NGE Capital Ltd · ASX:NGE
NGE Capital — Shareholder Meeting (May 2021)
17 slides from NGE Capital's shareholder meeting presentation, May 26, 2021
Slide 1: NGE Capital Limited AGM Presentation
For personal use only NGE Capital Limited ASX : NGE AGM Presentation 26 May 2021
Slide 2: Disclaimer
Disclaimer For personal use only The information in this presentation is in summary form and should Past performance is not a reliable indicator of future performance. This presentation is provided for informational purposes only and is not be relied upon as a complete and accurate representation of
Slide 3: Company Snapshot
Company Snapshot For personal use only • NGE Capital Limited (NGE or Company) is a Listed Investment Company (LIC) which offers investors exposure to an actively managed, concentrated portfolio of high conviction investments. • Broad investment mandate, not restricted by geography, asset class, or s
Slide 4: Company Snapshot (cont.)
Company Snapshot (cont.) For personal use only Summary Top shareholders Directors Ticker ASX : NGE David Lamm 11.05% David Lamm Chief Investment Officer Share price $0.635 Raphael Lamm 8.76% Adam Saunders Portfolio Manager Shares outstanding 36.20m Wallbay Pty Ltd 5.55% Ilan Rimer Non-Executive Dire
Slide 5: Investment Philosophy
Investment Philosophy For personal use only 1 Target investments that can generate strong returns with an adequate margin of safety 2 Aim to hold a high conviction, concentrated portfolio • Only invest in a compelling opportunity, otherwise hold • Individual securities can and do significantly devia
Slide 6: Investment Process
Investment Process For personal use only Idea Proprietary Assessment Investment Monitor & generation research decision exit • Screening • Rigorous • Qualify against • Buy, hold, sell, wait, • Update assessment fundamental investment do nothing for new information • Identify mispricing analysis philo
Slide 7: A Top Performing LIC
A Top Performing LIC For personal use only Annualised portfolio return since NGE inception – all ASX LICs1 15 % 12.0% 10 % 5% 0% NGE -10 -5 % Note: Each bar represents the annualised return of an ASX listed LIC between 30 November 2016, the date NGE became a LIC, and 31 March 2021. Returns include g
Slide 8: Performance
Performance For personal use only Growth in NTA per share Share price performance 2021 Since inception 1 2021 Since inception 1 2017 2018 2019 2020 YTD (p.a.) (cum.) 2017 2018 2019 2020 YTD (p.a.) (cum.) 26.8% 21.4% 11.2% -8.0% 7.7% 12.1% 65.4% NGE 16.7% 27.5% 17.2% -19.1% 15.5% 11.5% 62.8% ASX 200
Slide 9: Portfolio composition (% of NTA)
Portfolio For personal use only Portfolio composition (% of NTA) Company Ticker % Yellow Cake Yellow Cake plc LSE : YCA 16.6% Karoon Energy ASX : KAR 13.2% Metals X ASX : MLX 7.9% Base Resources ASX : BSE 6.7% Net cash Karoon 1 Vita Group ASX : VTG 3.9% & other Consorcio ARA MEX : ARA 2.0% Silver ET
Slide 10: Yellow Cake
Portfolio holding - Yellow Cake For personal use only Description Snapshot • Listed investment company whose strategy is to buy and hold physical uranium long-term. Ticker LSE : YCA • Holds 13.31mmlbs of “natural uranium” in the form of U3O8, also known as yellow cake. Uranium holdings mmlb 13.31 Si
Slide 11: Karoon Energy
Portfolio holding - Karoon Energy For personal use only Description Snapshot • Oil and gas producer with operations in Brazil and Australia. Ticker ASX : KAR • Key asset is recently acquired Baúna oil field in the Santos Basin, Brazil. Price (30 Apr 21) $ 1.285 Situation Market cap $m 711 • Transiti
Slide 12: Metals X
Portfolio holding - Metals X For personal use only Description Snapshot • Tin producer with 50% interest in the Renison Tin Operation, Tasmania. Ticker ASX : MLX • Also owns the undeveloped Wingellina Nickel-Cobalt Project straddling WA, NT and SA. Price (30 Apr 21) $ 0.235 Situation Market cap $m 2
Slide 13: Base Resources
Portfolio holding - Base Resources For personal use only Description Snapshot • Owns and operates the Kwale mineral sands project in Kenya, which produces zircon, ilmenite Ticker ASX : BSE and rutile. Price (30 Apr 21) $ 0.275 • Owns the undeveloped Toliara mineral sands project, Madagascar. Market
Slide 14: Vita Group
Portfolio holding - Vita Group For personal use only Description Snapshot • Australian retailer which owns and operates 104 Telstra-branded retail stores and 20 premium Ticker ASX : VTG cosmetic skincare clinics, mostly under the Artisan Aesthetic brand. • Also owns a mobile phone accessories busine
Slide 15: Consorcio ARA
Portfolio holding - Consorcio ARA Description Snapshot For personal use only • Mexican homebuilder that constructs 10-12k homes p.a., ~60% of which are flats/apartments. Ticker MEX : ARA • Three segmented product offerings: Affordable Entry Level (~A$25-40k per unit), Middle Income (A$40-85k) and Re
Slide 16: Board & Management
Board & Management For personal use only David Lamm Adam Saunders Ilan Rimer Leslie Smith Executive Chairman & Executive Director & Non-Executive Director Chief Financial Officer & Chief Investment Officer Portfolio Manager Company Secretary • Responsible for the origination of • Responsible for the
Slide 17: Investment proposals
Investment proposals Submit an investment opportunity for us to consider to: investments@ngecapital.com.au For personal use only ACN: 112 618 238 Phone: +61 3 9648 2290 Email: office @ ngecapital.com.au Web: www.ngecapital.com.au