Not logged in
  Home   Markets   Shares   Funds   Portfolio   Toolbox   Charting   Alerts   Directory   
 Admin   

Fri 4 Sep 2015, 16:00 AH-VEST LIMITED - Initial trading statement
AHL 201509040051A
Initial trading statement

AH-VEST LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1989/000100/06)
(“AH-Vest” or “the company”)
Share code: AHL        ISIN code: ZAE000129177


INITIAL TRADING STATEMENT


In terms of paragraph 3.4(b)(i) of the Listings Requirements of the Johannesburg Stock
Exchange, 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.

Shareholders are advised that the company expects to achieve a break-even position for
the year ended 30 June 2015 compared with a loss for the year ended 30 June 2014.

For the year ended 30 June 2014, the company recorded a loss and headline loss of (4.41)
cents per share and a continuing loss and headline loss of (5.34) cents per share.
Accordingly, an improvement of approximately 100% to a breakeven position is expected
although a range cannot yet be provided.

The company has improved its position following the successful relocation of the Tarlton
factory to Eikenhof as well as a substantial improvement in service delivery levels
compared to the prior year. New production lines have been commissioned at the new
Eikenhof factory as well as new products and product innovation.

The financial information, on which this trading statement is based, has not been reviewed
or reported on by the company’s auditors.

Johannesburg
4 September 2015

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

Date: 04/09/2015 04:00:00 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  ]
  


Powered by ProfileData

Profile Mobile App Google Play Store Apple App Store


Follow us on: