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.


Recommended

by THE NEWSROOM

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
How to plan financially, considering you’re poorer after Gigaba's hectic Budget

How to plan financially, considering you’re poorer after Gigaba's hectic Budget

The Money Show’s Bruce Whitfield interviews Galileo Capital Financial Advisor Warren Ingram.

Pick these 3 stocks right now, make a killing (by Sasfin Securities)

Pick these 3 stocks right now, make a killing (by Sasfin Securities)

These are the three best shares to buy right now, says stockbroker and portfolio manager Nesan Nair.

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
Discovery CEO (and founder) Adrian Gore bares his soul about money

Discovery CEO (and founder) Adrian Gore bares his soul about money

The Money Show’s Bruce Whitfield interviews Gore about his attitude to money (hopes and fears, successes and failures, etc.).

"Duduzane Zuma is the Gupta family's greatest asset"

"Duduzane Zuma is the Gupta family's greatest asset"

Sunday Times journo Thanduxolo Jika who broke the front page story about the Gupta family emails vouches for their authenticity.

So what exactly is radical economic transformation?

So what exactly is radical economic transformation?

Wits associate professor of economics Christopher Malikane speaks to Azania Mosaka about the term that is being bandied about.

'My daughter bought Spur shares when she was 10 years old' - Dr Adrian Saville

'My daughter bought Spur shares when she was 10 years old' - Dr Adrian Saville

What does Citadel’s famed disciple of contrarian, deep-value investing Dr Adrian Saville hope for (and fear) about money?

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?