k2 asset management holdings (KAM:ASX)
k2 asset management holdings (KAM) Snapshot
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Open
A$0.58
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Previous Close
A$0.56
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Day High
A$0.58
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Day Low
A$0.56
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52 Week High
03/13/13 - A$0.78
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52 Week Low
06/27/12 - A$0.24
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Market Cap
130.7M
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Average Volume 10 Days
319.6K
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EPS TTM
A$0.0037
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Shares Outstanding
233.5M
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EX-Date
02/11/13
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P/E TM
151.4x
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Dividend
A$0.03
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Dividend Yield
5.10%
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K2 Asset Management Holdings Ltd. is a privately owned investment manager. The firm provides its services to retail, wholesale and institutional investors. It manages equity mutual funds for its clients. The firm invests in the public equity markets across the globe. K2 employs a top-down approach along with bottom-up stock picking approach. K2 Asset Management Holdings was founded in July 1999 and is based in Melbourne, Australia.
k2 asset management holdings (KAM) Top Compensated Officers
k2 asset management holdings (KAM) Key Developments
K2 Asset Management Holdings Ltd. reported unaudited consolidated earnings results for the half year ended December 31, 2012. For the period, the company's revenue was AUD 12,315,055 compared with AUD 7,216,479 a year ago. Revenue increased from the prior comparative period due to performance fees being payable by the K2 Funds to K2 Asset Management Ltd. in its capacity as investment manager. Profit before income tax was AUD 6,630,233 compared with AUD 3,040,304 a year ago. Total comprehensive income for the year was AUD 4,645,524 or 1.99 cents per basic and diluted share compared with AUD 2,102,056 or 0.90 cents per basic and diluted share a year ago. Net cash used in operating activities was AUD 121,754 compared with AUD 1,402,949 a year ago. Payment for plant and equipment was AUD 4,743 compared with AUD 34,569 a year ago. As on December 31, 2012, the company's net tangible asset backing per ordinary security was AUD 0.05. The company announced interim dividend of 1.00 cent per share for the half year ended December 31, 2012. The dividend will be payable on February 21, 2013 with the record date of February 15, 2013.
K2 Asset Management Holdings Ltd announced that they will report first half, 2013 results on Feb 07, 2013
K2 Asset Management Holdings Ltd, Annual General Meeting, Nov 28, 2012., at 09:00 AUS Eastern Standard Time. Location: Level 32. Agenda: To receive and consider the financial report of the company and the reports of the directors and auditor for the year ended 30 June 2012; to adopt the remuneration report for the year ended 30 June 2012; and to consider re-election of Ms. Hollie Wight as a director.
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| KAM:AU | A$0.56 AUD | 0.00 | |
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Industry Analysis
KAM
Industry Average
| Valuation | KAM | Industry Range |
| Price/Earnings | 100.0x |
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| Price/Sales | 6.3x |
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| Price/Book | 9.2x |
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| Price/Cash Flow | 130.0x |
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| TEV/Sales | 5.8x |
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To contact K2 ASSET MANAGEMENT HOLDINGS, please visit www.k2am.com.au. Company data is provided by Capital IQ. Please use this form to report any data issues.
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