Tag: edgar mafoko
Joining CNBC Africa to discuss the mix of global and local market news is Edgar Mafoko, Investment Portfolio Manager at FNB.
Clicks was among the JSE's top performers on Monday after reporting that interim diluted headline earnings per share will be higher than expected. The retailer attributed this to a stronger retail performance in the second half, new distribution contracts and further improvements in working capital management. Edgar Mafoko, Portfolio Manager at FNB Wealth and Investments explained why this could be bad news for Dis-Chem.
Edgar Mafoko, Portfolio Manager at FNB Wealth and Investments explains his reasons for selecting Hyprop, South Africa's largest listed specialised shopping centre Real Estate Investment Trust, as his Hot Stock.