Ausbil Australian Emerging Leaders Fund (ARSN 089 995 442) (Fund)

Total Page:16

File Type:pdf, Size:1020Kb

Ausbil Australian Emerging Leaders Fund (ARSN 089 995 442) (Fund) Contactus@ ausbil.com.au Ausbil Investment Ausbil Australian Emerging Management Limited ABN 26 076 316 473 AFSL 229722 Leaders Fund Level 27 225 George Street Sydney NSW 2000 Monthly performance update GPO Box 2525 Sydney NSW 2001 November 2020 Phone 61 2 9259 0200 Fax 61 2 9259 0222 ‘The much anticipated potential vaccine became Fund Characteristics a reality, earlier than expected, underpinning a Returns1 as at 30 November 2020 resurgence in economic growth’ Period Fund Bench- Out/Under Return1 mark2 performance Performance Review % % % Fund performance for November 2020 was +9.59 (net of fees) versus 1 month 9.59 7.68 1.91 the benchmark return of +7.68%. The benchmark is represented by a composite, 70% of the S&P/ASX MidCap 50 Accumulation Index and 3 months 8.96 9.07 -0.10 30% of the S&P/ASX Small Ordinaries Accumulation Index. 6 months 20.53 21.16 -0.63 At a sector level, the Portfolio’s overweight position in the Materials sector FYTD 20.07 18.39 1.68 added to relative performance. The underweight positions in the Consumer CYTD 8.08 11.13 -3.05 Staples, Health Care and Utilities sectors also added value. Conversely, 1 year 9.18 9.90 -0.72 the overweight positions in Energy and Information Technology detracted 3 years pa 4.78 8.67 -3.89 from performance. The underweight exposures to Industrials, Consumer 5 years pa 8.94 12.61 -3.66 Discretionary, Financials, Communication Services and Real Estate also 10 years pa 8.20 8.59 -0.39 detracted value. 15 years pa 7.34 6.63 0.71 At a stock level, the overweight positions in Lynas, Webjet, Corporate Since inception pa 10.66 9.34 1.33 Travel Management, Galaxy Resources, Worley, Uniti Group, Bank of Date: April 2002 Queensland and Domain Holdings contributed to relative performance. The nil positions in Domino’s Pizza and Ansell also added value. Top 10 Stock Holdings Conversely, the overweight positions in NextDC, Super Retail Group, Elders, Megaport, Saracen Mineral Holdings and Afterpay detracted from Name Fund Index2 Tilt relative performance. The underweight positions in Xero, REA Group, % % % Bendigo and Adelaide Bank and Beach Energy also detracted value. Afterpay 6.75 5.59 1.16 Market Review Lynas 6.28 0.42 5.86 Charter Hall Group 4.07 1.64 2.44 November generated a multi-decade high for monthly equity returns. While slightly underperforming the larger cap indexes, the Blended Benchmark BlueScope Steel 3.95 2.20 1.75 (70% S&P/ASX MidCap 50 and 30% S&P/ASX Small Ordinaries) still Domain Holdings Australia 3.82 0.14 3.69 contributed a strong positive +7.7% return, on the back of a modest Worley 3.81 1.05 2.77 pullback in the golds and the technology sector. While tech and gold Boral 3.81 1.29 2.52 were used as funding sources for tilting towards cyclicals in November, NextDC 3.78 1.31 2.47 this comes on the back of a largely tech-led performance this year which WiseTech Global 3.61 1.23 2.38 saw Information Technology deliver an annual return within the Blended ResMed Inc. 3.54 2.42 1.12 Benchmark of +53.9%. The much anticipated potential vaccine became a reality, earlier than expected, underpinning a resurgence in economic growth and driving Sector Tilts money into cyclicals and pandemic-impacted companies. Sector Fund Index2 Tilt % % % Outlook Energy 3.81 3.20 0.61 At the time of writing, the vaccine announcements had been followed Materials 30.83 20.39 10.45 by the first approval for use of the vaccine from Pfizer/BioNTech in Industrials 8.76 12.32 -3.56 the UK, underscoring the rapidly changing environment. Moreover, the Australian September quarter GDP read was published at +3.3%, Consumer Discretionary 16.02 13.61 2.41 marking a technical end to the pandemic recession, though GDP Consumer Staples 3.46 3.65 -0.19 remains below trend, and is not expected to recover in dollar terms Health Care 4.42 6.79 -2.37 until mid-2021. This outcome underscores the recovery profile that Financials 4.66 10.92 -6.26 Ausbil has predicted since the pandemic began, and has ensured the Information Technology 20.81 20.27 0.54 portfolios were well positioned ahead of the vaccine announcements Communication Services 1.67 1.92 -0.24 in order to benefit from the recent market rebound. Ausbil’s view of a Utilities 0.00 1.78 -1.78 U-shaped recovery remains, which started in the second half of 2020, Real Estate 4.07 5.17 -1.09 and should be strengthening into 2021, with a consequent recovery in earnings. While this is well supported by the data flow, a number of key Cash 1.48 0.00 1.48 assumptions underpin this view. The outlook assumes that the vaccines Total 100.00 100.00 0.00 will be efficacious, there will be no material return to wholesale lockdowns, 1. Fund returns are net of fees and gross of taxes. and that the earnings recovery that we expect to unfold in the coming 2. The composite benchmark is 70% S&P/ASX Midcap 50 Accumulation Index and reporting cycles will support increased employment. Ausbil’s outlook also 30% S&P/ASX Small Ordinaries Accumulation Index. assumes the current trade tensions with China will remain minimal in terms of actual trade impact, with a path forward for eventual resolution. 1 Ausbil Investment Management Limited Level 27 225 George Street Sydney NSW 2000 Australia Toll Free 1800 287 245 Unless otherwise specified, any information contained in this publication is current as at the date of this report and is prepared by Ausbil Investment Management Limited (ABN 26 076 316 473 AFSL 229722) (Ausbil). Ausbil is the issuer of the Ausbil Australian Emerging Leaders Fund (ARSN 089 995 442) (Fund). This report contains general information only and the information provided is factual only and does not constitute financial product advice. It does not take account of your individual objectives, financial situation or needs. Before acting on it, you should seek independent financial and tax advice about its appropriateness to your objectives, financial situation and needs. Securities and sectors mentioned in this monthly report are presented to illustrate companies and sectors in which the Fund has invested and should not be considered a recommendation to purchase, sell or hold any particular security. Holdings are subject to change daily. The value of an investment and the income from it can fall as well as rise and you may not get back the amount originally invested. Past performance is not a reliable indicator of future performance. Unless otherwise stated, performance figures are calculated net of fees and assume distributions are reinvested. Due to rounding the figures in the holdings, breakdowns may not add up to 100%. No guarantee or warranty is made as to the accuracy, adequacy or reliability of any statements, estimates, opinions or other information contained herein (any of which may change without notice) and should not be relied upon as a representation express or implied as to any future or current matter. You should consider the Product Disclosure Statement which is available at www.ausbil.com.au before acquiring or investing in the fund. Source: MSCI. The MSCI information may only be used for your internal use, may not be reproduced or disseminated in any form and may not be used as a basis for or a component of any financial instruments or products or indices. None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. The MSCI information is provided on an “as is” basis and the user of this information assumes the entire risk of any use made of this information. MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating any MSCI information (collectively, the “MSCI Parties”) expressly disclaims all warranties (including, without limitation, any warranties of originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall any MSCI Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages. Further information is available at www.msci.com. A short notice on the COVID-19 public health event, and how it can impact investments Given the currently evolving issues around the Coronavirus (or Covid-19) globally, which has officially been designated a pandemic by the World Health Organisation, we wish to notify that, as with many firms, business may be disrupted. A public health crisis, pandemic, epidemic or outbreak of a contagious disease, such as the recent outbreak of Coronavirus (or Covid-19) in Australia, Italy, China, South Korea, the United States and other countries, could have an adverse impact on global, national and local economies, which in turn could negatively impact investment returns in any of Ausbil Investment Management Limited’s registered managed investment schemes (the Funds). Disruptions to commercial activity relating to the imposition of quarantines or travel restrictions (or more generally, an inability on behalf of authorities to contain this pandemic) may adversely impact any investment, including by delaying or causing supply chain disruptions or by causing staffing shortages.
Recommended publications
  • The State of the Deal and Deloitte Queensland Index
    The State of the Deal and Deloitte Queensland Index March 2021 – Queensland Index Exceeds $100 billion THE STATE OF THE DEAL | March 2021 – Queensland Index Exceeds $100 billion Contents Executive Summary 1 Then & Now – Investment Landscape 3 Then & Now – Deloitte Queensland Index 4 Queensland Economic Update 7 The Deloitte Queensland Index Q1 2021 8 Contacts 11 Sources 12 ii THE STATE OF THE DEAL | March 2021 – Queensland Index Exceeds $100 billion Executive Summary Following the significant rebound in the second half of 2020, companies in the Deloitte Queensland Index exceeded $100 billion at 31 March 2021, the highest month end market capitalisation on record for the State. Deloitte Queensland Index S&P/ASX All Ordinaries Companies in the Deloitte return in Q1 2021 return in Q1 2021 Queensland Index 3.5% 2.4% 169 at 31 March 2021 10.6% in Q4 2020 14.0% in Q4 2020 173 at 31 December 2020 90 companies increased Market capitalisation as at Mar-21 market capitalisation (53%) 66 companies decreased market $101.6b capitalisation (39%) 12 no movement (7%) $97.2b as at Dec-20 $18.5b as at Sep-02 5 delistings 1 listing (1%) Announced QLD M&A Disclosed value of announced transactions in Q1 2021 QLD M&A transactions in Q1 2021 64 $1.9b 92 in Q4 2020 $3.3b in Q4 2020 1 THE STATE OF THE DEAL | March 2021 – Queensland Index Exceeds $100 billion The Deloitte Queensland Index increased by 3.5% in Q1 2021 Queensland M&A more broadly remains strong with with total market capitalisation increasing to $101.6b at 64 transactions announced in Q1 2021 including: Mar-21, the highest month end value on record for the State.
    [Show full text]
  • Lynas Corporation Limited
    Lynas Corporation Limited Stock Exchange Listing ASX: LYC Company profile Lynas Corporation owns the richest known deposit of Rare Earths, also known as Lanthanides, in the world at Mount Weld, near Laverton in Western Australia. This deposit underpins Lynas’ strategy to create a reliable, fully integrated source of Rare Earths supply from the mine through to customers in the global Rare Earths industry. Lynas has received all environmental approvals and commenced construction of a Concentration Plant at Mount Weld and an Advanced Materials Plant to process the Mount Weld concentrate through to final Rare Earths oxides in the Gebeng Industrial Estate, Kuantan, Pahang, Malaysia. The Company plans to become the benchmark for security of supply and a world leader in quality and environmental responsibility to an international customer base. ‘Rare Earths” is the term given to fifteen metallic elements known as the lanthanide series, plus yttrium. They play a key role in green environmental products, from energy efficient compact fluorescent light bulbs (CFLs) to hybrid cars, automotive catalytic converters and wind turbine generators. They are also essential in the development and manufacturing of many modern technological products, from hard disc drives to flat panel displays, iPods and magnetic resonance imaging (MRI) scans. Click here to access the company's 2009 Annual Report (PDF 2.4MB) Recent Developments Recent developments include: • Capital raising of approximately $450 million fully funded to phase, through a 1-for-1 non-renounceable
    [Show full text]
  • Annual Report for the YEAR 1 JULY 2013 to 30 JUNE 2014
    1 JULY 2013 TO 30 JUNE 2014 NEXTDC Limited ABN 35 143 582 521 Annual Report FOR THE YEAR 1 JULY 2013 TO 30 JUNE 2014 2 4 6 16 24 57 58 72 122 124 126 129 FY14 1 JULY 2013 TO 30 JUNE 2014 NEXTDC Limited ABN 35 143 582 521 1 NEXTDC LIMITED ANNUAL REPORT 30 JUNE 2014 Letter from the Chairman Operational performance and cost management are a key focus to ensure the Company is strongly positioned for growth and to deliver the financial performance and shareholder value that investors require. Douglas Flynn, Chairman On behalf of the Board of Directors and NEXTDC Limited, it The completion of our capital recycling program with the I was honoured to take over as Chairman of the Board We believe the Company’s new Board has the strength, is my pleasure to present NEXTDC Limited’s fourth Annual Asia Pacific Data Centre Group raised approximately $140 from Mr Ted Pretty in April 2014. Ted has remained on the independence and breadth of experience required to Report. million across the 2013 and 2014 financial years. The investor Board as a Non-executive Director and I’d like to take this build long term shareholder value. Your Directors and response to NEXTDC’s five-year senior unsecured notes opportunity to thank him for guiding the Company during management team look forward to a period of stability as The past financial year has been transformational with offering in June 2014, which raised $60 million of debt what was a key period of change.
    [Show full text]
  • Monthly NTA and Performance Update
    Absolute Equity Performance Fund Limited Monthly NTA and Performance Update As at 31 January 2018 Net Tangible Assets (NTA) NTA* Performance NTA before tax $1.122 1 month 1.27% NTA after tax $1.123 3 months 2.59% $ currency notation refers to Australian Dollars. 12 months 16.02% Since inception (annualised) 3.52% Portfolio Performance *Before tax. These calculations are unaudited and intended to illustrate the performance of the investment portfolio minus corporate expenses. They are calculated on a pre-dividend NTA basis. ‘Since inception (annualised)’ is annualised NTA performance since listing at $1.065 after listing related expenses The Company’s Portfolio returned +1.27% for January 2018 and the majority of pair positions were profitable. Performance was positive despite the significant headwind of a very strong $A/$US. The Company is Company Details net long $US-exposed companies and in the short term, currency swings ASX code AEG can influence performance. In the long run, company fundamentals overwhelm currency. Listing date 16 December 2015 Share price $1.080 In a quiet month for company news the most notable was a strong quarterly NTA* per share $1.122 profit update from Resmed which contributed to our long Resmed / short Ansell pair being amongst our strongest pairs. Long JB Hi-Fi / short Super Market capitalisation $109,365,375 Retail was also rewarded, driven by industry feedback that some retailers Shares on Issue 101,264,236 had experienced better Christmas sales than feared. The pair has been profitable over 12 months, particularly since Amazon announced it will *Before tax ex-dividend start a local business.
    [Show full text]
  • Socially Conscious Australian Equity Holdings
    Socially Conscious Australian Equity Holdings As at 30 June 2021 Country of Company domicile Weight COMMONWEALTH BANK OF AUSTRALIA AUSTRALIA 10.56% CSL LTD AUSTRALIA 8.46% AUST AND NZ BANKING GROUP AUSTRALIA 5.68% NATIONAL AUSTRALIA BANK LTD AUSTRALIA 5.32% WESTPAC BANKING CORP AUSTRALIA 5.08% TELSTRA CORP LTD AUSTRALIA 3.31% WOOLWORTHS GROUP LTD AUSTRALIA 2.93% FORTESCUE METALS GROUP LTD AUSTRALIA 2.80% TRANSURBAN GROUP AUSTRALIA 2.55% GOODMAN GROUP AUSTRALIA 2.34% WESFARMERS LTD AUSTRALIA 2.29% BRAMBLES LTD AUSTRALIA 1.85% COLES GROUP LTD AUSTRALIA 1.80% SUNCORP GROUP LTD AUSTRALIA 1.62% MACQUARIE GROUP LTD AUSTRALIA 1.54% JAMES HARDIE INDUSTRIES IRELAND 1.51% NEWCREST MINING LTD AUSTRALIA 1.45% SONIC HEALTHCARE LTD AUSTRALIA 1.44% MIRVAC GROUP AUSTRALIA 1.43% MAGELLAN FINANCIAL GROUP LTD AUSTRALIA 1.13% STOCKLAND AUSTRALIA 1.11% DEXUS AUSTRALIA 1.11% COMPUTERSHARE LTD AUSTRALIA 1.09% AMCOR PLC AUSTRALIA 1.02% ILUKA RESOURCES LTD AUSTRALIA 1.01% XERO LTD NEW ZEALAND 0.97% WISETECH GLOBAL LTD AUSTRALIA 0.92% SEEK LTD AUSTRALIA 0.88% SYDNEY AIRPORT AUSTRALIA 0.83% NINE ENTERTAINMENT CO HOLDINGS LIMITED AUSTRALIA 0.82% EAGERS AUTOMOTIVE LTD AUSTRALIA 0.82% RELIANCE WORLDWIDE CORP LTD UNITED STATES 0.80% SANDFIRE RESOURCES LTD AUSTRALIA 0.79% AFTERPAY LTD AUSTRALIA 0.79% CHARTER HALL GROUP AUSTRALIA 0.79% SCENTRE GROUP AUSTRALIA 0.79% ORORA LTD AUSTRALIA 0.75% ANSELL LTD AUSTRALIA 0.75% OZ MINERALS LTD AUSTRALIA 0.74% IGO LTD AUSTRALIA 0.71% GPT GROUP AUSTRALIA 0.69% Issued by Aware Super Pty Ltd (ABN 11 118 202 672, AFSL 293340) the trustee of Aware Super (ABN 53 226 460 365).
    [Show full text]
  • Australian Investment Strategy
    2 November 2016 Asia Pacific/Australia Equity Research Investment Strategy Australian Investment Strategy Research Analysts STRATEGY Hasan Tevfik ,CFA 61 2 8205 4284 [email protected] Aussie darlings Peter Liu 61 2 8205 4071 ■ Aussies love their darlings: Australia currently has the most expensive [email protected] equity market "Darlings" in the world. Our darlings trade on a forward P/E Damien Boey of 38x. The other commodity-focused market, Canada, has the second 61 2 8205 4615 [email protected] most expensive darlings. Darlings in Australia have been more expensive only during the Nasdaq bubble when they touched 45x. ■ Darling derating: Buying Australian darlings at these valuations has been a poor strategy in the past. Also, the current high valuation for Australia's darlings suggest they are especially vulnerable to rising bond yields and the coming end of the Australian profits recession. A rising discount rate and a lower premium for growth suggest investors should focus on stocks that could be future darlings. ■ Hello Daaarling: Future market darlings have shared many similar characteristics over the last 20 years. They are generally well managed, have strong balance sheets and operate on high margins. Our "Hello Daaarling" strategy highlights potential future darlings and they currently trade on just 17x P/E and include Caltex, Eclipx, Mayne Pharma, Nufarm, Star Entertainment and South 32. We add Eclipx to our long Portfolio. Figure 1: Australia has the most expensive darlings in the world Median 12-month forward P/E of "market darlings" around the world* 40 35 30 25 20 15 10 Australia Canada Cont.
    [Show full text]
  • Australian Equities Lending Margins Effective 21 April 2021
    Australian Equities Lending Margins Effective 21 April 2021 Stock ASX Margin Stock ASX Margin Stock ASX Margin Code Rate Code Rate Code Rate A2B Australia A2B 40% AusNet Services AST 70% Costa Group Holdings CGC 60% The A2 Milk Company A2M 65% ASX ASX 75% Challenger Financial Australian Agricultural Company AAC 55% AUB Group AUB 50% Services Group CGF 70% Adelaide Brighton ABC 70% Australian United Challenger Capital Notes CGFPA 60% Abacus Property Group ABP 60% Investment Company AUI 70% Challenger Capital Notes 2 CGFPB 60% Audinate Group AD8 40% Aventus Retail Property Group AVN 50% Challenger Capital Notes 3 CGFPC 60% Adairs ADH 40% Alumina AWC 70% Charter Hall Group CHC 70% APN Industria REIT ADI 40% Accent Group AX1 40% Champion Iron CIA 50% Australian Ethical Amaysim Australia AYS 40% Cimic Group CIM 70% Investment Limited AEF 40% Aurizon Holdings AZJ 75% Carlton Investments CIN 50% Australian Foundation Bapcor BAP 60% Centuria Industrial REIT CIP 60% Investment Company AFI 75% Baby Bunting Group BBN 40% Collins Foods CKF 50% Ainsworth Game Technology AGI 40% Bendigo & Adelaide Bank BEN 70% Class CL1 40% AGL Energy AGL 75% Bendigo & Adelaide Bank BENHB 65% Clean Teq Holdings CLQ 40% AGL Energy USFDS AGLHA 75% Bendigo & Adelaide Bank CPS BENPE 65% Clover Corporation CLV 40% Automotive Holdings Group AHG 55% Bendigo & Adelaide Bank CPS BENPF 65% Charter Hall Long Wale REIT CLW 60% Asaleo Care AHY 50% Bendigo & Adelaide Bank CPS BENPG 65% Centuria Metropolitan REIT CMA 50% Auckland International Airport AIA 70% Bell Financial Group
    [Show full text]
  • Ethical Trans-Tasman Fund Fact Sheet – August 2021
    Ethical Trans-Tasman Fund Fact Sheet – August 2021 Investment Objective Fund Performance (after fees, before tax) Ethical investing in Australasian equities to achieve above average long-term risk adjusted returns. Performance 1 6 1 Inception month months year p.a. The Fund invests directly in Australasian equities, listed property companies and other assets that satisfy Pathfinder’s ethical investment 1 criteria. This is a high-conviction fund of top investment ideas and Fund Return 5.3% 8.9% 18.3% 23.3% targets a portfolio of 10 to 40 holdings. Benchmark 3.1% 9.9% 16.0% 8.1% Investing Ethically Return 2 1. UN Sustainable Development Goals: Aspiring for investment Outperformance 2.2% -1.0% 2.3% 15.2% decisions to contribute to UN Sustainable Development Goals. 2. Environmental, social and governance focus: Focusing investment 1 Performance as of 31 August 2021. Trading started: October 2019. into companies that rate higher on environmental, social and 2 50/50 composite of NZX 50 and ASX 200 Index governance criteria. 3. Climate change awareness: Companies with a lower carbon intensity Actual Investment Mix and a plan for managing the transition to a low carbon economy make better long-term investments. Health Care: 29.7% 4. Aware, Fair, Care: Avoiding investment in companies engaged in industries or activities seen as harmful. Utilities: 13.3% 5. Engagement and shareholder voting: Engaging and voting as a Information Technology: 13.3% shareholder can bring about positive change. Consumer Staples: 12.5% Please refer to our Ethical Investment Policy for more details. Financials: 11.2% Investor Suitability Communication Services: 10.2% Industrials: 5.8% The Ethical Trans-Tasman Fund is suited to an investor with a high tolerance to risk and a minimum investment timeframe of 5+ years.
    [Show full text]
  • STOXX AUSTRALIA 150 Selection List
    STOXX AUSTRALIA 150 Last Updated: 20210701 ISIN Sedol RIC Int.Key Company Name Country Currency Component FF Mcap (BEUR) Rank (FINAL)Rank (PREVIOUS) AU000000CBA7 6215035 CBA.AX 621503 Commonwealth Bank of Australia AU AUD Y 112.2 1 1 AU000000BHP4 6144690 BHP.AX 614469 BHP GROUP LTD. AU AUD Y 90.6 2 2 AU000000CSL8 6185495 CSL.AX 618549 CSL Ltd. AU AUD Y 82.2 3 3 AU000000WBC1 6076146 WBC.AX 607614 Westpac Banking Corp. AU AUD Y 59.9 4 4 AU000000NAB4 6624608 NAB.AX 662460 National Australia Bank Ltd. AU AUD Y 54.8 5 5 AU000000ANZ3 6065586 ANZ.AX 606558 Australia & New Zealand Bankin AU AUD Y 50.7 6 6 AU000000WES1 6948836 WES.AX 694883 Wesfarmers Ltd. AU AUD Y 42.4 7 7 AU000000MQG1 B28YTC2 MQG.AX 655135 Macquarie Group Ltd. AU AUD Y 32.5 8 9 AU000000WOW2 6981239 WOW.AX 698123 WOOLWORTHS GROUP AU AUD Y 30.6 9 8 AU000000RIO1 6220103 RIO.AX 622010 Rio Tinto Ltd. AU AUD Y 29.8 10 10 AU000000TLS2 6087289 TLS.AX 608545 Telstra Corp. Ltd. AU AUD Y 28.3 11 11 AU000000FMG4 6086253 FMG.AX 608625 Fortescue Metals Group Ltd. AU AUD Y 25.5 12 12 AU000000TCL6 6200882 TCL.AX 689933 Transurban Group AU AUD Y 24.7 13 13 AU000000GMG2 B03FYZ4 GMG.AX 690433 Goodman Group AU AUD Y 22.5 14 14 AU000000APT1 BF5L8B9 APT.AX AU802E AFTERPAY AU AUD Y 18.7 15 17 AU000000ALL7 6253983 ALL.AX 605156 Aristocrat Leisure Ltd. AU AUD Y 17.4 16 15 AU0000030678 BYWR0T5 COL.AX AU80Q2 Coles Group AU AUD Y 14.4 17 18 AU000000WPL2 6979728 WPL.AX 697972 Woodside Petroleum Ltd.
    [Show full text]
  • NEXTDC FY17 Appendix 4E and Annual Report
    NEXTDC Limited Appendix 4E Preliminary Final Report Results for announcement to the market For the year ended 30 June 2017 (Previous corresponding period: to 30 June 2016) Summary of Financial Information 2017 2016 Change Change Note $’000 $’000 $’000 % Revenue from ordinary activities 123,550 92,837 30,713 33% Profit/(loss) from ordinary activities after income tax for the period attributable to 1 22,999 1,756 21,243 NMF1 members Profit/(loss) after income tax attributable to 1 22,999 1,756 21,243 NMF members 1. Included in profit after income tax is an income tax benefit of $10.2 million which is primarily due to the recognition of accumulated tax losses as deferred tax assets. Dividends No dividend has been proposed or declared in respect of the year ended 30 June 2017. Net tangible assets 2017 2016 Basic net tangible asset backing per ordinary share $1.75 $1.36 Refer to the attached audited Financial Report for additional disclosures. 1 NMF = Not meaningful NEXTDC Limited and controlled entities | FY17 Annual Report Page 1 of 100 ANNUAL REPORT FOR THE YEAR 1 JULY 2016 TO 30 JUNE 2017 Letter from the Chairman and CEO 3 About NEXTDC 6 Directors’ Report 12 Remuneration Report 22 Auditor’s Independence Declaration 46 Corporate Governance 47 Financial Report 48 Directors’ Declaration 91 Independent Auditor’s Report to the Members 92 Shareholder Information 98 Corporate Directory 100 NEXTDC Limited and controlled entities | FY17 Annual Report Page 2 of 100 Letter from Chairman and CEO We welcome our shareholders to this year’s Annual Report, which marks the end of the financial year to 30 June 2017 (“FY17”) and another period of significant growth and strategic achievements.
    [Show full text]
  • Voting Report 31 December 2016
    Voting report for the period 1 July 2016 to 31 December 2016 Meeting Date Ticker Company Name Summary CareSuper Vote 08/11/16 NCM Newcrest Mining Ltd. Elect Peter Hay as Director For 08/11/16 NCM Newcrest Mining Ltd. Elect Philip Aiken as Director For 08/11/16 NCM Newcrest Mining Ltd. Elect Rick Lee as Director For 08/11/16 NCM Newcrest Mining Ltd. Elect John Spark as Director For 08/11/16 NCM Newcrest Mining Ltd. Elect Vickki McFadden as Director For 08/11/16 NCM Newcrest Mining Ltd. Approve the Grant of Performance Rights to Sandeep Biswas For 08/11/16 NCM Newcrest Mining Ltd. Approve the Grant of Performance Rights to Gerard Bond For 08/11/16 NCM Newcrest Mining Ltd. Approve the Remuneration Report For 04/07/16 BAP Bapcor Limited Approve the Change of Company Name to BAPCOR Limited For 12/07/16 SEA Sundance Energy Australia Ltd. Ratify the Past Issuance of Shares to Certain Sophisticated, Professional or Institutional Investors Abstain^ 12/07/16 SEA Sundance Energy Australia Ltd. Approve the Issuance of Shares to Certain Sophisticated, Professional and Institutional Investors Abstain^ 12/07/16 SEA Sundance Energy Australia Ltd. Approve the Issuance of SPP Shares to Shareholders Abstain^ 14/07/16 AAC Australian Agricultural Company Ltd. Approve the Remuneration Report For 14/07/16 AAC Australian Agricultural Company Ltd. Elect David Crombie as Director For 14/07/16 AAC Australian Agricultural Company Ltd. Elect Tom Keene as Director For 14/07/16 AAC Australian Agricultural Company Ltd. Elect Neil Reisman as Director For 14/07/16 AAC Australian Agricultural Company Ltd.
    [Show full text]
  • FOR RELEASE: August 17, 2021 Gareth Evans VECKTA [email protected]
    FOR RELEASE: August 17, 2021 Gareth Evans VECKTA [email protected] VECKTA Wins Lynas Rare Earths Mt Weld Energy Optimisation Empowering Lynas to develop carbon-free energy solutions for their globally significant Mt Weld Project On May 4th 2021, Lynas Rare Earths Limited awarded VECKTA the contract for Distributed Energy System (DES) modelling, sizing, and initial conceptual design for the Lynas Rare Earths Mt. Weld mining operation. Lynas is the only producer at scale of separated Rare Earths outside of China and the second largest in the world. The Rare Earths deposit in Mt Weld, Western Australia, is acknowledged as one of the highest-grade Rare Earths mines in the world and is a globally significant project for Australia. In 2019, Lynas Rare Earths became a signatory to the United Nations Global Compact (UNGC) . As part of this commitment and the development of the Mt Weld strategic resource, Lynas is dedicated to exploring and developing best in class energy solutions. VECKTA will empower Lynas to accurately assess the energy options for the Mt Weld project, and then optimize them using VECKTA market data and the world’s leading DES design toolkit, XENDEE. VECKTA can then match specific project needs with the best suited constructors and equipment suppliers in the VECKTA market platform, and VECKTA Gareth Evans (CEO) 6540 Lusk Blvd [email protected] San Diego, CA 92121-2767 www.veCkta.Com United States of AmeriCa facilitate the procurement and contracting for transparent, consistent and value adding win-win outcomes for all stakeholders. ‘We are privileged to be working on a project with such a significant global impact as Mt Weld.
    [Show full text]