TMT - Trematon Capital Investments Limited - Trading Statement
TMT
TMT
TMT - Trematon Capital Investments Limited - Trading Statement
Trematon Capital Investments Limited
(Incorporated in the Republic of South Africa)
Registration number 1997/008691/06
Share code: TMT
ISIN: ZAE000013991
("Trematon" or "the Company")
TRADING STATEMENT
Shareholders are advised that Trematon`s loss/earnings and headline earnings per
share for the year ended 31 August 2009 will be a loss of approximately 1.3
cents per share and headline earnings of approximately 4.5 cents per share
compared to earnings of 19.7 cents per share and headline earnings of 5.5 cents
per share for the previous comparable period, being the year ended 31 August
2008. The net asset value of the company is expected to decrease from 84 cents
per share for the previous comparable period to approximately 81 cents per
share.
The reason for the reduction in earnings, headline earnings and net asset value
is the impairment of the value of certain property holdings at Club Mykonos
Langebaan Limited, non-recurring restructuring expenses incurred at the Club
Mykonos Head Office and the writedown of an investment in a BEE entity.
The financial information in this trading statement has not been reviewed by the
company`s auditors. The audited year end results will be published on or about
18 November 2009.
Cape Town
13 November 2009
Sponsor
Sasfin Capital
A division of Sasfin Bank Limited
Date: 13/11/2009 13:45:02 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
