2 Mar 2006other▲ Good
Net tangible assets rose to 112.1 cents per share at 28 February 2006. Cash fell to 24% after buying Incitec Pivot and Tattersalls; the top four holdings are almost 50% of funds.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
16 Feb 2006half year report▲ Good
Accounts behind the half-year result: $1.53 million profit after tax, 9.9 cents earnings per share, and net assets of $16.9 million. No interim dividend because of a lack of franking credits; a first dividend is hoped for September 2006.
16 Feb 2006half year report▲ Good
Half-year to 31 December 2005: profit after tax of $1.53 million on revenue of $2.68 million. No interim dividend declared; net tangible assets were about 109 cents per share. First report since incorporation in March 2005.
14 Feb 2006other▲ Good
Monthly update: net tangible assets rose to 109.9 cents per share at 31 January 2006, from 108.5 cents. The portfolio stayed about 63% shares and 37% cash, with Tower still largest at 21%.
9 Jan 2006other● Neutral
Monthly update: Trojan Equity's net tangible assets were 108.5 cents per share at 31 December 2005, with about 63% in shares and 37% cash. Tower is the largest holding at 22%.