Amex Resources Limited (AXZ)

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General Information
Company Name: Amex Resources Limited
Stock Code: AXZ
GICS Sub-Industry: Steel
Market Cap ($M): 77
Equiv. Shares (M): 92

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.800 $ 0.800 $ 0.800 $ 0.800 $ 0.830 10,200 $ -0.030  -3.614 %

Company Overview

Business Description:
Amex Resources Limited (AXZ) is an iron ore focused mineral resources development company. AXZ core focus is on the Mba Delta Ironsand project in Fiji. AXZ is also building an iron ore project portfolio in Western Australia.

Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014  A -13.8 -17.1 -- 0.0 0.0 0.0 --
2013  A -3.5 -4.5 -- 0.0 0.0 0.0 --
2012  A -1.0 -1.4 -- 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F
Arrium (ARI) $734 M -0.6786 -0.8988 0.4752 1.0456 10.3306 7.0028 31.28 0.00 4.00
Amex Resources (AXZ) $78 M -- -- -- -- -- -- 0.00 -- --
BlueScope Steel (BSL) $2,673 M -- 1.7166 0.4388 43.6929 16.0834 11.1787 0.00 1.05 2.51
Fortescue Metals (FMG) $8,750 M 0.7497 -0.6757 -0.0850 3.0131 9.2923 10.1554 7.56 3.72 3.54
Independence Group (IGO) $996 M 0.9316 1.0688 0.0916 21.4863 10.3861 9.5142 1.88 3.51 3.50

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
AXZ -- -- 4.59 -- --
Market 1.13 13.6 1.00 1.02 3.01
Sector 0.66 12.2 0.75 0.98 2.52

Name Position Start Date
Mr Matthew John Collard Managing Director 03 November 2005
Hon Richard Alston Non-Executive Chairman,Non-Executive Director 05 August 2014
Mr Alan Ainsley Senior Non-Executive Director 01 July 2012

Name Position
James Gary Dunlop Company Secretary
C Ure General Manager
G Crockford General Manager - Fiji

Substantial Shareholders
Holding Name
10,000,000 (11.15%) Perfect Done Ltd
7,545,940 (8.42%) Ross James Arancini
13,344,041 (14.89%) Kenny Zhang
4,827,525 (5.39%) Dirki Pty Ltd
5,500,000 (6.14%) Qiu Yibo
9,000,000 (10.04%) Speedy Focus Inv Ltd

Calendar of Events
Date Event
30 October 2015 Report (Quarterly)
26 October 2015 Report (Annual)
25 September 2015 Report (Annual)
30 July 2015 Report (Quarterly)
29 April 2015 Report (Quarterly)
30 January 2015 Report (Quarterly)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at


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