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Tencent investor Naspers has outgrown the South African market

42 pointsby mbgaxyzover 7 years ago

1 comment

nevi-meover 7 years ago
As a former employee at an audit firm related to Naspers, I sat on the sidelines when the share hit R1&#x27;000, we watched it break the other 1Ks with my former colleague, until the recent R4k.<p>Its growth just in the past 3 years have been. Its weight on our top40 index also distorts the reality of the &quot;plight&quot; of our country. Unemployment is at record highs, we often get bad news which could shake the market, but if Tencent is having a good day, forget about being able to clearly see the negative on the ALSI charts.<p>Really a great bet gone well! A listing on HK makes sense if lawmakers pave the way for it.