MyMoney Online

Why you must own Naspers, the hottest tech-firm in Africa (or is that China?)

Also read the following related article:

- How once tiny Afrikaans publisher Naspers became an emerging market juggernaut

The Naspers share price ended last week on R1600 before pulling back somewhat to R1500. The emerging market juggernaut released a decent trading update but it was an announcement from Tencent that they’ll soon start distributing Warner Music that really shot the lights out.

Naspers own 34 percent of China’s Tencent, the fifth largest internet company in the world after Google, Amazon, Alibaba and Ebay.

“The magnitude of its share price makes people nervous,” admits Nick Crail, Portfolio Manager at Ashburton Investments. “However, if you delve into their operations, it’s all about growth.

“Naspers’ products are desperately wanted by consumers,” says Crail. “The mobile opportunity in China is driving the share price.”

Naspers’ ecommerce businesses have been losing a lot of money up to date but consolidation in key markets should see them starting to generate a profit.

“Pay TV is the cash cow,” says Crail. “It generates a lot of profits in South Africa and there is the potential for immense growth in the rest of Africa.

“Naspers is geared for growth all round. It’s looking good in our view. Just close your eyes and take the wild ride!”

Also read the following related article:

- How once tiny Afrikaans publisher Naspers became an emerging market juggernaut

Also listen to the Soundcloud clip for more detail.


Recommended

by NEWSROOM AI
Read More
How once tiny Afrikaans publisher Naspers became an emerging market juggernaut

How once tiny Afrikaans publisher Naspers became an emerging market juggernaut

Bruce Whitfield speaks to historian Professor Lizette Rabe about the story of the Nasionale Pers.

How to protect your wealth when the JSE is falling

How to protect your wealth when the JSE is falling

How to protect your wealth should the JSE start to weaken...

How to tell a truly amazing investment from one that’s merely a scam

How to tell a truly amazing investment from one that’s merely a scam

Bruce Whitfield talks to Warren Ingram, Financial Advisor at Galileo Capital, about telling the difference between the two...

How to grow your bank balance (not your waistline!) with Burger King

How to grow your bank balance (not your waistline!) with Burger King

Grand Parade Investments, one of the JSE’s hottest shares, struck gold by bringing Burger King to SA, says Sanlam’s Gerhard Lampen.

4 beliefs about shares that keep you from growing wealthy

4 beliefs about shares that keep you from growing wealthy

4 popular, yet patently false, beliefs about stock market investing that's holding you back.

Popular articles
Medical aid premiums are set to increase in 2019

Medical aid premiums are set to increase in 2019

The submissions are currently with the Council for Medical Schemes for consideration.

Assisted suicide activist facing murder charge released on bail

Assisted suicide activist facing murder charge released on bail

Eyewitness News reporter Shamiela Fisher gives a summary of the court proceedings for Sean Davison.

The weed debate continues

The weed debate continues

Callers on the Eusebius McKaiser Show discuss the ConCourt's ruling to decriminalize dagga.

'We can barely enforce tobacco legislation, how will we to deal with dagga?'

'We can barely enforce tobacco legislation, how will we to deal with dagga?'

International law enforcement expert and former Drug Unit Commander Lobo das Neves says ruling opens a different can of worms.

Comair reports record earnings, 72nd profitable year in a row – a world record!

Comair reports record earnings, 72nd profitable year in a row – a world record!

Recession, soaring fuel costs and surplus capacity - yet profits keep coming! Bruce Whitfield interviews Comair CEO Erik Venter.

'Let’s tax this thing and make money out of it!'

'Let’s tax this thing and make money out of it!'

The Money Show's Bruce Whitfield interviews Jeremy Berke (Business Insider) and Unathi Henama (Tshwane University of Technology).

Basic Education to introduce Kiswahili and coding to SA's curriculum

Basic Education to introduce Kiswahili and coding to SA's curriculum

Basic Education spokesperson Elijah Mhlanga spoke to Joanne Joseph on the Afternoon Drive to elaborate.

ConCourt rules dagga legal for private use, but what is private?

ConCourt rules dagga legal for private use, but what is private?

Associate Professor of Law at Wits University James Grant says the ConCourt did not define what private use was.