AUDIO PIXELS HOLDINGS LIMITED (AKP)



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General Information
Company Name: Audio Pixel Holdings Limited
Stock Code: AKP
Website: www.audiopixels.com.au
GICS Sub-Industry: Consumer Electronics
Market Cap ($M): 80
Equiv. Shares (M): 26

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 3.100 $ 3.100 $ 3.100 $ 3.100 $ 3.000 2,317 $ 0.100  3.333 %

Company Overview

Business Description:
Audio Pixel Holdings Limited (AKP, formerly Global Properties Limited) is engaged in the development of digital speakers through its 100% ownership in Audio Pixels Limited of Israel. AKP also hold interests in commercial property sector in Sydney, Australia.


Financial Summary
Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A -2.5 -10.7 -- 0.0 0.0 0.0 --
2011  A -2.9 -12.8 -- 0.0 0.0 0.0 --
2010  A -0.3 -1.8 -- 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2010 A 2011 F 2012 F 2010 A 2011 F 2012 F 2010 A 2011 F 2012 F
Audio Pixel Holdings (AKP) $77 M -- -- -- -- -- -- 0.0000 -- --

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
AKP -- -- 8.15 -- 543.9
Market 1.11 13.3 0.91 2.51 2.66
Sector 0.63 12.1 1.08 10.00 0.58

Directors
Name Position Start Date
Mr Frederick (Fred) Bart Chief Executive Officer,Executive Chairman 05 September 2000
Mr Ian Alistair Dennis Company Secretary,Non-Executive Director 05 September 2000
Ms Cheryl Sarah Bart Non-Executive Director 26 November 2001

Management
Name Position
Shay Kaplan Chief Scientist
Yuval Cohen Chief Technical Officer

Substantial Shareholders
Holding Name
5,291,250 (21.65%) Fred Bart

Calendar of Events
Date Event
17 March 2014 Report (Annual)
21 February 2014 Report (Prelim)
12 August 2013 Report (Interim)
© 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 www.morningstar.com.au/fsg.asp.

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