Enhanced Investments - Financial Portal

Trading Statement for the year ended 31 March 2023

Published: 2023-06-26 15:25:18 ET

                                 Primeserv Group Limited
                        (Incorporated in the Republic of South Africa)
                            (Registration number 1997/013448/06)
                               ("Primeserv” or “the company”)
                         Share code: PMV      ISIN: ZAE000039277

                          TRADING STATEMENT
                   FOR THE YEAR ENDED 31 MARCH 2023


In terms of the Listings Requirements of the JSE Limited, companies are required to publish a
trading statement as soon as they become aware that the financial results for the period to
be reported upon next may differ by at least 20% from the financial results for the previous
corresponding period.

Primeserv accordingly advises that management’s review of the financial results expected for
the year ended 31 March 2023 has indicated that Primeserv will reflect earnings of between
22.70 cents per share and 24.20 cents per share, in comparison to the earnings per share of
18.36 cents for the year ended 31 March 2022, and headline earnings per share of between
22.75 cents per share and 24.25 cents per share in comparison to the headline earnings per
share of 18.36 cents for the year ended 31 March 2022. This represents an increase in
earnings per share of between 24% and 32% and an increase in headline earnings per share
of between 24% and 32%.

The financial results on which this trading statement has been based have not been reviewed
or reported on by the company’s auditors. The financial results of the company will be
published on or about Thursday, 29 June 2023.


26 June 2023
Illovo, Sandton

Sponsor
Grindrod Bank 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.