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WAM ACTIVE LIMITED (WAA)

WAM ACTIVE LIMITED (WAA)

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General Information
Company Name: WAM Active Limited
Stock Code: WAA
Website: http://www.wamfunds.com.au
GICS Sub-Industry: Other Diversified Financial Services
Market Cap ($M): 17
Equiv. Shares (M): 16

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 1.045 $ 0.000 $ 0.000 $ 0.000 $ 1.045 0 0%

Company Overview

Business Description:
WAM Active Limited (WAA) is an actively managed portfolio of investments, investing predominantly in ASX listed securities with a focus on absolute returns. Investment Objectives of the Company are to preserve capital, provide investors with a positive return, after fees, over most periods of time and deliver investors a regular income stream in the form of fully franked dividends. MAM Pty Limited is an investment manager.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2011  A 1.2 7.5 -45.3 13.8 4.0 3.8 100.0
2010  A 2.1 13.7 234.1 7.2 6.0 6.1 100.0
2009  A 0.6 4.1 583.3 18.7 2.0 2.6 100.0
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) $2,468 M 0.1261 0.0726 0.0820 9.2931 8.6645 8.0079 0.0369 0.0412 0.0443
IOOF (IFL) $1,273 M 0.1448 -0.0745 0.0908 11.5273 12.4550 11.4180 0.0776 0.0759 0.0831
Macquarie Group (MQG) $8,711 M -0.1307 -0.1025 0.2041 9.0576 10.0917 8.3814 0.0744 0.0590 0.0726
Platinum Asset Mgmt (PTM) $1,993 M 0.1281 -0.1577 0.0117 13.4878 16.0126 15.8270 0.0704 0.0563 0.0606
WAM Active (WAA) $17 M -0.4494 -- -- 14.0293 -- -- 0.0379 -- --

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth
WAA 0.26 13.9 0.93 --
Market 1.21 11.1 1.09 1.30
Sector 0.98 11.7 0.85 1.55

Directors
Name Position Start Date
Mr Geoffrey James Wilson Chairman 06 July 2007
Mr Mathew James Kidman Non-Executive Director 06 July 2007
Mr John Bruce Abernethy Non-Executive Director 06 November 2007
Mr Ronald Joseph Walker Non-Executive Director 19 March 2008

Management
Name Position
Katherine Thorley Company Secretary

Substantial Shareholders
Holding Name
2,144,793 (13.30%) Geoffrey James Wilson
1,642,300 (10.20%) Huntingfield Investments Pty Limited
811,744 (5.10%) Clodene Pty Ltd

Calendar of Events
Date Event
28 September 2012 Report (Annual)
31 July 2012 Report (Prelim)
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