Now’s the time to buy Naspers shares

Bradley Prior

MyBroadband Journalist
Super Moderator
Joined
Oct 16, 2018
Messages
1,807
Now’s the time to buy Naspers shares

Craig Pheiffer, chief investment strategist at Absa, has highlighted Naspers as a stock to watch in 2019.

Naspers shares struggled in 2018, due largely to Chinese company Tencent’s fall from grace, he said.
 

ToxicBunny

Honorary Master
Joined
Apr 8, 2006
Messages
81,697
And does Craig think Tencent is going to do any better this year, given the Chinese governments crack down on all things internet based currently?
 

Nobody Important

Executive Member
Joined
Feb 18, 2010
Messages
6,043
IMO Naspers value is so heavily dependant on their investment in Tencent (whose bubble is bursting) that I only see things getting much worse for them over the next few years.
 

ToxicBunny

Honorary Master
Joined
Apr 8, 2006
Messages
81,697
IMO Naspers value is so heavily dependant on their investment in Tencent (whose bubble is bursting) that I only see things getting much worse for them over the next few years.
100%...

I would almost suggest that by and large, Naspers share value is entirely wrapped up in Tencent... the rest of their business are almost valued at a zero value... (at least in perception)
 

Fuzzbox

Expert Member
Joined
Jun 10, 2009
Messages
1,043
Now is the time to short Naspers stock.
The stock is nearly at an all time high.
At about R2000 I would buy.
 
Top