$Hello Group Inc(MOMO)$Due to

2022-03-24

$Hello Group Inc(MOMO)$Due to the fact that the Group's fair market value as indicated by its market capitalization was significantly below its net book value of equity, the Group determined that a triggering event had occurred for impairment. The Group conducted a detailed impairment analysis and recorded RMB4,397.0 million (US$690.0 million) as impairment loss- what nonsense is this?

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Comments

GregoryRichardson
2022-03-24
GregoryRichardson
To be honest, momo's main business is not great. I mean, you get the sense that there's not a lot of potential
- a9032:
  I don't agree with you, you know momo still has a large number of users, that's its value
- henshengqiReplya9032:
  Yes, I think the company still has a lot of potential as long as it doesn't lose users
Coconutlee88
2022-03-26
Coconutlee88
Growth has reached its peak but again, its a tech firm that will shape anytime, cash rich, steady income, thou dropping but still profitableg that cash exceeds the cap which trigger the impairment ?
Coconutlee88
2022-03-26
Coconutlee88
To buy not? No idea as ADR has more macro impact now and they just fall in political risk, fundamental is dead now
dong123
2022-03-24
dong123
Brother, do you think Momo is worth investing in right now, or at what price should we buy it?
William85
2022-03-24
William85
It looks like MOMO has some tough issues that could affect its stock price
MR_Wu
2022-03-24
MR_Wu
How much does it cost you to hold a MOMO?

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The Group conducted a detailed impairment analysis and recorded RMB4,397.0 million (US$690.0 million) as impairment loss- what nonsense is this?","highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9037259871","repostId":0,"isVote":1,"tweetType":1,"viewCount":617,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["MOMO"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":331,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":100941133,"gmtCreate":1648128447335,"gmtModify":1663245647535,"authorId":9000000000000201,"author":{"id":9000000000000201,"authorId":9000000000000201,"name":"GregoryRichardson","avatar":"https://static.tigerbbs.com/b91d0cbb63ed0ffe6dc3dc19168205d1","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9037259871,"type":1,"supId":0,"prevId":0,"content":"To be honest, momo's main business is not great. I mean, you get the sense that there's not a lot of potential","text":"To be honest, momo's main business is not great. I mean, you get the sense that there's not a lot of potential","html":"To be honest, momo's main business is not great. I mean, you get the sense that there's not a lot of potential","likeSize":0,"commentSize":2,"subComments":[{"id":100941148,"gmtCreate":1648128517926,"gmtModify":1663245647029,"authorId":3479274721693455,"author":{"id":3479274721693455,"authorId":3479274721693455,"name":"a9032","avatar":"https://static.tigerbbs.com/bc5f5ca0ce0ec8f9edef2c3d0500cef9","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9037259871,"type":1,"supId":100941133,"prevId":0,"content":"I don't agree with you, you know momo still has a large number of users, that's its value","text":"I don't agree with you, you know momo still has a large number of users, that's its value","html":"I don't agree with you, you know momo still has a large number of users, that's its value"},{"id":100941166,"gmtCreate":1648128607072,"gmtModify":1663245646337,"authorId":3479274699331326,"author":{"id":3479274699331326,"authorId":3479274699331326,"name":"henshengqi","avatar":"https://static.tigerbbs.com/d5e494a36ad24a3771c97463c476f0ce","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3479274721693455,"repliedAuthor":{"id":3479274721693455,"authorId":3479274721693455,"name":"a9032","avatar":"https://static.tigerbbs.com/bc5f5ca0ce0ec8f9edef2c3d0500cef9","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":9037259871,"type":1,"supId":100941133,"prevId":100941148,"content":"Yes, I think the company still has a lot of potential as long as it doesn't lose users","text":"Yes, I think the company still has a lot of potential as long as it doesn't lose users","html":"Yes, I think the company still has a lot of potential as long as it doesn't lose users"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":100958521,"gmtCreate":1648253579616,"gmtModify":1663245730932,"authorId":3563353171417443,"author":{"id":3563353171417443,"authorId":3563353171417443,"name":"Coconutlee88","avatar":"https://static.tigerbbs.com/e2df1066dc32b92b308e037aa198cc74","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9037259871,"type":1,"supId":0,"prevId":0,"content":"Growth has reached its peak but again, its a tech firm that will shape anytime, cash rich, steady income, thou dropping but still profitableg that cash exceeds the cap which trigger the impairment ?","text":"Growth has reached its peak but again, its a tech firm that will shape anytime, cash rich, steady income, thou dropping but still profitableg that cash exceeds the cap which trigger the impairment ?","html":"Growth has reached its peak but again, its a tech firm that will shape anytime, cash rich, steady income, thou dropping but still profitableg that cash exceeds the cap which trigger the impairment ?","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":100958550,"gmtCreate":1648253651182,"gmtModify":1663245731843,"authorId":3563353171417443,"author":{"id":3563353171417443,"authorId":3563353171417443,"name":"Coconutlee88","avatar":"https://static.tigerbbs.com/e2df1066dc32b92b308e037aa198cc74","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9037259871,"type":1,"supId":0,"prevId":0,"content":"To buy not? 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