Fitch cuts Naspers debt to junk

[rpm]

Fitch cuts Naspers debt to junk

Fitch Ratings has cut Naspers' debt to junk, citing a deterioration in the company’s profitability.

 

[Devill]

Thus why simply looking at credit ratings is only a small part in investment.

 

[hellfire]

Thus why simply looking at credit ratings is only a small part in investment.

But you'd do well to heed the downgrade and not invest if you want a less risky investment...

 

[berrypi]

Its just an opinion. Not going to do much. With the last US meltdown, they stated this. Its not the gospel and their ratings have been nothing but pure speculation.

 

[Paul Hjul]

LOOOOOOOOOOOOOOOOOOOONG overdue

Naspers is so horrendously exposed to so many things that could go wrong

 

[ToxicBunny]

LOOOOOOOOOOOOOOOOOOOONG overdue

Naspers is so horrendously exposed to so many things that could go wrong

Agreed, but if only 10% of those things don't go wrong they'll probably be fine... and if only 2 or 3 of them do as well as they should, Naspers are in the pound seats...