Share
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08/02/15
00:26
Share
You can never read the minds of high profile people. Actual motive is to build the company with shareholders profit in mind or to dilute the shares to such value that individual shareholder will not make any money---you cant make that judgement I guess unless you are a mind reader. When the company share was $2.7 then the market cap was approx. 280 Million, now share is @0.8 c and market cap is 31 Million and off course number of shares is quite high as compared to 2007.......lets say the company does few good things in future and market mood changes from being close to disaster to going in +ve direction a move from 1c to about 10 c is quite within reach because 10c is still cheap but that dip because of BHP kick out would recover.......we can only speculate off course with the info in hand......time will be the true test....
{caption}Company Historicals {/caption}
1
Per Share Statistics
2005/06
2006/06
2007/06
2008/06
2009/06
2010/06
2011/06
2012/06
2013/06
2014/06
2
Sales ($)
0.00
0.76
1.23
1.27
1.27
1.21
0.65
0.39
0.22
0.01
3
Cash Flow (cents)
0.0
-2.5
1.1
4.3
3.5
7.4
-0.2
-2.3
-1.3
-1.1
4
Earnings (cents)
0.0
5.4
5.6
4.8
-6.9
3.9
-7.0
-3.3
-6.7
-0.4
5
Dividends (cents)
0.0
2.1
2.8
3.5
0.0
0.8
0.0
0.0
0.0
0.0
6
Franking (%)
--
100
100
100
--
100
--
--
--
--
7
Capital Spending (cents)
0.0
-2.7
-5.6
-8.0
-1.5
-1.8
-0.9
-1.1
-0.4
-0.0
8
Book Value ($)
0.55
0.27
0.46
0.61
0.29
0.29
0.21
0.09
0.00
0.00
9
Shares Outstanding (m)
52.3
176.9
268.0
341.8
350.3
507.0
507.0
933.9
933.9
3,127.7
10
Avge Annual PE Ratio(%)
--
11.4
14.6
17.0
0.0
4.5
0.0
0.0
0.0
0.0
11
Relative P/E (%)
--
82.2
99.4
108.9
0.0
35.2
0.0
0.0
0.0
0.0
12
Total Return (%)
--
0.0
58.8
-52.0
-85.5
126.2
-52.2
-31.7
-73.4
-16.3
13
+/- Market (%)
--
0.0
28.5
-39.9
-63.3
112.4
-64.4
-24.6
-94.0
-33.9
14
+/- ASX sector (%)
--
--
--
--
--
--
--
--
--
--
15
Net Interest Cover
--
22.31
7.59
14.27
-3.90
6.29
-15.19
-68.08
232.71
-131.55
16
Net Gearing (%)
-61.9
-17.8
-10.4
28.6
69.9
11.9
39.4
-24.1
-643.8
59.3
17
Debt/Equity (%)
16.7
11.5
23.6
38.6
87.4
24.9
39.4
3.0
89.2
786.1
18
NTA
0.25
0.48
0.80
0.53
0.25
0.38
0.30
0.07
0.00
0.00
19
Market Cap (m)
120
280
163
22
73
33
42
11
31
20
Dividend Yield (%)
--
3.1
2.7
7.4
0.0
5.7
0.0
0.0
0.0
0.0
{caption}Historical Financials {/caption}
1
2005/06
2006/06
2007/06
2008/06
2009/06
2010/06
2011/06
2012/06
2013/06
2014/06
2
Revenues (m)
0.0
79.7
230.8
405.9
441.7
520.8
331.6
272.4
204.8
24.4
3
Operating margin (%)
--
10.5
11.0
10.0
-2.3
8.4
-10.1
-6.7
-21.3
-57.0
4
Depreciation (m)
0.0
-0.6
-7.7
-10.2
-15.6
-16.4
-14.6
-5.6
-3.6
-1.5
5
Amortisation (m)
-0
-1
-1
-1
-1
-0
-0
6
Income tax rate (%)
--
22.7
27.2
30.0
8.5
22.3
31.9
7.3
-22.3
10.4
7
Net Profit Before Abnormals (m)
0.0
5.7
10.4
15.4
-24.1
16.8
-35.6
-23.3
-62.2
-13.9
8
Net Profit (m)
0.0
5.7
10.4
25.5
-106.0
16.8
-35.6
-54.8
-84.4
-21.4
9
Employees (thousands)
0.0
0.4
0.9
1.2
0.0
0.0
0.0
0.0
0.0
0.0
10
Long term debt (m)
0.0
1.9
16.0
50.1
22.4
21.1
16.9
0.1
0.3
0.2
11
Shareholders Equity (m)
29.0
47.1
124.5
209.6
100.8
147.6
107.8
87.1
2.3
0.6
12
Return on capital (%)
12
9
7
-15
12
-27
-26
-2,357
-1,604
13
Return on Equity (%)
0.0
12.0
8.4
7.4
-23.9
11.4
-33.0
-26.8
-2,666.1
-2,198.0
14
Payout Ratio (%)
39
51
74
21
15
Return on Investments(%)
0.0
12.0
8.4
7.4
-23.9
11.4
-33.0
-26.8
-2,666.1
-2,198.0
16
EBITDA (m)
0.00
8.38
25.27
40.41
-10.02
43.46
-33.48
-18.33
-43.53
-13.92
17
EBIT (m)
0.00
7.76
17.53
29.74
-26.67
25.59
-48.95
-24.78
-47.47
-15.52
{caption}Capital Structure ($ 000s) {/caption}
1
2
Total Debt
4,984
Interest: $245.0
3
Long Term Debt
224.0
(26% of capital)
4
Preferred Stock
0.00
5
Shareholders equity
634.0
(0.00 of capital)
{caption}Balance Sheet ($ 000s) {/caption}
1
2012
2013
2014
2
Cash Assets
23,597
17,095
4,608
3
Receivables
48,736.0
12,507.0
990.0
4
Inventory
952.0
308.0
150.0
5
Others
28,822
14,887
3,474
6
Total Current Assets
102,107
44,797
9,222
7
Account Payable
50,914
39,588
5,506
8
Debt Due
2,468
1,782
4,760
9
Others
13,110
7,476
3,973
10
Total Current Liabilities
66,492
48,846
14,239
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