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Stock pick — RMH
Steven Schultz from Momentum chose RMH as his stock pick of the day.
"My stock pick this evening is RMH properties, it is a counter that this week took quite a significant dive in price, following a special dividend yesterday of 80 cents. It is a REIT but but unlike many REITS in in SA it operates with a slightly different model whereby they align themselves with the best to be property developers and then monetize those properties as and when they deem it having reached fair value."
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By Business Day TVSteven Schultz from Momentum chose RMH as his stock pick of the day.
"My stock pick this evening is RMH properties, it is a counter that this week took quite a significant dive in price, following a special dividend yesterday of 80 cents. It is a REIT but but unlike many REITS in in SA it operates with a slightly different model whereby they align themselves with the best to be property developers and then monetize those properties as and when they deem it having reached fair value."