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.
jimmy b
- 13 Jul 2005 12:24
- 9 of 56
Chad thanks i will try and email them.. Quantum Leap are at
P.O.Box 1638 London W8 4QR ..and you can phone them 0207 937 7879..or fax
0207 937 7364....
moneyplus
- 13 Jul 2005 14:52
- 10 of 56
I posted on this around 21st june as I was told to buy by a fund manager--I stupidly didn't and now think I've missed the boat!! good prospects though,
Tech
- 17 Jul 2005 12:31
- 11 of 56
Very nice full page write up about the business in todays Sunday Telegraph.
goldfinger
- 25 Jul 2005 13:52
- 12 of 56
Joined you guys in this one, it really could be massive and a world leader.
Just seen the profit forecasts for 2006 of 38millin Euros on 73million Euro sales. Some will say its got away but I dont really think it as and the business should grow at a real pace from here.
cheers GF.
porky
- 25 Jul 2005 14:04
- 13 of 56
Hi GF.
I too like this share a lot, and tried to buy a few last week but was unsuccessful.
The reason being that as my online broker is now Squaregain, and they do not deal in this share because it`s not settled through the Crest System.
So I`m stuffed.
Regards.
goldfinger
- 26 Jul 2005 12:56
- 14 of 56
Hi porky,
thats a shame. Anyway in general with a lot of the market today seems to be profit taking going on.
cheers GF.
goldfinger
- 26 Jul 2005 23:01
- 15 of 56
On Growthh Company investor tonight.
XL TechGroup - SPECULATIVE BUY
Companies: XLT
20/07/2005
This is one of the burgeoning horde of financial entities on AIM focused on creating new ventures out of innovative ideas and technology. Many of these are following sector leader IP2IPOs approach and trying to commercialise university research. XL Tech is more keenly focused on a commercial outcome. Indeed, American founder and chief executive John Scott claims his team have a 12-year track record of creating companies of a significant size. His aim is to look at particular markets, assess the needs of that market and then find a technology solution to meet that chosen need. He then aims to float the most promising ventures with a valuation of $400m, or 250m. Scott managed to convince enough investors to raise 20m net at 150p at flotation last November. Since then, the spin-out of AgCert onto the main market has justified their faith in the concept. This provider of carbon emissions credits from burning off methane obtained from agricultural waste has gone to a premium since flotation and gives XL Techs 27% stake a value of about 100m. Two more companies are being lined up for similar treatment as well: non-toxic pesticide developer Tyratech, whose natural plant oil product has been shown to be effective against most household insects; and rapid diagnostics concern DxTech. The group has also unveiled a strategic relationship with major consumer goods producer Proctor & Gamble. At the current level, XL Tech is worth 173m. Strip out the 100m AgCert stake and 15m cash and the rest of the group is worth 58m, making the shares worth a speculation.
cheers GF.
goldfinger
- 26 Jul 2005 23:23
- 16 of 56
Ive received a copy of Sharewatch today and they really are going ballistic about this one..........
They say AGCERT- - one to put the crown jewels into.
- We think Agcert shares will go much higher, perhaphs several fold higher, as investors realise how strong this business is going to become. (they bought at 170p)
- Agcert is already the largest producer of Carbon Credits and there is no other significant competition.
- Were sticking our neck out but think Agcert will become a FTSE- 250 constituent at some point in the future.ENDS.
cheers GF.
goldfinger
- 27 Jul 2005 12:48
- 17 of 56
Nobody interested. Youl be sorry.
cheers GF.
chad
- 27 Jul 2005 13:05
- 18 of 56
Out of interest GF, have you bought into XL Tech too, if you dont mind me asking?
Tech
- 27 Jul 2005 13:46
- 19 of 56
You have to be patient with this one, has had a good rise recently after some good buying. Also expected to be a FT250 company soon.
moneyplus
- 27 Jul 2005 17:27
- 20 of 56
managed to pick up a few today-through Hoodless Brennan telephone dealing only--if anyone else wants to join in. I was told to buy these back in early June as the city boys like them--better late than not at all as I agree they will be worth holding IMO.
goldfinger
- 19 Sep 2005 23:35
- 21 of 56
At last this ones coming to life.
cheers GF.
queen1
- 17 Oct 2006 10:49
- 22 of 56
This is a very quiet thread. As there anybody still out there?
queen1
- 30 Oct 2006 19:36
- 23 of 56
Carbon credits back in the news. Is today the start of a concerted push north for the AGC share price?
hlyeo98
- 09 Nov 2006 17:48
- 24 of 56
looks like it's on the way down - another Shares magazine recommendation.
hlyeo98
- 09 Nov 2006 17:48
- 25 of 56
queen1
- 09 Nov 2006 19:40
- 26 of 56
So what's caused the big drop in price today then?
hlyeo98
- 02 Feb 2007 13:56
- 27 of 56
Agcert shares tumble after broker note
Tue Jan 30, 2007 9:51 AM GMT
LONDON (Reuters) - Greenhouse gas reduction firm Agcert International had more than 20 percent wiped off its shares on Tuesday after its price target was slashed to 70p from 270p in a broker note by Morgan Stanley.
The note downgraded Dublin-based Agcert to "underweight" from "overweight". Agcert gives farms technology to cut pollution and sells the resulting saved carbon emission reduction (CER) credits to companies that need them.
"We expect higher losses in the short term, lower structural profitability of the business and a lower option value than previously envisaged," said Morgan Stanley analyst Luciano Diana in a note.
Shares in Agcert fell 20.2 percent to 98-1/2p by 9:28 a.m., valuing the company around 166 million pounds.
The price target had been cut because of lower sales and earnings estimates, the note said.
The note reduced the number of carbon emission reduction credits it expects Agcert will create to 4,000 per site from 5,500 per site, based on recently available information.
Agcert said earlier this month it had finalised the first part of its planned 70-million-euro debt funding programme.
It also said a 14 million euro (9 million pound) bridging loan had been advanced by two of its major shareholders to be repaid by the end of March.
AgCert said in December it was aiming to raise money to finance further investment, with the aim of becoming cash flow positive by the end of 2007.
hlyeo98
- 08 Feb 2007 23:38
- 28 of 56
Heading to 70p tomorrow