Chapmans - What we Know (#2)

This is an update on @Smokedog's original post (Chapmans - What we Know) from July

Shares on issue - 2,039,500,000
Current Market Cap - 4.079m @ .002 cents
Last Cap Raise - 18/10/16

CHP currently own:

39% of Digital Star/20FOUR

Enterprise Valuation 30 June 2016 $13.5m
Chapmans Investment Valuation 30 June 2016 $ 5.3m
Total Investment to date: $ 1.2m
Capital Uplift to date: 4.42x

Through Digital4ge we also have secondary interests in Reffind (RFN) and VAMP. D4 hold a 45% stake in RFN and a 60.6% stake in VAMP.

15% Digital4ge

Enterprise Valuation 30 June 2016 $16.80m
Chapmans Investment Valuation 30 June 2016 $ 2.50m
Total Investment to date: $ 0.75m
Capital Uplift to date: 3.33x

And via the 80% stake in COL

19% of Syn Dynamics
Enterprise Valuation 30 June 2016 $3.2m
Total Investment to date: $0.6m

12.3% of Fantasy Sports Global
Enterprise Valuation 30 June 2016 $40.6m
Total Investment to date: $5.0m

20Four:
"The company’s business model is based on the traditional media pillars of selling audience reach to big brands...The business is preparing to launch in Q1 2017 and has plans for an ASX listing". IPO tabled between Jul-Oct 2017, currently trying to raise $2m in a Pre-IPO raise

Digital4ge:
The company’s business model is to secure the equity and investment rights for specific qualified opportunities and within 12 – 24 months to develop each opportunity as individually registered spin outs with liquidity and significant capital uplift returns achieved through ASX listings or trade sale options. Chapmans Limited invested $750,000 in 2014 in exchange for a 15% equity holding with board representation.

VAMP:
Currently expanding into Asia, opening up branches in Singapore and Hong Kong with plans to target Indonesia and India. The shelved plans of an IPO in 2016 that were replaced with private capital have been penciled in for 2017.
http://visualamplifiers.com/campaigns/

Reffind:
Nothing new has come out of Reffind lately, it seems they are trying to grow quietly after that spectacular fall from grace.

Syn Dynamics:
The great mystery company that converts waste into energy. In September CHP wrote 'SDA has entered into a strategic 12 months research, development and commercialization agreement with CSIRO who have commissioned SDA’s test batch processing plant in Queensland and are preparing to test customer bulk samples to enable the company to progress with long term supply agreements with large scale multi-plant customers.' but that was followed by "the second tranche of subscription of shares in SDA (i.e. 980 shares at a total subscription price of $1,900,000 for a 6% holding in SDA) (Tranche 2 Subscription) was subject to further due diligence on SDA to be undertaken by COL. The Company advises that the condition is not satisfied and that COL has given notice to SDA that it will not proceed with the Tranche 2 Subscription".

From which we can only infer that the progress regarding the development and testing had not advanced far enough to satisfy their needs. It is unclear how that leaves the current investment and what it may mean for future IPO of Syn Dynamics

Fantasy Sports Global:
"In June this year Chapmans invested $5m through it’s subsidiary Opportunities Limited (COL) for a 12.30% equity holding in FSG as part of a $10.45m placement, with board representation, exclusive corporate advisory and ASX listing rights...The company plans to expand into key international markets working with strategic partners in each territory with mainland China and India the first markets targeted. The company has plans to list on the ASX in 2017."