Market Wrap

Market Wrap - Stock Pick - Sasol

Nesan Nair from Sasfin Securities chose Sasol Limited (SOL) as his stock pick of the day "A traditional business and people have been waiting for so long for this chemical project to come on stream, and they are finally getting it up and running this year and I think as…

12 Mar 2019 3AM 7 min

Market Wrap - Stock Picks - BHP and Anglo American

Graeme Franck from PSG Wealth Sandton chose BHP Group PLC (BHP) and Anglo American plc (AGL) as his stock picks of the day "We do still like the miners despite the fact that they had quite a difficult run this year. Their balance sheets are getting stronger and dividends are…

11 Mar 2019 3AM 15 min

Market Wrap - Stock Pick - Murray & Roberts

Sam Mokorosi from Vunani Capital chose Murray & Roberts Hldgs (MUR) as his stock pick of the day. “We like Murray & Roberts because of the corporate actions and we do think that Aton is going ahead with the acquisition so there is some uptick there in the share."

8 Mar 2019 1AM 6 min

Market Wrap - Stock Pick - Investec

Viv Govender from RandSwiss Offshore chose an Investec structured return note as his stock pick of the day. “With this structured product that they offer, worst case scenario you will 15% if the stocks are negative over the next three years and if it is positive you will get 40%…

7 Mar 2019 1AM 6 min

Market Wrap - Stock Pick - JSE Banks

Robert Towell from Sasfin Securities chose JSE Banks as his stock pick of the day “If you take a look at GDP in South Africa and that it can uptick especially after the elections the South African Banks still show relatively good value and look like a good bet that…

6 Mar 2019 2AM 19 min

Market Wrap - Stock Pick - Iron Ore

Liston Meintjes from Nvest Securities is looking at resources like Iron-Ore as his stock pick of the day "At the moment the ones that I am favouring are still the resources, I know that they've had a pull back on the recent past, but one way or another, whether the…

5 Mar 2019 1AM 14 min

Market Wrap - Stock Pick - rand hedges

Nick Kunze from Sanlam Private Wealth chose Rand hedges as his stock options for the day. "Once again we are looking at the rand hedges, the rand has been all over the place but and Moody's are apparently knocking around South Africa this week so there might be a bit…

4 Mar 2019 1AM 18 min

Market Wrap - Stock Pick - Bid Corporation

Craig Phieffer from Absa Stockbrokers and Portfolio Management chose Bid Corporation Ltd (BID) as his stock pick of the day. "I think just after the budget, again, seeing the budget deficit growing, looking at the current account deficit that they were forecasting to grow to 4% of GDP. The rand/hedge…

28 Feb 2019 1AM 14 min

Market Wrap- Stock Pick - Vukile Property Fund

Nesi Chetty from Momentum chose Vukile Property Fund (VKE) as his stock pick of the day "Vukile is a company that we have liked for a while, we think they have a very defensive portfolio and with that they are trying to supplement it with international business. This results in…

27 Feb 2019 2AM 8 min

Market Wrap- Stock Pick - British American Tobacco

Imtiaz Suliman from Sentio Capital chose British American Tobacco as his stock pick of the day. The share has come under a lot of pressure since the US on the news of a possible ban on menthol in particular. "I think it's priced in a complete loss of that portion…

26 Feb 2019 2AM 7 min

Market Wrap- Stock Pick - AB InBev

Amongst all the Budget news, Nick Kunze from Sanlam Private Wealth chose Anheuser-Busch InBev as his stock pick of the day. It is nicely positioned with the weaker rand where it is at the moment and recovering emerging markets will allow AB InBev to fare well.

20 Feb 2019 1AM 18 min

Market Wrap- Stock Pick - Rand Merchant Investment Holdings

Graeme Franck from PSG Wealth Sandton chose Rand Merchant Inv Hldgs Ltd as his stock pick of the day, the shares are down 27% over the last 12 months trading on a PE of around 11 times and this is a theme that we are seeing in many SA Inc…

19 Feb 2019 1AM 14 min

Market Wrap - Stock Pick - CASH

Caroline Cremen from Adviceworx chose CASH as her stock pick of the day. Until the Budget speech on Wednesday 20 Feb 2019 when Finance Minister Tito Mboweni takes to the podium to deliver his budget address for this year. Choosing CASH is the safest place to be as the budget…

18 Feb 2019 1AM 19 min

Market Wrap-Stock Pick - Sasol

e Burgess from Nedbank Private Wealth chose Sasol Limited as his stock pick of the day, with the delays of the Louisiana project there certainly are some risks as well as the lower oil price and potentially stronger rand that could play on that but it's a stock that if…

17 Feb 2019 2AM 8 min

Market Wrap- Stock Pick - Morgan Stanley Euro Protector

Viv Govender from Randswiss Offshore chose Morgan Stanley Euro Protector and what it does is give you 112% of your initial money is US Dollars after six years as well as 200% the average price of the index over that time so over the last six years you would have…

14 Feb 2019 2AM 20 min

Market Wrap- Stock Pick - British American Tobacco

Nesan Nair from Sasfin Securities chose British American Tobacco as his stock pick of the day, one of the rand/hedges. Right now you want to stay defensive and it is very difficult to pick South African counters right now. Retailers is one to stay away from, the Banks look cheap…

13 Feb 2019 1AM 19 min

Market Wrap-Stock Pick - Discovery Ltd:

Devin Schutte from The Robert Group chose Discovery Ltd one that he has chosen previously, Discovery is a very placed company at the moment. We are all aware of their shared value model, healthcare, life insurance and the short term insurance. The launch of the bank happens next month and…

12 Feb 2019 6AM 14 min

Market Wrap- Stock Pick - Apple Inc

Imtiaz Suliman from Sentio Capital chose Apple Inc. as his stock pick of the day, as his stock pick of the day, it has come of recently as concerns with trade wars and a slowdown in China has taken hold but if you look at Apple, the services revenue is…

11 Feb 2019 1AM 18 min

Market Wrap-Stock Pick - Impala Platinum Holdings

Liston Meintjes from Nvest Securities chose Impala Platinum Hlgs Ltd. One of the top performers today. Suddenly things have changed for the platinum industry and many people are only seeing it now. They operating on something that they call a basket which includes palladium which is now the biggest and…

7 Feb 2019 6AM 23 min

Market Wrap- Stock Pick - Rand Merchant Inv Hldgs

Rowan Williams from Nitrogen Fund Managers chose Rand Merchant Inv Hldgs Ltd (RMI) as they will be going through a reporting cycle now. Discovery, MMI, Outsurance and Hastings are their key assets and feel that the stock has been a little bit oversold. There is still some good growth in…

6 Feb 2019 3AM 20 min