ben kruger there, the standard bank co-chief executive officer.p next, the portfolio manager from sturgeon capital. he will the breaking news on the likes of b.p., novartis, twitter. stay with us. >> welcome back. 7:21. busy morning for the likes of b.p., novartis. let's welcome sturgeon capital portfolio manager. let's cut to the chase. earnings beat estimates. it increased its dividend to 10 cents a share. you say it is cheap but still that doesn't entice you to buy the stock? >> 40% discount. you look at -- probably one of the cheapest oil companies by the amount of reserve they have. proven reserve. if we look at price earning ratio, it is very attractive as well. litigation risk relate as well as russian exposure is dragging the share. two days result. how will it result? i'm not sure it will be good enough. >> sanofi, novartis, where do you put them? >> they both have very good results. the sales and profit. sanofi is a very well run company. the stock is doing very, very well so far this year. up 20%. they have a lot of new drugs coming onl