Distell
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Makwe Masilela from Makwe Fund Managers chose Distell as his stock pick of the day.
"For Heineken them to buy Distell it means that they've seen something. If you look at Distell's PE at almost 50, yes it's high but compare that to the beverages index which is at a PE of 78. What was also impressive was their return on equity sitting at 22."
"For Heineken them to buy Distell it means that they've seen something. If you look at Distell's PE at almost 50, yes it's high but compare that to the beverages index which is at a PE of 78. What was also impressive was their return on equity sitting at 22."
