... and that was almost certainly the last one of the year.
As announced, a short post about the last two (actually only one was planned, but what does the world cost😅) purchases I made this year.
I ordered today, in my usual entry-level sizes in total:
13x $NPN (+4,23 %)
and
27x $CHWY (+1,75 %)
For those who don't know Naspers: a South African holding company that, through its majority-owned subsidiary $PRX (+4,03 %) significant shares in, among others $700 (+0,97 %) , $DHER (+5,52 %) and $MMYT (+6,75 %) among others. It also has an extensive investment portfolio in South Africa. The corporate structure is well established (anyone interested in international corporate law or ways to successfully counter hostile takeovers should really take a look at it😅), but above all, in my view, the company holds predominantly strong investments and only invests very selectively in new investments. The shareholder return is excellent! Since direct investments in China and India are otherwise usually difficult or even impossible and I would rather entrust my money to a South African holding company that is over 100 years old than to major American banks (no hate, just healthy skepticism about ADRs and the like), my choice fell on Naspers.
Just this much about Chewy: in my view, a tempting entry valuation. Strong in the pet food market in the USA across all price segments, online trading, subscription model with a (again) significantly growing number of users. My Everyday pet supplement to $ZTS (+2,87 %) quasi.
Maybe also something for @Max095 😉.
My next post will certainly not follow until the end of the week (i.e. not until 2026😳) on my targeted increases in my existing portfolio values, so I wish you all a good start to the new year, stay healthy and active here or get yourself to become active, that can only bring us all forward here.
In the spirit of our dear @Tenbagger2024 it means #gemeinsammehrerreichen 😘
So see you at dahin✌🏻
