Green Equities is a new website setting out to provide a forum on all ASX listed green investments. We have been invited to provide summaries of some of our investments for this website. So far we have provided details on Energy Action (ASX: EAX) and Tassal Group (ASX: TGR).
The change in fortunes for green equities hinted at previously is gathering pace. For the September Quarter 2012, the Australian CleanTech index was up 8.3%, compared to the ASX All Ordinaries index, which was up 6.6%. (In that period, the August Investments portfolio grew by 8.4%. This was achieved from… read more →
There are many vested interests which do not want the extent of climate change acknowledged. In our opinion this is holding up investment in the many sustainable energy opportunities available to Australian Investors. It would seem that some type of circuit breaker is needed to turn the public debate –… read more →
The 2012 Annual Report has been sent to shareholders. It can be viewed here. The AGM will be held on Thursday 27 September at 3:00pm.
The 2011/12 company annual results are currently being released. Small adjustments are being made to our holdings. The main changes so far are: Energy Action continues to impress. Profit is up 6% and Cash Flow is up 43%. Even more shares have been purchased in this company at $1.95. Bendigo… read more →
A number of small adjustments were made to our investment portfolio in July. Based on expected profit results for 2011/12, additional shares have been purchased in Energy Action and M2 Telecommunications. After the disappointing results from our recent research into geothermal explorers, we sold all our holdings in Greenearth Energy,… read more →
A newsletter has been sent to Shareholders. The main article is an overview of Australian listed geothermal exploration companies.
In June we considered Carbon Conscious Ltd to be “excellent value at current prices”. However, the company has just issued convertible notes and options to a “sophisticated investor’ on generous terms which will dilute the number of shares by 13% and possibly puts a cap on the share price of… read more →
The valuation of our shares as at 30 June 2012 has been added to the Valuation page. Eco Investor magazine has commented on the June 2012 valuation: “August Investments has released its June quarter valuation, which shows that it has sold its holdings in Energy Developments and Lynas Corporation, along… read more →
At the Australian Ethical shareholder meeting last night the dissident shareholders were unsuccessful in replacing the existing board of the company. We have grave concerns about the ongoing viability of the company based on the current marketing policy and sales practices. We are also seeing high expenses and declining income.… read more →