XL Tech. Share Discussion Threads

[mdchand] 03/5/2005 12:40

mike - whats your email - i have something from xlt's brokers re the flotation.

[mikehardman] 03/5/2005 08:32

...and AgCert to be spun-off and floated - good stuff
(see 2 RNSs today)

[mikehardman] 25/4/2005 09:17

Good to get BHP on board re AgCert today!

[mdchand] 20/4/2005 21:33

lol - Im just covering my bases Mike. I have no idea whose going to be the winners / losser in the whole kyoto / carbon credits / biofuels era we will enter, but having a finger in a few pies seems to be the best way of playing this area. However, in terms of pure upside potential, Alkane seem the best bet - unless you know of any others?

[mikehardman] 20/4/2005 10:00

Hello mdchand - good for you, and I'm glad not to be rattling around in this cage on my own :)

[mdchand] 19/4/2005 09:16

mike - ive nibbled some of these. i believe they have phenominal institutional support and after seeing the price stay rock solid yesterday, i've taken a position incase these go north due to carbon credit expertise.

[mikehardman] 10/4/2005 11:46

IPO'd 12oct04, at 150p, raising £ 23 million, valuing it at £72.6m.

"The XL TechGroup management team has created substantial value for shareholders over the last twelve years, having successfully exited six technology businesses at an annual IRR of 148%. The team has turned $157 million of investment into more than $1.1 billion of liquid asset value. The six exited businesses have a combined market cap of $3 billion and combined annual revenues of $1.25 billion."

"XL TechGroup is a unique company creation and development group focused on
identifying unmet market needs, matching dynamic new technology solutions, and
building successful businesses that transform markets, primarily in the life
sciences and technology sectors. Its most advanced businesses are AgCert
International, a company involved in the creation of carbon emission credits
from agriculture, and BioPesTech, LLC, which is developing a new class of
non-toxic pesticides made from safe, natural oils."

"BioPesTech, which was created by XL TechGroup in July 2004 is developing a
new class of non-toxic pesticides using cloned insect chemoreceptors, based
on approved, safe, natural oils. After being established in 2004, its
development is progressing rapidly and BioPesTech, which is 66.7% owned by
XL TechGroup, is expected to be profitable by the end of 2005."
Looks good, unless you're a pest, of course.

Now called TyraTech.

"AgCert was created by XL TechGroup in May 2002 and is the world's largest
supplier of emission reduction credits with business in Europe, Asia, North
America and South America."


AIM admission document:

Based in the USA, so weak dollar is beneficial to sales outside the US.