PPE
PPE
PPE - Purple Capital Limited - Trading Statement
Purple Capital Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/013637/06)
Share code: PPE & ISIN: ZAE000071411
("the company")
Trading Statement
This trading statement is issued in compliance with the Listings
Requirements (section 3.4(b)) of the JSE Limited and is in respect of the
results for the six months ended 28 February 2007, as well as the restated
results for the six months ended 28 February 2006, which are expected to be
published on or about 5 April 2007. The financial information on which this
trading statement is based has not been reviewed or reported on by the
company`s auditors.
The directors are satisfied that a reasonable degree of certainty exists
that there will be an improvement in earnings and headline earnings per
share, from the previously reported loss of 0.9 cents per share for the six
months ended 28 February 2006, to a profit of between 6 and 7 cents per
share for the six months ended 28 February 2007. Earnings and headline
earnings per share for the six months ended 28 February 2007 are expected
to be up by between 30% and 50% compared to the unpublished restated
results for the six months ended 28 February 2006. The improvement in
earnings is largely due to fair value adjustments of investments held by
the company.
Johannesburg
15 March 2007
Sponsor: Bridge Capital Advisors (Pty) Limited
Date: 15/03/2007 16:44:01 Produced by the JSE SENS Department.
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