Stock Watch

Stock Watch - Stock picks — Kone OYJ and Brait


Listen Later

Rowan Williams from Nitrogen Fund Managers chose Brait as his stock pick of the day and Jean Pierre Verster from Protea Capital Management chose Kone OYJ.
Williams said: "I'm going with Brait, it just finished its right issue process and it closed today, in terms of the right to stop trading and there was a lot of pressure on the stock so, it is at a low point and it is recapitalised and there is a lot of optionality in the stock."
Verster said: "I'm going with Kone, they are listed in Finland and are one of 4 of the 5 major elevator companies and because there is only four or five of them it means that it is a good concentrated market. Economics and characteristics allow for high returns on capital and they are trying to buy Thyssenkrupp Elevators, a German company that are in debt problems, it's a strong company and we are going higher and higher in terms of tall buildings, and we need elevators."
...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