We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Agcert Regs | LSE:AGC | London | Ordinary Share | IE00B0764647 | ORD EUR0.0001(REGS) |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.65 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 0.65 | GBX |
Agcert Regs (AGC) Share Charts1 Year Agcert Regs Chart |
|
1 Month Agcert Regs Chart |
Intraday Agcert Regs Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 27/1/2017 | 11:52 | Ariane Gold | 2 |
| 14/11/2008 | 18:00 | THE GREAT AGCERT FIASCO: | 10 |
| 11/5/2008 | 16:12 | Agcert - **Attention children** This is carbon emissions trading | 603 |
| 03/12/2007 | 17:16 | Agcert with Charts | 268 |
| 12/7/2007 | 11:47 | AgCert - Carbon Trading Emissions & Greenhouse Gas | 179 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 15/5/2008 13:31 by fingolfin Apologies - I posted the rns from 17th of jan 2007, I meant to post the following one insteadShare price movement RNS Number:3777Q AgCert International PLC 30 January 2007 AgCert International Plc The Board of AgCert International Plc notes the movement in the company's share price today. The Board confirms that there is no operational reason to explain the share price movement and reaffirms its expectations contained in the trading update released on December 21 2006. For 2007 the company expects to see an incremental increase in the run-rate capacity of 5 million CERs. The forward run-rate at the end of 2007 will therefore be an annualised 8 million CERs. In 2008 the company intends to create a further 5 million CERs so that at the end of 2008 the company will have a productive forward run-rate of an annualised 13 million CERs. At the time of the trading update the company referred to an efficiency run rate of 50%. The implementation of new processes continues to positively impact output levels so that on a like-for-like basis operating levels are at 60% efficiency. The company will release full year figures for the year to end 31 December 2006 on 26 March 2007. |
Posted at 15/5/2008 11:23 by fingolfin I sympathise smcl. I also am a victim here who bought 10000 euros worth at 212p and another 4000 euros worth at 160p. I now have zilchBUT WHAT REALLY SICKENED ME ABOUT THIS COMPANY WAS THE FOLLOWING RNS IN JAN 2007 WHICH STATED THAT EVERYTHING WAS GOING ACCORDING TO PLAN AND THAT THERE WAS NO OPERATIONAL REASON FOR THE FALL IN SHARE PRICE. HOWEVER A MONTH LATER WE WERE TOLD THAT THEY HAD COMPLETELY CHANGED THEIR OPERATIONS (WHICH AS IT TRANSPIRED WERE DUE TO PROBLEMS WHICH THEY ALREADY KNEW ABOUT) HOWEVER THE FULL DETAILS OF THESE PROBLEMS WERE ONLY RELEASED TO SHAREHOLDERS IN APRIL (FINAL RESULTS see quote below) AFTER THE SHARE PRICE HAD BEEN DECIMATED IN OTHER WORDS THEY TOLD SHAREHOLDERS COMPLETE LIES. "2006 was a challenging year for AgCert. Operational and strategic accomplishments have been over-shadowed by the Company's shortfall in achieving its planned Offset production volumes. Consequently, AgCert has restructured and reduced its Offset delivery obligations, albeit at a significant cost, instituted a number of operational improvements, raised capital and embarked on several new strategies to secure Offsets in the future more efficiently and with less capital intensity." Production Update RNS Number:6483P AgCert International PLC 17 January 2007 AgCert International plc AgCert Issued 118,560 CERs The management of AgCert International plc ("AgCert") is pleased to confirm that 118, 560 Certified Emission Reductions ("CERs") have been approved and issued by the United Nations' appointed CDM Executive Board. This represents the first commercial quantity issued to AgCert. Bill Haskell, CEO AgCert, commented: "We are delighted to have achieved another of our strategic milestones, in the process adding further validation to our business model. We are confident that now that the procedures have been established, momentum will continue to pick-up through 2007 and beyond. We expect further CER issuances in due course." Company Update RNS Number:6639R AgCert International PLC 22 February 2007 AgCert International Plc Company Update The Board of AgCert announces that, having conducted an operational and financial review of its business, it is finalising a revised strategy that requires significantly less funding to meet our expectations for the delivery of CERs. It is anticipated that the more efficient strategy will require funding of between Euro40M to Euro50M. The Board will provide a further update when it announces results for the year ended 31 December 2006. |
Posted at 21/2/2008 16:59 by smcl XL TechGroup, Inc.("XL TechGroup" or "the Company") XL TechGroup enters into loan note agreement with Laurus and receives US$9.9 million cash in AgCert related transactions XL TechGroup (AIM: XLT), the creator of companies that solve identified, global unmet market needs, advises that in order to facilitate negotiations between AgCert International plc ("AgCert") and its creditors, it has entered into a loan note agreement with Laurus Master Fund Ltd. ("Laurus") under which XL TechGroup has agreed to pay US$17.8 million plus interest to Laurus in May 2009. In return, XL TechGroup has received US$9.9 million in cash from one of AgCert's creditors. The new loan note carries a current interest rate of 10% and, consistent with previous borrowings from Laurus, is secured against the general assets of XL TechGroup. The effect of this agreement has been to remove a matching amount of debt owed to Laurus by AgCert from the latter's balance sheet, to add US$9.9 million in cash to XL TechGroup's balance sheet (in addition to the US$11.4 million cash that the Company started 2008 with), and to leave XL TechGroup with a balancing US$7.9 million participation right from an AgCert creditor under the original debt owed by AgCert, which remains secured. XL TechGroup's previous commitment to provide a loan of up to Euro5 million to AgCert in the second quarter of 2008 no longer exists and has been replaced by the secured participation right for a similar amount. The intent of this agreement was to simplify AgCert's relationships with its senior creditors, resulting in AgCert having only one secured creditor, thereby enabling AgCert to attempt to negotiate directly with its other creditors and customers. However, despite extensive negotiations, AgCert has been unable to reach agreement with all its creditors and customers regarding the renegotiation of contracts, and has today proposed to file a petition for examinership in Ireland. This entails a process whereby AgCert is put under the protection of the High Court in Ireland with a view to allowing a court appointed examiner to formulate and put forward for approval a scheme of arrangement with its creditors and members. The objective in petitioning for examinership is to address AgCert's obligations while maintaining an ongoing business. This action by AgCert has no impact on any XL TechGroup borrowing covenants. John Scott, CEO of XL TechGroup, commented: "We directly involved ourselves in AgCert's negotiations with its creditors at the end of 2007, with the single aim of looking to maximise value for all of AgCert's shareholders. It is therefore disappointing that they have not yet reached an agreement with all their creditors and customers. However, there is now only one secured creditor and this gives us reason to continue to be optimistic that an AgCert business with value will be preserved, whether through the examinership process or otherwise." Ends - For further information: XL TechGroup Inc. John Scott / Harold Gubnitsky Tel: +1 321 409 7403 hgubnitsky@xltg.com Chris Munden, Director of Investor Relations Tel: +44 (0) 20 7398 7720 cmunden@xltg.com www.xltechgroup.com Nomura Code Securities Chris Collins, Corporate Finance Tel: +44 (0) 20 7776 1200 Richard Potts, Corporate Finance www.nomuracode.com XL TechGroup media enquiries: Abchurch Communications Heather Salmond / Gareth Mead Tel: +44 (0) 20 7398 7700 heather.salmond@abch NOTES TO EDITORS About XL TechGroup XL TechGroup is in the business of significant value creation. Working with major international corporate and technology partners such as Procter & Gamble and leading universities, XL TechGroup first identifies global unmet market needs and then targets and exploits these by the systematic creation of successful, disruptive technology businesses. These new companies are built from scratch, and are then managed, developed and funded by XL TechGroup through to the point of a trade sale or a stock market listing. XL TechGroup's unique and proven methodology selects the best opportunities in order to create one-to-two new companies annually, where each company is expected to achieve a realisable valuation of at least US$400 million within four years from its creation. It is XL TechGroup's aim to deliver significant shareholder distributions at the final exit from each company or from other liquidity events. XL TechGroup's companies to date are: PETROALGAE LLC (WWW.PETROALGAE.COM) TYRATECH INC. (AIM: TYR, WWW.TYRATECH.COM) DXTECH LLC (WWW.DXTECH.COM) QUONOVA LLC (WWW.QUONOVA.COM) AGCERT INTERNATIONAL PLC (LSE: AGC, WWW.AGCERT.COM) XL TechGroup has also established GenXL LLC as a joint venture to capture the value of those prospects that do not fully meet XL TechGroup's US$400 million, four year criteria but still demonstrate considerable potential worth. Over and above XL TechGroup's core business model, GenXL is reviewing a significant flow of opportunities from both XL TechGroup and GEN3 in order to generate new companies, standalone product lines and technology licensing opportunities or an appropriate mix of these. For further information, see www.xltechgroup.com. This information is provided by RNS The company news service from the London Stock Exchange |
Posted at 24/1/2008 09:51 by sand frog Kemche, they are showing big trading losses and have had to re finance in order to move forwards, another cut and paste below put shows that their last cash raising was done at a 22x times premium to the current share price ) Debt rescheduling The Company has agreed to repay a convertible loan note originally issued to Laurus Master Fund Ltd, which was due to May 2008. The Laurus note was replaced with a new note to certain affiliates of Laurus due half in March and half in May 2009. In addition, the Company has also agreed to a further credit facility of US$7 million, draw down being subject to certain conditions. The loans will be secured and are convertible into equity at a price of #0.255, a premium to the average closing price of the Company's shares for the five business days prior to this announcement trading levels. In addition, there will be warrant covering 150% of the total investment amount, being the principal of both the original and the new loans, two thirds of which are exercisable at a price of #0.255 and one third at #0.40. The repayment is subject to shareholder approval and finalisation of the transaction with the Trading Counterparty mentioned below. They have Euros 27 mill in the bank , debt approx 18 mill. And are facing fines (big ones) if they do not get their delivery quotas fullfilled, it all hinges on this...In reality its early days a young company that since the IPO has burnt mega cah and made little, the question is do you or i or the mkt now think this is a turnaround or an insolvency situation. Its dicey but any positive news re deliverys and the share price will transform.. I genuinely believe in todays political environment AGC will survive, if they were making baked beans no way, but their not its the hot topic on all governmental agendas...And to be seen to be being pro active means brownie points..... AGC will pull through.. |
Posted at 05/12/2007 11:01 by silkcut5 IF YOUR UNSURE ABOUT WHAT AGC DO PLEASE SEE BELOW.About AgCert AgCert, headquartered in Dublin, Ireland, was founded in 2002 for the specific purpose of generating large scale greenhouse gas (GHG) emission reductions. AgCert's proprietary systems and processes include a United Nations-approved methodology for the reduction of GHG emissions from modified animal waste management systems. The ratification of the Kyoto Protocol has created demand for certified emission reductions (CERs). The purchase of CERs enables GHG emitters, including countries and commercial entities such as power generators, to keep their emissions within limits determined as part of the Kyoto Protocol and the European Union Emissions Trading Scheme (EU ETS). AgCert's ability to aggregate large volumes of CERs has given the company early strategic advantages in the rapidly evolving GHG emission trading markets. AgCert is developing agriculture's unique potential for providing CERs to the market. Agriculture is responsible for around 20 per cent of the world's annual greenhouse gas emissions. AgCert expects to be a leading supplier of CERs from this sector. AgCert has commenced CDM greenhouse gas emissions reduction activities in Brazil, Mexico, Argentina and Chile, and intends to extend emissions reduction activities into additional countries |
Posted at 12/11/2007 17:21 by utwiq I suppose I'm breaking my own rule by posting here, but... (if I understand your post correctly) how do you make NAV three times MCap and cash twice MCap? That is not cash net of debt I presume as the company raised funds partly by way of what was then a dilutive share issue (and now looks wildly expensive!) and partly by way of expensive debt. If you're right and you are effectively buying discounted cash then fantastic. But I'd be surprised.I can understand you averaging down when it is 6p rather than 100p, but it's not a good plan in general in my view. That is, you should be buying more just because it's cheap and you want as much as you can get not because the price is now lower and you want to lower the price at which you can exit gracefully. That way is costly. Not sure I agree with your assumptions re failure to report material changes. First, and probably most importantly, the company was in pretty awful shape at the last reported results (in my view). The strategy had failed and they were flailing about for alternatives (consulting...). So the absence of news saying disaster has struck does not mean all is well. Second, these guys have form. Specifically, their business model had failed (per the Merril Lynch analyst, who did know his stuff) and they didn't tell the market. When finally pushed, by a rapid share price collapse (from 150p to 100p) they said, fear not there is no operational reason for the share price movement. Except there was. And then in the next results they pulled a blinder, announcing the abandonment of the previous direction and a new strategy. None of this is new to you I know. Indeed, you may have better information (re cash, debt, etc.). So it may be worth buying a stake at this depressed level. But apart from the cash shell possibilities, there have been no signs, in my view, that this company is worth owning. It looked like a failed business a ways back. The collapse from 45p (last results, when I sold) to 6.5p just seems to indicate that a lot of other investors agree. I'm sceptical of letting share price movements convince one of the value of an investment (the two are largely unrelated), but certainly here it indicats poor sentiment. |
Posted at 29/10/2007 15:09 by utwiq Well, I still haven't had an answer to anything I said earlier in the month.I said thid on 1 Oct: Explain to me please why this company is worth even £25m. I bought in at 100p and again at 80p before selling (in disgust and anger) at 45p after the results earlier in the year when, after explicitly saying that there was no operational reason for the fall from 160p (wrong, they were not getting the results needed and the business model was totally flawed), they came out and said "and now we shall totally change our approach and become consultants". Perhaps they have some marketable expertise in the sector. Perhaps. But they are virtually asset free and so I think it is no surprise that this is slumping towards zero. A pity (I didn't relish my 50% loss, but I'm very glad I took it!) as I'm quite keen on AGC's parent, XLT, but I'm waiting for the implosion here to lower the share price there. And I have to say that the woeful performance of this company does make me look less favourably on the XLT Group as a whole... And then on 2 Oct: charlie - I think you're right re XLT's continued support for AGC, they felt bound to support it (perhaps in part to ensure that the Tyratech float went ahead without AGC putting off investors?) but are keen to minimse continued involvement and exposure. Hence their own presentations predict only a modest contribution from AGC to overall NAV, and that may itself be an exaggeration. To be fair, however, the private group funding AGC and XLT do seem to be willing to take AGC stock (from XLT) as interest payment. So maybe they are a little keener on AGC's prospects than are we. Having said that, this may be the consequence of XLT having signed a shrewd agreement back when AGC looked good... I may be being much too harsh on managment (especially of XLT; that of AGC, well... I am still quite put out!). Sometimes business models fail, especially when you are applying new technology in the real world, with the overlay of a complicated and uncertain regulatory environment. I'd be interested to hear from any present holders of the stock to understand the present investing logic. Trading is a different matter. Maybe they will pull back from this. Certainly on MCap alone they are one of the cheaper carbon trading outfits. But then they don't have the assets (cash or carbon) that others have. |
Posted at 05/9/2007 11:46 by cyclingnut Old news but it seems the analysts do not like Agcert!!28.04.07: an article in the Times reports: AgCert International rose 5p to 52.5p after raising GBP20 million through a 40p share placing to fund a fresh strategy, which will turn it into a consultancy rather than an operator. Analysts at KBC Peel Hunt pointed out that the group had cut production capacity by nearly two thirds, yet had sold forward twice as many certificates as it could currently deliver. 'The risks are substantial and the value hard to gauge, but we do not see value in the equity even to justify the placing price,' the broker said. 13-03-2007 13.03.07: +0, (76.5) an article in the Guardian reports: XL TechGroup rose 1p to 211p following Friday's approach for AgCert which, is believed to be from US utility AES Corporation. AES already has a joint venture with AgCert and has said it will invest up to $1bn (GBP517m) in renewable energy. Charles Stanley analysts reckon a bid for AgCert could come in at around 135p a share. XL has a 23% stake in AgCert, which would give it a windfall of about GBP50m, enabling it to pay off all its debt and have about GBP26m of free cash. The broker published a strong buy recommendation on XL with a 300p price target by December. 30-01-2007 30.01.07 :downgraded to 'underweight' from 'overweight' by Morgan Stanley, with forecasts cut and the price target slashed to 70 pence as the broker sees an uncertain year ahead, dealers said. In a note landing on fund managers' desks this morning, Morgan Stanley said that as well as cutting its price target by 74% on AgCert, which trades in agriculturally-deriv |
Posted at 12/3/2007 17:30 by asparks 12.03.07 Shares in Agcert rise 40 per cent on possible takeoverShares In Agcert, a London-listed company that generates carbon credits by reducing greenhouse gas emissions at livestock farms, were trading around 40 per cent higher on Monday in response to a possible takeover of the company. Agcert is currently trading at 80p, up from 55.5p on Friday morning, with the gains coming on around midday on Friday amid market speculation that the company would be bought. This prompted Agcert to give notice that it was in talks with a potential buyer. The statement, which was released to the London Stock Exchange early on Friday afternoon, said: "The Board of Agcert notes the recent rise in the Company's share price and confirms that it is in early stage discussions with a party that may or may not lead to an offer being made for the entire issued share capital of Agcert." Agcert has refused to disclose the identity of the potential buyer but market speculation suggested that Ecosecurities, a London-listed developer of clean development mechanism projects and an aggregator of carbon credits, was planning to make a bid. Ecosecurities shares rose around 17 per cent, but equity analysts said this was unconnected with speculation that the company wishes to buy Agcert. Ecosecurities generates certified emissions reductions (CERs) from a wide range of sectors including livestock projects similar to those who supply Agcert. But some equity analysts who cover the carbon finance sector doubted that Ecosecurities was a likely buyer. "Ecosecurities already has a diverse portfolio of CERs but unlikely to want the distraction that would be involved in buying Agcert," said one commentator who requested anonymity. Agcert has struggled to generate CERs to the timeline outlined at the time of the company's float in the middle of 2005, and the company has endured setbacks with greenhouse gas reduction technology at some of the farms where it has installed equipment to capture methane from animal waste. Agcert has also been issued with fewer carbon credits from the numbers outlined in project design documents, and in early February the company's share price lost almost half its volume in response to an analyst note from Morgan Stanley, which highlighted the uncertainty on the yield of CERs from methane capture projects. Agcert attempted recently to raise 100 million to fund expansion beyond Latin America. Last month, the company lowered that target and is now trying to raise between 40m and 50m. Some analysts who cover Agcert said an existing shareholder was most likely to be buying the company, and AES, the US power utility that owns around eight per cent of the project developer, was cited as having the cash to back up any interest in a takeover. No-one from AES was available at press time to confirm whether the company was preparing a bid for Agcert. Besides its stake in Agcert, AES is involved in a joint venture with London-listed company. The tie-up, which is known as AES Agriverde, will roll out the London-listed company's technology in eastern Europe, Asia and Africa. Last year, AES committed to fund all of the US$325 million (247 million) required to fund the joint venture. AES owns power plants in the UK and the Czech Republic that are participants in the European emissions trading scheme, and operates power stations that will covered by the Regional Greenhouse Gas Initiative (RGGI), an emissions trading scheme in the north-eastern US that aims to get underway in 2009. AES said last year it would use CERs from Agcert's projects for compliance and for sale on the secondary market. Analysts also suggested that a bid by private equity investors for Agcert could not be ruled out as interest from such firms was increasing in the carbon finance and greenhouse gas reduction sector. London |
Posted at 31/1/2007 12:17 by lbo AgCert shares fall by almost 20pc SHARES in Dublin-based carbon trading company AgCert plunged almost 20pc yesterday, after investment house Morgan Stanley declared the stock "overweight". The company's board of management responded with a statement claiming that there was "no operational reason" for the fall in share price. Shares in AgCert started yesterday priced at £1.20 on the London Stock Exchange. Morgan Stanley's morning research note downgraded the stock from "underweight" to "overweight" and set a target price of 70p. The broker added that it expects AgCert to report higher losses and lower structural profitability in the short term. The stock immediately began to plunge, and was below 95p before 10am. The management then issued their own statement saying that the fall in share price was not down to operational factors, and that their profit expectations remained unchanged. AgCert's parent company, XL TechGroup, also issued a statement to bolster the stock. "AgCert's efficiency levels are, as expected, continuing to show considerable improvement and, as the company expands to new geographies and verticals, we are happy to reiterate that we share AgCert management's confidence about the future," said XL TechGroup chief executive John Scott. Later in the day the stock rallied somewhat to close at 99p, down almost 20pc on the day's opening price. AgCert's full-year results for 2006, which are due to be released at the end of March, will be watched with interest. |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
