Independent analyst Chris Gilmour and Alex Duys from Umthombo Wealth talks to Business Day TV
09 March 2021 - 09:54
byBusiness Day TV
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Gilmour said: “I’m actually going with city lodge, believe it or not. It was being priced for failure up until fairly recently and they’ve survived, they’ll be approaching break-even occupancy in about May or June, and I think once that happens ... the market will sit up and take notice.”
Duys said: “I’m going for a small cap, a Mustek, which is an import assembler and distributor of ICT hardware. For those that are not familiar with their last interim update results, they were fantastic, revenue growth was up in excess of 28%.”
Independent analyst Chris Gilmour and Alex Duys from Umthombo Wealth talks 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.
WATCH: Stock picks — City Lodge and Mustek
Independent analyst Chris Gilmour and Alex Duys from Umthombo Wealth talks to Business Day TV
Independent analyst Chris Gilmour chose City Lodge as his stock pick of the day and Alex Duys from Umthombo Wealth chose Mustek.
Gilmour said: “I’m actually going with city lodge, believe it or not. It was being priced for failure up until fairly recently and they’ve survived, they’ll be approaching break-even occupancy in about May or June, and I think once that happens ... the market will sit up and take notice.”
Duys said: “I’m going for a small cap, a Mustek, which is an import assembler and distributor of ICT hardware. For those that are not familiar with their last interim update results, they were fantastic, revenue growth was up in excess of 28%.”
Independent analyst Chris Gilmour and Alex Duys from Umthombo Wealth talks to Business Day TV
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