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HUDSON INVESTMENT GROUP LIMITED (HGL)

HUDSON INVESTMENT GROUP LIMITED (HGL)

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General Information
Company Name: Hudson Investment Group Limited
Stock Code: HGL
Website: www.higl.com.au
GICS Sub-Industry: Diversified Real Estate Activities
Market Cap ($M): 23
Equiv. Shares (M): 258

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.089 $ 0.000 $ 0.000 $ 0.000 $ 0.089 0 0%

Company Overview

Business Description:
Hudson Investment Group Limited (HGL, formerly be known as Hudson Timber and Hardware) is mainly involved in property investment, management and development in Australia and New Zealand. In addition, the company is involved in the exploration and development of mining leases.

Strategy Analysis:
HGL intends to add value to the company and increase shareholder final returns by undertaking strategic investments that create asset growth and profitability. Future focus will be on reviewing the consolidated entity's assets and operations to improve the existing property portfolio and generate higher rental income to increase HGL's net worth. Three properties in particular which will be evaluated over 2008 include; the Development Application to expand a leasing area at Rouse Hill, redevelopment of the Essendon site and a change in its tenancy mix, and progressing the master plan for development of the Warnervale site. HGL holds a 6.64 percent interest in New Zealand listed company, Savoy Equities Ltd which extracts compounds principally sourced from waste streams, converts them into specified products and then markets them. The company has announced it is negotiating with parties on a number of waste streams and other opportunities involving its extraction technologies.


Financial Summary
Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2011  A -0.6 -0.2 -111.8 0.0 0.0 0.0 --
2010  A 4.4 1.7 88.9 5.5 0.0 0.0 --
2009  A 2.2 0.9 -- 9.5 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
GPT Group (GPT) $5,719 M -0.5179 0.4475 0.0416 19.6440 13.5708 13.0293 0.0556 0.0583 0.0606
Hudson Investment Group (HGL) $23 M -- -- -- -- -- -- 0.0000 -- --
Mirvac Group (MGR) $4,256 M 0.1382 0.0047 0.0274 11.8121 11.7564 11.4430 0.0659 0.0661 0.0688
Stockland (SGP) $6,993 M 0.0871 -0.0252 0.0318 10.0607 10.3211 10.0032 0.0752 0.0762 0.0769
Westfield (WDC) $20,821 M -0.1885 0.0534 0.0782 14.7145 13.9689 12.9553 0.0534 0.0546 0.0557

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth
HGL 3.00 -- 0.69 --
Market 1.12 11.1 0.96 2.31
Sector 1.27 12.1 0.79 2.39

Directors
Name Position Start Date
Mr John William Farey Chief Executive Officer,Executive Chairman 01 February 2002
Ms Juliana Tan Executive Director 01 September 2007
Mr Peter John Meers Non-Executive Director 11 February 2010

Management
Name Position
Vincent Tan CEO of Hudson Pacific Group Limited.
Francis Choy Chief Financial Officer
David L Hughes Company Secretary
David L Hughes Company Secretary

Substantial Shareholders
Holding Name
81,400,000 (31.57%) Raffles Capital Limited
19,183,362 (7.44%) JT Capital Pty Ltd
29,900,000 (11.60%) Phillip Securities Pty Ltd
21,876,212 (8.49%) Ms Yoke Tow Hong

Calendar of Events
Date Event
29 March 2013 Report (Annual)
22 February 2013 Report (Prelim)
27 August 2012 Report (Interim)
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