowerWhether it was down to an inspired piece of investment research or unashamed blind luck, Friday’s purchase of Clipper Windpower paid off almost immediately as the share finished 24% up on the day on the back of no news and only slightly higher than average volumes. I’m pretty sure it was the latter. But something is afoot, there’s a breeze a blowin’ and Clipper is in as goo...






