Tencent Music Entertainment Group Price Target Updated

2023-03-22

The power for creating a better future is contained in the present moment: you create a good future by creating a good present. The key to financial freedom and great wealth is a person's ability to Convert earned income into passive income.

This is Tencent Music net profit (profit after all expenses), Q3 2023 =$154M.

This is huge profit, that many times companies traded for 70-80$ a share not getting close to it.

Even if Tencent Music was generating only$40M net profit per Qtr, only 8$ a share wouldn't represent that, let alone around$150M quarterly.

Never mind what, TME current share value is amazingly low, in a relation to it real value.
Another good ER, I believe, should take share price parabolic.$Tencent Music(TME)$

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Comments

aiyoh79
2023-03-22
aiyoh79
Thanks for the sharing
Lilian022023
2023-03-23
Lilian022023
thanks for sharing
PandaTrader
2023-03-23
PandaTrader
K
Vic_yk
2023-03-23
Vic_yk
👍🏻
WR38
2023-03-23
WR38
okie
Alexsj2021
2023-03-23
Alexsj2021
Pin

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