Edition:
United States

Trencor Ltd (TREJ.J)

TREJ.J on Johannesburg Stock Exchange

3,550.00ZAc
5:05am EDT
Change (% chg)

1.00 (+0.03%)
Prev Close
3,549.00
Open
3,450.00
Day's High
3,650.00
Day's Low
3,450.00
Volume
14,892
Avg. Vol
140,255
52-wk High
4,500.00
52-wk Low
2,500.00

Latest Key Developments (Source: Significant Developments)

Trencor updates on impact of Hanjin bankruptcy
Wednesday, 10 May 2017 10:04am EDT 

May 10 (Reuters) - Trencor Ltd ::Withdrawal Of Cautionary Announcement .Reasonable certainty that remaining impact of Hanjin bankruptcy will be charge against profit after tax and non-controlling interests of 64 million rand-128 million rand.Charge will comprise direct leasing expenses which will impact cash and other trade receivables.Charge will not result in a restatement of 2016 financial statements.It is expected that Textainer's insurance claim will be finalised late in 2017.  Full Article

Trencor says FY adjusted headline loss per share of 435.1 cents
Friday, 28 Apr 2017 11:07am EDT 

April 28 (Reuters) - Trencor Ltd ::Says trading profit after net financing costs decreased by 216% from rand1,608 million in 2015 to a trading loss of 1,862 rand million.FY headline loss per share (including effect of net realised and unrealised foreign exchange translation gains) was 435.1 cents.FY adjusted headline loss per share (which excludes effect of net unrealised foreign exchange translation gains) was 435.1 cents.  Full Article

Trencor sees 2016 headline loss per share of 400-460 c/shr
Thursday, 20 Apr 2017 08:31am EDT 

April 20 (Reuters) - Trencor Ltd :Trading Statement .Poor economic conditions seen in global container industry, bankruptcy of hanjin shipping co had materially detrimental effect on results.Sees FY 2016 headline loss per share of 400 - 460 cents per share versus HEPS of 513 cents per share year ago.Sees FY adjusted headline loss per share (excludes net unrealised forex gains on long-term receivables transaction) 400-460 cents per share versus HEPS 443 cents per share year ago.  Full Article

Trencor Unit to announces early repayment of some debt
Wednesday, 19 Apr 2017 03:53am EDT 

April 19 (Reuters) - Trencor Limited ::Textainer announces early repayment of debt.Textainer Marine Containers III Limited, which is an indirect wholly-owned subsidiary of company, will be prepaying at par plus accrued interest.Prepayment on notes with a total aggregate principal balance of more than $424 million on April 20, 2017.Intends to fund repayment of these notes with proceeds from a new debt facility arranged by several financial institutions.  Full Article

Trencor says Hennie van der Merwe to be appointed CEO at AGM
Thursday, 19 Jan 2017 02:52am EST 

Trencor Ltd : At AGM on June 6, Jimmy McQueen will retire as CEO, executive director and chairman of executive committee .Hennie van der Merwe, currently part-time exec director, will be appointed as CEO and chairman of executive committee at AGM on June 6.  Full Article

Trencor says Isam Kabbani retired from board
Thursday, 22 Dec 2016 04:38am EST 

Trencor Ltd : Isam Kabbani, a member of textainer board of directors retired from board effective November 18, 2016 . Board has determined not to fill board vacancy resulting from Kabbani's retirement .Robert Pedersen, president and chief executive of Textainer Equipment Management, effective March 31, 2017 he will retire from co.  Full Article

Trencor says H1 reults to be published on or before Oct. 21
Monday, 17 Oct 2016 01:05am EDT 

Trencor Ltd : Was not in a position to publish its interim results, as earlier expected, by 14 october 2016, due to on-going uncertainty in relation to Hanjin bankruptcy matte . Shareholders are now advised that company expects to publish its interim results on SENS on or before 21 October 2016 .Shareholders are advised to consider any announcement issued by JSE Limited in regard to Trencor's failure to timeously publish its interim results in this context.  Full Article

Trencor sees six-month headline loss between 270-280 cents per share
Wednesday, 12 Oct 2016 05:44am EDT 

Trencor Ltd : Further trading statement .Sees headline loss per share 270-280 cents for six months ended June 30.  Full Article

Trencor sees six-month headline loss 206-227 c/shr
Monday, 3 Oct 2016 05:30am EDT 

Trencor Ltd : Trading statement, delayed interim results in respect of the six months ended June 30, 2016 & cautionary announcement . Poor economic conditions experienced in global container industry have had a detrimental effect on results for six months ended June 30 . Sees HY headline loss per share 206 cents - 227 cents versus 278 cents profit year ago . Sees adjusted headline loss of 196 - 217 cents per share for six months ended June 30, 2016 versus profit of 264 cents year earlier .Impact of Hanjin Shipping Co Ltd bankruptcy on Trencor is currently being assessed.  Full Article

Trencor says NI Jowell and C Jowell retire as executive directors
Monday, 8 Aug 2016 07:26am EDT 

Trencor Ltd : Messrs NI Jowell and C Jowell retired as executive directors and members of executive committee and from all other positions within Trencor group . DM Nurek was appointed as independent non executive chairman of board in place of NI Jowell . RA Sieni (financial director) was appointed as a member of social & ethics committee in place of C Jowell .JE Mcqueen (CEO) was appointed chairman of executive committee in place NI Jowell.  Full Article

More From Around the Web

BRIEF-Trencor updates on impact of Hanjin bankruptcy

* Reasonable certainty that remaining impact of Hanjin bankruptcy will be charge against profit after tax and non-controlling interests of 64 million rand-128 million rand