NPSNY News and Press, Naspers Ltd ADR Repstg Cl N From 11/23/20

Naspers Limited (NPSNY) Q2 2021 Results Conference Call November 23, 2020 10:00 AM ET Company Participants Eoin Ryan - Head, IR Bob van Dijk - CEO Basil Sgourdos - CFO Larry Illg - CEO, Online Food Delivery & Ventures Charles Searle - CEO, Internet Listed Assets Martin Scheepbouwer - CEO,...

E-commerce growth has slowed down in emerging markets from "highly elevated levels," UBS says, but it's still "comfortably" in double digits, leading to a recommendation to stay overweight in the area. Pickup has been especially heavy in the grocery segment, the firm notes, and new mobility r...

Horos is an asset management firm that knows the benefits of value investing over the long term. We invest in companies that we consider, after analyzing them, to have a value higher than the price they ask for within the stock market. In our search for companies with potential an...

Prosus has started a $5 billion buyback program. Prosus' discount to NAV has narrowed to 25%. Management has listened to the critics and is taking the right course of action to return value to shareholders. However, a 20%-30% discount continues to be rational. I am hopeful...

One of the more striking market phenomena today is the existence of large conglomerate discounts. Several prominent companies that have many different business lines or stakes in other companies often trade at a discount to the value of their assets -- even if some of those assets have read...

Naspers ADRs (NPSNY) are 3.5% higher today after news that its subsidiary Prosus (PROSY +2%) intends to buy up to $5B total in Naspers and Prosus shares. That includes an on-market repurchase program to buy up to $1.37B in Prosus shares from free-float shareholders, and an on-market program t...

In order to enhance shareholders' value, Naspers (NPSNY) announced that Prosus (PROSF) board seeks to acquire up to $5B in total of Naspers and Prosus shares.Share purchase also indicates a investment in the group's strong internet portfolio.Purchases will be funded utilizing cash resour...

The Fund seeks to generate equity-like returns over the long term, take less risk than the market and avoid permanent impairment of capital. We invest across capital structure, geographies, sectors. The FPA Crescent Fund gained 3.80% for the third quarter and declined -5.12% for the f...

To buy Naspers in order to profit from the closing of the NAV discount is likely naïve. Prosus might be the better stock in this respect. A closer examination of the reasons for the large NAV discount helps us understand how we can profit from it - and why we should hope for ...

South Africa’s economy is a basket case. Yet many South African companies have strong prospects. Naspers, which accounts for 24% of EZA's portfolio is a global tech company trading at an absurd discount. South Africa's large exposure to gold mining also means it will benefi...