Tencent 0700 03 (Aug 18 - Sep 21)

Re: Tencent 0700 03 (Aug 18 - Dec 19)

Postby winston » Mon Jun 10, 2019 11:12 am

vested

2 TENCENT Mobile Games' Revenue Leap 126% MoM to US$146M

TENCENT (00700.HK)'s mobile games "PUBG Mobile" and "Game for Peace" delivered 126% monthly upsurge of revenue in May, totaling US$146 million, excluding revenue from China's Android platform, according to the data of Sensor Tower.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Tencent 0700 03 (Aug 18 - Dec 19)

Postby winston » Tue Jun 11, 2019 4:10 pm

not vested

Chinese stocks to sell: Tencent (TCEHY)
% Off Highs: 33%
YTD Return: 3%

One of China’s largest digital advertisers is Tencent (OTCMKTS:TCEHY), and while TCEHY stock has favored better than its digital ad peers lately, the stock has not been immune to the digital ad slowdown.

Tencent is at the epicenter of China’s digital economy, operating the company’s largest social networks, streaming platforms, online gaming websites and payment apps, among other things.

Through its various services, Tencent employs various business models, and generates revenue from various sources. One of those sources is digital advertising. But, the digital ad business isn’t a huge component of Tencent. Last quarter, online ads accounted for less than 16% of total revenues.

A year ago, that digital ad business was growing at a 55% rate. Last quarter, it grew at just a 25% rate. That’s a big slowdown.

But, because the digital ad business is just one piece of the pie at Tencent, the company has been able to better weather that digital ad slowdown than its peers. Further, at 25% growth, Tencent’s digital ad business is still doing pretty well.

Overall, TCEHY stock looks like one of the best China ad stocks to buy on weakness. This company’s ad business is still growing at an impressive 20%-plus rate, and revenue diversity limits Tencent’s exposure to further weakness in the digital ad market.

Source: Investor Place
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Tencent 0700 03 (Aug 18 - Dec 19)

Postby winston » Thu Jun 13, 2019 6:58 am

not vested

Tencent to invest more in video operation

Tencent (0700) has a positive view of the prospects of its video business and will step up investment, said Ren Yuxin, the chief operating officer.

Ren said the online video industry is facing a slower growth rate, continuous losses, rising costs and changes in supply and demand, but he also pointed out that the opportunities include the combination of long and short videos, the users' increasing willingness to pay, and broader international market.

He added that Tencent video subscribers reached 89 million.

Source: The Standard

http://www.thestandard.com.hk/breaking- ... 0612&sid=2
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Tencent 0700 03 (Aug 18 - Dec 19)

Postby winston » Wed Jul 10, 2019 11:58 am

not vested

Tencent seeks bigger slice of pie

by Tereza Cai

Tencent's (0700) gross profit margins will be boosted if it wins a demand that its revenue sharing proportion from China's Android app store be increased from 50 to 70 percent, according to Citi, which set its target price at HK$448.

The tech giant is now using several hit games as a bargaining chip, according to reports.

Tencent accounted for 47 percent of China's mobile game market share in 2018, the largest one, according to iResearch Consulting.

Meanwhile, Tencent said it had awarded a total of 21.16 million shares to 18,845 people on July 8 under the 2013 scheme.

In addition, a total of 13.03 million shares have been awarded to 4,426 people under the scheme during the period from August 2018 to June 2019.

The total awarded shares amounted to HK$11.99 billion based on its closing price of HK$350.80 yesterday.

Source: The Standard

http://www.thestandard.com.hk/section-n ... 0710&sid=2
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Tencent 0700 03 (Aug 18 - Dec 19)

Postby winston » Thu Jul 18, 2019 1:34 pm

not vested

Huatai Financial: Tencent 2Q Revenue May Go Up Over 26%; TP at $438

Huatai Financial was confident that TENCENT (00700.HK) could maintain its leading position in games, entertainment and advertising.

Regarding long-term strategic growth plans, Tencent will be striving to transition into an industrial internet service provider.

Huatai thus retained Tencent at Buy with a target price of $438.

Tencent's 2019-20E earnings were raised by 9% and 4.3% to RMB98.3 billion and RMB116.5 billion.

Related News: C Suisse Raises TENCENT (00700.HK) TP to $469; Maintained Outperform

The broker also expected Tencent to post a 2Q19 total revenue of RMB93.4 billion, up 26.7% YoY or 9.2% QoQ.

Source: AAstocks.com
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Tencent 0700 03 (Aug 18 - Dec 19)

Postby winston » Wed Jul 24, 2019 10:15 am

not vested

<Research Report>G Sachs: TENCENT TP $418 on Expected 23% Growth in 2Q19 Mobile Gaming Revenue

Goldman Sachs maintained TENCENT (00700.HK) at Buy, projecting a mobile gaming revenue recovery by growing 23% YoY in 2Q19.

This is mainly attributable to edition number approval, multiple new game launches and ideal performance of Honour of Kings and PUBG Mobile.

However, the broker remained cautious on advertising demand and foresaw an expanding monetization scale among competitors, which continually exerts pricing pressure on Tencent.

The company's 2Q advertising revenue growth will likely reach 20% YoY, with media/ social advertising revenue up by 9%/ 25%.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Tencent 0700 03 (Aug 18 - Dec 19)

Postby winston » Wed Jul 24, 2019 10:15 am

not vested

<Research Report>G Sachs: TENCENT TP $418 on Expected 23% Growth in 2Q19 Mobile Gaming Revenue

Goldman Sachs maintained TENCENT (00700.HK) at Buy, projecting a mobile gaming revenue recovery by growing 23% YoY in 2Q19.

This is mainly attributable to edition number approval, multiple new game launches and ideal performance of Honour of Kings and PUBG Mobile.

However, the broker remained cautious on advertising demand and foresaw an expanding monetization scale among competitors, which continually exerts pricing pressure on Tencent.

The company's 2Q advertising revenue growth will likely reach 20% YoY, with media/ social advertising revenue up by 9%/ 25%.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Tencent 0700 03 (Aug 18 - Dec 19)

Postby winston » Wed Jul 24, 2019 10:15 am

not vested

<Research Report>G Sachs: TENCENT TP $418 on Expected 23% Growth in 2Q19 Mobile Gaming Revenue

Goldman Sachs maintained TENCENT (00700.HK) at Buy, projecting a mobile gaming revenue recovery by growing 23% YoY in 2Q19.

This is mainly attributable to edition number approval, multiple new game launches and ideal performance of Honour of Kings and PUBG Mobile.

However, the broker remained cautious on advertising demand and foresaw an expanding monetization scale among competitors, which continually exerts pricing pressure on Tencent.

The company's 2Q advertising revenue growth will likely reach 20% YoY, with media/ social advertising revenue up by 9%/ 25%.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Tencent 0700 03 (Aug 18 - Dec 19)

Postby winston » Mon Jul 29, 2019 2:11 pm

not vested

<Research Report>JPM Axes TENCENT (00700.HK) TP to $460; Rated Overweight

TENCENT (00700.HK) is going to unveil the 2Q results on 14 August, JP Morgan said in its report, which attributed the possible ongoing healthiness of the game fundamentals in 2Q and the remainder of the year to successful launches of games, including Peacekeeper Elite in 2Q, WePop and Dragon Raja in July.

The broker estimated the 2Q game revenue to grow 25% YoY and remained positive on the mobile game performance.

JP Morgan assumed the non-GAAP EPS of RMB2.5 in 2Q, 6% ahead of the street consensus.

The rating was Overweight with target price cut to $460 from $470.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Tencent 0700 03 (Aug 18 - Dec 19)

Postby winston » Wed Aug 07, 2019 2:46 pm

<Research Report>Citi Trims TENCENT (00700.HK) TP to $441; Rated Buy

Given macro headwinds, Citigroup estimated TENCENT (00700.HK)'s 2Q19 ad revenue growth to be dampened by ad budget cut and regulatory impact further.

Despite stronger new game launch momentum in 2Q, certain revenue may be recognized in later quarters under soft seasonality and longer deferred cycle of PUBG MOBILE.

However, the broker believed YoY growth and gross billing number will be indicative of the actual momentum of the gaming sector outlook.

TENCENT's target was cut from $448 to $441, with 2020E EPS lowered from $14.938 to $14.69. Overall, the giant was reiterated at Buy as a top pick.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

PreviousNext

Return to S to Z

Who is online

Users browsing this forum: No registered users and 7 guests

cron