NGE Capital Ltd · ASX:NGE
NGE Capital — New Guinea Energy — Shareholder Meeting (May 2017)
16 slides from NGE Capital's shareholder meeting presentation, May 30, 2017
Slide 1: New Guinea Energy Limited – Annual General Meeting 2017
New Guinea Energy Limited (to be renamed “NGE Capital Limited”) Annual General Meeting 2017 30 May 2017 Chairman’s Presentation
Slide 2: Disclaimer
Disclaimer The information in this presentation is in summary form and should not be relied upon as a complete and accurate representation of New Guinea Energy Ltd and or its various business activities. While management has taken every effort to ensure the accuracy of the material in the presentati
Slide 3: Company snapshot
Company snapshot New Guinea Energy Limited (NGE or Company) is Summary a Listed Investment Company (LIC) which allows investors to invest in a concentrated, high ASX ticker NGE conviction, professionally managed portfolio of financial assets. NTA per share post tax (30 Apr 2017) $ $0.570 Focus p
Slide 4: Review of operations
Review of operations Net Profit After Tax of $691k achieved in FY2016, NGE share price performance with Company’s Net Tangible Assets growing $413k, despite one-off costs of $770k in transforming the Total return NGE ASX 200 Accum. business. Since May 2015 34.4% 12.2% Change in nature and scale
Slide 5: Investment philosophy
Investment philosophy Target investments that can generate strong returns with an adequate margin of safety • Individual securities can and do significantly deviate away from their fair value. • Potential to generate strong risk-adjusted returns by investing in select securities at opportune times.
Slide 6: Investment process
Investment process Idea generation Proprietary research • Screening • Fundamental analysis • Identify mispricing • Company meetings / site visits • Leverage network of contacts • Speak to experts Investment decision Assessment • Buy, hold, sell, wait, do nothing • Qualify against investment philosop
Slide 7: ASX's best performing LIC in 2017 YTD
ASX’s best performing LIC in 2017 YTD NGE has been the best performing LIC on the ASX since the beginning of the year. NTA per share (year to date) ($ per share) $0.600 $0.570 Total portfolio return Since 1-Jan-17 $0.565 $0.553 NGE 14.7% $0.550 $0.531 ASX 200 Accumulation 5.9% $0.497 $0.500 LICs -
Slide 8: NGE portfolio
NGE portfolio Key characteristics – 30 April 2017 Top holdings – 30 Apr 2017 Listed equities 43% Mineral Deposits 19% Convertible notes 3% Eureka Group Holdings 13% Unlisted equities 1% Godfreys Group 6% Other 1% Peet 5% Cash balance 52% 8
Slide 9: Recent wins – Karoon Gas Australia
Recent wins – Karoon Gas Australia Karoon Gas Australia Limited (ASX:KAR) Share price performance 5.00 20,000 Description Oil and gas explorer with operations in Australia, Brazil and Peru. 4.50 18,000 Stated ambition to transition from explorer to producer. 4.00 16,000 Situation Trading at a
Slide 10: Recent wins – Metals X / Westgold
Recent wins – Metals X / Westgold Metals X (ASX:MLX) and Westgold Resources (ASX:WGX) Share price performance – Metals X 1.00 150,000 Description Gold and base metals (Copper and Tin) 0.90 Purchase shares 125,000 exploration, development and production at $0.68 equiv. 0.80 100,000 company. 0.70 75
Slide 11: Portfolio holding: Eureka Group
Portfolio holding: Eureka Group Eureka Group Holdings (ASX:EGH) Snapshot Description Provider of low cost rental accommodation to ASX ticker EGH independent retirees who are reliant on the Price (26 May 2017) $ 0.40 Government pension and Rent Assistance. The company owns and manages 26 villages
Slide 12: Portfolio holding: Godfreys
Portfolio holding: Godfreys Godfreys Group (ASX:GFY) Snapshot Description Specialty retailer of vacuum cleaners and cleaning ASX ticker GFY products for domestic use in Australia and NZ. Price (26 May 2017) $ 0.625 Situation Share price has taken a battering after a series of Market cap $m 26 po
Slide 13: Portfolio holding: Mineral Deposits
Portfolio holding: Mineral Deposits Mineral Deposits (ASX:MDL) Snapshot – Mineral Deposits Description MDL owns a 50% stake in the TiZir joint venture, ASX ticker MDL which owns the Grande Cote (GCO) mineral sands Price (26 May 2017) $ 0.55 operation in Senegal and the TiZir Titanium & Iron ilmeni
Slide 14: Company meetings
Company meetings We believe there is no substitute for meeting with company management. We meet with a lot of companies as part of our research process. To give a sense of the areas of the market we are covering here is a selection of companies we held meetings with, visited or attended their
Slide 15: Outlook
Outlook Funds investing in industrials We expect that it will become Continue to build up NGE’s and profiting from PE more of a stockpicker’s portfolio and grow NTA based expansion at a time of loose market in the near-term, on sound investment global monetary policies will which will suit us just f
Slide 16: Contact details
Contact details David Lamm Executive Chairman New Guinea Energy Limited P: +61 3 9648 2290 E: office@ngenergy.com.au www.ngenergy.com.au ACN: 112 618 238 16