Member Info for roughandtumble

Actually cash flow predicted at 115m USD between now and September 2025! 78m shares in circulation… and current MC of just 4m GBP!!!

How can a stock that owns 100% of Delphos International that’s going through exponential growth be valued at 4m with cash coming in of 115m for a 12 month period. With a PE of a low 10 takes the valuation stratospheric .., when they start trading I can’t see these staying at 5p!!

Look at the predicted cash coming in from Delphos and if they can agree terms with the CUL holders, and payment is made before the 31st March I think the market cap for APQ is looking very very cheap!!!

Actually think you’ll find the numbers are going to be more impressive than you can ever imagine. Especially the new Book Value

Well a decent 1m purchase on the 26/06

As stated, there is an ongoing audit that is encompassing all of APQ assets but mainly Delphos Global. The NAV is also about to be updated (as stated in the previous RNS) and though seems inexcusable to be late for the Finals, there’s clearly reasons for the delay and from the call I had with Bart, the contracts and cash flow from Delphos was going to be significant over the next 6 months.

With 14m in cash and a market cap below 4m, it’s not going to take much to see a significant re rate.

For the first time in a long time, the MM want to buy your shares (all of them) to fill orders like the 1m which considering the shares are to be suspended for 2 weeks shows someone has the confidence to buy ahead of a suspension!!!

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?

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 !!

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

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.

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.

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!

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/

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!

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.