Picture: 123RF/PHONGPHAN
Picture: 123RF/PHONGPHAN

Independent Analyst, Chris Gilmour chose Afrimat as his stock pick of the day and Gary Booysen from Rand Swiss chose MTN

Gilmour said: “I’m going with Afrimat, the iron-ore prices are staying remarkably high. Companies like Tianjin are mining it at about $126 a ton and Afrimat is mining at about $30 a ton, it’s a no-brainer.”

Booysen said: “I’m going for MTN, MTN has an incredibly diverse exposure to to general African and emerging markets, they are difficult territories, absolutely, but that’s really where the opportunity is for us.

Independent analyst Chris Gilmour and Gary Booysen from Rand Swiss talk to Business Day TV

Would you like to comment on this article or view other readers' comments?
Register (it’s quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.