Vomous
2022-07-06

$TENCENT(00700)$the faster napier sells thebetter. The shareholder doesnt add value to tencent. Just look at their own company status And investments so far. i can say most are poor.

Tencent remains their lifeline And instead of selling their other Non profitable assets, they went to sell theirgolden goose. Poor strategy. 

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Comments

  • Danielng
    2022-07-06
    Danielng
    Prosus selling is great news, when Tencent is actively buying back shares at depressed prices. Shareholders get bigger piece of pie
    • Vomous
      Well said. It means tencent can buyback at cheaper price
  • CatherineGunter
    2022-07-06
    CatherineGunter
    Opportunity to collect Chinese ADRs before the next run up. Follow the trend! The trend is your friend. 💪💪
  • LeilaLynch
    2022-07-06
    LeilaLynch
    The multiple that might cause the pressure is the P/S multiple compared to other Chinese tech plus Prosus selling over time. Tencent is trading still at historically relatively cheap multiple.
  • ChristKitto
    2022-07-06
    ChristKitto
    Enjoy the ride for those who have dollar-cost average, accumulated and held Chinese ADRs. More happy returns to come!
  • BellaFaraday
    2022-07-07
    BellaFaraday
    Thanks for your good post.
  • BellaFaraday
    2022-07-07
    BellaFaraday
    Thanks for your good post.
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