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TCEHY - Naspers: Playing The Long-Term Game
October, 20 2021 01:54 AM
Tencent Holdings Ltd. ADR
Naspers is a spawner with an impressive track record. Management has an owner's mentality and is aligned with the interests of shareholders. The stock trades at a large discount to the company's NAV, providing a margin of safety for value investors. There are no clear catalysts for when the discount might narrow. However, I suspect future cash flows coming from dividends will unlock the value. For further details see:
Naspers: Playing The Long-Term Game
Stock Information
Company Name:
Tencent Holdings Ltd. ADR
Stock Symbol:
TCEHY
Market:
OTC
Website:
tencent.com
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