FLX 0.00% 17.0¢ felix group holdings ltd

technical notes

  1. Ya
    6,809 Posts.
    lightbulb Created with Sketch. 3829
    I guess we shall find out in couple of weeks time who outbids the rest for Felix. In the meantime, worth revisiting some tech bits from the recent quarterly,

    Summary:
    Current Share Price: $16.98
    Shares issued: 196.33m
    Mkt Cap: $3333.6m
    52 wk high: $23.28
    52 wk low: $5.07

    Revenue:
    Current Coal Production: 4.61mT (up 24%)
    Profit b4 tax: $254.3m (up 411%)
    NPAT: $188.5m (up 300%)
    Cash: $300m
    Debt & Equipment Leases: $91m
    Gearing Ratio: 14%

    JORC
    Measured Resource: 428.5mt (out of 77.9mt)
    Total Resource: 1.3bt (out of 2bt)

    Proved Reserves: 125.4mt (out of 167mt)
    Total Reserves: 368.5 (out of 483.1mt)

    Assets:
    4 Operating mines
    2 Development projects in the pipeline
    4 Exloration projects in the pipeline
    2 Ports (plus 1 more to come)
    34 major customers in Australia
    Clean coal project

    They plan to produce 16.7 mtpa coal by 2012, at $150/t that's a revenue of $2505 billion which is 9.8 times the Profit (pre-tax) Felix have had this year ($254.3m).

    I haven't seen an analyst valuation yet, if any of you have do care to post a link here.

    cheers
 
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