Herenya’s Petri Redelinghuys chats the market loving the Naspers/Prosus results.
Steven Joffe, CEO of Invicta, on results as the company looks to get offshore revenue to 50% within four years. Investec’s Barry Shamley on finding the balance between the different components of ESG in an unequal world.
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Tencent falls 2.5% as Prosus, Naspers say to gradually sell sharesDutch technology investment company Prosus_Ventures and its controlling shareholder Naspers said on Monday they intend to sell down their enormous stake in Chinese software giant TencentGlobal. Moneyeweb Prosus Naspers
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Naspers selling off Tencent sharesNaspers attributes the decline in headline earnings due to a period of slower growth at Tencent.
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All the companies Naspers ownsThrough various investments, Naspers is a global ecommerce, media, and gaming powerhouse.
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Naspers jumps nearly 23% on results and share buyback proposal[SPONSORED] More than 3.5m Naspers shares to the value of more than R8.1m traded on Monday, compared to average daily trade of less than 1m shares worth about R1.5m. Moneyweb stocks Tencent
Source: Moneyweb - 🏆 5. / 77 Read more »
Chinese tech stocks fall after Naspers-owned Prosus announces share buyback planChinese tech stocks fell after a Naspers-owned Prosus announced a plan to sell some of its holdings and buy back its own shares.
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Beggars can't be choosers: Naspers moves to appease shareholdersWhen there is a deep valuation discount and pressure from its investors, Naspers can’t really time market tops.
Source: TechCentral - 🏆 8. / 71 Read more »