4 replies to this topic

[Goliath]

Isn't it due to the dilution effect of the extra shares in the market,saw it somewhere in the SENS..?

[gamma]

Why is earnings up 36% and HEPS only 10%?

[Goliath]

I'd say fairly nice results given the climate..

[Goliath]

Transaction Capital Limited
Registration number: 2002/031730/06
(Incorporated in the Republic of South Africa)
("Transaction Capital" or "the company" or "the group")
JSE share code: TCP ISIN: ZAE000167391
Taxation registration number: 9466/298/15/6

UNAUDITED FINANCIAL RESULTS
FOR THE HALF-YEAR ENDED 31 MARCH 2013

- TOTAL INCOME R2 504 million
up 21.8% (2012: R2 055 million)
- NON-INTEREST REVENUE R1 182 million
up 15.8% (2012: R1 021 million)
- GROSS LOANS AND ADVANCES R10 785 million
up 27.3% (2012: R8 471 million)
- HEADLINE EARNINGS R233 million
up 36.3% (2012: R171 million)
- WEIGHTED AVERAGE NUMBER OF SHARES 583.8 million
up 23.3% (2012: 473.4 million)
- HEADLINE EARNINGS PER SHARE 39.9 cents
up 10.5% (2012: 36.1 cents)
- NET ASSET VALUE PER SHARE 527.6 cents
up 30.1% (2012: 405.5 cents)
- RETURN ON EQUITY 15.6%
down 20.4% (2012: 19.6%)
- MAIDEN INTERIM DIVIDEND PER SHARE
up 9 cents (2012: 0 cents)

[Goliath]

Opinions about this one from the members? Relatively new company so could understand the current prices given the unlending situation at the moment etc, but had a look at the last financials - seems quite good actually, with solid management and with the current price I'm really tempted to get a few.. opinions?