Market Wrap - Stock pick — Remgro
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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 unlock of value there for investors in Remgro. Many of these investors are from South Africa and I think the time has come for them to see that unlock"
"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 unlock of value there for investors in Remgro. Many of these investors are from South Africa and I think the time has come for them to see that unlock"
