Blackgold International Holdings Limited (BGG)



Welcome to InvestSMART

You are currently viewing our site as a guest, which gives you limited access to our site features. By signing up for a free membership, you will receive our Investment Opportunity newsletters and have access to additional features for finding and comparing managed funds and shares. Registration is fast and simple, so please:

Sign Up Today Ľ it's FREE! Already a member? Login now!


General Information
Company Name: Blackgold International Holdings Limited
Stock Code: BGG
Website: www.blackgoldglobal.net
GICS Sub-Industry: Diversified Metals & Mining
Market Cap ($M): 53
Equiv. Shares (M): 888

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.060 $ 0.000 $ 0.000 $ 0.000 $ 0.060 0 0%

Company Overview

Business Description:
Blackgold International Holdings Limited (BGG) is incorporated under the laws of Australia and listed on the Australian Securities Exchange. BGG sells thermal coal produced from its coal mines and sourced from other coal producer. Currently, BGG operates in two main divisions which are the mining of coal and the trading of coal.

Strategy Analysis:
BGG aims to acquire other viable coal mines in the vicinity of its existing mines as well as become a fully integrated coal producer and supplier. The company also aims to expand the scale and scope of the Group's coal trading business to include the importation of coal for sale in China from other coal producing countries such as Indonesia and Australia.


Financial Summary
Year to Oct NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2013  A 50.1 5.6 24.7 3.0 0.0 0.0 --
2012  A 40.2 4.5 64.0 4.6 0.0 0.0 --
2011  A 22.9 2.7 -- 6.8 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2011 A 2012 F 2013 F 2011 A 2012 F 2013 F 2011 A 2012 F 2013 F
Blackgold International Holdings (BGG) $53 M 0.2466 -- -- 1.0791 -- -- 0.00 -- --
BHP Billiton (BHP) $88,354 M 0.1223 -0.2311 -0.0180 10.2880 13.3797 13.6256 4.67 5.32 5.51
Iluka Resources (ILU) $2,387 M -0.6600 -0.9292 13.2765 18.5849 262.6728 18.3990 1.58 2.45 4.63
Rio Tinto (RIO) $23,261 M 0.5848 -0.2921 -0.3182 6.9518 9.8204 14.4037 4.02 4.68 4.82
Sims Metal Management (SGM) $2,233 M 3.0215 1.0065 0.3243 32.4124 16.1534 12.1981 0.92 2.53 3.84

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
BGG 0.20 1.08 0.29 -- 0.20
Market 1.02 13.7 0.95 1.00 2.85
Sector 0.61 11.3 0.67 1.25 2.37

Directors
Name Position Start Date
Mr Yu Guo Peng Chief Executive Officer,Executive Director 02 September 2010
Mr Jun Ou Executive Director 07 July 2011
Mr Chi (James) Ho Tong Non-Executive Chairman 08 July 2010
Professor GuangFu Yang Non-Executive Director 07 July 2011
Ms Sophia Huang Wei-Her Non-Executive Director 04 February 2013
Mr John Wu ZhongHan Non-Executive Director 04 February 2013

Management
Name Position
Simon Morrison Company Secretary

Substantial Shareholders
Holding Name
544,500,000 (61.32%) Lucky Magic Enterprises Limited
51,050,000 (5.75%) Prima Network Financial Group Limited
90,696,835 (10.17%) Khua Kian Keong
49,790,318 (5.61%) Singapore Enterprises Private Ltd

Calendar of Events
Date Event
27 November 2015 Report (Quarterly)
28 August 2015 Report (Quarterly)
29 June 2015 Report (Interim)
29 May 2015 Report (Quarterly)
27 February 2015 Report (Quarterly)
30 January 2015 Report (Annual)
29 December 2014 Report (Prelim)
© 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.

Advertisement

Trade Shares Online from $19.95^
Free Guides

The SMH Guide to Powers of Attorney

Handing over, what if you need someone else to make decisions for you? There are times in your life when you can't fulfil your financial obligations personally.

More details...

News

Aussie Investors take their foot off the accelerator

By Betty Lam (Sales Trader, CMC Markets) 18/12/2014 | Lead by the Fed-fervour offshore, Australians shares jumped on the Yellen cheer wagon. The material and energy stocks were back in vogue as both sectors gained over 3% in morning trade.

Fed Feeds Frenzy

By Michael McCarthy (chief market strategist, CMC Markets) 18/12/2014 | In spite of a frenzied pre-mortem, a benign statement from the US Federal Reserve‚Äôs Open Market Committee and steadying commodity markets drove investors back into share markets overnight. A calmer, stronger ruble helped offset European growth fears, highlighted in the overnight session by further declines in inflation.

Household brands Woolworths and Telstra Heavy Lifting

By Betty Lam (Sales Trader, CMC Markets) 11/12/2014 | Offshore jitters sent ripples through to Australian stocks. The open saw the local equities take 65 points off the index, catalysed by a mass-exit in energy stocks, yet again.

Steady open as Woodside investors wait on details of possible Wheatstone acquisition

By Ric Spooner (Chief Market Analyst, CMC Markets) 10/12/2014 | Yesterday‚Äôs news on Greek politics and China‚Äôs bond market came at a time when US and European stock markets have extended rallies and pushed valuations higher. This makes those markets vulnerable to downward corrections as profit takers act to avoid missing out.

MYEFO and Lima - December could be nasty.

BR Securities Australia Pty Ltd 2/12/2014 | December 2014 could go down as a nasty moment in Australian finance. MYEFO will reveal a deteriorating budget deficit and the UNFCCC meeting in Lima, Peru will provide the agreement, to be ratified in Paris in 2015, on how much (or little) CO2 is to be allowed into the atmosphere from 2020.

Australian Share Market - Close Up

CMC Markets 11/11/2014 | The Australian share market is in a decision zone - and trading from here may set the direction for the rest of the year.

More...


Sponsored Links