ANALYSE THIS: Nedbank CIB’s Ridwaan Loonat
We analyse property analyst at Nedbank CIB Ridwaan Loonat
If someone came to you tomorrow with R100m to invest in just one company, which would it be? Excluding Nedbank of course, it would have to be Mastercard. The company has a credit card payment network across 150 currencies and 210 countries and has proved its ability to grow earnings through economic cycles. About 80% of global transactions are still in cash, so the size of the opportunity is immense. Its balance sheet is strong, and management have shown they have the ability to transition the business from plastic-based card payments to digital-based payments. If you found a lottery ticket tomorrow that had won $100m, what would you do with it? The banker in me would say: "Invest." Other than that, a whole lot of travelling, donating to charity and buying a 1961 Ferrari 250 GT California SWB Spider. What’s your favourite song? As a young father of two, I’ve been brainwashed into thinking it’s the PAW Patrol theme song. If you could fix one thing in SA today, what would it be? Nelso...
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