WATCH: Stock picks — Afrimat and bonds
Independent analyst Chris Gilmour and David Shapiro from Sasfin Securities talk to Business Day TV
Independent analyst Chris Gilmour chose Afrimat as his stock pick of the day and David Shapiro from Sasfin Securities chose to look at bonds.
Gilmour said: “Afrimat I think has got all the qualities inherent, it has a nice rand-hedge side of things, they know precisely what they’re doing. It’s not really a construction stock at all; it’s more a mid-tier miner stock and I think there’s a lot going for it.”..