AI assistant
RAIDEN RESOURCES LIMITED Investor Presentation 2006
65675_rns_2006-08-30_dd92fbd4-f63f-499c-8fb8-b2687e0d191d.pdf
Investor Presentation
Open in viewerOpens in your device viewer
31 August 2006
Investor Update
Sydney, Australia: 31 August 2006: Medical Monitors (ASX: MDM) wishes to advise investors of the release of its latest investor update presented at the EGM held today.
Key points of the investor update presentation, which follows, include:
- Medical Monitor's global distributor. Primedical International Holdings, is listing on the $\bullet$ NASDAQ OTC Bulletin Board. MDM will hold 30% equity in Primedical.
- MDM is primed to invest in a number of completed health and lifestyle villages around Australia to build its asset base.
- Brisbane River Terraces will be the first acquisition from property developer, Resort Lifestyle Developments, following shareholder approval to fund the acquisition
- MDM is preparing to develop new health care packages for the over 50's market. utilising its direct access to the 'baby-boomer' population in the acquired villages
- MDMs new business strategy includes an extensive board and management team
For further information, please contact:
| Investor communication | Medical Monitors |
|---|---|
| Daniella Goldberg | l Dr Allan Shell |
| +612 9237 2800 | Managing Director |
| [email protected] | + 612 9344 8100 |
| [email protected] |
About Medical Monitors:
Medical Monitors (ASX: MDM) is a health sector company generating revenue from investment in resort lifestyle property and technology for the over 50s. The company specialises in home-based medical monitoring technology which allow doctors to remotely monitor the cardiovascular health of their patients. The technologies have been granted US Food and Drug Administration (FDA) notification to enable marketing and sales. The US arrhythmia monitoring market estimated to be more that USD$550 million.
Medical Monitors' international distributor, Primedical International is listing on the NASDAQ OTC Bulletin Board following a reverse-merger with Global Immune Technologies. Inc (NASDAQ OTC:GIMU). MDM will hold an initial 30% equity in the new Company.
Medical Monitors is primed to invest in a number of fully leased health and lifestyle villages around Australia to build its asset base. It intends to develop new health packages for the over 50's market, utilising its direct access to the baby-boomer population in the acquired health and lifestyle villages.
Medical Monitors Limited Suite 407 Office Tower Westfield Eastgardens Eastgardens NSW 2036 Australia Tel 02 9344 8100 Fax 02 9344 8200
About Resort Lifestyle Developments:
Resort Lifestyle Developments (RLD) is a property development and management business. RLD specialises in the development and management of high quality, secure Resort style over 50s residential villages. RLD has a team of professionals which include civil engineers, surveyors, lawyers, chartered accountants and builders as well as in house expertise of project management and development marketing. RLD's philosophy is simple; develop residential environments which set new levels of design comfort, affordability and security,
Property:
Brisbane River Terraces is a well appointed over 50's health and lifestyle village located alongside the tranguil Brisbane River. The village has 99 owner-occupied homes and is spread over a 10 hectare property. All residents enjoy the video monitored security of the gated community and have access to the village community facilities; such as in-ground swimming pool, community hall with gymnasium, craft room and library, as well as boat storage and ramp access to the Brisbane River. The village is conveniently located only 20 minutes from the major city of Brisbane.
1 Corporate overview
7.89%
7.35%
4.04%
4.01%
2.37%
46.69%
egy objatosztos ren
Medical Monitors Ltd is an Australian health service and medical technology company with commercial products sold internationally to monitor cardiovascular conditions from home.
The Company is expanding its focus in medical home monitoring to 'health & lifestyle villages' for the over 50s, which will provide an ideal platform to expand product channels.
| ASX code: | MDM |
|---|---|
| Share price: | $0.23 (av. 29 Aug 2006) |
| Market cap: | $14.75 million |
| Shares on issue: 64.3 million ORD |
MDM share price graph
FINE TH
Chriswall Holdings Pty Ltd group
And Technologies Pty Ltd
Dirdot Pty Ltd
Harry Platt
Allan Shell
Top Twenty:
Primedical's NASDAQ OTC listing
-
Global Immune Technologies (NASDAQ OTC: GIMU) $\bullet$ acquires Primedical International
-
Offer to acquire MDM's IP for US$4M in equity
-
MDM to maintain a 30% equity interest in the NASDAQ OTC entity - Primedical International Holdings estimated to be US$10M
-
MDM shareholders to receive ultimate benefit
MDM to maintain Australian licence and service rights to $\bullet$ use technology in healthcare packages for its 'gated communities'
MDM's technology
- MDM specialises in home-based medical monitoringtechnologyincluding:
- suPERMonitor: FDA approved portable ECG recorder for patients with infrequent and elusive abnormal heart rhythms (arrhythmias)
- BPfone: automatic digital blood pressure monitor that stores and transmits recorded blood pressure data by phone to a 24-hour access receiving centre
- MDM has distribution agreements in US, UK and $F1$
- Global cardiovascular monitoring market is $\bullet$ estimated at USD$1.3 billion
5
New Business Structure
- Acquiring over 50s health and lifestyle village - Uses medical monitoring expertise to create health care packages
Resort Lifestyle Developments (RLD) -MDM acquires 'over 50s' health and lifestyle
villages from RLD - RLD maintains management of properties Primedical International Holdings
- MDM to hold 30% equity - Listed on NASDAQ OTC - Global distributors of MDM Technology
6
2 New business strategy
$\overline{7}$
Resort Lifestyle Development agreement
- MDM has signed a 10 year option agreement with $\bullet$ Resort Lifestyle Developments (RLD) to acquire health and lifestyle village developments once completed
- RLD receives at least 5% MDM equity in purchase price
- Rental yields of 9.5% net return expected to MDM
- RLD maintains the management of properties at a fee of 10% of rental income
What is a health & lifestyle 'village?
- A secure health and lifestyle setting which is in demand by the growing 'over 50s baby boomer' population
- High quality 25 sqm home bought for an average of $\bullet$ $200k each
- Home owner has rental agreement for perpetual lease on property
- Rent includes access to amenities such as club house. golf course, caravan and boat storage, gym and inground pool
- Onsite manager $\bullet$
$\mathbf{Q}$
Why invest in health & lifestyle villages?
- Growing demand for health and lifestyle resort communities for the 'over 50s baby boomer' population
- Home owner contracted lease agreement provides $\bullet$ ongoing rental revenue to MDM
- Consistent, secure and increasing cash-flow tied to CPI $\bullet$ and market review
- Home owner can apply for rental assistance through $\bullet$ Commonwealth Government (subject to means test)
- More than $8 billion* of construction estimated over the next 20 years
(*Stimson, Uni. of Queensland, 2002)
Business plan
Australian 'over 50s' health and lifestyle property market is estimated to be worth more than AUD $8 billion*
| Next 612 months | Focus on completing acquisitions of five 'over 50s'lifestyle properties |
|---|---|
| Next 618 months | Increase sales of medical monitoring technologies inUS, UK and Australia |
| Next 12-18 months | "The purchase of 10 'over 50s' villages. |
| ■Have a debt ratio of 50% | |
| "Have an EBITDA of almost $5 million |
Short Term Milestones
| Announcement | Riming |
|---|---|
| Finalisation of BRT acquisition | August |
| Acquisition option for 'over 50s" villages | August |
| Primedical International Holdings' on NASDAQ OTC | Aug /Sept |
| Appointment of Australian distributor | September |
| Acquisition of second 'over 50s' Village | September |
3 Gated community acquisitions
Brisbane River Terraces
First health & lifestyle village acquisition
- MDM acquires Brisbane River Terraces (BRT)
- Consists of 99 residential sites situated over 10 hectares along the Brisbane River
- Situated only 20 minutes from the Brisbane City Centre
- Amenities include: gym, library, all weather tennis court and bowling green, in-ground pool, 'pitch & putt' golf course, caravan storage area and boat ramp access
BRT acquisition
- MDM acquires BRT for $6.3M $\bullet$
- $300k equity value in MDM (1.5m Shares) included as part of purchase price
- Westpac Bank mortgage facility established
- Approved capital raising to provide balance of funds
- Gross revenue expectation of $600k for first year
- Forecast growth of 10-20% over next 3 years
Growth in gross and net cash flow on fixed cost base
$17$
Approved Capital raising
- Up to 25 Million shares to be issued over next three months
- Use of funds:
- Finalise BRT purchase
- Funds for future acquisitions
- Working capital for new technologies
4 Why invest in MDM?
19
Strategy for Growth
- New Directors to be appointed within next 3 months to enhance management team of MDM
Long term drivers for investment
- Consistent, secure and increasing cash-flowfrom acquisitions
- MDM expects to have more than $70M in gross assets under management in next 2 years
- Increasing value of investment in PMI (NASDAQ OTC Co) estimated to be USD$10M
- Channel to market for monitoring products through 'over 50s' villages
- Exportablemonitoringsolutions
Dr Allan Shell
Managing Director
Medical Monitors
Ph: 02 9344 8100