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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 Kegson Jul 05, 2015 11:10am
95 Views
Post# 23892742

No vote

No voteIt's been a while since I've posted but I've tried to keep up with everyone here. The idea of an amalgamation of companies with cash and/or assets is great in concept, but this is a bad deal for TME shareholders. I will vote no with my 500K shares because the proportion of the new company I would receive is simply too small. This is not even close to an equal trade for my shares value. I agree with what tom and moneyhungry said in theory, but could only accept a better exchange for shares. I'm with u2bob on the no vote. I've been invested in TME for 6 years and have averaged down as much as I could afford (avg price = 0.24). Exchanging shares at 0.78 is disgraceful to our assets in the ground. The late Lorne McCarthy would role in his grave to hear this proposal. Shame on Ian and other management for not getting us a better deal and for leading us on with the Goldcorp milling deal. If this goes through, the starter pit can proceed very quickly and everyone else gets the lions share of our profits. Thanks, but no thanks. Kegs
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