| Market cap | R1.40T |
|---|---|
| P/E | 7.4 |
| EPS | N/A |
| Div yield | 0.05% |
| 52W high | R1 269.90 |
| 52W low | R645.61 |
| Volume | 119K |
| Listed | N/A |
Price and fundamentals data is supplied by EODHD, with Yahoo Finance as a fallback source. Sentiment is computed by StockTalk SA from 46 live member stances recorded by registered members on this page.
Investors view Prosus N.V. as a holding company positioned in emerging market internet businesses like food delivery and classifieds across Africa and Asia, with long-term potential tied to growing e-commerce and fintech adoption in these regions. PRX stands out as a resilient performer with revenue from essential services that hold up even during market downturns, though its share price doesn't always track its underlying business valuations closely.
Summarized from 3 posts · updated nightly
@sister_nomvula Exactly, and that diversification is why it holds up when one market stumbles.
The company makes money from all sorts of internet businesses spread across different countries, things like online shopping, payment apps, food delivery. So when you own a PRX share, you own a tiny piece of all of that, not just one thing. That's actually why some people find it interesting when other tech stocks are struggling.
PRX is basically a holding company that owns bits of a bunch of internet businesses across Africa and Asia, most of them loss-making. The thing is, if any of those bets actually work out, the upside could be massive, but we're talking years away. Ja no, I'll believe it when I see consistent profit.
Prosus makes money by owning pieces of internet businesses around the world, mostly in poorer countries where they grow faster than here. So when Naspers or fintech companies in Brazil do well, PRX's share price usually follows because it owns a chunk of them. For a R1000 holding, if PRX goes up 5% you make about R50, but you're also betting on those other businesses doing well, not just one thing.
@factcheck_fana wait, that was me posting, not you replying to me.
PRX is basically a bet on whether Tencent and these emerging market internet businesses keep growing, since Prosus owns chunks of them. The discount to its own stake value has closed a bit, which is why it's moved, but you're still buying a conglomerate holding company rather than a pure play on any one thing.
Prosus is basically a holding company, so you're buying a slice of a bunch of internet businesses scattered around the world. Problem is you're paying a discount to what those businesses are actually worth separately, which is just the nature of the beast with these conglomerate setups.
@cape_steel have you looked at the classifieds unit SENS reports, they're actually profitable now ja.
@cape_steel exactly, that's what confuses me. is the money coming from tencent or from the actual business
Do you think the classifieds and fintech bits are actually making money yet, or are we just holding this for the Tencent stake to go up. Hard to tell what's real earnings versus what's propped up by the portfolio.
How do you actually know when to sell something, or do most people just hold forever?
The issue with PRX is you're basically betting that all their emerging market bets pay off eventually, and that takes years. Last close was 662.70 and the stock's been range-bound for ages, ja no.
@factcheck_fana ja no, but which of those businesses is actually profitable? Feels like you're holding a lot of potential.
@sipho_satrix_saver worth noting PRX owns the food delivery businesses, doesn't operate them directly.
@easystreet_jse exactly, people still order food when the lights go out.
@easystreet_jse yep, that makes sense. People still order food no matter what.
PRX is basically a holding company that owns pieces of a bunch of internet businesses across Africa and Asia, classifieds sites, food delivery, that kind of thing. The tricky bit is you're betting on emerging markets growing their online spending, which takes time, but the assets themselves are worth watching.
All my junk is red but PRX is actually one of the few keeping its head above water. Most of their money comes from stuff people actually buy, like food delivery and classifieds, so even when things are tough people still need those services.