OMNIA TODAY’S STOCK PICK WITHIN THE CHEMICALS SECTOR

David Lerche from Avior and our resident expert Paul Theron from Vestact have selected Omnia as today’s stocks pick within the chemicals sector. Omnia was founded in 1953 in Sasolburg, and focuses on fertilizers, explosives and chemicals for the agriculture, mining and industrial sectors. In 2003, they acquired SA’s largest distributor of chemicals called Protea Chemicals. Omnia has a market cap of R11.5 billion, a price to earnings ratio of of around 15 and a dividend yield of 1.6 percent.

 
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Source: CNBC Africa

2013-06-05T13:07:12+00:00 June 5th, 2013|Oil & Chemicals|