TencentLong
TENCENT 0700 (Bouncing off Upward support line)
Owner of Wechat (Biggest social media app in china -> 1.1BILLION Monthly active users), Biggest Game publisher, King of VCs (with stakes in 600+ fast-growing companies)
Fundamental valuation
Fair Price Fwd P/FCF of 25 w/ 25% FCF growth per share = 25 X (20HKD FCF per share) + 28.33 HKD cash per share = 528.33 HKD
Entry Price with Margin of Safety of 10% = 475 HKD
Entry Price with Margin of Safety of 20% = 422 HKD
[bTechnicals
Likely to bounce off the strong upward support in the near term, might present as a good swing trade. However, prefer to invest at under 500HKD for the long-term play on strong china macro tailwinds.
Fundamental valuation
Fair Price Fwd P/FCF of 25 w/ 25% FCF growth per share = 25 X (20HKD FCF per share) + 28.33 HKD cash per share = 528.33 HKD
Entry Price with Margin of Safety of 10% = 475 HKD
Entry Price with Margin of Safety of 20% = 422 HKD
[bTechnicals
Likely to bounce off the strong upward support in the near term, might present as a good swing trade. However, prefer to invest at under 500HKD for the long-term play on strong china macro tailwinds.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.