WATCH: Stock pick — PSG Group

Graeme Franck from PSG Wealth chose PSG Group as his stock pick of the day.

He said the company’s net asset value (NAV) discount was back to 13%-14%, which was high.

“Some of the other underlined subsidiaries — Capitec and Energy Partners, which is not listed, and Curro Stadio have also come off a lot, so this pick is starting to look good,” he said.