Lauren De Zilva
Person
Lauren De Zilva is an Executive Director and Portfolio Manager at Ryder Capital, an Australian investment manager. She is known for discussing the firm’s investment approach and portfolio companies.
What Lauren De Zilva has said on podcasts
12 statements
Rider’s NextEC investment rose from $2 to $12 over approximately seven years.
“NextEC. So Rider invested in that at $2, exited at $12 over sort of 7 years”
Open the episode · 3 small caps powering Ryder Capital’s double-digit growth and fully franked dividendsListen at 2:38
BCI’s salt market remains undersupplied because Asian demand exceeds new supply.
“there was a thesis at the time which still holds today that there was a supply deficit in salt coming in the market based on the demand profile from Asia, from Asian economic growth, and a lack of new supply coming onto the market.”
Open the episode · 3 small caps powering Ryder Capital’s double-digit growth and fully franked dividendsListen at 15:41
An impending salt supply deficit should support higher salt prices.
“we've got the view that there's an impending supply deficit in salt, which should support a constructive outlook for the salt price.”
Open the episode · 3 small caps powering Ryder Capital’s double-digit growth and fully franked dividendsListen at 18:02
BCI could generate $300 million in post-tax cash flow at full production.
“we think that BCI could produce $300 million of post-tax cash flow.”
Open the episode · 3 small caps powering Ryder Capital’s double-digit growth and fully franked dividendsListen at 20:28
BCI’s share price should re-rate as free cash flow begins to grow.
“we think that over time, as BCI starts to generate that free cash flow, the share price should re-rate towards a more appropriate yield.”
Open the episode · 3 small caps powering Ryder Capital’s double-digit growth and fully franked dividendsListen at 20:40
BCI could be valued at $1.50 per share using a 15-times free-cash-flow multiple.
“we think about 15 times free cash flow as a share price of $1.50.”
Open the episode · 3 small caps powering Ryder Capital’s double-digit growth and fully franked dividendsListen at 20:51
BCI could deliver an 18% annual compounded return over eight years, excluding dividends.
“that could be an 18% compounding return for the next 8 years excluding dividends.”
Open the episode · 3 small caps powering Ryder Capital’s double-digit growth and fully franked dividendsListen at 21:02
BCI’s annual return could exceed 20% when dividends are included.
“that could look like 20% plus with dividends as well.”
Open the episode · 3 small caps powering Ryder Capital’s double-digit growth and fully franked dividendsListen at 21:07
Prolonged weakness in salt prices would negatively affect BCI’s investment case.
“if that was, if that was lengthened and we kept seeing weakness in the price, that's a negative.”
Open the episode · 3 small caps powering Ryder Capital’s double-digit growth and fully franked dividendsListen at 22:20
Additional salt supply could pressure salt prices.
“if suddenly some additional supply came onto the market, that's a risk to the salt price.”
Open the episode · 3 small caps powering Ryder Capital’s double-digit growth and fully franked dividendsListen at 22:27
BCI can monetize excess port capacity beyond its own 5.5-million-tonne output.
“The BCI project at full run rate is 5.5 million tonnes, so there's a lot of excess capacity there that can actually be monetized by BCI.”
Open the episode · 3 small caps powering Ryder Capital’s double-digit growth and fully franked dividendsListen at 23:42
BCI will generate additional profits by monetizing existing infrastructure.
“BCI will be able to generate extra profits and really monetize their existing assets and infrastructure.”
Open the episode · 3 small caps powering Ryder Capital’s double-digit growth and fully franked dividendsListen at 24:08
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
