Pacific Rim - sehr gute Zahlen - 500 Beiträge pro Seite

[weitweg]

PCR hat gute Zahlen vorgelegt, nach einem Verlust im Vorjahr (-654.999 AUD) jetzt ein Vorsteuerewinn von 743.433 AUD.

Das wichtigste: Die übernommenen Firmen haben, obwohl sie nur 10 Wochen dazugehörten, bereits 363.379 AUD zum Jahresergebnis beigetragen. Dieser Beitrag wird in Zukunft wohl explosiv wachsen.

Die langfristigen Aussichten sind also sehr gut. Der Kurs fällt dennoch.

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PACIFIC RIM INVESTMENT CORPORATION LIMITED (PCR)
(Company background)
Preliminary Final Report & Media Release
Announced on 2000/09/14 09:51:19.
Part:A 394 words
Status: Market sensitive (Y)
Industry Sub Group: Equity Investor (192)



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PACIFIC RIM INVESTMENT CORPORATION LIMIT 2000-09-14 ASX-SIGNAL-G

HOMEX - Melbourne

+++++++++++++++++++++++++
Pacific Rim`s change of focus from an investment company to a
distributor of financial services is proving successful.

Pacific Rim today reported earnings before interest, tax and
amortisation (EBITA) of $743,433 for the financial year ended 30th
June 2000, a significant improvement on its loss of $654,999 in 1999.

The financial services arm of the Group consisting of Money Planners
Australia, the Mawson Group and Deakin Financial Planning contributed
$363,379 to this result in the 10 weeks since acquisition by Pacific
Rim on 15th April 2000.

Pacific Rim`s Managing Director, Mr Garry Crole said today that he
was very pleased with the success of the company`s change in
direction over recent months. "We are now directing all our energies
at enhancing and expanding our financial services distribution
operations, to achieve the Company`s strategy of becoming a leading
integrated financial services provider in Australia. The Group has
wound back its former focus on investment and trading activities and
is progressively divesting its residual portfolio" he said.

On July 1, 2000 the company acquired financial services companies
Platinum Group WA and Personal Financial Planners Pty Ltd which are
both producing strong cash flows.

"We will continue with this growth strategy and are planning to make
further acquisitions in the short term in General Insurance Broking,
Finance Broking and to conclude the acquisition of Gillon Securities
in the next few weeks. We have a strong balance sheet with liquid
assets of some $9 million" said Mr Crole.

Today`s strong result is largely due to the underlying performance of
the adviser network, building recurring income from funds under
advice in retail managed funds to in excess of $1 billion including
$100 million in the groups badged master fund product Personal
Choice.

In addition to the positive growth in funds management the group had
exceptional growth in new sales and renewal income of life insurance
products primarily with Colonial, Mercantile Mutual, Tower Life,
Australian Casualty and Life, and Sun Alliance.

Managing Director Garry Crole said the company`s re-positioning as an
integrated financial services provider offering an independent list
of products and services, will enable the company to be at the
forefront in a sector expected to achieve explosive growth in the
next ten years.

For more information please contact

Mr Garry Crole 0411 600 550

MORE TO FOLLOW

[queenfr]

Danke für die schnelle Reaktion. Der Bericht ist doch recht positiv und lässt für die Zukunft hoffen. Da kann ich auch mit aktuell fallenden Kursen leben.