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Taking a look at the day’s business news influencing market moving activity, and forex.An Arena Holdings production.Keywords: money, opportunity, business plan, business ideas, business news, inco... more
FAQs about Market Wrap:How many episodes does Market Wrap have?The podcast currently has 1,627 episodes available.
May 22, 2020Market Wrap - Stock picks — off-shore and ProsusDavid Shapiro from Sasfin Securities chose to look off-shore as a stock pick option and Martin Smith from Anchor Capital chose Prosus."I agree with David around offshore equities at the moment. I think that is where I'm looking but at can we maybe get a bit of a bounce out of the JSE stocks and the same time let the rand recover and then it would be better off in dollar terms. That's kind of what I'm hoping specifically for clients that haven't taken currency offshore and for that I think there's only really one place to look at on the market, and that's Prosus. I the shares obviously bounced really hard off of it's lows, I still think there's a bit more to come if you look at what's happening on Naspers, the potential inclusion of the indices offshore, but I think Prosus is where my money would be at the moment"...more2minPlay
May 21, 2020Market Wrap - Stock pick — Northam PlatsAndile Buthelezi from Sentio Capital chose Northam Platinum as his stock pick."I'm going for Northam Platinum, recent weakness over the last few months is providing a decent entry opportunity. Decreasing capex profile, increasing production growth into a supportive pgm price environment and all the pg counters in general have fallen over the last few weeks as we've seen some of the vehicle sales data coming out globally. The data has been looking bad but it must be remembered that yes, we have a falling demand for pgms because of Covid, but we also have a fall in supply as a lot of the mines are not able to operate at 100% of the normalised levels. This fall in demand and supply is what is keeping prices where they are at the moment."...more2minPlay
May 20, 2020Market Wrap - Stock pick — MTNNick Kunze from Sanlam Private Wealth chose MTN as his stock pick of the day."We like MTN, we favour it at the moment, I think I mentioned last time on your show we were buying it under R50 a share and we think it offers compelling value on these levels. Data, people working from home, exposure to Nigeria and the naira which is all of a sudden not so risky with oil having doubled in price in the last three weeks. So, MTN will remain my stockpick for now."...more1minPlay
May 19, 2020Market Wrap - Stock pick — PSG Preference SharesNolwandle Mthombeni from Mergernce Investment Managers chose PSG Group Preference Shares as her stock pick of the day."PSG pref shares is my pick and also because it's a cumulative preference share your dividend is basically guaranteed even if they don't come now, in addition they've got a strong balance sheet so it really is a good play to get into the PSG pref shares right now"...more1minPlay
May 18, 2020Market Wrap - Stock pick — cashViv Govender from Rand Swiss Offshore chose cash as his stock pick of the day."I'm still concerned about the decoupling between the economy and the market and that's why I'm still staying in cash, I just don't see value out there right now. Yes, it's possible that all these stimulus plans are going to push markets and prices higher but right now I have no idea what the economy is going to be doing and I really don't think our markets are reflecting that."...more1minPlay
May 13, 2020Market Wrap - Stock pick — ProsusNesan Nair from Sasfin Securities chose Prosus as his stock pick of the day."You have got to go for Prosus, it certainly looks like the value add is taking place. If you take Naspers, Prosus and Multichoice, which came out of Naspers and you add them all up, you have about R5000 worth of shares in Naspers which has got to be at an all-time high."...more1minPlay
May 11, 2020Market Wrap - Stock pick — AB InBevGraeme Franck from PSG Wealth Sandton Grayston chose AB InBev as his stock pick of the day."At this stage you just have to go for quality, I think Anheuser-Busch is looking fantastic, it peaked at just a shade under R2000 a shares and is now at around R800, this is the type of share that you want to be going for as opposed to go for the bottom pick that has fallen 95%."...more2minPlay
May 08, 2020Market Wrap - Stock picks — Sygnia and ProsusDavid Shapiro from Sasfin Securities chose Sygnia Fourth Industrial Revoulution Fund as his stock pick of the day and Sam Mokorosi from Vunani Capital chose Prosus."I've been doing quite a bit of work on some of our trackers and there's been a Nasdaq tracker that's up at least 20% this year. Sygnia's Fourth Industrial Revolution fund is up significantly and those are all in double digits gains. I think they're going to continue to rise as this thirst to be part of this new economy or the digital economy continues."We are going with Prosus, that shareholding of Tencent is ahead of the market. If we look at China being the first to unlock we're starting to see economic activity there and so Prosus is a good way to both back that Chinese recovery number one, and number two back this increasing digitization of the world."...more2minPlay
May 07, 2020Market Wrap - Stock pick — LibertyWaldo du Plessis from Nitrogen Fund Managers chose Liberty as his stock pick of the day. "I'm going to go with Liberty tonight, I think the CEO has done a good job of turning the business around before Covid-19, it's priced lower than the peer group and I think Liberty is looking attractive at these levels"...more1minPlay
May 06, 2020Market Wrap - Stock pick — Equites Property FundNesi Chetty from Stanlib chose Equites Property Fund as his stock pick of the day."The one sector that we have favoured in property is logistics, we like a company called Equites. It reported results on Tuesday and I think in this market you are either going to be in cash or you are going to be in something defensive. Equites certainly ticks that box, it's a 14 billion property portfolio and their growth will come from two areas; the expansion into the UK where they've partnered with a company called Newlands, there's exciting pipeline of projects in the UK market and while we are all in lockdown, what hasn't stopped is this global supply chain, demand for logistics companies will increase given that inventory levels are low, for a company like Equites they are also collecting 80% of the rentals from the logistics tenant. And, are seeing still transactional activity happening in the market, so there's big companies like Amazon and Royal Mail that are all looking to acquire logistics capability. If you look at Equites the yield is quite attractive, it's on a 9.5 yield, and there's aa high probability of them paying distributions the coming year even with Covid-19."...more2minPlay
FAQs about Market Wrap:How many episodes does Market Wrap have?The podcast currently has 1,627 episodes available.