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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

Comment by YoungInvestor89on Jan 15, 2014 11:14pm
172 Views
Post# 22097092

RE:RE:RE:RE:incredible volume

RE:RE:RE:RE:incredible volumeSomeone make me aware of what universe a 1c drop is "annihilating" the share price? You guys do realize that this is tree shaking right? I'm assuming anyone here suggesting they get pounded down and THEN taken out is oblivious to how valuation metrics work... This thing is sitting on a nice firm bottom. People came in today to support the bid at 8c and it was obvious. Look at the volume, and look at a 1 year chart. Volume is always a good sign - it shows life - and we had people actively scooping up cheapies the past few days.

Get your heads out of the sand and appreciate the fact that big pockets are watching this. Its a nice problem to have.
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