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Tencent Music Entertainment Group (TME)

NYSE - NYSE Delayed price. Currency in USD
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3.9800-0.0900 (-2.21%)
At close: 04:00PM EDT
3.9100 -0.07 (-1.76%)
After hours: 07:58PM EDT
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  • A
    Alon
    TME Should get where it belongs very soon now, based of $500M net profit a year + $4B cash in hand. That magnitude worth 30-40$ a share company (or more!). It's not logical that TME will keep being traded in current low levels.

    Therefore, If someone is shorting such a solid and successful company that currently traded for a worth that equal to a small pharma with no cash or profit and don't close his position right away, risk himself in a financial suicide.

    The upside of TME is huge, based of net profit and cash (not based of forecasts, but of proven numbers).

    That's what it is!
  • C
    Chris
    Pursuant to the 2021 Share Repurchase Program announced on March 28, 2021, as of May 13, 2022, we have repurchased approximately 73.3 million ADSs from the open market with cash for a total consideration of approximately US$674 million.

    *Just buy another billion shares to boost the eps. I don't mind waiting.* Pls announce it next qtr.
  • A
    Alon
    In a matter to show you the manipulation (the upside potential of TME), I will give you an example.

    Twitter 2021 net LOSS is: $221M.

    Tencent Music 2021 net profit: $600M.

    This year (2022) it doesn't seems to be much different. TME Is a rich company, solid, successful, profitable.

    The only 'tiny' issue is that TME traded now for 4$ and not between 20$ to 70$. Too manipulated. Too huge of an upside. I'm not moving anywhere till the share price would reflect the magnitude of this company. Glta.
  • C
    Chris
    I hope they start paying us dividends. Already been around for 4 years since listed. I can wait after the buyback completed. Come on tme!
  • A
    Alon
    "TME is currently sporting an improving earnings outlook, which makes it stick out in our Zacks Rank model. And, based on the above valuation metrics, we feel that TME is likely the superior value option right now." (Zacks equity report, 5/19/22)
  • A
    Alon
    Revenue, ebitda, profit, cash in hand = 30$ a share worth of company!! current stock price(as an average medicore small pharma), has 0 correlation to the data. therefore I would expect share price to accommodate asap, as current share price is an insult to Tencent Music management and to it shareholders.
  • A
    Alon
    The issue is that anything and everything already embodied in this cheap stock price. TME make net profit of $600M yearly(110M last quarter) and have $4B cash in hand. anyway it shouldn't be traded under 20$. 10$ is already funny. 4$? like unprofitable small pharma with no cash? excuse me, but it's a farce. a farce:)
  • M
    Michael
    What can we expect of the earnings after the closing bell ?
  • M
    Michael
    A lot of volume today !!
  • A
    Alon
    Wow! I just red the quarterly report. It amazes me, that a leading company that make so much money... revenue/profit/cash in hand, traded for less than 20$ a share. It's a lunacy to short an amazingly successful company that traded like a non-profitable small pharma, or like a startup with no cash and a blurry future. It should be back soon to 30$ area, for what it worth... revenue/ebitda/net profit/cash in hand - more than B4$(Dollar, not RMB)!! It should be traded for 30$! Opportunity of a lifetime in those prices.
  • M
    Michael
    Any predictions on when we hit $10?
  • A
    Andrea
    They just featured TME on this sites morning watchlist. (http://market-engross.club)
  • A
    Alon
    TME ANALYST PRICE TARGET CONSENSUS
    $9.20,
    124.94% Upside.

    Well, it worth much much more than that. But as a first dish it should get to 10$.

    I believe we will start to see a significant uptrend in stock price very soon.
  • I
    Irene
    Wow! I just found a site that gives the top stocks to trade every single day for free! (http://traderspot.club)
  • K
    Keith
    No surprised that it missed. Good news is the forward looking numbers and paid memberships
  • V
    Vincent
    J.P. Morgan Says Buy Tencent and Alibaba. Why They’re Now Positive on Chinese Tech Stocks.
  • K
    Keith
    Didn't think we would be back in the 3's after yesterdays results. Still expecting maybe a later change in the afternoon. Market is way up, Tencent killed it last night in China. Not sure why the poo poo on this stock today. This was over 4.40 this morning and now under 4
  • Z
    Zack
    $LI conversation
    20th National Congress of China will be held in November 2022.
    MSCI China is on average up 31% 12 months leading to the National Congress. Why ?
    The Chinese government usually would stimulate the economy to show good statistics before the Congress meetings.

    US market's meltdown should have little to no correlation with the Chinese internet sector anymore.
    $JD $HUYA $BABA $BILI $TME $YSG $LI $NIO $QQQ $KWEB $TUYA $PDD $XNET $XPENG $NIO $YMM $WB $ZH
  • K
    Kim
    I’m down 70% and don’t think I’ll recover. I’m selling and leaving.
  • b
    bonton
    I am so tired of TME doing nothing all day. Can you move??? I have been reading (http://Achieverspot.tech) for a month now and the stocks there actually go!