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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 Apr 13, 2004 10:32am
56 Views
Post# 7347469

RE: TME techincally heading into the $1 range

RE: TME techincally heading into the $1 rangewithout further news I see a retrace coming. Started yesterday. IMO we will see the 60 cent mark again soon. Then more news will be released and the dolar mark will be hit. Three bucks in twelve monthes is not a bad estimate. All depends on the gold calculation. I agre with where you state we are going. I just see a few bumps along the way. Given the past twelve monthes of trading we are sure to see some retraces. As I have said this stock is still very fragile. More secure base needs to be established. The good thing is smart money will be loading up on every opportunity. Made money on this stock before playing the swings and will so again.
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