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Started: roughandtumble, 14 Jun 2024 19:19
Last post: roughandtumble, 14 Jun 2024 21:38
404x.
Don’t be stupid. I’ve been on. ADVFN since 2008 and what I’ve stated is factual.
If you don’t have the balls, pockets, or corporate appetite that’s fine… I do.
On ADVFN I took a significant stake in Cornerstone which a similar poster said the placement at 6p would never get above 9p..: I argued the Toss and yep I was right as it went above 41p.
I’m right here. What’s your argument they have 14m cash and a market value below 5m…
I wait your pathetic response. And yes I had the zoom call wi the Bart today as I also have balls.
How’s those shrivelled peas?
You must either be Turtelboom or someone closely affiliated with him. Every post gushing and effusive towards him and the company. Very naughty.
So here’s a little research into APQ Global and is on the back of a Zoom call with Bart himself.
Delphos is 100% owned by APQ Global and the 3rd party audit that’s underway is valuing Delphos and the two other 100% owned subsidiaries of APQ at multiple times the current SP. The NAV has already risen significantly in April the belief it’ll jump again much higher than 28m GBP. As it currently stands the Market Cap is under 5m and yet they have 14m cash and as reported, a significant amount pending. Delphos is growing exponentially the the repayment of the September CULs is easily addressable according to Bart and considering his background I can see APQ being renamed Delphos as they have a global reach in emerging markets and their successes have been incredible. He agreed the link between APQ and Delphos needs to be better explained and the APQ website linked to Delphos as it’s simply the same entity.
People will cough and splutter, but it’s my contention that APQ is going to see a serious re rate and the fact with just 77m shares in circulation and two holders owning 28 percent each, the free float is tiny.
I believe the 3rd party auditor will value Delphos NAV at over 50m GBP and when you consider the two other 100% owned entities seeing this trading at 1 GBP isn’t a stretch too far.
Cornerstone went from 6p to over 40p… I believe APQ and Delphos is going to be trading much higher very soon. 2023 accounts due this month and the audit and valuation expected shortly.
Thank me another time !!
Started: roughandtumble, 3 Jun 2024 16:52
Last post: bbr391, 13 Jun 2024 16:36
Good news continues
Outstanding
Https://delphos.co/125-million-loan-for-greek-shipyard-rehabilitation/
And a significant finance deal in Greece.
Really surprised that APQ haven’t mentioned the below significant finance deal that Delphos has secured… they’ve stated that Delphos is going from strength to strength in a recent trading statement and below shows that continues
Delphos Advises MPC Energy Solutions on a USD 34 million Non-Recourse Project Financing for the Construction of a 66MWp Solar PV plant in Guatemala.
Leading IPP selects Delphos as exclusive financial advisor.
Delphos, a leading emerging market financial advisory firm, announces the closing of a USD 34 Million non-recourse project financing for the construction of Guatemala’s 66MWp solar PV plant San Patricio. Delphos takes the exclusive advisory role to secure a landmark financing package for MPC Energy Solutions (“MPCES”), a leading Independent Power Producer (IPP). The deal marks the first-ever non-recourse senior debt project financing secured from Banco de América Central, (“BAC”) in Guatemala (part of the BAC Financial Group). MPCES will use the debt facility to construct a 66 MWp solar PV plant in Guatemala which will enter operations by mid-2025. The innovative transaction with BAC allows MPCES to grow its renewable portfolio and marks MPCES’s continued commitment to the region.
In addition to promoting clean energy generation, the San Patricio project will significantly contribute to reducing CO2 emissions and diversifying Guatemala’s energy mix. This is particularly important given that Guatemala’s electric sector has been dominated by hydroelectric and coal generation, which accounted for 39% and 16%, respectively, of the country’s electricity production in 2023.
“At BAC, we are committed to support initiatives that promote sustainable development and create prosperity in Guatemala and the Central America & Panama Region. This project exemplifies our dedication to support financial solutions that deliver triple positive value: social, economic, and environmental. Our aspiration is to become the first bank to achieve a Net Positive impact and to inspire other industries to achieve this goal”, stated Eric Campos Morgan, CEO of BAC Guatemala
Fernando Zúñiga, MPCES’s Managing Director for Latin America and the Caribbean, states, ‘Our mission is to provide clean and affordable energy to Central America and the Caribbean. San Patricio, our sixth power plant, is starting construction after an impressive greenfield development of just 12 months. We are very thankful to all our stakeholders and BAC for their trust in MPCES. This accomplishment showcases the effectiveness of collaborative efforts and exceptional partners like Delphos.
The San Patricio project will not only enhance Guatemala’s energy infrastructure but also foster economic growth in the region by generating employment throughout its construction and operational stages. Furthermore, it will play a crucial role in diminishing reliance on conventional energy sources and encouraging the uptake of re
Last post: roughandtumble, 24 May 2024 09:03
Market cap is currently under £5.5m and yet had a NAV of just under £18m and cash of over £14m
3xNAV with that amount of cash makes todays MC seem unbelievably low.
Great news continues .
Outstanding
We await more amusement & another great result
Outstanding
Nice
Outstanding
" APQ's 2023 financial year end audit process currently underway" .
For those that deem not to understand .
More good news ahead
Outstanding
Started: roughandtumble, 16 Apr 2024 13:08
Last post: roughandtumble, 16 Apr 2024 13:08
Should see the April book value this week and will be interesting to see ias part of the 2023 audit what other increases in NAV is aligned especially with their comments in the positive trading update.
Started: roughandtumble, 27 Mar 2024 10:06
Last post: darientaylor, 3 Apr 2024 14:25
Thats the point its not a 'trading update at all, its a statement of NAV per share based on un-audited made up valuations. where is the report of half year sales/revenue. and EBITDA even or net profit for the period. ? nada, zilsch, zero
Did someone sell at a loss ? Certainly looks and smells like it…
Strong trading update and even someone with a jaundice view must be able to read that!
Total scam, the book value is bogus, what really counts is the p&l account and they lost 15 million last year, doubled from year before. If you are bidding this up based on that BS valuation good luck to you...
Great news
Outstanding
We’ll have spent some time researching Delphos International Ltd to understand the background to the significant book value rise which APQ is now valued at a discounted rate of 79 percent to net value and APQ has a rise of 477 percent from 0.05 to 0.2387 to be valued at asset value net of all liabilities.
I’ve also looked into Bart Turtelboom and he’s no slouch, that’s for sure. I’m amazed nobody isn’t knocking on that door from a financial investment house wanting a stake… with only 77m of which Bart owns 28 percent, the lightest decent buying pressure is likely to see this significant gap close in my opinion.
https://delphos.co/services/capital-raising/
Started: 404x, 22 Mar 2024 19:00
Last post: roughandtumble, 25 Mar 2024 13:41
Totally agree.
It won’t take much to move this especially with the limited available stock. The spread is narrowing as they’ll take 4.26 to sell now!
This is a no brainer really. You just have to put up with the unflattering effect of the spread on your account when you make a purchase.
So just to clarify
78,559,983 shares in issue with a book value (net assets value after all liabilities have been taken into account) gives a valuation of just under 19m GBP
Current market cap is just under 4m GBP at a mid price of 5p ps.
That’s one massive disconnect between company value and market cap.
Something bit odd about this.
Shares trading at 1p as recently as Tuesday bid up to 12p today, on the back of a RNS claiming book value went from 6.02p last month to 23.87p this month.
So they miraculously managed to multiply the value by close to 4, largely through third party valuation in Delphos International Ltd. The chair and CEO of that is Bart Turtelboom, who is also CEO of APQ. This third party has apparently seen something that Bart himself missed about a firm he runs.
Started: StockCheque, 22 Mar 2024 09:58
Last post: JeniH, 22 Mar 2024 16:36
Exactly, I was happy with my entrance price of 6p - and the shares haven't dropped since I bought them - there is just a huge spread which is a ploy to put off buyers.
GLA
The other thing here is that loads of undervalued UK companies have been hoovered up by foreign investment companies, and if a bid were to come in for APQ it would have to be at NAV as a minimum, or it would instantly be rejected by the Board and big shareholders.
If the new NAV is confirmed in Audit and the price is still much lower, then I'll be in for a few of these.
Right now it's an unaudited value and therefore take with a pinch of salt. Question is, what happens if they get the valuation audited and it is confirmed? Then I see it going up and sticking. And there is a lot of potential in a market recovery for stocks like this to be valued at a multiple of NAV. Back 10 years ago the norm for fair value in was 3x NAV, but since so much money flowed out of the UK stock markets (trillions of pounds) over financial crisis and Brexit, valuations have dropped to NAV or below. But market recovery is expected to start later this year, so really, for a stock like this I'd wait for the spread to close and the price to stabilise, then get a small holding for the long term. We are not all day traders like some think, many don't have the time or have better things to do than watch the screen all day, so go long and stay long.
Big jump in value. Can it keep jumping is the other question?
22 March 2024 23.87p
6 Feb 2024 06.02p
Of Possible Upside here .
Still low valuation & this is day 1 of many many good days ahead .
Fill up
Outstanding RNS
Started: JeniH, 22 Mar 2024 11:09
Last post: JeniH, 22 Mar 2024 16:19
They popped up with different times to start with and then reverted to 10.34 & 10.35 - yes I am stuck with them for the moment as I'm not in the "sell at a massive loss straight after buying club" but I am intrigued to see what happens over the next few weeks
The 50k buyer was down £3k in a couple of hours.
Exactly, and not one of them has every heard of the company before, and probably still can't even tell you what the company does.
Some moron cross-ramps it on a dozen boards, and a few dozen more morons buy-in on their 'recommendation'
What I never understand is the people that actually sell again at the lows. If a stock is capable of going from 2p offer 12p offer in days then if trapped in why sell up at 3p when you have paid 10-12p you might as well forget about them there will always be another spike then you might escape with a much reduced loss or maybe your money back.
Crazy this market for instant profits. Even a 400 buyer at 11p could not hold and sold for 3.375p...£44's worth selling for £13 lol
Dream on JeniH.
Assuming they're you're 16,000 and 5,000 trades, then the times are correct.
"happy to hold onto these for a while"
You haven't got much choice, your £1,260 is already down to ~£700
Started: EarlofAim, 22 Mar 2024 10:36
Last post: crawshaw, 22 Mar 2024 11:03
Fre1
well done for highlighting the spread, I was going to buy but saw the spread and your post.
saved a few on here......
Started: davey50, 22 Mar 2024 10:00
Last post: fre1, 22 Mar 2024 10:19
12860 out with £900 loss -crazy and did say spread was ridiculous
The 12k is better paying 10p and selling for 3p but the 122k worked seller at 8p+ is probably jumping up and down, they could only get 1p for them a few days ago if that
The 4,100 and 5,733 trader with equally impressive trades
There's only 2 mm's in this, it does not matter what NAV is you need like a 100% rise to make 10% and a 200
5 rise to make a bigger %. Only the first person in made a good profit, everybody else is screwed especially the 12p buyers...even if it got to to say 17p the mm's will probably go 12-22p spread so still barely a profit
Was probably JWBellamy
Last post: crawshaw, 22 Mar 2024 09:46
Why? Because it shares two of the same letters? These boards are an absolute ramping cesspit these days.
Maybe AIQ can follow.
Outstanding
Agree - the mm's clearly aren't willing to offer more than the bid price for selling, so immediately a buyer is down around 50% on their purchase with that large spread - crazy times as pi's have better odds at the bookies imv as mm's cream their funds
Judging by the time you started your tirade of BS, you paid around 10p.
Unlucky, you got spiked JWBellamy (prev. JAdams5000 and many other aliases)
Embarrassing cross-ramping across multiple boards, as usual.
Started: Arteee, 22 Mar 2024 09:26
Last post: fre1, 22 Mar 2024 09:32
Whoever got them for 3p, just doubled their money and sold out - the huge spread is off putting, gamblers ahoy!
If you say knock 20% off NAV
Started: Arteee, 22 Mar 2024 09:17
Last post: fre1, 22 Mar 2024 09:25
Increase in book value is due to revaluation - careful!
Haha i thought so
NO, its 23p - spread is ridiculous and some will get burnt!
"Am i reading that right ?"
No, you're not.
Am i reading that right ? its now equivalent to £23 a share or 2300p?
Started: Arteee, 22 Mar 2024 09:01
Last post: Arteee, 22 Mar 2024 09:01
Seemingly permanently in auction!