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Labat Africa Ltd (LABJ.J)

LABJ.J on Johannesburg Stock Exchange

18 Jan 2017
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Latest Key Developments (Source: Significant Developments)

Labat Africa sees H1 HEPS of 2.83 cents
Wednesday, 1 Jun 2016 11:26am EDT 

Labat Africa Ltd :H1 headline earnings will 2.83 cents per share, representing an increase of 370% on headline loss per share of -1.05 cents for comparable period.  Full Article

Labat Africa Ltd announces final terms regarding acquisition of Reinhardt Transport Group
Friday, 12 Jun 2015 02:45am EDT 

Labat Africa Ltd:Says company and RTG have now concluded an agreement for acquisition subject to certain conditions precedent.Will acquire 100 pct of RTG for consideration of 645 mln Rand.It is intended that financing will be structured by way of 325 mln Rand of debt and balance through private placement of shares in Labat.Intends issuing 240 mln new Labat shares at 150 cents per share to settle balance of consideration.Effective date of transaction is Aug. 1.  Full Article

BRIEF-Labat Africa expects profit for FY ended Aug. 31 vs loss yr ago

* Will report improved results for FY ended Aug. 31 2016 by more than 100 pct compared to comparative period, moving from a loss to a profit

No consensus analysis data available.