Agcert Regs Share Discussion Threads

[cyclingnut] 10/9/2007 11:51

not sure why the mullering, they recently raised £20 million quid!!

[rammellzee] 10/9/2007 09:26

Mmmm....if this goes to 20p it may (stressing may) be worth a punt...

[cyclingnut] 05/9/2007 11:46

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-derived greenhouse gas emission reductions, it has made equally substantial cuts to 2006-2008 estimates, as it expects higher losses in the short term, lower structural profitability of the business and a lower option value than previously envisaged. The broker said it has also reduced its long-term yield estimate as its previous estimate was too ambitious, given recently available information, and has lowered forecasts for sites constructed in 2008 because management is now steering for the first time towards a deceleration in the construction rate.

[cyclingnut] 05/9/2007 11:11

Recently raised £20 million and restructured the business by laying off loads of staff and other bits and pieces.

They must feel stupid for turning down a bid back in April when the price was around 80p!

I think they are updating the market this month so perhaps a leak has occured and the news is bad, why else would the share price get so smashed?

[fingolfin] 03/9/2007 13:58

Dramatic drop today - wonder why?

[latifs100] 03/9/2007 12:52

wots cash and debt levls..thnks.. hold from 40p

[kalmar] 03/9/2007 12:40

I was lucky to get out at 210 last year.....I bght due to the SCSW editor buying and a hopeful bottom at 40p...hopeful...says it all.

K

[northwards] 03/9/2007 12:36

have to say, a little perterbed by the recent drop...i guess one glimmer is that volumes have been pretty small...

[kalmar] 03/9/2007 12:18

Just for record...I sold Friday(31p)...should have sold the day earlier once broken support.

Good luck

K

[wiganer] 31/8/2007 09:32

Surely you need to look at the fundies as well as the charts. I can see nothing in either that make this other than a sell/avoid.

[kalmar] 30/8/2007 16:11

feel for you...I bgt about 200..and sold some(profit ) at 230ish...and clsd rest on 200's...just in time and was amazed at the fall...bght back when the editor of SCSW bght in at 40......but as I say...there was no technical reason...and as there is no floor to the share price ..it could crash again...I have a 20% loss now in just about 2/3 days...If I had the right discipline I SHOULD sell....but I may be weak enough to see...as the current climate is not exactl;y great atm.

K

[fingolfin] 30/8/2007 15:55

The big question here is can they fulfill their contractual obligations for 2007 - if not they are finished imo. Will wait for some positive news before averaging down - been here since 212p so it's recoup some losses or bust!

[kalmar] 30/8/2007 10:29

got to say..that looks like a break of the lows...and should say GET out!!(again)....clearly only consolidating after a massive drop...although no news........and the truth is after the recent market troubles there are better options.

K

[fingolfin] 30/8/2007 10:18

Down again - what a surprise!

[cyclingnut] 07/8/2007 12:29

ouch,

a couple of large sells gone through....quite worrying.

[cyclingnut] 23/7/2007 15:46

Oversold, overlooked, takeover that AGC walked away from was muted to be in the £1.25-£1.35 region!! AGC feel they can deliver more value than that to its current shareholders thru there restructuring program and recent fundraising!!

Could be wrong but I am a pretty good bottom fisher if you know what I mean?

[rammellzee] 21/7/2007 13:13

cyclingnut - what makes you say that?

[cyclingnut] 20/7/2007 19:46

THINK WE COULD SEE SOME ACTION HERE SOON.

[cyclingnut] 12/7/2007 16:36

charts are pony IMHO this share has very little daily volume, it is the hope of a new bid which is what got me interested?


egg on face or what..........talks breakdown at the 80-100p, the share price is 44p now.......how bad do the directors look now?

How bad? they should bite the hand off if any bidder came in at 70pish......IMHO do your own research and all that carp......

If I was the original bidder I would be revisiting AGC and saying......"come on boys, you are half the price of back in March, we will offer you between 70-80p a share.......what would AGC say?

[imprima2] 12/7/2007 16:25

quite a nice gap to 60p on the chart too!

[imprima2] 12/7/2007 16:15

ps small spread 43-44p nice!!

[imprima2] 12/7/2007 16:15

sorry had you confused with Kalmar