ZMM - ZIMI Limited

purple · 27 July 2007

here's the big one - even good ol' China is jumping on the Wind bandwagon!!

http://www.chinaventurenews.com/50226711/china_high_speed_ipo_wind_power_wins_big.php

China High Speed (ticker 0658 : HK) traded to 130% increase from its opening IPO price within weeks…

China High Speed is the largest manufacturer of wind power transmission gears in the country and has about a 90% market share in the industry (GE is a substantial shareholder).

(I own a small parcel of that China High Speed stock)

purple · 27 July 2007

ok, to round off my post, here's charts of Wind power companies...note Vestas and Gamesa, European wind power companies, largest companies in the world.

Other companies are either producing power direct or producing parts linked to wind power.

purple · 27 July 2007

Here's the chart for Vesta...exceeded my limit of 5 uploads for the previous post.

I'm not sure why Americas wind is trending downwards...some comapny problem I suppose. But with the 2 largest wind companies in the world trending upwards, I feel that's a good vouch for the strength of the industry.

Haven't included Alstom nor GE as they are too diversified and are not pure wind plays.

purple · 27 July 2007

And to answer your question, hold for long term?

If allotted, I would definitely hold to year end when Elections will hot up the debate on environmental issues...

I would sell if there's a profit I guess!!

My bet is that it'll perform well short term, and maybe a bit longer cause the environmental debate isn't going to die down.

purple · 28 July 2007

and here's a chart of 0658:HK - China High Speed Transmission Equipment, maker of wind turbine parts...exemplifies the fact that the Chinese are now onto renewables as well.

Smurf1976 · 29 July 2007

Generally speaking, I'm rather wary of anyone claiming to have patented some renewable energy technology or system.

The idea of a wind hydrogen system isn't new and indeed there are others who also hold patents for relevant technology. Also there's the point that most renewable energy stuff isn't that complex technically so there's generally a way around any patent issues. There are exceptions of course. :2twocents

Ageo · 30 July 2007

Hi guys, i told my broker to put aside 10,000 shares for me with this 1. With all the hype on green power it should attract the buyers and a nice open. I always close my position once it opens on the float day for IPO's, if you look on the stats of IPOs over the years you will notice more open higher than lower. www.investsmart.com.au for all your IPO info

The last few that have floated have been some real nice ones (IPO's under 50c). Let see if the trend can continue

purple · 30 July 2007

Well I must admit that I'm buying on the hype too.

And the fact that wind energy is relatively young in Australia, and has plenty of potential to develop as groups everywhere are crying out for governments to turn green.

purple · 30 July 2007

One more chart guys...while we sit out this "correction"...
This one is our local wind power stock BBW....home grown power!

purple · 30 July 2007

ok...i've posted about 7 charts on wind power companies the world over...

anyone who hasn't memorized their doji's and candlesticks can still see that wind power stocks increase in value and are profitable.

(i've only memorized one japanese word, and that's Marubozu, after seeing china High Speed!!)

I'm waiting for news on my application. if I don't get any WHN, then I'll turn sour grapes and start to downramp this stock...

nah, just joking.

Ageo · 30 July 2007

purple said:
ok...i've posted about 7 charts on wind power companies the world over...

anyone who hasn't memorized their doji's and candlesticks can still see that wind power stocks increase in value and are profitable.

(i've only memorized one japanese word, and that's Marubozu, after seeing china High Speed!!)

I'm waiting for news on my application. if I don't get any WHN, then I'll turn sour grapes and start to downramp this stock... nah, just joking.

Purple the best way to get into IPO's is through a recognised broker that gets a fair amount of allotments. I use Macquarie and they usually get most of them and a fair amount of share allotment. All i need to do is tell my broker i want X amount of shares and have the money in my account. Thats it

purple · 30 July 2007

Ageo,

if you don't mind...what are the fees that Macquarie charge?

I only use online brokerage at the moment...Commsec and Etrade.

Ageo · 31 July 2007

purple said:
Ageo,

if you don't mind...what are the fees that Macquarie charge?

I only use online brokerage at the moment...Commsec and Etrade.

Purple as you would know there is no charge on buying shares in floats. But when you sell its $100 or 1% (whichever is greater). I know it sounds a bit but im paying for gaining access to good IPO's down the track.

purple · 2 August 2007

Thanks Ageo...tha'ts about 2x the price of Commsec but worth it if you can get hold of the IPOs.

what's a couple of tens if you rake in a couple of thousands.

will check up macquarie in a while...getting IPOS are good cos it is picking the bottom!

Ageo · 2 August 2007

purple said:
Thanks Ageo...tha'ts about 2x the price of Commsec but worth it if you can get hold of the IPOs.

what's a couple of tens if you rake in a couple of thousands.

will check up macquarie in a while...getting IPOS are good cos it is picking the bottom!

Purple thats right, paying for access and other goodies makes it worth it.

And as for IPO's are picking the bottom well that can ring true but think of it like this......

On the market if a company has an influx of buying what normally happens with the price? It usually tends to go up

Now with an IPO, they raise an X amount of funds so by the time they hit the market unless they have poor management or there funds are going to poor things like paying off debt. Then there is usually a good chance of it opening above its list price. (Backdated this to yr 2000).

Many other factors come into it, but just stick with the important factors (that seem to you).

purple · 3 August 2007

yeah, agree with you there Ageo.

the Australian IPO market seems a bit more rational towards their fundamentals.

fundamentals of the China IPO market that I trade in seems to be a bit lost...companies that I haven't put much hope on have performed fantastically while the ones I do research on and back with bigger aplications just flail around limply.

anyawy, back to the issue at hand, yes, I'd agree that the 'nasty' bit of raising money is already behind them and the open day is looked at with optimism.

well, here's hoping that this little wind energy IPO will find a gusty ol' gale of support on 10th Aug when it opens.

purple · 10 August 2007

Listing held back. date of listing 'to be advised'.

Good move. a listing now in this kind of weather would be paramount to suicide.

Ageo · 11 August 2007

purple said:
Listing held back. date of listing 'to be advised'.

Good move. a listing now in this kind of weather would be paramount to suicide.

hehe thats what my broker told me as the market is choppy. But have a look at CUR (hit 400% on the 1st day, yesterday). You never know what will happen in the end (only have 1s that are in your favour).

Although i was still happy it held off, no news on when it will list thow

purple · 11 August 2007

Ageo said:
hehe thats what my broker told me as the market is choppy. But have a look at CUR (hit 400% on the 1st day, yesterday). You never know what will happen in the end (only have 1s that are in your favour).

Although i was still happy it held off, no news on when it will list thow

i had a look at CUR, and yes, it was amazing given the current market. which makes me think, it's either investors are still strongly bullish while the market is down or IPOs are really cheap buys.

Ageo · 11 August 2007

purple said:
i had a look at CUR, and yes, it was amazing given the current market. which makes me think, it's either investors are still strongly bullish while the market is down or IPOs are really cheap buys.

I think it depends on the fundamentals of the company and the people that invest in it.

IPO's can be great, but sometimes horrible and thats why i always split my bank accross different companies.

ZMM - ZIMI Limited

purple

purple

Attachments

purple

Attachments

purple

purple

Attachments

Smurf1976

Ageo

purple

purple

Attachments

purple

Ageo

purple

Ageo

purple

Ageo

purple

purple

Ageo

purple

Ageo

Connect with us