15 October 2020 1 Min Read
Market Analysis
WATCH: Stock pick — Reinet
Waldo du Plessis from Nitrogen Fund Managers talks to Business Day TV about his stock pick of the day
in Markets by Business Day TV
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Waldo du Plessis from Nitrogen Fund Managers chose Reinet as his stock pick of the day.
“I’ve gone with Reinet, which is a traditional holding company. They have a big investment in British American Tobacco and then a UK insurer called Pension Corporation. The reason I’m going for Reinet is because it’s trading at a really wide discount against historical levels at 42%.”
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