Weststar Industrial Ltd. · ASX:WSI
Weststar Industrial — Corporate Update (February 2019)
14 slides from Weststar Industrial's corporate update, Feb 27, 2019
Slide 1: Market Update Presentation
ASX Release Market Update Presentation 27 February 2019 Dear Fellow Shareholder, WESTSTAR WestStar Industrial has welcomed many new shareholders onto its share register. INDUSTRIAL LIMITED Given this activity and the interest in our Company, we have therefore prepared and ACN 119 047 693 attach a Sh
Slide 2: Market Update Presentation
Market Update Presentation February 2019 (ASX:WSI) Well Positioned for Project & Growth Opportunities Across Key Industrial Markets
Slide 3: 100% owned subsidiaries
100% owned subsidiaries Emerging engineering, construction Established pre-fabricated concrete and mining services company with construction company with specialist experience in large substantial operational office in resources projects Kwinana, Western Australia ● Civil, SMP & E&I ● Precast Concre
Slide 4: Current Client list order book (FY2019)
Current Client list order book (FY2019) $8M at Tianqi Lithium, $6M over 3 awards at Talison Lithium $14.0M $4.5M at Cape Lambert (Direct), $4M at West Angelas via ATCO $8.5M $1.7M at Cataby (Direct), $0.3M at Cataby via Grounded $2.0M $0.8M at Forrestfield Airport Rail link – 2nd contract $0.8M $0.5
Slide 5: Projects examples - SIMPEC
Projects examples - SIMPEC RIO TINTO MSP ENGINEERING RIO TINTO West Angelas Mine site Tianqi Lithium Plant Cape Lambert Port Facility ● Project Value: ~$4 million ● Combined Project Value: ~$8m ● Project Value: ~$4.5 million ● Supply and installation of the electrical ● Installation of piping and in
Slide 6: Client list order book (FY2019)
Client list order book (FY2019) WestStar Industrial Historical Financial Performance and Current Year Order Book to date $ 30,000,000 $ 30,500,000 $ 22,500,000 $ 15,000,000 $ 9,100,000 $ 7,500,000 $ 4,000,000 $0 FY17 FY18 FY19 (Year to Date) 05
Slide 7: Quarterly reported cash flows (A$)
Quarterly reported cash flows (A’$) $6.00M $5.77M $2.60M millions millions $2.46M $4.50M $1.95M $1.71M $3.67M $3.46M $3.00M $2.79M $1.30M $1.13M $1.64M $1.50M $1.20M $650k $732k $577k $531k $0 $0 Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18 Receipts from customers Operating expenses Receipts trend Cash
Slide 8: Clear growth strategy
Clear growth strategy Maintain & Develop client relationships Continually develop/maintain strong client relationships highlighted by repeat work Increase project scale Demonstrate quality capabilities to grow market traction and win new and larger contracts Service offering expansion Increase diver
Slide 9: Highly experienced management team
Highly experienced management team Robert Spadanuda Mark Dimasi David Dimasi Peter Horvath Derek Hall CEO WestStar Industrial Ltd Managing Director SIMPEC Director SIMPEC Commercial Manager Group Chief Financial Officer ● Held CEO roles with large ● 22 years’ experience in ● Experienced Project ● 25
Slide 10: WestStar Industrial – company snapshot
WestStar Industrial – company snapshot WestStar Industrial ASX Code: WSI WestStar board members Share Price (as at 25 Feb 2018) 2.4 cents Philip Re ● Chartered Accountant and a Member of the Institute of Company Directors Non Exec. Director ● 20 years’ corporate experience ● Significant ASX director
Slide 11: Olympic Domain interest
Olympic Domain interest WestStar Industrial maintains a 25% interest in the Olympic Domain tenements, which are subject to a farm-in joint venture with Cohiba Minerals Ltd (ASX:CHK) Olympic Domain tenements are situated in South Australia, in the famous Olympic Dam, Roxby Downs and Carrapateena Regi
Slide 12: Investment highlights: why WestStar?
Investment highlights: why WestStar? EMERGING engineering, construction and mining services company; TRACK RECORD significant revenue generation in under 12 months ($30M order book); POSITIONED to exploit any economic upturn in Western Australia; INTEREST in tenement adjacent to the BHP tenement; PO
Slide 13: Contacts details
Contacts details Directors: Office: Philip Re – Non-Executive Director Suite 1, 437 Roberts Road, E: pre@regencypartners.com.au Subiaco, WA 6008 Bert Mondello – Non-Executive Director P: +618 9466 9018 E: bmondello@regencycorporate.com.au E: info@weststarindustrial.com.au W: https://www.wsindustrial
Slide 14: Disclaimer
Disclaimer This presentation has been prepared by WestStar Industrial Ltd (ACN 119 047 693) (the Company). This presentation is being provided to a limited number of investor for the sole purpose of providing preliminary background financial and other information to enable recipients to review the b
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