Enhanced Investments - Financial Portal

Year end trading statement

Published: 2022-10-12 18:00:23 ET

 NU-WORLD HOLDINGS LIMITED
 (Incorporated in the Republic of South Africa)
 (Registration Number 1968/002490/06)
 Share Code: NWL ISIN code: ZAE000005070
 (“Nu-World” or “the Company)


Trading statement

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

For the year ended 31 August 2022 shareholders are advised that:

    •   headline earnings per share of between 357,8 cents and 422,9 cents, corresponding to a
        decrease of between 35% and 45% in comparison to 650,6 cents reported for the full year
        ended 31 August 2021 (“Previous Corresponding Period”); and
    •   earnings per share of between 360,4 cents and 425,9 cents, corresponding to a decrease of
        between 35% and 45% in comparison to 655,2 cents reported for the full year ended 31 August
        2021 for the Previous Corresponding Period

The decrease is mainly due to a severely distressed global economy, the negative impact of the July
2021 looting and insurrection, combined with weak volume growth, subdued selling price inflation and
reduced consumer discretionary spend.

The financial results for the period ended 31 August 2022 will be published on or about 20 October
2022.
Johannesburg


12 October 2022

JSE Sponsor to Nu-World




Questco Corporate Advisory 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.