AMCIL Limited · ASX:AMH
AMCIL — Investor Presentation (March 2015)
19 slides from AMCIL's investor presentation, Mar 16, 2015
Slide 1: AMCIL Limited Information Meetings Presentation
16 March 2015 For personal use only The Manager ASX Market Announcements Australian Securities Exchange Exchange Centre Level 4 20 Bridge Street Sydney NSW 2000 Electronic Lodgement AMCIL Limited Information Meetings Presentation Dear Sir / Madam Please find attached the presentation to be given at
Slide 2: Shareholder Meetings March 2015
For personal use only SHAREHOLDER MEETINGS MARCH 2015
Slide 3: Disclaimer
DISCLAIMER For personal use only AMCIL Limited, its related entities and each of their respective directors, officers and agents (together the Disclosers) have prepared the information contained in these materials in good faith. However, no warranty (express or implied) is made as to the accuracy, c
Slide 4: Half-Year Financial Summary
HALF-YEAR FINANCIAL SUMMARY For personal use only ANNUAL GENERAL SHAREHOLDER MEETINGS MEETING MARCH 2014 2015
Slide 5: A very divergent market driven largely by desire for yield and impact of falling commodity prices
A VERY DIVERGENT MARKET DRIVEN LARGELY BY DESIRE FOR YIELD AND IMPACT OF FALLING COMMODITY PRICES For personal use only % ANNUAL GENERAL SHAREHOLDER MEETINGS MEETING MARCH 2014 2015
Slide 6: Portfolio – per annum returns
PORTFOLIO – PER ANNUM RETURNS TO 28 FEBRUARY 2015 For personal use only After tax and expenses. Ignores benefits of franking and LIC tax credits. ANNUAL GENERAL SHAREHOLDER MEETINGS MEETING MARCH 2014 2015
Slide 7: Cumulative portfolio return over years including franking
CUMULATIVE PORTFOLIO RETURN OVER 10 YEARS INCLUDING FRANKING For personal use only * Assumes the reinvestment of dividends. This chart calculates the benefit of franking credits at the time dividends are paid for both AMCIL and the index. In practice there is a timing difference between receipt of t
Slide 8: Major contributors by value YTD
MAJOR CONTRIBUTORS BY VALUE YTD – TO 28 FEBRUARY 2015 For personal use only + Commonwealth Bank – Santos + Telstra – Oil Search + ResMed – Senex Energy + Incitec Pivot – Tox Free Solutions + CSL – ALS ANNUAL GENERAL SHAREHOLDER MEETINGS MEETING MARCH 2014 2015
Slide 9: Recent purchases
RECENT PURCHASES For personal use only New to portfolio Addition to current holding New to portfolio ANNUAL GENERAL SHAREHOLDER MEETINGS MEETING MARCH 2014 2015
Slide 10: Recent sales
RECENT SALES For personal use only • IPH (complete disposal) • Senex Energy (complete disposal) ANNUAL GENERAL SHAREHOLDER MEETINGS MEETING MARCH 2014 2015
Slide 11: Smaller companies have an important role in AMCIL's performance
SMALLER COMPANIES HAVE AN IMPORTANT ROLE IN AMCIL’S PERFORMANCE For personal use only ANNUAL GENERAL SHAREHOLDER MEETINGS MEETING MARCH 2014 2015
Slide 12: Top holdings represent 51.3% of the portfolio (excluding cash)
TOP 10 HOLDINGS AT 28 FEBRUARY 2015 REPRESENT 51.3% OF THE PORTFOLIO (EXCLUDING CASH) For personal use only * Indicates that options were outstanding against part or all of the holding. ANNUAL GENERAL SHAREHOLDER MEETINGS MEETING MARCH 2014 2015
Slide 13: The next holdings represent 25.7% of the portfolio (excluding cash)
THE NEXT 10 HOLDINGS AT 28 FEBRUARY 2015 REPRESENT 25.7% OF THE PORTFOLIO (EXCLUDING CASH) For personal use only * Indicates that options were outstanding against part or all of the holding. ANNUAL GENERAL SHAREHOLDER MEETINGS MEETING MARCH 2014 2015
Slide 14: Portfolio – Sector Exposures
PORTFOLIO – SECTOR EXPOSURES 28 FEBRUARY 2015 For personal use only ANNUAL GENERAL SHAREHOLDER MEETINGS MEETING MARCH 2014 2015
Slide 15: Share price relative to NTA
SHARE PRICE RELATIVE TO NTA For personal use only *Based on net operating result ANNUAL GENERAL SHAREHOLDER MEETINGS MEETING MARCH 2014 2015
Slide 16: Share price return – per annum returns
SHARE PRICE RETURN – PER ANNUM RETURNS TO 28 FEBRUARY 2015 For personal use only ANNUAL GENERAL SHAREHOLDER MEETINGS MEETING MARCH 2014 2015
Slide 17: Share price return including franking – per annum returns
SHARE PRICE RETURN INCLUDING FRANKING *– PER ANNUM RETURNS TO 28 FEBRUARY 2015 For personal use only * Assumes a shareholder can take full advantage of the franking credits. ANNUAL GENERAL SHAREHOLDER MEETINGS MEETING MARCH 2014 2015
Slide 18: Outlook
OUTLOOK •Reporting season was generally positive for earnings and For personal use only dividends •Low interest rates in Australia expected to continue and provide support to the market •Valuation levels historically high •Global factors remain relevant – US interest rates, currency wars, divergent
Slide 19: For personal use only
For personal use only