MyMoney Online

Why buying Old Mutual shares is a great investment right now

The Money Show’s Bruce Whitfield interviewed Jonathan du Toit, Portfolio Manager at Truffle Asset Management.

Du Toit chose the following two companies for our weekly “Stock Pick Monday” feature:

  • Old Mutual

  • Pan African Resources

Scroll down for quotes from the audio below.

Old Mutual’s UK wealth business is trading at a P/E of 8. We think the intrinsic value is about 50% higher than its share price.

Jonathan du Toit, Portfolio Manager at Truffle Asset Management

Pan African Resources is making good profits. It’s trading at a P/E of 6.8.

Jonathan du Toit, Portfolio Manager at Truffle Asset Management

Subscribe to our Business Wrap Newsletter


Recommended

by NEWSROOM AI

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
Missed out on Bitcoin? Read this if you're wondering if it’s too late now

Missed out on Bitcoin? Read this if you're wondering if it’s too late now

If you invested R7287 in March 2010 it would now be worth R34 billion! BILLION! You read that right. Warren Ingram has advice…

7-step roadmap to riches (it’ll happen slowly, but surely)

7-step roadmap to riches (it’ll happen slowly, but surely)

Old Mutual personal finance expert Lizl Budhram offers a step-by-step guide to get your financial future right.

Why Tiger Brands is a good share to buy, right now

Why Tiger Brands is a good share to buy, right now

Say what?! It's stock pick time on The Money Show. Bruce Whitfield interviews Anchor Capital Analyst Henry Biddlecombe.

Hate your job? How to free yourself from working for money...

Hate your job? How to free yourself from working for money...

Financial advisor Warren Ingram discusses “FIRE”, a radical financial freedom movement gaining momentum in the USA and elsewhere.

Old Mutual to share R600-million HIV windfall with its customers

Old Mutual to share R600-million HIV windfall with its customers

Old Mutual will share ballooning reserves in its funeral policies with its customers, who are living longer than expected.

Why Busha Investment Group is buying Anglo American, Nedbank and Old Mutual

Why Busha Investment Group is buying Anglo American, Nedbank and Old Mutual

Anglo American, Nedbank and Old Mutual count among the hottest stocks on the Johannesburg Stock Exchange right now. Here’s why…

Popular articles
Former Nedbank Chair Reuel Khoza opens up about money, farming and music

Former Nedbank Chair Reuel Khoza opens up about money, farming and music

The Money Show’s Bruce Whitfield interviews Khoza about his attitude and beliefs about money (plus successes and failures, etc.)

Everything you know about success is (mostly) wrong

Everything you know about success is (mostly) wrong

Allon Raiz on “Barking up the Wrong Tree: The Surprising Science behind Why Everything You Know about Success Is (Mostly) Wrong”.

[LISTEN] Father shares how he shot the man who raped his daughter

[LISTEN] Father shares how he shot the man who raped his daughter

Johannesburg father, Chris says he had just come back from work when he walked in on an employee raping his 17 year old daughter.

Bokke can become a world-beating squad - Ashwin Willemse

Bokke can become a world-beating squad - Ashwin Willemse

The former Springbok and current rugby commentator gives his perspective on Saturday's game against the All Blacks.

UPDATE: Chilling WhatsApp from Marli van Breda's ex-boyfriend read out in court

UPDATE: Chilling WhatsApp from Marli van Breda's ex-boyfriend read out in court

Marli van Breda's ex took the stand in the trial of triple murder accused Henri van Breda.

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.

Competition Commission investigates five companies to stamp out price-fixing

Competition Commission investigates five companies to stamp out price-fixing

Commission says investigation into food and agro processing companies is important because of high levels of inequality in SA.

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?