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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 57161400on Feb 03, 2004 3:51pm
54 Views
Post# 6995735

like I said

like I saidwe are going to head in one direction or the other very soon. By the looks of today so far it is obvious we are heading down. How far is the question. Personally I think we could go in the low 20's. I will be buying if that happens. A recovery to taodays price would be a easy double given that scenario. With increased volume today coupled with the drop in the ask we are in trouble. I think even the eternal optimist Research is likely getting concerned. The only real problem I see with this play is the Mgmt. I called them and really did not like the tone. Very defensive and not willing to answer questions. Time for all holders to put pressure on them. IMO if we hit the 40 cent mark low 20's is certain. Will trigger a big sell off. May have already started.
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