Makwe Masilela from Makwe Fund Managers talks to Business Day TV about his stock pick of the day
24 June 2021 - 09:34
byBusiness Day TV
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“FirstRand, yes as much as their PE [price-earnings ratio] is higher than that of the index, their dividend yield is better. The economy is doing better than we expected and we’ve also seen that when it comes to the collection rate. We’ve seen that the areas have been awakening.”
Makwe Masilela from Makwe Fund Managers talks to Business Day TV about his stock pick of the day
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.
Market Analysis
WATCH: Stock pick — FirstRand
Makwe Masilela from Makwe Fund Managers talks to Business Day TV about his stock pick of the day
Makwe Masilela from Makwe Fund Managers chose FirstRand as his stock pick of the day.
“FirstRand, yes as much as their PE [price-earnings ratio] is higher than that of the index, their dividend yield is better. The economy is doing better than we expected and we’ve also seen that when it comes to the collection rate. We’ve seen that the areas have been awakening.”
Makwe Masilela from Makwe Fund Managers talks to Business Day TV about his stock pick of the day
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FirstRand profit adds to signals of faster recovery
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