Stock Watch - Stock pick — Northam Platinum and WBHO
--:--
Nick Kunze from Sanlam Private Wealth chose Northam Platinum as his stock pick and Meryl Pick from Old Mutual Investments chose WBHO.
Kunze said: "I'm sticking with the platinum mining theme, this week we had BHP Billiton, today Sibanye and so I'm going with Northam Platinum. We've got quite a few coming out this week and I think given what we've seen so far, Northam are not going to disappoint. I like the whole story, it's around R200 a share at the moment."
Pick said: "I'm going to go contrarian was something that's been unloved recently and that is WBHO, one of the last men standing in the construction sector in SA along with Murray and Roberts. I think there's an entry point being created here because they've had losses in some of the Australian projects in the Australian division but I suppose it's a bet on SA getting some infrastructure spend
going to stimulate economy."
Kunze said: "I'm sticking with the platinum mining theme, this week we had BHP Billiton, today Sibanye and so I'm going with Northam Platinum. We've got quite a few coming out this week and I think given what we've seen so far, Northam are not going to disappoint. I like the whole story, it's around R200 a share at the moment."
Pick said: "I'm going to go contrarian was something that's been unloved recently and that is WBHO, one of the last men standing in the construction sector in SA along with Murray and Roberts. I think there's an entry point being created here because they've had losses in some of the Australian projects in the Australian division but I suppose it's a bet on SA getting some infrastructure spend
going to stimulate economy."