Drikus Combrink from Capicraft chose Master Drilling as his stock pick of the day and Gerbrand Smit from NeFG Fund Management chose Investec (INL)

Combrink says he chose Master Drilling, a small cap stock as it is quite a good rand/hedge stock. Master Drilling ha been building its business for the last three to four years, acquiring and doing bolt-on acquisitions and they are now three times larger than their next global competitor.

Smith chose Investec as part of the Brexit theme and says: "You are sitting with a company with an 8,7 PE (Price to earnings ratio) multiple and they came out with a trading statement just over a week ago that said that they will be okay, and that it's a bit above expectation. With Brexit looming you are most probably going to see the stock go up and with the breakup of the business it will become two very large companies and it will unlock value for Investec with a nice asset manager as well"