Waldo du Plessis from Nitrogen Fund Managers talks to Business Day TV about his stock pick of the day
15 October 2020 - 11:13
byBusiness Day TV
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“I’ve gone with Reinet, which is a traditional holding company. They have a big investment in British American Tobacco and then a UK insurer called Pension Corporation. The reason I’m going for Reinet is because it’s trading at a really wide discount against historical levels at 42%.”
Waldo du Plessis from Nitrogen Fund Managers talks to Business Day TV about his stock pick of the day
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.
Market Analysis
WATCH: Stock pick — Reinet
Waldo du Plessis from Nitrogen Fund Managers talks to Business Day TV about his stock pick of the day
Waldo du Plessis from Nitrogen Fund Managers chose Reinet as his stock pick of the day.
“I’ve gone with Reinet, which is a traditional holding company. They have a big investment in British American Tobacco and then a UK insurer called Pension Corporation. The reason I’m going for Reinet is because it’s trading at a really wide discount against historical levels at 42%.”
Waldo du Plessis from Nitrogen Fund Managers talks to Business Day TV about his stock pick of the day
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