WAM Capital Ltd. · ASX:WAM
WAM Capital — Investor Presentation (June 2006)
10 slides from WAM Capital's investor presentation, Jun 1, 2006
Slide 1: WAM Capital Limited Presentation June 2006
WAM CAPITAL LIMITED CAC ORG SN AUS) PRESENTATION June 2006
Slide 2: Results of Shareholder Questionnaire
WAM CAPITAL LTD RESULTS OF SHAREHOLDER QUESTIONNAIRE CAPITAL PROTECTION 21.33% CAPITAL GROWTH 33.33% DIVIDEND YIELD 45.34%
Slide 3: What Are You Investing In?
WHAT ARE YOU INVESTING IN? ¢ Actively managed portfolio (Turnover 3.1 x of FUM) ¢ Investment Process - Research Driven - Market Driven > Currently own 97 companies
Slide 4: Value Added
VALUE ADDED GROSS ALL OUTPERFORMANCE PORTFOLIO | ORDINARIES 1999/2000 +33.3% +11.3% +22.0% 2000/2001 +30.2% +8.9% +21.3% 2001/2002 +32.7% -4.5% +37.2% 2002/2003 +12.3% -1.1% +13.4% 2003/2004 +27.3% +22.4% +4.9% 2004/2005 +13.9% +24.8% -10.9% 2005/2006 +29.1% +27.5% +1.6% to 30 April 2006
Slide 5: Current Portfolio Split
CURRENT PORTFOLIO SPLIT e INVESTMENT PORTFOLIO > 86% of Gross Assets Research Stocks 57.8% Trading Stocks 42.2% ¢ CASH & FIXED INTEREST > 14% of Gross Assets
Slide 6: Top Trading Stocks
TOP 10 TRADING STOCKS ‘nage of Gross Value Assets 1 | OMP Oamps Ltd $3,342,513.90 2.8% 2| BEN Bendigo Bank Ltd $3,073,140.00 2.6% 3|PSA Petsec Energy Ltd $1,915,200.00 1.6% 4 | MFI Mariner Financial Ltd $1,226,400.00 1.0% 5 | OFM OFM Investments Ltd $1,166,432.11 1.0% 6 | RCT Reef Casino Tst Ltd $1,
Slide 7: Top Research Stocks
TOP 10 RESEARCH STOCKS ‘age of Gross Value Assets 1| CCP Credit Corp Grp Ltd $5,785,097.65 4.9% 2|TWR Tower Ltd $4,279,211.10 3.6% 3| SHV Select Harvests Ltd $3,759,516.00 3.2% 4|RKN Reckon Ltd $3,173,967.99 2.7% 5| SIP Sigma Pharma. Ltd $2,881 ,396.00 24% 6| TGR Tassal Group Ltd $2,808,615.70 24% 7
Slide 8: Dividends
DIVIDENDS DIVIDEND INTERIM | FINAL | FULL | SPECIAL YEAR 1999/2000 2c 2c 4c 8c 2000/2001 3c 3c 6c 8c 2001/2002 4c 4c 8c 4c 2002/2003 4c 4c 8c - 2003/2004 5c 5c 10c - 2004/2005 6c 6c 12c - 2005/2006 7c
Slide 9: How Do We Pay Dividends?
HOW DO WE PAY DIVIDENDS? Current pretax NTA 173.51c Currently have $17.4m (or 25.8c) Retained Earnings Need a return of 11.4% to pay a 14c dividend Franking credits sufficient
Slide 10: Where To From Here?
WHERE TO FROM HERE? ¢ STRONG DIVIDEND FLOW ¢ MOVE BACK TO A PREMIUM * FOCUS ON PERFORMANCE