ANALYSE THIS: Sasfin Wealth’s Lwando Ngwane
We analyse Lwando Ngwane, Sasfin Wealth equity analyst
If someone came to you tomorrow with R100m to invest in just one company, which would it be? Estée Lauder. Beauty will never go out of fashion. I think Estée Lauder offers resilience, given its brand strength in skin-care products. Its recent results proved that it is a brand that continues to exploit trends in the beauty industry and strategically position itself to outperform its peers by focusing on its key growth areas and gaining market share. I believe it offers more growth potential in the Asia Pacific region. Do you own bitcoin or any other cryptocurrencies? Why? No. Bitcoin and cryptocurrencies remind me of events like "Tulip mania". I generally like to calculate my risks and anything that reaches extraordinarily high levels makes me nervous about a dramatic collapse. What was your first job? While I was a university student I worked as a customer care agent for a company that was outsourced by Vodafone UK. It was a low-paying job with unpleasant working hours, but on the p...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.