DEL - Delorean Corporation

[System]

Delorean Corporation is Australia's leading builder and developer of bioenergy infrastructure and a retailer of electricity aiming to create its own pipeline of bioenergy infrastructure projects in Australia. Delorean currently operates businesses in:

(a) design, construction development and operation of renewable bioenergy generation assets, specialising in anaerobic digestion processes converting organic waste into renewable electricity, heat and biomethane.

(b) retail of energy and gas; and

(c) fabrication and installation of industrial-scale stainless steel tanks and associated infrastructure for itself as well as independent third parties.

Delorean is positioned to utilise its market experience to extend its current services-based business into an energy infrastructure asset owner and operator, growing its revenues with additional annuity-based income streams from bioenergy generation infrastructure projects. Delorean operates both in the waste processing and renewable energy sectors by being a viable disposal option for organic waste for businesses needing a sustainable method of disposal, and then utilising that organic waste for the generation of renewable energy for sale.

It is anticipated that DEL will list on the ASX during April 2021.

Delorean Corporation - Australia's Future in Bioenergy & Renewables

Delorean Corporation is a leading, vertically integrated business operating in two of Australia’s highest growth industries – renewable energy and waste management.

www.deloreancorporation.com.au

 

[Dona Ferentes]

Listing date	8 April 2021 #
Company contact details	Delorean Corporation – Focused on renewable energy www.deloreancorporation.com.au Ph: +61 8 6147 7575
Principal Activities	Delorean currently operates businesses in: (a) design, construction development and operation of renewable bioenergy generation assets, specialising in anaerobic digestion processes converting organic waste into renewable electricity, heat and biomethane; (b) retail of energy and gas; and(c) fabrication and installation of industrial-scale stainless steel tanks and associated infrastructure for itself as well as independent third parties.
GICS industry group	TBA
Issue Price	$0.20
Issue Type	Ordinary Fully Paid Shares
Security code	DEL
Capital to be Raised	$14,000,000
Expected offer close date	19 March 2021
Underwriter	RM Corporate Finance Pty Ltd and Morgans Corporate Limited (Underwriters/Lead Managers)

 

[Sdajii]

Picked DEL for the competition. Small cap speccy, decent growth,positive cash position, revenue about twice the market cap, recently jumped in price which might put it on some radars in August, saw profit taking today which might continue tomorrow, setting it up for a competitive percentage in the competition for the month of August.

Let's go for a run at 88MPH in August.

 

[Sdajii]

On seeing this morning's report I'm sticking with DEL again in September (currently in second place, barely behind first with just a few hours to go for August). The figures look amazing. No net debt and a PE of around 4, with excellent growth!

 

[Dona Ferentes]

interesting company... thanks for bringing it to our attention.

HIGHLIGHTS:
• Delorean Corporation strong financial Full Year result with sustainable earnings into FY25 and beyond
• Key results (unaudited) as follows:
• FY24 Revenue up 45% from FY23
• FY24 Net Profit After Tax $4.77m (up 148%)
• FY24 Basic Earnings per share 2.21 cents per share
• Cash and Term Deposits $8.84m as at 30 June 2024
• FY24 EBITDA of $5.02m
• FY24 progressed financing of shovel-ready SA1 and VIC1 Build, Own, Operate bioenergy infrastructure projects, with financial close expected on SA1 in September 2024.
• Active development of other near-term BOO projects (NSW1 and QLD1) in FY24 expected to secure FID (subject to planning approvals) in FY25, with $5m Queensland Government Grant secured. NSW1 progressed through collaborative development with strategic partner, Brickworks Group.
• Ecogas New Zealand Bioenergy Project successfully commissioned and now under contract for operation and maintenance with contracted revenues into FY25/FY26
• Construction of Australia’s largest bioenergy facility under way in FY24 for Yarra Valley Water delivering contracted revenues into FY25 with follow on operation and maintenance with contracted revenues.
• Successfully secured $1.3m in earnings in trading of Large Scale Generation Certificates with earning set to continue with favourable contracted positions into FY25.
• Secured key strategic relationships with industry partners supporting Australia’s decarbonisation through the energy transition, including ATCO.

 

[Country Lad]

interesting company... thanks for bringing it to our attention.

Arrived home yesterday after 5 months travelling and did some scans to get back into it. This one came up on a scan last night. All the signs of a breakout so bought some this morning. Thanks @Sdajii & @Dona Ferentes, saved me doing lots of research

 

[Sdajii]

Arrived home yesterday after 5 months travelling and did some scans to get back into it. This one came up on a scan last night. All the signs of a breakout so bought some this morning. Thanks @Sdajii & @Dona Ferentes, saved me doing lots of research

View attachment 185307

I considered picking it again this month for competition, but I figured it already gave me a second place so I went with something else. Pity! But, hey, as a holder I can't complain. Brilliant timing on your purchase, well done!

 

[Sean K]

Are they making a time machine?

If so, I'm in!

 

[Sdajii]

Are they making a time machine?

If so, I'm in!

View attachment 185312

The company name refers to how much you want to go back in time to buy some.

 

[Sdajii]

Chose DEL for the November tipping contest. It's speculative, but the figures of its current renewable energy projects are great, the potential to expand is huge, the market cap is tiny so this has the potential to be a big multibagger (not in November, of course!), and the market loves anything which looks green.

 

[Sdajii]

Sticking with DEL again for December, I'm loving this both in terms of the fundamentals and the chart.

On the fundamentals front, the projects are profitable and the scalability is huge. It's entirely possible that DEL will be the target of a takeover, but if not, it should continue to grow nicely. The market will also love it, being green energy, and profitable green energy is highly desirable in every sense.

Looking at the chart, it's fantastic. Very consistent higher highers and higher lows, not going up in a straight line but making nice consolidations all along the way. Current resistance of 22c lines up with where it was trading for about a year as of shortly after the IPO in 2021. I think 26c (major resistance) is quite possible in December. I see a potential pattern setting up with a target which coincidentally matches the all time high in the 40s which was hit just after DEL just started trading in 2021, though I think we'll have to wait until some time next year to see it.

A profitable green energy company with huge scalability and growth potential with such a small market cap not yet on the radar and not yet being priced as a growth stock is quite a gem.

 

[Sdajii]

Sticking with DEL again. The fundamentals look as good as ever, the technicals took a turn for the worse in December but showed signs of turning back again on the last day of 2024, so hopefully the first month of 2025 is a good one for DEL. Either way I'm confident 2025 will be a great year for DEL.

 

[Sdajii]

Chose it for the 2025 competition... sort of feel like I'm insulting everyone with repetition at this point, but hey, here's my obligatory post. Looks like it may be doing a C&H which is cool if it plays out.

 

[Sdajii]

Again for the February competition.

Price took a hit this month, on no news at all, then partially recovered. The market seems to be a bit jittery due to a lack of news. Hopefully they'll release something and put the market's collective mind at ease. With such a dramatic price fluctuation/range lately, it shows the market really doesn't know how to value it, but if the company does put out anything to explain the situation it should rally.

 

[Sdajii]

*sigh* Obligatory post for the contest.

Unlike the other three I chose, I'm actually holding this one and following it so actually can post something relevant, though there's not much to tell.

The fundamentals of the company look as good as ever, but the market is bored and disinterested, I'm guess that's partly because there's just not much happening which the company can report, and also because the company hasn't really released guidance in terms of ongoing expenses of the project, etc, and the market hates a lack of specifics, so when the general market gets jittery, something like this, unknown and low liquidity, can take a hit. So, despite all signs pointing towards things looking great, without exact figures to plug into models, the market is valuing it far below any reasonable expectations. This is giving it fantastic value at the moment IMHO. Once news starts to drop and the company gives guidance, or real data is revealed, the market will react accordingly. Brilliant opportunity to get in early at this price (again, IMHO).

 

[Sdajii]

Another post in the 'Sdaji has to make obligatory posts' thread AKA the DEL discussion.

I chose it for the March competition. I've discussed things in the previous posts, but while the market was showing no interest in the company recently, despite the great value, and I was going to choose something else, DEL today announced that it will be doing a presentation next week, the slides look good, and if that attracts the attention of any investors, given how illiquid the stock is, it could give the stock a boost next month.

 

[Dona Ferentes]

Another post in the 'Sdaji has to make obligatory posts' thread AKA the DEL discussion..

you could always decline the prize money on offer.

 

[Sdajii]

you could always decline the prize money on offer.

No, I couldn't; it's the backbone of my personal budget.