Get started

Naspers

Naspers Buy Looking at long opportunities on NPN with the market having corrected to retest the breakout from the previous monthly high. Market is poised to move higher to break previous monthly highs. Prosus NV and Tencent Holdings Ltd. are investing in European online-trading group BUX, giving the internet giants a greater foothold in the fast-growing sector. The Dutch e-commerce group and Chinese developer of the WeChat app led a funding round of $80 million that BUX will use to expand its zero-commission investment platform. With increased investments in its e-commerce space, this will give investors more confidence on the company's future share growth. E-commerce is a continuous market space that is vast in opportunities to diversify investments.
JSE:NPNLong
by Nasdaq_Diaries
2
Naspers - an interesting growth stockThe poster child of the South African stock market over the last several years has undoubtedly been Naspers, with its largest holding in Tencent. I’ve tried to come to grips with the company and its individual parts which will take a bit more time, however, several things become apparent in the information at hand. Naspers has been able to grow its revenue at a phenomenal rate for more than a decade. Its revenue peaked in in 2016 with a fall of over 50% in its 2017 reported revenue. Since then, its continued to grow its revenue and earnings per share. Its average free cash flow margin over the last 5 reported years ending 2020, is around -2.71%. Its average EBITDA over the last 5 reported years ending 2020, is also negative at around -6.51%. This typically isn’t an issue if the company continues to grow its revenue as it has in the past whilst investing in new and exciting ventures. Its debt to revenue has steadily been increasing and now sits at over 100%. There are a few concerns that I have regarding the “health” of the company’s financials, however, it needs to be taken into perspective with the future growth strategy of the company. Based on the chart it appears that a wedge pattern has formed above the long-term channel. Maybe this suggests a possible breakout within the next 2-3 weeks? Please note, this idea is shared for educational and discussion purposes only and should not result in speculative investment decisions in any asset class.
JSE:NPNLong
by JesseMorgans
South Africa is a fundamental buy #EZASouth Africa is one Emerging Market economy poised for success given the recent dollar weakness. Today's retail sales data, +2.6% YoY vs 0.4% last month proves sequential acceleration in the macro data. Moreover, the noise around Eskom and SAA has been going on for years now and is merely noise. The only cause for concern would be a further downgrading of the Sovereign Bonds, which doesn't seem to be on the near term horizon. Naspers makes up 25% of the ETF, and with it's holding of Tencent in China, it should perform well given recent macro inflections out East. Recent Chinese PMI and output upticks prove the current reflationary theme being played out here in Q1 2020. Technically, the symmetrical triangle looks poised for a breakout or breakdown. Given the fundamental picture, I believe there is great risk/reward to the upside.
AMEX:EZALong
by MT-Macro
WeChat about NaspersWith uncertainly about WeChat being banned in the US as well as the TikTok situation, Huawei etc and other Chinese companies' status on US stock exchanges uncertain, could temporally affect Naspers, as can be seen in the multiple tops and gaps created lately. When and if it breaks the diagonal trendline, there are 2 support zones below. Could be a volitile move down with gap ups included. ----Could also create another peak, which would form a large head and shoulders structure.---- Also the Level 2 pop on Monday 17th was very short lived My personal view, not a trade recommendation Naspers JSE:NPN
JSE:NPNShort
by hedgefun
H&S Target reached and failed to confirm a break of support.JSE:MCG formed a Head & Shoulders pattern between March and December 2019, which played out nicely and reached it's target which perfectly coincided with the lowest low of 9031 from 6 March 2019. With yesterday's movement, it broke slightly lower, but retraced and failed to confirm with the close of the candle. Failing to confirm below this low could mean a possible upward move. I will wait for confirmation before entering a long position.
JSE:MCGLong
by RossLarter
NASPERSOn the Monthly chart for Naspers, here is what I see, we had a bullish reversal pinbar which shows that buyers did take the market up to the 278447 level on 2017 but for the past two years it hasnt been able to get back to that level, meaning the sellers were also trying to gain momentum in that period. Now my prediction is that the buyers are going to be still a little dominant but its for a short period, maybe in the next two months but after that we looking at a more stronger short position. I believe that leg "A" should be equal to leg "C" thus the set target which is almost complete. The drop there should drop us down all the way to the 50.00 or 61.8 Fb zone. Lastly, we also have the RSI Divergence confirming, now we just need to lookout on smaller timeframes for better risk management.
JSE:NPNShort
by TheGreatestMarketAnalyst
$Tencent Observation: Flat bottom triangle? $JSENPN $JSEPRXTencent in Hong Kong looks to be developing a flat bottom triangle pattern - otherwise known as a descending triangle. My only concern from a technical perspective is that these patterns are normally continuation patterns which develop in the direction of the preceding trend. However, there are instances when descending triangles form as reversal patterns at the end of an uptrend. Watch for a convincing daily close below the horizontal support line between (318-320). More importantly, a high volume break would provide better confirmation that this is indeed a true breakdown and will also provide a better probability that this pattern plays out. Should this technical pattern work out on a confirmed break below 318, it has a technical target of 243 HK$ which is roughly 24% away from current levels. The repercussions of this playing out has far-reaching consequences for our market given the elevated weightings which Naspers and Prosus occupy on our local indices. What is also interesting to take note of is that the last time we saw the death cross (50dma < 200dma) in Jun/Jul 18' on Tencent, we witnessed the stock have an aggressive sell off from R400 down to R250. This death cross has once again taken place in September..
HKEX:700Short
by MarcoOlevano