Stock picks and performance 04 April
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Wayne McCurrie from Ashburton Investments chose BHP Billiton as his stock pick of the day, a medium term of around 2 years investment, BHP Billiton is set to pick up and have serious positive cash, their balance sheet gearing will be at a very acceptable level in the middle of this year, they are selling their big US assets and have no major capital expenditure plans and one could receive a nice dividend within the next 12 months.
Bright Khumalo from Vestact chose Naspers as his stock pick of the day, their share price is what is looking attractive at the moment and management is expected to allocate their capital a bit wiser. There are plans to acquire more e-commerce companies.
Bright Khumalo from Vestact chose Naspers as his stock pick of the day, their share price is what is looking attractive at the moment and management is expected to allocate their capital a bit wiser. There are plans to acquire more e-commerce companies.
