Stock Watch
WATCH: Stock picks — Raubex and Anglo American
Siboniso Nxumalo from Old Mutual Investments and Mark du Toit from OysterCatcher Investments talks to Business Day TV
02 March 2021 - 10:59
Siboniso Nxumalo from Old Mutual Investments chose Raubex as his stock pick and Mark du Toit from OysterCatcher Investments chose Anglo American.
Nxumalo said: “I’m going for Raubex, the construction company. So, in SA there used to be a lot of construction companies, now there are actually only two big ones, and Raubex was a specialist road builder. If you look at them, they’ve had a tough time over the past decade where construction has been largely out of favour.”..
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