Search
ASTRON LIMITED (ATR)

ASTRON LIMITED (ATR)

  Print

Welcome to InvestSMART

You are currently viewing our site as a guest, which gives you limited access to our site features. By signing up for a free membership, you will receive our Investment Opportunity newsletters and have access to additional features for finding and comparing managed funds and shares. Registration is fast and simple, so please:

Sign Up Today » it's FREE! Already a member? Login now!


General Information
Company Name: Astron Limited
Stock Code: ATR
Website: www.astronlimited.com
GICS Sub-Industry: Diversified Metals & Mining
Market Cap ($M): 175
Equiv. Shares (M): 65

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 2.750 $ 2.750 $ 2.750 $ 2.750 $ 2.700 1,000 $ 0.050  1.852 %

Company Overview

Business Description:
Astron Limited (ATR) is a producer of zirconium chemicals and related materials. The company exports its products to a number of countries with a manufacturing base located in China.

Strategy Analysis:
ATR's production strategy is focused on technical expertise in producing high performance chemical products and reducing processing costs. Supported by a growing Chinese economy, ATR is one of China's largest zirconium chemicals and materials companies and is continuing to expand its sales throughout China and the world. ATR intends to focus on higher value and growth opportunities attainable from heavy minerals production in Senegal and Gambia and from titanium dioxide in China.. Astron reported NPAT down 26% to $882,651 for the year ended 30 June 2011. Revenue from ordinary activities were $20.49m, up 34% from last year. Basic and Diluted EPS were 1.4 cents compared to 1.8 cents last year. The net operating cash outflow was $1.49m compared to an inflow of $3.95m in the pcp. No dividend was declared.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2011  A 4.8 7.6 162.1 30.6 0.0 0.0 --
2010  A 1.9 2.9 -- 66.8 0.0 0.0 --
2009  A -0.6 -1.0 -100.6 0.0 0.0 0.0 --
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
Astron (ATR) $178 M 1.6807 -- -- 35.9948 -- -- 0.0000 -- --
BHP Billiton (BHP) $120,760 M 0.3914 0.0757 0.1989 10.3152 9.5891 7.9980 0.0250 0.0317 0.0333
Iluka Resources (ILU) $7,244 M -- 12.8318 1.1768 200.6961 14.5098 6.6656 0.0046 0.0361 0.0767
Rio Tinto (RIO) $30,721 M 0.7519 0.2220 0.0026 10.0795 8.2484 8.2270 0.0151 0.0182 0.0207
Sims Metal Management (SGM) $3,067 M 0.4412 0.1629 0.4163 16.0284 13.7835 9.7322 0.0315 0.0382 0.0445

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
ATR -- 35.3 0.83 -- 17.6
Market 0.82 12.5 1.38 1.21 1.90
Sector 0.61 12.1 1.30 0.67 20.9

Directors
Name Position Start Date
Ms Mdm Kang Rong Executive Director 21 August 2006
Mr Mark Nielsen Finance Director,Company Secretary 23 February 2009
Mr Alexander Gavin Brown Managing Director 04 February 1998
Mr Gerard Arthur King Non-Executive Chairman 04 November 1985
Mr Ronald H McCullough Non-Executive Director 21 August 2006
Mr Robert (Bob) John Flew Non-Executive Director 19 March 2004

Management
Name Position
Emma Vogel Development Manager - Mining
Simon Peters Project Manager - Donald Mineral Sands Project
Scott McDaniel Technical Manager

Substantial Shareholders
Holding Name
-- (--%) Not Disclosed in Annual Report

Calendar of Events
Date Event
25 January 2013 Report (Quarterly)
24 October 2012 Report (Quarterly)
15 October 2012 Report (Annual)
20 August 2012 Report (Prelim)
25 July 2012 Report (Quarterly)
12 April 2012 Report (Quarterly)
17 February 2012 Report (Interim)
Search for Managed Funds, Superannuation Funds and Retirement Funds Find a Managed Fund Reduce your fees and save money on your Managed Funds with our 100% Entry Fee Rebate 100% Entry Fee Rebate

Login
Email
Password
     Log me in automatically in future
Forgotten password? | Secure Login | Terms & Conditions
Free Membership

Membership benefits...

  • 100% entry fee rebates
  • Cash back on your managed fund investments with our innovative TrailCap™ program
  • Independent research on...
    • over 1,000 managed funds
    • over 300 ASX-listed Companies
    • top performing suburbs/postcodes
  • Access to IPOs/floats & other investment offers
  • Superior investment tools...
    • Portfolio manager
    • Watchlists
    • Alerts
  • Regular investment e-newsletter

Advertisement

Portfolio / Watchlist

Start a new portfolio / view your existing portfolio.
Track all your assets and manage your investments easily.

Trade Shares Online from $19.95^

eNewsletter

Keep up to date with new investments and important news - subscribe to our FREE weekly eNewsletters. Sign up now!

Free Guides

The Essential Guide to Investing in Shares via SMSFs

An educational booklet that outlines how to get the most from your share investments for retirement thorugh your self managed super fund.

More details...


News

Obama hoses down talk of Israeli strikes against Iran

The Age 7/02/2012 | ISRAEL'S Foreign Minister was headed for Washington overnight amid signs that the US and its Middle East ally hold diverging views on how best to resolve the standoff over Iran's disputed nuclear program.

Ryan misses out on Perpetual love

Sydney Morning Herald 7/02/2012 | There will be fewer love hearts and boxes of chocolates this Valentine's Day for the short-lived chief executive of Perpetual Limited, Chris Ryan.

Hotel upgrades aimed at rising domestic demand

Sydney Morning Herald 7/02/2012 | HOTEL owners and operators are preparing for a busy year of openings and renovations as demand increases from domestic travellers.

Catch some rays and head into blue heaven

The Age 6/02/2012 | AUSTRALIA has a reputation for embracing technological developments quickly. We had a record take-up of VHS, DVD and widescreen television, and it is widely claimed that the Land of Oz has more home theatres per head of population than anywhere else in the world.

In the final analysis, Pete had the good oil

Sun Herald 5/02/2012 | INVESTORS cheered during the week, perhaps convinced that the latest rearrangement of deckchairs on the good ship euro will do the trick and right the heavily listing vessel.

If you can't beat banks, join 'em

Sun Herald 5/02/2012 | David Potts reveals why having a stake in a lender is so much more profitable than being its customer  dividends.

More...


Sponsored Links

More from our network...