PROSF News and Press, Prosus NV - Class N From 10/29/20

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...

Prosus ( PROSY ) is one of those companies that have a $100 billion+ market cap but that virtually nobody has ever heard about. That is because it is a conglomerate with a 31% stake in Hong Kong-listed Tencent ( TCEHY ) as its main asset. About one year ago, Prosus went public on the Amsterd...

This article is part of a series that provides an ongoing analysis of the changes made to Ruane, Cunniff & Goldfarb’s 13F portfolio on a quarterly basis. It is based on their regulatory 13F Form filed on 08/14/2020. Please visit our Tracking Ruane, Cunniff, & Goldfarb’...

Investment Thesis When I invest, I usually prefer direct exposure compared to holding Company due to poor capital allocation of the parent company, additional layers of costs, and skewed corporate governance. There are a few exceptions when I think it is better to get exposure through h...

Prosus ( PROSY ) has outperformed since I last covered the stock, but I still think there's plenty of reasons to like the longer-term story. Given its relative discount to Tencent ( TCEHY ), Prosus offers investors a cheaper way to buy into Tencent, while simultaneously offering discounted opt...

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Prosus ( PROSF ) is selling at approximately a 30% discount to net asset value. In this write-up, I will dive deep into the company's high-risk high-reward investments, which is one of the major reasons why this discount is occurring. Read my previous article ("Here's Why Prosus Is Selling A...

Prosus N.V. (PROSY) Q4 2020 Earnings Conference Call June 30, 2020, 10:00 AM ET Company Participants Eoin Ryan - IR Bob van Dijk - CEO Basil Sgourdos - CFO Larry Illg - CEO, Naspers Ventures Martin Scheepbouwer - CEO, Classifieds Aileen O'Toole - Group Chief People Officer,...