Posts Tagged ‘Clipper Windpower’

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 GreenMomentum.com:

The administration of energy in China is finalizing plans to increase production and promotion of biodiesel, including requiring a new 5% biodiesel mix. The new measure is being considered for next year in Beijing, Shanghai and Guangzhou.

Lloyds Bank had a strong day finishing at 83.33 pence, up 5.34 pence (6.85%) on the back of a Nomura upgrade to buy from reduce.

West China Cement added a further 6.83% today, continuing it’s meteoric month – we bought WCC.L at £1.70 less than two weeks ago and it’s now trading at £2.60. May have to look seriously at some re-shuffling of funds as I see a huge potential upside to West China Cement in the coming months.

Other winners (from our portfolio) on the day included Eros International, Clipper Windpower, Ceramic Fuel Cells and Low Carbon Accelerator.

Thanks again for dropping by.

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 and running – would have halved in a month.

So it was with a little trepidation that I left for 10 days in Lapland (in a log cabin sans Internet), all investments intact.

Thankfully, despite a generally sombre mood in the markets, our little portfolio had some winners (and losers) over the week and a half I’ve been away. No harm, no foul!

Climate Exchange led the list of winners with a dramatic rise from the 650 pence mark to today’s closing high at 918.50 on the back of takeover rumours based on a U.S. Climate bill which may eventually stoke major investment in the environmental sector. The kind of news that makes me smile for so many reasons :-)

Eros International – our Indian film producer and distributor – has continued its ascent, though at a slowing rate over the past week and a half. Since our initial purchase four weeks back, Eros has returned an all signing and dancing 25% on our initial investment.

Renesola has fallen off a little over 10% in the past week and a half but after it’s meteoric rise early in the month, it was almost to be expected. The slide justifies my profit taking at points north of two quid a couple of weeks back. I’ll be looking to top up on Renesola again if it falls back to around the 150 pence mark.

Clipper Windpower has been on a slow slip since doubling its price in May. No big concern here, no news, small volumes and AIM shares will tend to do this from time to time.

Lloyds seems to bouncing along sideways in a range of between 65 and 75 pence as it continues its restructuring plans.

Low Carbon Accelerator, Ceramic Fuel Cells and Cosalt have all drifted south on little volume and no news.

So all in all nothing too unexpected although I’ve got to admit to just a handful of nerves when I logged on earlier today.

Thanks again for stopping by. As always, your comments are appreciated.

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 our little FOREX run on the British Pound, Aussie Dollar pair has come back a little, but we’re still to the good 127 pips on two quid a pip as I type.

Thanks again for stopping by.

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, it traded above that mark all day, surging as the markets opened in New York. Taking a closer look at the three month chart for Renesola you’ll notice it has nudged above the 5, 10 and 26 day Exponential Moving Average (EMA) lines and is closing in on the 200 day EMA. All strong signs but I’ll be very interested to see what happens on Wednesday.

Clipper Windpower ended the day slightly down, Ceramic Fuel Cells and Climate Exchange oh so very slightly up.

Low Carbon Accelerator took a 6% whack but making up less than 9% of our portfolio, the impact was minimal.

So after a £440 pound appreciation this week already, I say, bring on Wednesday.

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 portfolio adds a zero to that appreciation and all of sudden our target seems all the more attainable.

Now to the nuts of bolts of Monday 1st June 2009.

On a percentage scale our latest acquisition – Ceramic Fuel Cells – led the way. The hugely volatile of late, Melbourne-based, alternative energy products manufacturer finished north 17% on the day, after pinging about between 6.5 and 12.5 pence for the past week and a half. No doubt there’s been some profit taking after a lean 2009 but today’s return to form, confirms there’s still some value to be had. This time two years ago Ceramic Fuel Cells was bopping along happily up around the 50 pence mark so while it’s a bumpy ride, we’ll hang in there for a while.

ReneSola and Low Carbon Accelerator both chimed in with decent 6% gains, whilst we fell off 2.5% on Clipper Windpower.

Now onto Tuesday, stringing consecutive good days together is what this game is all about.


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Disclaimer: Investor Trader is the blog of a single, personal investor. The owner of this blog is not a citizen of the United Kingdom nor is he based in the United Kingdom and the blog is not hosted in the United Kingdom. The owner has never received any form of compensation for providing investment recommendations and has never in the past been employed in any capacity where he has provided investment recommendations. Investor Trader does not make investment recommendations and no information displayed on its pages should be considered as investment advice. Nothing on Investor Trader should be interpreted as a recommendation or solicitation to buy or sell any securities or investments. All trades are first reported on Investor Trader at least a day or two after the fact (but more often a week or two), never live. Investor Trader is here to journal my attempts to make a few quid from the markets and possibly to entertain you a little into the bargain. Please, please, please, do your own piles of research and if you want good investment advice go out and find someone who does this sort of thing for a living (i.e. not me). Most of my investment decisions are based on gut feelings, hearsay, unfounded rumour and whether or not I like the cut of a company logo. You've been warned!
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