www.investsmart.com.au

Search
Imdex Limited (IMD)

Imdex Limited (IMD)

  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: Imdex Limited
Stock Code: IMD
Website: www.imdex.com.au
Market Cap ($M): 158
Equiv. Shares (M): 194

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
  $ 0.810 $ 0.790 $ 0.810 $ 0.790 $ 0.790 364,165 $ 0.020  2.532 %

Current Broker Consensus Recommendation more
Recommendation : Hold
Recommendation Date : 18th Jun 2010
12 Month Target Price (average) : $0.89
Brokers Surveyed : 1

Market Statistics
% of Market: 0.0120
% of Sector: 0.0439
Sector: Materials
Industry Group: Materials
Industry: Metals & Mining

Company Overview
Company Overview
Imdex Limited (IMD) is a Perth-based company that provides drilling products and technical services to the mining industry in Australia and overseas. IMD provides drilling fluids, chemicals, tools and equipment as well as geophysical logging, surveying and steering services.
Company History
Imdex Limited listed on the ASX in December 2004. The company acquired Samchem Drilling Fluids & Chemicals Pty Ltd in August 2005.
Differentiating Factor
Australian Mud Company is a leading supplier of drilling fluids and chemicals in Australia. It holds a dominant position in the Australian mining and water-well market. Furthermore, the company has strong export ties to Africa, Asia and South America.
Major Customers & Competitors
With such a variety of services and products being offered, Imdex Limited has a vast client base in Australia and overseas, servicing more than 20 countries. Clients include major resources companies, including BHP Billiton, Newcrest, Anglogold and Rio Tinto. It competes against other companies offering similar drilling products and technical services.

Financial Summary
Year to n/a
NPAT
Rep $M
NPAT1
Adj $M
EPS
c
EPS chg
%
PER
x
PER rel
All Ords x
PER rel
Sector x
DPS
c
Yield
%
Franking
%
ROE
%
2004 n/a 0.0 n/a n/a 0.0
2005 n/a 0.0 n/a n/a 0.0
2006 121.0 0.0 n/a n/a 0.0
2007 34.7 0.0 n/a n/a 0.0
2008 104.8 0.0 n/a n/a 0.0
2009 -62.0 0.0 0.0 0.0 0.0
1NPAT is normalised by removing non-recurring items and goodwill. All the above statistics are derived from normalised earnings.

Peer Comparison
P/E (x) EPS Change (%) Dividend Yield (%)
Company Code Last Price Mkt Cap 07A 08F 07A 08F 07A 08F
BHP Billiton Limited BHP $40.12 $134,646M 14.0681 15.8000 -13.5200 2.6000 3.1600 2.4000
Rio Tinto RIO $70.61 $42,848M 18.7581 10.4000 -56.0700 70.6000 0.6700 1.4000
OZ Minerals Limited OZL $1.23 $3,839M 21.8115 11.6000 258.2800 96.3000 0.0000 1.6000
Equinox Minerals EQN $5.04 $3,567M 33.2569 12.6000 n/a 205.3000 0.0000 0.0000
Imdex IMD $0.81 $158M 10.3531 n/a -61.9700 n/a 1.5500 n/a

Share Price Returns
3 Months (%) 6 Months (%) 12 Months (%)
IMD 2.5300 29.6000 20.0000
Sector -2.4074 3.2714 10.1507
Market -6.7540 -1.9465 7.4232

Ratio Comparison
Year IMD Sector Market
P/E (x) FY07 0.0 n/a n/a
FY08 0.0 n/a n/a
Yield (%) FY07 0.0 n/a n/a
FY08 0.0 n/a n/a
EV/EBIT (x) FY07 0.0 n/a n/a
FY08 0.0 n/a n/a
EV/EBITDA (x) FY07 0.0 n/a n/a
FY08 0.0 n/a n/a

Directors
Name Position
B W Ridgeway Managing Director
K Dundo Director
R W Kelly Director
M Lemmel Director

Management
Name Position
B W Ridgeway Managing Director

Substantial Shareholders
Name % Holding
Fiberform Vindic Holding AB 13.2200
H H Al-Merry 8.9200
Claes and Birgitta Ericsson 5.4200
Flexit Invest AB 5.1600
Wear Services 5.0000

Calendar of Events
Date Event
15-Oct-2009 AGM Date for Final Year Result
17-Aug-2009 Reporting Date for Final Year Result
24-Mar-2009 Dividend Date Payable for Half Yearly Result (1c 100% franked)
06-Mar-2009 Dividend Record Date for Half Yearly Result (1c 100% franked)
02-Mar-2009 Dividend Ex-Dividend Date for Half Yearly Result (1c 100% franked)


Data supplied by Aegis Equities Research Pty Limited (ACN 085 293 910).
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!

Featured Promotions


News

AWB deal heralds new global grain giant

Sydney Morning Herald 31/07/2010 | GRAINCORP and AWB have agreed on a multibillion-dollar merger so they can compete against larger rivals in the consolidating global agribusiness sector.

Graincorp and AWB in $2bn merger plan

The Age 31/07/2010 | GRAINCORP and AWB have agreed to a multibillion-dollar merger in a bid to compete against larger rivals in an increasingly consolidating global agribusiness sector.

Former monopolist AWB scratches around for a 35% share

The Age 31/07/2010 | The irony is its strength in the Middle East will be a boon to GrainCorp.

For sale: happiness comes with a $40,000 price tag

Sydney Morning Herald 31/07/2010 | I t's official: money doesn't buy you happiness. But financial security certainly seems to play a role in whether you're a glass half full or glass half empty type of person.

Raining results

The Age 31/07/2010 | This reporting season will provide something for everyone, from wary retail investors and professional fund managers to stockbroking analysts, writes Ian McIlwraith.

GOLDEN OLDIES

Sydney Morning Herald 31/07/2010 | Most of us want to make a buck and retire early. But for the golden oldies of business, there's no question of quitting, writes Michael Evans.

More...



Advertisement