BNT - Bonatla - Trading update and further renewal
BNT
BNT
BNT - Bonatla - Trading update and further renewal of cautionary
BONATLA PROPERTY HOLDINGS LIMITED
(Registration number 1996/014533/06)
Share code: BNT & ISIN: ZAE000013694
("Bonatla" or "the company")
TRADING UPDATE AND FURTHER RENEWAL OF CAUTIONARY
In compliance with paragraph 3.4 of the Listing 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 differ by at least 20% from those of the previous reported period.
Bonatla wishes to advise shareholders that the loss reported in the previous
corresponding period has been turned around to a profit for the twelve months
ended 30 September 2006. Consequently, the headline loss per share is expected
to be between 2.4 and 2.6 cents for the twelve months ended 30 September 2006,
as compared to a headline loss of 8.51 cents per share for the twelve months
ended 30 September 2005. Similarly, the earnings per share for the twelve
months ended 30 September 2006 are expected to be between 0.05 and 0.15 cents
per share, compared to the loss of 8.51 cents per share for the twelve months
ended 30 September 2005.The preliminary results are expected to be released on
or about 29 December 2006
The financial information on which this trading statement has been based has not
been reviewed or reported on by the group`s auditors.
In addition, shareholders are advised that the previous cautionary is once again
renewed, as negotiations have reached the final stages. Shareholders are
advised to continue to exercise caution when dealing in their Bonatla shares.
A more detailed announcement will be made in due course.
Sandton
19 December 2006
Sponsor
Vunani Corporate Finance (Pty) Limited
Date: 19/12/2006 17:34:01 Produced by the JSE SENS Department.
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