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Thursday, 29 October 2015

Platinum Capital AGM

Held at the Radisson Blu Plaza Hotel on Thursday 29th October,with a room full of mature investors awaiting the words of our guru Kerr Nielson.They were not dissappointed with a sucessful year,the company made a statutory pre-tax operating profit of $63.5 million and a post-tax operating profit of $44.8 million.This represents a 35.71%increase in pretax operating profit and a 36.31% in post tax profit from the prior year. A fully franked dividend of 6cents will be paid for the year ended 30th June 2015 making 11 cents for the full year. Investors funds are now invested in Infrastructure 9%,Consumer 10% ,Health 10%,New commerce 22%,Cisco & China mobiles 10%,Classified verticals Google,tencent China 32%.All business items were passed.Staff and investors shared discussion over coffee and biscuits.You can be confident your money is working well un the care of Platinum (c)copyright T. Williams

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