Naspers. Picture: BLOOMBERG/WALDO SWIEGERS
Naspers. Picture: BLOOMBERG/WALDO SWIEGERS

Waldo du Plessis from Nitrogen Fund Managers chose Naspers as his stock pick of the day.

“I’m going to go with Naspers, Tencent results were out this week which were a resounding beat on market expectations, but Tencent has this overhang of this executive order that [US President Donald] Trump has signed in he which will ban transactions with WeChat, and that could flow out into Tencent’s expansion plans.”

Would you like to comment on this article or view other readers' comments?
Register (it’s quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.