ferrets stock to watch: sai global limited

Ferret's Stock to Watch: SAI GLOBAL LIMITED
08:50, Friday, 11 August 2006

A COMPANY KEEPING TRACK OF LOCAL STANDARDS FOR BUSINESS

Sydney - Friday - August 11: (RWE Aust Business News)
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OVERVIEW
********

What better time to prepare the market for a significant parcel
of shares coming out of escrow in a little over a week's time as SAI
Global Ltd (ASX:SAI) announces an impressive profit result and lift in
dividend for the year to June 30.

The disclosure was reported to the ASX on the same day as
earnings figures.

A statement from the company said that on August 21 the
following escrowed shares will be released from voluntary escrow in
accordance with the provisions of Escrow Deed Polls dated May 19, 2005.

The number of shares were shown to be held by Clencourt Pty Ltd,
holding 5,609,240 shares as trustee for the Schascas Unit Trust and
Miminella Nominees Pty Ltd holding 3,999,040.

Yesterday SAI Global lifted net profit 20.7 per cent to $14.04
million in the year ended June 30 from $11.63 million.

Revenues rose 50.2 per cent to $160.21 million from $106.66
million and reported EBITDA rose 56.2 per cent to $30.06 million from
$19.24 million.

Earnings per share were up 8.7 per cent at 12.5c while underlying
cash EPS rose 36.2 per cent to 17.3c.

Final dividend has been increased from 5c to 5.4c, fully franked,
payable on September 21 to shareholders registered on August 25
with an ex-dividend date of August 21.

Total payout for the year is 10.4c, up from 9.2c.

The dividend reinvestment plan will be available, with the
shares to be purchased on market at no discount.

Chairman George Edwards said: "This has been a year of
significant growth for SAI Global and the company has continued to
improve its profit and dividends, based on organic growth and
acquisitions.

"We plan to continue to build our global reputation by increasing
our global reach and developing a critical mass in each geographic region
in our publishing, compliance and assurance businesses, supported by
professional services."

Chief executive Ross Wraight said: "Our business strategy is
being executed, delivering solid financial outcomes.

"SAI Global has grown revenue and profit strongly since listing
in December 2003.

"These results correlate directly with our strategic intent to
build a global company.

"We have now established SAI's key business capability in
Europe, North America and Australia and made good progress in the
high-growth Asian region," Mr Wraight reported.

Ongoing solid demand for SAI Global products and services in
Australia and overseas is expected, with revenue and profit growth to
continue. More acquisitions are likely.

Revenue growth in excess of 25 per cent is expected, which
should translate to an increase in net profit of more than 30 per cent,
but with a second-half bias.

SHARE PRICE MOVEMENTS
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Shares of SAI Global yesterday rose 12c to $3.25. Rolling high
for the year has been $3.52 and low $2.58. Dividend is 10c to yield 3.08
per cent. Earnings per share is 11.6c while p/e ratio is 28.02. The
company has 143.2 million on shares with a market cap of $448.2 million.

Last month, SAI Global distinguished itself in being approved by
United Kingdom Accreditation Service (UKAS) to provide accredited
certificates to its assurance clients in the Britain.

The accreditation comes following its recent acquisition of
Central Certification Services.

Accreditation through the United Kingdom assurance regulator
follows an extensive assessment of SAI Global's operations demonstrating
the competence, impartiality and performance capability of SAI's
auditors.

SAI Global continues to integrate its acquired assurance
businesses around the world and according to Mr Wraight, UKAS
accreditation is recognition of the ongoing success of this process.

"This achievement means that the personnel, systems, procedures
and records viewed indicate that SAI's activities from the UK office are
in compliance with the requirements of the accreditation standards," Mr
Wraight declared.

BACKGROUND
**********

SAI Global Ltd was listed on the Australian Stock Exchange in
December 2003.

The company provides standards, compliance and business
improvement solutions to help companies comply with the requirements
that shape their business world.

SAI Global is the source for global technical content such as
standards and legislation.

Its services include:

* Logicom - Search more than 150 million items in its military
parts and logistics database.

* Standards Infobase - Access to more than one million
engineering standards, specifications and directives.

* Eurolaw - Find the full text of European Union treaties,
directives and regulations.

* Metals Infobase - Search for metal grades, standards and
suppliers.

* StandardsWatch - Track and monitor more than 120,000
standards.

* Standards Online Select - Access the standards you need.

* Regulatory NewsFeeds - Track and monitor developments in the
law.

* Webshop - Download the standards you need.

SAI helps companies comply with standards, technical &
legislative requirements.

These include Sarbanes-Oxley, Basel ll, Anti-money laundering and
CLERP 9 compliance.

SAI Global helps clients tackle: business ethics; fraud and
corruption control; privacy and data protection; anti-money laundering;
information security legislative compliance and financial compliance.

It also covers training and awareness solutions include such as:

* LAWLEX - Track and monitor risk and compliance across your
business;

* Easy i - Train employees and monitor their ongoing learning
needs;

* Learning Management System (LMS), OCCAM - deliver and manage
compliance training;

* Empower company employees through training around business
professionals around the world every day.

It helps a company to understand, implement and manage business
systems and processes through its education and training solutions in
areas such as quality environment; workplace safety, food safety,
information security and lead auditing.

Public courses, seminars, workshops, instructor-led and in-house
programs are tailored to a client's business.

SAI Global also offers a unique training service around business
improvement methodologies such as Six Sigma.

SAI Global's expert auditors independently assess your business
processes to help you drive improvement.

The company provides independent assessment, certification and
registration services, offering one of the most widely recognisable
symbols of excellence and assurance, the "five ticks" StandardsMark.

This mark of quality is licensed to companies and products that
have met the rigorous requirements of management systems or product
standards.

It offers sustainable business performance delivered by people
working together as a great team in the interests of customers,
shareholders and the community.

ENDS