Naspers (NPSNY)

June 3, 2018

our opinion

buy

current price

$52.23

target price

$65.50

market cap

$56.28

div yield

1.79%

  • Wall Street currently values Naspers’ non-Tencent holding at $0.00.
  • Naspers sold its stake in Flipkart to Wal-Mart for over $2 billions USD.
  • Naspers has billions to deploy into new ventures; massive upside, little risk.

trade details

Naspers is one of the largest stakeholders in a Chinese company called Tencent. If you’ve traveled to China in the past few years there’s a good chance you used one of Tencent’s products. Their most popular app is called WeChat.

Naspers is one of the largest stakeholders in a Chinese company called Tencent. If you’ve traveled to China in the past few years there’s a good chance you used one of Tencent’s products. Their most popular app is called WeChat.

We recommend buying shares up to $54. We will plan to
hold shares until they reach $62.