WINMAR RESOURCES LIMITED (WFE)



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General Information
Company Name: Winmar Resources Limited
Stock Code: WFE
Website: www.winmarresources.com.au
GICS Sub-Industry: Steel
Market Cap ($M): 3
Equiv. Shares (M): 96

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.030 $ 0.000 $ 0.000 $ 0.000 $ 0.030 0 0%

Company Overview

Business Description:
Winmar Resources Limited (WFE) is an Australian based mineral exploration company. The core project, Hamersley Iron project- is an advanced exploration asset with development potential. The project location is adjacent to major operating mines & infrastructure.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A -0.9 -1.1 -- 0.0 0.0 0.0 --
2011  A -1.6 -3.2 -- 0.0 0.0 0.0 --
2010  A -0.3 -1.6 -- -- 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
Arrium (ARI) $1,010 M 0.8085 -0.4024 0.4538 3.6077 6.0373 4.1527 0.0805 0.0644 0.0789
BlueScope Steel (BSL) $2,473 M -- -- 5.7815 -- 124.0896 18.2982 0.0000 0.0000 0.0147
Fortescue Metals (FMG) $10,276 M -0.1939 0.1115 0.5204 7.4644 6.7155 4.4171 0.0242 0.0165 0.0187
Independence Group (IGO) $699 M 1.1920 -0.7108 1.0573 7.5320 26.0417 12.6582 0.0100 0.0067 0.0194
Winmar Resources (WFE) $3 M -- -- -- -- -- -- 0.0000 -- --

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
WFE -- -- 0.31 -- --
Market 0.94 12.5 0.82 1.96 2.44
Sector 0.54 8.13 0.58 2.01 6.08

Directors
Name Position Start Date
Mr Albert Yue Ling Wong Non-Executive Chairman,Non-Executive Director 29 May 2009
Mr David Nolan Non-Executive Director 03 January 2013
Mr Alexandre Alexander Non-Executive Director 19 July 2011
Mr Noel Halgreen Non-Executive Director 03 January 2013

Management
Name Position
Carolyn Ann Patman Company Secretary
Charles Yan Sales and Marketing Director

Substantial Shareholders
Holding Name
21,500,000 (23.52%) PXSteel International (Asia) Corporation Ltd

Calendar of Events
Date Event
29 April 2014 Report (Quarterly)
24 January 2014 Report (Quarterly)
30 October 2013 Report (Quarterly)
20 September 2013 Report (Annual)
23 July 2013 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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