Tracking

Friday 4 February 2011

Alternative Energy Ltd

I bought into Alternative Energy Ltd  ALR yesterday at $0.0638. This is a Singapore company that produce and sells alternative energy products http://www.alternativenergy.com.sg/home.aspx It is relatively new and has recently signed up new agents in the UK and Nigeria to sell its products. I rang their London office and spoke to Richard Lascelles to get a better feel of the company and was pleased that I had done so. They will be publishing their year end results at the end of February so I will be looking forward to seeing whether the sp moves. I am looking to hold until $0.20 so we will have to see.

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