Enhanced Investments - Financial Portal

Trading Statement – 2023 Interim Financial Statements

Published: 2023-06-05 13:20:21 ET

Steinhoff Investment Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1954/001893/06)
JSE Code: SHFF
ISIN: ZAE000068367
("Steinhoff Investments", or "Company")


TRADING STATEMENT – 2023 INTERIM FINANCIAL STATEMENTS
Steinhoff Investments is a wholly-owned subsidiary of Steinhoff International Holdings N.V. and
is the issuer of variable rate, cumulative, non-redeemable, non-participating preference shares
with a capital value of R1.5 billion. The preference shares are listed on the JSE.
In terms of paragraph 3.4(b) 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 next reporting period will differ by 20% or more from those of the previous corresponding
period.
Accordingly, a review of the financial results for the six months ended 31 March 2023 by
management has indicated, with a reasonable degree of certainty, that for Steinhoff Investments:
    •   earnings per ordinary share is expected to be between 2 500.00 cents and 7 500.00 cents
        compared to an earnings per share of 26 543.59 cents in the previous corresponding
        period, which equates to a decrease of between 90.6% and 71.7%; and
    •   headline earnings per ordinary share is expected to be between 2 000.00 cents and 7
        000.00 cents compared to 26 636.31 cents in the previous corresponding period which
        equates to a decrease of between 92.5% and 73.7%.
The financial information on which this trading statement is based has not been reviewed or
reported on by Steinhoff Investments’ auditors. Steinhoff Investments financial results for the six
months ended 31 March 2023 are expected to be released on SENS on or about 19 June 2023.


Stellenbosch, 5 June 2023
JSE 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.