AMCIL Limited · ASX:AMH
AMCIL — Investor Presentation (April 2008)
16 slides from AMCIL's investor presentation, Apr 1, 2008
Slide 1: ASX cover letter: Shareholder Information Meetings - Presentation
For personal use only 1 April 2008 The Manager Company Announcements Office Australian Securities Exchange Limited Exchange Centre Level 4 20 Bridge Street Sydney NSW 2000 Electronic Lodgement AMCIL Limited Shareholder Information Meetings - Presentation Dear Sir or Madam Please find attached the pr
Slide 2: AMCIL Shareholder Meetings March/April 2008 Presentation
For personal use only AMCIL Shareholder Meetings March/April 2008 Presentation
Slide 3: Disclaimer
Disclaimer For personal use only AMCIL Limited, their 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,
Slide 4: AMCIL's Investment Structure – March 2008
AMCIL’s Investment Structure – 19 March 2008 For personal use only Investment portfolio: A$88.7 million 33 companies Trading portfolio: A$7.6 million Short term positions Options writing strategies Cash of $19.1 million
Slide 5: Financial Highlights - Half Year to December 2007
Financial Highlights - Half Year to 31 December 2007 For personal use only 2007 2006 Change Operating Profit After Tax $1.7m $ 1.5m +9.3% AIFRS Reported Profit After Tax* $7.1m $4.8m +47.9% Operating Profit Per Share 0.98c 1.5c -34.7% Operating Profit Per Share 0.98c 0.91c +7.7% (on a diluted basis)
Slide 6: Dividend Policy
Dividend Policy For personal use only Maximise the distribution of the franking account balance subject to the level of profit for the year It would not be normal practice to distribute realised capital gains unless franking credits have been generated As has been normal practice an interim dividend
Slide 7: AMCIL Top Holdings – March 2008
AMCIL Top 20 Holdings – 19 March 2008 For personal use only $ million * BHP Billiton 10.3 Queensland Gas Company 7.8 * Telstra Corporation (a) 6.5 Rio Tinto 6.3 ConnectEast Group 5.3 Bradken 4.6 * Amcor 4.2 AMP 4.2 Peet 3.7 * Brambles 3.7 ASG Group 3.6 Equity Trustees 3.4 (a) Includes $2.9 million o
Slide 8: AMCIL Top Holdings – March 2008
AMCIL Top 20 Holdings – 19 March 2008 For personal use only $ million News Corporation (b) 3.2 Alumina 3.1 National Australia Bank 3.0 Oakton 2.8 Coca-Cola Amatil 2.2 Mitchell Communication Group 2.1 Tox Free Solutions 1.9 Oil Search 1.9 Total 83.8 As % of Total Portfolio 87.3% (excludes Cash) (b) I
Slide 9: Largest Acquisitions Investment Portfolio
Largest 5 Acquisitions Investment Portfolio For personal use only - (6 months to 31/12/07) $m BHP Billiton 2.9 Brambles 1.6 Mitchell Communications Group 1.4 Commonwealth Bank 1.1 Amcor 1.1
Slide 10: Largest Disposals Investment Portfolio
Largest 5 Disposals Investment Portfolio For personal use only - (6 months to 31/12/07) $m St George Bank 6.7 Santos 3.7 Transpacific Industries Group 2.7 Asciano Group 1.8 BHP Billiton 1.7
Slide 11: Major Acquisitions Investment Portfolio
Major Acquisitions Investment Portfolio For personal use only - (1/1/08-19/3/08) $000 Bradken 1,380 QBE Insurance Group 1,322 Commonwealth Bank 1,116 National Australia Bank 1,025 Tox Free Solutions 848 Equity Trustees 179 Pan Australian Resources 177 Mitchell Communications 175 Peet 121
Slide 12: Major Disposals Investment Portfolio
Major Disposals Investment Portfolio - For personal use only (1/1/08-19/3/08) $000 Rio Tinto 2,608 Alumina 1,846 Energy Developments 726
Slide 13: Share Price Relative to NTA
For personal use only Cents Ja n- 40 45 50 55 60 65 70 75 80 85 04 90 Ap r -0 4 Ju l-0 4 O ct -0 Ja 4 n- 0 Ap 5 r -0 5 Ju l-0 5 O ct -0 Share Price Ja 5 n- 0 Ap 6 r -0 6 NTA Share Price Relative to NTA Ju l-0 6 O ct -0 Ja 6 n- 0 Ap 7 r -0 7 NTA - diluted Ju l-0 7 O ct -0 Ja 7 n- 08
Slide 14: Share Price Relative to Net Asset Backing
08 b- Fe -08 n Ja -07 Share Price Relative to Net Asset Backing Premium Discount ec 7 D v-0 o N t-07 c O -07 p 7 Se -0 ug A -07 l Ju -07 n 7 Ju y-0 a M r-07 p A -07 ar M -07 b Fe -07 n Ja -06 ec 6 D v-0 o N t-06 option exercise c O -06 p 6 Se -0 ug and expiry A -06 l Ju -06 n 6 Ju y-0 a M r-06 p A r
Slide 15: Outlook
Outlook For personal use only Concerns about the US economy/financial markets unlikely to subside in the short term Australian remains well placed but facing increasing risks AMCIL has good cash reserves Taking a patient approach in volatile markets Looking for quality businesses under short term sh
Slide 16: Shareholder Meeting
For personal use only Shareholder Meeting