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Alec Hogg: The Big Tech stock that’s always on sale
BizNews founder Alec Hogg shares his rational perspective on Naspers/Prosus, the Wall Street rebound and the US Open.
Prosus/Naspers CEO Bob van Dijk had a lot of interesting things to say in our interview yesterday. Led by the disclosure that Deloitte has valued the group's non-Tencent assets at $39bn – almost double the figure of a year ago. Click here. That impressive number exposes the full extent of the share price discount (above), a problem Stephen Wilmot writes this morning for our partners at the Wall Street Journal. A must-read for Prosus/Naspers shareholders. Click here.
- Exciting news for our BizNews Share portfolio stalwart Netflix which last night signed up iconic filmmaker Steven Spielberg. The Netflix share price did not react. That won't worry fans like us because short-term focused Mr Market tends to ignore developments which deliver long-term advantages. Click here for the story.
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