Shoppers walk past a Spitz shoe shop in Sandton City, Johannesburg. Picture: BUSINESS DAY/ARNOLD PRONTO
Shoppers walk past a Spitz shoe shop in Sandton City, Johannesburg. Picture: BUSINESS DAY/ARNOLD PRONTO

Kwame Antwi from KOA Capital chose AVI as his stock pick of the day.

“My pick is AVI. They released results yesterday, I’ve been bullish on the stock itself and I was actually spectacularly surprised. If you look at the business as a whole, yes AVI has always traded at a premium to some of its peers but in general the type of performance that they delivered, even though quite a substantial part of their businesses faced restrictions during lockdown, it’s testimony to the strength of their portfolio and also to the kind of management that they have.”

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