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AMCIL LIMITED (AMH)

AMCIL LIMITED (AMH)

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General Information
Company Name: AMCIL Limited
Stock Code: AMH
Website: www.amcil.com.au
GICS Sub-Industry: Other Diversified Financial Services
Market Cap ($M): 146
Equiv. Shares (M): 209

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.700 $ 0.700 $ 0.700 $ 0.700 $ 0.705 36,500 $ -0.005  -0.709 %

Current Broker Consensus Recommendation more
Recommendation: Hold
Recommendation Date: 23rd Jul 2009
12 Month Target Price (average): $0
Brokers Surveyed: 1

Company Overview

Business Description:
AMCIL Limited (AMH) is an equity investment company investing in Australia and New Zealand, focusing on a concentrated portfolio approach but across the broader market.

Strategy Analysis:
AMH's portfolio covers both large and small companies. The number of companies in the portfolio will usually comprise 30 to 40 stocks depending on market conditions and thematic investment opportunities. The selection of stocks in the portfolio is based on attractive valuations as well as the outlook for growth and the competitive structure of the industry. The portfolio invests for the medium to long term.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2011  A 8.4 4.1 10.8 16.0 3.5 5.3 100.0
2010  A 7.0 3.7 -32.7 17.6 2.0 3.1 100.0
2009  A 9.7 5.5 -31.3 10.0 2.0 3.6 100.0
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2009 A 2010 F 2011 F 2009 A 2010 F 2011 F 2009 A 2010 F 2011 F
AMCIL (AMH) $147 M 0.1072 -- -- 17.0702 -- -- 0.0496 -- --
Challenger (CGF) $1,847 M 0.1261 0.0374 0.0473 7.0270 6.7735 6.4677 0.0488 0.0524 0.0568
IOOF (IFL) $1,273 M 0.1448 -0.0970 0.1136 11.5273 12.7650 11.4629 0.0776 0.0704 0.0738
Macquarie Group (MQG) $9,112 M -0.2667 0.2384 0.2555 12.9214 10.4339 8.3105 0.0536 0.0588 0.0713
Platinum Asset Mgmt (PTM) $2,139 M 0.1281 -0.1448 0.0133 14.4757 16.9258 16.7032 0.0656 0.0528 0.0557

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth
AMH 1.05 16.9 0.94 --
Market 1.12 11.1 0.96 2.31
Sector 0.94 12.3 0.82 3.30

Directors
Name Position Start Date
Mr Ross Ernest Barker Executive Director,Managing Director 01 May 1996
Mr Bruce B Teele Non-Executive Chairman,Non-Executive Director 19 December 2003
Mr Terrence Arthur Campbell Non-Executive Director 30 May 1996
Mr Stanley David Martin Wallis Non-Executive Director 24 March 2004
Mr Peter Charles Barnett Non-Executive Director 01 August 1996
Mr Rupert H Myer Non-Executive Director 25 January 2000
Mr Richard (Bob) Bartholomew Santamaria Non-Executive Director 01 August 1996

Management
Name Position
Andrew Porter Chief Finance Officer,Company Secretary
Andrew JB Porter Chief Financial Officer
R Mark Freeman Chief Investment Officer
Simon Pordage Company Secretary
Geoffrey N Driver General Manager Business Development and Investor Relations

Substantial Shareholders
Holding Name
32,848,688 (16.86%) Teele, Bruce Ballantine
10,257,343 (5.26%) Djerriwarrh Investments Limited

Calendar of Events
Date Event
20 February 2013 Report (Interim)
21 January 2013 Report (Interim)
23 August 2012 Report (Annual)
18 July 2012 Report (Prelim)
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