Market Wrap

Market Wrap - Stock pick — Anglogold

Steven Schultz from Momentum chose Anglogold as his stock pick of the day. "I'm going to stick with my conviction and my scepticism on the market and elect for Anglogold. Markets have clearly gotten ahead of themselves even if they don't want to admit it. I think the SA rand…

9 Jun 2020 2AM 1 min

Market Wrap - Stock pick — cash

Makwe Masilela from Makwe Fund Managers chose cash as his stock pick of the day and David Shapiro from Sasfin Securities did not have a particular stock pick.​ Masilela said: "I think for now one will still be safe to hold onto ones cash because of dollar strength. Over the…

5 Jun 2020 2AM 2 min

Market Wrap - Stock pick — Remgro

Nesan Nair from Sasfin Securities chose Remgro as his stock pick of the day. "I'm going for Remgro, unbundling it's hold on RMH, and what a legendary deal that they've done. It brings an end to this era of Remgro actually controlling the FirstRand group so I think there's an…

4 Jun 2020 2AM 1 min

Market Wrap - Stock pick — Investec Property Fund

Nesi Chetty from Stanlib chose Investec Property Fund as his stock pick of the day. "Investec Property Fund is one we've liked for a while, if you look at the business model they've built up a good portfolio of assets so it is diversified across 3 regions; Australia, South Africa…

3 Jun 2020 2AM 1 min

Market Wrap - Stock pick — Intel

Imtiaz Suliman from Sentio Capital chose Intel as his stock pick of the day. "I'm going for Intel, it's a microprocessor chip company, you'll see it on most pcs which will have an Intel sticker. A very cash generative company with high market shares and they are expanding into the…

2 Jun 2020 2AM 1 min

Market Wrap - stock pick — Remgro

Waldo du Plessis from Nitrogen Fund Managers chose Remgro as his stock pick of the day "I'm going with the Remgro simply because they're doing a corporate action. They own 30% of Remgro's nav in RMH and on Wednesday they will be unbundling that RMH stake to investors. So, you're…

1 Jun 2020 2AM 1 min

Market Wrap - Stock picks — Afrimat and offshore

Sam Mokorosi from Vunani Capital chose Afrimat as his stock pick of the day and David Shapiro from Sasfin Securities chose to look offshore. Mokorosi said: Afrimat has been on our radar, we like the way that they've been making smart acquisitions at the bottom of the cycle and if…

29 May 2020 2AM 1 min

Market Wrap - Stock pick — AVI

Graeme Franck from PSG Wealth Sandton Grayston chose AVI as his stock pick of the day. "I'm going for AVI, a consumer goods company who has brands like Bakers, Freshpak Rooibos, Five Roses and Spitz shoes etc. An extremely well managed business and the price has been a little high…

27 May 2020 2AM 1 min

Market Wrap - Stock pick — NewGold Issuer

Steven Schultz from Momentum chose NewGold Issuer as his stock pick of the day. My stock pick this evening is NewGold and I think it is definitely time for investors to takeout a little bit of insurance and it doesn't get better than being gold of course and I think…

26 May 2020 9AM 1 min

Market Wrap - Stock pick — Disney

Caroline Cremen from Adviceworx chose Disney as her stock pick of the day. "My pick right now is Walt Disney listed in the US. This is not just Mickey Mouse, they own sports networks, theme parks and cruise liners. Obviously every single one of those sectors just got hammered down…

25 May 2020 2AM 1 min

Market Wrap - Stock picks — off-shore and Prosus

David Shapiro from Sasfin Securities chose to look off-shore as a stock pick option and Martin Smith from Anchor Capital chose Prosus. "I agree with David around offshore equities at the moment. I think that is where I'm looking but at can we maybe get a bit of a bounce…

22 May 2020 2AM 1 min

Market Wrap - Stock pick — Northam Plats

Andile Buthelezi from Sentio Capital chose Northam Platinum as his stock pick. "I'm going for Northam Platinum, recent weakness over the last few months is providing a decent entry opportunity. Decreasing capex profile, increasing production growth into a supportive pgm price environment and all the pg counters in general have…

21 May 2020 2AM 1 min

Market Wrap - Stock pick — MTN

Nick Kunze from Sanlam Private Wealth chose MTN as his stock pick of the day. "We like MTN, we favour it at the moment, I think I mentioned last time on your show we were buying it under R50 a share and we think it offers compelling value on these…

20 May 2020 2AM 1 min

Market Wrap - Stock pick — PSG Preference Shares

Nolwandle Mthombeni from Mergernce Investment Managers chose PSG Group Preference Shares as her stock pick of the day. ​"PSG pref shares is my pick and also because it's a cumulative preference share your dividend is basically guaranteed even if they don't come now, in addition they've got a strong balance…

19 May 2020 2AM 1 min

Market Wrap - Stock pick — cash

Viv Govender from Rand Swiss Offshore chose cash as his stock pick of the day. "I'm still concerned about the decoupling between the economy and the market and that's why I'm still staying in cash, I just don't see value out there right now. Yes, it's possible that all these…

18 May 2020 2AM 1 min

Market Wrap - Stock pick — Prosus

Nesan Nair from Sasfin Securities chose Prosus as his stock pick of the day. "You have got to go for Prosus, it certainly looks like the value add is taking place. If you take Naspers, Prosus and Multichoice, which came out of Naspers and you add them all up, you…

13 May 2020 2AM 1 min

Market Wrap - Stock pick — AB InBev

Graeme Franck from PSG Wealth Sandton Grayston chose AB InBev as his stock pick of the day. "At this stage you just have to go for quality, I think Anheuser-Busch is looking fantastic, it peaked at just a shade under R2000 a shares and is now at around R800, this…

11 May 2020 2AM 1 min

Market Wrap - Stock picks — Sygnia and Prosus

David Shapiro from Sasfin Securities chose Sygnia Fourth Industrial Revoulution Fund as his stock pick of the day and Sam Mokorosi from Vunani Capital chose Prosus. "I've been doing quite a bit of work on some of our trackers and there's been a Nasdaq tracker that's up at least 20%…

8 May 2020 2AM 1 min

Market Wrap - Stock pick — Liberty

Waldo du Plessis from Nitrogen Fund Managers chose Liberty as his stock pick of the day. "I'm going to go with Liberty tonight, I think the CEO has done a good job of turning the business around before Covid-19, it's priced lower than the peer group and I think Liberty…

7 May 2020 2AM 1 min

Market Wrap - Stock pick — Equites Property Fund

Nesi Chetty from Stanlib chose Equites Property Fund as his stock pick of the day. "The one sector that we have favoured in property is logistics, we like a company called Equites. It reported results on Tuesday and I think in this market you are either going to be in…

6 May 2020 2AM 1 min