Market Wrap - Stock pick — Reinet
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Waldo du Plessis from Nitrogen Fund Managers chose Reinet as his stock pick of the day.
I've gone with Reinet which is a traditional holding company. They've have a big investment in British American Tobacco and then a UK insurer called Pension Corporation. The reason I'm going for Reinet is because it's trading at a really wide discount against historical levels at 42%.
I've gone with Reinet which is a traditional holding company. They've have a big investment in British American Tobacco and then a UK insurer called Pension Corporation. The reason I'm going for Reinet is because it's trading at a really wide discount against historical levels at 42%.
