FEBRUARY 2015 MEDIA SECTOR REPORT
|
|
|
- Caitlin Snow
- 7 years ago
- Views:
Transcription
1 FEBRUARY 2015 MEDIA SECTOR REPORT Executive Summary The Digital Media Sector closed up 1.0% at the end of February Corporate Travel Management (33.2%) and Webjet (33.6%) were the stand out performers. STW Communications continued to lose ground, down 23.4% for the month. Average EV/EBITDA multiples finished down from January (16.6x) at 15.7x M&A Summary Melbourne IT Ltd. Signed a share purchase agreement for Uber Global Xero Limited announced that is has entered into a private placement with Accel Partners and Matrix Capital Management to raise NZD 147.2m The Technology Services sector closed up 40.35% with Xero leading the way at 63.7% off the back of a NZD147.2m private placement. Average EV/EBITDA multiples finished at 17.1x LTM EBITDA. INDEXED SHARE PRICE PERFORMANCE 45.00% 40.00% Last Month 35.00% 30.00% 25.00% 20.00% 15.00% 10.00% 5.00% 0.00% 5.00% 02 Feb Feb Feb Feb % Last Twelve Months 20.00% 10.00% 0.00% 10.00% 20.00% 30.00% 40.00% 50.00% Feb 14 Apr 14 Jun 14 Aug 14 Oct 14 Dec 14 Feb 15 VALUATION PERSPECTIVES (EV/EBITDA) 19.0x Last Month 21.0x Last Twelve Months 17.0x 19.0x 15.0x 17.0x 13.0x 15.0x 13.0x 11.0x 11.0x 9.0x 9.0x 7.0x 02 Feb Feb Feb Feb x Feb 14 Apr 14 Jun 14 Aug 14 Oct 14 Dec 14 Feb 15 EAC Partners has constructed a market capitalisation weighted index for the Mining and Oil & Gas Services, Construction and Maintenance and Engineering and Construction Management sub sectors: The charts shown are the indexed share price performance for the constituent companies of the EAC coverage group and the ASX200 Industrials Index. ASX 200 Media (Industry Group) Digital Media Sector Technology Services 1
2 CONSTITUENTS Digital Media Sector Ticker Closing Price Monthly Movement Beyond International Limited BYI % carsales.com Limited CAR (2.8%) Corporate Travel Management Limited CTD % Flight Centre Travel Group Limited FLT % Melbourne IT Ltd. MLB 1.34 (2.2%) Mobile Embrace Limited MBE 0.17 (10.8%) Moko Social Media Limited MKB 0.15 (3.2%) REA Group Limited REA (1.1%) SEEK Limited SEK (3.1%) STW Communications Group Ltd. SGN 0.71 (23.4%) Webjet Ltd. WEB % Market Cap (AUD) EV (AUD) EV / EBITDA (LTM) EV / EBITDA (NTM) P / E P / E (Forward) ND / EBITDA Div Yield x NM 10.4x NM NM 7.1% 2, , x 15.5x 24.4x 21.5x 1.1x 3.2% 1, , x 21.9x 59.7x 36.8x NM 0.9% 4, , x 7.0x 21.1x 15.2x NM 3.7% x 6.3x 186.1x 14.0x NM 1.5% x 9.6x 25.6x 14.3x NM NM NM NM NM NM NM NM 6, , x 19.0x 33.0x 29.2x NM 1.2% 5, , x 17.2x 22.6x 26.2x 0.3x 2.2% x 5.2x 6.4x 6.2x 2.4x 9.6% x 9.2x 16.1x 15.3x NM 3.5% Average 4.4% 15.7x 12.3x 40.5x 19.9x 1.3x 3.7% Technological Services Reckon Ltd. RKN 1.91 (0.3%) TechnologyOne Limited TNE % Xero Limited. NZSE:XRO % x 6.4x 13.5x 12.2x 1.6x 4.7% 1, , x 22.5x 38.7x 33.2x NM 1.6% 3, ,883.8 NM NM NM NM NM NM Average 26.2% 17.1x 14.4x 26.1x 22.7x 1.6x 3.2% ASX Media Average 15.9x 12.7x 38.1x 20.4x 1.3x 3.6% Coverage Group Average 9.1% 15.9x 12.7x 38.1x 20.4x 1.3x 3.6% 2
3 KEY DEVELOPMENTS Beyond International Limited reported consolidated earnings results for the six months ended Dec. 31, For the period, the company reported operating revenue of $ million compared to $ million a year ago. EBIT was $4.776 million compared to $5.007 million a year ago. carsales.com Limited reported consolidated earnings results for the half year ended December 31, Total revenue was AUD 151,304,000 compared to AUD 112,490,000 a year ago. EBITDA was AUD 72.9 million compared to AUD 63.5 million a year ago. Corporate Travel Management Limited reported group earnings results for the six months ended December 31, For the six months, the company reported revenue and other income of AUD 83.8 million against AUD 43.3 million a year ago. Statutory EBITDA was AUD 19.1 million against AUD 9.3 million a year ago. Flight Centre Travel Group Limited announced earnings results for the six months ended December 31, The company reported underlying profit before tax of $137.6 million against $146.3 million a year ago. icarasia Limited announced consolidated audited earnings results for the year ended December 31, For the year, the company reported revenue of AUD 2,814,000 compared to AUD 1,446,000 a year ago. Net loss after tax was AUD 16,700,000 compared to AUD 6,902,000 a year ago. Melbourne IT Ltd. signed Share Purchase Agreement for Uber Global Pty Ltd for AUD 20.5 million on February 25, The deal value comprises AUD 15.5 million cash and an earn out payment if normalised EBITDA for 2015 exceeds AUD 2.1 million, capped at AUD 5 million. The transaction is expected to complete by April and accretive to earnings. Melbourne IT Ltd. reported unaudited consolidated earnings results for the year ended December 31, The company reported revenue of AUD 124,706,000 against AUD 103,412,000 a year ago. Profit before tax from continuing operations was AUD 290,000 against AUD 5,864,000 a year ago. Mobile Embrace Limited provided revenue guidance for the fiscal For the period, the company expects revenue of $30.8 million. Mobile Embrace Limited reported consolidated earnings results for the first half year ended December 31, For the period, revenue was AUD 14,072,654 against AUD 9,537,547 for the same period a year ago. Profit before income tax was AUD 1,430,721 against AUD 1,569,133 for the same period a year ago. Moko Social Media Limited reported consolidated earnings results for the half year ended December 31, The company has posted revenue from continuing operations of AUD 3,909,042 against AUD 4,166,343 a year ago. Loss before income tax expense from continuing operations was AUD 9,732,337 against AUD 6,315,092 a year ago. REA Group Limited reported consolidated earnings results for the half year ended 31 December For the period, the company's revenue was AUD million compared to AUD million a year ago. EBITDA was AUD million compared to AUD million a year ago. Reckon Ltd. reported consolidated earnings results for the year ended December 31, For the year, the company reported revenue of AUD 100,795,000 compared to AUD 98,125,000 a year ago. Profit for the year was AUD 17,568,000 compared to AUD 18,161,000 a year ago. STW Communications Group Ltd. announced consolidated earnings results for the year ended December 31, For the period, the company reported revenue of AUD 452,613,000 compared to AUD 406,188,000 a year ago. EBITDA was AUD 93,668,000 compared to AUD 95,525,000 a year ago. Source: ASX, Company Websites, Capital IQ, Reuters, Bloomberg 3
4 KEY DEVELOPMENTS Seek Limited announced unaudited consolidated earnings results for the half year ended December 31, For the period, the company reported revenue from continuing operations of AUD million compared to AUD million a year ago. Profit before income tax from continuing operations was AUD million compared to AUD million a year ago. Webjet Limited reported earnings results for the half year ended December 31, For the period, the company reported revenue of AUD 58.2 million, up 11.5% compared to a year ago. EBITDA was AUD 14.4 million, up 17.3% compared to a year ago. Xero Limited. announced that it has entered into a subscription agreement for a private placement of 7,360,000 common shares at NZD 20 per share for gross proceeds of NZD 147,200,000 on February 25, The transaction will include participation from new investor, Accel Partners for NZD 132,900,000 and existing investor, Matrix Capital Management Company, LLC for NZD 14,300,000. 4
5 EAC PARTNERS EAC Partners is an independent corporate advisory firm based in Sydney. Our services include Mergers and Acquisitions, Divestments, Corporate Finance and Capital Raisings. Below is a brief snapshot of our recent experience: Sibelco: Advised on the acquisition of an industrial minerals producer Enviropacific Services: Advised on the divestment of 44% of the shares to Adexum Capital Adani: Advised on the AUD1.25Bn refinance of Adani Abbot Point Terminal Advised on its USD150m maiden USPP issue Advised on its AUD100m 6 year AMTN issue Holcim: Strategic review of two noncore assets Freemantle Media: Advised on the takeover of a listed media business Moko: Advised in relation to an acquisition and capital raise EAC Awards EAC Partners received the 2014 award for Best Boutique Advisory Firm Australia EAC Partners received the 2014 Award for Divestment Advisory Firm of the Year Australia Contact Details: Greg Quinn Managing Director greg.quinn@eacpartners.com.au Robbie Singh Director robbie.singh@eacpartners.com.au Greg Green Associate greg,green@eacpartners.com.au EAC Partners Pty Limited Level 8, 56 Pitt St Sydney NSW 2000 Australia info@eacpartners.com.au ABN: AFSL:
ACQUISITION OF HYPE DC PTY LTD
ACQUISITION OF HYPE DC PTY LTD Important notice and disclaimer This presentation has been prepared by RCG Corporation Limited (RCG) in relation to RCG s proposed acquisition of Hype DC Pty Ltd (Hype).
Analysis One Code Desc. Transaction Amount. Fiscal Period
Analysis One Code Desc Transaction Amount Fiscal Period 57.63 Oct-12 12.13 Oct-12-38.90 Oct-12-773.00 Oct-12-800.00 Oct-12-187.00 Oct-12-82.00 Oct-12-82.00 Oct-12-110.00 Oct-12-1115.25 Oct-12-71.00 Oct-12-41.00
31 December 2012 Half Year Results Presentation. 18 February 2013
31 December 20 Half Year Results Presentation 18 February 2013 Performance History Share Price Performance Months 200 91.3% 14 Feb 2013 AHE ASX Small Ords Index 150 Share price $3.95 24.3 100 (2.2)% 1
For personal use only. November 2015. Wholesale Investor - London (UK) Presentation
November 2015 Wholesale Investor - London (UK) Presentation 1 Overview Capitalising on global mobile growth! Crowd Mobile is a global mobile company with a focus on the growing mobile economy.! We have
AT&T Global Network Client for Windows Product Support Matrix January 29, 2015
AT&T Global Network Client for Windows Product Support Matrix January 29, 2015 Product Support Matrix Following is the Product Support Matrix for the AT&T Global Network Client. See the AT&T Global Network
BigAir Group BGL AU / BGL.AX
Vol m Telco - Mobile Australia BigAir Group BGL AU / BGL.AX Nick HARRIS T (61) 7 3334 4557 E nick.harris@morgans.com.au Scott POWER T (61) 7 3334 4884 E scott.power@morgans.com.au BGL140319 Share price
ANZ ETFS S&P/ASX 300 HIGH YIELD PLUS ETF. (ASX Code: ZYAU)
ANZ ETFS S&P/ASX 300 HIGH YIELD PLUS ETF (ASX Code: ZYAU) INVESTMENT BUILDING BLOCKS FOR A CHANGING WORLD Introducing a suite of innovative exchange traded funds (ETFs) designed for Australian investors
80Mt in Resources, so base case now 2.0Mt/yr plus 2.0Mt/yr expansion Spodumene prices set to rise
Recommendation Strong BUY; High Risk Price Valuation 32.0c 70c Products : Tantalite (tantalum) and Spodumene (lithium) Snapshot Market Cap $258m Shares on Issue 804.7m Plus 90.5m In the Money options plus
Private Wealth and Investment Management
Private Wealth and Investment Management PhillipCapital has a winning combination of experience, insight and value to offer investors. To become a client and access a full range of services, call us on
Thomson Reuters Spreadsheet Link Quick Reference Guide
Thomson Reuters Spreadsheet Link Quick Reference Guide INTRODUCTION This quick reference guide covers all of the basics that you need to know to get the most out of Thomson Reuters Spreadsheet Link. Our
2015 Settlement Calendar for ASX Cash Market Products ¹ Published by ASX Settlement Pty Limited A.B.N 49 008 504 532
2015 Calendar for ASX Cash Market Products ¹ Published by ASX Pty Limited A.B.N 49 008 504 532 Calendar for ASX Cash Market Products¹ ASX Pty Limited (ASX ) operates a trade date plus three Business (T+3)
Range Resources Ltd. - Oil & Gas - Deals and Alliances Profile
Range Resources Ltd. (RRS) - Oil & Gas - Deals and Alliances Profile Publication Date: APR 2011 Company Overview Range Resources Limited (Range Resources) is an oil and gas exploration company. Range Resources
Unity Pacific Group Annual General Meeting. Thursday 19 November 2015
Unity Pacific Group Annual General Meeting Thursday 19 November 2015 Disclaimer This presentation is dated 19 November 2015 and has been prepared by Unity Pacific Group, which comprises Unity Pacific Limited
Investor conferences Asia, United Kingdom and United States September and October 2015
MARKET ANNOUNCEMENT Computershare Limited ABN 71 005 485 825 Yarra Falls, 452 Johnston Street Abbotsford Victoria 3067 Australia PO Box 103 Abbotsford Victoria 3067 Australia Telephone 61 3 9415 5000 Facsimile
Market Risk Management
Market Risk Management Hamish Treleaven, Executive General Manager, Market Risk Management 17 November 2010 The quantum of Market Risk at CBA Current Economic Capital attribution Current Market Risk Economic
Australia s insurance sector Brokering deals to the full
Australia s insurance sector Brokering deals to the full 2015 1 Introduction Now is the time for smaller operators in the insurance broking sector to crystalise the value of their operations. Today s insurance
ONESTEEL LIMITED PRO-FORMA FINANCIAL INFORMATION FOR THE MERGED GROUP IN RESPECT OF THE MERGER ONESTEEL LIMITED AND SMORGON STEEL GROUP LIMITED
ONESTEEL LIMITED PRO-FORMA FINANCIAL INFORMATION FOR THE MERGED GROUP IN RESPECT OF THE MERGER OF ONESTEEL LIMITED AND SMORGON STEEL GROUP LIMITED For further information: Mark Gell General Manager, Corporate
For personal use only INVESTOR PRESENTATION MARCH 2015
INVESTOR PRESENTATION MARCH 2015 Contents Part 1 Yellow Brick Road Group - performance update Key Metrics and Financial Results The model in motion brand, distribution, product Part 2 Acquisition journey
ING Office Fund Extraordinary Unitholder Meeting
ING Office Fund Extraordinary Unitholder Meeting 2 April 2009 Times Square, 16-18 Mort Street, Belconnen ACT Agenda Purpose of meeting Market update Results and portfolio review Formal business - Resolution
Acquisition of ADX Management. IMI expands proposed Data Centre Management Strategy
ASX Release 26 August 2014 Acquisition of ADX Management IMI expands proposed Data Centre Management Strategy IMI has entered into an agreement to acquire ADX Management Pty Ltd The proposed acquisition
McDep Energy Income Producers A Weekly Analysis of Royalty Trusts and Master Limited Partnerships February 10, 2004.
Trusts as Futures Summary and Recommendation Recommended royalty trusts offer an alternative to futures contracts for investors looking for long-term growth in oil and gas commodity value or for protection
PRESENTATION TO LONDON INFRASTRUCTURE CONFERENCE
ASX Release 29 April 2008 PRESENTATION TO LONDON INFRASTRUCTURE CONFERENCE The following presentation by BBW Chief Executive Officer, Miles George, is being presented at the Babcock & Brown Infrastructure
APPENDIX 4D. Half year report MOKO SOCIAL MEDIA LIMITED. 2. Results for announcement to the market Movement $
Appendix 4D Half year report APPENDIX 4D Half year report Name of entity MOKO SOCIAL MEDIA LIMITED 1. Details of the reporting period Current period Previous Corresponding period 1 July 2013 31 December
H1 2015 RESULTS INVESTOR PRESENTATION
Transforming MLB into a growing solutions led business with higher quality earnings (ASX : MLB) H1 2015 RESULTS INVESTOR PRESENTATION TABLE OF CONTENTS VISION AND STRATEGY H1 2015 FINANCIALS OPERATIONAL
CE University, Inc. Business Plan Lacture 11B.1. Executive Summary
CE University, Inc. Business Plan Lacture 11B.1 The Company Executive Summary CE University, Inc. ( CEU ) is a learning management system company. It is early stage venture that creates and sells online
Sequoia Direct Financial Services Guide
PART O Sequoia Direct Financial Services Guide AFS Licence No. 333297 Date of issue: 1 April 2016 Level 36, AMP Centre, 50 Bridge Street, SYDNEY NSW 2000 A Participant of ASX Group Sequoia Direct Pty Ltd
Kanmantoo performance ending 31 January 2012
Hillgrove Resources Ltd Light at the End of the Tunnel 1 March 2012 $0.25 BUY James Brennan-Chong 03 9640 3893 james.brennan-chong@wilsonhtm.com.au Cameron Judd 03 9640 3864 cameron.judd@wilsonhtm.com.au
HAS THE INSURANCE BROKERAGE MARKET PEAKED?
CORPORATE FINANCE TRANSACTION ADVISORY SERVICES HAS THE INSURANCE BROKERAGE MARKET PEAKED? by Arik Rashkes and Richard Forgione 2 OVERVIEW OF ECONOMIC CONDITIONS Improving economic conditions and asset
Tantalex Resources Corporation
CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (unaudited) Three and six months ended August 31, 2015 and 2014 (Expressed in Canadian dollars) NOTICE OF NO AUDITOR REVIEW OF INTERIM FINANCIAL STATEMENTS
Initial Public Offering. Are you ready to float?
Initial Public Offering Are you ready to float? What is an IPO? Are you considering listing your company on a stock exchange? In recent times, the phrases listing and floating have been replaced with an
WEBJET LIMITED AND CONTROLLED ENTITIES A.C.N. 002 013 612 INTERIM FINANCIAL REPORT FOR THE HALF-YEAR ENDED 31 DECEMBER 2003
A.C.N. 002 013 612 INTERIM FINANCIAL REPORT FOR THE HALF-YEAR ENDED 31 DECEMBER 2003 - 1 - ADDITIONAL FINANCIAL INFORMATION REQUIRED UNDER ASX LISTING RULES APPENDIX 4D RESULTS FOR ANNOUNCEMENT TO MARKET
Weighting companies by their one-year forecast dividend yield as opposed to market capitalisation
Weighting companies by their one-year forecast dividend yield as opposed to market capitalisation MARKET DATA Indices Dividend Plus www.jse.co.za Johannesburg Stock Exchange Ingeniously slotted within
Training Calendar 2015. GTC Energy: Training Calendar / 165
Training Calendar 2015 GTC Energy: Training Calendar / 165 166 / GTC Energy: Training Calendar January Project Cost Estimation and Cost Control Houston 26 Jan 2015 1 Week 2 Weeks 127 February Advanced
NATIONAL STORAGE REIT
NATIONAL STORAGE REIT ASX SPOTLIGHT CONFERENCE 3 MARCH 2016 IMPORTANT NOTE & DISCLAIMER This presentation has been prepared by National Storage REIT ( NSR ) comprising National Storage Holdings Limited
For personal use only. Half Year Review. six months to 31 December 2013
Half Year Review six months to 31 December 2013 (RPM) We are: The largest publicly traded independent group of mining technical experts in the world. We are the Experts Expert: in Mining Strategy, Economic
NUVISTA ENERGY LTD. Consolidated Statements of Financial Position (unaudited)
NUVISTA ENERGY LTD. Consolidated Statements of Financial Position (unaudited) ($Cdn thousands) Assets Current assets Cash and cash equivalents $ - $ - Accounts receivable and prepaids 42,980 30,317 Assets
Tupras OUTPERFORM (M) 15 February 2010. Strong 2009 results on refining side...
Equity / Large Cap. / Petroleum and Energy 15 February 2010 Bloomberg: TUPRS TI Strong 2009 results on refining side... Reuters: TUPRS IS released its 2009 year end tax purpose financials. The main differences
ASX Announcement 29 August 2014 PRELIMINARY FINAL REPORT
ABN 68 009 161 522 ASX Announcement 29 August 2014 PRELIMINARY FINAL REPORT SubZero Group Limited (ASX: SZG) submits its Appendix 4E preliminary financial report for the year ended 30 June 2014. For further
COMPARISON OF FIXED & VARIABLE RATES (25 YEARS) CHARTERED BANK ADMINISTERED INTEREST RATES - PRIME BUSINESS*
COMPARISON OF FIXED & VARIABLE RATES (25 YEARS) 2 Fixed Rates Variable Rates FIXED RATES OF THE PAST 25 YEARS AVERAGE RESIDENTIAL MORTGAGE LENDING RATE - 5 YEAR* (Per cent) Year Jan Feb Mar Apr May Jun
COMPARISON OF FIXED & VARIABLE RATES (25 YEARS) CHARTERED BANK ADMINISTERED INTEREST RATES - PRIME BUSINESS*
COMPARISON OF FIXED & VARIABLE RATES (25 YEARS) 2 Fixed Rates Variable Rates FIXED RATES OF THE PAST 25 YEARS AVERAGE RESIDENTIAL MORTGAGE LENDING RATE - 5 YEAR* (Per cent) Year Jan Feb Mar Apr May Jun
Half Year Financial Results
16 August 2012 Manager ASX Market Announcements Australian Securities Exchange Level 4, 20 Bridge Street Sydney NSW 2000 Manager Market Information Services Section New Zealand Stock Exchange Level 24,
Abacus Property Group
Abacus Property Group Our Portfolio Our Future Our Performance Abacus Property Group Our Acquisitions Our Market Our People 2 Abacus Property Group snapshot Abacus has grown to become one of Australia's
NUVISTA ENERGY LTD. Consolidated Statements of Financial Position (unaudited)
NUVISTA ENERGY LTD. Consolidated Statements of Financial Position (unaudited) ($Cdn thousands) Assets Current assets Cash and cash equivalents $ - $ - Accounts receivable and prepaids 35,443 30,317 Assets
Fearnley Securities. 28 th Annual Marine Money Week. New Issuance through the Norwegian Bond Market. June 2015
Fearnley Securities New Issuance through the Norwegian Bond Market 28 th Annual Marine Money Week June 215 IMPORTANT / DISCLAIMER: This presentation is prepared by Fearnley Securities, an Astrup Fearnley
ACQUISITION OF IODM PTY LTD CLOUD BASED AUTOMATED DEBTOR MANAGEMENT SOLUTION
ACQUISITION OF IODM PTY LTD CLOUD BASED AUTOMATED DEBTOR MANAGEMENT SOLUTION ABN 28 102 747 133 ASX Release 29 December 2015 Level 1/330 Churchill Avenue Subiaco WA 6008 Ph: +61 8 9200-4482 Fax: +61 8
Investor Presentation Gold Coast Investment Showcase 22 June 2016
Investor Presentation Gold Coast Investment Showcase 22 June 2016 1 Disclaimer 2 Important Legal Notice This presentation contains summary information about Rent.com.au Pty Ltd (RNT) as at June 2016 and
Interim Unaudited Condensed Consolidated Financial Statements December 31, 2013
Interim Unaudited Condensed Consolidated Financial Statements December 31, February 28, 2014 Management s Report The accompanying interim unaudited condensed consolidated financial statements ( financial
For personal use only
TREASURY GROUP LTD ABN 39 006 708 792 AND CONTROLLED ENTITIES PRELIMINARY FINAL REPORT FOR THE YEAR ENDED 30 JUNE 2015 PROVIDED TO THE ASX UNDER LISTING RULE 4.3A Rule 4.3A Name of entity Treasury Group
APPENDIX 4D Half-year report to the ASX Limited
ACN 111 082 485 ASX:MKB T: +61 2 9419 2966 F: +61 2 9419 2944 Suite 206 / 1 Katherine Street Chatswood, NSW, 2067, Australia Website: corporate.moko.mobi Email: contact@moko.mobi APPENDIX 4D Half-year
Ashley Institute of Training Schedule of VET Tuition Fees 2015
Ashley Institute of Training Schedule of VET Fees Year of Study Group ID:DECE15G1 Total Course Fees $ 12,000 29-Aug- 17-Oct- 50 14-Sep- 0.167 blended various $2,000 CHC02 Best practice 24-Oct- 12-Dec-
Rand Mining executes Share Buy Back Plan
Rand Mining executes Share Buy Back Plan 12 December 2014 The Manager Company Announcements Office Australian Securities Exchange Limited Level 4, 20 Bridge Street SYDNEY NSW 2000 On Market Share Buy-Back
State of the Traditional Ad Agencies. Part of a Presentation Made to the IAB Agency Advisory Board December 3, 2013
State of the Traditional Ad Agencies Part of a Presentation Made to the IAB Agency Advisory Board December 3, 2013 State of the Traditional Ad Agencies 1 Massive Movement to Digital Advertising 2 Traditional
Year-end Dec 2013A 2014E 2015E 2016E Key data. # Priced at market close, 29/09/14
This research is intended for UK institutional investors only and market professionals. It is not intended for retail customers and any retail customer should seek professional, independent advice before
DRX : Cyclone DFS soon
1 February 2016 DRX : Cyclone DFS soon Tick Hill : 22koz gold in Resources Recommendation BUY, High Risk Price 1.1c Valuation 7.2c In December, DRX announced an increase in its Reserves for Resources for
TABCORP HALF YEAR RESULTS PRESENTATION
Tabcorp Holdings Limited ACN 063 780 709 5 Bowen Crescent Melbourne Australia 3004 GPO Box 1943 Melbourne Australia 3001 Telephone 61 3 9868 2100 Facsimile 61 3 9868 2300 Website www.tabcorp.com.au 4 February
Bank Handlowy w Warszawie S.A. after 2Q 06. - expansion and better results
Bank Handlowy w Warszawie S.A. after 2Q 06 - expansion and better results Strong mid year results 400 300 MM PLN 318 8% 343 107 200 180 100 139 236 0 1H05 1H06 2 Source: Bank s Financial Disclosures Increase
FAIRFAX MEDIA LIMITED 2014 RESULTS COMMENTARY
FAIRFAX MEDIA LIMITED 2014 RESULTS COMMENTARY SYDNEY, 14 August, 2014: Fairfax Media Limited [ASX:FXJ] today delivered its 2014 financial results. Accompanying commentary from Chief Executive and Managing
Ngonyama valuation update
15 April 2015 Ngonyama valuation update Update; Anchor research team Summary of valuations, projected returns and portfolio positioning: The BEE schemes comprising Ngonyama Capital continue to offer, in
ANZ ETFS S&P/ASX 100 ETF. (ASX Code: ZOZI)
ANZ ETFS S&P/ASX 100 ETF (ASX Code: ZOZI) INVESTMENT BUILDING BLOCKS FOR A CHANGING WORLD Introducing a suite of innovative exchange traded funds (ETFs) designed for Australian investors by ANZ ETFS,
Discussion of Discounting in Oil and Gas Property Appraisal
Discussion of Discounting in Oil and Gas Property Appraisal Because investors prefer immediate cash returns over future cash returns, investors pay less for future cashflows; i.e., they "discount" them.
Confirmation Code: 2977298
DATE: 26 February 2014 Attached is the Presentation regarding Pact s Interim Financial Results for the half-year ended 31 December 2013. The Presentation will occur at 10am (Melbourne time) today. Dial
CRM Brokers Management Liability Proposal
CRM Brokers Management Liability Proposal Level 29, Chifley Tower, 2 Chifley Square, Sydney 2000 PO Box 6542 Baulkham Hills Bus. Centre 2153 Tel: 1300 880 494 Fax: (02) 9225 9943 E-mail: crm@crmbrokers.com.au
The Australian Stock Exchange ("ASX") - IPO Overview
The Australian Stock Exchange ("ASX") - IPO Overview 1. Regulatory Background 1.1 Overview of Regulatory The Corporations Act 2001 ("Act") regulates the requirements for listing on the ASX. The Act prohibits
Q2 2011 Results Presentation XING AG
Q2 2011 Results Presentation XING AG Dr. Stefan Gross-Selbeck (CEO) & Ingo Chu (CFO) Hamburg, August 10, 2011 01 Q2 highlights Ongoing strong financial performance Re-acceleration of D-A-CH 1 member growth
For personal use only
MONTO MINERALS LTD (TO BE RENAMED SHAREROOT LTD ) ACN 063 144 865 PROSPECTUS For an offer of up to 100,000,000 Shares at an issue price of $0.05 per Share to raise up to $5,000,000 with a minimum subscription
Disclaimer. Summary information. Not financial product advice. Past performance. Future performance
Disclaimer Summary information This presentation contains summary information about Fairfax Media Limited and its activities current as at 22 August 2013. The information in this presentation is of a general
SURFSTITCH GROUP FY2015 FULL YEAR RESULTS
SURFSTITCH GROUP FY2015 FULL YEAR RESULTS 2 TABLE OF CONTENTS 1.0 Company Highlights 2.0 Financial Review 3.0 Strategic Review 4.0 Appendix 1.0 COMPANY HIGHLIGHTS Justin Cameron - CEO 4 COMPANY HIGHLIGHTS
For personal use only
Resource Star Limited Level 2 Spectrum, 100 Railway Road, Subiaco WA 6008 P. +61 3 9367 8133 F. +61 3 9367 8812 www.resourcestar.com.au ABN 71 098 238 585 1 August 2014 RESOCORCORRESPONDENCE\\ASX066 ASX
FY10 - Analyst and Investor Presentation August 2010. www.rea-group.com
REA Group Ltd FY10 - Analyst and Investor Presentation August 2010 www.rea-group.com REA Group demonstrated strong business growth and an increased innovation rate during FY2010 KEY HIGHLIGHTS OF OUR PERFORMANCE
Australian Eastern Standard Time or Australian Eastern Daylight Time (as applicable at the relevant time in Sydney, New South Wales, Australia).
15. GLOSSARY 15. GLOSSARY Term $, A$ or AUD Australian dollars. AASB Australian Accounting Standards Board. Accor AAPC Properties Pty Limited (ABN 17 065 560 885). Acquisitions AEST AFFO AFSL Allotment
River Capital Growth Fund
River Capital Growth Fund ANNUAL INVESTOR LETTER 30 June 2010 Following the significant economic instability experienced during the 2009 financial year, the last 12 months returned to a more positive economic
Year ended 31 Dec 2009
PACE PLC CHANGE OF FUNCTIONAL AND PRESENTATIONAL CURRENCY AND COMPARATIVES RE-PRESENTED IN US DOLLARS Introduction Pace announced at the time of its preliminary results announcement that the Board had
For personal use only
H1 FY2014 Presentation Results for 6 months to 31 December 2013 28 February 2014 Key Messages - Financial Result H1 FY2014 driven by soft market conditions Since the announcement in January the directors
NEW GOLD DISCOVERY IN GHANA WEST AFRICA
NEW GOLD DISCOVERY IN GHANA WEST AFRICA FEBRUARY 2016 JORC DISCLOSURE JORC 2012 This Presentation contains information extracted from the following reports which are available for viewing on the Company
Coal India Ltd. Subdued e-auction realization impacted profitability BUY. Nov. 17, 2015
17-Nov-14 17-Dec-14 17-Jan-15 17-Feb-15 17-Mar-15 17-Apr-15 17-May-15 17-Jun-15 17-Jul-15 17-Aug-15 17-Sep-15 17-Oct-15 Coal India Ltd. Subdued e-auction realization impacted profitability Coal India Ltd.
08 September 2015 Materials Saracen Mineral Holdings Limited. Table 1: Financial summary
Company update 8 September 215 SARACEN MINERAL HOLDINGS LIMITED (SAR) Our preferred gold exposure We upgrade to a BUY rating (from Hold) on Saracen Minerals (SAR). SAR is our preferred small-to-mid cap
TD is currently among an exclusive group of 77 stocks awarded our highest average score of 10. SAMPLE. Peers BMO 9 RY 9 BNS 9 CM 8
Updated April 16, 2012 TORONTO-DOMINION BANK (THE) (-T) Banking & Investment Svcs. / Banking Services / Banks Description The Average Score combines the quantitative analysis of five widely-used investment
Agreement(to(acquire(( Syncom(Australia(Pty(Ltd(
ASXRelease Agreement(to(acquire(( Syncom(Australia(Pty(Ltd( 23December2014 IMI(has(entered(into(an(agreement(in(relation(to(the(acquisition(of( Syncom(Australia(Pty(Ltd( Syncom(is(a(leading(provider(of(data(centre(based(co=location(and(
Company Overview. Financial Performance
Jan/15 Feb/15 Mar/15 Apr/15 May/15 Jun/15 Jul/15 Aug/15 Sep/15 Oct/15 Nov/15 Dec/15 SPS Finquest Ltd CMP: 84.60 January 13, 2015 Stock Details BSE code 538402 BSE ID SPS Face value ( ) 10 No of shares
Interim Results to 31 December 2012
Interim Results to 31 December 2012 Presentation to investors 22 nd February 2013 David Carr Chief Executive Officer Stuart Harrison Chief Financial Officer Agenda > Result highlights > VHP performance
ASX Announcement/Media Release
ASX Announcement/Media Release Melbourne IT (ASX: MLB) 20 May 2015 Melbourne IT Ltd ABN 21 073 716 793 ACN 073 716 793 Level Three 469 La Trobe Street Melbourne Victoria 3000 Australia www.melbourneit.com
The world s most adaptive enterprise- level digital marketing system
The world s most adaptive enterprise- level digital marketing system UNIQUE CAPABILITY UNMATCHED INTELLIGENCE SURPRISING FLEXIBILITY The world-class Taguchi digital marketing system was invented and developed
FRR Corporation Limited. Investor Presentation
FRR Corporation Limited (to be renamed Rhype Limited) Investor Presentation 9 December 2013 Disclaimer This presentation has been prepared by FRR Corporation Limited ACN 112 452 436 (FRR). Each Recipient
Crown Castle International Corp. Consolidating Income Statement Unaudited Consolidated Statement of Operations (in millions of dollars)
Consolidating Income Statement Unaudited Consolidated Statement of Operations CCIC Consolidated Revenues Site Rental 406.9 409.6 437.1 447.2 1,700.8 456.2 457.1 468.9 Network Services and Other 37.5 46.5
Financial Services Guide (FSG)
CMC Markets Stockbroking Limited Financial Services Guide (FSG) 10 March 2016 For Suncorp Share Trade AFSL No. 246381 and ABN 69 081 002 851 Table of contents Table of contents 01 CMC Markets Stockbroking
21 August 2007. Company Announcements Office Australian Stock Exchange Limited, Melbourne. By E-lodgement. Preliminary Final Report
21 August 2007 Company Announcements Office Australian Stock Exchange Limited, Melbourne By E-lodgement Preliminary Final Report This release contains an announcement to the Australian Stock Exchange Limited
MELBOURNE IT ACQUIRES UBER GLOBAL, RELEASE OF 2014 FINANCIAL RESULTS
25 February 2015 ASX Announcement Melbourne IT Ltd ABN 21 073 716 793 ACN 073 716 793 Level Three 469 La Trobe Street Melbourne Victoria 3000 Australia www.melbourneit.com Telephone +61 3 8624 2400 Facsimile
Q2 2014 Healthcare IT Market Snapshot
Q2 2014 Healthcare IT Market Snapshot Chase Sanders Managing Director csanders@signalhill.com www.signalhill.com B a l t i m o r e B a n g a l o r e B o s t o n M u m b a i N a s h v i l l e N e w Y o
ASX Announcement Takeover bid for Vision Eye Institute
6 July 2015 ASX Announcement Takeover bid for Vision Eye Institute Pulse Health Limited ( Pulse ; ASX: PHG) is pleased to announce a takeover bid for Vision Eye Institute Limited ( Vision ; ASX: VEI) comprising
Innovative Technology Solutions for Sustainability ABENGOA. Market Update
Innovative Technology Solutions for Sustainability ABENGOA Market Update November, 2014 Forward-looking Statement This presentation contains forward-looking statements (within the meaning of the U.S. Private
For personal use only
Appendix 4E Preliminary Final Report Name of Entity: ABN: 82 009 027 178 Reporting Period - year ended: 30 June 2015 Previous corresponding period period ended 30 June 2014 Results for Announcement to
2008 MCG Tax Statement Guide: Essential information to help you complete your 2008 Australian income tax return
2008 MCG Tax Statement Guide: Essential information to help you complete your 2008 Australian income tax return MACQUARIE COMMUNICATIONS INFRASTRUCTURE GROUP DISCLAIMER The information provided in this
XING Q2 2012 results presentation. August 14, 2012
XING Q2 2012 results presentation August 14, 2012 Disclaimer This presentation was produced in August 2012 by XING AG (the "Company") solely for use as an information source for potential business partners
SCA PROPERTY GROUP ANNOUNCES FIRST HALF FY16 RESULTS
ASX / MEDIA ANNOUNCEMENT 8 February 2016 SCA PROPERTY GROUP ANNOUNCES FIRST HALF FY16 RESULTS SCA Property Group (ASX: SCP) ( SCP or the Group ) is pleased to announce its results for the six months ended
Direct Equities - Best Ideas for Retiree Portfolios
Direct Equities - Best Ideas for Retiree Portfolios Mathew Hodge, CFA, Senior Resources Analyst, Morningstar Australasia David Ellis, CPA, Senior Equity Analyst Banks, Insurance and Diversified Financials,
Results 2007. Analyst & Investor Conference / Conference call March 27, 2008
Results 2007 Analyst & Investor Conference / Conference call March 27, 2008 Agenda Highlights 2007 Results 2007 Outlook and guidance 2008 Shareholder structure / Share price 2 2007 a challenging Year Peak
December 2012. Emerging Markets Small Cap: The Undiscovered Frontier
December 212 Emerging Markets Small Cap: The Undiscovered Frontier 1 23481 The EM Small Cap Opportunity Set Global Small Cap Universe Number of Companies Emerging markets small cap comprises approximately
Aksa Enerji Outperform (Maintained)
01.14 03.14 05.14 07.14 09.14 11.14 01.15 03.15 05.15 May 26, 2015 Outperform (Maintained) Turkey - Equity - Company Update On the verge of a new era s commissioning of the Company s first lignite power
Cordlife Limited ACN 108 051 529
Cordlife Limited ACN 108 051 529 NOTICE OF MEETING To be held on 11 January 2013 simultaneously via video conference at the offices of: Middletons, level 25, 525 Collins Street Melbourne at 12.00pm (Melbourne
IT Services, Cloud and Managed Services M&A Update Q2 2015
Technology and Digital Media Investment Banking + M&A Advisory IT Services, Cloud and Managed Services M&A Update Q2 2015 July 9, 2015 Generation Equity Advisors, LLC 8560 W. Sunset Blvd, Suite 500 West