Naspers and Prosus both still trade at a NAV discount even when ignoring the VC portfolio which may not be optimally positioned for the AI boom. At the group level, the Tencent stake which backs the NAV discount is being sold at a trickle to buy back the NAV discount which creates shareholder value. The issue is that a possible Trump victory could impact Chinese markets negatively, or at least increase risks, and we have other clearer shots elsewhere in our coverage.
Naspers has a promising new CEO in place. A shifting interest rate regime opens up new value-unlocking opportunities. Investors get safety margin from the ‘double discount'.
Naspers (NPSNY) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Here is how Naspers Ltd. (NPSNY) and Carnival (CCL) have performed compared to their sector so far this year.
If you are looking for stocks that are well positioned to maintain their recent uptrend, Naspers (NPSNY) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
Naspers (NPSNY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
South Africa's Naspers said on Monday its full-year earnings more than doubled, buoyed by improved performance of its e-commerce businesses and contribution from China's Tencent , which accounts for the bulk of earnings and revenues.
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Naspers' performance is determined by Prosus whose performance is determined by Tencent. Tencent has recovered from intense negative sentiment in 2023 and early 2024, revaluing Naspers nicely. Naspers and the ZAR have come down on account of the ANC losing its majority in South Africa. They may have to let more extreme parties into a coalition.
Naspers (NPSNY) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
Dutch technology investor Prosus and its South African parent group Naspers on Friday named the head of their iFood business, Fabricio Bloisi, as their new CEO, replacing long-time boss Bob van Dijk who stepped down last September.
Dutch technology investor Prosus and its South African parent group Naspers on Friday named Fabricio Bloisi as the new chief executive, replacing long-time boss Bob van Dijk who stepped down last September.