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Naspers Ltd (NPNJn)

Naspers Ltd (NPNJn)

237,746 -8963 -3.63%
15:08:00 - Closed. Currency in ZAR
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Bid / Ask 237,746 / 237,772
Day's Range 235,680 - 242,418
52 wk Range 200,016 - 375,001
Prev. Close 246,709
Open 238,602
Volume 1,032,387
Av. Volume (3m) 1,133,489
Market Cap 1.04T
Beta 1.47
P/E Ratio 24.11
Dividend (Yield) 7.1 (0.29%)
Revenue 64.28B
EPS 102.31
Next Earnings Date Jun 23, 2020
1-Year Change - 16.3%
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Festus Ndlovu
Festus Ndlovu

The Parliamentery investigations relating to Naspers' subsidiary Multichoice in South Africa are catching up with counter and it's not looking good. The way the comapny has somehow handled the allegations seems to be unsatisfactory to the market hence the price drop that we now see. The heavily weighted counter's failure to extricate itself from the controversy of Multichoice may eventually come to hurt it badly and the entire JSE listings infrastructure. My hope is that they will wake up and rise up to the reality at hand and more so to the magnitude of the issue at hand.  ... (Read More)

Dec 06, 2017 02:03 GMT· Reply
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