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Stock pick   NAV DATE SASFIN INTERNATIONAL FUND $100.35 22/07/10 STOCK PICK   Tuesday, 01 December 2009     Posted: 2009-12-01 23:49   Stock pick   Presenter: Giulietta Talevi Guest(s): Michael Levin   The Summit TV share tip comes from Michael Levin at Cannon Asset Managers Giulietta Talevi:   Michael, your stock pick for this evening? Michael Levin: It’s a great little niche financial services business Sasfin. Their last results were very solid - in this environment they seem to have weathered the global financial crisis and the storm. They trade on a very attractive price earnings multiple and a very attractive dividend yield. For a bank they’re on an attractive price to book that’s in the region of 1.6. At the same time they’re a well capitalised bank and they generate a healthy return on equity so that’s a nice little business that’s going to grow when the economy recovers.   www.summit.co.za   By : www.businessday.co.za Share Performance Click to View Graphs Search   Latest News 27 May 2010 Mercantile Bank, Sasfin Holdings... Read more 22 April 2010 Lenders must be ready to take up... Read more Member Login Manage ABI Users Manage ABI Leads Manage ABI Points Manage ABI Points (manual) Allocate ABI Points Quarter Setup Welcome Page   Morning Note   Select Link Home Add Lead
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