Jean Pierre Verster from Protea Capital Management and Meryl Pick from Old Mutual Investments talk to Business Day TV
27 January 2021 - 09:54
byBusiness Day TV
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Pick said: “I’m going for MTN, a few months ago there was some negative news flow once again about Nigeria and I think that spooked the market about them needing to suspend or audit SIM registrations. I think MTN was weak given what the oil price has done.”
Verster said: “My stock pick is listed in London and it’s called Asos, it’s an online apparel or fashion retailer and focuses on the youth market. They are mostly in the UK but are increasing their footprint to Europe and the rest of the world as well.”
Jean Pierre Verster from Protea Capital Management and Meryl Pick from Old Mutual Investments talk to Business Day TV
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.
Stock Watch
WATCH: Stock picks — Asos and MTN
Jean Pierre Verster from Protea Capital Management and Meryl Pick from Old Mutual Investments talk to Business Day TV
Jean Pierre Verster from Protea Capital Management chose Asos as his stock pick of the day and Meryl Pick from Old Mutual Investments chose MTN.
Pick said: “I’m going for MTN, a few months ago there was some negative news flow once again about Nigeria and I think that spooked the market about them needing to suspend or audit SIM registrations. I think MTN was weak given what the oil price has done.”
Verster said: “My stock pick is listed in London and it’s called Asos, it’s an online apparel or fashion retailer and focuses on the youth market. They are mostly in the UK but are increasing their footprint to Europe and the rest of the world as well.”
Jean Pierre Verster from Protea Capital Management and Meryl Pick from Old Mutual Investments talk to Business Day TV
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