Monthly Archives: September 2010

Ten Clean Energy Stocks for 2010: Third Quarter Update

Tom Konrad CFA I like to think that one of the things that distinguishes me from the mass of investment bloggers and newsletter writers is that I write about my mistakes, as well as my great calls.  This is not just a service to readers, but a service to myself.  Overconfidence and why I write about my mistakes One of the most pernicious cognitive errors common among stock market investors arises from our wish to see ourselves as great investors.  One of the ways we accomplish that goal is to selectively and unconsciously self-edit our...

ELBC 2010 – Automakers Discuss Their Battery Requirements For Stop-Start Systems

John Petersen Last week I spent three days at the 11th European Lead Battery Conference in Istanbul where I learned that I've been far too conservative in earlier articles that discuss the likely impact of stop-start idle elimination systems on the battery sector. To put things in perspective, the 10th ELBC in 2008 had 500 participants and two papers on stop-start systems. The 11th ELBC in Istanbul had 700 participants and 15 papers on stop-start, including three from major automakers. The stop-start papers took a full day of the 2-1/2 day conference program. The high-level overview...

Cleantech Stimulus Still Not Stimulating

David Gold The stimulus bill along with the $31B cleantech element focused on grants and loan guarantees through the Department of Energy was passed into law over 18 months ago.  About a year ago I wrote about how the cleantech stimulus was not very stimulating to our economy. I suggested at that time that the goals of stimulus and of long-term investment are largely incompatible, and the evidence is bearing that out.  At the time, I felt like a bit of an outcast for having such a critical view and yet being an ardent supporter of clean technologies...

Will Rare Earths Cripple the Green Economy? Part 3

Eamon Keane This is Part Three of a three part series based on a rare earth elements (REE) review which is available for download at slideshare, where references can be viewed. Part 1 is an introduction to REEs. Part 2 analyzes REE consumption and refining and Part 3 looks at how REEs might affect the green economy. There have been several forecasts made for future demand. Approximate data was derived from Byron Capital Market’s own estimate and the data contained in Oakdene Hollins’ May 2010 report “Lanthanide Resources and Alternatives” for others . Figure...

Will Rare Earths Cripple the Green Economy? Part 2

Eamon Keane Rare Earths 2 Eamon Keane This is Part Two of a three part series based on a rare earth elements (REE) review which is available for download at slideshare, where references can be viewed.  Part 1 is an introduction to REEs. Part 2 analyzes REE consumption and refining and Part 3 looks at how REEs might affect the green economy.  So where do all those REEs go? Figure 8 shows the estimated flows for 2008 . Although Chinese consumption is shown as 60%, this is only for the...

Will Rare Earths Cripple the Green Economy? Part 1

Eamon Keane Rare Earth Elements Eamon Keane This is Part One of a three part series based on a rare earth elements (REE) review which is available for download at slideshare, where references can be viewed. Part 1 is an introduction to REEs. Part 2 analyzes REE consumption and refining and Part 3 looks at how REEs might affect the green economy.  Rare earths captured the popular imagination a year or two ago. Since then a bonfire of reports, presentations and analyses have been published, with many generating more consulting fees...

Alice In EVland; Six Impossible Things

John Petersen Many of my regular readers know I'm a working securities lawyer, a humble scrivener who writes reams of deathless prose that private companies use to raise money from investors, and public companies file with the SEC in the form of registration and proxy statements, and annual, quarterly and current reports. I've spent a couple years as an oil company executive and a few more as board chairman of an advanced lead-acid battery technology developer. The balance of my 30-year career has been devoted to natural resource and technology-based businesses that needed somebody elses' money to pursue...

The Best Peak Oil Investments: Pure-Play Mass Transit Suppliers

Tom Konrad CFA I'm attempting to bring this series on peak oil stocks to a conclusion in which I can choose five stocks that should benefit from rising oil prices.  One sector I feel should be represented is suppliers to mass transit companies, but I only looked at the percentage of revenues coming from mass transit and rail when I brought you my list of nine mass transit stocks.  From that list, the following companies get substantially all their revenues from mass transit, passenger rail, or rail freight: New Flyer Industries (NFYIF.PK/NFI-UN.TO), is the largest manufacturer...

Kandi Technologies (KNDI) Stock Valuation

Part IV - KNDI's Stock Valuation Arthur Porcari. This is the last installment in a four-part series on Kandi Technologies (KNDI).  Part I was an introduction, Part II took a look at Kandi's Business, and Part III looked at the company's financial condition. What’s With The Stock Price? KNDI, like most US traded China stocks is currently trading approximately 50% below its January high for the year, and 60% below its 2008 all time high. Unlike most, it's numbers are growing dramatically. Perhaps not too a-symptomatic when one considers how little Wall Street knows about this...

Kandi Technologies (KNDI) Financial Condition

Part III - Financial Condition Arthur Porcari. This is part three of a four-part series on Kandi Technologies (KNDI).  Part I was an introduction, Part II took a look at Kandi's Business, and Part IV will look at the company's stock price, forecast and bottom line. KNDI recently completed another excellent quarter with an 80% Year Over Year Increase in Revenues and 425% Gain in Net Income. For the six months, Revenues grew 91.5% to $18,166,224 and Net income advanced 383.5% from $(356,525) in the first half last year to $1,010,782. Full year 2009 results...

Kandi Technologies (KNDI): The Business

Part II - The Business Arthur Porcari. This is part two of a four-part series on Kandi Technologies (KNDI).  Part I was an introduction, and Part III and Part IV will look at the company's financial condition and stock price, respectively. Kandi was founded by its effectively sole controlling shareholder Hu Xiaoming in late 2002 in Jinhua City, Zhezjiang Province, PRC as a prolific developer and manufacturer of two, three and four wheeled gas powered, mainly off road, recreational vehicles exclusively for the US export market. By 2007 KNDI rose to the status of being...

Why Wait For Tesla Or, A Better Place? Kandi Technologies is Already a Profitable...

Part I Arthur Porcari. Ever hear of China based NASDAQ listed Kandi Technologies (KNDI)? If you haven't, you're not alone. No financial writers, no analysts, and no significant institutions or funds are interested.  But they should be.  This series will go into the reasons why. In part II, we'll look at the company's business and history : Kandi is already selling EV mini-cars by the thousands.   Kandi landed a joint venture with three multi-billion dollar Companies for quick-change battery charging, with the first stations opening in November. Owns a mortgage free modern ten...

The Cruel Realities of EV Range

John Petersen An English proverb teaches us to hope for the best but plan for the worst. With the imminent introduction of a variety of plug-in vehicles that will begin hitting showroom floors in the next few months, the phobia du jour is range anxiety, an entirely rational terror that an EV will get you to your destination in eco-chic style but only get you home with the help of a tow-truck. Sadly, most people who extol the virtues of electric drive are incurable optimists that have little or no regard for the risks inherent in complex systems...

The Best Peak Oil Investments: Accell and Six Other Bicycle Stocks

Tom Konrad CFA This article gathers all the bicycle and e-bike stocks I've found in one place, and takes a look at a recent find: Accell Group (ACCEL.AS). When I first became interested in alternative transportation as a peak-oil investing theme in late 2007, I was frustrated at my inability to find very many good alternative transportation stocks: The list of bike stocks I found was already very out-of date, and the lists of rail transit and bus companies I found did not distinguish between publicly traded companies I could invest in, and private companies I could...

The Best Peak Oil Investments: Three Mass Transit Operators

Tom Konrad, CFA Government budgets are putting pressure on mass transit operators, but the best public companies are likely to benefit from the trend. Three recent Economist articles led me to question my assumption that rising oil prices should be good for mass transit operators.  In the August 19th edition, there was an article about mass transit service cuts in Atlanta, as well as one about the likelihood of rising rail fares in Britain.  In crisis, there is also opportunity.  Reading beyond the gloomy headline of the Atlanta article, it becomes clear that the...

The Best Peak Oil Investments: PTRP – Powershares Global Progressive Transport Portfolio

Tom Konrad CFA Many investors find the prospect of selecting individual stocks simply too daunting.  For those investors interested in investing in peak oil, but uncomfortable with the risks and moral dilemmas inherent in oil company stocks, there is another option: Powershares Global Progressive Transportation Portfolio (PTRP).  I've been researching and writing this series about investments that will benefit from peak oil for half a year.  If you've read the 20+ articles in the series so far, you've learned about several stocks that should be well positioned to benefit from rising oil prices, and you should...