Drikus Combrinck from Capicraft chose Crest Nicholson Holdings as his stock pick of the day and Nick Kunze from Bridge Fund Managers chose Aspen Pharmacare. Crest Nicholson Holdings is a UK-based home builder. Combrinck said that the uncertainty of Brexit meant that the company’s shares had bombed out over the past few weeks. “They are one of the top-quality builders in the UK and, with a 10% dividend forward yield at the moment, it’s a £1bn company, although it’s small, it’s a great opportunity for a small investor.” Kunze said Aspen Pharmacare, trading on a 19 price-earnings ratio, was at a 52-week low on Thursday. “With the rumours of them selling off their Chinese milk business, raising as much as R9bn out of it, which will pay off a lot of debt, and this will certainly make a difference to them.”
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