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Agcert- Cashing in on the carbon credit crunch (AGC)     

chad - 12 Jul 2005 13:43

Agcert is the offspring of XL Techgroup, a development capital group with an impressive track record. Its principle business is the development of biodigesters that help to reduce methane emissions - one of the principle contributors to global warming - on livestock farms. Farmers and companies in the EU are coming under increasing pressure to reduce greenhouse gas emissions and Agcert is perfectly placed to capitalise on this. Although a new company, it already has contracts of Eu74 million, including some heavyweights like BHP Billiton and Nuon. The beauty of Agcert's business is that, along with the initial sale of the equipment to reduce carbon emissions, every sale secures for Agcert a revenue stream as Agcert sells-on the carbon credits produced and takes a percentage as commission. With gross margins of 70% plus, Agcert is not a share to miss out on in todays world.

Cheers, DYOR.

G D Potts - 04 Dec 2007 16:25 - 55 of 56

Well its certainly not going to recover now.
If you're interested in the market queen then I sugges Econergy (ECG), a much safer and soon to be profitable business backed by actual ownership of renewable projects . It also trades CER's but is not dependant on them, see the thread

hlyeo98 - 04 Apr 2008 10:35 - 56 of 56

This is the end of AGC, queen1...


AgCert says listing cancelled at its request - AFX

LONDON (Thomson Financial) - AgCert International Plc. said its shares have been cancelled from the Official List of the London Stock Exchange at its request, because its appointed examiner has concluded a continued listing could jeopardise the proposals being prepared to help the company resolve its obligations and maintain an ongoing business.

The company said there is no prospect it will be able to operate a viable business should the proposals not be approved by all parties and successfully implemented.

Shares in the emission reductions trader were suspended on Feb. 21 after AgCert said it had been unable to reach agreement with all creditors and customers on the renegotiation of contracts.

AgCert at that time said it would file a petition for examinership in Ireland, whereby the company is put under under the protection of the High Court while a court-appointed examiner formulates a scheme of arrangement with its creditors and members, allowing the business to continue running.

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