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Tencent Music Entertainment Group V.TME


Primary Symbol: TME

Tencent Music Entertainment Group is a holding company mainly engaged in the provision and operation of online music entertainment platform. The Company is mainly engaged in the provision of online music services, social entertainment services and other services. The Company operates four major product brands, QQ Music, Kugou Music, Kuwo Music and WeSing, through which the Company provides online music and social entertainment services to address the music entertainment needs of audience in China. The Company also offers Lazy Audio, the dedicated long-form audio app as a complement to the flagship music-centric product portfolio. The Company is also engaged in the sales of music-related merchandise, the provision of services to smart device and car manufacturers and ticketing services for online music events. The Company mainly conducts its businesses in domestic and overseas markets.


NYSE:TME - Post by User

Post by andre20on Feb 23, 2013 9:30am
226 Views
Post# 21032541

tme SP drop

tme SP drop

POG and tme chart looks very similar, but the ratio is to me a bit exessive...gold drop about 7% last 30 days but tme SP drop at about 34%. I realise that you will not get one to one ratio as gold at 800$  would take TME valuation to a very low level, but last month trading is leaving me a bit uneasy, as many days when the PS went down it was usualy from a sizeable trade that you could see as a insider sell on TMX site

https://www.tmxmoney.com/TMX/HttpController?GetPage=InsiderTradeMarker&Market=V&Language=en

I don't like to use this site for referance as you can't seem to go back and check history(I could not anyway) and most of the times, these transactions never make it to sedar? I just feel that there is some manipulations, for what end? I don't know...

Please don't get me wrong, I have bee a long on this and have faith in this game...I just hope that the big fish are not looking at swallowing us little frys for cheap.

 

GLTA,

andre

 

 

                                                                 last 30 days

 

 

                                                        6 month chart

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