Top re­sults for a top com­pany

Finweek English Edition - - MARKET PLACE -

The Dis­cov­ery* re­sults were great. The num­bers are hard to wrap one’s head around but the com­men­tary shows a great com­pany with sev­eral great un­der­ly­ing busi­nesses. White la­belling Vi­tal­ity is work­ing great and the Chi­nese op­er­a­tion, Ping An Health, is also do­ing very well, adding over 100 000 clients in De­cem­ber. Over­all Dis­cov­ery is many busi­nesses all work­ing to­gether, and in many cases they are still in early or mid-stages of devel­op­ment. The good news was that no rights is­sue is ex­pected. We are also start­ing to see prof­its flow, al­though cash flow is not yet in top gear. I am a happy share­holder and Dis­cov­ery re­mains one of my top hold­ings on the JSE.

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