Tencent Music 1Q19 Results Quick Take and the Looming US$4.85bn Lock-Up Overhang
Tencent Music Entertainment (TME US) reported its 1Q19 results post US market closing. The reason I have been tracking the 1Q19 and the 4Q18...
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Tencent Music: A Case of Failing to Live up to Hyped Expectations
One word to describe Tencent Music Entertainment's (TME US) first conference call post IPO is uninspiring. Management does not provide concrete...
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Tencent Music (TME): Problems Come from Corporate Clients and In-House Contents, 35% Downside
Stripping music subscription revenues, we find TME’s revenues from corporate clients are not stable. We believe in-house products will negatively...
816 Views
Tencent Music 4Q18 Quick Note - Growth on Track, Margins Could Drag - Stock Price Needs a Breather
Tencent Music Entertainment (TME US) reported its full year results today, post US market close. Revenue growth was slightly ahead of estimates as...
600 Views
QTT Q4 Misses Revealing a Moat-Less Business; Lockup Expiration to Catalyze Selloff
The key operating matrix of Qutoutiao Inc (QTT US) deteriorated alarmingly in Q4, even with the help of Midu, a mobile literature reading app...
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