MGM WIRELESS LIMITED (MWR)



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General Information
Company Name: MGM Wireless Ltd
Stock Code: MWR
Website: www.mgmwireless.com
GICS Sub-Industry: IT Consulting & Other Services
Market Cap ($M): 7
Equiv. Shares (M): 8

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.860 $ 0.000 $ 0.000 $ 0.000 $ 0.860 0 0%

Company Overview

Business Description:
MGM Wireless Ltd (MWR) is an Australian company which owns patented SMS School communication solutions empowering schools to effectively communicate to parents and caregivers using SMS text messaging to improve student attendance, welfare, safety and parent engagement. This technology solution is currently used in schools in Australia, New Zealand and USA.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A 0.6 7.5 127.3 3.7 0.0 0.0 --
2011  A 0.3 3.3 17.9 7.4 0.0 0.0 --
2010  A 0.2 2.8 -- 14.6 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
Computershare (CPU) $5,657 M -0.2004 0.2672 0.0675 24.6545 19.4567 18.2258 0.0275 0.0297 0.0340
CSG (CSV) $253 M -0.9035 -0.7985 0.2836 3.3346 16.5455 12.8895 0.2473 0.0300 0.0340
IRESS (IRE) $1,015 M -0.0671 0.1536 0.1163 25.9539 22.4979 20.1533 0.0482 0.0449 0.0476
MGM Wireless (MWR) $8 M 1.2710 -- -- 12.9973 -- -- 0.0000 -- --
UXC (UXC) $307 M 0.5961 0.0168 0.1983 13.9356 13.7052 11.4368 0.0553 0.0528 0.0597

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
MWR 0.20 11.4 5.43 -- 2.64
Market 0.94 12.3 0.82 1.92 2.44
Sector 0.90 15.7 2.18 1.59 1.57

Directors
Name Position Start Date
Mr Mark Fortunatow Executive Chairman 03 October 2003
Mr Mark Hurd Executive Director 03 October 2003
Mr Shaun Collopy Non-Executive Director 15 July 2009

Management
Name Position
Justin Nelson Company Secretary

Substantial Shareholders
Holding Name
831,708 (10.41%) M/S Paula Fortunatow <Fortunatow Family A/C>

Calendar of Events
Date Event
10 February 2014 Report (Interim)
27 September 2013 Report (Annual)
19 August 2013 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.

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