Feore Limited (FEO)



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General Information
Company Name: Feore Limited
Stock Code: FEO
Website: www.feore.com
GICS Sub-Industry: Steel
Market Cap ($M): 3
Equiv. Shares (M): 112

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.025 $ 0.025 $ 0.025 $ 0.025 $ 0.025 26,000 0%

Company Overview

Business Description:
FeOre Limited (FEO) is a Bermuda domiciled mining company focusing on iron ore exploration and mine development in Mongolia. FEO's flagship project is the Ereeny Project, located in iron ore deposits in Mongolia.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014  A -1.5 -0.3 -- 0.0 0.0 0.0 --
2013  A -4.3 -0.8 -- 0.0 0.0 0.0 --
2012  A -5.1 -1.2 -- 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) $999 M -0.6786 -0.8988 0.7107 1.4220 14.0496 8.2126 23.00 0.00 2.94
BlueScope Steel (BSL) $2,757 M -- 1.8007 0.4047 45.0640 16.0901 11.4545 0.00 0.91 2.43
Feore (FEO) $3 M -- -- -- -- -- -- 0.00 -- --
Fortescue Metals (FMG) $11,054 M 0.7497 -0.6205 0.1314 3.8066 10.0311 8.8661 5.98 3.91 5.06
Independence Group (IGO) $1,024 M 1.6367 0.7441 0.0321 16.1852 9.2801 8.9918 1.83 2.79 3.04

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
FEO -- -- 0.23 -- --
Market 1.10 13.8 1.02 1.04 3.00
Sector 0.70 11.4 0.82 0.95 2.90

Directors
Name Position Start Date
Dr Louis Yang Chief Executive Officer,Executive Director 09 July 2014
Mr Harry King Non-Executive Chairman,Non-Executive Director 09 July 2014
Mr Steven Hodgson Non-Executive Director 05 August 2013
Mr He Chuan Non-Executive Director 01 June 2014

Management
Name Position
Oyunbold Boldbaatar Deputy Manager of General Affairs Department of Taisheng Development LLC
Erdene-Undrakh Luuvannchig Head of Finance Department of Taisheng Development LLC
Dion Cohen Joint Company Secretary

Substantial Shareholders
Holding Name
28,880,415 (5.46%) Merchant Holdings Pty Ltd
28,065,960 (5.30%) Kennewick Business Limited
28,065,960 (5.30%) Jumilia Ltd
31,574,205 (5.97%) Craddock Worldwide Company Ltd
31,293,546 (5.91%) Colfax Tradecorp Ltd
31,574,205 (5.97%) Colville Management Ltd
34,380,801 (6.50%) Frountere Ltd

Calendar of Events
Date Event
28 September 2015 Report (Annual)
30 July 2015 Report (Quarterly)
22 April 2015 Report (Quarterly)
18 February 2015 Report (Quarterly)
27 January 2015 Report (Quarterly)
29 October 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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