Author Topic: Naspers  (Read 1690 times)

Bundu

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Re: Naspers
« Reply #15 on: December 03, 2017, 05:24:45 pm »
If Cyril wins SA Inc. stocks will be on the up and Rand hedges will be sold off, temporarily, as most of them incl. NPN are stocks you would want in your portfolio no matter who wins.
If DZ wins Rand hedges should shoot the lights out.  :-X

agreed! and based on what the ZAR is doing, it looks like the market believes it will be Cyril

also will have to see what SNH results look like on 6Dec - let's hope they 'bed' america down and no more worms in the can......  >:(
« Last Edit: Tomorrow at 06:13:55 PM by Bundu »

Moonraker

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Re: Naspers
« Reply #16 on: December 05, 2017, 02:58:25 pm »
I like NPN, but not Bekker (pompous, haughty, just lucky that's all).
US law firm investigates Naspers Threatens class action lawsuit if fraud or unlawful behaviour is discovered.
Joining the class action if it comes about Bundu?  ;)

Bundu

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Re: Naspers
« Reply #17 on: December 05, 2017, 10:15:48 pm »
I like NPN, but not Bekker (pompous, haughty, just lucky that's all).
US law firm investigates Naspers Threatens class action lawsuit if fraud or unlawful behaviour is discovered.
Joining the class action if it comes about Bundu?  ;)

whoooo, I can't even think straight any more, after the repeated SNH whipping today - jissas daai boertjies fork my op  :'(

NPN is still a R500B discounted tencent proxy........ but the way these skelms are carrying on, R500B is probably peanuts  ???
« Last Edit: Tomorrow at 06:13:55 PM by Bundu »

gcr

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Re: Naspers
« Reply #18 on: December 05, 2017, 11:14:15 pm »
I like NPN, but not Bekker (pompous, haughty, just lucky that's all).
US law firm investigates Naspers Threatens class action lawsuit if fraud or unlawful behaviour is discovered.
Joining the class action if it comes about Bundu?  ;)

whoooo, I can't even think straight any more, after the repeated SNH whipping today - jissas daai boertjies fork my op  :'(

NPN is still a R500B discounted tencent proxy........ but the way these skelms are carrying on, R500B is probably peanuts  ???
Bundu - hope you don't hold Steinhoff/Checkers/Psg as well as they too look like they are going to be interrogated quite minutely
Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

Moneypenny

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Re: Naspers
« Reply #19 on: December 06, 2017, 10:16:37 am »

whoooo, I can't even think straight any more, after the repeated SNH whipping today - jissas daai boertjies fork my op  :'(

NPN is still a R500B discounted tencent proxy........ but the way these skelms are carrying on, R500B is probably peanuts  ???

Sorry Bundu, I feel for you.  Thinking NPN will survive another year but PSG Konsult not so much.
Veni, vidi, vici

Bundu

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Re: Naspers
« Reply #20 on: December 06, 2017, 06:11:25 pm »
I'm not really too worried about NPN, although I'm a bit disgusted at the accusations - NPN is tencent and interestingly enough, has actually dropped less than tencent in the past week, so it does not look like investors are too concerned about the skelmstreke, BUT, with the SNH catastrophe, people might start worrying - I see AVV dropped quite a bit today, and they also seem like a boere mafia bunch :-[
« Last Edit: Tomorrow at 06:13:55 PM by Bundu »

Moonraker

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Re: Naspers
« Reply #21 on: December 06, 2017, 06:38:42 pm »
I'm not really too worried about NPN, although I'm a bit disgusted at the accusations - NPN is tencent and interestingly enough, has actually dropped less than tencent in the past week, so it does not look like investors are too concerned about the skelmstreke, BUT, with the SNH catastrophe, people might start worrying - I see AVV dropped quite a bit today, and they also seem like a boere mafia bunch :-[
I am also not worried about NPN at all. CW's reputation is shot to pieces. Wherever he has his fingers in the pie there is bad stuff happening SNH, BAT, even Stellar Capital ..
It is an unmitigated disaster and has wiped some 220T off my portfolio balance - thankfully I am well diversified.
« Last Edit: December 06, 2017, 06:41:16 pm by Moonraker »

Bundu

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Re: Naspers
« Reply #22 on: December 06, 2017, 07:23:34 pm »
I'm not really too worried about NPN, although I'm a bit disgusted at the accusations - NPN is tencent and interestingly enough, has actually dropped less than tencent in the past week, so it does not look like investors are too concerned about the skelmstreke, BUT, with the SNH catastrophe, people might start worrying - I see AVV dropped quite a bit today, and they also seem like a boere mafia bunch :-[
I am also not worried about NPN at all. CW's reputation is shot to pieces. Wherever he has his fingers in the pie there is bad stuff happening SNH, BAT, even Stellar Capital ..
It is an unmitigated disaster and has wiped some 220T off my portfolio balance - thankfully I am well diversified.

the magic word, for sure, but it still hurts  :'(
« Last Edit: Tomorrow at 06:13:55 PM by Bundu »

Moonraker

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Re: Naspers
« Reply #23 on: December 07, 2017, 03:18:35 pm »
Should we be worried? IMHO probably not.

The Way of Gupta? Pressure mounts for Naspers as MultiChoice faces fires on multiple fronts

Quote
..the Chinese Securities Regulatory Commission has also been asked to launch an inquiry into Naspers. Comparisons between Naspers and the Gupta-owned company Oakbay, meanwhile, are inevitable.

Bundu

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Re: Naspers
« Reply #24 on: December 07, 2017, 03:34:21 pm »
Should we be worried? IMHO probably not.

The Way of Gupta? Pressure mounts for Naspers as MultiChoice faces fires on multiple fronts

Quote
..the Chinese Securities Regulatory Commission has also been asked to launch an inquiry into Naspers. Comparisons between Naspers and the Gupta-owned company Oakbay, meanwhile, are inevitable.

I don't think so and neither does the market (at this stage)
The negative value attached to NPN when considering their tencent holding has actually shrunk since this news came out
« Last Edit: Tomorrow at 06:13:55 PM by Bundu »

Moonraker

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Re: Naspers
« Reply #25 on: December 08, 2017, 08:54:23 am »
Gotta improve today. Tencent up ±3½ % and R. is weaker allround.

Moonraker

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Re: Naspers
« Reply #26 on: December 08, 2017, 12:42:17 pm »
When analysing the JSE one should pay especially close attention to Naspers. The share makes up 25% of the JSE Top 40 Index and 21% of the All Share Index. Any movement in the Naspers share price has a significant effect on the JSE.
Since the start of the year the JSE All Share Index has gained by 18%. However, if Naspers is excluded the gain would have been just 9%. Part of the reason is the sheer size of Naspers with a market capitalisation of just under R1.7 trillion.
The Naspers share price has rocketed by over 90% since the start of the year. Price gains have been 24% over the past three months, boosted by strong financial results from Naspers and from Tencent, which alone makes up over 100% of Naspers’ market capitalisation.
Analysts have upgraded Tencent’s earnings forecasts yet again based on significant revenue growth across all divisions. Analysts have also upgraded their valuations of Naspers’ remaining e-commerce assets. The capital expenditure in these e-commerce assets of the past few years is starting to bear fruit. An increasing number of these businesses have begun to monetise their business models.
The outlook for Tencent remains positive. It has grown to such a point that its sheer size and dominance have become a reinforcing competitive advantage. Scottish Mortgage, the largest investment trust listed on the London Stock Exchange with a market capitalisation of over £6 billion, has Tencent as its third largest holding, comprising 6.8% of the portfolio. The managers of Scottish Mortgage highlight that the digital arena is dominated by just six companies, including Alibaba, Baidu and Tencent in China and Alphabet, Amazon and Facebook in the US. The investment managers of Scottish Mortgage: “Continue to believe that the competitive positions of these digital network businesses will be further cemented by the power of their massive data sets and new advances in computing.”
Although the share price has surged 90% since the start of the year, Naspers has never been so cheap in terms of its discount to net asset value (NAV). Its listed holdings add up to over R5,400 per share, which means the share price is trading at a massive 32% discount to NAV.
Despite the glowing outlook for Naspers and the compelling value offered by the shares prudential investment guidelines advise against allocating the JSE’s full 25% weighting in lower risk portfolios.
While a lower than market weighting to Naspers raises the risk of underperforming the JSE All Share Index, the priority in lower risk portfolios is to avoid losses which result from excessive portfolio concentration. Like all shares, even Naspers has risks attached

So reports Overberg Asset Management

Bundu

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Re: Naspers
« Reply #27 on: December 08, 2017, 12:51:14 pm »
................
Although the share price has surged 90% since the start of the year, Naspers has never been so cheap in terms of its discount to net asset value (NAV). Its listed holdings add up to over R5,400 per share, which means the share price is trading at a massive 32% discount to NAV..............

yes, when one looks only at the tencent value and writes off all the other assets and all debt, NPN is under valued by 28% according to my calcs
« Last Edit: Tomorrow at 06:13:55 PM by Bundu »

Moonraker

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Re: Naspers
« Reply #28 on: December 10, 2017, 11:47:04 am »