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Research archive for DSY

Discovery 9 month trading update

27 June 2011

On Friday Discovery released a trading statement for the nine months ended 31 March 2011. Now this is a company that has done fantastically well over the last 3 years. In fact they have nearly doubled in market cap since June 2008 trading at around R20 then to around R38 currently. This often means that investors have high expectations whenever numbers are released. Well, it looks like they are managing to maintain that upward trend with some good looking growth expected.

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Discovery results first Half 2011

23 February 2011

Discovery results yesterday for the six months to end December. We watched the results presentation here in our offices on the television. We did not step away from our desks, we answered the phones and heard the same that those loafing sitting in the presentation hall heard. I really hate to drum on about this point, but why use the old traditional way when you can use the new time efficient one? Like I tweeted, no free lunch was the worst part about not being there. But the magical Mavis made us a marvellous lunchtime sandwich and we were happy. Adrian Gore is nothing short of falling into the same category as Mavis Bande (our office manager, she does EVERYTHING). And that category is excellent.

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