Naspers Makes Another Move to Narrow Its Massive Valuation Gap to Tencent [The Motley Fool]
NASPERS LTD S/ADR (NPSNY)
NASDAQ:AMEX Investor Relations:
naspers.com/news/publication-of-prospectus-and-expected-admission-o
Company Research
Source: The Motley Fool
Naspers ( OTC:NPSNY Tencent OTC:TCEHY However, that blessing became a curse when Tencent's skyrocketing size soon made Naspers too large a company for the relatively small Johannesburg Stock Exchange, making up around % of the entire market as of early 09. Since many asset managers and indexes couldn't allocate full positions to Naspers because of its size, its share price has been "trapped" at a discount to its Tencent stake for some time. Naspers took a big first step last year when it spun off its non-South African technology assets into a separate company called Prosus OTC:PROSY left much to be desired Fortunately, this move does not appear to be a "one and done," as Naspers just recently took another small, yet meaningful action toward closing that wide valuation gap. Image source: Getty Images. Selling Prosus to buy Naspers On Jan. , Naspers proposed selling more Prosus shares to institutional investors in Europe, and closed the sale the very next day. Naspers wound up selling
Show less
Read more
Impact Snapshot
Event Time:
NPSNY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NPSNY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NPSNY alerts
High impacting NASPERS LTD S/ADR news events
Weekly update
A roundup of the hottest topics
NPSNY
News
- Prosus to Acquire Latin America’s Leading Online Travel Agency, Despegar, for US$1.7bnBusiness Wire
- With 47% ownership of the shares, Delivery Hero SE (ETR:DHER) is heavily dominated by institutional owners [Yahoo! Finance]Yahoo! Finance
- Naspers Accelerates Growth, With 5X Improvement in Adjusted EBIT [Yahoo! Finance]Yahoo! Finance
- Naspers Accelerates Growth, With 5X Improvement in Adjusted EBITBusiness Wire
- Carried interest’s day of reckoning [Financial Times (FT.com) (UK)]Financial Times