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:
Business Description: Sunland Group Limited (SDG) is an Australian based property development and management company with offices established in Brisbane, Gold Coast, Sydney, Melbourne and Dubai. SDG’s businesses are divided into three operations, being Development, Non-Development and Hotel operations.
Strategy Analysis: SDG has two main strategies; to increase geographical diversification and to increase property types offered. The core profit is derived from its Australian development portfolio. However, SDG expects its substantial contributor to future earnings will be derived from the growth in the international development portfolio, in particular the Palazzo Versace global rollout and project services income. Its exclusive partnership with the International House of Versace has House of Versace has delivered a powerful springboard to enter new global markets. Over the past two years, the company has focused on the capital management by way of debt reduction and recycling capital through the expansion of key joint venture relationship in both Australia and Dubai. .
Sunland Group reported NPAT up 17% to $21.42m for the year ended 30 June 2011. Revenues from ordinary activities were $256.11m, up 6% from the same period last year. Basic and Diluted EPS were 9.30 cents compared to 6.40 cents last year. The net operating cash inflow was $43.68m compared to an outflow of $98.16m in the pcp. No dividend was declared.
The Age 3/02/2012 | HIGH-PROFILE director Geoffrey Cousins has called on major shareholders to block Gina Rinehart from gaining a board seat at Fairfax Media.
The Age 3/02/2012 | HIGH-PROFILE director Geoffrey Cousins has called on major shareholders to block Gina Rinehart from gaining a board seat at Fairfax Media.
Sydney Morning Herald 3/02/2012 | THE Telstra director Geoffrey Cousins has called on large shareholders in Fairfax Media to block Gina Rinehart from gaining a board seat.
Sydney Morning Herald 3/02/2012 | The publisher and direct marketer PMP has cut its earnings guidance and implemented further restructuring because of poor trading conditions and weaker printing orders. The news sent shares to a two-year low, down 4?, or 8.3 per cent, at 44?. Print markets in both Australia and New Zealand have suffered with existing customers using the services less, and intense competition for new contracts resulting in lower margins. Earnings before interest and tax, and before significant items, are now ...
Already a member? 
$ 0.720
