Labat, the embattled technology company chaired by rugby boss Brian van Rooyen, renewed a cautionary notice today that was first issued on 11 November.
The Stock Exchange News Service Announcement does not give any specifics, and just advises shareholders to exercise caution when trading.
Van Rooyen issued a statement in late November saying the group "looks set to continue generating good profits and cashflow for the second half of the year and into 2006".
The group is in the midst of a restructuring exercise that Van Rooyen says will be finalised early in the new-year and leave Labat with just two core businesses - SAMES and Labat Traffic Solutions.
Van Rooyen says SAMES is back on track and is almost at breakeven. The business is projecting profits for 2007.
A Johannesburg Stock Exchange trader says Labat`s share price was unchanged at 15 cents in mid-morning trade with about 1 000 shares changing hands.
"Nothing exciting here and nothing exciting is expected from whatever they do," the trader says.
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