Further to our earlier post, the interest in renewable energy investments is intensifying. In particular, share prices have risen significantly for Genex Power (ASX: GNX), Infigen Energy (IFN) and Blueglass (BLG). All helps keep the portfolio up in there difficult times.
We are selling on strength, still expecting a market downturn very soon. We have sold/reduced holdings in Tassal (ASX: TGR), Ingenia Communities (INA), Capilano Honey (CZZ), Vmoto (VMT), Hansen Technologies (HSN), and Technology One (TNE). This is not to say most of these are not good companies – they just… read more →
There have been quite a few positive moves in the renewable energy sector over the last few months. Some are: Wave energy developer Carnegie Wave (ASC: CWE) has projects on the boil in the UK and Mauritius, where they are integrating wave energy into a revamped micro-grid for the island.… read more →
Over-fishing in the open seas prompted the development of sustainable solution in fish farming. This was seen as a great move for the marine environment. Fast forward to today and problems are emerging with salmon aquaculture in Tasmania. After setting up these operations on a sustainable basis, the owners found… read more →
We are concerned that markets in Asia (Australia included) and Europe have entered ‘crash’ territory; so far the US markets have held back – just. Values are in constant decline, even our own investments. Do we stand firm as the avalanche approaches, or do we join the mob? We are… read more →
We now assess the likelihood of significant declines in equity ASX prices as high. Based on this we have sold some shares to bring them into line with their value allocation and sold all of others deemed too risky to hold. Some of our shares in Blackmores, Carbon Conscious, Capilano… read more →
Australian Ethical Investments (ASX: AEF) has foreshadowed a profit increase for the December half year between $1.45M and $1.75M. This is an increase of approximately 180% on the previous year. After the fall in profit for the 2015 FY, this increase takes the company’s profit back up to the record… read more →
The Australian Renewable Energy Authority has contributed $4 million towards the plans of Genex Power (ASX: GNX) to convert an abandoned Queensland gold mine into one of Australia’s largest solar and pumped hydroelectric storage plants. The first such large scale pumped storage project since the Snowy River Scheme, two disused… read more →
We just reinvest in Carbon Conscious (ASX: CCF) (see previous post) when they announce that they are moving into high intensity dairy production in Western Australia. The milk will be sold into the Chinese market. While this move cashes in on the mania for anything associated with the words “food”… read more →
December Eco Investor magazine has an article by our Managing Director examining Australian Ethical Investments Ltd (ASX: AEF) as a value investment, despite large increases in the share price. A complimentary read is available here.