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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Lazarus who wrote (60944)	6/29/2018 1:59:18 AM
From: Paul Senior	1 Recommendation Recommended By Lazarus Respond to of 78783

Company is Naspers with correct symbol NPSNY finance.yahoo.com ========================= From Barron's, 6/22/18 South African Internet and media giant Naspers (South Africa: NPN) on Friday reported a sharp increase in fiscal 2018 earnings thanks largely to the sale of a portion of its stake in Tencent Holdings, driving up its shares 3%. "It was our strongest results in a long, long time," Basil Sgourdos, group chief financial officer, tells Barron's. He said the 103-year-old Naspers, which started in print media, improved its cash position by $9.8 billion by cutting the Tencent Holdings (Hong Kong: 0700) stake to 31.2% from 33.2% in March. "This gives us the firepower to invest in key areas such as online classifieds, food delivery, and fintech, and to move into new areas like ed tech," Sgourdos says. Naspers' net profit for its fiscal year ended March 31 was $11.36 billion, or $26.12 a share, compared with $2.34 billion, or $5.35 in fiscal 2017. Revenue improved 9% to $6.66 billion from $6.10 billion a year earlier. Including equity investments, the company's annual revenue soared 38% to $20.1 billion. Naspers' influence is far and wide. It does business in 120 countries, led by the classifieds business, which reaches 330 million people in 41 countries, and food delivery in more than 40 nations. Its fintech operations in 18 countries processed $25 billion in payments value in fiscal 2018. Last month, Naspers sold its 11% stake in Indian e-commerce startup Flipkart for $2.2 billion, resulting in a cool $1.6 billion profit.

To: Lazarus who wrote (60944)	6/29/2018 9:23:56 AM
From: E_K_S	1 Recommendation Recommended By Lance Bredvold Respond to of 78783

On The mIRC 50%gains chat board, we have all types of investors. One who is focused on the technical charts and 'swing trades' provides the group w/ some good candidate stock picks. ICHOR was one of those as he said it was a good 'set-up'. I generally will review, do my own value scan and if I see that it meets my undervalued criteria, will buy a starter position. I not only look at the GN value, but sector, does it pay a dividend, is their growth and/or reason for EPS fall off, does management have a plan and/or is a theme stock. So if the technicals line up (along w/ other factors) and there is value, I will start a small position and dig deeper into the company. The GN does provide me a minimum exit price and that helps me w/ my Sell decision. So our group does provide many new ideas and only a few of those ever pass the GN value test 'for me'. FWIW, IIN came from the same contributor but did not pass my GN test but was one of a very few micro-small cap medical devise companies that actually posted earnings (ie profitable & growing). I look at a lot of companies each week/month/years and have a pretty good idea of what value is vs speculation. The key for me (and survive over the last 30 years) is to understand the downside risk of each investment, try to minimize that by buying value and only expose a small percentage of the portfolio to any one investment and/or idea. Paul's basket approach has helped me significantly as I like to hold long term and if my theme on my basket (as I build the positions) is correct, the investment generally works. Good investing EKS