G D Potts
- 04 Aug 2006 13:39
Just thought I would start a general thread on Alternative Energy considering that it is and will no doubt be a boom market in the not to distant future.
Whether its a fuel cell, wind power, wave power or Biofuels company, (The List goes On), share your thoughts and suggestions.
I think that Symphony PLastics (SYM) are a great buy at the moment, D1 Oils/GTL Oils and possibly Voller Energy and ITM Power at their bargain prices.
G D Potts
- 16 Aug 2006 16:39
- 14 of 16
Soul, your raise good points about the heavy market cap of ITM and the little money it has to justify that, however, I believe this is a common case throughout the entire sector. There is a few exceptions, namely Voller who look cheap when rated to cash in the bank etc, but for most of the sector the hefty premium on the price is due to the technology. In ITM's case their fuel cells have mass makret potential and when it comes to the techonolgy like that, IMO, the market place huge premiums on the share pirce. I also think that quite a few major dealers, cant quite remember who, bought large stakes in ITM a few months ago at over 3 which lends support to my 'Bargain' proposal. CWR have I think maintained their share price because they are backed by major players - and at such an uncertain time in the market Investors are fleeing for relative safety with Ceres.
I hope you find that answer reasonable. Just going to take a look at OXN.
Bristlelad I started a thread on REH a few months back, I think the company has solid prospects but not for a considerable time, 4 - 6 years IMO, before they are actually recognised and the share price rockets. I have had several flings with their shares and none have paid off but maybe Im misplaced in that opinion.
G D Potts
- 13 Oct 2006 11:18
- 16 of 16
Symphony machining their way foward - ITM starting a nice little rise to.