• Voter paralysis

    With so much tilting voters against change, democratic reason is the loser, says Solly Moeng.

  • The power of perseverance

    True grit is a reliable predictor of who will achieve success in life, says Ian Mann.

  • It's the system

    The system sucks and it’s being used far too often as an excuse, says Mandi Smallhorne.

All data is delayed
Loading...
See More

A user take on Naspers' BEE stocks

Mar 07 2016 11:23
iStock_africa markets


Company Data

NASPERS LIMITED [JSE:NPN]

Last traded 2220
Change 36
% Change 2
Cumulative volume 859251
Market cap 0

Last Updated: 25-05-2016 at 04:25. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Naspers forgives some R400m Welkom Yizani debt

SHARE WATCH: Users give their stock bets

MultiChoice BEE shareholders receive R1.2bn dividend

The status of Welkom Yizani shares

Sasol Inzalo debuts on JSE

Don't limit your stock picks to last year's winners

 

Cape Town - Fin24 user Derek A Harris has provided an update on Naspers [JSE:NPN] BEE shares, which he says are putting up a good show. 

Responding to a call to weigh in on Fin24's weekly SHARE WATCH, he writes:

Good things seem to be happening with Naspers' two BBBEE share schemes, Welkom Yizani for Media24 and Phuthuma Nathi for MultiChoice.

1. NPN sold most of MWeb last year and is sitting with cash in its war chest.

2. Novus listed on the JSE last year.

3. Novus acquired a digital printing business and is big time into toilet paper manufacturing, making them less dependent on newspaper and magazine printing. It holds its own in the printing of educational material and ballot papers for African countries.

4. The Novus CEO and board of directors changed.

5. Naspers CEO Bob van Dijk appointed a top man to jack up Media24's e-commerce business.

I think all of this bodes well for both schemes.

The BBBEE lock-in period for both Phuthuma Nathi and Welkom Yizani expires this year, so I expect a lot of corporate action on this front such as:

1. Listing both on the JSE BEE board;
2. Listing on an alternative exchange;
3. Listing on the main JSE board; and
4. Any combination of the above.

I expect Koos Bekker to unlock massive value for the shareholders in the next few months.

* Fin24 is part of Media24, a subsidiary of Naspers.

Disclaimer: The above article does not constitute financial advice and is not a recommendation. Investors must always seek the advice of professionals and trade with caution. Under the ECT Act and to the fullest extent possible under the applicable law, Fin24 disclaims all responsibility or liability for any damages whatsoever resulting from the use of this site in any manner.

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest. 24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

naspers  |  share watch

NEXT ON FIN24X

 
 
 
 

Company Snapshot

We're talking about:

THE DEBT ISSUE

Debt is one of the biggest financial issues facing South Africans today. Find out how you can avoid and manage your debt with Fin24 and Debt Rescue.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Would you take out a payday loan?

Previous results · Suggest a vote

Loading...