NAPRF - Naspers Limited
| Previous close | 158.06 |
| Open | 158.28 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 158.06 - 158.06 |
| 52-week range | 92.73 - 203.10 |
| Volume | |
| Avg. volume | 155 |
| Market cap | 33.159B |
| Beta (5Y monthly) | 0.60 |
| PE ratio (TTM) | 9.93 |
| EPS (TTM) | 15.92 |
| Earnings date | N/A |
| Forward dividend & yield | 0.36 (0.23%) |
| Ex-dividend date | 05 Oct 2022 |
| 1y target est | N/A |
BloombergProsus’s Stake in Tencent Falls Below 26% as Selloff Continues
(Bloomberg) -- Prosus NV continued its selloff of Tencent Holdings Ltd., bringing its stake in the Chinese internet giant to under 26%. Most Read from BloombergFDIC Asks Banks for Final First Republic Bids Due SundayTwitter Co-Founder Dorsey Rues Musk Deal: ‘It All Went South’Harley-Davidson Says Repo Shortage Is Fueling Credit LossesA Century-Old Dynasty Overhauls Its Billions in Rare M&A BetSigns Are Mounting That a Debt Crunch is LoomingThe Amsterdam-listed tech investor sold 789,600 ordinary
BloombergProsus to Cut 30% of Corporate Staff in Latest Tech Layoffs
(Bloomberg) -- Amsterdam-listed Prosus NV and its parent Naspers Ltd. are planning to cut their corporate workforce by 30%, becoming the latest global tech company to announce layoffs. Most Read from BloombergWall Street Is Losing Out to Amateur Buyers in the Housing SlumpTrump Sues Journalist Bob Woodward for Releasing Interview RecordingsSony Slashes PlayStation VR2 Headset Output After Pre-Orders DisappointThe 'Big Shift' That's Finally Causing Rents to FallAdani Rout Hits $68 Billion as Figh
Motley FoolThe Best Way to Invest in Emerging Markets Just Got Even Better
While international stocks have been quite tumultuous this year, the story of South African investment company Naspers (OTC: NPSNY) and its associated investee, Prosus (OTC: PROSY), keeps getting better. While investors in this conglomerate have had a difficult few years, both Naspers and Prosus have greatly outperformed both the KraneShares CSI Chinese Internet ETF (NYSEMKT: KWEB) as well as the Vanguard FTSE Emerging Markets ETF (NYSEMKT: VWO) over the past six months. The largest asset of the combined company is its 27.3% ownership in Chinese internet giant Tencent (OTC: TCEHY), which accounts for about 75% of the portfolio.
ZacksBest Momentum Stocks to Buy for July 28th
NPSNY, WASH, and TRST made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 28, 2022.
- Motley Fool
Tencent's Biggest Shareholder Just Made a Huge Move to Create Value
For years, Tencent's (OTC: TCEHY) largest shareholder, early investor Naspers (OTC: NPSNY), along with its cross-held holding company subsidiary Prosus (OTC: PROSY), has traded at a discount to its Tencent stake. Despite Naspers/Prosus' best efforts at financial engineering and diversifying its business into food delivery, digital payments, education technology, and e-commerce in emerging markets, the discount has continued to widen. Based on its recent net asset value, incorporating both prevailing market prices and analyst estimates for private assets, Prosus trades at just over half of its net asset value (NAV), while Naspers is even cheaper, at around 45% of NAV.