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.


This article first appeared on 702 : Why Telkom is among the 2 hottest shares on the JSE (according to Mergence)


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
What you must learn from the Steinhoff and EOH share price collapses

What you must learn from the Steinhoff and EOH share price collapses

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

3 JSE shares you should consider buying right now (by JM Busha Investment Group)

3 JSE shares you should consider buying right now (by JM Busha Investment Group)

The Money Show’s Bruce Whitfield interviews JM Busha Investment Group Managing Director Joseph Busha.

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
Fund manager lays criminal charges against former Steinhoff CEO Markus Jooste

Fund manager lays criminal charges against former Steinhoff CEO Markus Jooste

The Money Show’s Bruce Whitfield interviews Benguela Global Fund Managers Chief Investment Officer Zwelakhe Mnguni.

France exploring ways to assist City of Cape Town with water crisis

France exploring ways to assist City of Cape Town with water crisis

Xanthea Limberg says no formal agreement has been reached but it looks forward to talks and learning more from France.

'ANC may split if Dlamini-Zuma is elected leader'

'ANC may split if Dlamini-Zuma is elected leader'

Political analyst Dr Somadoda Fikeni sat down with Ray White to discuss the future of the ANC.

'This puts pressure on Jacob Zuma to vacate office earlier'

'This puts pressure on Jacob Zuma to vacate office earlier'

The Money Show’s Bruce Whitfield interviews Daniel Silke, Political Economy Analyst at Political Futures Consultancy.

Predictably awesome new Nando's ad reminds South Africans ‘we can fix our sh$t’

Predictably awesome new Nando's ad reminds South Africans ‘we can fix our sh$t’

Watch the Guptas pack their bags and run in Nando's inspiring new advertisement.