33
ASX Spotlight N o w i n it s 6 th y e a r ASX Spotlight Hong Kong Island Shangri-La, Hong Kong – 31 October 2013 A unique opportunity to hear the latest business strategies and outlooks from a selection of emerging market leaders in the Australian market. SUPPORTED BY FOUNDATION PARTNER PLATINUM SPONSOR SPONSORS

ASX Spotlight · * Source, Bloomberg, 16 September 2013 Company Description Buccaneer Energy Limited (BCC) is focused on developing its 100% owned oil and gas assets in Alaska. The

  • Upload
    others

  • View
    0

  • Download
    0

Embed Size (px)

Citation preview

  • ASXSpotlight

    Now in its 6th year

    ASX Spotlight Hong KongIsland Shangri-La, Hong Kong – 31 October 2013

    A unique opportunity to hear the latest business strategies and outlooks

    from a selection of emerging market leaders in the Australian market.

    SUPPORTED BY

    FOUNDATION PARTNER PLATINUM SPONSOR SPONSORS

  • Welcome

    Welcome to ‘ASX Spotlight, an event that showcases some

    of Australia’s leading companies and at the same time

    provide a valuable snapshot of the significant investment

    opportunities in the Australian Equity Market.

    The ASX Spotlight conference is a global series hosted in

    Hong Kong, London, New York and Singapore every year.

    This event is the twenty seventh in the series and the ninth

    of its kind in Hong Kong.

    ASX Spotlight is the result of co-operation between the Australian Securities Exchange, the supporting brokers and investment

    banks, and a selected group of listed companies. It continues to attract strong support from the broking and investment

    community in Hong Kong demonstrating confidence in the considerable investment fundamentals of the Australian market.

    The companies involved in the event, with capitalisations generally below A$1 billion, represent an important segment of the

    Australian market that does not always get the international exposure it deserves. Importantly, from the Hong Kong investor

    perspective, the event is an opportunity to meet a broad representation of companies from a variety of sectors at one single

    venue.

    During the course of the day, it will become clear that investment in the Australian Equity Market provides excellent exposure

    to the ongoing and projected growth of emerging economies in the Asia-Pacific region – exposure that is provided within a

    stable and reputable market environment.

    We would like to welcome you to today’s event and thank you, our event supporters and participating ASX listed companies,

    for helping to make it such a great success.

    We look forward to seeing you again in May 2014.

    Elmer Funke Kupper

    Managing Director and CEO

    ASX Limited

  • Thursday October 31

    8.30am REGISTRATION

    8.50am WELCOME ADDRESS – ASX

    8.55am BBY Ltd

    9.00am New Guinea Energy Ltd (NGE)

    9.25am Strata-X Energy Ltd (SXA)

    9.50am Buccaneer Energy Ltd (BCC)

    10.15am Donaco International Ltd (DNA)

    10.40am MORNING BREAK

    11.00am FlexiGroup Ltd (FXL)

    11.25am Freedom Foods Group Ltd (FNP)

    11.50am Ingenia Communities Group Ltd (INA)

    12.15pm Programmed Maintenance Services Ltd (PRG)

    12.40pm LUNCH

    1.30pm Troy Resources Ltd (TRY)

    1.55pm Swick Mining Services Ltd (SWK)

    2.20pm Dart Energy International Ltd (DTE)

    2.45pm Unity Mining Ltd (UML)

    3.10pm AFTERNOON TEA

    3.30pm IMF (Australia) Ltd (IMF)

    3.55pm Silex Systems Ltd (SLX)

    4.20pm Regeneus Ltd (RGS)

    DRINKS RECEPTION

    8.00am-5.45pm ONE ON ONE MEETINGS

    Agenda

  • General Information

    Venue details

    Island Shangri-La

    Pacific Place, Supreme Court Road, Central, Hong Kong

    Tel: (852) 2877 3838

    Fax: (852) 2521 8742

    The welcome address and presentations by the ASX listed

    companies are being held in the Atrium Room, level 39, of

    the Island Shangri-La Hotel.

    One-on-one meetings

    One-on-one meetings between investors and ASX listed

    companies are being held on level 39. For each meeting

    scheduled you will be informed of the room name via our

    online booking agenda. To book or make changes to any

    one-on-one meetings, report to Victoria Thurston on level

    39. Victoria will check availability and schedule a meeting

    for you.

    Name badges

    You should have been issued with a name badge on

    registration. If you have not received one, report to the

    Registration Desk.

    Access to company presentations post-event

    Company presentations and videos will be made available

    following the conference at www.asx.com.au/asia

    ASX contact details

    Victoria ThurstonEvents Manager, ASX

    +61 419 349 964 or [email protected]

    Andrew MusgraveBusiness Development Manager, Asia

    +61 414 392 905 or [email protected]

    ASX/BBY Limited Financial Markets Reception

    Thursday 31 October 2013, 5.30pm – 7.30pmThe ASX Financial Markets reception will be held

    immediately following the conference at:

    Sevva

    Prince's Building 25th Floor

    10 Chater Rd

    Central, Hong Kong

    The reception will provide a further networking opportunity

    for all investors, event supporters and ASX Listed

    Companies.

    All content is provided by the conference supporters and listed companies; ASX takes no responsibility for the information included.

  • Company Profiles

  • * Source, Bloomberg, 16 September 2013

    Company DescriptionNew Guinea Energy Ltd (ASX: NGE) focuses on oil and

    gas exploration in Papua New Guinea. The company

    has 5 onshore Petroleum Prospecting Licences (PPLs)

    covering more than 29,500km² (7M Acres) and a

    royalty right over another 4,000km2 (1M Acres) in a

    PPL running parallel to the $19bn PNG LNG project.

    OperationsNGE’s strategy is to monetise its gas assets to explore

    and develop its oil targets. NGE has joint ventures and

    commercial arrangements with the largest players in the

    PNG oil and gas sector, namely ExxonMobil, Oil Search,

    Mitsubishi, and Talisman Energy. The company is also a

    50% owner of a fit-for-purpose onshore drilling rig.

    Recent DevelopmentsMonetisation of one gas licence was completed in

    December 2012 leaving NGE with potential upsides

    from expansion of the PNG LNG project. In July 2013

    NGE received a $40M offer for another of its gas

    licences, and earlier this year announced an exploration

    target that could contain more than 20 million barrels of

    recoverable oil.

    Resources / Reserves EstimatesPlease refer to the company website for the latest

    quarterly report: www.ngenergy.com.au

    Significant Contractual ArrangementsPPL 268 JV NGE (50%), Talisman (30%), Mitsubishi

    (20%)

    PPL 269 JV NGE (50%), Talisman (30%), Mitsubishi

    (20%)

    PPL 277 Sale and royalty to Oil Search (50%) and

    ExxonMobil (50%). NGE received $15M(US), will

    receive an additional $20M(US) upon a Petroleum

    Development Licence approval, and royalty payments

    on production.

    Future OutlookSeismic program in 4Q 2013 to further de-risk the oil

    target.

    Pursue farm-out of oil licence to receive a free carry for

    drilling the oil target.

    Potentially complete the sale of equity in one of the gas

    licences.

    Tender for drilling rig contracts to secure revenue

    source.

    Contact DetailsSuite 401, Level 4, 2 – 10 Loftus St, Sydney

    New South Wales, 2000, Australia

    t + 61 2 9252 0010

    e [email protected]

    w www.ngenergy.com.au

    9.00am – New Guinea Energy Ltd ASX: NGE

    Market Cap* A$19.5m

  • * Source, Bloomberg, 16 September 2013

    Company DescriptionStrata-X Energy Ltd. is an oil and gas exploration

    company listed on the ASX and TSX-V. Based in

    Denver, Colorado, USA. Strata-X Energy has a portfolio

    of petroleum projects across the US and Australia

    which provides diversification of high growth exploration

    opportunities for its shareholders.

    OperationsStrata-X has just successfully completed the drilling of

    our first horizontal well at Vail, with oil and gas shows

    indicated from two zones. Oil and gas was also seen

    in the drilling mud during the drilling of the horizontal

    section. We now await completion results, expected in

    late October.

    Recent DevelopmentsRecently, Strata-X successfully set a liner through the

    1,824 foot laterally drilled oil zone on the Vail project.

    Next, Strata-X will conduct a breakdown and pressure

    test. This pressure data, together with rock mechanics

    data derived from the core, will be used to finalize the

    design of the stimulation stage.

    Resources / Reserves EstimatesPlease refer to the company website for the latest

    quarterly report: www.strata-x.com

    Significant Contractual ArrangementsMaverick: Purchase Sale and Exploration Agreement

    dated August 23, 2012 between Jadela Oil (US)

    operating LLC, El Indio Investment Corp., and Gregory

    Leia.

    Sleeping Giant Property: Purchase and Sale Agreement

    and Area of Mutual Interest (as amended) dated March

    31, 2011 with White Eagle Exploration Inc., Hendricks

    & Associates Inc., Fischer Oil & Gas Inc. and Cody Oil

    & Gas Corporation.

    Future OutlookAwaiting results from the well completion on the Vail

    Project in late October, plus Strata-X is planning to

    permit two additional wells.

    Contact DetailsLevel 5, 10 Market Street, Brisbane

    Queensland, 4000, Australia

    t +1 855-463-2400

    e [email protected]

    w www.strata-x.com

    9.25am – Strata-X Energy Ltd ASX: SXA

    Market Cap* A$27.3m

  • * Source, Bloomberg, 16 September 2013

    Company Description Buccaneer Energy Limited (BCC) is focused on

    developing its 100% owned oil and gas assets in

    Alaska. The Company's flagship projects are a series

    of onshore and offshore developmental and exploration

    prospects in Alaska’s Cook Inlet. The Company’s

    onshore and offshore Cook Inlet projects have an

    independently assessed total of 154.2 MMBOE

    in 2P Reserves, 2C Contingent Resources & P50

    Prospective Resources.

    Since 2007 the Alaskan government (AAA rated)

    provides rebates to oil and gas operators in the form of

    cash incentives to explore and develop within Alaska.

    Buccaneer is entitled to the following cash rebates:

    • 65.0%ofexplorationexpenditure;

    • 45.0%ofdevelopmentexpenditure.

    In the last 18 months Buccaneer has received

    approximately $31.0 million in cash rebates from the

    State of Alaska.

    OperationsThe Company has a three-pronged strategy:

    1. Developing the 100 % owned Kenai Loop onshore

    gas project with independently assessed 22.3 BCF

    (3.7 MMBOE) in 2P Reserves. The Kenai Loop

    project is producing 9.5 - 10.0 million cubic feet per

    day and being sold to ENSTAR the largest local gas

    utility at an US$6.50 / MCF generating ~US$18.0 M

    infreecashflowatthewellheadfortheCompany;

    2. Operating the offshore jack-up rig Endeavour in the

    CookInlet;and

    3. Developing its offshore Cook Inlet projects that

    have independently assessed 69.9 MMBOE in

    2P Reserves, 23.9 MMBOE in 2C Contingent

    Resources & 60.6 MMBOE in P50 Prospective

    Resources using the acquired jack-up rig.

    Recent DevelopmentsThe Companies most recent developments have been

    as follows:

    • Executedafarm-outagreementwithLosAngeles

    based E&P company EOS-Petro, Inc. where EOS-

    Petro will spend up to US$200 Million to earn a

    50% working interest in 3 offshore projects and

    1 onshore project. Buccaneer will retain a 50%

    workinginterestandwillOperateallprojects;

    • InJuly2013successfullycompleteda$35.0M

    rightsissue;

    • Drilleditsfirstoffshorewell(Cosmo#1well)in

    the Cook Inlet at the 25.0% owned Cosmopolitan

    ProjectwheretheCompanyisOperator;

    • Cosmo#1wellintersected18gaszonesand8

    oil zones that were considered exploratory prior to

    drilling;

    • Executedafarm-inagreementwithConocoPhillips

    to earn a 100% working interest in the deep oil

    rights at the North Cook Inlet project located in

    the Cook Inlet. Netherland, Sewell & Associates

    estimated 38.5 MMBOE in 2P Reserves with a

    PV10ofUS$732.0Million;

    • Commenceddrillingitssecondoffshorewellatthe

    SouthernCrossUnitwhereitisOperator;

    • Successfullydrilledits4thwellatthe100%owned

    Kenai Loop project unitised the 100% owned

    onshoreWestEagleproject;and

    • CommenceddrillingitsfirstwellattheWestEagle

    Unit.

    Resources / Reserves EstimatesPlease refer to the company website for the latest

    quarterly report: www.buccaneerenergy.com

    9.50am – Buccaneer Energy Ltd ASX: BCC

    Market Cap* A$167.9m

  • Significant Contractual Arrangements• TheCompanyhasajointventurewiththeAlaskan

    Industrial Development and Export Authority (AIDEA)

    who has invested $23.6 million to support the

    acquisition of the Endeavour jack-up rig. The other

    joint venture partner in that acquisition is Singapore

    basedEzionHoldingsLimited;and

    • Farm-outagreementwithEOS-Petro,Inc.aLos

    Angeles based E&P company where EOS-Petro will

    spend up to US$200 Million to earn a 50% working

    interest in 3 offshore projects and 1 onshore project.

    Buccaneer will retain a 50% working interest and will

    Operate all projects.

    Future OutlookThe Company anticipates drilling the following projects

    during 2013 / 2014:

    • KenaiLoop(onshore)–3to6wells

    • WestEagle(onshore)–1well

    • Cosmopolitan(offshore)–2to3wells

    • NorthCookInletUnitDeepOilRights–1well

    • NorthWestCookInletUnit(offshore)–1well

    • SouthernCrossUnit(offshore)–1well

    With additional successful drilling the Company

    anticipates doubling production at Kenai Loop.

    Contact DetailsLevel 9, 25 Bligh Street, Sydney

    New South Wales, 2000, Australia

    t + 61 416 220 007

    e [email protected]

    w www.buccaneerenergy.com

    Buccaneer Energy Ltd continued

  • * Source, Bloomberg, 16 September 2013

    Company DescriptionDonaco International Limited operates leisure,

    entertainment and associated technology businesses

    across the Asia Pacific region.

    DNA holds a 75% stake in the Lao Cai International

    Hotel JV, which owns and operates a successful hotel

    and casino in Vietnam. The business was founded

    by the late Tan Sri Lim Goh Tong in 2002, who was

    also the founder of the Genting Group of Companies.

    Ownership has passed to his two grandsons, who

    currently own 76% of the equity.

    OperationsDNA’s flagship business is the Lao Cai International

    Hotel, a successful boutique casino in northern Vietnam,

    on the border with Yunnan Province, China. The Lao

    Cai International Hotel was established in 2002, and was

    the first fully licensed table gaming business in Vietnam.

    DNA also owns and operates the TAB Active TV

    wagering service in Australia, in partnership with all

    major TAB operators (Tabcorp Holdings Limited, Tatts

    Limited and Racing and Wagering WA). We also own

    and operate the Way2Bet online and mobile wagering

    portal, whose customers include all major corporate

    bookmakers in Australia.

    Recent DevelopmentsThe Lao Cai International Hotel is currently being

    expanded from a 3-star 34 room hotel, to a brand new

    resort complex with 428 hotel rooms and significantly

    expanded gaming capacity.

    DNA has recently successfully completed a A$25

    million capital raising to fund the expansion of the

    casino.

    DNA has recently acquired a successful mobile

    services and technology business with operations

    across South East Asia, together with rights to online

    gaming licences in Australia.

    Intellectual Property/Products/Product Development ProgramsLao Cai sits on the border of Vietnam and Yunnan

    Province, China, which has a population of ~46m and

    hence the casino’s customer base is predominantly

    Chinese, with a skew to high rollers. The casino

    operation has been benefiting from increased

    dealings with junket operators as well as infrastructure

    improvements in China, which has reduced travel times

    to the casino significantly. This is evident in recent

    patron figures with a 36% increase in patron numbers

    for the 4 months ending 31 December 2012. This

    bodes well for the new casino given its greater capacity.

    Significant Contractual ArrangementsDNA operates the Lao Cai International Hotel and owns

    a 75% interest, in a joint venture with the Government of

    Vietnam. The remaining 25% is owned by Sapa Petrol

    Tourism Joint Stock Company, an entity controlled by

    the Government of Vietnam.

    DNA also has partnerships for its wagering

    technology products with all of the largest TABs and

    largest corporate bookmakers in Australia.

    Future OutlookDNA’s strategy is to leverage the experience of the

    management and Board in the gaming sector and to

    take advantage of the growth in gaming in other Asian

    markets over time. This will complement the growth in

    the existing casino and provide for diversification.

    Contact DetailsSuite 2.05, 55 Miller Street, Pyrmont

    New South Wales, 2009, Australia

    t +61 2 9017 7000

    e [email protected]

    w www.donacointernational.com

    10.15am – Donaco International Ltd ASX: DNA

    Market Cap* A$204.4m

  • * Source, Bloomberg, 16 September 2013

    Company DescriptionFlexiGroup is a diversified financial services group

    providing “no interest ever”, leasing, vendor finance

    programs, interest free and visa cards, mobile

    broadband, lay-by and other payment solutions to

    consumers and businesses.

    Through its network of 11,000 merchant, vendor

    and retail partners the Group has extensive access to

    four key markets: Business to Consumer, Business to

    Business, Retail to Consumers (and small business

    customers) and online.

    Performance has been characterised by solid

    profitable growth as the company has expanded

    and diversified its business through organic growth,

    acquisition and product innovation. This diversification

    strategy has been extended to the large, high growth

    online market with the 2012 acquisition of Paymate (an

    online payment processing business) and to the credit

    card and $5b interest free market with the acquisition of

    Lombard and Once.

    FlexiGroup operates in Australia, New Zealand and

    Ireland within a diverse range industries including: home

    improvement, solar energy, fitness, IT, electrical appliance,

    navigation systems, trade equipment and point of sale

    systems. Services are offered through four business

    units: Certegy (no interest ever & lay-by), Flexirent (lease),

    FlexiCommercial (vendor leasing programs) and Lombard

    / Once (credit card and interest free).

    OperationsCertegy – Interest Free (No interest ever and take home

    lay-by plan ) and cheque guarantee services offered

    through diverse merchants. Key Partners: Modern Group,

    Midas, Michael Hill Jewellers and Freedom furniture.

    Flexirent – Leases & Loans (consumer and commercial),

    includes valuable services such as Protect and Loaner.

    Products offered via Computer, Electrical and other

    retailers. Key Partners: Harvey Norman, The Good Guys,

    Bing Lee, Noel Leeming, Apple Resellers, Flight Centre.

    Blink – Mobile Broadband products and plans available

    from major national retail chains and many independent

    outlets. Launched in 2009 and operating on the latest

    Optus dual band network Blink, is a natural inclusion when

    Flexirenting a notebook.

    Paymate - Sellers can receive online and mobile credit

    card payments without an expensive merchant facility

    issued by a bank, a secure website or gateway processor

    service. Paymate is recommended as a safer payment

    method by eBay and is fully integrated in the eBay.com.au

    checkout.

    FlexiCommercial – Lease (typically commercial and larger

    sized transactions). Offered via Vendor Programs and

    direct to medium and large businesses. Key Partners: M2,

    Kodak, Fuji Xerox, Low Carbon Australia, Comscentre.

    Lombard Finance – Credit Card and Interest Free finance.

    Key Partners: IKEA, Fantastic Furniture and Beaurepaires.

    Once Credit - Card and Interest free finance. Key partners:

    Kitchen Group, King Furniture and Solarhart.

    Recent DevelopmentsWith the arrival of Tarek Robbiati in January 2013 and a

    customer centric operating model supported by a leaner

    corporate centre, Flexi is well positioned to deliver full-

    service financing solutions to Retailers & SME.

    Future OutlookFlexi continues to keep diversification and innovation at

    its core, driving growth in volume and shareholder value.

    Contact DetailsLevel 8, 201 Pacific Highway, St Leonards

    New South Wales, 2065, Australia

    t +61 2 8905 2156

    e [email protected]

    w www.flexigroup.com.au

    11.00am – FlexiGroup Ltd ASX: FXL

    Market Cap* A$1,265.1m

  • * Source, Bloomberg, 16 September 2013

    Company Description Freedom Foods Group Limited is an ASX Listed

    Company providing for specialised needs in the Global

    Food Industry.

    Freedom Foods Group Limited has a broad range

    of Australian institutional shareholders and a major

    shareholder, the Perich Group, a Sydney based family

    owned group involved in dairy farming, agriculture and

    property development.

    OperationsIts operating activities comprise:

    • FreedomFoods,anintegratedleadingbrand

    manufacturerofallergenfreecerealsandsnacks;

    • PactumGroup,aleadingproviderofUHT(Long

    Life) Packaging solutions in food and beverages

    (including dairy) for branded and private label

    customers;and

    • Specialityseafoodbrandsoperatinginthecanned

    sardines and salmon markets

    The Company is the largest single shareholder

    (18.04%) in A2 Corporation (NZX: ATM), which markets

    A2 branded dairy milk and infant formula in Australia,

    UK and China.

    Recent DevelopmentsThe Company has a strong market presence in

    Australia and New Zealand, with an increasing export

    focus to North America (for Freedom) and China and

    SE Asia (for Pactum through supply of high quality

    UHT dairy milk products of branded and private label

    customers).

    Intellectual Property/Products/Product Development ProgramsFreedom Foods manufacturing facility at Leeton

    in Riverina in regional NSW is the only integrated

    large scale manufacturing capability in Australia (and

    overseas) producing cereals and snacks “free from”

    key allergens such as gluten, nuts and dairy to the

    lowest detectable standards. All key grains utilised in

    the manufacturing process are also certified non GMO

    (genetic modified).

    Pactum’s newly established dairy UHT facility at

    Shepparton in regional Victoria is focussed on the

    supply of high quality UHT dairy milk for export markets

    to proprietary and private label customers in South East

    Asia, including China. The new facility will be the lowest

    cost UHT dairy facility in Australia providing Pactum with

    the opportunity to meet growing international demand

    for high quality (value added) UHT dairy milk, while

    providing additional capacity for value added beverages

    and food at its Sydney facility.

    A2 Corporation (a2C) of which the Company is the

    largest single shareholder, owns and commercialises

    unique and comprehensive intellectual property rights

    relating to a2™ brand milk and related dairy products in

    international markets.

    Significant Contractual ArrangementsThe Company recently announced the following key

    initiatives:

    • PactumandA2Corporationhaveagreedthekey

    terms of an agreement for the exclusive supply of a2

    UHT milk for Australian and Asian markets utilising

    Pactum’s capabilities at its Sydney and soon to be

    completed Shepparton facility. The agreement will

    provide for an initial term of 5 years, with renewal

    options

    11.25am – Freedom Foods Group Ltd ASX: FNP

    Market Cap* A$288.1m

  • • Aspartofitsstrategytodeveloplongtermvalue

    added supply relationships into China and SE

    Asia, Freedom Foods and Pactum have agreed

    to enter into a licence and supply agreement with

    Shenzhen JLL Group (JLL) in China. JLL will work

    with Freedom to take dairy products into the China

    market under long standing brands. JLL will invest

    in brand marketing and distribution. JLL is owned

    by parties associated with the development of

    significant consumer beverage brands in the China

    market

    Future OutlookThe Company has continued the positive trend in

    the development of its unique business platforms in

    specialised areas of the food market, with two key

    growth domestic and export related opportunities

    in Freedom Foods and Pactum Australia, a stable

    business base in Specialty Seafood and a strategic

    opportunity in A2C.

    Overall the Company anticipates growth in sales,

    operating profitability and improving return on funds

    employed in FY 14.

    Contact Details80 Box Road, Taren Point

    New South Wales, 2229, Australia

    t +61 2 9526 2555

    e [email protected]

    w www.ffgl.com.au

    Freedom Foods Group Ltd continued

  • * Source, Bloomberg, 16 September 2013

    Company DescriptionIngenia Communities, an ASX 300 property trust, is a

    leading owner, operator and developer of a diversified

    portfolio of seniors housing communities in Australia. At

    September 2013, Ingenia’s market capitalisation was

    approximately A$200 million.

    Ingenia was recognised as a leader in the

    BDO A-REIT Survey 2012 for achieving 74% total

    securityholder returns in the calendar year. Ingenia pays

    half yearly distributions, with current distribution yield of

    circa 2.5% pa. based on the closing price of A$0.395

    on 8 September 2013. Management aims to grow

    distributions in the near term.

    OperationsINA currently has 44 seniors living communities across

    Australia, comprising over 3,200 units across QLD,

    NSW, VIC, WA and TAS. These include 29 Garden

    Villages (Rental) – 1,520 units, 9 Settlers Lifestyle

    (DMF) – 950 units, and 6 Active Lifestyle Estates

    (Manufactured Home Estates) – 787 sites. The Group

    also has 3 student accommodation properties in

    Wellington, New Zealand.

    Ingenia employs over 150 staff, with its head office

    in Sydney and its service office based in Brisbane.

    Recent DevelopmentsIngenia has completed two successful capital raisings

    since June 2013 to accelerate its growth in the

    Manufactured Home Estates (MHE) market. In June it

    completed a significantly oversubscribed institutional

    placement of $21.2 million to fund 5 MHE acquisitions.

    In September, it announced a $60 million Rights Issue

    to acquire a further 9 accretive MHEs.

    Future OutlookIngenia aims to continue to grow organically with

    its significant development pipeline, drive earnings

    growth within its existing high yielding portfolios, and

    aim to acquire and develop a market leading position

    within the Manufactured Home Estates market in

    New South Wales. The Group reaffirms its intention to

    increase distributions over the near term to maximise

    securityholder returns.

    Contact DetailsLevel 5, 151 Castlereagh Street, Sydney

    New South Wales, 2000, Australia

    t +61 2 8263 0507

    e [email protected]

    w www.ingeniacommunities.com.au

    11.50am – Ingenia Communities Group Ltd ASX: INA

    Market Cap* A$220.6m

  • * Source, Bloomberg, 16 September 2013

    Company DescriptionProgrammed Maintenance Services Ltd (‘Programmed”)

    is a leading provider of staffing, maintenance and facility

    management services.

    We employ directly more than 11,000 people

    across a broad range of government and private sector

    businesses in the resources, infrastructure, education,

    manufacturing, logistics, commercial/retail and tourism/

    recreation sectors. Our ability to recruit and deploy staff

    is supported by an active database of some 60,000

    people.

    We provide services to over 7,000 customers, often

    under long-term contracts. We deliver these services

    through our network of over 200 branches throughout

    Australia and New Zealand.

    Our business model is built around our ability to

    recruit, retain and deploy a large directly-employed

    workforce of professional, skilled and semi-skilled staff

    with a wide range of capabilities.

    OperationsProgrammed is a leading provider of staffing,

    maintenance and facility management services

    operating in three divisions: Property & Infrastructure,

    Resources and Integrated Workforce.

    The Property & Infrastructure division provides

    building, maintenance and operation services to

    the property and infrastructure sector. Services

    include painting, grounds management, corporate

    imaging and signage, building repairs, electrical

    and lighting installation and repair, audio visual data

    and communication installation & repairs, facility

    management and complete maintenance services.

    These services are provided to over 5,000 customers

    across all industries, often under long term contracts

    and preventative maintenance programmes.

    The Resources division provides construction,

    maintenance and operation services to the resources

    sector, predominantly the offshore oil and gas sector.

    Services include marine manning, vessel management,

    catering, maintenance and construction support.

    These services are provided to many oil, gas and

    mining companies both offshore and onshore across

    Australia and New Zealand.

    The Integrated Workforce division provides

    recruitment and labour hire services to a range of

    industries including mining and construction, industrial,

    manufacturing, transport and logistics. The services are

    tailored to suit customer needs, from the provision of a

    single staff member to complete workforce and contract

    labour management. The division operates through a

    network of more than 40 branches across Australia and

    New Zealand and is supported by extensive health,

    safety and environmental management systems,

    industrial relations and payroll services.

    Recent DevelopmentsOver the past 12 months the company has been

    managed conservatively. Revenue has grown, net profit

    has been maintained, debt has been reduced and

    dividends have increased.

    The company recently updated its strategy to grow,

    focusedinfourareas;

    – further marketing and customer development across

    the group (many opportunities remain to sell more

    services to our customers)

    – building of scale (have a strong workforce / HR

    platform that is readily scalable)

    – expansion in resources (many new assets have

    been built that need ongoing operations and

    maintenance support)

    – expansion in public infrastructure (aging assets and

    increasing population will drive growth in operations

    and maintenance expenditures)

    12.15pm – Programmed Maintenance Services Ltd

    ASX: PRG

    Market Cap* A$315.7m

  • Intellectual Property/Products/Product Development ProgramsOur business is built around the provision of people.

    Customers contract our staffing service, a task-based

    service or a complete management or maintenance

    solution, often under a long-term contract.

    No matter what the service, we want our customers

    to value the “Programmed Difference”. These are the

    things that make us different from the many firms that

    offer one of our services, often only in one location:

    – ourabilitytorecruitanddeveloppeople;

    – our ability to deploy the right person with the right

    competencytoeachjob;

    – ourabilitytogetsafetyrightontheground;

    – our ability to manage industrial relations in an

    increasinglydifficultenvironment;

    – our ability to manage human resources (training,

    payroll, awards, superannuation, diversity,

    apprenticeships, and career development) in an

    increasinglyregulatedenvironment;

    – our ability to deliver operational improvements,

    flexibility and high levels of satisfaction to our

    customers.

    Significant Contractual ArrangementsOne of Programmed’s key strengths is its diversity of

    customers and industry sectors, as it reduces the risk

    of being over exposed to one sector or one customer.

    There is no contract that represents a material

    component of revenue (ie more than 5%).

    Future OutlookProgrammed believes that maintenance of net profit in

    FY13, along with a reduction in debt and an increase in

    dividend, represents a good result for shareholders in

    challenging market conditions. Activity in some of our

    sectors remains subdued, while we have good visibility

    of future work from both the oil and gas and public

    infrastructure sectors. Our business model providing

    staffing, maintenance and facility management

    services across all industry sectors, gives Programmed

    considerable strength and we will continue to manage

    the group conservatively, while taking advantage of

    growth opportunities that arise.

    Contact Details47 Burswood Road, Burswood

    Western Australia, 6100, Australia

    t +61 8 9216 2123

    e [email protected]

    w www.programmed.com.au

    Programmed Maintenance Services Ltd continued

  • * Source, Bloomberg, 16 September 2013

    Company DescriptionTroy is a successful gold and silver producer with

    a track record of low cost mine development and

    production. The Company is unique amongst its peers

    having paid 13 fully franked cash dividends over the last

    13 years.

    Troy has been operating in South America since

    2002 and, following development of the Casposo

    project in Argentina, the Company’s annual gold

    production is now above 100,000oz of gold per

    annum.

    Troy’sgoldandsilverproductionisunhedged;

    allowing its shareholders access to the full benefit of

    current and future gold price upside.

    Troy is a responsible corporate citizen, committed

    to the best practice of health and safety, environmental

    stewardship and social responsibility.

    OperationsFY2013 annual gold equivalent production 127,060oz

    at a cash cost of US$818/oz Au_Eq.

    Argentina, Casposo

    • FY2013goldequivalentproductionof93,372oz

    • Recordfinancialyearsilverproductionof

    1,361,133oz up 45% on FY2012

    • Installedsecondmill

    • Transitioningfromopencuttounderground

    production

    • Movedfromcontract-minertoowner-minerinthe

    underground

    Brazil, Andorinhas

    • FY2013goldproductionof33,688oz

    Recent Developments• Groupannualgoldequivalentproductionof

    127,060oz

    • HighgradeinterceptsatbothCasposoand

    Andorinhas

    • TakeoverofferforAzimuthResourcesLimitedby

    Troy moved to compulsory acquisition in mid-July

    resulting in Troy having the largest land package in

    Guyana (~8,000km2) over the Guiana Shield

    • WestOmaiProjectinGuyanaInferredResourcesof

    1.6Moz @ 3.1g/t including 1.0Moz at 5.0 g/t

    Resources / Reserves Estimates Please refer to the company website for the latest

    quarterly report: www.troyres.com.au

    Significant Contractual Arrangements• A$40millionloanfacilitywithInvestecBank

    (Australia) Limited

    Future OutlookGuyana, West Omai Project

    • Stage2InfilldrillingtoconvertfromInferredto

    Indicated Resource status by the end of the

    December quarter 2013

    • Pre-feasibilitystudytobecompletedbyendof

    March quarter 2014

    • OngoingexplorationofWestOmaitargets

    Argentina, Casposo

    • ExplorationdrillingtorecommenceinJunequarter

    2014

    Contact DetailsUnit 12, 1st Floor, 11 Ventnor Avenue, West Perth

    Western Australia, 6005, Australia

    t +61 8 9481 1277

    e [email protected]

    w www.troyres.com.au

    1.30pm – Troy Resources Ltd ASX: TRY

    Market Cap* A$249.8m

  • * Source, Bloomberg, 16 September 2013

    Company DescriptionSwick Mining Services (ASX:SWK) is one of Australia's

    largest mineral drilling contractors, providing high quality,

    high value underground and surface drilling services to

    a diverse group of mining houses in precious and base

    metals, and bulk commodities.

    Swick also has operations in Canada, the USA, and

    more recently, Portugal.

    OperationsThe Company specialises in Underground Diamond

    drilling, and has a reputation for providing high quality

    mineral drilling services and for pioneering innovative

    rig designs that deliver improvements in productivity,

    safety, versatility and value. Swick's competitive

    advantage is underpinned by its strong engineering

    acumen and dedicated R&D focus.

    Recent DevelopmentsSwick’s world leading underground diamond drilling

    division has recently been awarded new contracts and

    successfully renewed contracts already in place.

    New Contracts

    1. Somincor, Neves-Corvo Mine, Portugal. 4 to 5 rigs,

    two years with a one year option.

    2. North-West Queensland, Queensland, Australia. 2

    to 3 rigs, three years. Selected as the successful

    tenderer for the underground diamond drilling at a

    world class Silver/Lead Mine.

    3. Independence Group, Lightning Nickel, Long Nickel

    Operations, Kambalda, WA. 3 rigs, one year.

    Renewals

    1. Newmont Asia Pacific (Jundee and Granites Mines)–

    13 rigs 3 year contract

    2. Sandfire Resources (Degrussa Copper Mine) – 2

    rigs2yeartermwithaoneyearoption;

    3. Inova Resources ( Osborne and Kulthar Operations)

    – 1 rig 1 year contract

    4. La Mancha Resources (Frogs Leg Mine) -1 rig 1

    year contract

    Intellectual Property/Products/Product Development ProgramsThe Company specialises in Underground Diamond

    drilling, and has a reputation for pioneering innovative

    rig designs that deliver improvements in productivity,

    safety, versatility and value. Swick's competitive

    advantage is underpinned by its strong engineering

    acumen and dedicated R&D focus.

    Significant Contractual ArrangementsIn addition to the recently awarded and renewed

    contracts, Swick has provided drilling services to many

    of the world's largest mining companies, including BHP

    Billiton, Rio Tinto, Xstrata, Glencore, Newmont, Barrick,

    Vale, Gold Fields, Newcrest, Goldcorp and Agnico-

    Eagle Mines.

    Future OutlookSince the end of the financial year 2013, global financial

    and commodity markets continue to see volatility, with

    some mining companies showing reluctance to commit

    to ongoing programs.

    The Drilling Services market particularly has seen a

    reduction in demand which has also fuelled increased

    competition between market participants.

    Although confident of our business model delivering a

    safe, efficient and productive low unit cost solution, due

    to current market volatility and uncertainty, the Company

    has chosen to refrain from providing specific market

    guidance until the first quarter of FY14 is complete. Given

    existing market activity an overall reduction of activity of

    approximately 15% could be expected in FY14.

    Contact DetailsPO Box 74, Guildford

    Western Australia, 6935, Australia

    t +61 (0) 417 960 974

    e [email protected]

    w www.swickmining.com

    1.55pm – Swick Mining Services Ltd ASX: SWK

    Market Cap* A$72.6m

  • * Source, Bloomberg, 16 September 2013

    Company DescriptionDart Energy is an unconventional gas company with

    extensive shale gas potential in the UK and certain

    other CBM and shale gas assets in Australia and Asia.

    OperationsDart Energy has up to 110 Tcf shale gas potential

    (independently assessed) in Bowland Shale in England.

    In addition, Dart Energy has a supply agreement in

    place with with UK utility SSE and subject to gaining

    approvals, expects gas sales from the end of 2013.

    The eight year gas contract could generate revenues in

    excess of US$500million.

    Recent Developments• CompletedcorporaterestructureinlinewithitsUK

    strategic focus

    • CompletedinstitutionalplacementtoraiseA$11.9

    million and has a fully underwritten entitlement offer

    underway to raise a further A$8.8 million

    • CompletedsaleofaCBMassetinChina(Liulin

    project) for US$20.88 million

    Resources / Reserves EstimatesPlease refer to the company website for the latest

    quarterly report: www.dartgas.com

    Future OutlookDart Energy is focussed on progressing activity

    across its shale prospects in the UK and subject to

    planning permissions, progress the Airth CBM project

    into development and production and expects to

    commence commercial gas sales during 2015.

    Contact Details#19-03/04,TheGatewayEast,

    152 Beach Road, Singapore 189721

    t +65 6508 9840

    e [email protected]

    w www.dartgas.com

    2.20pm – Dart Energy International Ltd ASX: DTE

    Market Cap* A$126.3m

  • UNITYMining Limited

    * Source, Bloomberg, 16 September 2013

    Company DescriptionUnity Mining Limited (ASX:UML) is an Australian gold

    explorer, developer and producer which owns and

    operates the Henty Gold Mine in Tasmania and is

    developing the Dargues Gold Mine in Southern New

    South Wales. Unity is also involved in gold exploration

    in West Africa through its investment in GoldStone

    Resources Limited. Unity holds tenure over the Bendigo

    Goldfield in Victoria.

    OperationsHenty Gold Mine

    • Productionof43,851ozinFY13

    • 1.3millionouncesofundergroundgoldproduction

    from 1996 to date

    • Historicproductionhasaveragedc.80,000oz/yat

    11 g/t gold

    • Thehigh-gradeReadZonecontinuestoevolve

    as a resource and the zone remains open as an

    extensive exploration target

    Dargues Gold Mine

    • Targeting50,000oz/yeargoldproduction,withan

    initial 5 year mine life, exploration upside

    • Strongexplorationupsideonhighlyprospective

    tenements

    Recent Developments• ProductionfromtheHentyGoldMineinFY13

    was 43,851 ounces of gold at an average cash

    operating cost of $1114/oz

    • SuccessfulconclusiontomergerwithCortona

    Resources in January 2013

    • Commencementofpre-constructionearthworks

    at Dargues Gold Mine in February 2013. First gold

    expected in the first half of FY15

    Resources / Reserves EstimatesPlease refer to the company website for the latest

    quarterly report: www.unitymining.com.au

    Future OutlookThe Company's goal is to be a profitable mid-tier

    gold mining company, operating multiple mines in a

    responsible manner and achieving strong financial

    returns. Our strategy is to discover, operate and

    acquire quality gold assets to transform the Company

    into a mid-tier gold producer. With cashflow, no debt,

    no hedging, a robust balance sheet and growing

    production profile, Unity has a strong platform for future

    growth.

    Contact DetailsLevel 10, 350 Collins Street, Melbourne

    Victoria, 3000, Australia

    t +61 3 8622 2300

    e [email protected]

    w www.unitymining.com.au

    2.45pm – Unity Mining Ltd ASX: UML

    Market Cap* A$54.1m

  • * Source, Bloomberg, 16 September 2013

    Company DescriptionIMF is the largest litigation funder in Australia and has

    been listed on the ASX since 2001. IMF’s principal

    activities are the investigation, management and

    funding of litigation in Australia and other jurisdictions.

    Bentham IMF is IMF’s wholly owned subsidiary in the

    United States.

    OperationsIMF employs a large team of professional investment

    managers with diverse legal and investigative

    experience and expertise. In Australia, IMF has offices

    in Sydney, Perth, Melbourne, Brisbane and Adelaide.

    Bentham IMF has offices in New York and Los Angeles.

    Recent DevelopmentsLast year, IMF successfully funded clients in a claim

    against Standard & Poor’s and others for its ratings of

    Constant Proportion Debt Obligation (CPDO). We have

    funded similar cases in Australia and in the Netherlands.

    We are looking at other cases against rating agencies in

    the United Kingdom and Europe.

    Future OutlookIMF is in a strong financial position moving forward and

    is capable of capitalising on opportunities to fund cases

    with larger potential returns.

    IMF currently has an investment portfolio of $1.635B.

    We aim to increase our investment portfolio to $2B in

    the short term.

    Contact DetailsLevel 10, 39 Martin Place, Sydney

    New South Wales, 2000, Australia

    t +61 2 8223 3567

    e [email protected]

    w www.imf.com.au

    3.30pm – IMF (Australia) Ltd ASX: IMF

    Market Cap* A$237.8m

  • * Source, Bloomberg, 16 September 2013

    Company DescriptionSilex Systems Limited (ASX: SLX) (OTCQX: SILXY)

    is a world leader in research, development and

    commercialisation of leading edge technologies in key

    strategic markets, including nuclear power, solar power,

    semiconductor materials and instrumentation. Silex is a

    member of the S&P/ASX 300 index and also listed on

    the OTCQX.

    OperationsSilex’s two main divisions focus on:

    • ‘SILEX’laser-baseduraniumenrichmenttechnology

    which has been licenced to GE- Hitachi Global

    Laser Enrichment (GLE), a business venture

    comprising GE (51%), Hitachi (25%) and Cameco

    (24%) for potential commercial deployment in the

    USA

    • Deploymentofunique‘DenseArray’Concentrating

    Photovoltaic (CPV) utility scale solar power stations

    in key global markets by 100% owned subsidiary,

    Solar Systems Pty Ltd

    Recent Developments• SILEXuraniumenrichmenttechnologycompleted

    Phase I of a two phase commercialisation

    program. Phase I involved advanced technology

    demonstration. This followed receipt of approval

    from the US Nuclear Regulatory Commission in

    September 2012 for a combined construction

    and operating license for the first commercial plant

    planned for Wilmington, North Carolina

    • SolarSystems’1.5MWCPVsolardemonstration

    facility was commissioned and connected to the

    national grid under a power off-take agreement with

    Diamond Energy

    Intellectual Property/Products/Product Development ProgramsSilex has an extensive intellectual property portfolio

    providing extensive coverage and protection for all

    of its proprietary technologies. The SILEX process is

    a classified technology and is protected by nuclear

    safeguards legislation covering matters of Australian

    and US national interest. Our products include ‘Dense

    Array’ CPV dish systems for utility scale solar power

    station deployment, novel semiconductor materials and

    test and measurement instrumentation solutions.

    Significant Contractual Arrangements• Silexhaslicensedits‘SILEX’laser-baseduranium

    enrichment technology to Global Laser Enrichment

    (GLE), a business venture comprising GE (51%),

    Hitachi (25%) and Cameco (24%).

    • SolarSystemshasapoweroff-takeagreement

    in place with Diamond Energy for its 1.5 MW

    demonstration facility at Mildura, Victoria and also for

    its 600kW Test and Reliability facility at Bridgewater,

    Victoria.

    Future OutlookIn accordance with the license agreement with GLE,

    Silex may receive a perpetual revenue royalty of between

    7 – 12% (based on the capital cost per unit of capacity

    deployed). In addition, business and project development

    activities are underway for Solar Systems unique CPV

    solar dish systems. Opportunities for commercial

    deployment of the company’s novel semiconductor

    materials and instrumentation are also being considered.

    Contact DetailsPO Box 364, Sydney

    New South Wales, 2001, Australia

    t +61 2 9704 8888

    e [email protected]

    w www.silex.com.au

    3.55pm – Silex Systems Ltd ASX: SLX

    Market Cap* A$422.2m

  • * Source, Bloomberg, 19 September 2013

    Company DescriptionRegeneus is a Sydney-based regenerative medicine

    company. Founded in 2007, Regeneus develops and

    commercialises proprietary cell-based technologies

    for the creation and manufacture of innovative cell

    treatments for humans and animals.

    Regeneus' cell technologies enable the application of

    the regenerative capacities of adipose-derived cells

    (cells derived from fat) including mesenchymal stem

    cells, for the treatment of musculoskeletal and other

    inflammatory conditions.

    OperationsRegeneus has successfully developed and has

    commercialised an autologous (using a patient's own

    cells) "point-of-care" cell therapy for the treatment of

    musculoskeletal conditions in humans (HiQCell®).

    HiQCell is currently available through a network of

    specialist medical practitioners in Australia. In FY13,

    over 335 patients and over 700 joints were treated with

    HiQCell in Sydney. Clinical data from these treatments

    is included in Australia’s largest ethics approved cell

    therapy joint registry.

    Regeneus has also developed and manufactures

    an allogeneic (using donor cells) "off-the-shelf" product

    for canine and equine musculoskeletal conditions

    (CryoShot®). Since early 2012, CryoShot has been

    trialed by over 70 equine and canine veterinarians in

    Australia.

    Recent DevelopmentsHiQCell Commercialisation

    Regeneus is dedicated to expanding the commercial

    roll-out of HiQCell processing laboratories in hospitals

    and day surgeries in Australia. In September 2013,

    HiQCell treatments commenced at John Flynn Private

    Hospital in the Gold Coast.

    CryoShot US Clinical Trial

    In July 2013, Regeneus announced the successful

    submission of an Investigational New Animal Drug

    Application (INADA) to the Centre for Veterinary

    Medicine (CVM) with the Food and Drug Administration

    (FDA) in the United States for CryoShot® Canine. This

    is an important step towards product registration in the

    US.

    Intellectual Property/Products/Product Development ProgramsRegeneus has filed 9 families of patent applications

    that if granted substantially as claimed cover the current

    products including HiQCell, CryoShot and a range

    of future products. The 9 patent families have been

    developed and are owned by Regeneus. Regeneus

    has licensed from Northern Sydney Local District

    exclusive rights to commercialise IP rights relating to

    technology developed at the Kolling Institute of Medical

    Research for vaccines for the treatment of prevention of

    cancer in animals and humans.

    Significant Contractual Arrangements• MacquarieUniversityR&DCollaborationAgreement

    – on projects undertaken by Dr Herbert relating to

    the use and measurement of stem cells for clinical

    applications in humans and animals

    • KollingInstituteofMedicalResearchCollaboration

    Agreement – agreement investigating a combined

    vaccine and adipose-derived cell therapy to treat

    cancer with exclusive commercial rights to the

    autologous cancer vaccine for the animal market

    and first rights for the human market

    • RegeneushascommerciallicenceswithallMedical

    Practitioners and Licenced Facilities for the use of

    HiQCell

    4.20pm – Regeneus Ltd ASX: RGS

    Market Cap* A$36.6m

  • Future OutlookThe below outlines the key business initiatives that

    Regeneus plans to pursue over the next 2 years with

    the funds raised under the Offer:

    1. Expand HiQCell footprint to capital cities and major

    population centres in Australia

    2. Expand HiQCell to other indications by leveraging

    existing treatment networks, including neuropathic

    pain, other immune-mediated conditions and cancer

    3. Broaden market usage of CryoShot and finalise

    CryoShot specification for registration

    4. Commence FDA approved CryoShot trial in USA for

    canine osteoarthritis

    5. Launch HiQCell in UK and Singapore for

    musculoskeletal conditions

    6. Proof of principle and safety study of human

    CryoShot

    Contact Details77 Ridge Street, Gordon

    New South Wales, 2072, Australia

    t +61 450 253 059

    e [email protected]

    w www.regeneus.com.au

    Regeneus Ltd continued

  • Supporter Profiles

  • Supporter Profiles

    BBY is Australia and New Zealand’s largest non-bank

    owned stockbroker. With an extensive global reach, BBY’s

    mission is to service the local and international needs

    of Australian and New Zealand high growth companies,

    institutional investors, broker dealers and private investors.

    BBY is located in Adelaide, Auckland, Gold Coast,

    London, Melbourne, New York, Perth, Sydney (Head

    Office) and Wellington. Our clients benefit from our local

    knowledge and global distribution.

    BBY’s research capabilities include money making calls

    which have delivered significant value to our clients.

    Someofthesecallsinclude;

    • FortescueMetalsGroup(FMG,+1,580%)

    • BuruEnergyLimited(BRU,+420%)

    • LincEnergyLtd(LNC,+380%)

    • OricaLimited(ORI,+280%)

    • G8EducationLimited(GEM,230%)

    Moreover, with three recent additions to our research

    team, BBY continues to extend its knowledge across

    diverse sectors of the market in order to better service our

    clients.

    Glenn RosewallExecutive ChairmanBBY Limited

    Level 17, 60 Margaret Street

    Sydney, NSW 2000, Australia

    t +61 2 9226 0032

    e [email protected]

    w www.bby.com.au

    Fortbridge is an independent media and investor relations

    consultancy that specialises in representing listed mining,

    energy and mining services companies. We work with clients

    to build corporate reputation and promote shareholder value

    in key investment centres around the world.

    Our investor communications programs target a range of

    stakeholders including shareholders, institutional investors,

    funds and the financial media in the markets in which our

    clients operate. We also work with clients to target strategic

    and industrial investors in India, China and Russia.

    With up-to-date research and investor contact information

    in all major financial centers, Fortbridge targets relevant

    institutional investors and funds to engage their support for

    our clients’ IPOs, institutional placements, capital raisings,

    SPPs and on-market trades.

    Fortbridge consultants have a track-record of working

    with clients to enhance shareholder value and grow

    theirbusinesses;tocommunicatethevalueofnew

    developments and to manage significant issues that

    impact reputation.

    Bill KemmeryManaging DirectorFortbridge Consulting

    Suite 1402, Level 14

    East Sydney NSW 2010, Australia

    t +61 2 9003 0477

    e [email protected]

    w www.fortbridge.com

    Christine WootliffInvestor Relations Consultant – Hong KongFortbridge Consulting

    e [email protected]

    t +852 9087 2327

    w www.fortbridge.com

  • Australian Institutional Research, Sales & Trading

    Australia and New Zealand’s Largest Non-Bank Owned Stockbroker

    This document has been prepared by BBY Limited (ACN 006 707 777) (Australian Financial Services Licence No 238 095) a participant of ASX and SmarTrader (ACN 115 752 102) (Australian Financial Services Licence No 295 337) (part of the BBY Group)

    All material contained in this document is general advice only and does not take into account any individual’s personal financial situation, needs or objectives. Please note that BBY makes important disclosures of its interests at www.bby.com.au/Disclaimer

    BBY delivers knowledgeable insights and money making ideas on Australian Securities Exchange (ASX) listed companies. Clients of BBY benefit from our local market knowledge and global distribution with offices located in Australia, New Zealand, New York and London.

    With an extensive global reach, BBY’s mission is to service the local and international needs of our investors.

    BBY’s ASX equities turnover is over $2.1 billion per month. In 2012, BBY was ranked Australia’s 4th Best Equity Capital Markets Bank and 10th Best Investment Bank.

    Why do Leading Institutional Clients use BBY?

    BBY holds a unique place in the Australian and New Zealand securities markets and has been operating since 1987. BBY has invested in leading-edge technology to ensure we have a scalable business.

    BBY understands that choosing the right investment partner is not always easy. It is our goal to ensure that clients are beyond satisfied working with a persistent, determined and knowledgeable team.

    BBY strives to make certain that we are our client’s partner of choice for the long-term and we are 100% committed to achieving our clients’ investment objectives.

    What Does BBY Offer?

    With a strong sales presence in Australia, New Zealand, UK, US and Asia, our teams are well positioned to service the local and global capital information needs of our clients. Our Research, Sales and Trading teams generate value and money making opportunities for our clients via;

    ASX Block trades

    ASX Portfolio execution

    Best Execution including Direct Market Access (DMA) to the ASX

    Clearing and Settlement through ABN AMRO

    ASX Conferences and Roadshows

    Corporate Finance Products

    Economics and Strategy Research

    Futures Execution (24hr)

    Foreign Exchange Conversion (24hr)

    Award Winning ASX Company Research

    Prudent Marketing of BBY’s Ideas.

    Money Making Ideas

    BBY is devoted to generating valuable ideas for clients for example;

    BBY is proud to have backed 7 ASX listed companies from less than A$200 million market cap through to their significant achievements of over A$1 billion. BBY’s Billion Dollar club has seen 7 join in the last few years including Fortescue Metals Group (FMG), Karoon Gas Australia (KAR), Linc Energy (LNC) and Extract Resources (EXT).

    On FMG for example, BBY was the first broker to recommend the company in 2005, where we were instrumental in multiple transactions returning over 1,300% for many investors. FMG is now the fourth largest Iron ore producer in the world and with the help of a strong US share register introduced by BBY, FMG reached its high watermark of A$41 billion in 2008.

    Since recommending child care service provider G8 Education (GEM) in October 2011 at A$0.50, their market cap has grown from A$160 million to A$900 million and the company’s share price has increased by more than 560%. Based on a target price of A$4.30 versus a share price of A$3.30, GEM is expected to be the next member of BBY’s Billion Dollar club.

    Speak to a BBY advisor about our High Conviction (HC) Portfolio, which is based on inputs from our Research Team where a stock has a strong enough conviction to be included. The portfolio currently holds 52 stocks and will consist of between 50 to 75 stocks when BBY expands its coverage to 150 stocks by November 2013. BBY’s HC Portfolio has returned 21.3% annualised over the past 5 financial years versus an ASX300 return of 2.8% since 2009.

    Glenn Rosewall Executive Chairman +61 438 685 003 International Client Sales +61 2 9226 0030 Australian Client Sales +61 2 9226 0065

    bby.com.au

  • Research.Target.Engage.

    media & investor communications

    www.fortbridge.com

  • Supporter Profiles

    Morningstar provides investment research for stocks, funds,

    ETF's, hybrids, and LIC's as well as financial data, news, and

    investing articles and videos.

    Fabian PazmiñoProduct Manager

    Morningstar Australasia Pty Ltd

    Level 36, Australia Square, 264 George St, Sydney

    New South Wales, 2000, Australia

    t +61 2 9276 4522

    e [email protected]

    w www.morningstar.com.au

  • Every day, millions of people worldwide access investment information based on data feeds licensed from Morningstar, a leading global provider of independent investment data and research. Our data is widely accessible in global media sites, regional publications, web-based tools, software applications, and client communications.

    Morningstar® Data for funds and stocks offers institutions the opportunity to license a data feed of timely information from Morningstar’s proprietary database. Data feeds meet a range of business needs – they support wrap platforms, integrate with third-party applications, populate internal

    QQQQQreporting software, and power investor and adviser websites. Morningstar continually adapts its data feeds to meet client needs, regulatory changes, and marketplace trends.

    Morningstar® Data features a variety of fund and equity data feeds that incorporate seamlessly into business operations. Offering consistency and accuracy, our data feeds provide the foundation to run websites, assist brokers in making sound recommendations, and enrich products and services for individual investors. Data feeds are available as individual licenses to meet a specific need or as combined licenses to serve a broad range of functions.

    Purchasing Information

    AsiaContact: Shihan AbeygunawardanaProduct Manager, Licensed [email protected] +852 2973 4670

    AustraliaContact: Fabian PazmiñoProduct Manager Equity [email protected] +61 2 9276 4446

    Morningstar® Data for Funds and StocksThe leading source for global investment data.

    Morningstar DirectTM

    The all-in-one institutional research platform.

    Morningstar Real-Time Data Accurate real-time global market data.

  • About ASX

  • This is not intended to be financial product advice. To the extent permitted by law, ASX Limited ABN 98 008 624 691 and its related bodies corporate excludes all liability for any loss or damage arising in any way including by way of negligence. This document is not a substitute for the Operating Rules of the relevant ASX entity and in the case of any inconsistency, the Operating Rules prevail.

    © Copyright 2013 ASX Limited ABN 98 008 624 691. All rights reserved 2013.

    ASX Group (ASX) is one of the world’s leading exchange

    groups, ranked among the top 10 by market capitalisation.

    • Weoperateafullyintegratedexchangeacrossmultiple

    asset classes – equities, fixed income and derivatives.

    • Weserviceawiderangeofretail,institutionaland

    corporate customers, directly and through intermediaries.

    • Weofferabroadrangeofservicesthatallowour

    customers to invest, trade and manage risk. This includes

    listings, trading, post-trade services, and technical and

    information services.

    • Weoperateinfrastructurethatsupportsthesystemic

    stability of Australia’s financial markets and which is critical

    for the efficient functioning of the nation’s economy,

    economic growth and position in the Asia Pacific region.

    More information about ASX can be found at:

    www.asxgroup.com.au

    Further Information

    Andrew MusgraveBusiness Development Manager, Asia

    t +61 414 392 905

    e [email protected]

    Brooke PenfoldManager, ECM Development

    t +61 2 9227 0478

    e [email protected]

    About ASX

    Global Index Performance 2000-2013*

    * January 2013Source: Bloomberg

    Inde

    x Le

    vel

    2000

    2001

    2002

    2003

    2004

    2005

    2006

    2007

    2008

    2009

    2010

    2011

    2012

    2013

    0

    50

    100

    150

    200

    250

    Hang Seng Nasdaq NikkeiFTSE 100Dow JonesS&P/ASX 200