NPN
💼 Naspers is implementing a strategy of selling assets to repurchase shares, aiming to reduce its significant discount to net asset value.
📈 This approach is designed to unlock shareholder value more rapidly than traditional methods.
💰 The company’s holdings, particularly in Tencent, represent substantial underlying value.
@ElClubDeInversion:
“Holdings and asset managers are entities that use their balance sheet to invest in other companies. And it is true that historically, they usually trade at a bit of a discount. In the end, especially if they are listed, the market says, ‘Well, you are supporting a cost structure, and you could invest directly in those companies.’ But, of course, one thing is a 5% discount and another, like many that we have, with a 50% discount. So, we find many of these types of dynamics or situations now. And, besides, we go hand in hand with management teams that unlock value quickly, repurchasing assets—I mean, selling assets to repurchase shares, like Naspers and others.”
In this segment of the video, Javier discusses Naspers:
View the video on YouTube.
Read more articles featuring the most recent analysis of Naspers (NPN) at this link: NPN stock.
