Desane Group Holdings Ltd · ASX:DGH
Desane — Shareholder Meeting (November 2012)
23 slides from Desane's shareholder meeting presentation, Nov 9, 2012
Slide 1: Annual General Meeting
For personal use only Annual General Meeting
Slide 2: 2012 Chairman's Highlights
2012 Chairman’s Highlights Mr John Sheehan - Chairman For personal use only ➡ The Group’s FY 2012 profit before tax was $1.3m ($0.9m after tax) ➡ Included in the profit was an upward revaluation of $0.7m in the Group’s property assets ➡ The Group’s total assets have increased by 2.4% and the total v
Slide 3: Shareholder Resolutions
Shareholder Resolutions TO LAY BEFORE THE 2012 ANNUAL GENERAL MEETING: For personal use only 1. To adopt the financial and other reports 2. To declare a final dividend of 1 cent per share (unfranked) 3. To re-elect John Bartholomew as a Non-Executive Director 4. To approve directors’ remuneration (n
Slide 4: Annual General Meeting Presentation & Company Highlights
Annual General Meeting For personal use only Presentation & Company Highlights 9th November 2012 Mr Phil Montrone Managing Director & CEO
Slide 5: FY 2012 Highlights
Group FY 2012 Highlights For personal use only ➡ Net Profit before tax of $1.3m (after tax $0.9m) ➡ Increase in net rental income of 3.5% to $2.3m
Slide 6: FY 2012 Highlights
Group FY 2012 Highlights For personal use only ➡ Increase in net tangible assets (NTA) by 2.7% to $24.5m ➡ Increase in NTA per share to 81 cents reflecting a premium to actual share price at June 2012
Slide 7: FY 2012 Highlights
Group FY 2012 Highlights For personal use only ➡ Reduction in total borrowings by 0.7% to $19.5m ➡ Reduction in finance costs by 14.9% to $1.2m ➡ Renewal of all loan terms on a medium to long term basis ➡ Current loan to valuation ratio (LVR) across the group of 0.53 (well below the LVR of 0.65 requ
Slide 8: FY 2012 Highlights
Group FY 2012 Highlights For personal use only ➡ Earning per share (EPS) of 3.1 cents ➡ Consistent dividend payouts following a 1 cent per share dividend
Slide 9: Industrial Property Market Overview
Industrial Property Market Overview ➡ Speculative industrial projects remain limited despite reasonably successful leasing outcomes as For personal use only development finance hurdles continue to constrain project progression ➡ Demand however for established prime and secondary grade industrial war
Slide 10: Industrial Property Market Overview
Industrial Property Market Overview For personal use only
Slide 11: Industrial Property Market Overview: Lane Cove Industrial Market
Industrial Property Market Overview LANE COVE INDUSTRIAL MARKET For personal use only ➡ A high volume of leasing transactions during the past two years has led to average rents for A-grade warehouses with ancillary office space increase from $130 square metre to $140-$145 a square metre on average ➡
Slide 12: Property Portfolio - Overview
Group Property Portfolio - Overview For personal use only
Slide 13: Property Portfolio - Overview
Group Property Portfolio - Overview For personal use only
Slide 14: Property Portfolio - Overview
Group Property Portfolio - Overview For personal use only
Slide 15: Property Portfolio - Overview
For personal use only Group Property Portfolio – Overview
Slide 16: Property Portfolio - Overview
For personal use only Group Property Portfolio – Overview
Slide 17: Property Portfolio - Overview
For personal use only Group Property Portfolio – Overview
Slide 18: Property Portfolio - Overview
For personal use only Group Property Portfolio – Overview
Slide 19: Property Portfolio - Overview
For personal use only Group Property Portfolio – Overview
Slide 20: Property Portfolio – Overview: 316-332 Burns Bay Road, Lane Cove
Group Property Portfolio – Overview 316-332 Burns Bay Road, Lane Cove ➡ The EOI campaign undertaken in March 2011 highlighted the need to proceed to obtain DA approval for up to 220 residential units For personal use only ➡ A Development Application has been lodged with Council. Approval is expected
Slide 21: Proposed Residential Block Plan
Group Property Portfolio – Overview 316-332 Burns Bay Road, Lane Cove Proposed Residential Block Plan For personal use only
Slide 22: FY13 Focus
Group FY13 Focus For personal use only ➡ Continue to reduce funding costs ➡ Maintain core focus on increasing the groups assets through rental growth ➡ Proceed with the DA approval of the 316-332 Burns Bay Road, Lane Cove asset ➡ Identify capital growth opportunities for 47-51 Lilyfield Road & 68-72
Slide 23: General Discussion Q&A
Desane Group Holdings Limited Annual General Meeting 2012 For personal use only General Discussion Q&A “Desane will continue to operate as premium commercial and industrial property managers, creating consistent levels of earnings, asset growth and wealth for its shareholders”
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