Where the FM got it wrong
The FM prides itself on bringing you the facts. But we may have wildly exaggerated Markus Jooste’s deal-making prowess or been the naysayers on the success of the Gautrain. Askies
The Naspers share hit a peak of R4,090 in November 2017. In June 2009, when the share was at R185.88, we said this about what has become one of SA’s best-performing companies:
Naspers’s value has increased in the past three months to a market capitalisation of R80bn. Its p:e ratio of 20.9 against the media sector’s 16.1 and the Alsi’s 10.5 makes Naspers look relatively overpriced...