A blog about travels, stories, communities, events, protecting the environment, from the heart of Watsons Bay, Sydney, Australia
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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