BNT
BNT
BNT - Bonatla Property Holdings - Trading update
BONATLA PROPERTY HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1996/014533/06)
Share code: BNT
ISIN code: ZAE000013694
("Bonatla" or "the company")
TRADING UPDATE
In terms of paragraph 3.4(b)(i) of the Listings Requirements of the JSE
Limited, listed companies are required to publish a trading statement as soon
as they become reasonably certain that the financial results for the next
period to be reported on will be more than 20% different from those of the
previous corresponding period or from a profit forecast previously provided
to the market in relation to such period.
The board would like to advise shareholders that compared to the previous
financial period:-
1. Bonatla has now returned to profitability and the earnings per share is
expected to improve by between 120% and 130% when compared to the previous
period, which reflected a loss per share of 0,70 cents
2. Bonatla has now returned to profitability and the headline earnings per
share is expected to improve by between 150% and 160% when compared to the
previous period, which reflected a headline loss per share of 0,70 cents
3. The net asset value per share in the previous period of 31.45 cents per
share is expected to decrease by between 1% and 4%, representing a small
reduction in the net asset value per share. This was due to further issue
of shares.
The financial results for the period ending 30 June 2010 will be published
within 72 hours of this announcement.
The financial information on which this trading statement is based has not been
reviewed by the company`s auditors. Johannesburg
30 September 2010
Sponsor: Arcay Moela Sponsors (Pty) Limited
Date: 30/09/2010 15:32:01 Produced by the JSE SENS Department.
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