Kuwait Corporate Fact Sheet

Tamdeen Investment Co. Fact Sheet
Investment Sector
Reuters Code: TAMI.KW Current Price (KD) : 0.550
Key Facts
KD ' 000 2003 2004 2005 2006 2007
Cash & Equivalent 1,251 113 1,028 55 633
Accounts Receivable & Other Debit Balances 54 69 139 1,242 572
Held For Trading Investments 1,617 1,762 - - -
Available for Sale Investments 67,086 95,340 105,074 146,782 192,817
Investments in Associates - - - 1,528 44,828
Investment In Unconsolidated Subsidiaries - - 250 - -
Investment Properties - - 6,689 22,698 817
Other Assets 20 42 32 19 30
Total Assets 70,028 97,326 113,212 172,323 239,695
Due to Banks 23,718 24,111 6,111 31,726 65,376
Accounts Payable & Other Credit Balances 130 350 2,229 7,536 5,075
Other Liabilities 9 20 31 25 60
Total Liabilities 23,857 24,482 8,371 39,287 70,511
Equity 46,170 72,845 104,841 133,036 169,184
Investment Income (Loss) 1,531 2,688 5,579 6,269 13,817
Other Operating Income 162 139 127 1,057 909
Total Operating Revenues 1,693 2,827 5,705 7,326 14,726
Total Operating Expense 1,281 1,376 1,962 2,155 5,687
Operating Profit (Loss) 412 1,451 3,743 5,171 9,039
Other Income (Loss) 713 - - - -
Other Expenses 19 13 64 224 327
Net Profit (Loss) 1,106 1,438 3,679 4,948 8,712
Key Ratios
KAMCO Research
June 22, 2008
2003 2004 2005 2006 2007
Return On Assets 1.6% 1.5% 3.2% 2.9% 3.6%
Return On Equity 2.4% 2.0% 3.5% 3.7% 5.1%
Operating Profit Margin 24.3% 51.3% 65.6% 70.6% 61.4%
Net Profit Margin 65.3% 50.9% 64.5% 67.5% 59.2%
Investments / Total Assets 98.1% 99.8% 98.9% 99.2% 99.5%
Total Liabilities / Total Assets 34.1% 25.2% 7.4% 22.8% 29.4%
Historical Share Data YTD
2004 2005 2006 2007 22-Jun-08
Market Capitalization (KD thousand) NA NA 85,050 96,390 171,518
Closing Share Price (KD) NA NA 0.300 0.340 0.550
Highest Price for the Period (KD) NA NA 0.360 0.910 0.630
Lowest Price for the Period (KD) NA NA 0.275 0.240 0.335
Volume (Shares thousand) NA NA 29,520 204,090 251,335
Value (KD thousand) NA NA 9,435 114,773 116,111
No. of Trades NA NA 1,459 9,247 10,897
EPS (KD) 0.008 0.018 0.017 0.031 0.031
Book Value Per Share (KD) 0.429 0.388 0.471 0.598 0.598
Dividend Per Share (KD) 0.008 0.005 0.012 0.000 NA
Price to Earnings Multiple (X) #
65.01 30.27 31.50 17.85 17.85
Price to Book Value Multiple (X) #
1.28 1.42 1.17 0.92 0.92
Dividend Yield (%) #
1.36 0.91 2.18 0.00 0.00
KD
0.885
0.815
0.745
0.675
0.605
0.535
0.465
0.395
0.325
52-Week Price Chart Rel. to KAMCO TRW Index
TAMINV KAMCO TRW Index
24.6.07
8.7.07
22.7.07
5.8.07
19.8.07
2.9.07
16.9.07
30.9.07
14.10.07
28.10.07
11.11.07
25.11.07
9.12.07
23.12.07
6.1.08
20.1.08
3.2.08
17.2.08
2.3.08
16.3.08
30.3.08
13.4.08
27.4.08
11.5.08
25.5.08
8.6.08
22.6.08
Index
4,800
4,700
4,600
4,500
4,400
4,300
4,200
4,100
4,000
NA: Not Applicable, NM: Not Meaningful
N/A: Not Available, YTD: Beginning of year to date
#
:Historical P/E, P/B & Yield are based on
current price & historical earning per share,
book value per share & dividend per share
*: The company was listed on the KSE on 29-May-06
Investment Research Department
KIPCO Asset Management Co.K.S.C.C
KAMCO
P.O.Box: 28873 Safat 13149 Kuwait
Email : kamco_research@kamconline.com