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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 pmath11on Jan 30, 2014 4:01pm
162 Views
Post# 22155053

RE:RE:RE:RE:RE:Perspective

RE:RE:RE:RE:RE:Perspective

Yeah Curv, you are right... the structure of the settlment would be completely different from the Osisko takeover. Given Derrick's track record he can bring in the bacon with deals like Andina.. If you can remember, Andina was in a similar situation to TME in that it had cash flow concerns coming to fruition in the year prior to the takeover.. Not that TME is there yet, however we are bleeding chips. Andina was looking to issue more shares and dilute our positions. That was a year and a half ago before gold took a dive, so if anything the pickings are ripe for us because we are in the bargain bin.

That being said, clearly the lack of dialogue between GC and OSK is indicative of either tension or the realization that GC's eyes are bigger than their bellies at the moment. GC does have deep pockets but have tried to undercut the OSK shareholders numerous times over the past five years. What's that all about?? If they are looking to expand their foothold in Ontario/Quebec, perhaps the sure bet would be to start at the bottom with proven, consistent CHEAP bottomfeeders like TME... It could happen overnight for them if they want.

Regarding the numbers in my last statement, I was referring to the latest update on Jan 15th, not including the sattelite pits etc... A big jump in total oz and grade should they be included. No complaints here!

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