Imagine Naspers without its 34% stake in Tencent (world’s 5th largest company)

Naspers owns 34% of Tencent, which this week surpassed Facebook to become the fifth largest company in the world.

In 2001, the Cape Town-based company invested a mere $32 million in Tencent.

Tencent is now valued at $523 billion, taking the Naspers stake to $177 billion.

How much would Naspers be worth without Tencent?

The Money Show’s Bruce Whitfield interviewed Philip Short, an Investment Analyst at Old Mutual Investment Group.

Listen to the interview in the audio below (and/or scroll down for quotes from it).

You are looking at R1000 per share [Naspers without Tencent]…

Philip Short, Old Mutual Investment Group

Yes, the share has run very hard… there’s still a lot of value to be unlocked…

Philip Short, Old Mutual Investment Group

Click here (then “like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : Imagine Naspers without its 34% stake in Tencent (world’s 5th largest company)


Recommended

by NEWSROOM AI
Read More
Transnet gets Chinese rail supplier to pay back R618 million in looted funds

Transnet gets Chinese rail supplier to pay back R618 million in looted funds

Transnet is on a mission to get back what was stolen from it. Bruce Whitfield interviews its Chairperson, Popo Molefe.

Tito Mboweni paves the way for a fully-fledged, state-owned commercial bank

Tito Mboweni paves the way for a fully-fledged, state-owned commercial bank

The Minister will introduce a Bill to allow for the creation of a state-owned commercial bank, says Chantél van Zyl.

The impact of a fire in the US might spare South Africa from getting burned

The impact of a fire in the US might spare South Africa from getting burned

Eskom is in big trouble, but not as much as the Pacific Gas and Electric Company.

Bosasa: Angelo Agrizzi spills his guts to stay out of jail

Bosasa: Angelo Agrizzi spills his guts to stay out of jail

The Money Show’s Bruce Whitfield interviews Kyle Cowan, an investigative journalist at News24.

Make money with farming (no land or dirty hands required)

Make money with farming (no land or dirty hands required)

Interested in farming as a "Hassel-free" side-hustle? The Money Show’s Bruce Whitfield interviews Grant Field, CEO at Fedgroup.

How to start your own business (by a guy who started his with almost no money)

How to start your own business (by a guy who started his with almost no money)

The Money Show’s Bruce Whitfield interviews NicHarry founder Nic Haralambous.

Popular articles
Bosasa's Angelo Agrizzi's shocking evidence at state capture commission

Bosasa's Angelo Agrizzi's shocking evidence at state capture commission

Agrizzi has revealed evidence which implicates former SAA chairperson Dudu Myeni in state capture.

Manyi: ATM is bigger than the ANC and we're gunning to govern

Manyi: ATM is bigger than the ANC and we're gunning to govern

While he couldn't quote precise figures, he claims that the party's size is in excess of a million members.

Chamisa's spokesperson describes tense situation in Zim as 6 civilians killed

Chamisa's spokesperson describes tense situation in Zim as 6 civilians killed

Opposition leader Nelson Chamisa has been calling for President Emmerson Mnangagwa to return home to resolve the situation.

Bryan Habana opens up about money, and now having to buy his own clothes

Bryan Habana opens up about money, and now having to buy his own clothes

Bruce Whitfield interviews the legendary Springbok about his attitude toward money (hopes and fears, successes and failures, etc.)

Woman arrives in CT after driving from Scotland to SA in her old Morris Minor

Woman arrives in CT after driving from Scotland to SA in her old Morris Minor

The journey began in Aberdeen, her father's birthplace, in June last year and ended in Mother City over the weekend.