Australian peak oil related investments.

solarpoweredlasers · Tar Sands Joined: Oct 24, 2007 Posts: 35

I've been doing ok this year on the asx focussing on oil and alternative energy stocks (about 50% return). I thought this would be a good place to discuss any PO related investments people are making atm share market or otherwise.

Geothermal:
GDY has given me 19% this year

Wave/Desalination
CNM is around 130% this year

Solar
DYE made me around 35% before I sold and bought back in at 1.38 for a current 5% loss but overall gain.

Oil
CVN is doing really well at about 75% in the last 4 months.
BPT which i bought on the first major sub prime related dip i've got 34% on

My next purchases besides accumulating more of the above will probably be EMR (oil) at 11c although i'll have to hold for at least 6 months to see any decent return, maybe URO which is indian geothermal at 18c, PCL which is more long term oil at 4c and ARQ who have incredible acreage in the Canning Basin at 1.40.
Will finally get around to picking up some gold stocks too.

What is everyone else doing - any leads?

solarpoweredlasers · Tar Sands Joined: Oct 24, 2007 Posts: 35

oo CVN went up 20% today before closing 15% up Smile

solarpoweredlasers · Tar Sands Joined: Oct 24, 2007 Posts: 35

CNM has doubled since i mentioned it on the 12th Smile

dust_farmer

you trading or investing?

I'm sitting on my hands until the correction comes.

solarpoweredlasers · Tar Sands Joined: Oct 24, 2007 Posts: 35

dust_farmer

I've never seen the attraction of gold but if it works for you go for it. I'll never get in to trading as I'm to risk adverse, besides I like real assets - Agricultural Land.
If you can grab hold of mondays australian (31/12/2007) and look at page 26 in the pure speculation colomn by robin bromby. It just about covers all the main points of whats happening except PO. The second paragraph just about says it all "considering all the carnage now being unleashed, the forecasts remain suprisingly calm" Now if newspaper reporters can see there are problems around then the problems must be due.
I actually do want a major correction as I want to buy in to energy as in the long term it will be such a money spinner.

solarpoweredlasers · Tar Sands Joined: Oct 24, 2007 Posts: 35

dust_farmer · Last edited by dust_farmer on Mon Jan 21, 2008 9:13 pm; edited 1 time in total

EMR definietly falls into the high risk / reward catagory but in the long term I think those companys that have producing assets may be ones to buy.

Decent farm land is not going to get any cheaper as there has been some major changes in demand in the last few weeks as a big monster has jumped on to the scene in the last few weeks. A company called Glencore based in switzerland has started advertizing to lease land on the west coast and mid/upper north here in south australia and they want land. They are looking at 100,000 acres on the west coast as well as another 100,000 in the mid/upper north and that is just going to throw a solid floor under land prices. I also believe they are looking for land in other states as well.

solarpoweredlasers · Tar Sands Joined: Oct 24, 2007 Posts: 35

I wrote a long reply last night but the bloody forum ate it.
Bit of a shitty day today, good time to buy some with solid fundamentals.. only real question is whether you can get them cheaper tomorrow or the next day Wink

Bleck.. lost a fair bit of profit but i'm long on most stuff so until I start losing actual money i'm not really worried. I bought more CVN today.. probably could get a better price tomorrow but not too worried. Their oil isn't going anywhere.

dust_farmer

thinking of buying some woodside or maybe some electisity generator company of some decription in the near future but I don't think there is any reason to rush as all the stock markets are going down at the moment and when they stop falling it's going to be a slow climb back up.
It's almost funny watching the sharemarket at the moment as I deal with sheep and cattle every day and the share market just looks like another bunch of herd animals at the moment. By that I mean passive leaders and active followers. everyone are watching every one else and following their lead, and no one thinking for them selves.

solarpoweredlasers · Tar Sands Joined: Oct 24, 2007 Posts: 35

solarpoweredlasers · Tar Sands Joined: Oct 24, 2007 Posts: 35

solarpoweredlasers · Tar Sands Joined: Oct 24, 2007 Posts: 35

kiwichick

this may be of interest BLG bluglass

Micki