Drikus Combrinck from Capicraft chose Grindrod Shipping as his stock pick of the day and Rowan Williams from Nitrogen Fund Managers chose Rand Merchant Investment Holdings (RMI).

Combrinck said: “I chose Grindrod Shipping, a company that spun out of Grindrod about a year and a half ago and it plummeted from the listing price of about R130-R140 to about R80 per share recently.”

Williams said: “Mine is RMI, a portfolio of insurance assets so, Discovery has been somewhat depressed, so you’re getting in at a better level.”

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