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...
534 Views
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...
824 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...
615 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...
185 Views
Last Week in GER IPO Research: Leong Hup, China Tobacco, Futu and Weimob
We slide into 2019 with GER's recap of our latest IPO research. This week, we talk chicken as Arun initiates on the IPO Malaysian poultry producer...
630 Views