Desane Group Holdings Ltd · ASX:DGH
Desane — Shareholder Meeting (October 2020)
22 slides from Desane's shareholder meeting presentation, Oct 27, 2020
Slide 1: 28 October 2020
28 OC TOBER 2020
Slide 2: Agenda
AGENDA Chairman’s Address CEO & Managing Director’s Address Questions Annual General Meeting 2020
Slide 3: Chairman's Address
CHAIRMAN’S ADDRESS Professor John Sheehan AM Annual General Meeting 2020
Slide 4: Formal Proceedings Proxy Voting
FORMAL PROCEEDINGS PROXY VOTING Annual General Meeting 2020
Slide 5: Summary
SUMMARY Total number of ASX-listed Desane Group Holdings Ltd shares is 40,909,990 DESANE GROUP HOLDINGS LTD VALID PROXIES RECEIVED FOR RESOLUTION FOR OPEN AGAINST ABSTAIN Item 1 : Consideration of Financial Statements N/A N/A N/A N/A and Reports 12,859,973 6,519,836 - - Item 2 : Adoption of Remunera
Slide 6: CEO & Managing Director's Address
CEO & MANAGING DIRECTOR'S ADDRESS Phil Montrone OAM Annual General Meeting 2020
Slide 7: At a Glance
AT A G L A N C E NPAT FULL YE AR DIVIDEND $2.3m 4.5c $3.4m $1.44 $82.6m EBIT NTA PER SHARE TOTA L ASS ETS Annual General Meeting 2020
Slide 8: COVID Response
COVID 19 RESPONSE 01 safety & wellbeing Ensuring the health and safety of our employees and customers 02 Government engagement The Group has not had to apply 05 for funds from the Federal Tenant support Government's JobKeeper scheme Proactively working with our tenants to provide an C OVID-19 approp
Slide 9: Assets
ASSETS CASH & OTHER ASSETS FINANCIAL ASSETS PRUDENT BALANCE SHEET GIVEN VOLATILE 13% PROPERTY MARKET CONDITIONS 11% 76% INVESTMENT & DEVELOPMENT PROPERTY ASSETS Annual General Meeting 2020
Slide 10: Key Financial Metrics
KEY FINANCIAL METRICS $4.3m $1.44 $ 8 2 .6 m 2.50% 35% 13 months 2 Net liquid NTA per security Average cost of LVR Debt term to debt drawn debt maturity position 1 Desane total Group assets 1 (cash of $10.2m less borrowings of $5.9m) 2 based on secured property funding Annual General Meeting 2020
Slide 11: Rewarding Shareholders
R E WA R D I N G S H A R E H O L D E R S $19.0m in the past six years (approx 52cps) FY20 Interim Dividend 2.25 S PA I D Total dividend paid is 4.5cps Final Dividend 2.25 ND I DE I V D Total Dividend 4.5 Y 2 0 F O O K OU TL Continuing scope for shareholders to benefit from future dividend payments A
Slide 12: Annual General Meeting 2020
Annual General Meeting 2020
Slide 13: Property Portfolio
PROPERTY PORTFOLIO QUEENSLAND NEW SOUTH WALES Annual General Meeting 2020
Slide 14: Property Portfolio: Industrial Ave, Wacol, QLD
PROPERTY PORTFOLIO 16 INDUSTRIAL AVE, WACOL, QLD 2019 purchase of a 21,750m industrial 2 property located in the Brisbane suburb of Wacol Received development approval from Brisbane City Council for an additional 3,250m facility 2 On completion, the combined facilities will generate over $1.0m per a
Slide 15: Property Portfolio: Sirius Rd, Lane Cove, NSW
PROPERTY PORTFOLIO 7 & 13 SIRIUS RD, LANE COVE, NSW New 5 year lease with Signature Orthopaedics, representing a 6.5% increase year on year New 5 year lease with HMA Group that commenced in December 2019 Lease extension with Lizard Centre, representing a 3.2% increase year on year The Lane Cove port
Slide 16: Property Portfolio: Allen St, Leichhardt, NSW
PROPERTY PORTFOLIO 159 ALLEN ST, LEICHHARDT, NSW 2 2,782m property located in the Sydney city fringe Development approval received for 46 residential apartments Close to public services and amenities A valuable addition in a highly sought after area Annual General Meeting 2020
Slide 17: Property Portfolio: Norton St, Leichhardt, NSW
PROPERTY PORTFOLIO 322 NORTON ST, LEICHHARDT, NSW 2 607m mixed use property located in the Sydney city fringe The property has an existing residential DA approval for 9 apartments Application is being prepared for a new scheme with Inner West Council Annual General Meeting 2020
Slide 18: Property Portfolio: Thornton Dr, Penrith, NSW
PROPERTY PORTFOLIO 91 THORNTON DR, PENRITH, NSW Desane is progressing discussions with Penrith Council for planning for this 1.2ha site Council has included the site in its City Centre as a part of the “Lifestyle Village” The proposal has the potential to provide a mixed use development 400m from Pe
Slide 19: Loan Portfolio
LOAN PORTFOLIO Senior debt with first mortgage TYPE Commercial Industrial Building TYPE Various Property Types FACILITY AMOUNT $6.0m* FACILITY AMOUNT $2.9m* TERM 12 months* TERM 12-24 months INTEREST RATE 8% (12% default rate) INTEREST RATE 7.5% (average) LVR 65% LVR 50% (average) for each investmen
Slide 20: FY21 Outlook
FY21 OUTLOOK What next? 2021 continue to deliver 04 maximum returns for shareholders 03 continue to source value add property investments adopt its core strategy to 02 leverage opportunities in the new normal remain well positioned for long term 01 growth, underpinned by the strength of its balance
Slide 21: Questions
Slide 22: Disclaimer
DISCLAIMER This presentation paper has been published for information only. The information contained in this presentation paper is of general purpose nature and does not constitute financial product advice. It has been prepared without taking into account any readers financial position or needs. As
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