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Stock Pick - 29 June 2010 - Aveng 3400
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We will put forward Aveng Thats quite a different stock pick Id imagine being in the building and construction sector We are reasonably comfortable that economic growth is stable and improving in South Africa. Investors have thrown in the towel with building and construction and theres concern post 2010 is there life after death We think there is - infrastructure spend seems to be intact They have a lot of cash on their balance sheet and theyre sitting on an attractive multiple so at around R34 wed be comfortable buying Aveng
Added on 29-06-2010 by bdfm
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Runtime: 0m55s | Views: 1417 | Comments: 0

Tags:  Stock  Pick  29  June  2010 
Channels:  Summit TV 
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