Market Wrap

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

Market Wrap - Stock Pick - Growthpoint

Steven Schultz from Momentum chose Growthpoint Prop Ltd as his stock pick of the day "Growthpoint is an absolute blue chip in that space with a market cap of R76 billion. It is going through a bit of a transformation exercise, as they are diversifying offshore at the moment -…

16 Apr 2019 3AM 8 min

Market Wrap - Stock Pick - Barloworld

Sam Mokorosi from Vunani Capital chose Barloworld Ltd as his stock pick of the day ‘Barloworld came out with their BEE scheme, it's a property BEE scheme that we thought was quite innovative. They are selling all their properties into a SPV, management and staff are participating in that SPV…

14 Apr 2019 2AM 7 min

Market Wrap - Stock Pick - Offshore

Robert Towell from Sasfin Securities chose to take his money offshore as his stock option for the day. "It's difficult at this stage with the elections coming up you don't want to make too big a call. On the local front the banks had quite a good run over the…

12 Apr 2019 2AM 6 min

Market Wrap - Stock Pick - Total S.A.

Craig Pheiffer from Absa Stockbrokers & Portfolio Management chose Total S.A as his stock pick of the day “Total S.A., the energy producer is my stock pick of the day. I like the stock because it goes across the value chain from sucking the oil out of the ocean, to…

11 Apr 2019 3AM 7 min

Market Wrap - Stock Pick - Emira Property Fund

Nesi Chetty from Momentum chose Emira Property Fund Ltd as his stock pick of the day. “Emira has done quite well over the last couple of years to sell off its assets and improve its quality. The company has a very exciting international strategy, they have partnered with a company…

10 Apr 2019 2AM 9 min

Market Wrap - Stock Pick - Motus Holdings

Imtiaz Suliman from Sentio Capital chose Motus Holdings Ltd as his stock pick of the day. “ Motus is a company that spun out of Imperial. it is trading at a 5% dividend yield and they play in the South African vehicle market. Importantly their fortunes are not entirely tied…

9 Apr 2019 2AM 8 min

Market Wrap - Stock Pick - Reinet Investments

Warren Jeffery from Nedbank Private Wealth chose Reinet Investments S.C.A (RNI) as his stock pick of the day. "Stock pick at the moment would be Reinette, tobacco is not necessarily in favour at the moment and they hold a big chunk of it but we also quite like the other…

8 Apr 2019 2AM 8 min

Market Wrap - Stock Pick - Aspen Pharmacare

Independent Analyst Liston Meintjes chose Aspen Pharmacare Hldgs Ltd as his stock pick of the day "Those of us who have been watching Aspen at their highest was nearing R400 per share and hovered around R280 per share for an awfully long time and when it decided to drop, it…

5 Apr 2019 2AM 10 min

Market Wrap - Stock Pick - cash

Ian Cruickshanks from SAIRR chose CASH as his stock pick of the day. "There is such uncertainty, look, the economies aren't dead and there are going to be opportunities to buy a good companies, I think, at better prices within the next six months and I'd be happy to wait…

4 Apr 2019 2AM 8 min

Market Wrap - Stock Pick - Discovery

Caroline Cremen from Adviceworx chose Discovery Ltd as her stock pick of the day. “We do have it on our portfolio as part of a broader portfolio choice in South Africa. I never get particularly excited about the company - I like the management and the business case but I…

3 Apr 2019 2AM 7 min

Market Wrap - Stock Pick - KAP Industrial Holdings

Nick Kunze from Sanlam Private Wealth chose KAP Industrial Holdings Ltd (KAP) as his stock pick of the day. “As a short term investment we like KAP Industrials, we waited for an overhang in the stock so now that Steinhof has been resolved and they sold a big chunk of…

1 Apr 2019 3AM 6 min

Market Wrap - Stock Pick - Naspers

Robert Cameron from Thebe Stockbroking chose Naspers as his stock pick of the day. “The reason I like it is because previously there has been a lot of noise around their value unlock that hasn't been happening because of the Tencent valuation being more than the market cap of the…

29 Mar 2019 3AM 10 min