2024-02-18 21:31:21 ET
Summary
- Prosus has underperformed the market and the S&P 500, with a "HOLD" rating.
- The company's future is uncertain due to its business model and lack of net profitability.
- Investing in tech businesses like Prosus may not guarantee success, as quality remains the most important factor.
Dear readers/followers,
I claim to be fairly apt at valuing Prosus as an investment, and when the company does and does not outperform the overall market RoR. Since my last article, the company, where I had a "HOLD" rating, has not outperformed the market and has in fact done "half as well" as both my own development and as the overall S&P500.
You can find this article here, and this is my overall RoR for the last article....
Read the full article on Seeking Alpha
For further details see:
Prosus: The Underperformance Continues