Piet Viljoen on MTN as telco giant fires on all cylinders

Counterpoint Value Fund manager Piet Viljoen makes his second appearance for the week on BizNews, days after going head to head with Magnus Heystek in a R500,000 investment challenge. Putting his money where his mouth is, Piet has allocated the full initial investment into the Counterpoint Value Fund. A few of the top holdings in the fund are deliberated, on a day where MTN released an upbeat quarterly update, with the share at levels last seen in 2015. Anglo American, another large holding in the fund, is discussed following the retirement of decorated mining executive Mark Cutifani. Lastly, we touch on South African bonds, with Piet outlining the attractive real yield they offer relative to global counterparts Learn more about your ad choices. Visit megaphone.fm/adchoices