Both stocks I punted have gone sideways.— Nadir Thokan, 27 Four Investments
Mediclinic hasn’t done too much.— Gary Booysen, Rand Swiss
Woolworths is probably the worst of the stock picks.— Gary Booysen, Rand Swiss
AVI really does show its quality. They always under-promise and over-deliver.— Caroline Cremen, Adviceworx
A stock pick is when, for example, a fund manager systematically analyses the stock market to conclude that a certain share will make a good investment and, therefore, should be added to her portfolio.
Stock picking is difficult.
There is no fool-proof way of predicting the movement of share prices.
However, stock picking is not merely guesswork.
Caroline Cremen (Portfolio Manager at Adviceworx, a member of Old Mutual Group)
Gary Booysen (Director at Rand Swiss)
- Nadir Thokan (Investment Analyst at 27 Four Investments)
Now, more than halfway through the year, Whitfield grills them on the performance of their picks.
Listen to the interview in the audio below (and/or scroll down for more quotes from it).
Standard Bank is still enjoying very healthy margins.— Nadir Thokan, 27 Four Investments
More than 50% of Standard Bank shares are held by foreigners.— Nadir Thokan, 27 Four Investments
With a 5.5% dividend yield you’re being paid to hold Standard Bank shares.— Nadir Thokan, 27 Four Investments
Steinhoff is a long-term buy.— Nadir Thokan, 27 Four Investments
The UK and USA constitute more than 50% of Steinhoff’s earnings.— Nadir Thokan, 27 Four Investments
Pepkor still achieves strong earnings growth.— Nadir Thokan, 27 Four Investments
Steinhoff trades at a discount.— Nadir Thokan, 27 Four Investments
We’ve seen a resolution on all three issues [holding the share price back].— Gary Booysen, Rand Swiss
Mediclinic is investing for the future.— Gary Booysen, Rand Swiss
Woolworths is very well run.— Gary Booysen, Rand Swiss
Woolworths has significant upside. It’s cheap.— Gary Booysen, Rand Swiss
Old Mutual is worth holding. Unfortunately it’s down from where we picked it.— Caroline Cremen, Adviceworx
There will be enormous cost savings [from Old Mutual’s unbundling].— Caroline Cremen, Adviceworx
Old Mutual has given me so much pain and grief; I’m sticking with it!— Caroline Cremen, Adviceworx
I would not be in Old Mutual if it wasn’t for the unbundling.— Caroline Cremen, Adviceworx
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