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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 57161400on Mar 25, 2004 12:30pm
133 Views
Post# 7265068

RE: Multiple

RE: MultipleI don't. I would expect that there would have been much more volume if it were insiders buying the shares. I can't see those people being that interested in buying a few hundred or perhaps a few thousand at a time. To me it is very obvious insiders are not interested in buying more at this price. There were a few days when there was a significant amount being offered that were not taken. Hzave not checked the depth today but I suspect for 55 cents you could increase your position strongly. If insiders were sitiing on anything significant shares that are being offered at clsoe to a one year low would be GOBBLED up. Have seen it many many times. The trruth is they still are not certain what they have. Unless it is a minable resource they have nothing. We are slowly moving towards that but have a ways to go. I still hold a small position but will not being buying more at this time. Too many games being played with the price. Why the games is anyones guess.
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