|
UBU
UBU
UBU - Ububele Holdings Limited - Trading Statement
Ububele Holdings Limited
Incorporated in the Republic of South Africa
(Registration number: 1998/011074/06)
Share code: UBU
ISIN Code: ZAE000144739
("Ububele" or "the Company")
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Limited, a listed company is
required to publish a trading statement as soon as it becomes aware that the
financial results for the next period to be reported on will show a 20% or more
difference from those of the previous corresponding period.
Ububele hereby advises that a reasonable degree of certainty
exists that, for the six months ended 31 December 2011:
* headline earnings per share from continuing operations will be between 5.32
cents and 6.28 cents or between 10% to 30% higher than that for the six
months ended 31 December 2010;
* attributable earnings / (loss) per share from continuing operations will be
between (9.25) cents and (10.53) cents or between 244% to 264% lower than
that for the six months ended 31 December 2010;
* headline earnings per share from all operations (including discontinued
operations) will be between 1.67 cents and 2.63 cents or between 46% to 66%
lower than that for the six months ended 31 December 2010; and
* attributable earnings / (loss) per share from all operations (including
discontinued operations) will be between (12.90) cents and (14.18) cents or
between 301% to 321% lower than that for the six months ended 31 December
2010.
Management continued with the restructuring and aggressive cost cutting at Just
Fruit and Veg (Pty) Limited ("Just Fruit and Veg") during the six month period
ended 31 December 2011. While management have been relatively successful in the
restructuring and the aggressive cost cutting exercise, Just Fruit and Veg
continues to be a loss making business. As such the board has decided to fully
impair the investment in Just Fruit and Veg. Just Fruit and Veg will be
classified as a discontinued operation in the results for the six months ended
31 December 2011.
This financial information has not been reviewed or reported on by the auditors
of Ububele. The results for the six months ended 31 December 2011 will be
published on or about 29 March 2012.
5 March 2012
Designated Adviser
PSG Capital (Pty) Limited
Date: 05/03/2012 16:55:01 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. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
