Market Wrap

Market Wrap - Stock Pick — Rhodium ETF

Sam Mokorosi from Vunani Capital chose Rhodium ETF as his stock pick of the day. "Last time I was here I mentioned the Rhodium ETF, it's a substitute for platinum in the auto catalytic converter market and it's continuing to run although it had a bit of a slip under…

13 Sep 2019 2AM 8 min

Market Wrap - Stock Pick — Motus

Nolwandle Mthombeni from Mergence Investment Managers chose Motus Holdings Ltd as her stock pick of the day. "So I'm going with Motus and the one thing that I want to say is 'second-hand markets'. So the news the only thing that you get to see is the is the new…

12 Sep 2019 2AM 7 min

Market Wrap - Stock Pick — Naspers

Graeme Franck from PSG Wealth Sandton chose Naspers as his stock pick of the day. "I'm going with Naspers and just to be clear I think the next few days are going to be quite volatile within the Naspers Prosus stable. Today was the last day to trade Naspers so…

10 Sep 2019 2AM 8 min

Market Wrap - Stock Pick — Adcock Ingram

Steven Schultz from Momentum chose Adcock Ingram as his stock pick of the day.. "I'm going with a Adcock Ingram, it's a great pharmaceutical company with a very strong balance sheet on a pier relative basis and we know that they're certainly not overextended from a gearing perspective and we've…

9 Sep 2019 2AM 8 min

Market Wrap - Stock Pick — BHP

Martin Smith from Anchor Securities chose BHP as his stock pick of the day."With global sentiment taking a little bit of a turn, again its kind of a bit of a seesaw with China and the US and obviously Brexit but at the moment it looks like the risk on…

6 Sep 2019 2AM 7 min

Market Wrap - Stock Pick — Bid Corp

Craig Pheiffer from Absa Stockbrokers and Portfolio Management chose Bid Corp as his stock pick of the day. "I'm going locally with Bid Corp, they reported not so long ago with a decent set of numbers of around 11% to 12% earnings growth. They are a global food services company…

5 Sep 2019 2AM 7 min

Market Wrap - Stock Pick — Bid Corp

Nick Kunze from Sanlam Private Wealth chose Bid Corporation Ltd as his stock pick of the day "We are looking at Bid Corp, they came out at the start of the week with a nice set of results. Emerging markets space wasn't great but the developed markets increased by 20%…

4 Sep 2019 2AM 7 min

Market Wrap - Stock Pick — Bidvest

Imtiaz Suliman from Sentio Capital chose Bidvest as his stock pick of the day "I'm going with Bidvest, the company is a reflection of the South African economy with a bit of island that they made acquisition of Noonan so, overall a diversified SA company, a strong balance sheet, not…

3 Sep 2019 2AM 7 min

Market Wrap - Stock Pick — rand

Viv Govender from Rand Swiss Offshore talks about the rand as his stock pick option for the day."I'm still long on the rand, I still think that tomorrow's GDP number will be positive. If it is at around 2,5% as expected it will off course take away the technical recession…

2 Sep 2019 2AM 5 min

Market Wrap - Stock Pick — Northam Platinum

Liston Meintjies from Nvest Securities chose Northam Platinum Limited as his stock pick of the day. "I like to buy companies that have a tailwind rather than a headwind, if you talk to me about retailers I would do some shopping. So what has a tailwind? The answer to me…

30 Aug 2019 2AM 10 min

Market Wrap - Stock Pick — Naspers

Waldo du Plessis from Nitrogen Fund Managers chose Naspers as his stock pick of the day. "My stock is going to be Naspers, the Prosus pre-listing statement came out this this week I think there's a bit of value unlock just in the event and the excitement of it."

29 Aug 2019 2AM 7 min

Market Wrap - Stock Pick — Super Group

Graeme Franck from PSG Wealth Sandton chose Super Group as his stock pick of the day. Super Group came out with numbers earlier in the week and actually managed to grow their headline earnings per share by twelve percent and and that in the backdrop of the country that's battling…

28 Aug 2019 2AM 10 min

Market Wrap - Stock Pick — Standard Bank

Caroline Cremen from Adviceworx chose Standard Bank as her stock pick of the day "Standard Bank is very well positioned to expand into Africa which will see their African operations grow. The purchase of a fin-tech company in South Africa is looking to extend banking service to the unbanked. They're…

27 Aug 2019 2AM 7 min

Market Wrap - Stock Pick — offshore

Robert Towell from Sasfin Securities has suggested an offshore investment as his stock pick for the day. "I think that overseas is where you need to look at the moment. The markets have been quite volatile but I think you still think that you can look at these counters like…

26 Aug 2019 2AM 6 min

Market Wrap - Stock Pick — Rhodium

Andile Buthelezi from Sentio Capital chose Rhodium as his stock pick of the day. "I have an interesting one I think, my stock pick is Rhodium which is a platinum group metals that a lot of our Platinum mining companies in South Africa produce. It is mainly used in a…

23 Aug 2019 2AM 8 min

Market Wrap - Stock Pick — Peregrine

Nolwandle Mthombeni from Mergence Investment Managers chose Peregrine as her stock pick of the day. "I'm going with Peregrine, they have some downside protection where they have annuity earnings and they have Peregrine Capital, a pension fund that is doing very good and performing well in the last couple of…

22 Aug 2019 2AM 6 min

Market Wrap - Stock Pick — long rand

Viv Govender from Rand Swiss Offshore chose to long rand as his stock pick of the day. "I'm going long on the rand and I think that we've seen a bit of resistance in terms of weakening at about the R15,40 to the US Dollar level. We have seen some…

21 Aug 2019 2AM 8 min

Market Wrap - Stock Pick — Apple

Steven Schultz from Momentum chose Apple Inc as his stock pick of the day. "My stock pick this evening is Apple and I got there in a a bit of a round about way, Walt Disney was subjected to a whistle blower last night that suggested that they were inflating…

20 Aug 2019 2AM 7 min

Market Wrap - Stock Pick — Philip Morris

Robert Towell from Sasfin Securities chose Philip Morris as his stock pick of the day. "Definitely looking overseas at the moment. I think that with interest rates going down we'll see more flow into foreign assets again. You start to see the US market looking very good again so we're…

19 Aug 2019 2AM 8 min

Market Wrap - Stock Pick — Aspen

Robert Cameron from Thebe Stockbroking chose Aspen Pharmacare Holdings as his stock pick of the day. "My stock pick is Aspen but I want to qualify that, so this is not for investors that are risk-averse. If you are willing to take a bit of a risk, I think Aspen…

16 Aug 2019 2AM 9 min