PROSF News and Press, Prosus NV - Class N From 07/12/21

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) has priced three tranche bonds under its medium-term note program with an aggregrate principal of $4B. The issuances include $1.85B 3.061% notes due 2031, €1B 1.288% notes due 2029 and €850M 1.985% notes due 2033.The offerings will close on July 13, 2021 and proce...

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...

Prosus N.V. (PROSY) Q4 2021 Results Conference Call June 21, 2021 10:00 AM ET Company Participants Eoin Ryan - IR Bob van Dijk - CEO Basil Sgourdos - CFO Larry Illg - CEO of Online Food Delivery & Ventures Conference Call Participants Cesar Tiron - Bank of America Will Packer - Exane John...

The following slide deck was published by Prosus N.V. in conjunction with their 2021 Q4 earnings call. For further details see: Prosus N.V. 2021 Q4 - Results - Earnings Call Presentation

Prosus (PROSY): FY core headline earnings rose 39% Y/Y to $4.9B.Revenue of $28.8B (+34.0% Y/Y)Ecommerce portfolio value almost doubles in a year and hits $39B valuation; Classifieds segment, core payments business, and eMAG profitable; Food segment grows revenues to $1.5b, up 127% Y/Y; Edtech...

Ruane, Cunniff, & Goldfarb’s 13F portfolio value increased from $9.38B to $10.63B this quarter. The number of positions decreased from 38 to 37. They added Micron Technology and Anthem, Inc. while reducing Mastercard, Visa, Berkshire Hathaway, Wayfair, and Arista Networks d...

I made eight transactions during the month. I added around $8.50 in dividends going forward (after-tax). Dividends were up more than 700% YoY. I outperformed the S&P 500 this month. For further details see: My Portfolio May Update - 6 Buys, 2 Sells

I only choose companies that I expect to hold for at least two decades. These are stocks with a great business model that have proved they can adapt to new circumstances. Dividends don't matter for my son; I'll just reinvest them anyway. Current valuation is not as important a...

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...