South America Iron & Steel Corporation Limited (SAY)

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General Information
Company Name: South America Iron & Steel Corporation Limited
Stock Code: SAY
GICS Sub-Industry: Diversified Metals & Mining
Market Cap ($M): 2
Equiv. Shares (M): 319

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.006 $ 0.000 $ 0.000 $ 0.000 $ 0.006 0 0%

Company Overview

Business Description:
South America Iron & Steel Corporation Limited (SAY) is involved in iron sands and conventional iron ore exploration in Chile, China and Ecuador. SAY has a 15% interest in Ample Success Investment Limited that holds a 75% interest in a mineral Concession in Weishan County, Yunnan, China.

Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014  A -9.8 -3.1 -- 0.0 0.0 0.0 --
2013  A -1.2 -0.4 -- 0.0 0.0 0.0 --
2012  A -1.1 -0.4 -- 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
BHP Billiton (BHP) $105,665 M 0.1223 -0.1576 0.0962 12.3037 14.6060 13.3247 3.90 4.40 4.57
Iluka Resources (ILU) $3,023 M -0.6600 -0.9286 11.1872 23.5409 329.6804 27.0513 1.25 1.92 3.59
Rio Tinto (RIO) $25,405 M 0.5848 -0.2966 0.0924 7.5925 10.7937 9.8809 3.68 4.11 4.40
South America Iron & Steel Corporation (SAY) $2 M -- -- -- -- -- -- 0.00 -- --
Sims Metal Management (SGM) $2,165 M 3.0215 1.0056 0.3250 31.4320 15.6718 11.8278 0.95 2.61 3.96

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
SAY -- -- -2.22 -- 15.0
Market 1.13 13.6 1.00 1.02 3.00
Sector 0.66 11.4 0.75 0.97 2.51

Name Position Start Date
Mr Kenneth Lee Company Secretary,Executive Director,Chief Executive Officer 24 March 2009
Mr Terry Cuthbertson Non-Executive Chairman 18 May 2009
Dr Richard J Haren Non-Executive Director 13 May 2009
Dr Haomin Ning Ning Non-Executive Director 04 April 2011
Mr William Ji Non-Executive Director 27 September 2012

Substantial Shareholders
Holding Name
24,270,868 (7.62%) Citicorp Nominees Pty Limited
39,200,000 (12.30%) Franco Stefano Belli
51,300,000 (16.10%) Superior Grade Investments Ltd
20,000,000 (6.28%) Mr Zi Mu Wang

Calendar of Events
Date Event
30 October 2015 Report (Quarterly)
30 September 2015 Report (Annual)
30 July 2015 Report (Quarterly)
29 April 2015 Report (Quarterly)
29 January 2015 Report (Quarterly)
27 November 2014 AGM
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