Ian Cruickshanks from SA Institute of Race Relations chose cash as his stock pick of the day, while Graeme Körner from Körner Perspective chose City Lodge Hotel Group.
Cruickshanks said: “I believe that being sure of getting your money back at the end of a fixed period is the most important factor and that sort of security is very important. The SA economy hasn’t disappeared into a big black hole, we have great management, innovative and very able in difficult circumstances. They will pull it right in time and, at that stage, I want to have cash so that so we can get fully or overinvested within the next five years.”..
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