This morning I topped up my SIPP shares in CWR:Ceres Power Holdings purchasing 11,456 at 5.4295p costing £633.95. These added to my existing shares leaving me with a total of 24,927 at an average of 5.52p costing £1,398.93. Naturally they dropped 2.3% and are losing me £114.
I'm very excited about this company's product. Imagine every gas boiler including a Ceres power pack, generating electricity as it generates heat. Imagine multiple power packs powering office blocks with their own gas generators, or as part of the heating system. Imagine hydrogen-fueled electric cars without the need for huge batteries. Imagine small, clean local power stations producing efficient electricity from gas without the need for cooling towers and excess water consumption.
Of course I could be completely wrong and it may never get anywhere, but collaborating with the likes of British Gas and Honda could make some of this a reality, so I want to be along for the ride.
This purchase took the combined portfolio cost past £44K, so it's time for another "Woohoo!!"
Is it my imagination, or do the Woohoos seem to be getting more frequent?
It wasn't a great day for the portfolio. Things were looking like they were heading for a break-even, but TND:Tandem Group posted a pretty luke-warm trading statement which caused the share price to plunge 26.8% to a thumping great loss of £407.53. Very disappointing given that they still turned in a profit. The Star Wars franchise did make them money, but the bike department did rubbish.
Meanwhile LOOK:Lookers published a great set of accounts, but still dropped by a penny a share.
Yesterday's gains were all undone, so after 3 of the 5 days this week things are a bit flat. At least there were some teensy gains for the house builders rather than the usual drop and TRX:Tissue Regenix woke up to climb 4.7% after being asleep for ages.
No more money to spend now - boo hiss...
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