Enhanced Investments - Financial Portal

Trading Statement

Published: 2023-03-13 17:30:52 ET

GRAND PARADE INVESTMENT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1997/003548/06)
Share code: GPL
ISIN: ZAE000119814
(“GPI”, “the Group” or “the Company”)




TRADING STATEMENT


GPI is currently finalising its results for the period ended 31 December 2022, which will be
published on or about 24 March 2023.

In terms of the JSE Limited Listings Requirements, a listed company is required to publish a
trading statement as soon as it becomes reasonably certain that the financial results for the
period to be reported on next will differ by 20% or more from the financial results for the
previous corresponding period.

The board and management are pleased to report that the Group has performed well over the
last six months. The successful implementation of GPI’s value unlock strategy together with
the improvement in the performance of GPI’s gaming assets, supported by a decrease in
corporate costs and debt, have resulted in a strong growth in earnings over the period.

Accordingly the Company hereby advises that a reasonable degree of certainty exists that for
the period ended 31 December 2022:

    -   headline earnings per share for the Group will be between 10.35 cents and 9.39 cents,
        representing an improvement of between 115% and 95% compared to the headline
        earnings per share for the group of 4.81 cents reported for the period ended 31
        December 2021; and

    -   earnings per share for the Group will be between 10.33 cents and 9.53 cents,
        representing an improvement of between 156% and 136% compared to the earnings
        per share for the Group of 4.03 cents reported for the period ended 31 December 2021.

The financial information on which this trading statement is based has not been reviewed or
reported on by the auditor of the Company.

The board of directors of the Company accepts responsibility for the information contained in
this announcement. To the best of their collective knowledge and belief, the information
contained in this announcement is true and the announcement does not omit anything likely
to affect the importance of the information contained herein.


Cape Town
13 March 2023

Sponsor
PSG Capital

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.