Tag Archive 'Naspers'

Mar 31 2011

Born to lose

Published by under Companies,More News,South Africa

I refer to this article I wrote on 14 July last year, when the share price of Naspers stood at R270. Earlier this month it broke through the R400 barrier. Since it has dropped down slightly. Still, most investors would be happy with a 48% gain in 9 months.

In the 14 July 2010 article I “suggested” the Naspers share price could be in for a nice climb. On 11 October (at R330) I said there was more in it (here). On 14 October (R361) I said there was still more in it. Now go to the Naspers site and click on the 1-year share price chart, and you’ll see no professional could have gotten his timing better than I did.

So, you made a lot of money? No. Not a cent. Why? Because I didn’t believe my own forecast. But, you’re so good at this, you are certain to see other opportunities soon? Wrong. This Naspers thing was pure luck. Sorry to say, but that’s how it is.

There’s more pain: when the Naspers share was at R25 in 2001 I had a few share options in an employee scheme. I gave them back when I emigrated to Germany in 2002. Only light in this tunnel: I can’t remember how many shares I had!


One response so far

Oct 11 2010

You heard it first…

Published by under Top Stories


I’m talking about Mail.ru’s IPO plans for the LSE.

Yes, yes. If you were a regular reader of this blog, you would have bought Naspers at R270 on 14 July and smiled today (at R330).

Today Fin24 wrote this.

But, don’t sell yet – the fun is only starting.

2 responses so far

Jul 14 2010

Naspers strengthens position in Russia

Published by under Companies,Europe,Top Stories

Naspers announced it would pour more money into Russia for a 28.7% stake in Digital Sky Technologies (DST), one of Russia’s biggest internet companies. For the complete (unusually comprehensive) statement go here[Read on]

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Jun 25 2010

Naspers: about smoke and fire

Published by under Companies,Top Stories

There is always fire where there is smoke. I refer to this post of mine (dated 18/3/2010) and this Fin24 article (22/6/2010).

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Apr 07 2010

Massive social media alliance takes shape

Published by under Companies,Top Stories

Tencent, the Chinese social media group in which Cape Town-based media group Naspers holds a roughly 33% stake, and two Russian media companies, are competing for control of ICQ, the chat service AOL put on the market in November last year. The Russian companies are Profmedia and Digital Sky Technologies (DST), reported Financial Times Deutschland (FTD). [Read on]

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Mar 25 2010

Giants team up against Naspers in eastern Europe

Published by under Companies,Top Stories

The growth potential of the businesses owned by SA-based media group Naspers in eastern Europe received a nasty blow with the announcement yesterday that the Springer Verlag, Germany’s biggest media group, and Ringier, Switzerland’s biggest media group, have joined forces to grow their market share in eastern Europe. [Read on]

One response so far

Mar 18 2010

Government ban hits Naspers business in China

Published by under Companies,Top Stories

Martin Lau, president of Tencent, China’s biggest internet company*, has warned that government regulation was impacting negatively on the mobile business of Tencent. The Chinese government banned payment per mobile phone in November last year. [Read on]

One response so far

Oct 09 2009

Naspers buys in Hungary, doesn’t tell a soul

Published by under Companies,Top Stories

On the topic of the disclosure duty of listed companies and in support of my “thing” against Naspers and/or the JSE, here another bit of information which hasn’t (yet) made it to South Africa – although it happened in early August. For what I mean with “thing”, read here. [Read on]

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