Author Topic: Naspers (NPN) - reaching all time high?  (Read 29680 times)

jaDEB

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Re: Naspers (NPN) - reaching all time high?
« Reply #60 on: October 26, 2015, 08:07:34 am »
Increased shareholding in leading Russian online classifieds platform South African-based global internet and media company, Naspers Limited (JSE: NPN.SJ and LSE: NPSN), today announced a US$1.2bn transaction to become the largest shareholder in Avito, the leading online classifieds platform in Russia. Naspers is buying shares from existing shareholders to increase its stake from 17.4% to 67.9% on a fully diluted basis
jaDEB

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Re: Naspers (NPN) - reaching all time high?
« Reply #61 on: October 26, 2015, 07:51:57 pm »
 :TU: yes NPN reach R2 055.00 closing at a new high, at this rate they might reach R2 100.00 by weekend  :TU:

Samurai

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Re: Naspers (NPN) - reaching all time high?
« Reply #62 on: November 24, 2015, 09:43:02 am »
WOW trading as we speak at R2 212.49

jaDEB

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Re: Naspers (NPN) - reaching all time high?
« Reply #63 on: November 24, 2015, 10:30:32 am »
 ;)
jaDEB

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Nivek

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Re: Naspers (NPN) - reaching all time high?
« Reply #64 on: November 24, 2015, 10:53:21 am »
Smells like money

Samurai

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Re: Naspers (NPN) - reaching all time high?
« Reply #65 on: November 24, 2015, 10:56:08 am »
Yip the gift that keeps on giving. Not buying just holding for me, wonder if this might be a mistake.

jaDEB

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Re: Naspers (NPN) - reaching all time high?
« Reply #66 on: November 24, 2015, 12:43:33 pm »
Yip the gift that keeps on giving. Not buying just holding for me, wonder if this might be a mistake.

True, only time will tell, but, imagine you had -

ACL
KIO
GLN
LON
AGL
HAR
SOL

List yours here....
jaDEB

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Pink Floyd

Samurai

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Re: Naspers (NPN) - reaching all time high?
« Reply #67 on: November 24, 2015, 12:54:35 pm »
Very true, remember KIO shocker. :mad:

Moonraker

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Re: Naspers (NPN) - reaching all time high?
« Reply #68 on: December 03, 2015, 01:52:26 pm »
President Xi .. MOU's and Agreements on ZA visit.

Amongst those, one concerning NPN.

Cooperation Agreement between the China State Council Information Office and the
NASPERS Group SA.
The Cooperation Agreement between the China State Council Information Office and
the Naspers Group SA will promote and create a legal framework to improve
cooperation between South Africa and China to actively promote communication
between their media practitioners through mutual visits and exposure to local
media operations as well as co-produce or promote the co-production of media
products, exchange or promote the exchange of content of media products based on
a variety of media.

and comment by Alec Hogg..

Naspers is committing work closely with, and promote engagement between “media
practitioners” at Xi’s propaganda machine, the China State Council Information
Office. That is sure to go down like a lead balloon at 40 Heerengracht,
especially if Naspers management were to replicate China’s “censor in every
newsroom” approach. – Alec Hogg 

jaDEB

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Re: Naspers (NPN) - reaching all time high?
« Reply #69 on: December 03, 2015, 05:38:28 pm »
LAUNCH OF AN ACCELERATED BOOKBUILD OF UP TO US$2.5BN

1. Introduction

Naspers is launching a capital raising by way of a private placement to institutional investors, of
approximately 17.1 million new Naspers N ordinary shares (the “Shares”), to raise up to
US$2.5bn (the "Capital Raising"). The Shares will be issued under Naspers’s existing general
authority to issue shares for cash and pursuant to a vendor consideration placing.

2. Rationale for the Capital Raising and use of proceeds

The Capital Raising will provide Naspers with additional capacity to execute its successful
strategy of investing in high-growth internet and ecommerce companies with proven business
models, including Naspers’s proposed acquisition of Avito. On 23 October 2015, Naspers
announced that it had reached an agreement to increase its stake in Avito from 17.4% to 67.9%
for a consideration of US$1.2bn ("Avito Acquisition"). Since then, Naspers has received
approval from the South African Reserve Bank and the Russian Federal Antimonopoly Service
for the Avito acquisition, and Naspers expects such transaction to close before the end of this
calendar year.

Up to US$1.2bn of the Capital Raising will be raised under the vendor consideration placing and
these funds will be used to settle the cash consideration payable to vendors under the Avito
Acquisition.

Commenting on the Capital Raising, Bob van Dijk, the Chief Executive Officer of Naspers, said:
"As a company we are very proud of how we have grown Naspers into one of the leading multi-
national internet and media groups and the returns we have delivered to all of our stakeholders.
The Capital Raising will finance the Avito acquisition as well as provide us with the financial
flexibility to continue to deliver on our strategy of investing in high-growth internet and
ecommerce companies to continue to drive returns for our shareholders".
3. Launch of the bookbuild

The Capital Raising will take place at a price to be established through an accelerated
bookbuilding process to be conducted by Citigroup Global Markets Limited and Morgan Stanley
& Co. International plc acting as joint bookrunners (collectively, the “Joint Bookrunners”).

Bookbuilding will begin with immediate effect. The timing of the closing of the book, the pricing
of the Shares and the making of allocations are in the absolute discretion of Naspers and the
Joint Bookrunners.

Absa Bank Limited, acting through its Corporate and Investment Banking division, BNP Paribas
and ING Bank N.V. are acting as co-lead managers and Rand Merchant Bank, a division of
FirstRand Bank Limited is acting as co-manager (together with the Joint Bookrunners and the
co-lead managers the “Banks”).

The Shares will, when issued, be credited as fully paid and will rank pari passu in all respects
with the existing issued N ordinary shares of Naspers, including the right to receive future
dividends and other distributions declared after the date of their issue. Trading of the Shares on
the exchange operated by the JSE Limited (the "JSE") is expected to commence at the start of
trading, 5 business days after closing.

The bookbuild process will be subject to normal share trading practices, the relevant rules,
regulations and procedures of the JSE, applicable laws and regulations and the settlement
authority of Strate Proprietary Limited.



Cape Town
3 December 2015
jaDEB

I'll see you on the dark side of the moon. The lunatic is in my head.

Pink Floyd

jaDEB

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Re: Naspers (NPN) - reaching all time high?
« Reply #70 on: December 04, 2015, 07:56:47 am »
 ;)

RESULTS OF THE EQUITY CAPITAL RAISE

Investors are referred to the announcement released by Naspers through SENS and RNS on
3 December 2015 regarding Naspers’s launch of a capital raising of up to US$2.5bn (the
“Capital Raising”) by way of a private placement to institutional investors (the “Placing”).

Naspers is pleased to announce that it has successfully priced the Placing, raising gross
proceeds of US$2.5bn.

A total of 18,167,848 new Naspers N ordinary shares (the “Placing Shares”) were successfully
placed with qualifying institutional investors at a price of ZAR 1,975 per share. The Placing
Shares being issued represent approximately 4.3% of Naspers’s issued N ordinary share capital
prior to the Capital Raising.

Subject to approval by the JSE Limited (“JSE”), listing and trading of the Placing Shares is
expected to commence on 11 December 2015.

The Placing Shares, when issued, will be fully paid and will rank pari passu in all respects with
the existing N ordinary shares in the share capital of Naspers, including the right to receive all
dividends and other distributions declared, after the date of issue of the Placing Shares.


Cape Town
4 December 2015
jaDEB

I'll see you on the dark side of the moon. The lunatic is in my head.

Pink Floyd

Samurai

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Re: Naspers (NPN) - reaching all time high?
« Reply #71 on: December 04, 2015, 08:45:06 am »
Will this mean that the price might drop in the next few days? If so assuming one must stock up on NPN if one can afford them.

jaDEB

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Re: Naspers (NPN) - reaching all time high?
« Reply #72 on: December 04, 2015, 09:20:21 am »
Down to 1975 as per capital raise, better than LON  :-*
jaDEB

I'll see you on the dark side of the moon. The lunatic is in my head.

Pink Floyd

rjthomas

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Re: Naspers (NPN) - reaching all time high?
« Reply #73 on: August 11, 2017, 04:07:17 pm »
Yesterday I sold my 4 Naspers shares @  ZAR 2885.01 because of a cash flow emergency. My profit was about 21% since purchasing them 3 months ago. Today the price is R2750.86 and I am thinking of buying again because of the solid growth indicators and income from Tencent and other international sources.
South African living in China

Maurice

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Re: Naspers (NPN) - reaching all time high?
« Reply #74 on: September 28, 2017, 12:35:07 pm »
How is the Investor Challenge going to handle the Novus unbundling from Naspers?