Market Wrap

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

Market Wrap - Stock Pick - JSE Banks Index

Robert Towell from Sasfin Securities chose JSE Banks Index as his stock pick of the day, the SA banks are not overly expensive and had a very good run the last few weeks . If we have a good positive SONA you could still look at the SA banks for…

5 Feb 2019 1AM 13 min

Market Wrap - Stock Pick - Morgan Stanley Note

As we're heading for a very tough period and likely to have another US shut down in a couple of weeks time. Very low growth and issues with trade wars with China and there are talk about Venezuela and how their situation will affect the oil price. To stay on…

4 Feb 2019 1AM 18 min

Market Wrap - Stock Pick - Sappi

Robert Cameron from Thebe Stockbroking chose Sappi Ltd as his stock pick of the year. Sappi, in the first half of last year that sector had quite a big run but it pulled back quite significantly. Lately it has been in quite a consolidation pattern and it looks like it…

3 Feb 2019 4AM 8 min

Market Wrap - Stock Pick - Naspers

Steven Schultz from Momentum chose Naspers as his stock pick of the day. Late in December the Chinese Authorities release and approved eighty titles for games and they have a backlog of five thousand. Although none of those titles belonged to Tencent, it’s just a matter of time. As a…

31 Jan 2019 11AM 24 min

Market Wrap - Stock Pick - ETFs

Caroline Cremen from Adviceworx chose not one stock but a group of stocks. While the Rand is relatively strong and the US market looks fairly valued, if you don't have a direct offshore exposure in your portfolio you this opportunity to buy some of the ETFs listed locally that focus…

30 Jan 2019 11AM 21 min

Market Wrap - Stock Pick - Mondi Ltd.

Nesan Nair from Sasfin Securities chose Mondi Ltd as his stock pick of the day. Looking at Mondi, it's a relatively boring business, manufacturing paper and packaging. It's been one off the radar, it trades between 300 and 400 so from a trading and a long term perspective it is…

29 Jan 2019 1PM 14 min

Market Wrap - Stock Pick - AECI Limited

Graeme Franck from PSG Wealth Sandton chose AECI Limited as his stock pick of the day, a lot of South African facing shares has come under pressure and AECI has not been immune to that and they are trading on a forward PE of 8.5 times and a dividend yield…

28 Jan 2019 11AM 19 min

Market Analysis - Stock Pick - Comcast Corporation

Craig Pheiffer from Absa Stockbrokers & Portfolio Management chose Comcast Corporation (CMCSA) / $35.76 (-3.06%) as his stock pick of the day.

24 Jan 2019 1PM 18 min

Market Wrap - Stock Pick - EPP N.V

Nesi Chetty from Momentum chose EPP N.V, a predominantly Polish detail operations company that have very strong assets and is on a forward yield of around 10% with low single digit growth in distributions. It is a company with very little vacancies which is a small part of the business…

23 Jan 2019 11AM 22 min

Market Wrap - Stock Pick - Anglo American Plat

Imtiaz Suliman from Sentio Capital chose Anglo American Plat LTD as his stock pick of the day. The diversified commodity companies are on this drive to focus on shareholder returns and in Anglo American's case specifically they are trading on a free cash flow yield of 11% and they have…

22 Jan 2019 11AM 17 min

Market Wrap - 21 January

The banks have had a good run since December but they are still showing some value. If pick them up at the right time during the volatility on a day where the market gets sold off a bit, you can look to pick up some FirstRands, Nedbank and Standard Bank…

21 Jan 2019 12PM 20 min

Market Wrap - Stock Pick - The Foschini Group

Rowan Williams from Nitrogen Fund Managers chose The Foschini Group as his stock pick of the day. Much better numbers compared to the peer group. A much more diversified group with significant operations in the UK and more recently in Australia and given the tough environment in the UK their…

17 Jan 2019 11AM 21 min