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General Category => Shares => Topic started by: Traderjay on September 03, 2016, 08:01:57 am

Title: Naspers
Post by: Traderjay on September 03, 2016, 08:01:57 am
I exited naspersn on the 29th Aug on the expectation that it would be retracing back from its high.  This doesn't appear to be happening though.  What to do?
Title: Re: Naspers
Post by: jaDEB on September 03, 2016, 08:40:34 am
What price did u exit, and NPN is Tencents, u follow it on yahoo finance, code 0700.hk NPN is my best performer and I will be keeping it.

See your graph shows exit price... :wall: ...
Title: Re: Naspers
Post by: czc on September 03, 2016, 11:12:37 am
Aren't there people that have been waiting for Naspers to drop since R600?
Title: Re: Naspers
Post by: jaDEB on September 04, 2016, 11:21:54 am
Yes, some people called it, overbought since R500.
Title: Re: Naspers
Post by: Bundu on November 08, 2017, 05:45:23 pm
if the tencent price is removed from the NPN price, the NPN price is becoming more and more negative

I did a calculation the other day and the tencent price alone should reflect a price for NPN of around R5 100 and NPN is 'only' on R3559 now  ???
Title: Re: Naspers
Post by: jaDEB on November 10, 2017, 07:43:04 am
I actually sold some of my NPN and bought Tencent  ::) , will do so again in March 2018 due to Tax thingy
Title: Re: Naspers
Post by: trevormuche on November 10, 2017, 03:09:37 pm
Naspers is grossly undervalued... Forget Tencent, new growth drivers will be Flipkart and Delivery Hero. Share price will go up by 100% over the next 12 months
Title: Re: Naspers
Post by: Moonraker on November 27, 2017, 01:31:11 pm
Naspers is grossly undervalued... Forget Tencent, new growth drivers will be Flipkart and Delivery Hero. Share price will go up by 100% over the next 12 months

LONDON, Nov 27 (Reuters) - Germany's Delivery Hero reported a 60 percent jump in third-quarter revenue on Monday, showing no let up in pace of growth of takeaway food apps.

For the first nine months of the year, Delivery Hero's revenue was up 64 percent to 384.4 million euros ($458.6 million). Third-quarter revenue totalled 137.9 million euros.

The loss-making company, backed by German tech investor Rocket Internet and South African e-commerce giant Naspers, said it now expected full-year revenues to be at the top end of its guidance range of 530-540 million euros.

It reiterated a goal to break even in terms of adjusted EBITDA (earnings before interest, tax, depreciation and amortisation) in 2018 and make a profit on that basis in 2019.
Title: Re: Naspers
Post by: trevormuche on November 27, 2017, 05:09:41 pm
Naspers is grossly undervalued... Forget Tencent, new growth drivers will be Flipkart and Delivery Hero. Share price will go up by 100% over the next 12 months

LONDON, Nov 27 (Reuters) - Germany's Delivery Hero reported a 60 percent jump in third-quarter revenue on Monday, showing no let up in pace of growth of takeaway food apps.

For the first nine months of the year, Delivery Hero's revenue was up 64 percent to 384.4 million euros ($458.6 million). Third-quarter revenue totalled 137.9 million euros.

The loss-making company, backed by German tech investor Rocket Internet and South African e-commerce giant Naspers, said it now expected full-year revenues to be at the top end of its guidance range of 530-540 million euros.

It reiterated a goal to break even in terms of adjusted EBITDA (earnings before interest, tax, depreciation and amortisation) in 2018 and make a profit on that basis in 2019.

Good solid results. Picked up some shares in Delivery Hero after the IPO at EUR27. Solid returns so far. Will add some more for the long run. More growth opportunities and synergies in Latin America especially in Brazil where they can acquire and consolidate food delivery platforms owned by Naspers. The UK based JustEat to be promoted into the FTSE 100
Title: Re: Naspers
Post by: Moonraker on November 28, 2017, 02:28:26 pm
Oh shit !

Multichoice scandal is posing painful questions about a corrupt nexus - Naspers must answer them (https://www.dailymaverick.co.za/opinionista/2017-11-27-multichoice-scandal-is-posing-painful-questions-about-a-corrupt-nexus.-naspers-must-answer-them./)

MultiChoice paid the Guptas millions (https://www.dailymaverick.co.za/article/2017-11-24-guptaleaks-multichoice-paid-the-guptas-millions/)

Quote
Following the transfer of powers, Muthambi controversially pushed through a decision in favour of unencrypted set-top boxes, which benefitted MultiChoice.
Muthambi's decision flouted her own party's policy on the issue. The ANC supported encryption – required for pay-TV – to promote competition in the sector.
Title: Re: Naspers
Post by: Moonraker on December 02, 2017, 06:34:24 pm
"Snap shares, which have fallen 20% since its March IPO, closed feactionally higher Wednesday. And assuming Spiegel’s redesign bets pay off, SNAP stock is poised to be a turnaround candidate in 2018."
Title: Re: Naspers
Post by: Bundu on December 02, 2017, 07:05:02 pm
I've taken a good beating with NPN and SNH in November, but am hopeful that they will both have a good December..... they better ;)
Title: Re: Naspers
Post by: Moonraker on December 03, 2017, 04:58:12 pm
I've taken a good beating with NPN and SNH in November, but am hopeful that they will both have a good December..... they better ;)

Alles sal regkom, en ons gaan einde Desember grande lyk man.  :))
Title: Re: Naspers
Post by: Bundu on December 03, 2017, 05:08:54 pm
I've taken a good beating with NPN and SNH in November, but am hopeful that they will both have a good December..... they better ;)

Alles sal regkom, en ons gaan einde Desember grande lyk man.  :))
flippen hoop so  :))
Title: Re: Naspers
Post by: Moonraker on December 03, 2017, 05:17:43 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
Title: Re: Naspers
Post by: Bundu 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......  >:(
Title: Re: Naspers
Post by: Moonraker 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. (https://www.moneyweb.co.za/news/companies-and-deals/us-law-firm-investigates-naspers/)
Joining the class action if it comes about Bundu?  ;)
Title: Re: Naspers
Post by: Bundu 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. (https://www.moneyweb.co.za/news/companies-and-deals/us-law-firm-investigates-naspers/)
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  ???
Title: Re: Naspers
Post by: gcr 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. (https://www.moneyweb.co.za/news/companies-and-deals/us-law-firm-investigates-naspers/)
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
Title: Re: Naspers
Post by: Moneypenny 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.
Title: Re: Naspers
Post by: Bundu 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 :-[
Title: Re: Naspers
Post by: Moonraker 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.
Title: Re: Naspers
Post by: Bundu 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  :'(
Title: Re: Naspers
Post by: Moonraker 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 (https://www.dailymaverick.co.za/article/2017-12-07-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.
Title: Re: Naspers
Post by: Bundu 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 (https://www.dailymaverick.co.za/article/2017-12-07-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
Title: Re: Naspers
Post by: Moonraker on December 08, 2017, 08:54:23 am
Gotta improve today. Tencent up ±3½ % and R. is weaker allround.
Title: Re: Naspers
Post by: Moonraker 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
Title: Re: Naspers
Post by: Bundu 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
Title: Re: Naspers
Post by: Moonraker on December 10, 2017, 11:47:04 am
https://www.youtube.com/watch?v=m5yFhJFqw5w