Previous close | 156.40 |
Open | 165.17 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 165.17 - 165.17 |
52-week range | 87.25 - 206.99 |
Volume | |
Avg. volume | 385 |
Market cap | 35.724B |
Beta (5Y monthly) | 0.44 |
PE ratio (TTM) | 4.00 |
EPS (TTM) | 41.27 |
Earnings date | N/A |
Forward dividend & yield | 0.41 (0.26%) |
Ex-dividend date | 01 Dec 2021 |
1y target est | N/A |
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.
(Bloomberg) -- Prosus NV is planning to sell more of its $134 billion stake in Chinese internet giant Tencent Holdings Ltd. to finance a buyback program, reversing a pledge to hold onto the full shareholding.Most Read from BloombergRussia Slips Into Historic Default as Sanctions Muddy Next StepsHyundai Quietly Climbs the EV Sales Charts and Elon Musk NoticesA $2 Trillion Free-Fall Rattles Crypto to the CoreRep. Mary Miller Calls Roe Decision ‘Victory for White Life’Russia Is Hours Away From Its