PROSY - Prosus N.V.
| Previous close | 13.60 |
| Open | 13.65 |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's range | 13.65 - 13.94 |
| 52-week range | 7.91 - 17.13 |
| Volume | |
| Avg. volume | 483,372 |
| Market cap | 206.087B |
| Beta (5Y monthly) | 0.55 |
| PE ratio (TTM) | 17.34 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.03 (0.20%) |
| Ex-dividend date | 01 Sept 2022 |
| 1y target est | N/A |
- Bloomberg
Prosus’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
- Bloomberg
Xi Pivot Fails to Stop Exodus by Big Investors in China Tech
(Bloomberg) -- Xi Jinping led a parade of officials this spring vowing to revive China’s economy, hoping to repair the damage wrought by years of Covid Zero and regulatory clampdowns. Some of the world’s biggest investors are selling anyway.Most Read from BloombergWorthless Degrees Are Creating an Unemployable Generation in IndiaFox to Pay $787 Million to Settle Election Suit, Dominion SaysApple's AR/VR Headset to Feature Sports, Gaming, iPad Apps and WorkoutsOne Tesla Deal Propels Little-Known
- Bloomberg
Tencent Shares Slump as Prosus Seen to Step Up Selling
(Bloomberg) -- Tencent Holdings Ltd. tumbled by the most in over two months on signs that its largest shareholder Prosus NV may extend the selling of the Chinese tech firm’s stock.Most Read from BloombergFirst Republic Worked Hard to Woo Rich Clients. It Was the Bank’s UndoingBud Light Kicked a Hornet’s Nest and Ran AwayA $300,000 Salary Feels Like $100,000 in The Priciest US CitiesIn Morgan Stanley CEO Race, Wealth Boss Emerges as One to WatchSchwab Leaders Say Firm Can Withstand Storm After De
- Bloomberg
Prosus 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 Fool
Invest Like Warren Buffett: Buy These 3 Stocks for the Next Bull Market
In times of distress, purchase quality companies at a value and plan to hold for the ultra-long term.
- Motley Fool
The Best Stocks to Buy With $500 Right Now
This year's dramatic sell-off has opened up terrific opportunities in the high-growth but beaten-down tech sector.
- Simply Wall St.
Prosus (AMS:PRX) investors are sitting on a loss of 12% if they invested a year ago
While not a mind-blowing move, it is good to see that the Prosus N.V. ( AMS:PRX ) share price has gained 19% in the...
- Motley Fool
The 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.
- Simply Wall St.
Prosus First Half 2023 Earnings: EPS: US$1.67 (vs US$10.01 in 1H 2022)
Prosus ( AMS:PRX ) First Half 2023 Results Key Financial Results Revenue: US$3.24b (up 18% from 1H 2022). Net income...
- Simply Wall St.
Prosus N.V. Recorded A 5.0% Miss On Revenue: Analysts Are Revisiting Their Models
Last week saw the newest half-year earnings release from Prosus N.V. ( AMS:PRX ), an important milestone in the...
- Simply Wall St.
Possible turnaround for Prosus N.V. (AMS:PRX) insiders, still down US$2.8m after a US$10m shopping spree
Insiders who bought US$10m worth of Prosus N.V. ( AMS:PRX ) stock in the last year recovered part of their losses as...
- Bloomberg
Prosus Cancels $4.7 Billion Acquisition of India’s BillDesk
(Bloomberg) -- Prosus NV has canceled a $4.7 billion deal to buy Indian payments firm BillDesk after a collapse in valuations for major tech startups. Most Read from BloombergTrump Says US Agency Packed Top-Secret Documents. These Emails Suggest Otherwise.Secretive Chip Startup May Help Huawei Circumvent US SanctionsNord Stream Leaks Caused by Detonations in Sign of SabotageMusk Revives $44 Billion Twitter Bid, Aiming to Avoid TrialMass Shooting in Thailand Leaves 38 Dead, Mostly ChildrenThe dea
- Bloomberg
Tencent’s $2.3 Billion Buyback Spree Fails to Stem Stock Rout
(Bloomberg) -- Tencent Holdings Ltd’s buyback spree is failing to revive investor sentiment over the online gaming giant, whose shares are languishing at a 2018 low. Most Read from BloombergGermany Suspects Sabotage Hit Russia’s Nord Stream PipelinesEverything-Selloff on Wall Street Deepens on 98% Recession OddsStocks, Commodities Drop; US Treasury Yields Surge: Markets WrapGoldman and BlackRock Sour on Stocks as Recession Risk RisesJohn Paulson on Frothy US Housing Market: This Time Is Differen
- Bloomberg
Legendary China Bets Unwind as Buffett, SoftBank Sell
(Bloomberg) -- For early backers, they’ve been some of the most profitable Chinese stock investments of all time: Tencent Holdings Ltd., Alibaba Group Holding Ltd. and BYD Co.Most Read from BloombergUS Inflation Tops Forecasts, Cementing Odds of Big Fed HikeUgly Selloff Pushes Stocks Down Most Since 2020: Markets WrapThe World’s Hottest Housing Markets Are Facing a Painful ResetThese Cities Have the Most Millionaires in New RankingXi Returns to World Stage With Putin to Counter US DominanceBut n
- Bloomberg
Prosus Cuts Tencent Stake in Latest Pullback From Chinese Firms
(Bloomberg) -- Naspers Ltd.’s Dutch unit Prosus NV continued its plan to cut back its stake in Tencent Holdings Ltd., the latest in a series of moves from early backers to unwind bets on Chinese companies.Most Read from BloombergUS Inflation Tops Forecasts, Cementing Odds of Big Fed HikeUgly Selloff Pushes Stocks Down Most Since 2020: Markets WrapThe World’s Hottest Housing Markets Are Facing a Painful ResetHedge Fund’s Decade-Long Wait for Yuan Crash Nears PaydayUkrainian Successes Raise Russia
- Evening Standard
Just Eat Takeaway sells iFood stake in £1.5 billion deal
The company is also under pressure to sell its US arm GrubHub
- Bloomberg
Just Eat Sells IFood Stake to Prosus for $1.8 Billion
(Bloomberg) -- Just Eat Takeaway.com NV agreed to sell its 33% stake in Latin American joint venture iFood to Prosus NV for as much as 1.8 billion euros ($1.8 billion).Most Read from BloombergBiden to Unveil Long-Awaited Student Debt Relief Measures on WednesdayBiden to Forgive $10,000 in Student Debt, Double for Pell Grant RecipientsCovid Incubation Gets Shorter With Each New Variant, Study ShowsSix Months of Putin’s War Unravels Russia’s Superpower ImageApple’s New iPhone 14 to Show India Clos
- 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.
- Bloomberg
Tencent Leads China Tech Losses as Major Backer Plans to Cut Its Stake
(Bloomberg) -- Chinese technology stocks fell as a plan by Tencent Holdings Ltd.’s major backer to further cut its stake in the company fueled concerns more investors may look to take profits following a strong rally. Most Read from BloombergUS Will Face High Gas Prices ‘as Long as It Takes,’ Biden SaysStock Doomsayers Vindicated in Historic First Half: Markets WrapThe Wheels Have Come Off Electric VehiclesDemocrats Weigh Paring Biden Tax Hike to Win Over ManchinSupreme Court Crimps Biden’s Clim
- Bloomberg
Tencent Backer Prosus to Cut $134 Billion Stake to Buy Stock
(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 BloombergDemocrats Weigh Paring Biden Tax Hike to Win Over ManchinTrump’s Final Scene Didn’t Go According to ScriptVenice Plans to Start Weeding Out Cheap TouristsFauci Suffers Covid Symptom Rebound After Course of Pfizer’s PaxlovidStocks Rocked by Recession Fears as Bonds Ral
- Bloomberg
Tencent-Backer Prosus Unloads Nearly $4 Billion of JD.com Stock
(Bloomberg) -- An arm of South African internet giant Naspers Ltd. sold almost $4 billion worth of stock in JD.com Inc. that it got as dividends from investee Tencent, saying the e-commerce firm didn’t fit with its broader strategy.Most Read from BloombergTrump’s Final Scene Didn’t Go According to ScriptDemocrats Weigh Paring Biden Tax Hike to Win Over ManchinVenice Plans to Start Weeding Out Cheap TouristsFauci Suffers Covid Symptom Rebound After Course of Pfizer’s PaxlovidDisquiet Over the Hou
