Stock picks — Long4Life and Northam Platinum
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Mark du Toit from Oyster Catcher Investments chose Long4Life as his stock pick of the day and Nick Crail from Ashburton Investments chose Northam Platinum.
du Toit said: "Tonight I'm picking Long4life, Brian Joffe is the CEO and for three reasons. Number one I mean we like the business they own great brands like Outdoor Warehouse, Sportsman's warehouse and they've got Chilled beverages and Sorbet. Number two it's not particularly expensive and thirdly that there's an opportunity for some corporate activity."
Crail said: "My pick is Northam Platinum, in short I do think that platinum and I suppose the pgm price basket at the momentum is quite high. Having said that I don't think that there's a significant amount of supply coming on stream and I think demand is going to remain relatively robust."
du Toit said: "Tonight I'm picking Long4life, Brian Joffe is the CEO and for three reasons. Number one I mean we like the business they own great brands like Outdoor Warehouse, Sportsman's warehouse and they've got Chilled beverages and Sorbet. Number two it's not particularly expensive and thirdly that there's an opportunity for some corporate activity."
Crail said: "My pick is Northam Platinum, in short I do think that platinum and I suppose the pgm price basket at the momentum is quite high. Having said that I don't think that there's a significant amount of supply coming on stream and I think demand is going to remain relatively robust."