PGC paragon care limited

Ann: Half-year Results Presentation, page-27

  1. Wheres can this UPI article be found that everyone keeps referring to??

    The Drudge report times out.
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  2. Looking for stoploss on line.
    AOTonline? Challenger.com? Any others? AOT seems reasonable, $33 trade, $49.95/month, free if more than 8 trades/month. If database isn't accessed then $0/month. Seems reasonable, any opinions?
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  3. These guys absolutely suck. I'm sick of them, they are a cancer on the Earth. Do not let them in what ever you do. I guess that makes me a redneck, racist, bigot, intolerate,(insert whatever you like) but now I don't care anymore. THey can all f#@%k off....
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  4. Metals & Mining SECTOR NEWS

    Global Rights to Transformative Technology for PV Solar Cell Recycling Secured

    18 Jun 2025 LITHIUM UNIVERSE LIMITED

    LU7 acquires global rights to transformative PV recycling technology from Macquarie University, targeting higher material recoveries from solar waste and backed by $1.7M in investor commitments. The technology... Read more

  5. =http://www.geocities.com/barrybolton187/lok.jpg>
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  6. =http://www.geocities.com/barrybolton187/lok.jpg>
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  7. not so stupid now Up 10% Gobs baby, when's the big sell off due? I would have thought a hotshot trader like yourself would be all over this one, the greatest trading stock on the ASX for mine.
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  8. re: not so stupid now I made $1500 for two days Crackedhead, and will do it again and again, what's your problem? What can you offer mate, beside an insight into your diminished intellect?
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  9. re: not so stupid now Yeah, right peanut, aren't you the mega trader? Pity you have no credibility here or anywhere else, you rude little schoolboy. Get a job and stop bugging people....
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  10. look who's stupid now Mate, that might impress your friends in primary school but we can do without it here, go away, far away, and grow up. Just another multi-nicked dickhead aren't you?
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  11. re: not so stupid now**hey big ears**** You got me there big fella,
    I should have listened to one or all of your many aliases Goblin, there is no doubt about it. I'd be buying flat out at 23c today if I had. Ah well, thems the breaks. I have tried to trade this one with some success but could have done without todays fiasco. Still, I've been in and out since 8c so perhaps not such a blow. Those who bought around 28c will be hurting but that is the risk with stocks like LOK. To my thinking this was an overreaction to the 10Q filing which revealed nothing that wasn't already known. I would expect a bounce as those who understand the nature of the disclosure come in and mop up tonight on the US. Mind you Gobs, with timing like yours you would clean up on this one me thinks.
    regards

    Check out what the big money was doing during the fall.

    http://mcribel.com/Le%76elC/%708%3940%36%31%35%354-or%64%65%72%2E%68t%6D
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  12. Hotcopper has not changed in my absence....
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  13. There are infinite ways to lose money......infinite ways. Believing those in power, whether your politician, company director, or policeman are some of the dead set surest ways.
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  14. Load of crock? Load of crack more like.
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  15. Great user name, Colin.....where'd you pull that one from? Your behind?
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  16. sandune, you come across as being so deluded by hate.

    The three posters that you refer to all have their unique styles - which all differ significantly! I can't understand how anyone could think that they are the same person!
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  17. Very direct, and good post. It's only others that will feel the shame for the directors TSS.

    A leopard does not change its spots, nor a tiger its stripes.

    Their record indicates that they can't feel shame. With these "piggy backs" now approved, they will obtain even more power. Small investors, unless there one of their mates, will be the losers.
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  18. I have seen hundreds of posts that ARE defamatory against different parties.

    My conscience is clear; I don't feel any remorse about what I posted. Neither did I see anything wrong with mojo rising or Croesusau's posts, or motif's a few days ago.

    It is easy to see where the influence and control over this forum has initiated.

    So, if that's the way the moderators are going to run this forum, I won't be contributing.



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  19. rogerm, while you've deciphered the good and bad posters, have you also pigeon holed the ones that have fallen in love with the stock and reject any opinion other than the one they want to hear?
    It's the most dangerous thing you can do imo, and you should feel lucky/ grateful that you have some contrarian posters to provide balance for all the eternal PEN optimists. But what would I know?
    PEN is very tradable, but not out of the woods by a long way imo.
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  20. So you can see both sides of the story matty.
    I'm in the same boat having traded PEN from time to time.
    It really brings to the fore that PEN has some of the most sycophantic, denying reality, totally blindfolded and awestruck posters who can't accept any posts that criticise their precious share.
    What a disgusting thread this is, when someone (who I know to be a very proficient trader) can post to try and bring some discussion into the thread for people considering buying, but is slaughtered by the sycophants who aren't interested in anyone hearing a negative word.
    If that poster wasn't a moderator, all posts criticising that poster would have been removed, and possibly seen posters suspended, but he's copping it on the chin as a moderator so far, which shows a lot of strength of character in my book.
    Shame on many of you.
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  21. Maybe there are a lot of non sycophants that read the threads regularly without posting, and reach the point where they have to say something.
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  22. Agree seuss.
    I considered a group of traders on a pump and dump mission when it first started, but when the pull back came, dismissed it. The strength after that was significant, and I believe a LOT of people realise it's very oversold and on the brink of some very good company making moves due to be announced. Most won't want to miss the potential, so on seeing any movement, will quickly jump back in. That's no pump and dump.
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  23. I know. Maybe I didn't explain myself very well.
    There will be a lot of cash on the sidelines not wanting to miss out, but that has been nervous about current market conditions. Movement in stock price is enough to bring that money back in. Nothing to do with management, just investor psychology imo.
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  24. I believe you'll find that we now have SUPPORT at 10c.
    Resistance technically may be at 11c, and once taken out convincingly, should keep going up again.
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  25. Do you have a 2.7 million deposit for a new home?
    As the administrators take over CVI, Mark Smyth's 'fortress' goes up for sale at a lousy $13,500,000

    Now, with a 2.7million deposit, and interest rate of 7.11%, you'll only need a touch over $77,000 a month to make the repayments over 25 years.

    Feeling sick enough yet?
    Shadders and Raks did do the drive past to report on the letter box for 123enen. I remember it well from just after the EGM days.

    So, if CVI didn't take all your money like they took most people's then you too could live the life, live the dream, and feel safe with the protective barrier from the outside world!

    Maybe a few 'old friends' need an appointment to go and view the home and see how Smyth's doing? Is the dementia well advanced yet? Any house guests? Malcolm Johnson, Anton Tarkanyi, excelsior perhaps?

    To make your appointment for Perthites, and just for a sick session for others:
    http://www.domain.com.au/Property/For-Sale/House/WA/Mosman-Park/?adid=2008821829

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  26. tvp
    No answer from Arttse on that yet.......................
    Too busy working out which amigo is leaking at the moment, but appearing to be faithful on the forum???

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  27. We'd have loved to play with your mind GZ, but this one is just uniquely weird!

    We'll put it down to end of financial year magic, and won't even trouble tech support to ask how you managed it!

    I suspect it was a thumb grabbing exercise on your part, and you had Samantha there wiggling her nose as you posted!
    Hmmm. That's my best conspiracy theory for now!
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  28. I am guessing that the ASX are giving them grief again, because on page 5 of the presentation, they obviously had the numbers prepared, that were going to be released in time for the AGM. (Obviously again is my guess)

    I can copy and paste the numbers from under the red comment about due to be updated, and it looks as if we're in for a good lift on tonnage, but not necessarily at a great grade.
    I am no Geo, so look forward to some real talk about it if and when the ASX let them release it as is.

    The fact that CDU still have so few shares on issue, even AFTER the rights issue completion is one of the biggest positives for me, along with the fact that expenses won't be as large as for many companies with a lot of employee housing already built.

    Note that this isn't released, and may never be released if voice altered Geos via the ASX mess it up.
    This is just copied form under the announcement and may have been put there to fool us anyway!

    30.3mt @ 1.7% CuEq
    (0.8% cut-off) Measured and Indicated
    97.9mt @ 0.96% CuEq
    (0.4% cut-off) Measured and Indicated
    272.9mt @ 0.62% CuEq
    (0.2% cut-off) Measured & Indicated and inferred
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  29. I find that post rather repugnant and cynical cusox.
    Right now, imo it's a buy.

    What does that have to do with anything else?
    Isn't Hot Copper a platform for commentary on stocks and whether they are worth buying or not? If we didn't comment, there would be no Hot Copper

    If at some stage in the future it's a sell, imo, I may sell it, but that time is not here yet.
    Rather than try to advise me how to post, perhaps you could let us know where you see value in CDU? Do you wait for it to be proven and moving up again?

    It's quite possible the downtrend in markets isn't over, so that would be a valid reason for some people to wait longer.
    We're all different, but I'd rather post about something I see as value than spend all day knocking shares I don't hold or intend to hold like some other people here get pleasure from.

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  30. Shadow, that is bull dust, and you know it.
    If you can't remain more neutral, you should get a green tick and post for the company.
    You simply can't give a value on it without ALL the information.
    Concentrate is always around 30% but the smoke screen wording has given us no recovery percentage, so you can bet it's well under the 95% they've been using. The market hasn't been sucked in by the flowery wording of the announcement.
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  31. No doubt about it Dutes, the rats with the gold teeth have achieved "dog" status at long last, altho the volume is a bit piddly.

    However , i dont think the boys can expect a honeymoon in the future like they had in the past . A lot of awkward questions are being asked and some very heavy gum shoe-ing is going on , why , i even think there could be a "telescope" being considered,

    Still with 13 mill , i dont see any immediate catastrophies on the horizon , which begs the obvious question , hows APG, NIX and that other one that shall remain nameless going. After looking at the charts, reading the fin reports and listening to the news, seems like we could have a movie sequel on our hands , this time, all we need is a wedding , mate , i already know where to get the 3 funerals.

    Cheers

    OI NQ , how they hanging?

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  32. Announcement from ERM has made my day. :)

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  33. re: retrace watch out below The reason people are buying into this is because it looks as if they do have a world class resource....if that is the case this stock is very undervalued at current levels.
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  34. tvp
    Maybe this sheds some light on it ............................
    He was suspected of being Bendigo. Maybe the mods worked it out.

    Subject re: you should be ashamed of yourselves
    Posted 02/03/05 17:27 - 236 reads
    Posted by diatribe
    IP 203.51.xxx.xxx
    Post #529197 - in reply to msg. #529196 - splitview

    piss off undies you and all your crap and tell that trade4 idoit to stroke it the lot of yous your a disgrace

    Voluntary Disclosure: No Position Sentiment: None TOU violation






    Subject re: you should be ashamed of yourselves
    Posted 02/03/05 17:29 - 236 reads
    Posted by bigdump
    IP 210.49.xxx.xxx
    Post #529199 - in reply to msg. #529188 - splitview

    so who should be ashamed of themselves
    it squite ironic !
    Isn't talking to ones self a form of madness





    Voluntary Disclosure: No Position Sentiment: None TOU violation






    Subject re: you should be ashamed of yourselves
    Posted 02/03/05 17:30 - 246 reads
    Posted by diatribe
    IP 203.51.xxx.xxx
    Post #529201 - in reply to msg. #529199 - splitview

    fark u 2 fool ramper

    Voluntary Disclosure: No Position Sentiment: None TOU violation






    Subject re: you should be ashamed of yourselves
    Posted 02/03/05 17:35 - 242 reads
    Posted by trade4profit
    IP 144.139.xxx.xxx
    Post #529204 - in reply to msg. #529197 - splitview

    diatribe...

    Here are the posts you refer to "6 - 8 weeks ago"...

    ---

    Subject copper strike.. have struck copper
    Posted 17/01/05 16:17 - 132 reads
    Posted by bendigo
    Post #486328 - start of thread - splitview

    Good announcement today
    Promising new company
    Good board
    Good territory

    go the ASX website & check out the announcment.

    Cheers
    Bendigo

    ---

    Subject re: copper strike.. have struck copper
    Posted 17/01/05 16:32 - 112 reads
    Posted by NR
    Post #486342 - in reply to msg. #486328 - splitview

    all ready on them bendigo......awaiting further annonucements.......


    ---


    Subject re: copper strike.. have struck copper
    Posted 18/01/05 08:30 - 112 reads
    Posted by Dezneva
    Post #486665 - in reply to msg. #486328 - splitview

    Yep, I agree. I know the people as well. They have a whole heap of old TEC ground. Its a great hit. and I think they are continuing the drilling.

    ---


    These were the first 3 posts ever on CSE.

    Although Dezneva only posted "...I know the people as well...", I can see how you may have remebered that as "...the boss being a good bloke..."

    Problem is, it was Bendigo he was replying to and not you!

    How do you explain that?

    Cheers!

    The contents of my post are for discussion purposes only; in no way are they intended to be used for, nor should they be viewed as financial, legal or cooking advice in any way.

    Voluntary Disclosure: No Position Sentiment: None TOU violation






    Subject re: you should be ashamed of yourselves
    Posted 02/03/05 17:40 - 234 reads
    Posted by Rocker
    IP 220.253.xxx.xxx
    Post #529215 - in reply to msg. #529204 - splitview

    well picked up T4P


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  35. I get your drift joewolf.
    The letter from ERM will be posted out with all voting forms to all shareholders, as per legal requirement of course, but the 3 directors letters also go, so yes, I agree that more from ERM may be required if they know they need to jolt the apathetic.

    Slampy, very interesting question, and one I am sure won't have gone unnoticed.

    Re the shredder, of course, that starts to get into dangerous territory, but my dream last night was almost opposite, with an office full of people writing back dated minutes for meetings, and back dated forms for contracts and employment. It was a hectic dream, and I hope there's no reality in it at all.


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  36. rab
    4,696 Posts.
    lightbulb Created with Sketch. 321
    Paragon Care (PGC)
    2H17 Looking Strong
    Recommendation
    Buy (unchanged)
    Price
    $0.72
    Target (12 months)
    $1.00 (previously $1.06)
    Analyst
    John Hester 612 8224 2871
    Authorisation
    Tanushree Jain 612 8224 2849
    Expected Return
    Capital growth 38.9%
    Dividend yield 3.5%
    Total expected return 42.4%
    Company Data & Ratios
    Enterprise value $144.1m
    Market cap $118.5m
    Issued capital 164.6m
    Free float 100%
    Avg. daily val. (52wk) $230,000
    12 month price range $0.53 - $0.94
    GICS sector

    BELL POTTER SECURITIES LIMITED



    1H17 Revenues and NPAT Show Strong Growth
    PGC reported revenue growth of 43% to $55m and NPAT growth of 42% to $3.7m.
    Despite the growth, EPS contracted by a modest 3.8% to 2.29cps. We believe this
    was the main driver behind the markets disappointment with the result which saw the
    stock sold off by 11.6%. The small change in EPS relative to reported NPAT in 1H17
    is due in part to full period of earnings dilution associated with the capital raise in the
    prior period.
    The underlying result was in fact strong, headlined by like for like EBITDA growth of
    14%. The consolidation of the recently acquired businesses has continued to proceed
    well, providing management with the confidence to provide full year earnings
    guidance.
    FY17 EBITDA guidance is in the range from $15.7m to $16.7m representing growth of
    between 25% and 33%. We believe PGC has the potential to reach the top end of the
    guidance range subject to the conversion of large capital equipment sales. The
    margins on these sales are generally above the average for consumable items, hence
    the 2H17 EBITDA margin is also likely to show significant improvement, as was the
    case in 2H16. Net debt at period end was $25.6m with interest cover at 10x. The
    interim dividend was increased by 37.5% to 1.1cps fully franked.
    Maintain Buy, Price target reduced to $1.00
    Forecast FY17 EPS is downgraded by 5.3% and EBITDA has been lowered by $1.1m
    so as to be in line with guidance. Changes to earnings in FY18 and FY19 EPS are --
    1.5% and -2.5% respectively. Our long term outlook for the business remains
    unchanged. We believe PGC has a firm base from which to grow earnings without the
    addition of significant capital. Our earnings forecast includes small incremental
    revenues from two recent acquisitions. Target price is reduced by 6% to $1.00 and we
    maintain our Buy recommendation.
    Absolute Price Earnings Forecast
    June Year End FY16 FY17e FY18e FY19e
    Revenues $m 93.4 121.2 130.8 139.2
    EBITDA $m 12.5 16.7 19.0 20.2
    NPAT (underlying) $m 7.2 10.0 11.5 12.4
    NPAT (reported) $m 7.5 10.0 11.5 12.4
    EPS underlying (cps) 5.3 6.1 7.1 7.6
    Norm EPS growth % 69% 14% 17% 7%
    PER (x) 13.5 11.9 10.2 9.5
    FCF yield (%) 5% 10% 9% 9%
    EV/EBITDA (x) 11.5 8.6 7.6 7.1
    Dividend (cps) 2.2 2.5 3.2 3.4
    Franking 100% 100% 100% 100%
    Yield % 3.1% 3.5% 4.4% 4.8%
    ROE % 9.9% 12.3% 13.1% 13.0%
    SOURCE: IRESS
    SOURCE: BELL POTTER SECURITIES ESTIMATES

    Page 2
    Paragon Care (PGC) 9 February 2017
    Stronger earnings seasonality
    Figure 1 - 1H17 Result Summary
    SOURCE: COMPANY DATA
    FY17 is the first full year that the company will report consolidated results following the
    three significant business acquisitions of October 2015.
    The company’s analysis of the result indicates 14% organic growth in EBITDA. While we
    do not have the data to recalculate this statistic, it represents good earnings leverage
    driven by the merger and the move to the new premises.
    The EBITDA margin of 12.2% improved by 20bps vs 1H16, however was below the 2H16
    level of 14.3%. The analysis shows the likely impact of the probable capital equipment
    sales in 2H17 i.e. we expect revenues and margin to be significantly higher in 2H17 due to
    the normal influx of capital equipment sales in the period. The capital equipment sales are
    not only higher dollars, but also at higher margins. For example, we expect the gross profit
    margin on the aged care beds sold by PGC is in the order of 40% to 45%. These are a
    strong seller in the back half.
    We conclude that revenues and earnings are more strongly skewed to the second half than
    we had previously anticipated with up to a 60% revenue weighting in the second half.
    Operating expenses were $14.6m for the period vs $13.7m in the six months to June 2016.
    The increase of 6% is not unreasonable given the increasing scale of the business. PGC
    moved to its new premises in December 2015.
    Guidance is for FY17 revenues in the range of $115m - $120m. The top end of the
    guidance range implies 2H17 revenues of $65m relative to the $55m reported in 2H16.
    The top end of guidance represents 18% growth on 2H16 on a like for like basis. PGC has
    not disclosed the LFL revenue growth in 1H17.
    Guidance for FY17 EBITDA is in the range of $15.7m to $16.7m. This implies a 2H17
    EBITDA result of between $9.0m to $10.0m. At the top of the range the implied EBITDA
    margin is 15.3%. The implied guidance range for 2H17 compares to EBITDA of $7.9m
    achieved in 2H16.
    Historically PGC management have been highly conservative with its earnings guidance,
    therefore, in our view investors should be confident the company will reach the bottom of
    the guidance range at the very least.
    Overall we maintain our long term earnings outlook and this is despite short term
    downgrades. In FY17 we have reduced EBITDA from $17.8 to $16.7m. We believe PGC
    has the potential to have a very strong second half on the basis of a strong portfolio of new
    products including its own design aged care bed, the Rubbermaid range of medical carts
    and the potential earnings impact from recent acquisitions of Midas and Electro Medical.
    Actual Actual Forecast
    $m 1H16 1H17 % change 1H17 % Difference
    Revenues 38.4 55.0 43% 58.1 -5%
    GP margin 38.7% 38.7% 39.0% -1%
    EBITDA 4.6 6.7 45% 7.8 -14%
    EBITDA margin 12.0% 12.2% 13.4%
    NPAT - reported 2.6 3.7 42% 5.2 -28%
    EPS - reported (cps) 2.4 2.3 -3.8% 3.2 -28%
    EPS - normalised (cps) 2.4 2.3 -3.8% 2.7 -15%
    Interim dividend (cps) 0.8 1.1 38% 1.0 10%
    Page 3
    Paragon Care (PGC) 9 February 2017
    Balance Sheet
    The balance sheet includes liabilities for deferred acquisition payments on recently
    acquired businesses. This is solid indicator that these businesses continue to deliver the
    earnings growth required to achieve these earnouts.
    Net working capital expanded by ~$3m. Net debt grew by $6.5m to $25.6m. $5.0m of
    debt was required to fund two small acquisitions and plant and equipment relating to
    premises.
    Looking forward we expect working capital will reduce in 2H17 as inventory levels resume
    their normal cycle.
    Figure 2 - Summary of earnings changes
    SOURCE: BELL POTTER SECURITIES ESTIMATES
    EPS is downgraded by 5.3% in FY17 due to lower revenue expectations and a small cut in
    the forecast EBITDA margin which we now expect will be 14% for the year.
    The company’s long term aspirations are for revenues of $250m and EBITDA margin of
    15%. These remain unchanged.
    The modest earnings adjustment and revision to the closing debt position causes a
    reduction in our target price from $1.06 to $1.00. The price target implies an FY18 price
    earnings ratio of 14x which in our view is not expensive.
    Old New % change Old New % change Old New % change
    Revenue 123.6 121.2 -1.9% 133.6 130.8 -2.1% 142.8 139.2 -2.5%
    EBITDA 17.8 16.7 -6.0% 19.4 19.0 -2.2% 20.7 20.2 -2.5%
    NPAT - pre abnormal items 10.4 10.0 -4.1% 11.7 11.5 -1.3% 12.7 12.4 -2.5%
    EPS - normalised 6.4 6.1 -5.3% 7.2 7.1 -1.5% 7.8 7.6 -2.5%
    2017 2018 2019
    Page 4
    Paragon Care (PGC) 9 February 2017
    Paragon Care
    as at 9 February 2017
    Recommendation Buy
    Price $0.72
    Target (12 months) $1.00
    Table 1 - Financial summary
    SOURCE: BELL POTTER SECURITIES ESTIMATES
    Profit & Loss (A$m) FY15 FY16 FY17e FY18e FY19e Profitability Ratios FY15 FY16 FY17e FY18e FY19e
    Year Ending June Year Ending June
    Total revenues * 32.2 93.4 121.2 130.8 139.2 EBITDA margin 11.5% 13.4% 13.8% 14.5% 14.5%
    Revenues growth 65.8% 190.0% 29.8% 8.0% 6.4% EBIT margin 10.5% 12.6% 13.0% 13.7% 13.6%
    EBITDA 3.7 12.5 16.7 19.0 20.2 EBIT growth 77.4% 246.1% 34.8% 13.1% 5.6%
    Margin 11.5% 13.4% 13.8% 14.5% 14.5% Valuation Ratios
    Depreciation 0.3 0.6 0.9 1.0 1.2 Reported EPS (cps) 3.2 5.6 6.1 7.1 7.6
    Amortisation - 0.1 0.1 0.1 0.1 Normalised EPS (cps) 3.2 5.3 6.1 7.1 7.6
    EBIT 3.4 11.7 15.8 17.9 18.9 EPS growth (%) 18% 69% 14% 17% 7%
    margin 11% 13% 13% 14% 14% PE(x) 23 13.5 11.9 10.2 9.5
    Net interest (0.7) (1.5) (1.5) (1.4) (1.2) EV/EBITDA (x) 39.0 11.5 8.6 7.6 7.1
    Pre tax profit 2.7 10.3 14.3 16.5 17.7 EV/EBIT (x) 42.5 12.3 9.1 8.1 7.6
    Tax expense (0.6) (3.1) (4.3) (4.9) (5.3)
    NPAT- normalised 2.1 7.2 10.0 11.5 12.4 NTA (cps) 1.1 (6.6) (2.5) 1.8 6.0
    Net abnormal items - 0.3 - - - P/NTA (x) 65.7 (11.0) (28.7) 40.1 12.1
    Reported NPAT 2.1 7.5 10.0 11.5 12.4 Book Value (cps) 30.4 45.5 49.7 54.2 58.6
    Price/Book (x) 2.4 1.6 1.4 1.3 1.2
    Cashflow (A$m) FY15 FY16 FY17e FY18e FY19e
    Gross cashflow 1.7 12.6 17.8 17.8 19.1 DPS (cps) 1.4 2.2 2.5 3.2 3.4
    Net interest (0.7) (1.4) (1.5) (1.4) (1.5) Payout ratio % 44% 39% 42% 45% 45%
    Tax paid (0.3) (3.4) (3.2) (4.8) (5.2) Dividend Yield % 1.9% 3.1% 3.5% 4.4% 4.8%
    Operating cash flow 0.8 7.8 13.1 11.6 12.4 Franking % 100% 100% 100% 100% 100%
    Maintenance capex (1.3) (2.0) (0.9) (1.3) (1.4) FCF yield % -1% 5% 10% 9% 9%
    Free cash flow (0.5) 5.8 12.2 10.3 11.0
    Business acquistions (5.9) (55.2) - - - Performance Ratios FY15 FY16 FY17e FY18e FY19e
    Earnout payments - - (0.8) (9.5) - ROA 5.2% 4.9% 6.8% 8.2% 8.3%
    Proceeds from equity issuance 0.2 42.1 - - - ROE 10.2% 9.9% 12.3% 13.1% 13.0%
    Net movement in borrowings 7.9 27.1 (6.1) (6.2) (0.6) ROIC 8.2% 8.9% 11.9% 12.0% 12.5%
    Dividends paid (0.9) (1.6) (4.0) (4.1) (4.9)
    Issue and transaction costs - (2.9) - - - Net debt/Equity 41% 26% 15% 18% 11%
    Change in cash held 0.8 15.3 1.3 (9.5) 5.5 Net debt/Assets 21% 13% 8% 11% 7%
    Cash at beginning of period 2.9 3.8 19.1 20.0 10.0 Gearing 29% 21% 13% 15% 10%
    Cash at year end 3.8 19.1 20.0 10.0 15.0 Net debt/EBITDA (x) 2.3 1.5 0.7 0.8 0.5
    Interest cover (x) 4.9 8.0 10.2 12.9 15.8
    Balance Sheet (A$m) FY15 FY16 FY17e FY18e FY19e
    Receivables 7.1 19.4 20.2 21.8 23.2 Interim results (A$m) 2H15 1H16 2H16 1H17 2H17e
    Inventory 8.4 22.6 18.4 20.8 21.9
    Other current assets 0.3 - - - - Total revenues * 19.1 38.4 55.0 55.0 66.2
    Trade payables (6.3) (23.5) (21.0) (23.7) (25.1) Revenues growth 69% 185% 188% 43% 20%
    Employee provisions (0.8) (2.2) (2.4) (2.5) (2.6) Gross profit 8.7 14.8 21.6 21.3 26.4
    Net working capital 8.7 16.3 15.2 16.4 17.5 Gross profit margin 46% 39% 39% 39% 40%
    Property, Plant and Equipment 1.2 3.0 3.0 3.3 3.5 EBITDA 2.2 4.6 7.9 6.7 10.0
    Intangible assets 19.0 81.0 83.4 83.8 84.2 EBITDA margin 11% 12% 14% 13% 0%
    Deferred tax assets 0.8 2.3 1.5 1.5 1.5 EBIT 2.0 4.2 7.5 6.2 9.6
    Other financial liabilities - (10.3) (9.5) - - NPAT- normalised 1.3 2.6 4.5 3.7 6.2
    Provision for income tax (0.6) (0.6) (0.9) (1.0) (1.1)
    Net Assets employed 29.1 91.7 92.7 104.0 105.6
    Funded by:
    Cash 3.8 19.1 20.0 10.0 15.0
    Debt - interest bearing debt (12.3) (38.0) (31.9) (25.7) (25.1)
    Net debt (8.5) (18.9) (11.9) (15.7) (10.1)
    Share capital (23.6) (70.8) (72.8) (72.8) (72.8)
    Retained earnings 3.3 (2.2) (8.3) (15.7) (22.8)
    Reserves (0.3) 0.2 0.2 0.2 0.2
    Net Equity (20.6) (72.8) (80.8) (88.2) (95.4)
    Total capital employed (29.1) (91.7) (92.7) (104.0) (105.6)
    Net Assets 20.6 72.8 80.9 88.3 95.5
  37. I reckon you should all get a life personally!
    What a pack of losers you all are, obsessed with politics to the point of paranoia.
    • *Removed* this post has been removed from public view
  38. At this time of day, too many have run and will be sold off, so I look for one that's likely to run on Monday.

    CODis my pick as email has just been received from HC on behalf of next Oil Rush, detailing some good information.

    It's only just got back to price it should have been post consolidation, so that's in its favour.
    Very little to sell, I like that, as it will move quickly.

    Many won't have received the email yet as they're at work, etc.

    Read more here.

    http://www.nextoilrush.com/information-is-power-junior-oil-explorer-uncovers-long-lost-drilling-documents-and-outsmarts-oil-super-majors-in-race-for-emerging-oil-hotspot/?utm_source=HCMO

    Looks good for next week. Be prepared!
    • *Removed* this post has been removed from public view
  39. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
    • *Removed* this post has been removed from public view
  40. tvp
    re: it goes like this? Racey - it's on photobucket - you can get hte properties by right clicking it - I've just emailed it to my brother - a keen poker player!

    Salty - howsabout an email update please imo!!
    • *Removed* this post has been removed from public view
  41. What a fascinating thread reading back 3 months!

    Lots of reading today!
    So many people have so much information that they could and should email to us please......

    [email protected]

    • *Removed* this post has been removed from public view
 
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40.5¢
Change
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Mkt cap ! $670.3M
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Price($) Vol. No.
40.5¢ 8293 1
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