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Tencent Holdings Limited (TCTZF)
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They own Riot Games i.e League of Legends. The intellectual property in that company is astronomical.
Actually proud of China. They hold company's to a higher standard and there's accountability measures. U.S should take notes with empty promises in consumer safety.
TCEHY beat earnings easy, even with government regulations. Year after year growth. TCEHY seems to have began developing the Meta Verse technology. China becoming a huge influence on the world and would be surprised if TCEHY begins huge opportunity outside of China too. Last TCEHY market cap is just about even to its revenue. Considering that so many company’s like Tesla, Apple, Microsoft, and many others are trading around 30 times more than they make as Revenue I would feel pretty safe to assume TCEHY should easily be worth nowhere less than $300 per share... and possibly even more $500++. What do you all think if my thoughts??
Investing is the wisest thing to do, especially with the current fall, when you allow a good trader to handle your investment, all you see is win and win 😊😊
VERY impressive results. Given ALL the regulatory + Gaming restrictions they were able to maintain current profit/revenues (slight growth). We'll see more growth but may hiccup for a few more quarters. Nice to see their businesses is still a profit machine!
Buy after the midterms next year. Republicans and sleepy Joe won't get along, which will hurt China. I'm bearish on Tencent for 12-16 months.
Such bs narratives still double digit growth and great profit.
Julius Caesar - Renaissance
3Q 2021 (year on year): Total revenue +13% /Non ifrs operating profit +7% / Net profit shareholders -2% / Diluted EPS -1%
Growth slowed down in this quarter, but I expect growth to remain strong in comming years. Tencent's multiple and earnings are likely to expand in comming years. Tencent is one of the if not the best investment vehicles on the market.
Also look at Prosus if you want to own Tencent with a discount.
might pick up some shares on monday. regardless of the sentiment towards china, they are a growing economy with alot more potential over most western countries.
Do you know that Tencent has 6% of Tesla stock?
Tencent was an early investor in Nubank going IPO next month with a huge valuation higher than their investment. This is a great valuable company to hold.
Great results amid crackdown ..hope Xi lays off in his pursue of power
Not explainable, the same für baba and baidu.
All three MASSIVLY undervalued stocks, doubler at minimum form fundamental point of view.
I have owned a bunch of TCEHY for many years now, but what I have come to learn is that Chinese stocks trading in China are not permitted to grow to their true potential. Far too much control and manipulation by the CCP and very little confidence by those trading from other nations. Price action will continue to be very limited until the CCP takes its hands off the necks of Chinese companies. Just sad and frustrating when it comes to such a great company such as Tencent.
Buy before results :)
Bitcoin is the future! Many people are seeking for stability in this unstable crypto space and A lot of people are wondering if now is a good time to buy because of where the price is at right now . I'd say it's outrightly wrong to just sit back hold and wait maybe incur some losses along the line , that's a wrong mindset for an investor because as an investor finding ways to always increase and stack up more coins thereby making proflts should be the way of life that being said , the market is still all about BTC at the moment and I'll advise current investors and newbies to take advantage of the Mr Morin program , an establishment that handles people who lack understanding on how maneuver the crypto space , to help them recover loss from the crash and also accumulate more positive returns.
Love move into chips ...hold and you will thank ne in a few years
Chinese government is the root cause of problem
. Most of Chinese Stocks have dropped 50% or more.
Going to $65 then $70!!!!
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