2011 Announcements
2011 Company Announcements
Centuria Capital publishes all our announcements here and produces a number of publications throughout the year. Below you will find a list of these announcements and publications which are available for download in PDF format. To be able to view the PDFs you will need to have Adobe Acrobat. To receive your free copy of Adobe Acrobat reader click here.
| 13 December 2011 | Centuria's view of the 2012 investment landscape - risk reduction and yield to dominateCenturia Capital today issued its market and investment forecasts for 2012. The diversified fund manager believes market conditions in the year ahead will lead investors to continue their focus on risk reduction over returns and renewed interest in income over capital gains. |
| 09 November 2011 | Every loss counts, so reset against volatility nowInvestors must rethink the conventions of asset allocation in light of financial markets that will remain highly volatile at least in the medium-term and very possibly beyond it, said John McBain, CEO Centuria Capital. Conventional ‘time in the market’ wisdom, which holds that taking a long-term position will smooth short-term losses and lead to net investor gains over time, should be viewed with fresh scepticism by many investors in the face of the new reality of market volatility. These comments form part of a Centuria Capital white paper titled: The Centuria Solution: achieving superior returns in a volatile new world. |
| 08 November 2011 | John McBain live on SwitzerCenturia Capital CEO John McBain featured on Switzer last night (November 7) to discuss our recent white paper on asset allocation and market volatility. Watch the interview. |
| 28 October 2011 | Results of AGMCenturia Capital Limited held its Annual General Meeting today with all resolutions passed by our shareholders. |
| 28 October 2011 | CNI AGM Chairman and CEO Addresses |
| 04 October 2011 | Increase to Directors' HoldingsView Notice – Roger Dobson |
| 04 October 2011 | Issue of new Shares |
| 29 September 2011 | Chairman's Letter, Notice of Annual General Meeting and Proxy FormCenturia Capital Limited announces its Annual General Meeting to be held on 28 October 2011 at 11am at Oaks on Collins, 480 Collins Street, Melbourne. |
| 16 September 2011 | Final Results Presentation - updated version |
| 01 September 2011 | Announcement of Annual General MeetingCenturia announces the date and venue of its AGM. |
| 25 August 2011 | CNI Results: Live from Ross Greenwood's 2GB Money NewsListen to the audio file of a news advertorial featuring Centuria Capital which was broadcast on Ross Greenwood’s 2GB Money News program Monday 23 August. The segment reinforces the financial results released by Centuria Capital this week. |
| 19 August 2011 | CNI Announces Full Year Underlying Profit of $6.4mDiversified funds management group Centuria Capital today announced an underlying net profit after tax of $6.4 million for the full year ended 30 June 2011. Representing profit after tax, adjusted for non-recurring items and excluding the consolidated financial affairs of the benefit funds – the underlying NPAT of $6.4 million is equivalent to 8.0 cents per share. Underlying earning before tax was $10.5 million. “The past year has been one of significant growth and change”, Centuria Capital CEO John McBain said. |
| 04 August 2011 | CNI Market UpdateCenturia announces an update to its underlying earnings profit guidance and confirms its final dividend. |
| 20 July 2011 | Centuria Capital appoints new Marketing and Distribution ManagerCenturia Capital Limited today announced another senior appointment – that of Anne Hamieh as manager of Marketing and Distribution – Financial Services. Ms Hamieh is already known to many in the industry for her work with Wilson HTM and Next Financial, where she held a number of significant roles in relationship management, marketing and, most recently, heading up the company’s Dealer Group Distribution area. Read our press release here. |
| 13 July 2011 | New tax specialist joins Centuria CapitalCenturia Capital Limited announced the appointment of a new Group Tax Manager, Yujita Chaudhri. Ms Chaudhri brings to Centuria Capital more than 14 years’ experience in taxation and business services both in Australia and internationally. Read our press release here. |
| 05 July 2011 | New Head of Reverse MortgagesCenturia Capital Limited announced that Peter McDonagh has joined as Head of Reverse Mortgages. With almost 30 years experience within the financial services industry, Mr McDonagh has extensive expertise in managing mortgage services teams and high-volume mortgage administration operations with up to 90 staff. Read our press release here. |
| 04 July 2011 | Increase to Director's HoldingView Notice – John McBain |
| 04 July 2011 | Increase to Director's HoldingView Notice – Roger Dobson |
| 27 June 2011 | Investors keen to return to unlisted commercial propertyCenturia Property Funds, announced Friday that its recent purchase of 8 Australia Avenue in Sydney Olympic Park, has settled with strong support from dealer groups and investors. The support for the $19 million capital raising reinforces the positive outlook of the unlisted commercial property market and increasing interest from planners and their clients in the underlying assets. The success of this exercise also further demonstrates Centuria’s ability to source funds in a market with scarce equity. Centuria are steadily building funds under management with $300 million of property funds growth over the last 9 months alone. Read our press release here. |
| 21 June 2011 | Investor rights a welcome initiative - industry and planners back new benchmarksCenturia Property Funds has received overwhelming support from industry and financial planning groups following the introduction of a series of initiatives to increase the rights of investors in direct property. The peak industry body representing the direct property investment industry – the Property Funds Association of Australia – has welcomed the initiatives, as have some of Australia’s largest financial planning groups. Geoffrey Gedge, CEO of the Property Funds Association of Australia said the initiatives would help the industry restore faith with investors. Read our press release here. |
| 16 June 2011 | New management benchmarks for unlisted propertyCenturia announces the launch of an industry first: a major investor rights initiative. Until some of the poor management behaviour endemic among unlisted property funds is addressed at the individual fund level, the sector will continue to encounter perception problems, according to Jason Huljich, CEO of Centuria Property Funds. And as a consequence, Mr Huljich warned that both advisers and investors may miss out on the very real benefits that a well managed unlisted property fund has to offer: benefits such as steady returns, low volatility and genuine diversification. This is especially the case in the current environment, when there are strong pockets of genuine opportunity in commercial property, at the same time as limited growth in the equity market to date this year which is causing many investors to look for alternatives. Read the press release here. |
| 18 May 2011 | Increase to Director's HoldingView Notice – Roger Dobson |
| 19 April 2011 | Centuria Property hits $1 billion in FUMCenturia Property’s latest purchase of a commercial property at 8 Australia Avenue, Sydney Olympic Park continues an aggressive growth strategy. Read the ASX Announcement. |
| 18 April 2011 | Centuria sell Melbourne propertyCenturia Property Funds has sold 17 Market Street, South Melbourne for $8.95 million. The property has a net lettable area of 2,596 sqm across three levels and is 100 per cent leased, with the major tenant being the ASX listed Redflex Holdings Limited. Read the press release here. |
| 18 April 2011 | Issue of new Shares |
| 13 April 2011 | Issue of new SharesIncrease in Director’s HoldingsView Notice – Roger Dobson |
| 08 April 2011 | Letter to ShareholdersCenturia Capital has sent a letter to shareholders advising them of their dividend payment as well as providing an update of Company activities over the past half year. |
| 01 April 2011 | Centuria Market UpdateCenturia Capital Limited has announced a series of initiatives to mark its relaunch under the Centuria brand. |
| 25 March 2011 | Increase in Director’s shareholdings |
| 11 March 2011 | Over Fifty Group changes name to Centuria CapitalOver Fifty Group, one of Australia’s most successful diversified fund managers, is changing its name to Centuria Capital. The name change was approved by Over Fifty Group shareholders at their November 2010 Annual General meeting, and takes effect as of 14 March. Centuria is launching a new brand structure to the market. |
| 28 February 2011 | Group Announces Half Year ResultsOver Fifty Group Limited is pleased to report underlying net profit before tax of $4.5 million for the half year ended 31 December 2010, compared with $4.8 million in the previous corresponding period. Underlying net profit after tax was $2.2 million, equivalent to 2.8 cents per share.The half year result represents a period of consolidation within the business after witnessing significant turmoil in the marketplace. The Company has expanded funds under management, strengthened its senior management team and renewed its focus on core strengths and operations.The Board remains confident of the future performance of the Company and reconfirms full year 2011 dividend guidance of 6.0 cents per share, with the final dividend expected to be 3.5 cents per share. |
| 11 February 2011 | Completion of minimum holding buy-back and cancellation of sharesOn 2 February 2011, Over Fifty Group Limited successfully closed its unmarketable parcel minimum holding buy-back facility which was first announced to the Australian Securities Exchange on 30 November 2010. |
| 18 January 2011 | Century Plans to Replace Opus Capital as Manager of Opus Income & Capital Fund No 21One of Australia’s most successful property fund managers, Century Funds Management – has accepted the request of major unitholders to propose itself before a vote of unitholders to replace Opus Capital as Responsible Entity in the Opus Income & Capital Fund No. 21 (Opus Fund). |