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Purchase – Alecto Energy

The fundamental change in our portfolio mix continues. With the recent sale of all our Renesola, Clipper Windpower and OPG Power Ventures holdings and what for us is a fairly heavy (in terms of portfolio percentage) investment in Berkeley Mineral Resources, we've taken a leap into more speculative mineral waters. Ouch! Sorry, do pardon the pun. Well, that's a subjective call I guess. What's speculative to some is rock solid to others. Many would argue that the labels: solar (Renesola), wind-power (Clipper) and India (OPG) in terms of investment have speculation written all over them. My personal investment philosophy though sees no...

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...

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...

Selling a Few Clipper Windpower

The last couple of weeks has seen a little turnaround in the fortunes of our - predominantly - small capped portfolio. The recent rise and rise of the FTSE seems to indicate that there's still faith in the market in general so maybe it's a case of people taking from AIM to invest in the main board. Whatever the case, we've decided to pocket a little profit from our Clipper Windpower holdings for no other reason than when things get a little jittery it's nice to take a little profit here and there. We bought into Clipper Windpower back in May '09...

Day 107 – Portfolio Value £8,261 Up £160 On The Day

So after taking a bit of breather in June and July, the UK markets seem to have returned to their northward trajectory in the past month or so dragging our little green portfolio with it. Germany and France today announced GDP growth in the previous quarter indicating rosier times ahead and  the US Reserve held interest rates leading many pundits to speculate whether things aren't as bad across the pond as was held as consensus. I guess time will tell, but for the moment at least, there seems to be at least a little elbow-room for optimism. Clipper Windpower today announced that: two...

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,...

Month 2 Summary – Portfolio Value £7,240

Last October I spent 30 days on a freighter ship as a passenger travelling from Melbourne, Australia to La Spezia in Italy. One whole month without Internet, with only the most fundamental of financial headlines via a copy of the ship's faxed daily world news summary from its head office. Despite 48 hours of fearing for my life rounding the Gulf of Aden, that trip was one of the best financial decisions I've made. Why? Because in September I took my trading account flat. By the time I arrived on the Italian coast my portfolio - had it been up...

Day 50 – Portfolio Value £7,459 Down £320 On The Day

Thud! That's the sound of the bottom falling out of our portfolio. There's going to be days like that but you've got to remain philosophical. As long as the good days outnumber the bad days, we'll get there in the end. I'm just not sure where there is! Clipper Windpower came back 6% on news and no volume after trading in the smallest of ranges for the past month whilst ReneSola gave up almost three quarters of yesterdays gains. The fun continues. On the plus side of the ledger, Melbourne-based Ceramic Fuel Cells finished in positive territory to the tune of 6.5% and...

Day 35 – Portfolio Value £6,289 Up £165 On The Day

After a mixed day for our little, green share portfolio, ReneSola shoved us into positive territory with a 7% gain, busting a little resistance on the way. As the heftiest share in our portfolio - on current weighting it makes up 56% of our holdings - any movements in ReneSola's share price has a substantial effect on where we end the day. After exploring 140 pence yesterday, today was always going to be a test for ReneSola as it has run into resistance repeatedly at this mark over the past three months. Not only did it open above 140 pence this morning,...

Day 34 – Portfolio Value £6,185 Up £276 On The Day

Now that's the sort of day we'd like to see more often. In fact, to show you what we're up against here with our far-fetched Investor Trader challenge, if, for the remaining 1,791 days of our project, our portfolio were to appreciate by £276 (as it has today), we'd amass a further £494,316. Add that to our current portfolio value of £6,185 brings us in at £500,501. Roughly speaking, half way. But, I'm a hopeless optimist and where there's the power of multiples, I'll remain that way. If we can appreciate £276 in a day on a £6,000 portfolio, then a £60,000...

Wind Farms – A Breath of Fresh Air

Today marked the opening of Europe's largest wind farm on Eaglesham Moor in Scotland, not far from Glasgow. The Whitelee Wind Farm has 140 turbines (each 110 metres high) and the potential to generate enough electricity to power 180,000 homes. As I type this, our Clipper Windpower holdings are up 5.7% on the day. Check out more information from the Daily Telegraph and get an aerial tour of the site over at BBC....

Day 17 – Portfolio Value £5,017 Up £74 On The Day

On a lacklustre Friday, when the FTSE finished down 14 points, our little green-based portfolio made modest gains. Low Carbon Accelerator, Climate Exchange and Clipper Windpower all made gains of between 2% and 4%, whilst our portfolio heavyweight, Renesola did little on modest volume finishing down 0.25 pence....