Posts Tagged ‘LDW’

Ludowici Ex Dividend On 20/4/2010

Monday, March 29th, 2010

Ludowici Limited (LDW) will go ex dividend on 20/4/2010. The current dividend payment is 6 cents and it is 0% franked. The record date is 27/4/2010 and the dividend will be paid on 7/5/2010. Based on the full year payment the dividend yield is 4.3%.

*Current Yield: 2.1% Franking: 0% DRP Discount: 5%

www.ludowici.com.au

*Yield has been calculated on the closing price on the 26/3/2010. Current yield is based on the current dividend payment only.

Ludowici Share Purchase Plan

Thursday, December 24th, 2009

Ludowici (LDW) announced on the 23/12/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is the 17/12/2009 on which shareholders must own the share to participate in the SPP. The closing date is 26/2/2010. Shares will be issued on 5/3/2010 and begin trading soon after. A maximum of $15,000 can be purchased by each shareholder at $2.65.

Discount : 17.2% Liquidity : Poor Profitability : Good Stability : Ok

www.ludowici.com.au

* Note: Discount is based on the closing price on the 23 December 2009.

For More Share Purchase Plans go to http://blog.mdsfinancial.com.au/category/share-purchase-plans/

To Buy Shares And Participate in Share Purchase Plans use Trader Dealer http://www.traderdealer.com.au/

Ludowici Share Purchase Plan

Thursday, December 24th, 2009

Ludowici  (LDW) announced on the 23/12/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is the 17/12/2009 on which shareholders must own the share to participate in the SPP. The closing date is 26/2/2010.  Shares will be issued on 5/3/2010 and begin trading soon after.  A maximum of  $15,000 can be purchased by each shareholder at $2.65.

Discount : 17.2%  Liquidity : Poor Profitability : Good  Stability : Ok

www.ludowici.com.au

* Note: Discount is based on the closing price on the 23 December 2009.

Ludowici Acquires Johnson Screens Mining Division

Thursday, December 24th, 2009

Ludowici Limited (LDW) today announced that it has agreed to acquire the Mining Division (JS Mining) of Johnson Screens globally (except Africa) for US$27.7m ($31.3m based on an exchange rate of A$/US$0.8850). JS Mining is a leading player in the mineral processing consumables market, supplying a complementary range of screening and separation products to the mining and quarrying industry in Australia, North and South America and India. The acquisition is expected to be completed on 31 December 2009. The consideration payable to Johnson Screens for the business comprises $18.5m in cash and the issue of 2.5m shares in Ludowici at $3.00 per share (Johnson Screens Issue). Johnson Screens will also retain $5.3m of net debtors and creditors. The cash component will be funded by a placement to institutions (Institutional Placement) and a Share Purchase Plan (SPP) to shareholders, raising $9.3m, with the balance to be funded by debt.

Ludowici’s Chairman, Phil Arnall said “The acquisition is an excellent addition to Ludowici’s existing product offering, optimising the Company’s mix of consumable and capital products, and will allow Ludowici to take advantage of its existing global footprint and sales infrastructure. This is also the first time that Ludowici has undertaken a significant share placement to new investors and we welcome the new shareholders to the company as we look forward to driving growth in Ludowici.”

JS Mining designs, manufactures and markets screening products (stainless steel, polyurethane, rubber and woven wire) and wear liners (chute, SAG, ball and impact mills). The business operates in the same geographic markets as Ludowici and has a complementary product suite and customer base. JS Mining has forecast 2010 revenue of circa $52m, EBIT of circa $6m and employs 185 personnel.

www.ludowici.com.au

Ludowici Ex Dividend On 9/9/2009

Monday, September 7th, 2009

Ludowici Limited (LDW) will go ex dividend on 9/9/2009. The current dividend payment is 6 cents and it is 0% franked. The record date is 15/9/2009 and the dividend will be paid on 25/9/2009. Based on the full year payment the dividend yield is 3.9%.

Current Yield: 2.9% Franking: 0% DRP Discount: 5%

www.ludowici.com.au

*Yield has been calculated on the closing price on the 4/9/2009. Current yield is based on the current dividend payment only.

Lodowici Wins $19 million Mineral Processing Contract

Monday, May 4th, 2009

Ludowici  Limited  (LDW)  today  announced  it  had  won  contracts  amounting  to  AUD$19million  to  supply  mineral  processing  equipment  for  two  new  coal  handling  plants  as  part  of  a major expansion of  the Shanxi Coking Coal Group  in China. 

Patrick  Largier,  Chief  Executive  Officer  of  Ludowici  said  that  the  company  has  been  working closely with  John Finlay Engineering  Pty Ltd,  a leading provider of mineral processing solutions to the global resources industry, to win this project.

The  contracts  will  be  delivered  progressively  over  the  second  half  of  2009  and  the  first  half  of 2010. Mr  Largier  said  that  this  contract  further  demonstrates  the  high  international  regard  held  for Ludowici  minerals  processing  equipment.    

Ludowici’s strategic objective is to become a  leading  supplier  of   separation  and  wear  resistant  technology  and  services  to  the  global mineral processing industry. To meet this  challenge Ludowici has  em phasized a  clear business strategy  of  development  and ownership  of world class technology as the  essential  backbone of it s  business,  supported  by  outstanding  service  to  its  customers. 

www.ludowici.com.au