WATCH: Stock pick — AECI

Independent analyst Chris Gilmour did not have a stock pick but Ricus Reeders from PSG Wealth Sandton chose AECI.

Gilmour said: “Take a 10-year view because then there’s an awful lot of perceived and apparent value and so many things can go bad. I’d be sitting on my hands, I really wouldn’t be venturing into this market at all at this point.”

Reeders said: “As I’ve said in the past few weeks anything that I said looks interesting comes about with that big caveat and that you should have a stop-loss in place. Today is AECI.”

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