Recent Insider Transactions • May 28
Non-Executive Chair recently bought AU$71k worth of stock On the 21st of May, John Chan bought around 100k shares on-market at roughly AU$0.71 per share. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was John's only on-market trade for the last 12 months. Upcoming Dividend • Mar 04
Upcoming dividend of AU$0.025 per share Eligible shareholders must have bought the stock before 11 March 2026. Payment date: 10 April 2026. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 5.8%. Lower than top quartile of Australian dividend payers (6.0%). Higher than average of industry peers (4.6%). Recent Insider Transactions • Mar 03
CEO & Executive Director recently bought AU$86k worth of stock On the 27th of February, Ronald Chan bought around 100k shares on-market at roughly AU$0.86 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Ronald's only on-market trade for the last 12 months. New Risk • Jan 14
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (5.1% net profit margin). Announcement • Aug 30
Finbar Group Limited, Annual General Meeting, Oct 15, 2025 Finbar Group Limited, Annual General Meeting, Oct 15, 2025. Location: finbar group limited offices, level 6, 181 adelaide terrace, east perth wa 6004 Australia Reported Earnings • Aug 22
Full year 2025 earnings released: EPS: AU$0.053 (vs AU$0.061 in FY 2024) Full year 2025 results: EPS: AU$0.053 (down from AU$0.061 in FY 2024). Revenue: AU$284.5m (up 46% from FY 2024). Net income: AU$14.4m (down 13% from FY 2024). Profit margin: 5.1% (down from 8.5% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. New Risk • Jun 06
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: AU$1.8m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (6.0% net profit margin). Significant insider selling over the past 3 months (AU$1.8m sold). Recent Insider Transactions • Mar 20
Chief Commercial Officer recently bought AU$74k worth of stock On the 18th of March, Ching Chan Siew bought around 100k shares on-market at roughly AU$0.74 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold AU$7.1m more in shares than they bought in the last 12 months. Reported Earnings • Mar 03
First half 2025 earnings released: EPS: AU$0.034 (vs AU$0.006 in 1H 2024) First half 2025 results: EPS: AU$0.034 (up from AU$0.006 in 1H 2024). Revenue: AU$218.3m (up AU$211.8m from 1H 2024). Net income: AU$9.37m (up AU$7.89m from 1H 2024). Profit margin: 4.3% (down from 23% in 1H 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Feb 27
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to AU$0.73. The fair value is estimated to be AU$0.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.0% over the last 3 years. Earnings per share has declined by 10%. Announcement • Feb 19
Finbar Group Limited Appoints Melissa Chan as an Alternate Director Finbar Group Limited announced the appointment of Ms. Melissa Chan as an alternate director for John Chan, the Executive Chairman. Ms. Chan is a Chartered Accountant with over 25 years of experience, including 18 years in real estate across land acquisitions, development, urban regeneration, and investment in Australia, the United States, and the United Kingdom. She has extensive expertise in financial processes, capital structure optimisation and compliance, and supporting strategic business objectives. She is highly experienced in managing complex real estate projects across multiple asset classes, including multifamily, condominium, office, and retail. Her professional strengths include strategic planning, stakeholder management, financial reporting, and leading high-performing teams. Most recently, she served as a Commercial Director at Lendlease in the United States, where she managed the financial performance of projects across the West Coast, Hawaii, and Central Regions. Previously, Ms. Chan worked at KPMG Australia, where she obtained her Chartered Accountant designation. Ms. Chan is also appointed as a Chief Commercial Officer at Finbar Group Limited. Buy Or Sell Opportunity • Oct 01
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.7% to AU$0.82. The fair value is estimated to be AU$1.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.0% over the last 3 years. Earnings per share has declined by 10%. Announcement • Sep 13
Finbar Group Limited, Annual General Meeting, Oct 16, 2024 Finbar Group Limited, Annual General Meeting, Oct 16, 2024. Location: at finbar group limited offices, level 6, 181 adelaide terrace, east perth wa 6004 Australia Buy Or Sell Opportunity • Sep 11
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at AU$0.84. The fair value is estimated to be AU$1.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.0% over the last 3 years. Earnings per share has declined by 10%. Upcoming Dividend • Sep 04
Upcoming dividend of AU$0.08 per share Eligible shareholders must have bought the stock before 11 September 2024. Payment date: 10 October 2024. Trailing yield: 8.2%. Within top quartile of Australian dividend payers (6.2%). Higher than average of industry peers (2.7%). Recent Insider Transactions • Aug 26
Executive Chairman recently bought AU$96k worth of stock On the 23rd of August, John Chan bought around 100k shares on-market at roughly AU$0.96 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. John has been a buyer over the last 12 months, purchasing a net total of AU$137k worth in shares. Reported Earnings • Aug 22
Full year 2024 earnings released: EPS: AU$0.061 (vs AU$0.012 in FY 2023) Full year 2024 results: EPS: AU$0.061 (up from AU$0.012 in FY 2023). Revenue: AU$194.3m (up 472% from FY 2023). Net income: AU$16.6m (up 430% from FY 2023). Profit margin: 8.5% (down from 9.2% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Aug 21
Finbar Group Limited Announces Ordinary Fully Franked Dividend for the Twelve Months Ended June 30, 2024, Payable on October 10, 2024 Finbar Group Limited announced ordinary fully franked dividend of AUD 0.08000000 for the twelve months ended June 30, 2024. Record Date is September 12, 2024. Ex Date is September 11, 2024. Payment Date is October 10, 2024. Announcement • Dec 07
Finbar Group Limited Ordinary Shares to Be Deleted from OTC Equity Finbar Group Limited Ordinary Shares (Australia) will be deleted from OTC Equity effective December 06, 2023, due to Inactive Security. Announcement • Sep 16
Finbar Group Limited, Annual General Meeting, Oct 18, 2023 Finbar Group Limited, Annual General Meeting, Oct 18, 2023, at 11:00 W. Australia Standard Time. Location: Finbar Group Limited Offices Level 6, 181 Adelaide Terrace, East Perth WA 6004 East Perth Western Australia Australia Agenda: To receive and consider the annual financial report of the Company for the financial year ended 30 June 2023 together with the declaration of the directors, the director's report, the Remuneration Report, and the Auditor's Report; to consider adoption of remuneration report; to consider re-election of director Terence Peh; to consider re-election of director Ronald Chan; to consider re-election of director Eldon wan; and to consider other issues. Reported Earnings • Aug 24
Full year 2023 earnings released: EPS: AU$0.012 (vs AU$0.04 in FY 2022) Full year 2023 results: EPS: AU$0.012 (down from AU$0.04 in FY 2022). Revenue: AU$34.0m (down 63% from FY 2022). Net income: AU$3.14m (down 71% from FY 2022). Profit margin: 9.2% (down from 12% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • Jul 25
Finbar Group Limited Provides Earnings Guidance for the Full Year Ending on June 30, 2023 Finbar Group Limited provided earnings guidance for the full year ending on June 30, 2023. For the year, the company expects a profit of $2.75 million after tax. Recent Insider Transactions • Jun 27
Non-Executive Director recently bought AU$52k worth of stock On the 22nd of June, Siong Woon Peh bought around 80k shares on-market at roughly AU$0.65 per share. This transaction amounted to 1.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$6.9m more in shares than they have sold in the last 12 months. Reported Earnings • Feb 25
First half 2023 earnings released: AU$0.001 loss per share (vs AU$0.035 profit in 1H 2022) First half 2023 results: AU$0.001 loss per share (down from AU$0.035 profit in 1H 2022). Revenue: AU$18.2m (down 71% from 1H 2022). Net loss: AU$412.0k (down 104% from profit in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 8% per year. Announcement • Jan 31
Finbar Group Limited Announces Board Changes Finbar Group Limited announced the retirement of Non- Executive Director Mr. Loh Kee Kong and the appointment of Mr. Eldon Wan as Non- Executive Director. Mr. Loh Kee Kong was appointed to the Board of Finbar in April 1993 as Finbar was commencing its transition from an integrated marine services company to its re-listing on the securities exchange to ultimately become Western Australia's leading apartment development company. The Board announced the appointment of Mr. Eldon Wan as a Non-Executive Director. Mr. Wan is 51 years of age and the current Chief Operating Officer of Finbar's shareholder, Chuan Hup Holdings Limited, where he is responsible for development, establishing, and implementing operating policies, business plans, and strategies. Mr. Wan holds a Bachelor of Accountancy degree and is a Fellow Chartered Accountant of Singapore. Mr. Wan has over 25 years' experience in the finance and accounting sectors. He has accumulated industry experience in mergers and acquisitions, financial and management reporting, budgeting, taxation, treasury as well as corporate governance and risk management matters. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. 1 independent director (5 non-independent directors). Non-Executive Independent Director Lee Verios was the last independent director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Sep 15
Finbar Group Limited, Annual General Meeting, Oct 19, 2022 Finbar Group Limited, Annual General Meeting, Oct 19, 2022, at 11:00 W. Australia Standard Time. Location: Finbar Group Limited Level 6, 181 Adelaide Terrace East Perth Western Australia Australia Agenda: To receive and consider the annual financial report of the Company for the financial year ended 30 June 2022 together with the declaration of the directors, the director's report, the Remuneration Report, and the Auditor's Report; to consider adoption of Remuneration Report; to consider re-election of Mr. John Chan as a director; and to consider re-election of Mr. Kee Kong Loh as a director. Recent Insider Transactions • Sep 07
Insider recently bought AU$6.7m worth of stock On the 1st of September, Calogero Rubino bought around 12m shares on-market at roughly AU$0.57 per share. This transaction increased Calogero Rubino's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$7.6m more in shares than they have sold in the last 12 months. Reported Earnings • Aug 25
Full year 2022 earnings released: EPS: AU$0.04 (vs AU$0.033 in FY 2021) Full year 2022 results: EPS: AU$0.04 (up from AU$0.033 in FY 2021). Revenue: AU$90.3m (down 11% from FY 2021). Net income: AU$10.9m (up 23% from FY 2021). Profit margin: 12% (up from 8.7% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings. Upcoming Dividend • Aug 01
Upcoming dividend of AU$0.02 per share Eligible shareholders must have bought the stock before 08 August 2022. Payment date: 09 September 2022. Payout ratio is on the higher end at 77%, and the cash payout ratio is above 100%. Trailing yield: 5.5%. Lower than top quartile of Australian dividend payers (6.3%). Higher than average of industry peers (2.4%). Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. 1 independent director (5 non-independent directors). Non-Executive Independent Director Lee Verios was the last independent director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Feb 25
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: AU$0.035 (up from AU$0.015 in 1H 2021). Revenue: AU$63.7m (up 56% from 1H 2021). Net income: AU$9.42m (up 136% from 1H 2021). Profit margin: 15% (up from 9.8% in 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Feb 24
Finbar Group Limited Declares an Interim Ordinary Dividend for the Six Months Ended 31 December 2021, Payable on 18 March 2022 The board of directors of Finbar Group Limited has declared an interim ordinary dividend of 2.0 cents per share with total dividend amount of AUD 5,442,000 for the six months ended 31 December 2021, payable on 18 March 2022. The record date for the dividend is 4 March 2022. Recent Insider Transactions • Oct 21
Executive Chairman recently bought AU$63k worth of stock On the 19th of October, John Chan bought around 74k shares on-market at roughly AU$0.85 per share. This was the largest purchase by an insider in the last 3 months. John has been a buyer over the last 12 months, purchasing a net total of AU$247k worth in shares. Reported Earnings • Aug 26
Full year 2021 earnings released: EPS AU$0.033 (vs AU$0.024 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: AU$102.0m (down 34% from FY 2020). Net income: AU$8.85m (up 34% from FY 2020). Profit margin: 8.7% (up from 4.3% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • Aug 18
Finbar Group Limited Adds Dianella Project to Completed Apartment Stock Finbar Group Limited confirmed it has reached practical completion at its wholly owned $63 million Dianella apartment project, boosting the number of completed apartments it has currently available for sale. The 128-lot Dianella project, situated just north of the Perth CBD, has 62 apartments available with an end value of approximately $32.8 million. Finbar managing director Darren Pateman said the completion of the 100 per cent owned Dianella development was welcomed, with record sales in the first half of August seeing the total value of the company's available completed residential stock reduced to just $25 million. With an average price of apartments of approximately $454,000, Dianella has proven popular with first home buyers with 38% of the project being sold to this segment and 38% to downsizers. Of the 66 apartments already sold, around three quarters were sold to buyers who currently live within ten kilometres of the development. Upcoming Dividend • Aug 02
Upcoming dividend of AU$0.02 per share Eligible shareholders must have bought the stock before 09 August 2021. Payment date: 10 September 2021. Trailing yield: 4.6%. Lower than top quartile of Australian dividend payers (5.0%). Higher than average of industry peers (1.9%). Announcement • Jul 15
Finbar Group Limited Provides Earnings Guidance for the Financial Year Ended June 30, 2021 Finbar Group Limited provided earnings guidance for the financial year ended June 30, 2021. The company confirmed it expects to report a net
profit after tax of approximately $8.4 million for the financial year ended 30 June 2021, an increase of 18% on the previous year. Reported Earnings • Feb 25
First half 2021 earnings released: EPS AU$0.015 (vs AU$0.024 in 1H 2020) The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: AU$41.0m (down 23% from 1H 2020). Net income: AU$4.00m (down 35% from 1H 2020). Profit margin: 9.8% (down from 12% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 12
New 90-day high: AU$0.95 The company is up 19% from its price of AU$0.80 on 13 November 2020. The Australian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 7.0% over the same period. Is New 90 Day High Low • Jan 08
New 90-day high: AU$0.89 The company is up 42% from its price of AU$0.63 on 09 October 2020. The Australian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 10.0% over the same period. Is New 90 Day High Low • Dec 04
New 90-day high: AU$0.86 The company is up 33% from its price of AU$0.65 on 04 September 2020. The Australian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 19% over the same period. Is New 90 Day High Low • Nov 09
New 90-day high: AU$0.73 The company is up 11% from its price of AU$0.66 on 11 August 2020. The Australian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Real Estate industry, which is up 18% over the same period. Announcement • Nov 07
Finbar Group Limited to Commence Earthworks on Civic Heart Project Finbar Group Limited announced that earthworks on the company's landmark Civic Heart project in South Perth will now commence in January 2021. The decision by the company and its joint venture partners to commence significant works, follows strong sales momentum recorded across its portfolio, with the number of sales secured in October 2020, the highest recorded since 2017. Civic Heart is located on an iconic 8,208 m2 site which is bounded by Mends Street, Mill Point Road and Labouchere Road and is one of South Perth's most anticipated mixed-use developments. The project, which has an estimated end value of $408 million, will comprise two towers of 39 and 22 storeys respectively, providing 309 residential apartments, four penthouses and 25 ground floor commercial tenancies. It is expected to deliver thousands of direct and indirect jobs to Western Australians during construction and post completion. Is New 90 Day High Low • Oct 20
New 90-day high: AU$0.70 The company is up 2.0% from its price of AU$0.69 on 22 July 2020. The Australian market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 9.0% over the same period. Announcement • Oct 15
Ventrade Australia Pty Ltd Enters into Joint Venture with Finbar Group Limited to Acquire and Develop Development Land Site Located in the Perth City Precinct Ventrade Australia Pty Ltd. has entered into a joint venture with Finbar Group Limited, to acquire and develop a development land site located in the Perth city precinct (the "Joint Venture"). The Company has a 20.53% shareholding interest in Finbar, which is listed on the Australian Securities Exchange. Ventrade Australia and Finbar have formed a joint venture company in Western Australia named Finbar Sub 107 Pty Ltd. ("107 Pty Ltd"). The Group and Finbar are long-term, successful joint venture partners in development projects such as Reflections, Adagio, Toccata, Concerto in East Perth, Unison and One Kennedy in Maylands, Perth and more recently, 238 Adelaide Terrace in East Perth. The Directors believe that the Joint Venture is a strategic opportunity for the Group. The joint venture development site is centrally located with frontages to Hay Street, Plain Street and De Vlamingh Avenue in East Perth and is located directly opposite Queens Garden. The Joint Venture will enable the Group to leverage on Finbar's experience in property development in Western Australia. 107 Pty Ltd. will acquire a 5,335 square metre land site located at Lot 101 Hay Stree in East Perth, Western Australia, commonly referred to as the Chemlabs site (the "Land"), from the State Government of Western Australia for a purchase price of AUD 16,000,000, excluding government taxes. The Land will be developed into a mixed-use project comprising approximately 340 residential apartments to be developed as two towers over two stages (the "Project"). The apartments will be positioned above 1,400 square metres of ground floor commercial activation space supporting retail, andfood and beverage use, and will include the conservation of the former Materials Science Building on the corner of Hay Street and Plain Street which has heritage significance. Announcement • Aug 27
Finbar Group Limited (ASX:FRI) acquired remaining 50% stake in 36 Chester Avenue Pty Ltd. Finbar Group Limited (ASX:FRI) acquired remaining 50% stake in 36 Chester Avenue Pty Ltd. during financial year ending June 30, 2019. Post completion, 36 Chester Avenue Pty Ltd. has become wholly owned subsidiary of Finbar Group Limited.
Finbar Group Limited (ASX:FRI) completed the acquisition of remaining 50% stake in 36 Chester Avenue Pty Ltd. during financial year ending June 30, 2019. Announcement • Aug 16
Finbar Group Limited to Report Fiscal Year 2020 Results on Aug 26, 2020 Finbar Group Limited announced that they will report fiscal year 2020 results at 7:51 AM, GMT Standard Time on Aug 26, 2020