NAOS Emerging Opportunities Co. Ltd. · ASX:NCC
NAOS Emerging Opportunities — Q1 FY2017 Earnings Presentation
22 slides from NAOS Emerging Opportunities's earnings presentation, Oct 13, 2016
Slide 1: Quarterly Investor Briefing 1st Quarter FY-2017
For personal use only QUARTERLY INVESTOR BRIEFING 1ST QUARTER FY-2017 NAOS Emerging Opportunities Company Limited (ASX: NCC)
Slide 2: Call Details
CALL DETAILS For personal use only 1. Date Thursday 13th October 2016 2. Time 11.00am AEDT 3. Telephone 1800 857 029 4. Guest Access Code 10842873# 5. Questions Please email all questions to enquiries@naos.com.au prior to the allotted call time Conviction Long Term Investing | Copyright 2016 NAOS As
Slide 3: Agenda
AGENDA For personal use only 1. NCC FY Year End Review • Performance Summary , Positive v Negative Return Months • Stock Contribution (Since Inception) • Risk Measures • Capital Analysis • Dividend Profile • Marketing and Investor Awareness, Shareholder Numbers • Director/Shareholder Alignment • His
Slide 4: 1. NCC Review
For personal use only 1. NCC Review Conviction Long Term Investing | Copyright 2016 NAOS Asset Management Limited 4
Slide 5: NCC: Performance & Portfolio Characteristics Summary
NCC: PERFORMANCE & PORTFOLIO CHARACTERISTICS SUMMARY AS AT 30TH SEPTEMBER 2016 For personal use only 2 Year 3 Year Inception Inception 1 Month 6 Months 1 Year (% p.a.) (% p.a.) (% p.a.) (% Nom.) NCC Investment Portfolio Performance* +3.65% +31.08% +48.23% +18.32% +16.74% +23.39% +112.74% S&P/ASX Sma
Slide 6: NCC: Positive Stock Contribution Summary (Since Inception)
NCC: POSITIVE STOCK CONTRIBUTION SUMMARY (SINCE INCEPTION) AS AT 30TH SEPTEMBER 2016 For personal use only Positive Stock Attribution Analysis (Attribution is what has contributed to NCC’s performance since inception) (1st March 2013 to 30th September 2016) The table below lists the top positive con
Slide 7: NCC Capital Analysis
NCC CAPITAL ANALYSIS: AS AT 30 TH SEPTEMBER 2016 For personal use only NTA Analysis Pre Tax - $1.42 Post Tax Pre Unrealised Gains Tax – $1.42 Post Tax - $1.31 Share Price $1.32 Discount to NTA (Pre-Tax) -7.04% Fully Franked Dividend Yield 5.11% Gross Dividend Yield 7.29% Shares on Issue 46,918,297 D
Slide 8: NCC: Historical Dividend Profile
NCC: HISTORICAL DIVIDEND PROFILE AS AT 30 TH SEPTEMBER 2016 For personal use only $0.0800 $0.0675 $0.0700 $0.0625 $0.0575 $0.0600 $0.0500 $0.0400 $0.0250 $0.0300 $0.0200 $0.0100 $0.0000 FY-2013 FY-2014 FY-2015 FY-2016 Conviction Long Term Investing | Copyright 2016 NAOS Asset Management Limited 8
Slide 9: NAOS Marketing and Investor Awareness
NAOS MARKETING AND INVESTOR AWARENESS For personal use only • Media Appearances and Press; Switzer, Cuffelinks, Eureka Report, Livewire, AFR, Financial Standard, Sharecafe & Adviser Voice. • CEO Insights, Weekly NAOS Newsletter • Conferences – Australian Shareholders Association National Conference
Slide 10: NCC: Directors Increasing Alignment with Shareholders Since IPO
NCC: DIRECTORS INCREASING ALIGNMENT WITH SHAREHOLDERS SINCE IPO AS AT 11 TH OCTOBER 2016 For personal use only 1,910,061 2,000,000 1,800,000 1,543,000 1,600,000 1,400,000 1,047,590 1,200,000 1,000,000 800,000 613,415 600,000 200,000 283,829 400,000 200,000 0 David Rickards Sebastian Evans Warwick Ev
Slide 11: NCC: Portfolio Structure Historical Net Equity and Cash Weightings
NCC: PORTFOLIO STRUCTURE HISTORICAL NET EQUITY AND CASH WEIGHTINGS AS AT 30 TH SEPTEMBER 2016 For personal use only Net Equity Weighting Cash and Cash Equivalents Weighting Short Exposure 120% 99.43% 100% 80% 60% 40% 20% 0.57% 0% -20% -40% Conviction Long Term Investing | Copyright 2016 NAOS Asset M
Slide 12: NCC: Portfolio Structure Allocation by Industry/Sector (Net)
NCC: PORTFOLIO STRUCTURE ALLOCATION BY INDUSTRY/SECTOR (NET) AS AT 30 TH SEPTEMBER 2016 For personal use only 0.57% Cash and Cash Equivalents 0.27% Healthcare 1.32% Agriculture 2.16% Materials 7.60% Transport 13.77% Telecommunications 17.19% Media 23.07% Diversified Financials 34.05% Consumer Servic
Slide 13: NCC: Company Meetings
NCC: COMPANY MEETINGS For personal use only The NAOS investment philosophy is based around the belief that for a company to succeed and generate strong returns for shareholders it must be led by a motivated, proven and experienced management team. NAOS Investment Team has direct contact with many li
Slide 14: 2. Market Outlook
For personal use only 2. Market Outlook Conviction Long Term Investing | Copyright 2016 NAOS Asset Management Limited 14
Slide 15: Market Outlook: Focus for 2Q FY2017
MARKET OUTLOOK: FOCUS FOR 2Q FY2017 For personal use only • AGM Season: • Companies will provide a trading update for the four months of the financial year. • Major focus for AGM season: • Gauge the underlying momentum within each business over the first four months. • The ability of the management
Slide 16: Market Outlook: High Yield Debt Market (Junk Bond ETF)
MARKET OUTLOOK: HIGH YIELD DEBT MARKET (JUNK BOND ETF) For personal use only Conviction Long Term Investing | Copyright 2016 NAOS Asset Management Limited 16
Slide 17: Market Outlook: Noticeable Change in Industry Performance Within the ASX-300
MARKET OUTLOOK: NOTICEABLE CHANGE IN INDUSTRY PERFORMANCE WITHIN THE ASX-300 For personal use only Conviction Long Term Investing | Copyright 2016 NAOS Asset Management Limited 17
Slide 18: Market Outlook: NAOS Investment Philosophy
MARKET OUTLOOK: NAOS INVESTMENT PHILOSOPHY For personal use only Companies valued based on todays flat earnings profile but not tomorrows growing earnings Proven base. management Existing revenue teams with strong streams. shareholder alignment. Focus on Ability to drive Balance sheet flexibility. t
Slide 19: 3. Keeping Up to Date
For personal use only 3. Keeping Up to Date Conviction Long Term Investing | Copyright 2016 NAOS Asset Management Limited 19
Slide 20: Investor Awareness and Communications
INVESTOR AWARENESS AND COMMUNICATIONS For personal use only CEO Insights, Weekly NAOS Newsletter, subscribe via our website www.naos.com.au/#subscribeform Quarterly Shareholder Conference Calls, subscribe via our website www.naos.com.au/#subscribeform Monthly Investment Report & NTA email updates, s
Slide 21: The NAOS Team and NCC Directors
THE NAOS TEAM AND NCC DIRECTORS For personal use only Sebastian Evans Richard Preedy Chief Investment Officer/ Chief Financial & Operating Officer Managing Director Ben Rundle Julie Coventry Portfolio Manager Compliance Officer Sebastian Evans David Rickards Warwick Evans Director Independent Chairm
Slide 22: Disclaimer
For personal use only Disclaimer This presentation has been prepared by NAOS Asset Management Limited (ABN 23 107 624 126, AFSL 273529, “NAML”). The purpose of this presentation is to provide information only; any other use other than informational purposes is disclaimed. The information provided is
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