There hasn’t been a lot for South African investors to cheer about in recent months as equities continue to re-rate downwards.
The team from Anchor Capital believes that KAP Industrial Holdings might be one to watch. The share is currently down 10% year to date, trades on a forward price to earnings multiple of around 11 times earnings and offers a 3% dividend yield.
Investment Analyst, Henry Biddlecombe, gives insight into KAP Industrial Holdings:
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