Whitefield Industrials Limited · ASX:WHF
Whitefield Industrials — Shareholder Meeting (August 2020)
15 slides from Whitefield Industrials's shareholder meeting presentation, Aug 6, 2020
Slide 1: Annual General Meeting August 2020
For personal use only ANNUAL GENERAL MEETING August 2020
Slide 2: Introduction
For personal use only Introduction Angus Gluskie Lance Jenkins Mark Beardow Chairman Director Director Jenelle Webster Will Seddon Stuart Madeley Director Director Co. Secretary 2
Slide 3: Instructions for online attendees: Questions
For personal use only Instructions for online attendees: Questions When the Question function is available, the Q&A icon will appear at the top of the app. To send in a question, simply: • click in the ‘Ask a question’ box and type your question; • then press the send arrow. 3
Slide 4: Instructions for online attendees: Voting
For personal use only Instructions for online attendees: Voting (if not already submitted by proxy) NB If you have already voted by proxy you will not need to submit a vote online, as your proxy vote has already been submitted. However, for those still needing to vote: When the poll is open, the vot
Slide 5: Whitefield's approach to investing
_Whitefield’s approach to investing For personal use only Angus Gluskie Chairman Industrials Quantitative Unbiased Index Plus Industrial businesses have historically We utilize large volumes of data to Our strategy is to invest in a wide range We utilize an enhanced index portfolio provided higher r
Slide 6: There are no miracles in investment
For personal use only _There are no miracles in investment. FY21 is likely to be one of the more difficult years. 6
Slide 7: 2020 Financial Year
For personal use only _2020 Financial Year 7
Slide 8: 2020 Results: Earnings
_2020 Results: Earnings For personal use only Angus Gluskie Chairman Earnings Per Share [cents] 18.46 17.79 17.76 16.92 16.6 FY16 FY17 FY18 FY19 FY20 _EPS (3.7%) 1 • Distribution growth across the majority of investments • However we saw cuts to AMP, Westpac and NAB distributions within the year as
Slide 9: 2020 Results: Dividends
_2020 Results: Dividends For personal use only Angus Gluskie Chairman Long Term Earnings & Dividends Per Share Dividends Per ORD Share EPS 19.75 20.50 DPS 17.00 17.00 17.75 FY16 FY17 FY18 FY19 FY20 _Dividends _31st Consecutive Year in which dividends have been maintained or increased WHF Ordinary :
Slide 10: 2020 Results: Investment Performance
_2020 Results: Investment Performance For personal use only Angus Gluskie Chairman Investment Portfolio Outperformance PA Returns to 31 Mar 2020 1 Yr 3 Yr pa 5 Yr pa 10 Yr pa 20 Yr pa 3.15% Before Tax Returns Whitefield Portfolio (8.88%) (0.64%) 1.25% 6.66% 7.42% S&P/ASX 200 Industrials Accumulation
Slide 11: 2021 Outlook
For personal use only _2021 Outlook 11
Slide 12: 2021 A complex environment
For personal use only _2021 A complex environment Angus Gluskie Chairman Health risk may remain high for an extended period The market overall is not cheap. COVID defensives and With <20m reported cases of highly contagious and unpredictable COVID19 in a global population of recovery candidates are
Slide 13: 2021 Outlook: Earnings & Dividends
For personal use only _2021 Outlook: Earnings & Dividends CHANGE IN CONSENSUS EXPECTATIONS FOR ASX200 INDUSTRIALS Will Seddon SINCE FEB 20 Director 0.00% (10.00%) _Earnings (20.00%) With dividend cuts and deferrals widespread amongst many listed entities dividends and distributions from the ASX200 w
Slide 14: 2021 Outlook: Positioned defensively
For personal use only _2021 Outlook: Positioned defensively Will Seddon Director Sectoral Exposures Mar 20 Sectoral Exposures June 20 Sectoral Score Assessments June 20 Infrastructure Infrastructure Infrastructure ConsumerDiscretionary ConsumerDiscretionary ConsumerDiscretionary PropertyInvestment P
Slide 15: 2021 Outlook: Conditions abnormal but business as usual for Whitefield
_2021 Outlook: Conditions abnormal but business as usual For personal use only for Whitefield How WHF’s current quant factors perform in difficult market conditions * Will Seddon Director Global Financial Crisis (2007-2009) China-US Trade War (2018) 1.60 1.05 Whitefield’s strategy is highly systemat
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