Market Wrap

Market Wrap - Stock Pick — Naspers

Nesan Nair from Sasfin Securities chose Naspers as his stock pick of the day "I still think that Naspers still looks good at these levels. I know that the stock was heavily sold off recently but this corporate action is going to unlock value and I would encourage investors to…

29 May 2019 2AM 7 min

Market Wrap - Stock Pick — long rand and short dollar

Viv Govender from Rand Swiss Offshore chose to go long Rand and short Dollar as his stock option for this week. "Long the rand short the dollar, I think we've gone way beyond it, the last price I checked it was about R14,74 to the dollar, and I think that's…

28 May 2019 2AM 9 min

Market Wrap - Stock Pick — Sasol

Steven Schultz from Momentum chose Sasol as his stock pick of the day. "So my stock pick is Sasol, I know it's a strange one given last week's sell-off. The sell-off came on the new discovery announcement and that their capex (capital expenditure) would be increasing by about $1 billion…

27 May 2019 2AM 9 min

Market Wrap - Stock Pick — BHP Group

Graeme Franck from PSG Wealth Sandton chose the BHP Group as his stock pick of the day "I'm gonna go for four BHP Billiton, I know all the miners and commodity prices have come under pressure on the back of China/US trade wars. I think BHP in particular has massively…

23 May 2019 2AM 7 min

Market Wrap - Stock Pick — Walt Disney

Craig Pheiffer from Absa Stockbrokers and Portfolio Management chose Walt Disney as his stock pick of the day "Still looking offshore. last time we were looking at Comcast which is as you now a media studio business. This time I'm looking at Disney, we also own it in our global…

22 May 2019 2AM 9 min

Market Wrap - Stock Pick — cash

Ian Cruickshanks from SAIIR tells us why he chooses cash as his stock pick of the day "Here's some stats to do to confirm there has been the right place to be not indefinitely we're accumulating capital over time and there's no doubt the time will come when value is…

21 May 2019 2AM 7 min

Market Wrap - Stock Pick — Anglo American

Martin Smith from Anchor Securities chose Anglo American as his stock pick of the day. At the moment I choose Anglo American, I like them at this level. It's looking on a spot PE level it's very cheap. They have de-geared their balance sheet quite substantially and if we have…

17 May 2019 2AM 7 min

Market Wrap - Stock Pick — Oceana Group

Steven Schultz from Momentum chose Oceana Group Ltd as his stock pick of the day. "My stock pick is a 101 year old fishing company that is Cape Town based namely Oceana. They've produced a pretty decent first half set of results earnings growth of 70%, excluding a bit of…

16 May 2019 2AM 8 min

Market Wrap - Stock Pick — Investec

Nick Kunze from Sanlam Private Wealth chose Investec as his stock pick of the day “Investec PLC for us, we like what's happening and Brexit seems to be on the back burner for now, it looks like it will be running a bit smoother and Investec is back up to…

13 May 2019 2AM 6 min

Market Wrap - Stock Pick — Pioneer Foods

Robert Cameron from Thebe Stockbroking chose Astral Food Ltd as his stock pick of the day. “With the swine flu outbreak in China it has caused the pig prices over there to increase by around 60%​. There is also an influx of pig import to China from the US which…

10 May 2019 2AM 8 min

Market Wrap - Stock Pick - Offshore

Devin Shutte from The Robert Group tells us why he chose to look offshore as his stock pick for the day “There are opportunities locally but valuations are definitely depressed particularly in the SA Inc. space. We do invest heavily offshore as well so that's where we are seeing a…

6 May 2019 2AM 6 min

Market Wrap - Stock Pick - Northam Platinum

Sam Mokorosi from Vunani Capital chose Northam Platinum as his stock pick of the day "We are quite positive on the Platinum Group metals over the long term. We think that Rhodium has been doing very well and we think that Platinum is also going to start doing well over…

3 May 2019 2AM 7 min

Market Wrap - Stock Pick - cash

Viv Govender from Rand Swiss Offshore chose cash as his stock pick of the day. "I'm going to be a coward this week and I'm going for cash. The reason being is the election next week, trading volumes are very low at the moment and I don't see opportunity, and…

2 May 2019 3AM 7 min

Market Wrap - Stock Pick - Absa Group Limited

Imtiaz Suliman from Sentio Capital chose Absa Group Limited as his stock pick of the day "I choose Absa and it's largely based on them opening their taps now as they are trying to grow their book. They were constrained with the Barclays relationship where risk was dialed down. Now…

30 Apr 2019 2AM 7 min

Market Wrap - Stock Pick - cash

Caroline Cremen from Adviceworx chose CASH as her stock pick of the day. "I know you think I'm chickening out but it is just a little bit too dangerous to throw your money into the South African market at this point. A few weeks ago we thought we would have…

29 Apr 2019 2AM 9 min

Market Wrap - Stock Pick — Investec FTSE Autocall

Viv Govender from Rand Swiss Offshore chose Investec FTSE Autocall as his stock pick of the day “I choose the Investec FTSE autocall. It is basically a call on the FTSE 100. If after three years the FTSE is positive you get an 18% simple interest return per year for…

26 Apr 2019 2AM 7 min

Market Wrap - Stock Pick - Microsoft Corp

Nesan Nair from Sasfin Securities chose Microsoft Corp as his stock pick of the day. “I'm going for Microsoft although I have been avoiding it for so long but I think the current results and the last few quarters have indicated that they are really entrenching their position in the…

25 Apr 2019 2AM 8 min

Market Wrap - Stock Picks - Bidvest and AECI

Graeme Franck from PSG Wealth Sandton chose Bidvest and AECI Limited as his stock picks of the day. "So we do still like the SA Inc space, it's slightly controversial given the elections two weeks away so we chose two industrial companies, AECI and Bidvest. Both of them have resonable…

24 Apr 2019 2AM 7 min

Market Wrap - Stock Pick - cash

Caroline Cremen from Adviceworx chose cash as her stock pick of the day. "I do personally think and hope that we will get a bit of a rand breather after the election, beyond that I am unconvinced. So, what I would suggest to people is that right at this point…

23 Apr 2019 2AM 8 min

Market Wrap - Stock Pick - cash

Ian Cruickshanks from SAIRR chose cash as his stock pick of the day. "It is a deliberate decision, it's not a decision to close up and go away, it's to say there is going to be a time, South Africa has got huge potential, we still have massive reserves in…

18 Apr 2019 2AM 7 min