PamelaOng
09-30 07:20
$TME 20261120 7.0 PUT$ Tencent Music (TME) — Is It a Buy Now?

Conclusion: the stock is priced as a deep-value / low-growth asset, not a growth story. At USD 7.96 the market is paying roughly 9.4x trailing earnings and about 1.1x book for a business that is still growing revenue but whose profit growth has stalled — and the price is sitting essentially at the bottom of its 52-week range. The valuation gives a genuine margin of safety, but the same data show why the market is unwilling to pay more: growth is decelerating sharply and sentiment is poor. Whether that is "good" depends on whether you are buying for cash-flow/valuation or for growth.
TME PUT
09-29 23:21
US20261120 7.0
SidePrice | FilledRealized P&L
Sell
Open
0.15
10Lot(s)
-26.66%
Holding
Tencent Music
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Comments

  • WernerBilly
    09-30 08:02
    WernerBilly
    At this price it really trades more like a cash flow stub than a growth name. That short put only works if you are fine owning dead money for a while
  • Deposit
    09-30 09:53
    Deposit
    👍
  • Zasper
    09-30 09:00
    Zasper
    okay
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