Enhanced Investments - Financial Portal

Trading Statement

Published: 2023-05-11 18:01:20 ET

enX Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2001/029771/06)
JSE share code: ENX ISIN: ZAE000222253
(“enX” or ‘’the Company’’ or ‘’the Group’’)


TRADING STATEMENT


 In terms of the JSE Listings Requirements, companies are required to publish a trading
 statement as soon as they are satisfied that a reasonable degree of certainty exists that the
 financial results for the period to be reported on next will differ by at least 20% from the
 financial results for the previous corresponding period.

 Shareholders are advised that the Company anticipates results for the six months ended 28
 February 2023 (‘’Current Range’’) to differ by more than 20% compared to the six months
 ended 28 February 2022 (‘’Prior Period’’), as follows:

                                    Current Range       Prior Period       Percentage
                                                                          change range
  enX Group
    EPS                                67c to 73c            33c                 -
    Diluted EPS                        67c to 73c            33c                 -
    HEPS                               67c to 73c           148c          (51%) to (55%)
  Continuing
    EPS                                67c to 73c            53c           26% to 38%
    Diluted EPS                        67c to 73c            53c           26% to 38%
    HEPS                               67c to 73c            53c           26% to 38%
  Discontinued
    EPS                                       -             (20c)                -
    Diluted EPS                               -             (20c)                -
    HEPS                                      -              95c                 -


 Trading commentary
 Revenue from continuing operations is expected to increase by around 22%.
 Profit before taxation from continuing operations is expected to increase between 20% and
 24% compared to the same period last year.
 The financial information on which this trading statement is based has not been reviewed or
 reported on by the Company’s auditors.
 11 May 2023
 Sponsor:
 The Standard Bank of South Africa Limited

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.