Mark du Toit of OysterCatcher Investments and Chantal Marx of FNB Wealth & Investments both chose PSG Group as their stock pick for the day.
Du Toit said: “We like the companies hosted within the PSG. It is trading at a 40% discount on some of its parts, a fairer discount would be at the 25% level, so I think in the short term you can get a good eyesight rating. “
Marx said: “My vision is a little more short-term. I definitely think the discount went too far. The companies within the PSG stable have actually weathered this Covid-19 storm quite well, I mean Stadio and Curro have come out with pretty decent results. “
