STA
STA
STA - StratCorp - Trading Statement
STRATCORP LIMITED
(Registration number 2000/031842/06)
(JSE Code: STA & ISIN: ZAE000034294)
("StratCorp" or "the Company")
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Limited ("JSE"), a listed
company is required to publish a trading statement as soon as it becomes aware
that its financial results for the next reporting period will differ by 20% or
more from those of the corresponding period of the previous year.
The board of directors of StratCorp advise that:
- For the six months ending 31 August 2007
Both its restated basic earnings and headline earnings per share of 3.63 cents
per share for the six months ended 31 August 2006 are expected to increase to
between 10 cents per share and 12 cents per share for basic earnings and
headline earnings for the six months ending 31 August 2007. The restatement is
as a result of a change in the company`s accounting policy in the 2007
financial year with respect to the treatment of unlisted investments held for
trading, the changes which were set out in detail in the annual financial
statements for the year ended 28 February 2007. The company uses only the
lower of cost or the net asset valuation of its investments in unlisted
companies as per IAS39;
- For the year ending 28 February 2008
Both its basic earnings and headline earnings per share of 17.22 cents per
share for the year ended 28 February 2007 are expected to increase to between
22 cents per share and 24 cents per share for basic earnings and headline
earnings for the year ending 29 February 2008.
The forecast contained in this trading statement has been reviewed and
reported on by the company`s external auditors.
Centurion
24 July 2007
SPONSOR
EXCHANGE SPONSORS (PTY) LIMITED
Date: 24/07/2007 14:51:33 Produced by the JSE SENS Department.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
