Imtiaz Ahmed: Local Market Commentator.

(From Moneyweb (South Africa) - AAGM)

Byline: Alec Hogg

MONEYWEB: Imtiaz Ahmed is with us as our guest market commentator.

Imtiaz, that will be pretty good news for Afrox, if that Afrox deal with its parent overseas goes ahead, and Afrox gets dismembered, cut up and split between the two companies in South Africa?

IMTIAZ AHMED: That's right. I think value will be recognised for shareholders.

MONEYWEB: Now, talking about value, Imtiaz, where do we sit, or where do you sit in this kind of market that we have at the moment? Today resources were up 5%, financials and industrials down quite sharply, the pop stocks - the technology, media or TMTs as they call them - are under pressure, financials are under pressure. Where do you put your money? …