PROSF News and Press, Prosus NV - Class N From 06/02/21

Prosus (PROSY +0.7%), one of the biggest investors in Tencent Holdings (TCEHY -0.2%), is seemingly redirecting part of its Tencent stake into online tech learning via a $1.8B deal for developer community Stack Overflow. It's one of the biggest acquisitions for Prosus, a holding of Naspers (NP...

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...

I made 12 transactions during the month. I added around $22 in dividends (after tax). Dividends were up almost fivefold YoY. Unfortunately, I still underperformed the S&P 500 this month. For further details see: My Portfolio April Update - 10 Buys, 2 Sells

I made 16 transactions during the month. I added $69.92 in pre-tax dividends ($60 after tax). Dividends are up over 130% YoY. My portfolio underperformed the indexes I track. For further details see: My Portfolio - March Update

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...

Economic data releases for China reaffirmed the recovery is on track, leading the forecast of China's GDP based on PPP to jump above a one-fifth share of the world. The massive block trade of Tencent shares brought Mainland bargain hunters out in force, supported by several less obvio...

Ruane, Cunniff, & Goldfarb’s 13F portfolio value increased from $8.40B to $9.38B this quarter. The number of positions increased from 35 to 38. They added Netflix and increased Credit Acceptance Corp while reducing Wayfair during the quarter. The top three positions are...

Over the last few months, I’ve written a series of articles on software as a service (SaaS) firms and their stocks, and especially those that pass the Rule of 40. The Rule of 40 (R40) balances sales growth and profitability in hyper-growth SaaS companies, and we have found as a...

Just Eat Takeaway has a large stake in iFood worth €3-4 billion. JET is selling at a low valuation for an e-commerce company. JET is building a strong moat. The company has a large total addressable market of which the penetration is low. JET provides large upside p...

Prosus is one of the biggest companies in Europe. The company is trading at a huge discount to NAV. There are some major risks to consider. For further details see: Prosus Trading At A Huge Discount To NAV