WATCH: Stock pick — Motus Holdings

Imtiaz Suliman from Sentio Capital chose Motus Holdings as his stock pick of the day.

“Motus is a company that was spun out of Imperial. it is trading at a 5% dividend yield and they play in the SA vehicle market. Importantly their fortunes are not entirely tied to an uptick in new vehicle sales. They have quite a high base of annuity income, which comes from servicing revenue, financial services and that is more annuity and recurring in nature.”