JSE-listed South African telematics company, DigiCore Holdings Limited, recently scooped top honours in the ‘Companies with market capitalization below R3 billion’ category of the prestigious IAS Awards, held in Johannesburg in April this year.

The IAS (The Investment Analysts Society of South Africa) hosts the annual awards ceremony “in recognition of the skills of those listed companies who win the award for ‘Best Communicating and Reporting’ during the previous financial year,” states the society’s website.

As a global leader in the field of vehicle telematics, DigiCore is best known for its C-track range of fleet management and vehicle tracking products, deployed in thousands of private and public fleets in Africa, Asia, Europe and the Middle East. Facing tough competition, this is the first time DigiCore has won the award.

According to DigiCore Holdings CEO, Nick Vlok, “as a public company, DigiCore goes to great lengths to constantly improve its communications with investors. It is at top priority to report properly and transparently every six months to existing and future shareholders. We are always available to meet one-on-one (except in closed period) with analysts and shareholders to explain what we are busy with. A lot of time and effort is spent in preparing our presentations and annual report, always keeping good corporate governance in mind.”

In the wake of the recent global recession, closer scrutiny is being placed on public companies by the international investment community, making it all the more important for listed companies to have a comprehensive communication strategy that includes all company stakeholders. To ensure its strategy for good corporate governance remains on-track, DigiCore has enlisted the services of Professor Ben Marx from the University of Johannesburg, who acts as chairman on DigiCore’s audit and risk committee.

“Our shareholders, customers and staff are equally important to us. Open communication with stakeholders is of the essence for the management team. We make a serious effort to, every six months, be on all radio and TV business programs to ensure our investors know what we have been up to and are planning for the future. We have experienced some of the top investment companies approaching us to take up substantial stakes directly after the presentations and round table discussions,” says Vlok.

The IAS Awards judging panel chose its winners according to a set of criteria based on the effectiveness of several communication platforms used by listed companies to report to their investors, including; live presentations of results with question and answer sessions, printed annual reports, content-rich websites, audio-visual material on company performance etc..

“The judges, who are all investment analysts, look for communications that enhance the quality of their forecasting and DigiCore just so happens to be a world-leader in the business of leveraging data into enterprise intelligence, albeit in the automotive arena. As such, best-practice in reporting is second nature to us. We also appreciate the fact that the success of our stock is partly based on the symbiotic relationship we share with investment analysts – accuracy is everything and by supplying analysts with all the necessary information, our investors are able to make properly informed decisions regarding their DigiCore shares,” adds Vlok.

With ongoing product R&D and a growing global footprint, DigiCore is not about to rest on its laurels: “Divulging our ‘future plans’ to our stakeholders is an integral part of our investor-relations’ strategy. We have always moved forward with a clear vision of where the company is headed and over the last ten years as a public entity, have become very good at communicating that vision effectively. Winning this award indicates that we are on the right track and will surely inspire us to do even better in future,” Vlok concludes.

Formed in 1998, DigiCore Holdings is a leading GPS/GSM vehicle management and tracking solutions provider. It specialises in the development of cutting edge vehicle monitoring technologies, providing measurable business and operational benefits to its clients by facilitating total visibility and control of their mobile assets. The group's leading products and services have ensured it becomes the most comprehensive industry service provider in South Africa.

JSE-listed South African telematics company, DigiCore Holdings Limited, recently scooped top honours in the ‘Companies with market capitalization below R3 billion’ category of the prestigious IAS Awards, held in Johannesburg in April this year.

The IAS (The Investment Analysts Society of South Africa) hosts the annual awards ceremony “in recognition of the skills of those listed companies who win the award for ‘Best Communicating and Reporting’ during the previous financial year,” states the society’s website.

As a global leader in the field of vehicle telematics, DigiCore is best known for its C-track range of fleet management and vehicle tracking products, deployed in thousands of private and public fleets in Africa, Asia, Europe and the Middle East. Facing tough competition, this is the first time DigiCore has won the award.

According to DigiCore Holdings CEO, Nick Vlok, “as a public company, DigiCore goes to great lengths to constantly improve its communications with investors. It is at top priority to report properly and transparently every six months to existing and future shareholders. We are always available to meet one-on-one (except in closed period) with analysts and shareholders to explain what we are busy with. A lot of time and effort is spent in preparing our presentations and annual report, always keeping good corporate governance in mind.”

In the wake of the recent global recession, closer scrutiny is being placed on public companies by the international investment community, making it all the more important for listed companies to have a comprehensive communication strategy that includes all company stakeholders. To ensure its strategy for good corporate governance remains on-track, DigiCore has enlisted the services of Professor Ben Marx from the University of Johannesburg, who acts as chairman on DigiCore’s audit and risk committee.

“Our shareholders, customers and staff are equally important to us. Open communication with stakeholders is of the essence for the management team. We make a serious effort to, every six months, be on all radio and TV business programs to ensure our investors know what we have been up to and are planning for the future. We have experienced some of the top investment companies approaching us to take up substantial stakes directly after the presentations and round table discussions,” says Vlok.

The IAS Awards judging panel chose its winners according to a set of criteria based on the effectiveness of several communication platforms used by listed companies to report to their investors, including; live presentations of results with question and answer sessions, printed annual reports, content-rich websites, audio-visual material on company performance etc..

“The judges, who are all investment analysts, look for communications that enhance the quality of their forecasting and DigiCore just so happens to be a world-leader in the business of leveraging data into enterprise intelligence, albeit in the automotive arena. As such, best-practice in reporting is second nature to us. We also appreciate the fact that the success of our stock is partly based on the symbiotic relationship we share with investment analysts – accuracy is everything and by supplying analysts with all the necessary information, our investors are able to make properly informed decisions regarding their DigiCore shares,” adds Vlok.

With ongoing product R&D and a growing global footprint, DigiCore is not about to rest on its laurels: “Divulging our ‘future plans’ to our stakeholders is an integral part of our investor-relations’ strategy. We have always moved forward with a clear vision of where the company is headed and over the last ten years as a public entity, have become very good at communicating that vision effectively. Winning this award indicates that we are on the right track and will surely inspire us to do even better in future,” Vlok concludes.

Formed in 1998, DigiCore Holdings is a leading GPS/GSM vehicle management and tracking solutions provider. It specialises in the development of cutting edge vehicle monitoring technologies, providing measurable business and operational benefits to its clients by facilitating total visibility and control of their mobile assets. The group's leading products and services have ensured it becomes the most comprehensive industry service provider in South Africa.