Market Wrap

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

Market Wrap - Stock pick — cash

Viv Govender from Rand Swiss Offshore chose cash about his stock pick of the day. "It's cash at the moment, I think the rise in the stock markets have been overdone and we're yet to see the impact of the economic downturn come through."

5 May 2020 2AM 1 min

Market Wrap - Stock pick — BAT

Steven Schultz from Momentum chose British American Tobacco as his stock pick of the day. "My stock pick is a rather conservative one and it is British American Tobacco which traditionally has been an exceptionally defensive counter and which I like. Obviously one can question the trend of tobacco but…

4 May 2020 2AM 1 min

Market Wrap - Stock pick — NF Govi exchange traded bond

Caroline Cremen from Adviceworx chose an exchange traded bond called the NF GOVI as her stock pick of the day. "There is a nice exchange traded bond called the NG Govi, it is a way for retail investors to get a basket of government bonds at an attractive yield."

30 Apr 2020 2AM 1 min

Market Watch - Stock pick — MTN

Nick Kunze from Sanlam Private Wealth chose MTN as his stock pick of the day. "The last time I was on your show my stock pick was MTN and it's going to be it again tonight. We analysed it in depth at our meeting this morning. Very encouraged as more…

29 Apr 2020 2AM 1 min

Market Wrap - Stock pick — Exxaro

Steven Schultz from Momentum chose Exxaro as his stock pick of the day "It is a little bit of a gamble but I do think that the numbers work out quite favourably and in the case Exxaro. They obviously have stable thermal coals demand in place, albeit at lower prices…

28 Apr 2020 2AM 1 min

Market Wrap - Stock picks — MTN and Prosus

Sam Mokorosi from Vunani Capital and David Shapiro from Sasfin Securities talk to Business Day TV Mokorosi said: "We are going to go contrarian at the moment, we think that MTN has been beaten down quite a bit over some time and one of the things that we are looking…

24 Apr 2020 2AM 1 min

Market Wrap - Stock pick — Santam

Nolwandle Mthombeni from Mergence Investment Managers chose Santam as her stock pick of the day "My stock pick is Santam, they are a short term insurance provider and they have a steady staple stock to be holding in this environment. They are not as cheap and they haven't fallen as…

23 Apr 2020 12AM 1 min

Market Wrap - Stock pick — cash

Kwame Antwi from KOA Capital chose cash as his stock pick of the day. "Unfortunately I'm gonna have to disappoint you and say no for now, what we've been telling people is if you've got cash stay in cash or possibly on bonds, because bonds will be supported in the…

22 Apr 2020 2AM 1 min

Market Wrap - Stock pick — Alibaba

Imtiaz Suliman from Sentio Capital chose Alibaba as his stock pick of the day. "I'm going with Alibaba, they are a Chinese internet company and are really sort of a eBay in China. They've got two platforms, the one is Taobao which is for the small and medium enterprises and…

21 Apr 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. My stock pick right now is Remgro, they are moving forward with the unbundling of the RMH asset which is a currently 28% of their net asset value. RMH is moving to unbundle their…

20 Apr 2020 2AM 1 min

Market Wrap - Stock pick — SA Gov Bonds

Steven Schultz from Momentum chose SA Government Bonds as his stock pick of the day. "Actually it isn't a stock pick it's a SA Government Bond, the tenure which currently trades of the yield of 10.6% which does feel quite generous and so we did a backward analysis using fairly…

16 Apr 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're trying to gauge where the themes are going and I think the fact that we're sitting on zoom chatting and more of us are working from home, we like the idea of data and…

15 Apr 2020 2AM 1 min