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02
July 2025
Schalk Louw featured on Stock Picks on Business Day TV, 2 July 2025
Schalk Louw, Wealth Manager
Wealth
Schalk Louw featured on Stock Picks on Business Day TV, 2 July 2025. Schalk selected ABSA as his pick of the day - ABSA is a compelling investment opportunity due to its strong fundamentals and attractive valuation.
To discover how Schalk can support your financial goals, visit Old Oaks’s website and get in touch today
- Return on Equity (ROE) has improved, approaching 15%, indicating stronger profitability.
- Despite this, ABSA’s Price-to-Book (P/B) ratio remains below 0.9, significantly lower than its 20-year average of 1.5, suggesting the stock is undervalued.
- He highlights the dividend yield of over 8%, which is more attractive than the interest earned from ABSA’s own money market products.
- With a Price-to-Earnings (P/E) ratio of just 7, ABSA appears to offer good value.
You can listen to the full recording here:
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