Zeder Investments Ltd. provided earnings guidance for the six months ended August 31, 2018. For the period, the company expects recurring headline earnings per share will be between 9.5 cents and 10.1 cents, or between 150.0% and 165.8% higher than the 3.8 cents reported for the six-month period ended 31 August 2017; Headline earnings per share will be between 29.9 cents and 30.7 cents, or between 595.3% and 614.0% higher than the 4.3 cents reported for the six-month period ended 31 August 2017; and attributable earnings per share will be between 26.8 cents and 27.8 cents, or between 262.2% and 275.7% higher than the 7.4 cents reported for the six-month period ended 31 August 2017. The significant increase in it's recurring headline earnings per share during the period under review is mainly due to a strong recovery in earnings from most of its underlying investee companies compared to the previous period. The company's headline earnings per share increased mainly as a result of the above, and due to the upward fair value adjustment of the investment in Joy Wing Mau (previously known as Golden Wing Mau), which is in process of being disposed of as announced on the JSE Limited's Stock Exchange News Service (SENS) on 21 September 2018. Attributable earnings per share increased by a lower percentage than headline earnings per share mainly due to an impairment in Agrivision goodwill in the current period in contrast to a non-headline profit on disposal of underlying business operations at a subsidiary level during the previous period.