Loading...

Reedy Lagoon

ASX:RLC
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RLC
ASX
A$2M
Market Cap
  1. Home
  2. AU
  3. Materials
Company description

Reedy Lagoon Corporation Limited explores for and develops mineral properties in Australia and the United States. The last earnings update was 45 days ago. More info.


Add to Portfolio Compare Print
  • Reedy Lagoon has significant price volatility in the past 3 months.
RLC Share Price and Events
7 Day Returns
0%
ASX:RLC
-0.4%
AU Metals and Mining
1.8%
AU Market
1 Year Returns
-76.2%
ASX:RLC
10.7%
AU Metals and Mining
6%
AU Market
RLC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Reedy Lagoon (RLC) 0% 0% -16.7% -76.2% 0% -80%
AU Metals and Mining -0.4% 0.2% 12.8% 10.7% 71% 10.1%
AU Market 1.8% 3.9% 7.8% 6% 20.5% 8.4%
1 Year Return vs Industry and Market
  • RLC underperformed the Metals and Mining industry which returned 10.7% over the past year.
  • RLC underperformed the Market in Australia which returned 6% over the past year.
Price Volatility
RLC
Industry
5yr Volatility vs Market

Value

 Is Reedy Lagoon undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Reedy Lagoon. This is due to cash flow or dividend data being unavailable. The share price is A$0.005.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Reedy Lagoon's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Reedy Lagoon's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:RLC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.01
ASX:RLC Share Price ** ASX (2019-04-26) in AUD A$0.01
Australia Metals and Mining Industry PE Ratio Median Figure of 78 Publicly-Listed Metals and Mining Companies 12.32x
Australia Market PE Ratio Median Figure of 543 Publicly-Listed Companies 16.33x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Reedy Lagoon.

ASX:RLC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:RLC Share Price ÷ EPS (both in AUD)

= 0.01 ÷ -0.01

-0.72x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Reedy Lagoon is loss making, we can't compare its value to the AU Metals and Mining industry average.
  • Reedy Lagoon is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Reedy Lagoon's expected growth come at a high price?
Raw Data
ASX:RLC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.72x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Metals and Mining Industry PEG Ratio Median Figure of 38 Publicly-Listed Metals and Mining Companies 0.67x
Australia Market PEG Ratio Median Figure of 359 Publicly-Listed Companies 1.39x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Reedy Lagoon, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Reedy Lagoon's assets?
Raw Data
ASX:RLC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.00
ASX:RLC Share Price * ASX (2019-04-26) in AUD A$0.01
Australia Metals and Mining Industry PB Ratio Median Figure of 584 Publicly-Listed Metals and Mining Companies 1.52x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.67x
ASX:RLC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:RLC Share Price ÷ Book Value per Share (both in AUD)

= 0.01 ÷ 0.00

2.92x

* Primary Listing of Reedy Lagoon.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Reedy Lagoon is overvalued based on assets compared to the AU Metals and Mining industry average.
X
Value checks
We assess Reedy Lagoon's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Reedy Lagoon has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Reedy Lagoon expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Reedy Lagoon has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
1.2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Reedy Lagoon expected to grow at an attractive rate?
  • Unable to compare Reedy Lagoon's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Reedy Lagoon's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Reedy Lagoon's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:RLC Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 1.2%
Australia Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 0.3%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.8%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:RLC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:RLC Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -3 -3
2018-09-30 0 -3 -4
2018-06-30 0 -3 -5
2018-03-31 0 -2 -4
2017-12-31 0 -1 -3
2017-09-30 0 -1 -2
2017-06-30 0 -1 -1
2017-03-31 0 0 -1
2016-12-31 0 0 0
2016-09-30 0 0 0
2016-06-30 0 0 0
2016-03-31 0 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Reedy Lagoon is high growth as no earnings estimate data is available.
  • Unable to determine if Reedy Lagoon is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:RLC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Reedy Lagoon Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:RLC Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.01
2018-09-30 -0.01
2018-06-30 -0.02
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 0.00
2017-06-30 -0.01
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00
2016-03-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Reedy Lagoon will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Reedy Lagoon's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Reedy Lagoon's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Reedy Lagoon's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Reedy Lagoon's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Reedy Lagoon has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Reedy Lagoon performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Reedy Lagoon's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Reedy Lagoon does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Reedy Lagoon's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Reedy Lagoon's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Reedy Lagoon's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Reedy Lagoon Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:RLC Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.01 -2.81 2.65
2018-09-30 0.01 -3.71 2.58
2018-06-30 0.02 -4.62 2.52
2018-03-31 0.02 -3.88 1.73
2017-12-31 0.02 -3.15 0.94
2017-09-30 0.02 -1.98 0.83
2017-06-30 0.03 -0.81 0.72
2017-03-31 0.03 -0.54 0.54
2016-12-31 0.03 -0.28 0.36
2016-09-30 0.03 -0.33 0.36
2016-06-30 0.03 -0.39 0.36
2016-03-31 0.03 -0.39 0.36
2015-12-31 0.04 -0.40 0.37
2015-09-30 0.05 -0.46 0.44
2015-06-30 0.06 -0.53 0.51
2015-03-31 0.06 -0.56 0.54
2014-12-31 0.07 -0.58 0.57
2014-09-30 0.07 -0.57 0.56
2014-06-30 0.06 -0.56 0.55
2014-03-31 0.06 -0.56 0.54
2013-12-31 0.05 -0.57 0.53
2013-09-30 0.05 -0.57 0.52
2013-06-30 0.06 -0.56 0.52
2013-03-31 0.06 -0.56 0.53
2012-12-31 0.07 -0.55 0.55
2012-09-30 0.08 -0.59 0.59
2012-06-30 0.10 -0.64 0.64

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Reedy Lagoon has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Reedy Lagoon has efficiently used its assets last year compared to the AU Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Reedy Lagoon improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Reedy Lagoon's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Reedy Lagoon has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Reedy Lagoon's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Reedy Lagoon's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Reedy Lagoon is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Reedy Lagoon has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Reedy Lagoon's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Reedy Lagoon has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Reedy Lagoon Company Filings, last reported 3 months ago.

ASX:RLC Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 0.69 0.00 0.60
2018-09-30 0.69 0.00 0.60
2018-06-30 1.31 0.00 1.25
2018-03-31 1.31 0.00 1.25
2017-12-31 2.71 0.00 2.77
2017-09-30 2.71 0.00 2.77
2017-06-30 -0.11 0.00 0.18
2017-03-31 -0.11 0.00 0.18
2016-12-31 0.09 0.00 0.25
2016-09-30 0.09 0.00 0.25
2016-06-30 -0.19 0.00 0.05
2016-03-31 -0.19 0.00 0.05
2015-12-31 -0.01 0.00 0.11
2015-09-30 -0.01 0.00 0.11
2015-06-30 -0.09 0.00 0.01
2015-03-31 -0.09 0.00 0.01
2014-12-31 0.06 0.00 0.11
2014-09-30 0.06 0.00 0.11
2014-06-30 0.04 0.00 0.10
2014-03-31 0.04 0.00 0.10
2013-12-31 0.29 0.00 0.31
2013-09-30 0.29 0.00 0.31
2013-06-30 0.59 0.00 0.61
2013-03-31 0.59 0.00 0.61
2012-12-31 0.35 0.00 0.38
2012-09-30 0.35 0.00 0.38
2012-06-30 0.64 0.00 0.62
  • Reedy Lagoon has no debt.
  • Reedy Lagoon has not taken on any debt in the past 5 years.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Reedy Lagoon has less than a year of cash runway based on current free cash flow.
  • Reedy Lagoon has less than a year of cash runway if free cash flow continues to grow at historical rates of 89.2% each year.
X
Financial health checks
We assess Reedy Lagoon's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Reedy Lagoon has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Reedy Lagoon's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Reedy Lagoon dividends.
If you bought A$2,000 of Reedy Lagoon shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Reedy Lagoon's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Reedy Lagoon's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:RLC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 36 Stocks 3.8%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.3%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.5%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Reedy Lagoon has not reported any payouts.
  • Unable to verify if Reedy Lagoon's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Reedy Lagoon's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Reedy Lagoon has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Reedy Lagoon's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Reedy Lagoon afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Reedy Lagoon has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Reedy Lagoon's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Geof Fethers
COMPENSATION A$160,869
AGE 61
TENURE AS CEO 11.9 years
CEO Bio

Mr. Geoffrey H. Fethers also known as Geof, B.Sc.(Hons), MAusIMM founded Reedy Lagoon Corporation Limited in 1986 and has been its Managing Director since May 01, 2007. Mr. Fethers has been Company Secretary of Reedy Lagoon Corporation Limited since April 1, 2009. Mr. Fethers co-founded Osprey in 1989 and Flagstaf Geo Consultants Pty Ltd in 1996. He is a geologist with over 25 years exploration experience. He served in De Beers Australia Exploration Limited (formerly, Stockdale Prospecting Limited) from 1980 to 1985. He has been Executive Director at Reedy Lagoon Corporation Limited since September 24, 1986. He is a Member of the Geological Society of Australia and the Australian Institute of Mining and Metal urgy (CPGeo). He holds a Bachelor of Science (Hons.) (Geology) Degree from The University of Melbourne.

CEO Compensation
  • Geof's compensation has increased whilst company is loss making.
  • Geof's remuneration is lower than average for companies of similar size in Australia.
Management Team

Geof Fethers

TITLE
MD, Company Secretary & Director
COMPENSATION
A$161K
AGE
61
TENURE
11.9 yrs
Board of Directors Tenure

Average tenure and age of the Reedy Lagoon board of directors in years:

11.9
Average Tenure
63
Average Age
  • The average tenure for the Reedy Lagoon board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Jonathan Hamer

TITLE
Chairman of the Board
COMPENSATION
A$68K
AGE
63
TENURE
11.9 yrs

Geof Fethers

TITLE
MD, Company Secretary & Director
COMPENSATION
A$161K
AGE
61
TENURE
33.3 yrs

Adrian Griffin

TITLE
Independent Non-Executive Director
COMPENSATION
A$43K
AGE
65
TENURE
4.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
X
Management checks
We assess Reedy Lagoon's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Reedy Lagoon has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Kind Of Shareholder Appears On The Reedy Lagoon Corporation Limited's (ASX:RLC) Shareholder Register?

A look at the shareholders of Reedy Lagoon Corporation Limited (ASX:RLC) can tell us which group is most powerful. … Reedy Lagoon is a smaller company with a market capitalization of AU$2.4m, so it may still be flying under the radar of many institutional investors. … Check out our latest analysis for Reedy Lagoon

Simply Wall St -

Should You Take Comfort From Insider Transactions At Reedy Lagoon Corporation Limited (ASX:RLC)?

So shareholders might well want to know whether insiders have been buying or selling shares in Reedy Lagoon Corporation Limited (ASX:RLC). … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … Reedy Lagoon Insider Transactions Over The Last Year.

Simply Wall St -

Is Reedy Lagoon Corporation Limited (ASX:RLC) A Financially Sound Company?

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is RLC growing fast enough to value financial flexibility over lower cost of capital … Debt capital generally has lower cost of capital compared to equity funding.

Simply Wall St -

Who Are The Top Investors In Reedy Lagoon Corporation Limited (ASX:RLC)?

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … Private Company Ownership Another important group of owners for potential investors in RLC are private companies that hold a stake of 21.16% in RLC. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.Next Steps: With a low level of institutional ownership, investors in RLC need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

Simply Wall St -

Is Reedy Lagoon Corporation Limited's (ASX:RLC) CEO Pay Justified?

This is because, if incentives are aligned, more value is created for shareholders which directly impacts your returns as an investor. … Check out our latest analysis for Reedy Lagoon What has RLC's performance been like? … Usually I would use earnings and market cap to account for variations in performance, however, RLC's negative earnings reduces the usefulness of my formula.

Simply Wall St -

Who Are Reedy Lagoon Corporation Limited's (ASX:RLC) Major Shareholders?

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Thus, investors should dig deeper into RLC's business relations with these companies and how it can affect shareholder returns in the long-term.Next Steps: Institutional ownership level and composition in RLC is not high nor active enough to significantly impact its investment thesis.

Simply Wall St -

Reedy Lagoon Corporation Limited's (ASX:RLC) Earnings Declined -58%, But How Did It Fare Against The Industry?

Assessing Reedy Lagoon Corporation Limited's (ASX:RLC) performance as a company requires looking at more than just a years' earnings data. … Below, I will run you through a simple sense check to build perspective on how Reedy Lagoon is doing by comparing its most recent earnings with its historical trend, in addition to the performance of its metals and mining industry peers. … View our latest analysis for Reedy Lagoon Commentary On RLC's Past Performance For the purpose of this commentary, I like to use the ‘latest twelve-month’ data, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data.

Simply Wall St -

Company Info

Description

Reedy Lagoon Corporation Limited explores for and develops mineral properties in Australia and the United States. The company primarily explores for lithium, iron ore, and uranium deposits. It owns interests in the Columbus Salt Marsh, Big Smoky South, Clayton Valley, and Alkali Lake North lithium brine projects covering an area of 5,164 hectares located in Nevada, the United States; Burracoppin project in Western Australia; and the Edward Creek project located in South Australia. Reedy Lagoon Corporation Limited was founded in 1986 and is based in Melbourne, Australia.

Details
Name: Reedy Lagoon Corporation Limited
RLC
Exchange: ASX
Founded: 1986
A$2,011,358
402,271,710
Website: http://www.reedylagoon.com.au
Address: Reedy Lagoon Corporation Limited
530 Collins Street,
Level 18,
Melbourne,
Victoria, 3000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX RLC Ordinary Shares Australian Securities Exchange AU AUD 22. Jun 2007
CHIA RLC Ordinary Shares Chi-X Australia AU AUD 22. Jun 2007
Number of employees
Current staff
Staff numbers
0
Reedy Lagoon employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/26 10:33
End of day share price update: 2019/04/26 00:00
Last earnings filing: 2019/03/12
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.