Podcasts about mccurrie

McCurrie from FNB Wealth & Investments joins Business Day TV for a broader look at the day's market performance.

Billy McCurrie was 12 years old when his dad was killed by the IRA and consumed with fury, Billy joined the Ulster Volunteer Force at 16, and a year later he was ordered to kill someone. Sentenced to life at 17, Billy spent 10 years in prison and it was there that the Lord saved him. He shared his testimony recently at the 2022 Fellowship Conference UK.--0-00 - Preview-4-59 - My Dad was shot dead by the IRA.-11-00 - Murdering a man in cold blood.-13-02 - Beginning his prison time.-15-40 - How Peter would evangelize to others in jail while cutting their hair.-18-34 - God sending magazines from New Zealand---23-26 - I had never felt guilty for murder.-28-20 - His mother's conversion.-30-57 - Baptizing ourselves in prison.-32-13 - What happened to the girl who would write him every day---34-32 - During the hunger strike.-35-56 - The wicked Roman Priest's involvement in the hunger strike.-37-20 - Released from prison in 1985.-38-26 - Met a man who had massive hatred, even 53 years after the offense.-41-32 - Christ gives hope to sinful and wicked men.

Billy McCurrie was 12 years old when his dad was killed by the IRA and consumed with fury, Billy joined the Ulster Volunteer Force at 16, and a year later he was ordered to kill someone. Sentenced to life at 17, Billy spent 10 years in prison and it was there that the Lord saved him. He shared his testimony recently at the 2022 Fellowship Conference UK.--0-00 - Preview-4-59 - My Dad was shot dead by the IRA.-11-00 - Murdering a man in cold blood.-13-02 - Beginning his prison time.-15-40 - How Peter would evangelize to others in jail while cutting their hair.-18-34 - God sending magazines from New Zealand--23-26 - I had never felt guilty for murder.-28-20 - His mother's conversion.-30-57 - Baptizing ourselves in prison.-32-13 - What happened to the girl who would write him every day--34-32 - During the hunger strike.-35-56 - The wicked Roman Priest's involvement in the hunger strike.-37-20 - Released from prison in 1985.-38-26 - Met a man who had massive hatred, even 53 years after the offense.-41-32 - Christ gives hope to sinful and wicked men.

Billy McCurrie went from being a terrorist to evangelist; hear as he shares about how the Lord Jesus saved his soul. » View: From Terrorist to Evangelist: Billy McCurrie's Testimony

Wayne McCurrie from FNB Wealth & Investments chose Naspers as his stock pick of the day and David Shapiro from Sasfin Securities chose Merafe Resources. McCurrie said: "Going for Naspers, I think they will backtrack when they when they see the market reaction because they are clearly as David said earlier aware of the market and aware of of the reactions and they need big tech. There's lots of reserve in the Naspers share price to put it another way, there's lots of inherent value there if all of the other investments come to fruition over time." Shapiro said: "You have to look at Marefe, they came out with their results and I always like to go through numbers, the share's trading at 80 cents, I think it's up to 90 now. They have got 700 or almost 800 million rand on the balance sheet in cash, the market cap is only about 2 billion or just over so that's 30,35 to 40% in cash the earnings from a massive minus number last year it's suddenly gone up to around 23, so if that was for the half year and they doubled it the shares are on a 2PE, I can't find anything to counter it so, if anybody wants a wild punt and it's only for a few bob, this has got to be that."

David Shapiro from Sasfin Securities chose ASML as his stock pick of the day and Wayne McCurrie from FNB Wealth & Investments chose Naspers. Shapiro said: "Just SAML, my best company with incredible results out in Amsterdam today. They are just pumping, they make the machines that make chips so just a wonderful result and I still think there's upside." McCurrie said: "I'm going for Naspers, the shares are down 11% year on year which is astonishing for Naspers, then buy the Naspers and swap it out for the Prosus, I think there is some upside there, just remember if you do sell it out and take the Prosus it's a tax event and just make sure you understand the implications."​

David Shapiro from Sasfin Securities chose Qualcomm as his stock pick of the day and Wayne McCurrie from FNB Wealth & Investments chose SA Banks. Shapiro said: "I'm going for Qualcomm simply because Bloomberg pointed it out as one of the 10 shares to watch. McCurrie said: "I'm repeating myself from last week, SA Banks you are buying at a 6% to 8% forward dividend yield one year out, that's properly

Wayne McCurrie from FNB Wealth & Investments chose SA Banks as his stock pick of the day and David Shapiro from Sasfin Securities chose Diageo. McCurrie said: "I'm going back to the good old favourites, they've come under a bit of pressure recently but are up again today. Go for the South African banks, the increase in earnings that they're going to show this year is going to be astonishing, because they're way over provided for bad debts and you're going to see a very high growth in the dividend payouts as well. So go for an SA bank." Shapiro said: "I was looking for a British listed beer company you know, the equivalent of AB InBev or Heineken but I couldn't find it, so my proxy is Diageo. The only reason is I think that England are going to win the Euro the Brits are going to drink themselves into a stupor"

Wayne McCurrie from FNB Wealth & Investments chose Chip Manufacturers as his stock pick for the day and David Shapiro from Sasfin Securities chose Ferrari. McCurrie said: "Any chip manufacturer, there's such a shortage of chips worldwide, they're expanding their capacity and they are going to make a killing." Shapiro said: "I'm going for Ferrari because they're going the electrical route and they've just appointed Benedetto Vigna who's a semiconductor man, he's a chip-man and he's been appointed the new CEO of Ferrari. Yes it's going to take a bit of time but they're going to zoom away."

Wayne McCurrie from FNB Wealth & Investments chose SA Banks as his stock pick of the day and David Shapiro from Sasfin Securities chose Global Lithium & Battery ETF. McCurrie said: "It's difficult to come in and say something, there is a lot of turmoil in the markets but given the weakness we've had in SA shares in this last week, some are starting to show a little bit of value again. Maybe go for a bank, maybe a retailer. They've come off quite a bit and I think the prices will go up so that'll be my pick. I mean I'll actually take one of the big banks, FirstRand or Standard Bank, one of those two" Shapiro said: "I have an ETF called LRT which is Lithium & Battery and they still got 45 exposure and just doing the numbers in what we are seeing now in the auto industry I still think this is an area, even though it's run, that still has a lot more upside I'm very enthusiastic about what's happening around there"

Wayne McCurrie from FNB Wealth & Investments suggested to sell the rand, buy pound, buy dollar, buy Euro and David Shapiro from Sasfin Securities chose Novus. McCurrie said: "My stock pick I know it's the second time in two weeks but my stock pick is again to sell the rand and buy currency, buy pound by dollar buy euro." Shapiro said: "Novus is the one, it has 400million or 440 million rand in cash and it's got a net market value of about 800million, they came out with their results and somewhere along the line they're going to use that cash."

Wayne McCurrie from FNB Wealth & Investments chose Bidvest​ as hi stock pick of the day and David Shapiro from Sasfin Securities chose McDonald's. McCurrie said: "One share that still shows a little bit of value seeing as it was the subject we spoke about, came out​ with fantastic results today and that's Bidvest, why not. It looks good, they have good cash generation and whenever a company says things like "truly outstanding" or "exceptional" you know they're doing well. I mean the economy is still going to grow by 4% this year so they're looking well in an economy that hadn't really started any form of recovery. The valuations don't look unreasonable either." Shapiro said: "Well with the rand at these kind of levels and people overseas spending like there's no tomorrow as they open up in the US and they're going into the summer and holiday season, I would say Nike for all the kids who are going to camp but I think McDonald's. McDonald's have repositioned themselves really well it's become a health food company now it's no longer those dirty burgers. I'm overly impressed with the way that they've restructured the business"

Wayne McCurrie from FNB Wealth & Investments is suggesting to take money offshore and David Shapiro from Sasfin Securities chose Barloworld. McCurrie said: "Take your money overseas with the rand at this price." Shapiro said: "The one I like is Barloworld, simply because they're exposed to the mining industry which is expanding."

David Shapiro from Sasfin Securities chose Global X Lithium & Battery Tech ETF and Wayne McCurrie from FNB Wealth & Investments chose Pfizer & Transaction Capital. Shapiro said: "Climate change is going to be such a big subject, there's a lovely ETF, (LIT) is its code which is a lithium and battery ETF as well and I think we've got to start getting involved in this because it's going to dominate talk for so long."McCurrie said: "I had two candidates; Phizer came out with results that were spectacular, I mean their vaccine is going to shoot the lights out as far as sales and profits are concerned but then also Transaction Capital came out with the trading update which is amazing."

Wayne McCurrie from FNB Wealth & Investments chose Samsung as his stock pick of the day and David Shapiro from Sasfin Securities chose LG. McCurrie said: "I'm going for Samsung, their earnings were up 48%, the revenue was up 17% and it's a theme that I've been on for awhile now, during lockdown people are buying pcs and new fridges and new household appliances because they're spending so much time at home so I mean the Samsung results were spectacular and the the price to earnings ratio seems very reasonable for this type of results." Shapiro said: "I'll go for LG and LG Chem is actually a battery company which I'll take a punt on now. I just think together with CATL, I think it's CATL which is the Chinese business I think this is one we can get and I'm very interested in finding battery power."

Wayne McCurrie from FNB Wealth & Investments chose Naspers as his stock pick of the day and David Shapiro from Sasfin Securities chose Tencent. McCurrie said: "I actually had a good look at Tencent's results and I thought long and hard about the discount, I think Naspers in the longer term is going to be a very very good investment, even at these levels." Shapiro said: "I'm going for Tencent because I did what Wayne did, I went through these results and you know what's also interesting is that they're advertising is very low, they haven't even started getting money from advertising, it's still a minor part of their of their income now, so they have an enormous scope to actually build up on that."

Wayne McCurrie from FNB Wealth & Investments chose Spar as his stock pick of the day and David Shapiro from Sasfin Securities chose Volkswagen. McCurrie said: "I'm going for Spar, the share price has lagged a little bit and their results were not that great." Shapiro said: "I'd say probably Volkswagen, although it's up 10% today and it continues to go and that's because the focus now with all manufacturers are electric vehicles. It's going to be the talk for the next decade. All the new cars that they bringing out are going to be electric."

David Shapiro from Sasfin Securities chose ​Adidas as his stock pick of the day. McCurrie said: "It's hard enough to have a good investment idea every three years and to come up with one every week's very difficult so I'm just sitting back." Shapiro said: "I looked at Adidas, their numbers came out on Wednesday which was very good. They've always been behind Nike and I like what's happening in China, I think that there's such huge growth ahead and Adidas like Nike are brands that are well consumed."

With a lot of positive feedback from me having Fj on as a guest, I wanted to have him on again to discuss his recent award winning documentary, producers in the 731, Black Business and a whole lot more that we didn't get in on the first one. This is so good and informative, that you will want more! Thank you for all the support, much love! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/whatthagrit/message

David Shapiro from Sasfin Securities chose American Banks as his stock pick of the day and Wayne McCurrie from FNB Wealth & Investments chose Cashbuild.​ Shapiro said: "I like American Banks, and I've avoided them for a long time but I think as things pick up now, especially with interest rates going up, margins are going to increase. As we get into the northern hemisphere summer I think you're going to see more spending and I think they've also over provided. They are buying back their shares and they're going to declare dividends, so I think there's an opportunity in there." McCurrie said: "Good old-fashioned South African company, Cashbuild. They had extraordinary good results, all the people are staying at home and fixing that door that's broken or the window that squeaky and I don't think this is going to stop because you're not rushing back into the office next week."

Wayne McCurrie from FNB Wealth & Investments chose Home Depot as his stock pick of the day and David Shapiro from Sasfin Securities chose Sibanye-Stillwater. McCurrie said: "I'm getting on to this and maybe it's a bit late in the day, this DIY stay at home story. You look at Cashbuild's and Builders' results and they are fantastic. So I'm going to go for a Home Depot in America. They came out with a very good set of results, people are literally staying at home and fixing all the things at home. Now I know that it won't last forever, but it looks like a reasonable short term investment. It's a good company, it has strong cash flows, so maybe it's a little bit of a boring pick, but I think a fairly solid pick" Shapiro said: "Well I think out of all the results that I went through, the two that stand out is Sibanye and Kumba, and admittedly Anglo Plats as well. But, I think I will just go for Sibanye, I just think Froneman is something else."

Hello everyone, in this episode my guest is Frank McCurrie a.k.a. Fj. We discuss his promoting days with his company Knocdown as well as his Knocdown film company, apparel company Living & Growing and so much more. If your curious about starting your own company this is the show to listen too. God Bless and thank you for your support!!!! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/whatthagrit/message

Wayne McCurrie from FNB Wealth & Investments chose CVS Health as his stock pick of the day and David Shapiro from Sasfin Securities chose L’Oreal. McCurrie said: "I'm going with an American company called CVS Health, a hospital health group and they came out with their results on Tuesday. Slightly disappointing results but their outlook is very very good. They're forming some alliances and with people going online, they've hit the mark with healthcare at home. Their price earnings ratio looks relatively low." Shapiro said: "I'm going for L'Oreal, they have very good skincare products and coming on the back of some very good numbers, I think stay at home people, the return of the Asian markets has been pushing up the demand for skincare - particularly online."

David Shapiro from Sasfin Securities is looking at commodity prices and Wayne McCurrie from FNB Wealth & Investments chose Long4Life. Shapiro said: "I could buy anything today, I haven't even thought about it etc because everything's going up and it's so difficult to try and identify any particular business. I must tell you that I have been impressed by where commodity prices are going. For the first time in a long time I'm not averse to things like Anglo American or BHP Billiton at these kind of levels." McCurrie said: "I was going to go for a big discount share, Naspers but after talking about Long4Life, there's another big discount share so why not and there's a big discount to nav."

David Shapiro from Sasfin Securities chose Microsoft as his stock pick of the day and Wayne McCurrie from FNB Wealth & Investments chose cash. Shapiro said: "I looked at Microsoft's results and they are​ pretty good, I think we're going to get similar results from all the tech companies. I looked at the gaming side and the cloud side of Microsoft and I still think these are massive themes that are going to dominate. McCurrie said: "I'm going to be a bit more cautious and I'm going to sit on cash. I think there could be a little bit of weakness coming into the market."

Wayne McCurrie from FNB Wealth chose Anglo Gold as his stock pick of the day and Nesan Nair from Sasfin Securities chose Naspers. McCurrie said: "I'm going for Anglo Gold, I think it's the first time I've ever punted a gold share, I know the share prices are still high relative to the underlying gold price. They have come off quite significantly since the peak in the middle of last year but I think shorter term and I don't think dramatically but I think there's rising inflation and higher interest rates coming through the system, and maybe even a little bit of stock market volatility. In that scenario it's not a long-term plan but I think in the next month or two the gold shares could actually do quite well." Nair said: "I'm going to go for Naspers, just on the price action in the last week, I mean you cannot ignore it. Every day you switch on that screen and it's up a percent or two or four. Something is going on here it's not just the share buybacks, there certainly seems to be a lot of buyers out there so that's one I think we should look at in the short term."

David Shapiro from Sasfin Securities chose Sea Group as his stock pick of the day and Wayne McCurrie from FNB Wealth & Investments chose Transaction Capital & Cartrack. Shapiro said: "I'm still into tech and there's a company in Singapore called Sea Group that do digital payments, gaming and e-commerce. And why I like it is it serves the whole of South-east Asia and I like that area very much. They are out of Covid and they're going to grow a lot faster than some of the developed countries, so I'm directing quite a bit to that area." McCurrie said: "I've got two stock picks, first Transaction Capital, I know the share price is at quite high levels but it's a fantastic company over time. And then Cartrack and I know about all the hype on Cartrack and going to Nasdaq, but they just came out with the trading updates and their share price was up 5%, a fantastic trading update."

David Shapiro from Sasfin Securities chose Ferrari as his stock pick of the day and Wayne McCurrie from FNB Wealth & Investments chose cash. ​ Shapiro said: "Ferrari is traded at an all-time high yesterday and continued today. Their third quarter numbers were absolutely staggering, to think that people in this kind of climate continue to buy Ferraris, it's astonishing but it happens and the company's even looking for for ongoing gains in the fourth quarter." McCurrie said: "I'm still going to sit back on cash. I think there could be a bit more uncertainty coming over the next while but I'm not worried about the level of overseas markets. The economy is recovering, there are earnings, interest rates are clearly not going up and the long bond is staying very low. But, just in the very short term, sit back and wait."

Wayne McCurrie from FNB Wealth & Investments and David Shapiro from Sasfin Securities both chose cash as their stock picks of the day. McCurrie said: "Sitting cash, waiting to buy. If the US tech shares and all the good companies come down 10 or 15% we're going to be buying. Shapiro said: "You have to look East, I'm with Wayne on cash but I was quite pleasantly surprised at the way that China has been responding."

David Shapiro from Sasfin Securities chose Autonation as his stock pick of the day and Wayne McCurrie from FNB Wealth & Investments chose Philip Morris. Shaprio said: "I'm going for a company called Autonation. They sell motor cars in the US but they've got distributorships both in new and used. Their results were out today which were really incredible and it's mainly because people in the US are buying second-hand cars as they are preferring to own cars rather than to use public transport." McCurrie said: "I'm going to go to Philip Morris, they came out with their results which were fairly good and their heat-not-burn products are growing phenomenally. You're buying it on a forward price earnings ratio that's at 12% or 13% and you're going to get a very high dividend yield."

David Shapiro from Sasfin Securities chose to back global markets recovery and Wayne McCurrie from FNB Wealth & Investments chose Prosus as his stock pick of the day. Shapiro said: "I would back the blue wave, I think that we're going to see strong markets after the election for whatever reason. It's hard to call it but I think that there will be stimulus packages as well, so I'm backing global markets picking up." McCurrie said: "I'm going for Prosus, when you look at the Prosus and you take out the value of Tencent, about 50% of the rest of the valuation of the shares are actually classified and classified listings are going up hand over first right now. "

Wayne McCurrie from FNB Wealth & Investments chose Tupperware as his stock pick of the day and David Shapiro from Sasfin Securities chose Docusign Inc. McCurrie said: "I'm going for Tupperware, and no I'm not hosting a party, but Tupperware have gone up enormously already this year and with home cooking and staying at home and in lockdown with less eating out, people need more Tupperware and they're buying it like crazy." Shapiro said: "I've been having to sign a lot of documents using Docusign, and I thought it was a great concept, this has got to be the future. I thought okay, I'm going to go and have a look at the company. The only trouble is I missed the boat, the shares are up about 190% this year but still i think it's worth looking at."

Wayne McCurrie from FNB Wealth & Investments chose British American Tobacco as his stock pick of the day and David Shapiro from Sasfin Securities chose Nike. McCurrie said: "I'm going back to a perennial favourite and that is British American Tobacco. It's a 6% dividend yield, it's in a single digit price earnings ratio and the price hasn't really recovered dramatically since the big fall-off that we saw, this has generated serious cash flows." Shapiro said: "I was looking through Nike's numbers and they are absolutely outstanding. They are back in profit and the reason that I bring it up is just that I wish our apparel retailers could actually look at the Nike model. Admittedly Nike is a brand that's selling through its own stores but it's focusing on stay-at-home people who are buying casual apparel and casual wear."

Business Day TV — David Shapiro from Sasfin Securities chose Nvidia as his stock pick of the day and Wayne McCurrie from FNB Wealth & Investments chose Bidvest Shapiro said: "What I do like very much is Nvidia, they're buying ARM in a 40 billion deal and I'm still a big favorite of the semiconductor companies as well. I think Nvidia is the leading semiconductor company at the moment. McCurrie said:"I'm going for Bidvest, they've taken all the charges in the income statement at these current results and they wrote off three odd billion. They have an underlying earnings base of about R10 a share and there's going to be big growth coming in the next couple of years because they've cleaned out the base they've got a strong balance sheet. I also think this can go to R200 a share quite comfortably"

Business Day TV — Wayne McCurrie from FNB Wealth & Investments chose SA Govt Bonds as his stock pick of the day and David Shapiro chose Splunk. McCurrie said: "I'm going to one of my favorites that I've given a while back, buying SA government bonds ona three-year view. You're getting a 10% return , 6%-7% real return and you're taking rand risks. The government will always pay you back in rands so the chances of defaulting are very small. And that the sort of return you would expect from equity in five to ten years." Shapiro said: "I'm going for Splunk, it's a software company that interrogate data and the cloud and they write software that you can utilize to understand your business better."

Business Day TV — David Shapiro from Sasfin Securities chose Home Depot as his stock pick of the day and Wayne McCurrie from FNB Wealth & Investments chose Clientèle. Shapiro said: "I'm buying Wayne's favourite, Home Depot - their results were absolutely staggering and that's mainly because people are going to their shops to improve their houses." McCurrie said: "I'm suggesting a company called Clientèle life, they've been very resilient for a long time with an enormous return on equity, as high as 30%."

Business Day TV — David Shapiro from Sasfin Securities chose Nvidia as his stock pick of the day and Wayne McCurrie from FNB Wealth & Investments chose Standard Bank. Shapiro said: "I like Nvidia, they're an advanced micro devices company and I think it's up another 13%. They are making headway while Intel is going in the other direction. The gap that intel is going to make is going to be made up by other semiconductor companies like Nvidia." McCurrie said: "I am going for a South African bank, I know it's an unloved sector but, there is true value in it. I only really picked Standard Bank because they came out with their results on Wednesday and it says that earnings didn't go to zero, earnings didn't disappear, earnings are between 30%-50% down for the six-month time period. Yet, the shares are down 40 so there is a lot of inherent value in those shares."

Business Day TV — David Shapiro from Sasfin Securities chose Intuitive Surgical as his stock pick of the day and Wayne McCurrie from FNB Wealth & Investments chose British American Tobacco. Shapiro said: "The company that I like is a company called Intuitive Surgical which is running in the US at the moment. It's an invasive surgery but a robotic invasive surgery. It's a super business and the robotic side of medicine that is developing is worth a look at, especially now that people are coming back for those elective surgeries." McCurrie said: "An old favourite of mine, British American Tobacco, I know smoking's banned in South Africa but it is so small in their lives, it doesn't even matter as it hasn't been banned anywhere else. You get a 7% dividend yield and they have good cash flows."

Business Day TV — David Shapiro from Sasfin Securities chose Lindt & Spruengli as his stock pick of the day and Wayne McCurrie chose Transaction Capital. Shapiro said: "You have to buy chocolate, if you are going to go into Europe, buy Chocolate. I was looking at a Swiss company called Lindt & Spruengli, it's a great company it's growing from 5% - 7%, they have upgraded all their manufacturing process." McCurrie said: "I'm going back to a favourite of mine, I think Transaction Capital, they haven't fallen as much as other companies but are still below R20 a share and we all know that for whatever reasons, the taxi industry is back in full swing. I think they will do quite well going forward, probably better than any other average company."

Business Day TV — David Shapiro from Sasfin Securities and Wayne McCurrie from FNB Wealth & Investments both chose ASML as their stock picks of the day. Shapiro said: "ASML is a wonderful company, it's a lithographer that makes the equipment that allows chipmakers to make their chips. A very scientific business and well worth putting in a portfolio." McCurrie said: "I'm just going to piggyback on Shapiro"

Business Day TV — David Shapiro from Sasfin Securities chose S&P Global Inc as his stock pick of the day and Wayne McCurrie from FNB Wealth & Investments chose Growthpoint Properties. Shapiro said: "S&P global which is really a data collecting company, they publish indices but they are also an analytical company as well and I've been absolutely knocked out by the quality of these businesses, without any type of risk. So, if you look at the chart of S&P Global it just go from bottom left to top right. Very solid business." McCurrie said: "I'm going for Growthpoint, because it's cheap, on a forward dividend yield basis, its cheap. Don't put all your money into it, you're going to have to wait for at least two years until you get proper dividend distribution from the property companies. But understand the share price is down 40%, the net asset down 15% and distribution will only be affected in two years, so you are buying this share at a decent price."

Business Day TV — David Shapiro from Sasfin Securities chose Stenham Properties as his stock pick of the day and Wayne McCurrie from FNB Wealth & Investments chose Transaction Capital. Shapiro said: "I was asked to look at Stenham Properties by one of my clients and I was pleasantly surprised by the performance. If you look at their chart it's one property company moving in the right direction, from bottom left to top right. So have a closer look at it, don't take it as an endorsement, just look carefully." McCurrie said: "I'm going for Transactions Capital, I think I have called it a few times before. If there is any price weakness tomorrow, buy it for the longer term."

Business Day TV — Wayne McCurrie from FNB Wealth & Investments chose SA Bonds as his stock pick of the day and David Shapiro from Sasfin Securities chose the rand. McCurrie said: ​"If you buy a SA government bond you get a 9% yield and if you take out the currency of 6%, you take out the rand risk or the rand collapsing in total, and you take a 4% on a sovereign risk if the government doesn't pay you back in 5 or 10 years’ time." Shapiro said: "I'm agreeing with Wayne and buying the rand, with the rand and the dollar under pressure looks like it's heading towards R16 to the $ and I thought R16,50 would be the base but it's looking much better and that is really on dollar weakness."

Business Day TV — Wayne McCurrie from FNB Wealth & Investments chose cash as his stock pick of the day and David Shapiro Sasfin Securities chose Experian. McCurrie said: "I'm sticking to cash, third week in a row" Shapiro said: "I'm looking at a company called Experian, it's in an area of the market that I like very much it's it data analytics. This is a company that looks at data on behalf of businesses and analysing the data, either from a marketing point of view, from a fraud point of view all kinds of operations. Companies produce the data and Experian looks at it, analyses it and gives their conclusions. It's in the same kind of mold as Moody's or S&P Global, no fixed costs, no issues, no risks around it, so have a look at this company that is based in Ireland."

Business Day TV — David Shapiro from Sasfin Securities chose Tech Stocks as his stock pick of the day. McCurrie said: "I'm sitting back, even though I recognize there's value this rally has been too quick too soon and I think it can go back maybe not to its previous levels but we have still got to get to the peak of the bad news being reported. Will the economy shrink 6% or 15%, will unemployment in the US be 10% or 80%, will retail sales have fallen 30% or 50%, we just don't know that yet, so I'm going to sit back for a while." Shapiro said: "I'm tech bullish, I looked at Netflix numbers, even though the shares are down they increased their subscribers by double the amount that they expected, nearly 16 million new subscribers. What I'm highlighting here and I'm not saying go and buy Netflix, it's just how much tech has changed the lock down and just how much they've grown. So, just keep an eye on tech all of them are going to get staggering results coming up"

Business Day TV — Wayne McCurrie from FNB Wealth and Investments chose Retailers as his stock pick of the day and David Shapiro from Sasfin Securities chose FAANG Stocks. McCurrie said: "I think you can pick SA retailers, I think that you can go for Spar, Pick 'n Pay or Shoprite. I'd be a little bit cautious about Woolies but that's because of Australia. But you know it once again a consistent theme and I hope I'm not boring anyone, but when life return to some form of normality these shares will also return to some form of normality." Shapiro said: "You have to buy the FAANGS, and not only the FAANGS but also those semiconductor companies and I think those companies are just going to get stronger and stronger. And they are not going to have regulators onto them wanting to break them up and split them up and so on, they are just generating cash so if you do want to place yourself in one part of the market just stay with FAANGS."

Business Day TV — Wayne McCurrie from FNB Wealth & Investments chose Ecolab Inc as his stock pick of the day and David Shapiro from Sasfin Securities chose ETF - FAANG stocks. McCurrie said: "A company called Ecolab, they're in water and sanitation. They run big projects for industrial people to sanitise the food and the water supply and it's a US company with a whole range of sanitary products. The results look reasonably good going forward, earnings growth 10%-12% and the outlook actually looks quite surprising. The share price has come off a bit but you're paying a 25 PE ratio, so it's not low but the earnings growth of up to 12% look great and management's very optimistic. "Shapiro said: "The FAANG stocks look very appealing and you can find an ETF for a FAANG, unfortunately I never brought it with me now but I think that there's one in Canada that we're looking at very closely, and it's also slightly geared so you get three times the profit. It is only the 5 or 6 stocks within the FAANGS, you're not buying an ETF that stretches, there's a lot of upside to this, particularly because they are so cash generative. So even in a difficult environment they have enough cash to survive and continue to invest in their own business."

Business Day TV — David Shapiro from Sasfin Securities chose Alphabet Inc as his stock pick of the day and Wayne McCurrie from FNB Wealth & Investments chose Mondi. Shapiro said: "If I had to choose a pick in the FANG grouping, I would say probably Alphabet, simply because their valuations are better than Facebook. I also think Amazon is a good option, they beaten off their competition and they continue to dominate." McCurrie said: "With the e-commerce company's needing boxes, you need a stalwart like Mondi to produce the boxes for them to use for shipping and what people don't realise is that previously you would buy your 10 000 tubes of toothpaste at the supermarkets and they would put one box with 10 000 tubes in, take off the top and that would be your display. Individuals are buying it online now and you need many many more boxes."

Business Day TV — Nick Kunze from Sanlam Private Wealth chose Investec as his stock pick of the day and Wayne McCurrie from FNB Wealth & Investments chose Tencent Kunze said "I'm gonna pick Investec today, we like the stock as a house and we like what they doing. Their spinning off with the new "nine one" or 91 is coming before the end of the second half of next year. Nice set of results recently, they came out with a trading statement - they were really good. Stocks trading on an 8 p/e, they are growing their assets in an environment which is not easy in pounds - in real money and we think it's got further upside so we like it. McCurrie said:"I'm going back to on a pick from not that long ago, I'm going for Tencent simply because I read the management statement that they made and they actually very bullish. I've never seen them make such bullish statements, they're very happy about their payment side, the people buying games and playing games has been declining for quite a while now, the growth rate has been declining and with the growth through almost zero. That's picked up quite sharply again. With the next set of results which is due to come out quite soon, they should actually show a really solid, almost a turnaround in their profitability. So I'm going for it again, on the back of management being very bullish."

Business Day TV — Wayne McCurrie from FNB Wealth & Investments chose Woolworths as his stock pick of the day and David Shapiro from Sasfin Securities chose Medtronic. McCurrie said: Going for Woolworths I think that the SA consumer is at the bottom and going to turn, food inflation is coming through the system, it looks reasonable. Shapiro said: "I saw Medtronic's results that came out and they were very very impressive. They make little devices like heart pacemakers and they have this little one that they put in the vein. But look at it, it's really good. Don't buy the drug companies, buy the device companies."