WATCH: Stock pick — Barloworld
Sam Mokorosi from Vunani Capital chose Barloworld as his stock pick of the day.
“Barloworld came out with their BEE scheme, it’s a property BEE scheme that we thought was quite innovative. They are selling all their properties into a special purpose vehicle, management and staff are participating in that SPV but every black South African is also welcome to participate in that. The minimum check size is R2,500, and I think that is a really good retail BEE scheme for everyone to go in.”
Sam Mokorosi from Vunani Capital talks to Business Day TV about his stock pick of the day
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