Blackgold International Holdings Limited (BGG)



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General Information
Company Name: Blackgold International Holdings Limited
Stock Code: BGG
Website: www.blackgoldglobal.net
GICS Sub-Industry: Diversified Metals & Mining
Market Cap ($M): 93
Equiv. Shares (M): 888

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.105 $ 0.091 $ 0.105 $ 0.091 $ 0.100 80,112 $ 0.005  4.1000 %

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 24.4 3.0 0.0 0.0 --
2012  A 40.2 4.5 66.7 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) $89 M 0.2466 -- -- 1.7986 -- -- 0.0000 -- --
BHP Billiton (BHP) $124,228 M -0.2435 0.1494 -0.0356 16.2357 14.1250 14.6460 0.0323 0.0329 0.0347
Iluka Resources (ILU) $3,697 M -0.6600 -0.9002 12.5000 28.7903 288.5621 21.3750 0.0102 0.0162 0.0193
Rio Tinto (RIO) $28,926 M 0.5848 -0.3363 0.1134 8.6448 13.0244 11.6979 0.0323 0.0338 0.0359
Sims Metal Management (SGM) $2,441 M -0.7514 4.5317 0.6946 142.5329 25.7667 15.2052 0.0000 0.0000 0.0192

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
BGG 0.20 1.89 0.51 -- 0.35
Market 1.20 14.2 0.99 1.03 3.46
Sector 0.83 12.9 0.68 1.62 5.13

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
Luke Martino 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
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)
27 November 2014 Report (Quarterly)
28 August 2014 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 www.morningstar.com.au/fsg.asp.

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