Enhanced Investments - Financial Portal

S/F: Unaudited Interim Condensed Consolidated Results for 6 months ended 31 August 2023

Published: 2023-11-01 17:44:19 ET

                                  VISUAL INTERNATIONAL HOLDINGS LIMITED
                                (Incorporated in the Republic of South Africa)
                                    (Registration number 2006/030975/06)
                             ISIN Code: ZAE000187407           Share code: VIS
                                        (“Visual” or “the Company”)


  SHORT-FORM ANNOUNCEMENT - UNAUDITED INTERIM CONDENSED CONSOLIDATED RESULTS FOR THE
                          SIX MONTHS ENDED 31 AUGUST 2023


Salient Features
Extracted from the unaudited interim condensed consolidated results for the six months ended 31 August
2023:

                                                  31 August             31 August
                                                        2023                  2022        Percentage
                                                            R                     R          Change
 Revenue                                           1 072 656                11 587             9 157%
 Operating loss                                  (3 753 061)           (3 611 240)              (3.9%)
 Headline loss per share                               (0.63)                (0.72)             12.5%
 Loss per share                                        (0.63)                (0.72)             12.5%
 Dividend                                                   -                     -                  -
 Net asset value per share                             (5.43)                (4.39)           (23.7%)

Short-form Announcement
The short-form announcement is the responsibility of the directors of the Company. It contains only a
summary of information set out in the full announcement which is available on the Company’s website
(www.visualinternational.co.za) (“Full Announcement”). This announcement does not contain full or
complete details and any investment decisions by investors and/or shareholders should be based on
consideration of the Full Announcement as a whole, a link to which has been published on SENS and is
available at:

https://senspdf.jse.co.za/documents/2023/JSE/ISSE/VIS/VISIR23.PDF

https://visualinternational.co.za/investorrelations/SENS

Copies   of    the     Full   Announcement        may     be    requested     from  the   Company
(leeanne@visualinternational.co.za) or inspected at the registered office of the Company and/or the
Designated Advisors’ office, at no charge, during office hours.

By order of the Board
Cape Town
1 November 2023

Directors: CK Robertson; R Kadalie; RR Richards*#; CT Vorster*#; LT Matholwa*# Z Mbokazi*#
(* non-executive # independent)
Registered Address: 23 Kleinplaas, Hohenort Street, Stellenberg, 7550 (PO Box 3163, Tyger Valley, 7536)
Company Secretary: Light Consulting Proprietary Limited
Transfer Secretaries: JSE Investor Services Proprietary Limited, 13th Floor, 19 Ameshoff Street,
Braamfontein, 2017
Designated Advisor: AcaciaCap Advisors Proprietary Limited
Website: www.visualinternational.co.za

                                         Designated Advisor
                                 AcaciaCap Advisors Proprietary 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.