Stock Watch
WATCH: Stock picks — Distell and MTN
Devin Shutte from The Robert Group and Deryck Janse van Rensburg talk to Business Day TV
Devin Shutte from The Robert Group (Devin%20Shutte from The Robert Group chose Distell as his stock pick of the day and Deryck Janse van Rensburg from Anchor chose MTN) chose Distell as his stock pick of the day and Deryck Janse van Rensburg from Anchor chose MTN.
Shutte said: “I’m going for Distell Group Holdings. What you have here is a well-run, locally facing company, predominantly with an impressive portfolio and they were really hit by an unexpected series of events in the lockdowns and their results reflected that. But we got an update last week for three months and there was actually a better-than-expected recovery coming through.”..
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