Stock Watch

Stock Watch - Stock Picks — Investec and AECI


Listen Later

Nick Kunze from Sanlam Private Wealth chose Investec as his stock pick of the day and Ricus Reeder from PSG Wealth Sandton chose AECI Limited
Kunze said: "Investec is spinning off the asset management arms in the first quarter next year, I think it's called 9 1 or ninety-one. Investec is trading under ten PE with a nice dividend yield, and will the kick up with Brexit being out the way so you're picking it at reasonable levels and we like the share."
Reeder said: "AECI, first of all technical because they've gone to about R108 today so that's a new 52 week high. There's a technical rally up to 120 printed on that, the fundamentals on the back of that company that's been restructuring with the rains we're getting right now and also possibly a little bit of a rally in commodity it's going to be good for the explosives as well as the agricultural business so these fundamentals pushing behind it plus as I said a technical push under that that looks pretty good at the moment."
...more
View all episodesView all episodes
Download on the App Store

Stock WatchBy Business Day TV

  • 2
  • 2
  • 2
  • 2
  • 2

2

1 ratings


More shows like Stock Watch

View all
The Joe Rogan Experience by Joe Rogan

The Joe Rogan Experience

229,674 Listeners

Global News Podcast by BBC World Service

Global News Podcast

7,913 Listeners

Motley Fool Hidden Gems Investing by The Motley Fool

Motley Fool Hidden Gems Investing

3,228 Listeners

WorldWide Markets with Simon Brown by JustOneLap.com

WorldWide Markets with Simon Brown

20 Listeners

The Money Show by Radio 702

The Money Show

34 Listeners

The Daily by The New York Times

The Daily

113,121 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

8,876 Listeners

The Gareth Cliff Show by The Gareth Cliff Show

The Gareth Cliff Show

70 Listeners

BizNews Radio by BizNews

BizNews Radio

16 Listeners

MoneywebNOW by Moneyweb Radio

MoneywebNOW

10 Listeners

Stock Market Today With IBD by Investor's Business Daily

Stock Market Today With IBD

53 Listeners