WATCH: Stock pick — Motus Holdings
Imtiaz Suliman from Sentio Capital chose Motus Holdings as his stock pick of the day.
“Motus is a company that was spun out of Imperial. it is trading at a 5% dividend yield and they play in the SA vehicle market. Importantly their fortunes are not entirely tied to an uptick in new vehicle sales. They have quite a high base of annuity income, which comes from servicing revenue, financial services and that is more annuity and recurring in nature.”
Imtiaz Suliman from Sentio Capital talks to Business Day TV about his stock pick of the day
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