WATCH: Stock picks — Remgro and Naspers
Waldo du Plessis from Nitrogen Fund Managers and Nesan Nair from Sasfin Securities talk to Business Day TV
Waldo du Plessis from Nitrogen Fund Managers chose Remgro as his stock pick of the day and Nesan Nair from Sasfin Securities chose Naspers.
Du Plessis said: “I’m going to go with Remgro tonight, it looks to me like it is trading at one of the widest discounts it has traded to its underlying businesses.”
Nair said: “I’m going with Naspers, we have just over a week before the Prosus listing in Amsterdam, I expect there will be an unlock of a certain amount of value, so if you haven’t got in, this is your chance.”
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