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Online Share Trading

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Naspers

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Skyhawk
Contributor
Hi, is there a indication when Naspers will run out of steam? Thanks
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7 REPLIES 7
Rams
Super Contributor
tommorrow... posssibly
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Skyhawk
Contributor
thanks it seems at a high nice move for a year
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Molemishi
Contributor
Maybe it will rise again but not sure
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AJT
Super Contributor
been saying for years this stock is too expensive and hence never bought - been wrong for years so stopped forecasting on Naspers valuations...
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SimonPB
Valued Contributor
tencent results wed at 2pm CAT
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Not applicable
Naspers is an interesting one, hard to take a company with a PE of 60 as cheap - but it is the value of its parts, and not the revenue streams that drives the stock. Tencent is a biggie - with 350m users on its chat platform and plans to monitize this through banking apps. Unfortunately, that monitization plan has been thwarted by Chinese government so, right now, the play is speculative until that regulatory mess is sorted (IMO). Again, unfortunately, with stocks like Naspers and Tencent, there is so much hype around them, if you wait as an investor to see if that hurdle is overcome - the speculators would already have pushed the price up
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am_1
Frequent Contributor
Great summary Thanks Skaap.
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