Graeme Franck from PSG Wealth chose Mondi and Wescoal Holdings as his stock picks of the day. He said that from a pure blue-chip perspective he liked Mondi as it is on a price-earnings ration of 14. “Wescoal Holdings is probably one for the braver value investors. They came out with interim earnings of 25c, so if you multiply that by two, you’re looking at roughly 50c for the full year, R2 share price and it is a PE of four.”
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.