Tencent Holdings

Prosus NV- The Tencent Play

Prosus NV is a Dutch technology investment company founded in 2019 through the spin-off from South African media group Naspers. The company focuses on investing in high-growth technology companies, with a particular focus on e-commerce, online classifieds, fintech and education technology.

Historical development

Prosus was born out of Naspers' strategic goal to bundle its international internet holdings into a stand-alone company. The IPO in 2019 on Euronext in Amsterdam catapulted Prosus to become the largest listed technology company in Europe.

Business model and core competencies

Prosus' business model is based on long-term investments in promising technology companies. The company's core competence lies in identifying, supporting and scaling innovative business models. In addition to capital, Prosus also provides its investments with expertise and access to a global network.

The most important investments include

• Tencent: Leading technology company in China
• Delivery Hero: Global provider of food delivery services
• PayU: Fintech company for payment solutions
• OLX Group: International platform for classified ads

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Future prospects and strategic initiatives

Prosus continues to focus on high-growth markets, particularly in Asia and Latin America. The focus is on high-potential sectors such as e-commerce, fintech and edtech. A key strategic measure is the ongoing share buyback program, which aims to reduce the discount between the stock market value and the intrinsic value of the investments.

Market position and competition

As one of the world's largest technology investment companies, Prosus is in direct competition with other global technology giants such as $9984 (+0,72 %) . However, the company has a clear competitive advantage due to its strong presence in emerging markets and its broad geographic focus.

Total Addressable Market (TAM)

Prosus' addressable market (TAM) is huge, as the company is active in various industries and regions. The global e-commerce market is expected to reach USD 16.6 trillion by 2027. The fintech industry is forecast to reach a market volume of 699 billion US dollars by 2030.

Share performance

Since its launch, the Prosus share has recorded a volatile but overall positive performance. In the last 12 months, the TR was 45%, while the TR over three years is 17.1%. .

Despite the growth, the share continues to trade at a significant discount to its net asset value. The current market capitalization of around €90 billion is approximately 20% below the value of the holdings, offering a potentially attractive opportunity for value investors.

For the development (company figures), a better view and more, check out the free blog : https://topicswithhead.beehiiv.com/p/prosus-nv-der-tencent-play

$PRX (-0,07 %)
$700 (-0,14 %)
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Week in review 12.10.

All-time highs for S&P 500, Dow Jones, Air Products & Chemicals, American Express, Arista Networks, Bank of New York Mellon, BlackRock, Caterpillar, CAVA, Fiserv, GE Vernova, Goldman Sachs, Mastercard, Morgan Stanley, Motorola Solutions, Piper Sandler, Royal Caribbean, Uber, Unum

52-week highs for Carnival, Commerzbank, GE Aerospace, Hilton Worldwide, MicroStrategy, Norwegian Cruise, Palantir, Ralph Lauren, Robinhood Markets, Sea Ltd. , Shake Shack, Tangier, Teledyne

Tesla Cybercab / Robotaxi planned from 2026 for under 30,000$. In addition, an autonomous bus with 20 seats was presented, share falls -8.1%, market is disappointed, -19% 1-year performance

Nvidia partner Hon Hai increases capacity to meet "crazy" AI demand, Nvidia shares +8.3% this week, +176% 1-year performance

AMD unveils MI325X AI accelerator to compete with Nvidia's H200, customers include Google, Microsoft, OpenAI, Dell, Oracle, Meta, Hewlett Packard Enterprise, Supermicro, Lenovo and Databricks, AMD launches EPYC 5th Gen Datacenter CPU to compete with Intel's Xeon, AMD currently has 34% market share in Datacenter CPUs, MI350 coming in 2025 to compete with Nvidia's Blackwell, AMD stock drops -4%, apparently sell the news event, +45% 1-year performance

92% of desktop processor sales at major German online retailer Mindfactory were from AMD last week, Intel only at 8% share and -36% 1-year performance

TSMC with good quarterly figures, share price rises slightly, +97% 1-year performance

JPMorgan with good quarterly figures, share +5.1%, +48% 1-year performance

Wells Fargo with good quarterly figures, share +6.5%, +49% 1-year performance

PepsiCo and Samsung with poor quarterly figures, shares fall slightly

Amazon Pharmacy announces same-day delivery of prescription drugs in 20 more US states and expands its service to almost half of the states in 2025, +43% % 1-year performance

Jefferies says Apple's hopes for an AI phone are overdone and high expectations are premature, Hold rating, +26% 1-year performance

The situation is similar at Microsoft after Oppenheimer downgraded its rating from "Outperform" to "Perform", it was the second such downgrade by analysts in recent weeks, AI sales are overestimated and shares have underperformed since July due to "AI fatigue", plus losses at OpenAI, +26% 1-year performance

Two Google scientists from the subsidiary DeepMind receive the Nobel Prize in Chemistry, they developed the AI model "AlphaFold2", which can be used to predict the structures of all 200 million known proteins, the AI is used in 190 countries, for example in the clarification of antibiotic resistance or the use of enzymes to break down plastics, Alphabet shareholders like this, +12% 1-year performance

Inperial Brands increases dividend, now pays out quarterly and buys back shares, share price rises 5%, +36% 1-year performance

FTX - customers will soon get their balances paid out after the crypto exchange went bankrupt in 2022 and the management was imprisoned

Shortseller Hindenburg Research with allegations of fraud and safety concerns for children at gaming service Roblox, share price falls -6%, even -70% since November 2021

After two very positive weeks, China stocks fall like a flash in the pan as the market expected more stimulus from the Chinese dictator. Dictator, Hang Seng with worst day since the 2008 financial crisis, this week

China strengthens real estate sector and signals more spending ahead, Finance Minister announces measures to support real estate sector today and government would now have more room to borrow and increase deficit, China also announces issuance of special government bonds today to bolster capitalization of its largest state-owned banks, Printer is coming

Fitch downgrades France's credit rating to negative due to higher deficits, government debt expected to rise to 118.5% of GDP by 2028

FTSE Russell: Greek equities on track for upgrade to developed markets, FTSE Russell to provide update as part of March 2025 review, Greek equity index up 53% since start of 2023

Porsche sells 7% fewer cars due to China slump by -29%, -5% North America but +7% Germany & Europe, -21% % 1-year performance

Deutsche Telekom increases dividend and launches share buyback program for € 2 bn, highest share price in 23 years, +33% 1-year performance

Commerzbank reaches highest share price since the euro crisis in 2011, +61% 1-year performance

Bayer with new lawsuit in the USA over PCBs, share price -7%, -41% 1-year performance

German industrial order intake fell unexpectedly sharply by 5.8% in August compared to the previous month

E.on CEO expects energy prices to rise in the long term thanks to higher taxes & levies and the world's stupidest energy policy

The Ampel expects the economy to shrink for the second year in a row, revising its GDP forecast for 2024 from +0.3% to -0.2%, only the second consecutive year of shrinking GDP since the fall of communism in 1990

After the pension insurance, the German long-term care insurance is also bankrupt, as recipients of citizens' benefits are not paying in and society is ageing, Lauterbach therefore wants to increase the monthly contribution for long-term care for all workers, so soon less net from gross again

" If you want to read a review like this every week, leave a like and subscribe.

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The Ubisoft
$UBI (-3,19 %)-share price rises on takeover rumors as Chinese 🇨🇳Technologiekonzern Tencent
$700 (-0,14 %) shows interest in the French 🇫🇷 game developer. Tencent and the Guillemot family are examining options to stabilize the company, whose value has fallen by over 50 percent this year.

Tencent already holds 9,2 percent of the voting rights, which Guillemot-family holds around 20,5 percent.

Although the shares in Paris by up to 33 percent, the share price fell by around 40 percent over the course of the year.

Ubisoft is struggling with weak
business developmentespecially due to delayed game releases.

Podcast episode 57 "Buy High. Sell Low."

Subscribe to the podcast to keep more net from gross!

00:00:00 Vistra Energy, Constellation Energy, Uranium Energy, Uranium ETFs $VST (+7,75 %)
$STZ (+1,1 %)
$UEC (+3,28 %)

00:37:20 Alibaba, China stocks $9618 (+1,02 %)
$700 (-0,14 %)
$80700
$1211 (+0,58 %)

01:12:00 Exxon, Shell, Diamondback Energy, oil ETFs $SHEL (+1,41 %)
$GB00B03MM408
$RDS.A

01:32:00 LVMH, Hermès $MC (-1,36 %)
$9988 (-0,72 %)
$BABA (-0,73 %)

01:42:00 Kering $KER (-2,7 %)

01:45:00 Dior, Prada, luxury ETF $CDI (-0,64 %)
$1913 (+1,17 %)
$AMUN (+0,33 %)

01:48:00 Rising social security contributions in 2025 #ampel#money

Spotify
$SPOT (+0,9 %)

https://open.spotify.com/episode/44odhfXKc9Do4d6OE6nY3M?si=aXivvFZdSWmn5rOiEk9ElQ

YouTube
$GOOGL (-5,23 %)
$GOOGL (-5,23 %)

https://youtu.be/HBb1kKaeh5A

Apple Podcast $AAPL (+0,52 %)
#podcast

https://podcasts.apple.com/us/podcast/folge-57-alibaba-lvmh-shell-vistra-exxon-hermes-diamondback/id1695869891?i=1000670846325

$700 (-0,14 %) monthly savings plan on Tencent with €50, 📈 because of the 1% saveback promotion from @traderepublic

Risikant, due to the political conflict with #russland and #taiwan but still broadly diversified for a single stock 😄

Tencent
$700 (-0,14 %) confirmed that it is negotiating with Apple
$AAPL (+0,52 %) about a revenue share for the WeChat-minigames.

NVIDIA ($NVDA (+1,51 %)) is reportedly developing a new AI chip, tentatively called "B20", specifically for the Chinese marketto comply with US export controls. This chip is part of the Blackwell series and is said to be compatible with current regulations. NVIDIA will work with Inspura major distributor in China, to launch and distribute the chip. The B20 chip is expected to compete against domestic products from companies such as Huawei and that of Tencent ($700 (-0,14 %)) backed Enflame compete.

China is off to a good start again :-)

Gaming Position Embracer $TH9A was doubled on Monday.

No further purchases are currently planned.

I am currently considering increasing my position in Tencent $700 (-0,14 %) to increase 🤔🤑

Hello everyone!

Since I admittedly don't have a good feel for individual stocks and I also trade too emotionally, I wanted to build up a pure ETF portfolio.

As I still want to trade "somewhat" actively, I have thought about using factor and sector ETFs.

So instead of like now $JNJ (+2,5 %) and $ABBV (+2,98 %) in the portfolio, I could also take a health ETF (IE00BM67HK77)

or a China ETF instead of $BABA (-0,73 %) and $700 (-0,14 %) (I don't have one in my portfolio).

What do you think of such a strategy if you want to have more calm in your portfolio? At the same time, the MSCi World is too one-sided in favor of the magnificant 7.

I will probably never beat the market, so this would be the better solution for me.

I look forward to constructive criticism from you.