[WILLOW] QoQ TTM Result on 30-Sep-2004 [#3]

Announcement Date
25-Nov-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
30-Sep-2004 [#3]
Profit Trend
QoQ- 45.68%
YoY- 34.45%
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TTM Result
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Revenue 35,314 35,207 33,562 33,952 31,621 30,283 28,715 14.80%
PBT 1,626 -270 -1,457 -340 -1,428 -828 -1,771 -
Tax -1,154 -1,002 -801 -779 -632 -631 -572 59.73%
NP 472 -1,272 -2,258 -1,119 -2,060 -1,459 -2,343 -
-
NP to SH 472 -1,272 -2,258 -1,119 -2,060 -1,459 -2,343 -
-
Tax Rate 70.97% - - - - - - -
Total Cost 34,842 36,479 35,820 35,071 33,681 31,742 31,058 7.97%
-
Net Worth 30,847 29,653 29,607 28,711 27,609 29,307 28,885 4.48%
Dividend
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Div - - - - - - - -
Div Payout % - - - - - - - -
Equity
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Net Worth 30,847 29,653 29,607 28,711 27,609 29,307 28,885 4.48%
NOSH 251,612 244,666 247,968 247,727 247,179 251,999 249,444 0.57%
Ratio Analysis
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
NP Margin 1.34% -3.61% -6.73% -3.30% -6.51% -4.82% -8.16% -
ROE 1.53% -4.29% -7.63% -3.90% -7.46% -4.98% -8.11% -
Per Share
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
RPS 14.04 14.39 13.53 13.71 12.79 12.02 11.51 14.17%
EPS 0.19 -0.52 -0.91 -0.45 -0.83 -0.58 -0.94 -
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.1226 0.1212 0.1194 0.1159 0.1117 0.1163 0.1158 3.88%
Adjusted Per Share Value based on latest NOSH - 247,727
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
RPS 7.12 7.10 6.77 6.85 6.38 6.11 5.79 14.79%
EPS 0.10 -0.26 -0.46 -0.23 -0.42 -0.29 -0.47 -
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.0622 0.0598 0.0597 0.0579 0.0557 0.0591 0.0582 4.53%
Price Multiplier on Financial Quarter End Date
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Date 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 -
Price 0.15 0.10 0.14 0.14 0.16 0.23 0.29 -
P/RPS 1.07 0.69 1.03 1.02 1.25 1.91 2.52 -43.53%
P/EPS 79.96 -19.23 -15.37 -30.99 -19.20 -39.73 -30.87 -
EY 1.25 -5.20 -6.50 -3.23 -5.21 -2.52 -3.24 -
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.22 0.83 1.17 1.21 1.43 1.98 2.50 -38.04%
Price Multiplier on Announcement Date
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Date 25/08/05 18/05/05 24/02/05 25/11/04 20/08/04 27/05/04 26/02/04 -
Price 0.14 0.09 0.12 0.14 0.14 0.18 0.28 -
P/RPS 1.00 0.63 0.89 1.02 1.09 1.50 2.43 -44.70%
P/EPS 74.63 -17.31 -13.18 -30.99 -16.80 -31.09 -29.81 -
EY 1.34 -5.78 -7.59 -3.23 -5.95 -3.22 -3.35 -
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.14 0.74 1.01 1.21 1.25 1.55 2.42 -39.48%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.

NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ & YoY figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.

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