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DIVERSIFIED UNITED INVESTMENT LIMITED (DUI)

DIVERSIFIED UNITED INVESTMENT LIMITED (DUI)

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General Information
Company Name: Diversified United Investment Limited
Stock Code: DUI
Website: www.dui.com.au
GICS Sub-Industry: Other Diversified Financial Services
Market Cap ($M): 400
Equiv. Shares (M): 167

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 2.390 $ 2.380 $ 2.390 $ 2.380 $ 2.360 39,045 $ 0.030  1.271 %

Current Broker Consensus Recommendation more
Recommendation: Hold
Recommendation Date: 15th Feb 2008
12 Month Target Price (average): $0
Brokers Surveyed: 1

Company Overview

Business Description:
Diversified United Investment Limited (DUI) is an investment company that invests in a diversified portfolio with the objective of obtaining its current income and longer term capital gain within an acceptable level of risk.

Strategy Analysis:
DUI takes a medium-to-long-term view, investing in a diversified portfolio of Australian equities, international equities, fixed interest securities, listed property trusts, and short-term deposits. .


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2011  A 21.0 12.8 21.9 22.5 13.0 4.5 100.0
2010  A 16.3 10.5 23.5 29.4 13.0 4.2 100.0
2009  A 12.2 8.5 -62.9 31.1 13.0 4.9 100.0
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
Challenger (CGF) $1,847 M 0.1261 0.0374 0.0473 7.0270 6.7735 6.4677 0.0488 0.0524 0.0568
Diversified United Investment (DUI) $395 M 0.2183 -- -- 18.4664 -- -- 0.0551 -- --
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
DUI 0.83 18.7 0.87 --
Market 1.12 11.1 0.96 2.31
Sector 0.94 12.3 0.82 3.30

Directors
Name Position Start Date
Mr Charles Barrington Goode Chairman 23 September 1991
Mr Stephen Hiscock Non-Executive Director 16 November 2011
Mr Pierre Prentice Non-Executive Director 01 February 2012
Mr Anthony(Tony) Burgess Non-Executive Director (other) 10 September 2008

Management
Name Position
Andrew J Hancock Company Secretary

Substantial Shareholders
Holding Name
12,030,202 (7.27%) Australian Foundation Investment Company Ltd
14,769,575 (8.93%) Argo Investments Ltd and Associated Companies
33,706,648 (20.37%) The Ian Potter Foundation Ltd and Dundee Trading Pty Ltd
12,868,971 (7.78%) The Myer Family Company Pty Ltd

Calendar of Events
Date Event
14 March 2013 Report (Interim)
12 February 2013 Report (Interim)
19 September 2012 Report (Annual)
10 September 2012 Report (Annual)
10 August 2012 Report (Annual)
10 August 2012 Report (Prelim)
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