Picture: 123RF/RATTANASIRI INPINTA
Picture: 123RF/RATTANASIRI INPINTA

Steven Schultz from Momentum chose RMH as his stock pick of the day.

“My stock pick this evening is RMH Properties, it is a counter that this week took quite a significant dive in price, following a special dividend yesterday of 80c. It is a Reit [real estate investment trust], but unlike many Reits in SA, it operates with a slightly different model, whereby they align themselves with the best to be property developers and then monetise those properties.”

Steven Schultz from Momentum talks to Business Day TV about his stock pick of the day

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