MyMoney Online

Why Telkom is among the 2 hottest shares on the JSE (according to Mergence)

Reunert has a P/E of 10 and a dividend yield of 7%.

Peter Takaendesa, Mergence Investment Managers

Telkom’s valuation at less than 10 P/E looks very good.

Peter Takaendesa, Mergence Investment Managers

The Money Show's Bruce Whitfield interviewed Mergence Investment Managers Portfolio Manager Peter Takaendesa.

Takaendesa chose the following two companies as his stock picks for the week:

  • Telkom

  • Reunert

Scroll down for quotes from the audio below.

Reunert has a new management team in place.

Peter Takaendesa, Mergence Investment Managers

Reunert has done very well compared to its peers.

Peter Takaendesa, Mergence Investment Managers

Telkom’s new team has shown a good track record of allocating capital.

Peter Takaendesa, Mergence Investment Managers

Telkom has got a number of very good assets, which I don’t think the market appreciates.

Peter Takaendesa, Mergence Investment Managers

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the seven most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Single best JSE investment right now (by First Avenue Investment Management)

Single best JSE investment right now (by First Avenue Investment Management)

You should make lots of money (while you sleep!) if you invest in this company suggested by Investment Analyst Nadim Mohamed.

Unmarried, but living together? Here’s how to arrange your finances…

Unmarried, but living together? Here’s how to arrange your finances…

Bruce Whitfield interviews Galileo Capital Personal Financial Advisor Warren Ingram for his weekly personal finance feature.

2 hottest JSE stocks (though you may not know of them), according to Mercato

2 hottest JSE stocks (though you may not know of them), according to Mercato

It’s Stock Pick Monday! Bruce Whitfield interviews Charl Botha of the Futurewealth portfolio at Mercato Financial Services.

Let’s make some money!

Let’s make some money!

Looking for a hot tip? Portfolio Manager Singa Gungqisa believes these 2 companies are among the best investments right now.

Buy these 3 shares (then watch them grow) – Overberg Asset Management

Buy these 3 shares (then watch them grow) – Overberg Asset Management

It’s Stock Pick Monday! Analyst Kirk Swart discusses what he believes are the hottest companies on the JSE right now…

3 shares you should buy right now (and why), according to Vunani Securities

3 shares you should buy right now (and why), according to Vunani Securities

Bruce Whitfield interviews Vunani Securities analyst Anthony Clark for his weekly “Stock Pick Monday” feature.

Popular articles
Mcebisi Jonas refuses to be drawn on rumours of Finance Ministry reshuffle.

Mcebisi Jonas refuses to be drawn on rumours of Finance Ministry reshuffle.

Deputy Finance Minister says Gordhan will deliver a pro-poor budget on Wednesday 22 February in Parliament.

Makasi seeks legal advice for being called Nomvula Mokonyane's 'Ben 10'

Makasi seeks legal advice for being called Nomvula Mokonyane's 'Ben 10'

Central Energy Fund chairman, Luvo Makasi, has denied a City Press report that he calls shots in the Water Affairs Department.

Eusebius McKaiser: Where the hell were you in the making of JZ, Mathews Phosa?

Eusebius McKaiser: Where the hell were you in the making of JZ, Mathews Phosa?

Eusebius McKaiser uses Open Line to send a message to former ANC Treasury who has recently urged Zuma to step down.

Does God exist? A debate

Does God exist? A debate

Eusebius McKaiser hosted a heated debate on God's existence with atheist Jacques Rousseau and believer Mahlatse Winston Mashua.

The benefits (or dangers) of eating once a day

The benefits (or dangers) of eating once a day

Dietitian lambasts author of book punting one meal a day, but trained vet remains firm that humans historically ate like this.

Opinion: Xolani Gwala weighs in on tax hike speculation

Opinion: Xolani Gwala weighs in on tax hike speculation

Democratic Alliance (DA) has announced that it expects Finance Minister Pravin Gordhan to increase personal income tax.

Xenophobia fears simmer in Tshwane

Xenophobia fears simmer in Tshwane

Foreign nationals say police are not protecting them after houses were set alight by angry community members.

You can replace Gordhan with a dog and it would do as good a job - senior journo

You can replace Gordhan with a dog and it would do as good a job - senior journo

Financial journalists Duma Gqubule and Sikhonathi Mantshantsha debate Brian Molefe's eligibility to head National Treasury.

Molefe should reject MP offer (if he stands for excellence)- Eusebius McKaiser

Molefe should reject MP offer (if he stands for excellence)- Eusebius McKaiser

Eusebius McKaiser says if Brian Molefe accepts the offer it would reinforce the idea that he has been a wolf in sheep's clothing.