Agcert Regs Share Discussion Threads

[stabilo90] 03/12/2007 14:02

Dont buy it then..

[8trader] 03/12/2007 14:01

There's a strong chance like Felix this could get suspended at
anytime, i would not be chasing this one !

[stabilo90] 03/12/2007 13:59

directors filling their boots...Can you blame them.

[double6] 03/12/2007 13:59

Yes mate - win some, lose some.

What are you in ???

[stabilo90] 03/12/2007 13:59

be blue by close...easy..

[8trader] 03/12/2007 13:58

Double6 !

Still in Felix ?

[double6] 03/12/2007 13:57

At least we've got over the FLX SP!

[stabilo90] 03/12/2007 13:57

i was going to buy friday 8 trader it was cheap then..todays fall was a gift..only got 260k but better than nothing

[stabilo90] 03/12/2007 13:56

can sell 375k online... directors probably buying at these lows.. remember this was 125p 6 mths ago...

10p plus easy in 2 months

[double6] 03/12/2007 13:56

8T - happy stalking ??

[8trader] 03/12/2007 13:56

2 parasites working hard to get a pump and dump out of this !

double6 and stabilo90 (motivetv) have no interests in this company,
they both wont be holding this stock by the end of the day.

[stabilo90] 03/12/2007 13:54

now both bid and offer up, this stock has a long way to go.. no way is this company finished.. be back over 4p tomorrow..

[double6] 03/12/2007 13:53

Sorry - mahe that 1.25!

[double6] 03/12/2007 13:53

Bid back up to 1.1p....

[8trader] 03/12/2007 13:42

Maybe Felix's suspension has scared them all away from posting !

That had a similar fall on Friday and has been suspended and does
not look good.

[charlie11908] 03/12/2007 13:41

Any chance the budget on Wednesday will throw the company
a lifeline in some shape or form....

Ireland is way behind on it's credit quotas?

I don't know enough I confess about the business,
to make an intelligent comment on this, one way or
the other!!!

Still waiting comment here?

Why are you lads all so shy?

Caveat Emptor!

[charlie11908] 03/12/2007 13:21

Any of the old timers here who understand the business ready to
help me out here yet?

[charlie11908] 03/12/2007 13:19

New Strategic Initiatives

Future production from implementation of new strategic initiatives includes:


(i) TurboGreen, AgCert's strategic account business focusing on large
industrial projects:

- Built a strong pipeline of more than 100 potential offset-creating
projects since May, representing a potential of several million annual
credits to AgCert
- Identified potential projects in cement, landfill, energy and fuel
switching industries
- Executed its first contract for hydro-electric plant in Colombia


(ii) Agency, AgCert's carbon acquisition business

- Completed 3 agency contracts for 2.4m tonnes since May 2007 for delivery
through 2012

(iii) Forestry Products Business

- Signed a joint venture agreement with Forest Systems, an established
forest investment management firm and manager of a carbon forest
sequestration fund

The current portfolio of Offsets through 2012 expected from its biodigester,
strategic accounts and agency business breaks down as follows:


In negotiation 28.0 million tones
Under "Letter of Intent" 2.0
Contracted 16.0


* Developed new strategy requiring significantly lower capital

* Headcount was reduced to 193 compared with 312 at Dec. 2006 and 270 at
June 2006

* Revenues grew to Euro2.4m during the first half of year 2007, compared with
Euro25,000 for the period in 2006

* Cash on hand at end of period of Euro27.7M vs. Euro26.5M at June 2006

* Operating losses, before financial costs, fell to Euro22m, compared with a
loss of Euro47m incurred during the first half of 2006

* The normalised EBITDA loss for the period was Euro13.4m compared with a
normalised EBITDA loss of Euro15.7m for the 2006 half year results

* Received review date from US Patent Examiner of no later than Q1 2008
regarding our patent application covering the creation of greenhouse gas
offsets, and AgCert will be notifying potential infringers of intellectual
property


Overall, AgCert continued to make significant progress in the first half of
2007. The momentum around its new initiatives started building, and the
delivery risk for 2008 and beyond has been substantially mitigated.





27 September 2007

[charlie11908] 03/12/2007 13:19

Now for the future...if there is one.....

The question is....
How much of the following is affected. or,
is it all intact and being developed,
and to be the subject of an update to the market,
including a solution to the 6192 m ton problem?

Caveat Emptor!!!

[charlie11908] 03/12/2007 13:16

I suspect strongly that we should not jump to the conclusion
that the MM's would have us draw........
They don't give a toss so long as the share trades which it has'nt done for months.....

I have gambled that there is more to come,
and that this mornings rns gets the expectation out of the way,
so as to move on from here!!!

A total restructure announcement seems in the offing!!!

Luck to the brave
and 14 cents in cash!!!
Caveat Emptor!!!

[charlie11908] 03/12/2007 13:12

Post 283 corrected....

Quoting from the above:

" * 100% of original 2007 deliveries would be covered
* 86% of original 2008 deliveries would be covered with existing
production and contracts, compared to 32% in May 2007
* 80% of 2009 would be covered with existing production and contracts"

The company has said this:

"Existing Production

The company's own Animal Waste Management business is producing up to
expectations, at a level of approximately 1.4 million tonnes per year, which
represents an increase of 40% since January 2007."

We now know that 2008 was to be 7.2 million tons of which the failed
negotiation was to have been (86%) 6192 mt.

2009 would'nt have been a worry.

Does that mean that the problem is what to do about 6ooo m tons?

That says that the balance of 2007 and 1008 m tons in 2008 have
already been catered for.

With so little information being offered by the company, it suggests that
if the only problem they face is the 6192mt....they may have been
looking at other alternatives during the period of the failed
negotiations?

Could that mean there is more to come?

If there is, and it means they can(have?) successfully renegotiate with preferred creditors etc, does that mean there is more news to come?

Is the second half of their results....dealing with future business
still intact....or has that fallen by the wayside to?

Can this future business provide any relief for the 6192 mt deficit?

Seems to me they owe the market an update or some reassurance on these
aspects of the business too?

[charlie11908] 03/12/2007 13:08

Why, if today's news is so bad have they not sought administration protection,
or warned that the future of the company is in doubt....

It intrigues me that they have NOT said that anything other than 6192 mt(??) is affected....especially if some people have the power to take a back seat
on these liabilities for a longer period....

And of course we have Bali happening as we speak?

I hope we get more information soon!!!

But as a long term shareholder, I don't think the shyt has
hit the fan just yet....not by a long chalk!!!

It was the mm's that savaged the share price....not shareolders
trying to salvage or sell an avalanche of shares!!!

I would be interested in the comments of other long termers here!!!


Caveat Emptor!!

[charlie11908] 03/12/2007 12:47

Set side by side with the above....taking out the blurb....

"The offsets generated through the company's operational activities will not
be sufficient to allow the company to meet its 2008 delivery obligations of
about 7.2 mln certified emission reductions...."

[charlie11908] 03/12/2007 12:39

This is what needs to be focussed on......
Just how bad is the news....can they save the day on this issue alone?

I am re-readingit very carefully!!!
Caveat Emptor!!!



AgCert has entered into a heads of terms with a major European trading company
(the "Trading Counterparty") under which the Trading Counterparty would assume
up to 4.2 million tonnes of AgCert's customer delivery obligations through 2008,
contingent upon, among other things, final documentation, Board and shareholder
approval and finalisation of negotiations with customers.

AgCert has entered into an agreement that has the effect of increasing by US$7
million, and rescheduling its outstanding indebtedness with Laurus Master Fund,
making the whole of the indebtedness convertible into equity at a premium to the
current share price, extending the due date from May 2008 to half in March and
half in May 2009, contingent upon shareholder approval, finalisation of the
transaction with the Trading counterparty among other things.

If the proposed transaction with the Trading Counterparty is completed, AgCert
will have the ability to satisfy its forward delivery obligations by
re-balancing its delivery commitments and would expect to be long through 2012
and beyond


* 100% of original 2007 deliveries would be covered
* 86% of original 2008 deliveries would be covered with existing
production and contracts, compared to 32% in May 2007
* 80% of 2009 would be covered with existing production and contracts