Business Day TV Daily Stock Picks (September 2023)
Naspers, Spar, LVMH, FirstRand, Grindrod Shipping, Rhodes Food Group, Sun International, Sappi, Mondi, Sibanye-Stillwater, Richemont, Octodec Investments, Mustek, Woolworths, etc.
Business Day TV is South Africa's most watched business news TV channel who does short (usually 1-3 minutes long) Daily Stock Pick video pitches mostly about South African stock picks (this post won’t cover any USA based ones, but does cover their other non-South African picks).
Stocks featured in their September Daily Stock Pick videos (from newest to oldest) and covered in this post include:
Exxaro Resources; Naspers and Spar; LVMH Moët Hennessy Louis Vuitton; FirstRand; Grindrod Shipping and Afrimat; Life Healthcare; Bidvest; Shoprite and Southern Sun; Impala Platinum; MTN Group; Stadio, Curro and ADvTech; Mercadolibre and Motus; SA Banks; Rhodes Food Group and Sun International; Sappi; Mondi; Sibanye-Stillwater; Hosken Consolidated Investments; Antofagasta Plc; African Rainbow Capital Investments and Richemont; Octodec Investments and Mustek; Woolworths; Nepi Rockcastle; Grindrod; Alexander Forbes Group Holdings; Glencore; Calgro M3; & Super Group
Last week, the main corporate South African news was from South Africa’s largest food group - Tiger Brands (JSE: TBS / FRA: UG5 / UG5A / OTCMKTS: TBLMY / TBLMF):
Tiger Brands’ shares surge as new CEO is announced (IOL)
Tiger Brand's share price surged as high as 19% on Friday following the food-producing company announcing that its CEO Noel Doyle will step down and be replaced by Tjaart Kruger.
According to Tiger Brands, during his tenure as CEO, Doyle and his team were required to navigate the challenges of Covid-19, civil unrest, global supply changes and high levels of inflation.
“In this period the company’s underlying operating profit trajectory was stabilised, and there have been many significant improvements in key internal operating metrics.
Tiger Brands is by no means the only interesting South African consumer stock (with a footprint beyond the country - like many other SA stocks…) as this post and previous ones show.
To make your life easier, this post includes:
A quick description of the stock pick with links to the IR page and stock quote(s) on Yahoo! Finance.
A link to any Wikipedia page (for what it might be worth…)
The title of the Business Day TV Daily Stock Pick video and their very brief summary of who is making the pitch.
The embedded video (again, they are usually 1-3 minutes long).
Forward or trailing P/E and dividend yields linked back to the Yahoo! Finance statistics page.
The latest long term technical chart linked back to Yahoo! Finance.
And as always, this post is provided for informational purposes only (and to make your life easier by providing you with relevant information, links, and charts). It does not constitute investment advice and/or a recommendation…
UPDATE: Circa late October or early November 2023, and without any explanation, the Business Day TV YouTube channel was terminated. The YouTube channel contained separate individual videos with just the few minute long stock picks without the need to watch the whole show (Note: The stock picks were usually during the last few minutes of the show) they were from (although the whole shows would be interesting for anyone investing in South African stocks). The Business Day TV website still contains the entire shows in video and/or podcast format.
Exxaro Resources
Exxaro Resources (JSE: EXX / FRA: LCQ / OTCMKTS: EXXAF) is a South Africa-based diversified resources company with a coal business and acquisitive growth prospects in minerals and energy. Exxaro is among the top five coal producers in South Africa.
Percy Mathebula from Sentio Capital chose Exxaro as his stock pick of the day
Martin Smith from Anchor Capital chose Exxaro as his stock pick of the day
Trailing P/E: 4.06 (No Forward P/E) / Forward Annual Dividend Yield: 11.86% (Yahoo! Finance)
Naspers and Spar
Naspers (JSE: NPN / FRA: NNWN / OTCMKTS: NPSNY) is a global internet group and one of the largest technology investors in the world.
Spar Group (JSE: SPP / OTCMKTS: SGPPF) is a warehousing and distribution business that provides fresh produce and high-quality merchandise to a network of independent retailers who trade under our brands.
SPAR International is the world’s leading voluntary food retail chain and the largest independent supermarket retail network in the world. SPAR International owns the SPAR brand and licences the brand to operators in countries around the world.
Wikipedia (Spar International)
WATCH: Stock Picks - Naspers and Spar
Rowan Williams from Nitrogen Fund Managers chose Naspers as his stock pick for the day and Zwelakhe Mnguni from Benguela Global Fund Managers chose Spar
Trailing P/E: 8.07 (no forward P/E) / Forward Annual Dividend Yield: 0.22% (Yahoo! Finance)
Trailing P/E: 11.82 (no forward P/E) / Forward Annual Dividend Yield: 3.61% (Yahoo! Finance)
