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Stock impact report

Tencent Music Entertainment: A Good Target For Growth Stock [Seeking Alpha]

Tencent Music Entertainment Group American Depositary Shares, each representing two Class A Ordinary Shares (TME) 
Last tencent music entertainment group american depositary shares, each representing two class a ordinary shares earnings: 3/16 04:15 pm Check Earnings Report
Company Research Source: Seeking Alpha
Tencent Music Entertainment: A Good Target For Growth Stock - Tencent Music Entertainment Group (NYSE:TME) | Seeking Alpha Financial Advisors | Long Ideas Tech China Tencent Music Entertainment: A Good Target For Growth Stock Aug. 15, 2019 7:47 AM ET About: Tencent Music Entertainment Group (TME) Includes: MOMO NTES SPOT YY by: Aiden Wang Long/short equity, research analyst, foreign companies Summary Tencent Music Entertainment Group delivers strong growth results both in paying users as well as revenues. Our projection implies a bottom line growth rate of 20% for total revenue over the next 4 quarters. Despite the potential challenges in the market, we find TME a good target as a growth stock. Investment Thesis Tencent Music Entertainment Group (NYSE: Q2 Earnings Show Continuous Growth TME released its Q2 earnings results on Aug 12th. The results show continuous growth in both business scale and revenues: Although the growth rate has been slowing down, TME was still able to achie Show less Read more
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