NPSNY News and Press, Naspers Ltd ADR Repstg Cl N From 07/16/21

Naspers has been a perennial disappointment, badly lagging returns of its largest holding Tencent. Extended period of underperformance has led to a disaffected investor base, but just like negative performance has led to the invention of negative narratives, rerating will vindicate th...

Alphyn Capital Management, LLC is a registered investment advisor focussed on a) great public companies that have the power to endure, with long runways to grow through reinvesting cash flows at high rates of return, run by talented and aligned operators and b) the occasional special situ...

To tender or not to tender - Naspers shareholders will need to decide over the next weeks. Many shareholders of Naspers outright hate the deal. Even Prosus' shareholders seem to be unsure about its merits. An analysis of the consequences of success and failure of the exchange ...

Prosus (PROSY -4.4%) has announced a refinancing via cash tender offer for any and all of its 5.5% notes due 2025 and 4.85% notes due 2027. There are $1.2B outstanding of the 2025 notes, and $1B outstanding 2027 notes. Securities that it purchases in the offer will be retired and canceled. Pr...

The largest shareholder of Chinese tech giant Tencent Holdings (OTC: TCEHY) , with 28.9% of the company, is Prosus (OTC: PROSY) , a European holding company, which itself is majority-owned by South African company Naspers (OTC: NPSNY) . Since basically all of Naspers...

Naspers ADR (NPSNY): FY core headline earnings up 15% Y/Y to $3.5BRevenue of $29.6B (+32.0% Y/Y)."For the first time, we are confirming an independent valuation of our Ecommerce portfolio of US$39bn. This is almost double the valuation of a year ago and it has delivered an annual return in ex...

After an epic rise in 2020, tech stocks have hit a rough patch to kick off 2021. Some companies are running into slowdowns in their growth trajectories, as they start to lap the bump in business they got a year ago when the pandemic started. That doesn't mean all of these businesses are...

On the heels of its recent $14.6 billion sale of Tencent (OTC: TCEHY) shares, European technology holding company Prosus (OTC: PROSY) , which is majority-owned by South African firm Naspers (OTC: NPSNY) , just made another significant move to close its huge discount ...

Management presents the exchange offer as a good deal for both sets of shareholders. But actually it is contradicting itself. Instead of choosing one of many simple options, it acts like a clown car in a gold mine. Here is why I think Naspers shareholders should reject the transac...

Desert Lion Capital is managed by Rudi van Niekerk who is a South African citizen. Due to a growing interest from US and other international investors, Desert Lion Capital was launched to meet the needs of non-South African investors. The Fund returned +15.8% for Q1 and outperformed t...