Market Wrap

Market Wrap - Stock Pick — Anglo American

Andile Buthelezi from Sentio Capital chose Anglo American plc as his stock pick of the day. "Today I'm going with Anglo-American, it's a diversified mining company exposed to PGMs, exposed to iron ore, copper and diamond. Diamond is a concern right now, the diamond business is not doing too well,…

27 Sep 2019 2AM 7 min

Market Wrap - Stock Pick — Mondi

Nesan Nair from Sasfin Securities chose Mondi plc as his stock pick of the day."I'm going to go with Mondi, it has had a really rough ride and it is very hard to reconcile when the share price is trading below three hundred but it is still a very well…

26 Sep 2019 2AM 8 min

Market Wrap - Stock Pick — cash

Viv Govender from Rand Swiss Offshore chose cash as his stock pick of the day "I'm going with cash at the moment and there are two scenarios to look at, one is with Brexit and one with Trump. There are downsides to both and I'm very uncertain at the moment…

25 Sep 2019 2AM 7 min

Market Wrap - Stock Pick — Intu Properties

Robert Cameron from Thebe Stockbroking chose Intu Properties PLC as his stock pick of the day. "I'm going with Intu Properties, I should also caution again, it is for maybe they're more risk tolerance investor, this stock has come down 75% over the past year. Now, Intu Properties does own…

20 Sep 2019 2AM 10 min

Market Wrap - Stock Pick — Microsoft

Robert Towell from Sasfin Securities chose Microsoft Corp as his stock pick of the day. "Value is quite difficult to find worldwide, but I think if you take a look at world markets you and you take a look at what Microsoft is doing, they were buying back 40 billion…

19 Sep 2019 2AM 8 min

Market Wrap - Stock Pick — rand

Viv Govender from Rand Swiss Offshore says he is taking his profits from his rand trade "I'm not investing but taking profits in my rand trade, the last time I was on the show I mentioned it was around R15,20 to the dollar and I said to go long on…

18 Sep 2019 2AM 7 min

Market Wrap - Stock Pick — Shoprite

Grant Gilburt from Nedbank Private Wealth talks to Business Day TV about his stock pick. "Stock pick amidst it all is Shoprite, we've seen it setting off quite a lot post the results, but I think in those results we saw a lot of once offs. There was a big…

17 Sep 2019 2AM 6 min

Market Wrap - Stock Pick — Aspen

Devin Shutte from The Robert Group chose Aspen as his stock pick of the day. "I'm going for a bit of a controversial one namely Apsen (the second best performer on the top 40 for the day). The latest guidance from management is that they are really getting a handle…

16 Sep 2019 2AM 7 min

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