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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.
April 16, 2020Market Wrap - Stock pick — SA Gov BondsSteven Schultz from Momentum chose SA Government Bonds as his stock pick of the day. "Actually it isn't a stock pick it's a SA Government Bond, the tenure which currently trades of the yield of 10.6% which does feel quite generous and so we did a backward analysis using fairly conservative assumptions just to try and determine what is a fair value or fair yield for the bonds and we think on a ten-year at the moment given the quality is somewhere around 9%, then if you use that over a three-year period, assuming 9% is the right yield quality such as our ten-year and the coupon is included, you're looking at a return or somewhere between thirty and fifty percent annualised over the next three years."...more2minPlay
April 15, 2020Market Wrap - Stock pick — MTNNick Kunze from Sanlam Private Wealth chose MTN as his stock pick of the day." We're trying to gauge where the themes are going and I think the fact that we're sitting on zoom chatting and more of us are working from home, we like the idea of data and are looking at MTN. At the moment it is under R50 a share and it's a direct beneficiary from all of us doing exactly what you and I are doing on your show now. With Vodacom almost unchanged on the year, MTN is lagging and I think MTN is worth having a look at."...more1minPlay
April 14, 2020Market Wrap - Stock pick — AlphabetGraeme Franck from PSG Wealth Sandton Grayston chose Alphabet as his stock pick of the day. "I think right now balance sheet and quality is absolutely key so on that note just go for all the good quality stuff offshore. We still like Google/Alphabet, everyone's spending more time on their computers and YouTubing more. Google owns YouTube, so advertising revenue will come under pressure but that's it. I think go for the strong balance sheet and quality, don't go for low price earnings only shares in this environment because earnings are just likely to disappear."...more1minPlay
April 08, 2020Market Wrap - Stock pick — FirstRandAndile Buthelezi from Sentio Capital chose FirstRand as his stock pick of the day. "I'm going to go for FirstRand, on a year-to-date basis our banks have been hurt quite a bit and it's creating a bit of an opportunity in terms of a decent entry point. I think in this environment it's very important for you to choose the better quality players and FirstRand is one of those. It is one that foreign investors like too because of its high quality management. In this environment you are likely to see some increase in payments but we've seen some of the initiatives that the banks have instituted to help mitigate against the rand impairment like the payment holidays. They also don't have too much exposure to the high-risk consumers relative to other banks they have a well-diversified book. It remains a quality stable business with a high ROE, so the recent fall in the name is giving investors the opportunity to invest in a definitive high-quality company."...more2minPlay
April 07, 2020Market Wrap - Stock pick — cashCaroline Cremen from Adviceworx chose cash as her stock pick of the day. "It's going to be cash. In the past I would have said find a dividend producing asset like a bank but as we've discussed, no dividends are safe at this point in time."...more1minPlay
April 06, 2020Market Wrap - Stock pick — NaspersWaldo du Plessis from Nitrogen Fund Managers chose Naspers as his stock pick of the day I'm going to go for Nasper tonight they, just released a statement this evening pointing out that they've completed a share buyback program so some investors will remember that they sold about 2% of their investment in Prosus at about €67.50, today prices in euros closed at about 63 so I mean you can see what they've done, they've sold euros and at €67 and they've gone and bought Naspers when it was really beaten up for round R22bn worth two weeks ago. What they're essentially doing is they're buying an asset for 40% discount or what Naspers was trading at during that week and that's very positive sign."...more1minPlay
April 02, 2020Market Wrap - Stock pick - structured productsViv Govender from Rand Swiss Offshore chose a structured product in dollar and euros as his stock pick of the day"I'm going for a structured product, in the US and the UK, it gives you 20% in dollars if the market stays flat every quarter so it's a nice corona virus pick at the moment. It's only 3 years long which is longer than what this virus should last."...more1minPlay
April 01, 2020Market Wrap - Stock pick — Investec Property FundNesi Chetty from Stanlib chose Investec Property Fund as his stock pick of the day."We're looking for defensive opportunities for post Covid and I think in the short term companies with a strong balance sheet and good cash flow will probably hold their value. Investec Property Fund is one we've liked for a while and given that the shares have come off quite a bit it's one where we see good yield opportunities."...more1minPlay
March 31, 2020Market Wrap - Stock pick — JSENolwandle Mthombeni from Mergence Investment Managers chose JSE as her stock pick of the day. "I think there's only one company I have seen today that actually benefitted from the volatility in the market and that's the JSE. I think this is the break they needed and we're seeing value trade is up over 20% year-to-date and all that money is going to go straight to the bottom line and they are definitely going to have a good year if the volatility keeps up at this rate."...more1minPlay
March 30, 2020Market Wrap - Stock picks — Gold ETF, FAANG ETF and Nasdaq ETFSam Mokorosi from Vunani Capital chose Gold ETF as his stock pick of the day and David Shapiro from Sasfin Securities chose FAANG ETF and Nasdaq ETFMokorosi said: "If I could for an ETF I would probably go for a Gold ETF just because you have the dual hedge; the rand hedge and the chaos hedge that gold gives you and that is where I would put my money at the moment.Shapiro said: "I'm a big tech man, I think tech stocks are going to come up so strong. Find a FAANG ETF, but if you want to stay local buy a Nasdaq ETF. I think the big companies with a lot of cash, not only to put into research and development but also to take out other companies. I think they are going to come up as big winners from the mess that we are in at the moment."...more2minPlay
FAQs about Market Wrap:How many episodes does Market Wrap have?The podcast currently has 1,627 episodes available.