This months focus is on the "energy" field.
ITM Power: This is a British manufacturer of polymer electrolyte membrane electrolyzers for hydrogen production via electro-chemical splitting of water into hydrogen and oxygen. The hydrogen produced via electrolysis is used for power-to-x, storage, decarbonizing industrial uses, and hydrogen for fuel cell products. ("phew, that was a mouthful")!
We've done well with this share showing a 76% profit. The company recently stated that with its joint venture ITM Linde Electrolysis, they have “the building blocks in place to make the most of the opportunities presented by global decarbonisation”.
Surface Transforms: Another British company which has performed well for us. It is the developer and manufacturer of carbon ceramic products for the brakes market. The principal activity of the Company is to design, manufacture and sell carbon fiber components. This is one of our newer shares and we are already seeing a profit of over 50% helped by a Rights issue in which we gained an extra 141 shares.
BHP: A brilliant recovery from their lows in March 2020.
Profits are up to 7 year high, leading to a record dividend payout to shareholders. If iron and copper prices hold, the company have muted there may be another payout in the summer. We are showing a 66% profit in BHP.
AB Dynamics: Until this week we were in profit in this share. They were recently awarded a contract by European Commission Centre to supply equipment for Motor Vehicle Safety Compliance and experiments testing. Value of contract over £2 million. It has had a very small "blip" but we are confident of a return to the black!
Invinity Energy Systems: An energy share that has not performed well. It was created by merger of two companies Avalon Battery and redTenergy. They manufacture large scale energy storage systems for business and industry known as Vanadium Flow Batteries. We are showing a 50% loss at the moment but are holding on for the time being.
Simec Atlantis Energy: Although showing a 50% loss, they have recently installed tidal turbine and generation equipment in Japan which is already operational. Holding for the moment.
OTHER SHARES:
Our two new shares purchased in January are performiing well.
Agronomics is already showing a 19% profit
Sylvania Platimum a 5% profit.
See last months blog to read about these shares.
Tristel: A company we bought into at the beginning of the pandemic. We have a very modest holding but it is showing a profit of 29%
Dechra: Showing a profit of 22%
Genus: One of our star shares is showing a profit of 234%
Halma: Showing a profit of 39%
All of the above shares have been featured in our blogs over the past year.
DECISIONS:
We are soon to receive the payout of our investment in Codemasters which has been bought by an American company.
We have a total of 26 shares in our portfolio, only 6 of which are showing a loss. This is quite a large number of shares for an investment club of only 9 members and it was decided to hold off buying any new shares for the time being. Next month we will discuss adding to some of our existing shares.
Keep those spirits up and hopefully, with the continued vaccination programme, we can look forward to some relaxation of our lockdown rules.
DISCLAIMER
The China Dolls is a group of private individuals who meet regularly to discuss investment strategy and make investments based on the collective opinion of the the group.
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The content of this blog is not to be considered an inducement to trade as we trade and is offered for illustrative purposes only.
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