Subscribe to this channel

You can subscribe to new audio episodes published on this channel. You can follow updates using the channel's RSS feed, or via other audio platforms you may already be using.

RSS Feed

You can use any RSS feed reader to follow updates, even your browser. We recommend using an application dedicated to listening podcasts for the best experience. iOS users can look at Overcast or Castro. Pocket Casts is also very popular and has both iOS and Android versions. Add the above link to the application to follow this podcast channel.

This channel is available for listening in the Pocket Casts web player, or via the iOS and Android Pocket Casts applications. Follow the above link to listen on Pocket Casts.

Pocket Casts

This channel is available for listening in the Pocket Casts web player, or via the iOS and Android Pocket Casts applications. Follow the above link to listen on Pocket Casts.

Signup to

Sign up for a free user account to start building your playlist of podcast channels. You'll be able to build a personalised RSS feed you can follow or listen with our web player.

Market Wrap - Stock Pick — Off shore

Robert Towell from Sasfin Securities suggests to look off shore as the rand continues to gain.

I think at the moment in South Africa we are going to get a rate cut which will be good for the economy but it puts a bit of strain on the banks so I would continue to look overseas, we are starting to get good earnings that have started to come out from the first quarter and if those continue we should have a good run into December. So, I would be looking overseas at the moment and if the rand hits R13,50 to the dollar I will be taking money off shore.

Market Wrap - Stock Pick — Consolidated Infrastructure

Independent Analyst Liston Meintjes chose Consolidated Infrastructure Grp as his stock pick of the day.

"I put a small company forward, it's called Consolidated Infrastructure. They had a terrible time as many people will know they went from R12 per share all the way down to R2 a share. This was all because of a group of bad stories and a case of over borrowing and having to go to the banks and renegotiate it. Nobody knew how they would get out of that but within that they have a couple of companies that actually are operating quite well and one of them has just been granted a $16 million contract with the Swazi government to install solar and that is wonderful news for somebody that has been on the ropes all this time. I'm not saying it's going to light up everything but it does mean that you can get back in the ring and fight."

Market Wrap - Stock Pick — Lerøy Seafood Group

Devin Shutte from The Robert Group chose Lerøy Seafood Group as his stock pick of the day

"My stock pick is one that's listed in Norway on the Oslo Stock Exchange, Lerøy Seafood Group. They farm salmon and you cannot think of a better place in the world than the icy west coast of Norway to farm salmon. Incredibly efficient farming, the feed ratios it one for one compared to beef which is 81. They have huge margins as five million people a day eat the Norwegian salmon and they've doubled earnings in over five years."

Market Wrap - Stock Pick — Johnson & Johnson

Caroline Cremen from Adviceworx chose Johnson & Johnson as her stock pick of the day.

"If you haven't got your money out the country yet now is a good time to actually do it. The rand is at a fantastic level even though the offshore markets are just very expensive at this point, use the downturn to start to invest in blue chip dividend producing stocks. So the stock I've chosen this evening is Johnson & Johnson. It's always had an increasing dividend its dividend is going to be very stable even if there is a downturn, and if there is a downturn, you're protected by the dividend because you can use the dividend to increase your stake in the company and markets inevitably go back up so a nice one to start to a blue chip for your portfolio."

Market Wrap: Stock Pick — Mondi

Warren Jeffery from Nedbank Private Wealth chose Mondi as his stock pick of the day."So my stock pick of the day is Mondi, it's a global trader with a strong dividend yield of almost 4%. It is also trading on a PE (Price Earnings) of around 10 times. Their global diversification comes from that income stream which used to be quite a cyclical business but is becoming more and more none cyclical. You have a chance to buy it at a relatively cheap price right now and is probably a long term safe bet."

Market Wrap - Stock Pick — Gold Fields

Sam Mokorosi from Vunani Capital chose Gold Fields as his stock pick of the day.

We like Gold Fields, they have good margins, good interest cover, good CEO who's been around for donkey's years and we are quite keen on them at the moment."

Market Wrap - Stock Pick — rand

Viv Govender from Rand Swiss Offshore chose to close the long on the rand as his stock option for this week

We saw a huge amount of interest coming in from our clients and if so many of our clients think that R14,10 to the dollar is a good time to get the money out of the country, many other people will also feel the same. I'm not saying go short on but I think it's a good thing to close the long on the rand at the moment.

Market Wrap - Stock Pick — Inditex

Imtiaz Suliman from Sentio Capital chose Inditex SA as his stock pick of the day.

"My stock pick is Inditex, they are the owner of Zara clothing retailer. They have a very strong supply chain that they can turn on the taps very quickly when they see a product that is selling well in their stores. Their supply and production lines are the shortest amongst global retailers. So, they sell most of their product on full price rather than discounting, they run a very tight inventory management and their following into online which will benefit them going forward."

Market Wrap - Stock Pick — Investec

Nick Kunze from Sanlam Private Wealth chose Investec as his stock pick of the day.

"I like the stock and it's looks like we're going to get the Brexit shenanigans coming to end soon. The stock is trading at R92 per share and is under a 10 PE. We are waiting for more data for the asset manager spin-off and we think that under R100 it offers some value."

Market Wrap - Stock Picks — Northam and Richemont

Liston Meintjes from Nvest Securities chose Northam Platinum Ltd as his stock pick of the day and Maudi Lentsoane, Lehumo Investments chose Richemont

Meintjes said: "It's Northam, a platinum miner and I've got to put the disclaimer upfront and that is to say, if you believe in platinum. They certainly are moving ahead they gave us a trading update and then I actually had the luxury of our visit to the Eland mine yesterday which they got at a bargain basement price. They've now just given it to go ahead and it's going to cost quite a bit of money to actually get it up and running. Scoping will only commence in 2022 which is a little bit of a dampener but I haven't seen such an enthusiastic
team in mining for an awfully long time.

Lentsoane said: "Richemont is a company which is in the luxury business making all the expensive watches, I think they're very resilient to some of these challenges which is the weaker demand or the weak economies so for me that's a very defensive stocks and that is what I'm going with"

Market Wrap - Stock Pick — long oil

Viv Govender from Rand Swiss Offshore chose to go long oil as his stock option for the day."With the issues in Iran, the situation in Libia and the violence in Venezuela I do think the oil price still has a massive upside from here. If there is an end to the Venezuela situation or in the middle east, if it does continue to go down it will be with a few dollars here and there but he upside is significantly higher so it's at a great level to get into it."

Market Wrap - Stock Pick — Equites

Nesi Chetty from Stanlib chose Equites Property Fund as his stock pick of the day.

"My stock pick is a company we've liked for a while, it's called Equites. It's got a very large local portfolio, the size is about R12 billion. They've done quite well in that logistic space. They own manage and develop logistic containers and the yields on that are very attractive. They're able to secure long-term leases of between seven and nine percent and they've done well to diversify and externalize the company with 32% of the operations are now derived from the UK and they have quite a nice joint venture in the UK market where they can access a pipeline there. They are one of the few companies that has re-rated quite a bit and it's yield has gone from about 9% all the way down to about 7,5% but even with that it's still able to give you 8% or 10% growth which is a real level that not everyone's doing in this market, so we're happy to be invested in it and the ability for them to unlock deals on the let's call it GLA development area for 109,000 square meters is quite exciting for us and we think over time there will be potentially maybe consolidation down the line as well in this space."

326 episodes

« Back 1—12 More »