POY
POY
POY - Poynting Holdings Limited - Revised trading statement
POYNTING HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1997/011142/06)
Share code: POY ISIN: ZAE000121299
("Poynting" or "the Company")
REVISED TRADING STATEMENT
In terms of the Listings Requirements of JSE Limited ("the Listings
Requirements"), companies are required to publish a trading statement as
soon as they become reasonably certain that the financial results for the
period to be reported on will differ by more than 20% from the previous
corresponding period.
Further to the trading statement released on SENS on 9 March 2011, a review
of the financial results for the six months ended 31 December 2010, by
management, has indicated that the loss per share is expected to be between
2.90 and 3.41 cents and the headline loss per share is expected to be
between 1.60 and 2.11 cents compared to an earnings per share and headline
earnings per share of 2.55 cents for the six months ended 31 December 2009.
Trading results for the first six months includes non cash items amounting
to R5.3 million. The order delivery schedule for the Defence Division will
also result in a much stronger second half performance for the Company.
The financial information on which this trading statement is based has not
been reviewed or reported on by Poynting`s auditors. Poynting`s interim
financial results are expected to be released on SENS on or about 29 March
2011.
Johannesburg
24 March 2011
Designated Adviser
Merchantec Capital
Date: 24/03/2011 14:35:01 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
