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This presentation was prepared by Almogam Holdings Ltd. (the "Company") as a general presentation about the company. The information contained in this presentation is only a summary and does not exhaust all the data about the company and its activities. . . .

Forward-looking information
This presentation was prepared by Almogam Holdings Ltd. (“the company”) as a general presentation about the company. The information contained in this presentation is only a summary and does not exhaust all the data about the company and its activities, and does not replace the need to review the company’s periodic report for 2022 dated March 16. 2023 published on March 19, 2023, in the quarterly report for the first quarter of 2023 published on May 16, 2023 and in the company’s current reports, before making a decision regarding investment in the company’s securities. To the extent that there is a discrepancy between what is stated in the presentation and what is stated in the company’s reports required by law, it shall prevail The said in the said reports.

The presentation may include information that was not presented in the company’s reports and reports in the past and/or was presented in a manner, characterization, editing, processing, or segmentation different from the way this information is presented in the presentation. It should be emphasized that past results do not necessarily indicate future performance.

This presentation includes forward-looking information, as defined in the Securities Law, 1968. Such information includes, among other things, forecasts, goals, assessments and estimates of the company, including information provided by means of Illustrations, graphs, reviews and any other information presented in any way, relating to future events and/or matters, the realization of which is uncertain and not under the control of the company and known to the company as of the date of publication of this presentation.

In addition, such forward-looking information includes the company’s forecasts regarding the expected dates for the completion of the projects that the company is building, the scope of the expected revenues from the projects, and the expected surpluses from the projects, data that is based, among other things, on the company’s estimates and its plans , its engagements in connection with the projects as well as the reports of the bank lending the projects.

Forward-looking information is inherently subject to risks of non-realization and such information is uncertain. The realization of the forward-looking information will be partially or fully affected by risk factors that characterize the company’s activities as well as by developments in the economic environment in which the company operates and by external factors that may affect the company’s activities. Therefore, the readers of this presentation are hereby warned that the actual results and achievements of the company in the future may be materially different from those presented in the forward-looking information presented in this presentation.

This presentation is intended for the provision of information only and does not constitute an offer to purchase the company’s securities or an invitation to receive such offers and what is stated therein does not constitute a recommendation or opinion or a substitute for the investor’s discretion. It does not take the place of an independent examination and personal advice in accordance with the special data for each client, and it also does not claim to encompass or contain all the information that may be relevant for the purpose of making an investment decision.

business card
Year of establishment – 1986
Housing units – 7,500
Years of experience – over 37
Working in Israel – over 100
Expected revenues from an accumulation of projects that have not yet been recognized – NIS 8.5 billion
Expected gross profit from an accumulation of projects that have not yet been recognized – NIS 1.6 billion
Equity – NIS 237 million
Net profit for the quarter – NIS 12 million

Highlights for the reporting period
• An increase of about 30% in equity relative to the corresponding quarter of the previous year.
• A surplus-backed bond fund was repaid in a total amount of approximately NIS 50 million. The balance of the surplus-backed bond fund as of the date of the report is approximately NIS 45 million
• By the end of 2023, the construction of 385 units will be completed in the projects: Almogim Or Yam, Almogi HILLLS, Almogim Pardesia and Robina Herzliya. The percentage of sales in them as of the date of the report is 95%, the remaining surplus – NIS 144m.
• By the end of 2023, the company will begin marketing and executing the following 930 units:
Venice Eilat Phase I – 138 units
Aloma Yavneh – 273 units (clearance for construction, 209 units for marketing)
Or Yam 2 – 208 units (of which 90 units are at a reduced price)
Rehovot – 311 units

Business Strategy
• Maximizing the profitability of projects, resulting from self-initiation and execution, including planning, marketing and in-house sales. Accumulated knowledge and involvement in the entire value chain.
• Locating transactions/lands, including through a long-standing network of contacts, with an emphasis on possible improvement potential.
• Continuation of continuous and controlled growth with a residential initiative and focus on the Sharon and Central regions.
• Increasing activity in the field of urban renewal in Pinoy Binoy complexes, including through collaborations and/or the purchase of companies.
• Selective involvement in “reduced price” projects, in demand areas only.
• Expanding activity in the yielding real estate sector in synergy with the residential activity, while utilizing the company’s strengths in initiation and construction.

Concentration of projects under construction in millions of NIS

(1) Unit number is presented according to 100%, financial data according to the share of the company: Neve Tzedek 40%, Herzliya 50%, Landmark Residence 10%
(2) After deducting surplus amounts that were released in favor of bond principal and interest repayments (series 5 and 6).

Concentration of planning and licensing projects in millions of NIS

Forward-looking information
This presentation was prepared by Almogam Holdings Ltd. (“the company”) as a general presentation about the company. The information contained in this presentation is only a summary and does not exhaust all the data about the company and its activities, and does not replace the need to review the company’s periodic report for 2022 dated March 16. 2023 published on March 19, 2023, in the quarterly report for the first quarter of 2023 published on May 16, 2023 and in the company’s current reports, before making a decision regarding investment in the company’s securities. To the extent that there is a discrepancy between what is stated in the presentation and what is stated in the company’s reports required by law, it shall prevail The said in the said reports.

The presentation may include information that was not presented in the company’s reports and reports in the past and/or was presented in a manner, characterization, editing, processing, or segmentation different from the way this information is presented in the presentation. It should be emphasized that past results do not necessarily indicate future performance.

This presentation includes forward-looking information, as defined in the Securities Law, 1968. Such information includes, among other things, forecasts, goals, assessments and estimates of the company, including information provided by means of Illustrations, graphs, reviews and any other information presented in any way, relating to future events and/or matters, the realization of which is uncertain and not under the control of the company and known to the company as of the date of publication of this presentation.

In addition, such forward-looking information includes the company’s forecasts regarding the expected dates for the completion of the projects that the company is building, the scope of the expected revenues from the projects, and the expected surpluses from the projects, data that is based, among other things, on the company’s estimates and its plans , its engagements in connection with the projects as well as the reports of the bank lending the projects.

Forward-looking information is inherently subject to risks of non-realization and such information is uncertain. The realization of the forward-looking information will be partially or fully affected by risk factors that characterize the company’s activities as well as by developments in the economic environment in which the company operates and by external factors that may affect the company’s activities. Therefore, the readers of this presentation are hereby warned that the actual results and achievements of the company in the future may be materially different from those presented in the forward-looking information presented in this presentation.

This presentation is intended for the provision of information only and does not constitute an offer to purchase the company’s securities or an invitation to receive such offers and what is stated therein does not constitute a recommendation or opinion or a substitute for the investor’s discretion. It does not take the place of an independent examination and personal advice in accordance with the special data for each client, and it also does not claim to encompass or contain all the information that may be relevant for the purpose of making an investment decision.

business card
Year of establishment – 1986
Housing units – 7,500
Years of experience – over 37
Working in Israel – over 100
Expected revenues from an accumulation of projects that have not yet been recognized – NIS 8.5 billion
Expected gross profit from an accumulation of projects that have not yet been recognized – NIS 1.6 billion
Equity – NIS 237 million
Net profit for the quarter – NIS 12 million

Highlights for the reporting period
• An increase of about 30% in equity relative to the corresponding quarter of the previous year.
• A surplus-backed bond fund was repaid in a total amount of approximately NIS 50 million. The balance of the surplus-backed bond fund as of the date of the report is approximately NIS 45 million
• By the end of 2023, the construction of 385 units will be completed in the projects: Almogim Or Yam, Almogi HILLLS, Almogim Pardesia and Robina Herzliya. The percentage of sales in them as of the date of the report is 95%, the remaining surplus – NIS 144m.
• By the end of 2023, the company will begin marketing and executing the following 930 units:
Venice Eilat Phase I – 138 units
Aloma Yavneh – 273 units (clearance for construction, 209 units for marketing)
Or Yam 2 – 208 units (of which 90 units are at a reduced price)
Rehovot – 311 units

Business Strategy
• Maximizing the profitability of projects, resulting from self-initiation and execution, including planning, marketing and in-house sales. Accumulated knowledge and involvement in the entire value chain.
• Locating transactions/lands, including through a long-standing network of contacts, with an emphasis on possible improvement potential.
• Continuation of continuous and controlled growth with a residential initiative and focus on the Sharon and Central regions.
• Increasing activity in the field of urban renewal in Pinoy Binoy complexes, including through collaborations and/or the purchase of companies.
• Selective involvement in “reduced price” projects, in demand areas only.
• Expanding activity in the yielding real estate sector in synergy with the residential activity, while utilizing the company’s strengths in initiation and construction.

Concentration of projects under construction in millions of NIS

(1) Unit number is presented according to 100%, financial data according to the share of the company: Neve Tzedek 40%, Herzliya 50%, Landmark Residence 10%
(2) After deducting surplus amounts that were released in favor of bond principal and interest repayments (series 5 and 6).

Concentration of planning and licensing projects in millions of NIS

(1) The unit number is presented according to 100%, the rest of the data is presented according to the share of the company.
(2) Including an expected increase in the number of units mainly due to the relief of the Shevas.
(3) Recently, the company was informed by the Israel Land Authority (“RAMI”) that there is expected to be a delay in handing over possession of the land due to the discovery of contamination in the land and the need to deal with its removal. Since this is a significant delay, the company was asked to inform Rami what the compensation will be requested by it in the event of delay as mentioned, and alternatively – if she wishes to cancel the contract for the purchase of the land. As of the date of the report, the company is still examining the various alternatives and considering its steps in this matter.

Concentration of urban renewal projects in millions of NIS

(1) The unit number is presented according to 100%, the rest of the data is presented according to the share of the company.
(2) The company’s share after the balance sheet date is 60%. See also light 6.c. to the financial statements.

Additional assets
• Commercial Avenue – Emek HaCarmel, Nesher – NIS 20.2 million – shown in the financial statement in the section Assets held for sale, net
About 1,600 square meters commercial
About 1,000 square meters of land with building rights
Slavery – no
• Commercial building – Bat Galim, Haifa – NIS 7.3 million – shown in the financial statement in the investment real estate section
About 200 square meters of commercial space. A building permit was approved for a hotel with 24 suites
Slavery – yes
• Apartments for rent – Almog Houses, Eilat – NIS 13.3 million – shown in the financial statement in the investment real estate and inventory section
18 apartments owned by the company.
Management and rental of approximately 700 additional housing units rented to hotels.
Slavery – yes
• Office and commercial buildings – Almog Houses, Eilat – NIS 4.3 million – shown in the financial statement in the fixed assets section
A building used for offices, commerce and a swimming pool as well as an electrical room
Encumbrance- no

Gross profit forecast in millions of NIS

Bond payments against surpluses in millions of NIS
Significant excess liquidity in the coming years to service the debt

Thank you very much!
for further details:
Michal Gor, CEO
michalg@almogim.co.il
050-5735053

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