Deryck Janse van Rensburg from Anchor Securities and Rowan Williams from Nitrogen Fund Managers talk to Business Day TV
30 October 2019 - 11:43
byBusiness Day TV
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Deryck Janse van Rensburg from Anchor Securities chose dollar cash as his stock pick of the day and Rowan Williams from Nitrogen Fund Managers chose Datatec.
Janse Van Rensburg said: “I’m using the strong rand to buy dollars, I do think that the US markets are quite elevated, but I’m going to be patient.”
Williams said: “Datatec, and it’s a little bit speaking to what Deryck is saying. It’s a rand hedge and is exposed to a number of emerging markets, so dollar-based earnings and really a turn-a-round story.”
Deryck Janse Van Rensburg from Anchor Securities chose dollar cash as his stock pick of the day and Rowan Williams from Nitrogen Fund Managers chose Datatec
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
Stock Watch
WATCH: Stock picks — the dollar and Datatec
Deryck Janse van Rensburg from Anchor Securities and Rowan Williams from Nitrogen Fund Managers talk to Business Day TV
Deryck Janse van Rensburg from Anchor Securities chose dollar cash as his stock pick of the day and Rowan Williams from Nitrogen Fund Managers chose Datatec.
Janse Van Rensburg said: “I’m using the strong rand to buy dollars, I do think that the US markets are quite elevated, but I’m going to be patient.”
Williams said: “Datatec, and it’s a little bit speaking to what Deryck is saying. It’s a rand hedge and is exposed to a number of emerging markets, so dollar-based earnings and really a turn-a-round story.”
Deryck Janse Van Rensburg from Anchor Securities chose dollar cash as his stock pick of the day and Rowan Williams from Nitrogen Fund Managers chose Datatec
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