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XL Tech - Little value ascribed to Tyratech which may float

May 2006

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • XLT
  • Price:
  • 325p
With an investment company like XL, this set of financials are not too relevant as XL has yet to dispose of its investments, although one of these, AgCert, is now separately listed. Instead, the key drivers are (a) performance of investments and the execution of their business plans (b) how well funded those investees are and to what extent XL is capable of supporting them and (c) the timing of exiting those investments and making new ones. On all counts, there was plenty to shout about. Subscribers will already be familiar with AgCert, which is involved in the production and sale of agriculturally derived greenhouse gas emission reductions and whose shares we recommended at 165p last July. It was the first investee to be dive ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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