NARHEX LIFE SCIENCES LIMITED (NLS)



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General Information
Company Name: Narhex Life Sciences Limited
Stock Code: NLS
Website: www.narhex.com
GICS Sub-Industry: Biotechnology
Market Cap ($M): 2
Equiv. Shares (M): 430

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.004 $ 0.000 $ 0.000 $ 0.000 $ 0.004 0 0%

Company Overview

Business Description:
Narhex Life Sciences Limited (NLS) is an Australian biotechnology company with principal activities involving in the development, manufacture and marketing of HIV related diagnostics and therapeutic products of NLS’ Intellectual Property. The Company’s lead drug development is the anti-HIV protease inhibitor DG-17, a water-soluble pro-drug of the active anti-HIV drug DG-35. In 2010, NLS entered into the Deed of Company Arrangement.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A -0.8 -0.2 -- 0.0 0.0 0.0 --
2011  A -0.5 -0.2 -300.0 0.0 0.0 0.0 --
2010  A 0.2 0.1 -- 14.5 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
CSL (CSL) $30,453 M 0.0878 0.3215 0.1438 32.6608 24.7155 21.6080 0.0135 0.0170 0.0192
Mesoblast (MSB) $1,716 M -- -- -- -- -- -- 0.0000 0.0000 0.0000
Narhex Life Sciences (NLS) $2 M -- -- -- -- -- -- 0.0000 -- --
Starpharma (SPL) $237 M -- -- -- -- -- -- 0.0000 0.0000 0.0000
Sirtex Medical (SRX) $606 M 0.4803 0.9043 0.3573 35.9603 18.8837 13.9124 0.0092 0.0176 0.0235

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
NLS -- -- 1.60 -- --
Market 1.13 13.2 0.92 2.50 2.58
Sector 0.65 21.3 2.39 0.55 6.49

Directors
Name Position Start Date
Mr Adam James Sierakowski Alternate Director 16 May 2013
Mr Peter James Christie Non-Executive Chairman 13 January 2011
Mr Simon Richard Lill Non-Executive Director 13 January 2011
Mr David S Mandel Non-Executive Director 17 May 2010
Mr Cyril D'Silva Non-Executive Director 16 May 2013

Management
Name Position
Nicki Farley Company Secretary

Substantial Shareholders
Holding Name
30,000,000 (6.97%) Mark John Bahen & Margaret Patricia Bahen
47,709,313 (11.09%) Jason Peterson
40,000,000 (9.30%) Narhex Life Sciences Developments Ltd

Calendar of Events
Date Event
27 February 2014 Report (Interim)
27 September 2013 Report (Annual)
30 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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