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Why you should stay the heck away from Naspers (despite the hype)

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This past week South African ecommerce juggernaut Naspers became the first company ever on the Johannesburg Stock Exchange to surpass the R2000/share barrier.

Every Tom, Dick and Sipho is singing the company’s praises and pouring their hard-earned money into its stock.

But, should you?

Momentum Investments Senior Portfolio Manager Shawn Stockigt urges caution and gives a lot of very good reasons why you should not get caught up in the Naspers hype.

Listen to the audio for more detail.


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by NEWSROOM AI
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