There’s a paradigm shift happening in the markets; position accordingly –...
UK-based fund manager Sean Peche shares his views on two very topical investment themes; the growth to value rotation and China as an investment destination. The growth to value rotation seems to be in...
View ArticleFinancial Times perspective: Naspers associate Tencent pursues quieter...
Tencent CEO Pony Ma seeks to avoid Beijing's push against perceived monopolists by targeting expansion overseas. This article is exclusive to Biznews Premium. Members please login here. Not yet...
View ArticleMarket Movers: Woolworths, Naspers and Gold
Food retailer Woolworths announced a trading update that was worse than expected, with headline earnings (the primary indicator of performance) falling by around 40%. The high-end retailer cited...
View ArticleThe Daily Insider: Babylonstoren’s UK version sponsors the Chelsea Flower Show
Our London correspondent Linda van Tilburg keeps an eye on what Saffers are up to in the UK. Especially those having an impact in the land which invented the old school tie. It was with some excitement...
View ArticleSean Peche slams Naspers/Prosus management, a voice for South African savers
UK-based fund manager Sean Peche has had enough of the brutal value destruction taking place at JSE index heavyweights Naspers and Prosus. He has no emotional attachment or position in either company,...
View ArticleGiving unto Caesar – ANC donors include Naspers, Harmony Gold et al.
It pays to keep the ruling party sweet as generations of boardroom chiefs have probably confided at the 19th hole, but time and context render the best of companies hypocritical. Take the ‘surprise’...
View ArticleNaspers/Prosus R12bn Russian writeoff – not much of an impact, but watch out...
There’s good and bad news in this typically forthright podcast interview with Ranmore Funds’ Sean Peche. On the plus side, the Naspers/Prosus group’s $700m write-off on Russia’s VK Group (formerly...
View ArticlePremium: Beijing tries to repair Xi’s shared prosperity assault on Chinese...
Don’t fight Beijing. That was the investment mantra behind the brutal, long-running selloff in Chinese tech stocks that began in late 2020. This article is exclusive to Biznews Premium. Members please...
View ArticleCorion report shows nimble outperformed in March – light on Prosus/Naspers,...
The best investment returns are being generated by smaller, more nimble money managers, according to David Bacher of Corion Capital, whose tables for March have just been released. In this podcast,...
View ArticleNaspers’ failed “closing discount” strategy hits fresh nadir – Piet Viljoen...
Two years after Naspers management began implementing an explicit ‘closing discount to NAV’ strategy, the consequence has been the precise opposite of what was intended. Counterpoint’s Piet Viljoen...
View ArticleUPDATE: Naspers jumps 24% on Tencent sale news
The announcement by Naspers and Prosus of its decision to start an open-ended share repurchase programme, funded by regularly selling small numbers of Tencent shares to unlock immediate value for...
View ArticleNaspers delivers strong revenue growth with profitable core operations
*This content is brought to you by Naspers Naspers Limited (JSE: NPN) announced strong revenue growth with profitability in core operations for the year ending 31 March 2022. Building on the prior...
View ArticleValue investor Sean Peche celebrates turning of the investment trend (and...
Ranmore Fund Management founder Sean Peche has enjoyed a purple patch, correctly forecasting the meltdown in growth stocks and the rebound of the value counters where his portfolio is focused. In this...
View ArticleSA’s top money manager Piet Viljoen explains why JSE will keep outperforming...
The man whose money management prowess has put him at the top of SA’s three- and five- year performance tables reckons JSE-listed shares will continue to outperform those on Wall Street for some time...
View ArticleSA’s top money manager says it’s time to buy shares, with many other...
JSE-listed mining shares have taken an awful hiding since March, with a number having lost as much as half their value. But that’s a buy signal for South Africa’s top performing money manager, Piet...
View ArticleLow profile, big reputation: 36ONE’s Cy Jacobs on Naspers, Absa and the...
Cy Jacobs is among a handful of investment managers who consistently attract South Africa’s smart money. An all rounder, his company 36ONE runs hedge funds and unit trusts, takes long and short...
View ArticlePremium: Double blow for Naspers – Tencent’s loses exponential status;...
Another blow for Naspers fans is news that China's biggest food delivery company, Missfresh, has gone bust. This article is exclusive to Biznews Premium. Members please login here. Not yet subscribed?...
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From the archives: SA’s top money manager Piet Viljoen explains why JSE will...
First published on 29th June 2022 The man whose money management prowess has put him at the top of SA’s three- and five- year performance tables reckons JSE-listed shares will continue to outperform...
View ArticleInvestment debate with Piet Viljoen and Cy Jacobs
A must watch investment debate between master fund managers Cy Jacobs of 36ONE and Piet Viljoen of Counterpoint at the BizNews Conference #4. Topics under the hammer included differing investment...
View ArticleNaspers slides 12% as Xi asserts full control in China
(Bloomberg) – US-listed Chinese stocks tumbled in premarket trading, with investors spooked by President Xi Jinping’s tightening grip on China’s ruling party, as he embarks on a precedent-breaking...
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