Why you should buy MTN, Woolworths and Steinhoff shares

The Money Show’s Bruce Whitfield interviewed Michael Treherne, Portfolio Manager at Vestact, about his stock picks for the week.

Treherne reckons you need not look much further than these three:

  • MTN

  • Woolworths

  • Steinhoff

Scroll down to listen to the audio for more detail.

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MTN has a dividend yield of 7.3%.

Michael Treherne, Portfolio Manager at Vestact

MTN’s revenue from data is up, revenue from voice is up and the average revenue per user is up.

Michael Treherne, Portfolio Manager at Vestact

When Woolies bought David Jones it was going nowhere. In 12 months Woolworths has turned it around.

Michael Treherne, Portfolio Manager at Vestact

Steinhoff trades on a P/E of 16, which isn’t all that high.

Michael Treherne, Portfolio Manager at Vestact

Steinhoff is listing in Germany soon. This will give them access to credit at lower rates.

Michael Treherne, Portfolio Manager at Vestact

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