AI assistant
CVC LIMITED AGM Information 2010
64728_rns_2010-11-21_d234f4bb-d8dc-4a73-a2bd-2254775e2259.pdf
AGM Information
Open in viewerOpens in your device viewer
Annual General Meeting
Presentation to Shareholders
The Year in Review
- >Return to profitability and regular dividends
- >Acquisition of a number of properties and stakes in ASX listed companies
- > Continued development of all key investee companies, including Ron Finemore Transport, Pro-Pac, Concise Asset Management, Cellnet, Green's Foods and others
- >Sale of a \$20m holding in Sunland Group Ltd
| 2 0 1 0 |
2 0 0 9 |
|
|---|---|---|
| E i P S h a r n n g s e r a r e |
1 4 6 7 t c e n s |
( ) 4 4 5 t c e n s |
| T l A E l d t t o a s s e s m p o y e |
\$ 2 2 4 8 m |
\$ 1 9 3 7 m |
| S R h h l d E i t t e r n o n a r e o e r s q u u y |
1 1. % 7 5 |
( 3 % ) 5 7 7 |
| S h I Y E d t a r e s o n s s e a e a r n u |
1 3 2 3 6 0, 6 1 8 , |
1 4 2 8 4 8, 6 2 1 , |
| N A P S h t t e s s e s e r a r e |
\$ 1. 2 4 |
\$ 1. 1 1 |
| S D i i d d P h v e n s e r a r e |
0 5 t c e n s |
3 0 t c e n s |
2011 Year to Date
- >Net assets approximately \$178 M – including \$28 M cash
- >Shares on issue 131.4 M
- > Approximately 10% improvement in net assets per share since June 30 2010
- >Trading of majority of key investees significantly improved
- >Continuing to focus on problem assets and their performance
Portfolio as at 22 November 2010
| C h a s |
\$ M 2 8 |
|---|---|
| L i d I t t t s e n e s m e n s v |
\$ M 5 5 |
| D i P t t r e c r o p e r y ( f ) b i t n e o o r r o n g s w |
\$ M 4 8 |
| P i E i t t r v a e q u y |
\$ M 4 8 |
| \$ 1 7 9 M |
2011 and Beyond
- >Continued focus on property and property financing
- >Objective to continue to add value to key investees
- >Increased focus on small – mid cap Australian equities
- >Continued objective to deliver returns exceeding 15% per annum