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The aim of this newsletter
is to complement the news-based website, with a primary
focus on price-based information over the previous
week and to advise of forthcoming company announcements
(see bottom) and IPOs.
Winners
and losers: November 2nd
2007 - January 4th 2008
THE WINNERS
1.
Solarfun
Power Holdings +180.69%
On
January 3rd, Solarfun announced a
new CEO - Henricus Johannes Petrus "Harold"
Hoskens - and a
$230 m wafer supply contract with a major Korean
conglomerate. On the 5th December, Good Energies increased
its shareholding in the company to 34.7%.
2.
CO2
Group +173.44%
The
CO2 Group - based in Australia - plants mallee eucalyts
for the purpose of generating carbon credits. Since
the election of a new government under Kevin Rudd
on November 24th, Australia moved fast to ratify the
Kyoto Treaty on December 12th. This was clearly a
boost to the CO2 Group.
3.
Electro
Energy +142.86%
On
December 11th Electro Energy announced that it
had completed an $18m private placement with Quercus
Trust Investment. Today it was released that the Department
of Energy would fund EE to the tune of $1m
over 2008 for further research and development into
plug-in hybrid electric vehicle battery development.
4.
Carnegie Corp +122.22%
Carnegie
is another Australian company boosted in no small
way by the change of government and policy under Prime
Minister Kevin Rudd and was indeed the top performing
alternative energy stock in 2007. It's USPs are the
CETO wave device and its 100% owned clean coal technology.
5.
Canadian
Solar Inc. +119.86%
On
14th
November, Canadian Solar announced unaudited preliminary
Q3 results five times greater than Q3 in 2006 and
an anticipated doubling in net revenue in 2008 to
$650-750 m from $285-295 m in 2007. Later in the month,
they secured
25 MW of solar cell supplies for 2008 from China Sunergy.
THE
LOSERS
1.
Agcert
International
-89.73%
Agcert
has been trying to turn the corner for some time by
finding a new investor, but on December
3rd announced that it is no longer in negotiations
with a major European trading company.
2.
Australian
Renewable Fuels
-71.63%
ARF
has been suffering more than most biofuel producers
from the 50% increase in feedstock costs, infrastructure
investment demands from petroleum producers and unfavourable
changes to Australia's biodiesel tax credit program.
Subsequently, they closed their American division
but are now looking to open a new biodiesel facility
in the States in 2008.
3.
Australian
Biodiesel Group
-57.14%
Like
ARF, ABG has suffered for similar reasons like rising
feedstock costs and regulatory uncertainty. Continuous
biodiesel production was suspended
at the start of November 2007.
4.
Quantum
Technologies
-50.01%
On
the 28th
December, QT (aka Quantum Fuel Systems
Technologies World Wide) received a
notice from the Nasdaq Stock Market that their common
stock price closed below the minimum $1.00 per share
requirement for continued listing for the 30th day
in a row. The company has to regain compliance with
the minimum bid price by June 25th 2008 or be delisted.
5.
Powerfilm
Solar
-47.69%
Powerfilm
announced on 11th
December, that production delays caused total
production volume to be less than intended which will
reduce sales to a minimum of 8 mln usd for the full
year and also result in 2008's revenues being about
20-25 % below expectations.
___________________________________________________________
FORTHCOMING
COMPANY DATES & IPOS
COMPANY - Effective
Dates (mm/dd/yyyy) - Corporate
Action
SUZLON
ENERGY 01/21/2008
- 5
FOR 1 STOCK SPLIT
XETHANOL
CORP 01/22/2008
- ANNUAL
SHAREHOLDER MEETING
BALLARD
POWER SYSTEMS 01/25/2008
- EXTRAORDINARY
SHAREHOLDER MEETING
KUALA
LUMPUR KEPONG 02/19/2008
- CASH
DIVIDEND
_______________________________________________
FORTHCOMING INITIAL PUBLIC
OFFERINGS
EOLIA RENOVABLES - Q1 2008
OCEANLINX
- 2008
FALCK RENEWABLES
- On the horizon
EVERQ
- On the horizon
_______________________________________________
Questions, comments?
Please send an email to
dan@altenergyinvestor.org
Dan Lewis, Editor. | 