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market is expected to increase the penetration of small
credit providers such as Viscacom. However, the current
high cost of financing working capital for the group is
inhibiting profitability. The board is endeavouring to
source short term finance on less onerous terms.
As an investment holding company registered on the
Venture Capital Market of the JSE, the company will con-
tinuing to look for opportunities to grow shareholder
value. Our Board is highly qualified in terms of corpo-
rate governance, listing requirements and although we
might encounter certain JSE restrictions and have to
engage with shareholders to grow JDH , we will do so
continually to explore all avenues within the strategy
which will add value to the group and subsequently all
the stakeholders.
On behalf of the non-executive directors I wish to thank
the Executive for their sterling work in turning JDH around
into a company which now projects a bright future.
Richard Connellan
December 2011
Unless you walk out into the unknown,
the odds of making a profound
difference in your life are pretty low.
- Tom Peters