NAOS Emerging Opportunities Co. Ltd. · ASX:NCC
NAOS Emerging Opportunities — Shareholder Meeting (November 2017)
14 slides from NAOS Emerging Opportunities's shareholder meeting presentation, Nov 10, 2017
Slide 1: Annual General Meeting FY2017
For personal use only ANNUAL GENERAL MEETING FY2017 NAOS EMERGING OPPORTUNITIES COMPANY LIMITED (ASX: NCC)
Slide 2: Important Information
IMPORTANT INFORMATION For personal use only This material has been prepared by NAOS Asset Management Limited (ABN 23 107 624 126, AFSL 273529) (NAOS) for general information purposes only and must not be construed as investment advice. It does not constitute an offer to purchase any security or fina
Slide 3: NCC Agenda
NCC AGENDA For personal use only 1. NCC FY2017 Review • Performance • Capital Analysis • Stock Attribution (Since Inception) • Dividend History • Total Return • NCC FY18 Update • NAOS Investment Beliefs 2. Keeping Up to Date • Investor Awareness & Communications • NAOS Team and Board of Directors Lo
Slide 4: 1. NCC Review
For personal use only 1. NCC Review ”It is impossible to produce a superior return unless you do something different to the majority” Sir John Templeton
Slide 5: NCC Performance
NCC PERFORMANCE For personal use only 1 Month 1 Year 2 Years 3 Years 4 Years Inception Inception (p.a.) (p.a.) (p.a.) (p.a.) (nom.) NCC Investment Portfolio +0.44% +12.39% +18.41% +12.46% +16.96% +18.26% +107.06% Performance* Benchmark +1.99% +7.01% +10.64% +7.13% +8.60% +3.39% +15.57% XSOAI# Relati
Slide 6: NCC Capital Analysis
NCC CAPITAL ANALYSIS As at 30 June 2017 For personal use only NTA $1.31 $1.29 $1.24 Pre Tax NTA Post Tax & Pre Post Tax NTA Unrealised Gains Tax SHARE PRICE $1.33 1.53% Share Price Premium to Pre Tax NTA SHARES ON ISSUE 59,173,393 DIRECTORS SHAREHOLDING 3,829,879 NUMBER OF HOLDINGS 12 Long Term Valu
Slide 7: NCC Positive Stock Attribution Summary (Since Inception)
NCC POSITIVE STOCK ATTRIBUTION SUMMARY (SINCE INCEPTION) AS AT 30 JUNE 2017 For personal use only Positive Stock Contribution Analysis (Contribution is what has attributed to NCC’s performance since inception of 1 March 2013) The table below lists the top positive contributors to NCC’s total return
Slide 8: NCC Dividend History
NCC DIVIDEND HISTORY AS AT 30 JUNE 2017 For personal use only Net Yield 5.26% | Franking 100% | Gross Yield 7.52% Fully Franked Dividends $0.08 $0.0675 $0.0700 $0.07 $0.0625 $0.0575 $0.06 $0.05 $0.04 Part Year $0.0250 $0.03 $0.02 FY2013 FY2014 FY2015 FY2016 FY2017 Long Term Value Investing | Copyrig
Slide 9: NCC Total Return
NCC TOTAL RETURN AS AT 30 JUNE 2017 For personal use only $0.45 Historical Shareholder Return Breakdown* $0.40 $0.35 $0.3100 $0.30 $0.2475 $0.25 $0.20 $0.1400 $0.15 $0.1060 $0.10 $0.05 Franking NCCO Options Dividends (Net) NTA (Pre-Tax) *Assumes an intrinsic NCCO value of $0.14 cents per option at e
Slide 10: NCC FY18 Update
NCC FY18 UPDATE AS AT 31 OCTOBER 2017 For personal use only +9.68% $1.44 1,784 270 NCC SHARE PRICE SHAREHOLDERS OCTOBER FY18 (8.3% INCREASE (INCREASE 6% ROADSHOW PERFORMANCE SINCE JUNE 17) SINCE JUNE 2017) ATTENDEES 2050 1850 Oct 17, 1784 1650 1450 Jun 17, 1679 Shareholders 1250 1050 850 Jun 16, 953
Slide 11: NAOS Investment Beliefs
NAOS INVESTMENT BELIEFS For personal use only We believe success is achieving returns for our investors, over a three to five year period, better than and without correlation to the broader market with less risk of permanent capital loss. We see value in the sharing of ideas with our investment comm
Slide 12: 2. Keeping up to Date
2. Keeping For personal use only up to Date “Superior results don’t come from buying high quality assets, but from buying assets – regardless of quality – for less than they’re worth. It’s essential to understand the difference between buying good things and buying things well.” Howard Marks
Slide 13: Investor Awareness and Communications
INVESTOR AWARENESS AND COMMUNICATIONS For personal use only CEO Insights, Quarterly Monthly The news and Twice yearly Weekly NAOS Shareholder Investment Report media section of National Newsletter, Conference Calls, & NTA email our website is Roadshow subscribe via our subscribe via our updates, sub
Slide 14: NAOS Team
NAOS TEAM For personal use only THE BOARD Sebastian Evans Mark Bennett Warwick Evans David O’Halloran David Rickards Managing Director, NAOS Asset Director, NAOS Asset Chairman, NAOS Asset Director, NAOS Asset Chairman & Director, Management Limited & Management Limited Management Limited & Manageme
Naos Emerging Opportunities Company — Shareholder Meeting (November 2017) on 6ix