PROSF News and Press, Prosus NV - Class N

2024-07-19 02:45:00 ET Summary We are value investors. In constructing portfolios for our clients, we seek out companies that we believe are trading in the market at significant discounts to their underlying value. These businesses must offer significant profit potential and be run by...

2024-07-11 12:45:00 ET Summary As reported by our fund administrator, the Master Account, in which I am personally invested alongside SMA clients, returned -2.7% net in Q2 2024 vs 4.3% for the S&P500. Refining strategy to focus on better risk management and portfolio adjustmen...

2024-06-24 03:23:08 ET More on Prosus Prosus N.V.: Exceptionally Valued With High Return Prospects, Rate Buy Prosus: A Great Long-Term Play, With Clear Short-Term Upside Potential Prosus and Naspers appoints Fabricio Bloisi as CEO Seeking Alpha’s Quant...

Prosus N.V. (Prosus) (AEX and JSE: PRX): It has been a standout year for the Group. Prosus simplified its Group structure, delivered improvements across all core performance metrics and achieved Ecommerce profitability six months ahead of target. Operating businesses have performed well, accelera...

2024-06-18 02:34:03 ET Summary The consumer discretionary sector has low projected growth compared to its current S&P 500 weighting. Prosus N.V. presents with a strong retail market outlook and high returns on capital employed to create economic value for shareholders. Bas...

Prosus N.V. (Prosus) (AEX and JSE: PRX): Shareholders are advised that the Prosus group (“the Group”) is finalising its financial statements for the year ended 31 March 2024. Prosus N.V. (“Prosus”) is a subsidiary of Naspers Limited (“Naspers”), a com...

Prosus N.V. (AEX: PRX) today announced that the Boards of Prosus and Naspers have unanimously approved the appointment of Fabricio Bloisi as Chief Executive Officer (CEO), Prosus and Naspers Group (“the Group”). The appointment is effective as of 1 July 2024. Fabricio Bloisi a...

2024-05-08 00:35:00 ET Summary Tencent is reinvesting in advertising to enhance margins and monetize its vast social network, following the success of TikTok. The company plans to use AI to improve video engagement and ad targeting, which could significantly boost profitability. ...

2024-05-07 23:25:00 ET Summary SaltLight Capital Management started in 2015 and has grown tremendously, with assets under management doubling each year. Our investment process is continuously evolving. The SaltLight Worldwide Flexible Fund is off to a good start this year, with a ...

2024-05-06 06:00:00 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Investors have been fearful of a market crash. As such, they ended up dumping several stocks. I think this looks like throwing the baby out with the bathwater. We are in the midd...