Desane Group Holdings Ltd · ASX:DGH
Desane — Shareholder Meeting (October 2022)
15 slides from Desane's shareholder meeting presentation, Oct 28, 2022
Slide 1: Annual General Meeting
ANNUAL GENERAL MEETING 28th October 2022
Slide 2: Chairman's Address
CHAIRMAN’S ADDRESS Professor John Sheehan AM DESANE GROUP HOLDINGS LTD Annual General Meeting 2022
Slide 3: Managing Director's Address
MANAGING DIRECTOR’S ADDRESS Phil Montrone OAM DESANE GROUP HOLDINGS LTD Annual General Meeting 2022
Slide 4: FY22 Results Snapshot
FY22 RESULTS SNAP SHOT Solid growth and continued profitability NTA TOTAL per share EBIT ASSETS NPAT $1.55 $6.8m $97.6m $4.6m FY22 HIGHLIGHTS • Investment property revaluation uplift of $7.2m • Total assets up 11.4% to $97.6m • Cash & financial assets of $15.4m generating an average of 7% pa interes
Slide 5: Capital & Balance Sheet Position
CAPITAL & BALANCE SHEET P OSITION TOTAL ASSETS - $97.6m - AS AT 30 JUNE 2022 • 3.7 years weighted average CBA debt facility Other Assets 1% • Gearing* remains low at <40% • Financial assets performing well - generating 7.0% pa interest revenue for Group Cash & Financial Assets • Ample capacity to de
Slide 6: Property
PROPERTY DESANE GROUP HOLDINGS LTD Annual General Meeting 2022
Slide 7: Inner Sydney Portfolio
I NNER SYDNEY P ORTFOL IO Leichhardt Portfolio Planning Approval, Development & Rental Income provide scope for Group • Acquisition of mixed-use property at 270-278 Norton Street, Leichhardt will bolster future revenue streams and provide long term development upside (STCA) • Development Approval re
Slide 8: Inner Sydney Portfolio - Lane Cove
I NNER SYDNEY P ORTFOL IO Lane Cove Portfolio The valuation of Lane Cove assets are underpinned by strong rental income and market sentiment for industrial/commercial properties in Sydney DESANE GROUP HOLDINGS LTD Annual General Meeting 2022
Slide 9: Western Sydney Portfolio
WESTERN SYDNEY P ORTFOL IO Penrith The 2.7 acres Penrith property asset is solidified by strong demand for sites in western Sydney DESANE GROUP HOLDINGS LTD Annual General Meeting 2022
Slide 10: Brisbane Portfolio
BRISBANE P ORTFOLIO Wacol Post expansion of Brisbane industrial asset will provide additional revenue streams and valuation upside DESANE GROUP HOLDINGS LTD Annual General Meeting 2022
Slide 11: Outlook
OUTLOOK The emerging economic challenges for property companies in Australia, over the next 12 to 24 months, will require Desane’s management to remain focussed on maintaining and improving its existing property assets’ value and income. Desane’s existing investment assets provide stability of incom
Slide 12: Items of Business & Proxies Received
I TEM S OF BUSINESS & PROXIES RECEIVED Total number of ASX-listed DGH shares is 40,909,990 Desane Group Valid proxies For Against Abstain Holdings Limited received Item 1 Receive and adopt the No voting for this item 2022 financial report Item 2 Adopt the 2022 100 9,517,886 57.84% 4,500 0.03% Nil re
Slide 13: Questions
QUESTIONS DESANE GROUP HOLDINGS LTD Annual General Meeting 2022
Slide 14: Disclaimer
DISCLAIMER This presentation paper has been published for information purposes only. The information contained in this presentation paper is of general purpose nature and does not constitute financial product advice. It has been prepared without taking into account any reader’s financial position or
Slide 15: Thankyou
THANKYOU DESANE GROUP HOLDINGS LTD Annual General Meeting 2022
Desane Group Holdings — Shareholder Meeting (October 2022) on 6ix