MyMoney Online

3 shares you should consider buying now, according to NEFG Fund Managers

(Also read "How Hulamin became the sole supplier of a vital Tesla component".)

The Money Show’s Bruce Whitfield interviewed Gerbrand Smit, Chief Investment officer at NEFG Fund Managers.

Smit chose the following three companies as his stock picks for the week:

Scroll down for quotes from the audio below.

Anglo American is selling some of their impaired assets.

Gerbrand Smit, Chief Investment officer at NEFG Fund Managers

We think Anglo American is a bargain.

Gerbrand Smit, Chief Investment officer at NEFG Fund Managers

All our banks are cheap. Nedbank is priced for much higher interest rates and a much weaker currency.

Gerbrand Smit, Chief Investment officer at NEFG Fund Managers

Hulamin is looking at a 4.2 P/E. We think that’s very cheap.

Gerbrand Smit, Chief Investment officer at NEFG Fund Managers

Hulamin does business with Tesla.

Gerbrand Smit, Chief Investment officer at NEFG Fund Managers

Subscribe to our Business Wrap Newsletter

CapeTalk 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 CapeTalk community a safe and welcoming space for all.

CapeTalk 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.

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

Read More
2 best investments on the JSE right now (and one from the USA)

2 best investments on the JSE right now (and one from the USA)

It’s Stock Pick Monday on Bruce Whitfield’s The Money Show. He interviews I-Capital Managing Director Lance Williams.

Women are better investors than men

Women are better investors than men

Warren Ingram explains why it is that women clearly outperform men.

Hottest shares you can buy right now (by Fairtree Capital)

Hottest shares you can buy right now (by Fairtree Capital)

The Money Show’s Bruce Whitfield interviews Portfolio Manager Jean-Pierre Verster.

Unsure where to invest? These are the best shares right now (by Anchor Capital)

Unsure where to invest? These are the best shares right now (by Anchor Capital)

Sumitra Nydoo (on The Money Show) interviews Anchor Capital Analyst Henry Biddlecombe.

Anglo American to sell more mines and cut dividends – Business Day

Anglo American to sell more mines and cut dividends – Business Day

Anglo American is aggressively restructuring to cope with the global downturn in commodity prices.

Tiny South African aluminium company the sole supplier of vital Tesla component

Tiny South African aluminium company the sole supplier of vital Tesla component

How Pietermaritzburg based Hulamin became Elon Musk’s only supplier of an essential component of all Tesla cars.

Popular articles
CoCT 'Water Resilience Plan' to produce 500 million litres of water per day

CoCT 'Water Resilience Plan' to produce 500 million litres of water per day

City of Cape Town Mayor, Patricia de Lille held a media briefing to share the City’s 'Water Resilience Plan' on Thursday.

"I bumped into Anoj Singh and Eskom's Prish Govender at the Hyde Park Hotel"

"I bumped into Anoj Singh and Eskom's Prish Govender at the Hyde Park Hotel"

Sikhonathi Mantshantsha says surely as Anoj Singh is on suspension, he should not be talking to Eskom employees.

Journos walk out of Bathabile Dlamini's briefing after 2 hour wait

Journos walk out of Bathabile Dlamini's briefing after 2 hour wait

EWN's Gia Nicolaides says journalists walked out of the media briefing on social grants after waiting for hours for her to arrive.

Grace Mugabe used normal passport and can't enjoy diplomatic immunity

Grace Mugabe used normal passport and can't enjoy diplomatic immunity

Shadow Minister of International Relations says Mugabe's case should not be debated any further as she can't enjoy any privileges.

Snow turns parts of SA into winter wonderland

Snow turns parts of SA into winter wonderland

Parts of the Northern Cape, Eastern Cape and Western Cape are covered in snow as a strong cold front sweeps SA.

Grace Mugabe invokes diplomatic immunity as Zim-SA relations get tense

Grace Mugabe invokes diplomatic immunity as Zim-SA relations get tense

Grace is still in South Africa and her husband, Zimbabwean President Robert Mugabe, is due to land in the country this afternoon.