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Draft. Dated: April 29, 2013 . This presentation is only for discussion purposes and in no way be used for commercial dealing. The numbers used in this document are assumed/dummy numbers. . Admore Gas (Private) Limited A licensed oil marketing company . Case Study Investment Banking Team
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Draft Dated: April 29, 2013 This presentation is only for discussion purposes and in no way be used for commercial dealing. The numbers used in this document are assumed/dummy numbers. Admore Gas (Private) LimitedA licensed oil marketing company Case Study Investment Banking Team Shajar Capital Private & Confidential - For discussion purposes only
Value proposition The OMC • Storage facility of over 8500 MT • 434 operational outlets Admore retails refined petroleum products and lubricants across individual and commercial market segments operational since 2001 • 200 pumps in development process 89 KPK 36 Outlets • Strong supply chain • Strong footprint in Punjab and AJK Punjab 254 Outlets Baluchistan 3 Outlets Sindh 89 Outlets Private & Confidential - For discussion purposes only
Market Players vs. Admore One of the lowest Sale/Pump Ratio Number of Pumps Private & Confidential - For discussion purposes only
Year 2012: At a glance Equity Capital Inconsistent Supply Working Capital Outstanding Payments Financing Issues HSD and PMG Furnace Oil Refineries Industries Furnace Oil and Lubes HSD, PMG and Lubes Imports Retail Outlets • Issues: • Communication • Management • Debt Repayment • Cash cycle • Employees • Resolution: • Monitoring and Control • Reactivate departments and function • Debt restructuring • Cash flow management • Incentive based pay Private & Confidential - For discussion purposes only
Year 2012: Change of Management Shajar Group – Acquired major stake Packaging Healthcare Education Financial Services Energy Oil & Gas ATCO Trading Dar ulShifa Trust Liaqat Medical & Dental College Shajar Capital Shajar Energy Admore Gas Energy Dar ul Sehat Hospital Trading Invest One Consultancy Upstream Brokerage and Investment Advisory Trading Private & Confidential - For discussion purposes only
Turnaround Process General Initiatives The restructuring process and turnaround may take 2-3 years. Remedial Initiatives Private & Confidential - For discussion purposes only
How to capitalize on this turnaround? Upside potential Private & Confidential - For discussion purposes only
Listing or Private Placement Turnaround IPO Exit Year 5 Potential IPO Exit Year 3 IPO Exit Year 8 IPO Preparation Private & Confidential - For discussion purposes only
This presentation is only for discussion purposes and in no way be used for commercial dealing. The numbers used in this document are assumed/dummy numbers. Thanks Private & Confidential - For discussion purposes only