Both stocks I punted have gone sideways.— Nadir Thokan, 27 Four Investments
Mediclinic hasn’t done too much.— Gary Booysen, Rand Swiss
Woolworths is probably the worst of the stock picks.— Gary Booysen, Rand Swiss
AVI really does show its quality. They always under-promise and over-deliver.— Caroline Cremen, Adviceworx
A stock pick is when, for example, a fund manager systematically analyses the stock market to conclude that a certain share will make a good investment and, therefore, should be added to her portfolio.
Stock picking is difficult.
There is no fool-proof way of predicting the movement of share prices.
However, stock picking is not merely guesswork.
Caroline Cremen (Portfolio Manager at Adviceworx, a member of Old Mutual Group)
Gary Booysen (Director at Rand Swiss)
- Nadir Thokan (Investment Analyst at 27 Four Investments)
Now, more than halfway through the year, Whitfield grills them on the performance of their picks.
Listen to the interview in the audio below (and/or scroll down for more quotes from it).
Standard Bank is still enjoying very healthy margins.— Nadir Thokan, 27 Four Investments
More than 50% of Standard Bank shares are held by foreigners.— Nadir Thokan, 27 Four Investments
With a 5.5% dividend yield you’re being paid to hold Standard Bank shares.— Nadir Thokan, 27 Four Investments
Steinhoff is a long-term buy.— Nadir Thokan, 27 Four Investments
The UK and USA constitute more than 50% of Steinhoff’s earnings.— Nadir Thokan, 27 Four Investments
Pepkor still achieves strong earnings growth.— Nadir Thokan, 27 Four Investments
Steinhoff trades at a discount.— Nadir Thokan, 27 Four Investments
We’ve seen a resolution on all three issues [holding the share price back].— Gary Booysen, Rand Swiss
Mediclinic is investing for the future.— Gary Booysen, Rand Swiss
Woolworths is very well run.— Gary Booysen, Rand Swiss
Woolworths has significant upside. It’s cheap.— Gary Booysen, Rand Swiss
Old Mutual is worth holding. Unfortunately it’s down from where we picked it.— Caroline Cremen, Adviceworx
There will be enormous cost savings [from Old Mutual’s unbundling].— Caroline Cremen, Adviceworx
Old Mutual has given me so much pain and grief; I’m sticking with it!— Caroline Cremen, Adviceworx
I would not be in Old Mutual if it wasn’t for the unbundling.— Caroline Cremen, Adviceworx
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
Recommendedby THE NEWSROOM
Bruce Whitfield asks Business Day Editor-in-Chief Peter Bruce to speculate on President Cyril Ramaphosa’s Cabinet.
The JoJo brand has entrenched itself in the psyche of South Africans. Bruce Whitfield interviews its MD, Grant Neser.
Valentine's Day is hundreds of years old, but some of the tokens of our love are quite new.
The Money Show’s Bruce Whitfield interviews Corruption Watch Executive Director David Lewis.
The Money Show’s Bruce Whitfield interviews Perpetua cofounder Delphine Govender.
The Money Show’s Bruce Whitfield asks four portfolio managers for hot tips on where to put your money to work this year…
Stephen Grootes says he believes former Eskom CEO Brian Dames when said he was not formally introduced to the Gupta family.
EWN parliamentary correspondent Gaye Davis says Mineral Resources Minister Mosebenzi Zwane received detailed and tough questions.
Zwelinzima Vavi says South Africa is paying dearly for choices they've made in being angry with Mbeki and not thinking logically.
The ANC treasurer-general confirmed Mantashe’s comments that the President did not consult the ANC leadership on the reshuffle.
Political analyst Karima Brown says the latest Cabinet Reshuffle is a move to strengthen his hand at the December conference.
Sunday Times journo Thanduxolo Jika who broke the front page story about the Gupta family emails vouches for their authenticity.
Wits associate professor of economics Christopher Malikane speaks to Azania Mosaka about the term that is being bandied about.
"My earliest memory of money is my father saying, ‘Why do you want to do this thing? How are you going to feed the family?'"
The EFF lawyer stole the show during the state capture report court battle.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...