Please do not use that %$#@ word while in my Sand Box. U will end up playing on the round about on the other side of the play ground, going at the speed of Tesla's new Roadster.
Naspers Limited (Incorporated in the Republic of South Africa) (Reg. No 1925/001431/06) JSE Share Code: NPN ISIN: ZAE000015889 LSE ADS code: NPSN ISIN: US6315122092 (“Naspers”)
Trading Statement
Shareholders are advised that the Naspers group (“the group”) is presently finalising
its condensed consolidated interim report for the six months ended 30 September 2017.
We expect core headline earnings per share to be between 62% (132 US cents) and
67% (142 US cents) higher than the comparable period’s 212 US cents. Shareholders
are reminded that the board considers core headline earnings an appropriate indicator
of the sustainable operating performance of the group, as it adjusts for non-recurring
and non-operational items.
It is expected that earnings per share for the six months ended 30 September 2017, will
be between 94% (121 US cents) and 99% (128 US cents) higher compared to the prior
period’s 129 US cents.
Headline earnings per share for the six months is expected to increase by between 62%
(80 US cents) and 67% (86 US cents) from the prior period’s 129 US cents.
Further details will be provided in the condensed consolidated financial results, due to
be released on or about 29 November 2017. Financial information on which this trading
statement is based has not been reviewed or reported on by the company’s auditors.
Tencent Holdings Ltd now has a 12 percent stake in Snapchat operator Snap Inc, company filings showed on Wednesday, the latest in a string of major investments in the United States by China’s new tech heavyweights