Graeme Franck from PSG Wealth Sandton Grayston talks to Business Day TV about his stock pick of the day
21 July 2021 - 08:42
byBusiness Day TV
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“I’m going for something different today and obviously you would have to believe in the longer-term trajectory in SA, which we do, and we would go for AECI. It’s an industrial company which has fairly large exposure to mining, health care and chemicals. The share price has come down from around R120 over the last two years to R95 and in the Covid-19 nightmare that we have seen they even managed to pay a dividend of R5.70.”
Graeme Franck from PSG Wealth Sandton Grayston 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 — AECI
Graeme Franck from PSG Wealth Sandton Grayston talks to Business Day TV about his stock pick of the day
Graeme Franck from PSG Wealth Sandton Grayston chose AECI as his stock pick of the day.
“I’m going for something different today and obviously you would have to believe in the longer-term trajectory in SA, which we do, and we would go for AECI. It’s an industrial company which has fairly large exposure to mining, health care and chemicals. The share price has come down from around R120 over the last two years to R95 and in the Covid-19 nightmare that we have seen they even managed to pay a dividend of R5.70.”
Graeme Franck from PSG Wealth Sandton Grayston talks to Business Day TV about his stock pick of the day
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