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)


Recommended

by NEWSROOM AI

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
Why women must be far more careful with their money than men

Why women must be far more careful with their money than men

Ray White talks to personal finance guru Warren Ingram, who reckons women should take financial planning more seriously than men.

Where to best save and invest so your children can one day go to university

Where to best save and invest so your children can one day go to university

#FeesMustFall, but don’t hold your breath. Take matters into your own hands to ensure a tertiary education, says Warren Ingram.

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
Vila Kasi TV station leaves employees out in the cold with no pay

Vila Kasi TV station leaves employees out in the cold with no pay

Employees of the start-up media house are angered for not receiving salaries as promised at the end of June.

Nhlanhla Nene asks trade unions for ideas on how to fund wage increase demands

Nhlanhla Nene asks trade unions for ideas on how to fund wage increase demands

Nene asked unions representing Eskom workers to provide ideas to fund wage increases after negotiations with Eskom deadlocked.

How Steinhoff shares doubled in just five days

How Steinhoff shares doubled in just five days

Founder of Herenya Capital Advisors, Petri Redelinghuys, explains how the embattled Steinhoff managed to double its share price in 5 days

Parents no longer have to travel with children's birth certificates

Parents no longer have to travel with children's birth certificates

The new Home Affairs upgrades to the system include printing parents details at the back of the child's passport.

SA-made Rolkem cake decoration products may not be safe to eat

SA-made Rolkem cake decoration products may not be safe to eat

The UK’s Food Standards Agency issued an advisory, claiming that Rolkem failed to confirm that their ingredients were safe to eat.

Criminals targeting homes with aluminium windows, warns neighborhood watch

Criminals targeting homes with aluminium windows, warns neighborhood watch

The Panorama, Welgelegen and Plattekloof Neighbourhood Watch has identified a new house break-in trend.

3 emergency numbers you should have on speed dial and how they work

3 emergency numbers you should have on speed dial and how they work

These are the emergency numbers you should have on your cellphone and this is what you must understand about how they work.