Myeco Group Ltd · ASX:MCO
Myeco — SECOS 121 Hong Kong Tech Conference (June 2017)
15 slides from Myeco's conference presentation, Jun 15, 2017
Slide 1: Investor Presentation
(ASX: SES) Investor Presentation 1
Slide 2: SECOS is an eco-friendly, sustainable bioplastics manufacturer and developer
SECOS is an eco-friendly, sustainable bioplastics manufacturer and developer. With FY16 revenue of $21 million, SECOS supplies its patented biodegradable resins, packaging products and high-quality cast films to a blue-chip global customer base. 2
Slide 3: SECOS Group Ltd (ASX: SES)
SECOS Group Ltd (ASX: SES) Board of Directors and Key Management Personnel Trading Information Richard Tegoni Executive Chairman ASX stock code SES Stephen Walters Managing Director Share price (8 Jun 17) $0.083 Trevor Haines Executive Director Shares quoted on ASX 163.8m Donald Haller Jnr Non-Execu
Slide 4: Global sales and manufacturing capability
Global sales and manufacturing capability SECOS sells biodegradable resins, cast films and finished products from three manufacturing hubs to a growing customer base through its global network of sales offices and distribution partners Nanjing: Annual capacity to produce 7,200 tonnes of resin, 270 m
Slide 5: A diverse mix of attractive products and customers
A diverse mix of attractive products and customers 5
Slide 6: A diverse mix of attractive products and customers
A diverse mix of attractive products and customers SECOS’ core products by segment: FY16 revenue of $21 million Films & Packaging: • High quality cast films, thermal and adhesive laminates with excellent barrier properties • A range of products for use in food packaging, feminine hygiene, pet shee
Slide 7: The SECOS advantage
The SECOS advantage Genuine financial and social benefits for customers and consumers SECOS packaging products offer the following environmental benefits… • A reduced carbon footprint of up to 70% compared to conventional oil- based polyethylene • Fully recyclable via the standard plastic waste stre
Slide 8: A growing market opportunity
A growing market opportunity SECOS is strategically positioned to benefit from long-term growth in demand for bioplastics • There is an urgent need to replace traditional plastics with more sustainable products across multiple industries • SECOS has invested strongly in developing biohybrid and comp
Slide 9: 2017 operational and corporate highlights
2017 operational and corporate highlights • Financial results continuing to improve into the end • Cash outflows decreasing with a continued of FY17, with cash receipts up 20% year-on-year in focus on reducing fixed costs and boosting the March quarter to a record level of $7.1 million productivity
Slide 10: Business units turning profitable, outlook positive
Business units turning profitable, outlook positive Two of SECOS’ three units have achieved trading profitability in FY17 to date: Australia and Malaysia • An ongoing ramping up of business development at SECOS’ Australian and Malaysian operations now sees both units trading profitably in 2017 on a
Slide 11: Strong near-term sales growth pipeline across multiple segments and geographies
Strong near-term sales growth pipeline across multiple segments and geographies Line of sight on more than $29 million of potential incremental annual revenue in the short to medium term Short term revenue potential — Australia, US, Pet sheet pads and related products, additional $7.5 million p.a. J
Slide 12: Raising capital to accelerate growth
Raising capital to accelerate growth SECOS is seeking up to $2.0 million in new capital to fund anticipated growth • On 6 June 2017, SECOS launched a Share Purchase Plan targeting proceeds of A$1.5 million, and a Share Placement • $0.08 per share represents a via bookbuild to sophisticated and insti
Slide 13: Sustainable growth strategy and action plans
Sustainable growth strategy and action plans 1. Continue to meet demand among existing users of traditional plastics to substitute SECOS’ patented eco-friendly products, underpinning long-term revenue growth through higher resin sales 2. Improve sales strike rate by focusing on commercially ready pr
Slide 14: Investment highlights (ASX: SES)
Investment highlights (ASX: SES) An established clean tech business, growing rapidly in the attractive sustainable packaging market Expanding sales driven by multi-year industry trend favouring SECOS’ unique eco-friendly products Contact Strong intellectual property and patent protection Richa
Slide 15: Disclaimer
Disclaimer Forward looking statements disclaimer This presentation contains “forward-looking statements.” Such forward-looking statements may include, without limitation: (i) estimates of future earnings; (ii) estimates of future production and sales; (ii) estimates of future cash costs; (iv) estima
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