Go Hanwei go!

Hanwei Energy Services (HE) is up up up! Not that I stop believing in Hanwei, but it was a lovely surprise to see its value rise to 1.71$.

I cannot access my broker account at this time, but from what I remember, I had purchased 300 units of HE at the price of 2$ or so per unit. And of course, this investment – like other that I have – made me lost some money! Now, HE is at 1.70$ - which is extraordinary. I might even be able to make money from this investment one day. And one day, Hanwei Energy Services could even begin to distribute dividends to its shareholders. Maybe in a close future.

I really like Hanwei Energy Services and I believe it have good potential to grow over time. Hanwei is a BUY and HOLD forever lol!

Why? Hanwei has present in emerging markets, more especially in China and the company promote green energy. And this might be one of the reasons why Hanwei price had been rising lately. Among their activity, Hanwei deliver Wind turbines and had growing business opportunities in Asia. Hanwei is also having interests in coal power, among other.

I am looking forward to see the price rising in the upcoming weeks.

$$$

I finally start to earn good money from my investment. The stocks I purchased yesterday are going up up up. I purchase Bank of Scotia Bank at 44.82$ and now each stock worth 49.40$... Which mean I made 458$ from that investment. I never earn that much, and so quickly, from other investments of my whole life.

And the Hanwei Energy Services (HE) stocks are going up to at 2.20$. I made 15$ from the investment, as originally I purchase the stocks at 2.15$.

Just from yesterday, I made a total of 473$!

WOW!.... Especially that the HE was a wild pick... As I had some money left. I pick the stock in a special edition of a magazine about finance that I don't remember the title. So I "try" to do my search and beginning to think for myself and I came with a list of stocks that eventually provide a good return only if chance is by my side. They are:

BRC DiamondCore Ltd (BCD-T)
Highest: 4.74$
Lowest: 0.70$

This stock look like it's been closed or something. The stocks remain at 60 cents and no trade had been done on it yesterday. I don't know the reason of this.

Chariot Resources Limited (CHD-T)
Highest: 1.32$
Lowest: 0.46$
But I find CHD-T a bit too volatile.....


Antrim Energy Inc. (AEN-T)
Highest: 7.49$
Lowest: 2.10$


Lundin Mining Corporation (LUN-T)
Highest: 13.97$
Lowest: 4.53$


Western Goldfieds Inc. (WGI-T)
Highest: 4.13$
Lowest: 1.59$


And, the current pick:
Hanwei Energy Services Corp. (HE-T)
Highest: 6.29$
Lowest: 2.08$


All data provide below should be modify, as its common from me to make mistakes.....

And for those stocks below, I didn't proceed with any intensive research, just a bit of reading over the Internet and it's about it. Anyway, I like Hanwei, once again for the name, it's sound a bit like Hawaii and it's exotic. That's why I pick it.

I really need that 473$ right now because my famous BN are now down to 0.04 cents, I am still loosing with Sprott Asset Management, TIM, and not to talk about my mutual funds. It's a disaster.

As for my loan I made from my credit line, if I calculate the right way, I will be able to refund within 2 months. I plan to transfer the rate with one a check I had from one of my credit card. I can get the rate of less than 3%, rather than 18% of my credit line. If I calculate right, 18%, for 2 months, make a total of more than 100$ on 4300$... which I could even believe but I guess its what it is. And I don't care if it will affect my credit score. It's really too bad I don't had more money from my own to invest in stocks.

Bank of Nova Scotia and Hanwei Energy Services

I maybe did a wrong move, but I take 4 300$ from my credit line to purchase stocks... I now had 100 stocks of Bank of Nova Scotia (BNS) that I purchase at the price of 44.82$. Since I had some money left, I take the chance on Hanwei Energy Services Corp. (HE), for 300 stocks at 2.15$....

I won't do any more for a couple of weeks, as I want to pay off as quickly as possible and I will possibly pay it off within 6 weeks. I took a look at my investments, SII, TIM and other, and they all go up, so I just hope that it will turn for the best. It's a good thing I invest in Bank of Nova Scotia, it will provide some stability to my portfolio.

There was the TD Canada Trust stocks that were at 59$, but I wasn't having enough to purchase even 100 stocks. Below that, the fees are higher.

I am all happy with my move and I will work hard in the next few weeks to pay it all.