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NASPERS LTD -N-NASPERS LTD -N-NASPERS LTD -N-

NASPERS LTD -N-

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NPN trade ideas

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
JSE:NPN Naspers Markdown in Phase D DistributionFollowing the weakness in Naspers - see posts below - since December we are now being marked down in Phase D as defined by the Wyckoff distribution range. We have seen a couple of tests of the highs that have failed and we are likely seeing a transfer of stock from strong to weak hands. We are now anticipating a break of the upsloping distribution range. Distributions can often be quite dramatic so watch for some sudden moves. Manage your risk.
JSE:NPNShort
by SteynTrade
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
JSE:NPN Naspers Reversal BarI started to look at the signs of weakness in Naspers in December - see post below - but after a good rally in January I thought that I may have read things incorrectly. However, now after an upthrust action and failed test of the highs on lower volume, we have seen a significant reversal bar. The size of the daily bar is larger than any bar for some time. This could mean that following the Wyckoff theory that we have only now seen the up trust (UT) and test in Phase C and a markdown in phase D is likely to start and then further down the line a further markdown out of the distribution up sloping trading range.
JSE:NPNShort
by SteynTrade
$JSENPN Naspers. Top to channelNaspers is trading in a defined channel with an uptrend. It has now reached the top of the channel once again. It would be interesting to see what happens at the 345000 level, but my suspicion is that resistance will hold and we will move down to test the bottom of this channel once again around the 300000 level. The all share index of which NPN forms a large part has move too far too fast in my opinion, and if the market takes a breather it won't be a surprise. No position.
JSE:NPN
by KoosKanmar
JSE:NPN Naspers Distribution?Naspers is looking like it is completing a distribution trading range in spite of a strong market. After a push higher in November increased selling volume provided a major sign of weakness (SOW). After a poor attempt to rise it is now had a high volume significant selling bar. This could indicate a large concern is completing its sale of the stock into the strength at the end of the year and could be ready for a markdown going into the new year.
JSE:NPNShort
by SteynTrade
4