TENCENT- Chinese High Risk GAMING Metaverse Stock Analysus for Investing 2022 and Beyond

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Companies / China Stocks Dec 31, 2021 – 07:17 PM GMT

By: Nadeem_Walayat

Tencent, China’s gaming giant’s stock price has collapsed under the weight of the communist dictatorships enthusiasm to control the minds of China’s masses. They don’t want workers to ‘waste’ time playing video games when they can be busy building skyscrapers even ‘ghost’ cities that few will ever live in that are already fast crumbling into dust. Still Tencent gives on exposure to potentially hundreds of millions of chinese gamers who are even more eager to seek escape from a totalitarian state into the virtual freedom of virtual worlds.

The financials for Tencent are neither great nor bad, as the corporations’ earnings are suffering in response to CCP mafia style interference, demanding their VIG or the corporation will be put up against a wall and SHOT as some have been. Despite this the long-term trend trajectory of the corporations financials appear good i.e. extract short-term noise and look at the big picture and we are are going to see a doubling in revenues and profits over the next 3-4 years which should resolve in at least a doubling in the stock price. The current PE of 20 is the lowest the stocks traded at for at least 5 years so the stock is cheap.

Tencent is one of my 3 chinese high risk tech stocks. where it’s long standing buying level since I first introduced this stock back in Mid July is $57 (AI Predicts AI Tech Stock Price Valuations into 2024, Time to Buy Chinese Tech Stocks?), which is where I personally bought the stock many months ago. and as you can see from the price chart as far as buying levels go, $57 has proven to be a remarkably useful indicatory price to accumulate at for the long-run. The stock price has literally attempted to form a base at around the $57 level by trading in a range of between $56 and $66.

Personally, I am already exposed to Tencent and see no reason for me to to add more right now, maybe if it fell to it’s 2nd buying level of $47 I would consider adding more.

The bottom line is that in a universe of expensive stocks, this one is fairly priced, yes that is because of the CCP risk so not to go over board with but the stock should do fine in the long-run where the metaverse is just another revenue stream for Tencent to capitalise upon. So I am not in the slightest bit worried of what happens over the coming weeks or months i.e. if it fell below it’s current trading range to the next level of $47 would just mean the stocks become cheaper still.

Next 4 NEW SCREENED Metaverse Stocks that I will be adding to my High Risks Stocks portfolio at the next update in late December.

REMEMBER HIGH RISK STOCKS ARE –

1. VOLATILE, expect price swings of 30%+ as the norm.

2. FOR THE LONG RUN – At least 5 years! So no crying if they fall by 1/3rd a few weeks after buying for that is the nature of the beast!

This article is an excerpt from my recent extensive analysis covers how to invest in the metaverse – Best Stocks To Profit From the $1+ Trillion Emerging Metaverse Mega-trend

Contents:
VR and Gaming Becomes the Metaverse
A Video Message from Your Metaverse Analyst
PRIMARY META-VERSE STOCKS
QUANTUM AI METAVERSE STOCKS
METAVERSE STOCKS UNIVERSE
Google Glass a Big Fat FAIL
META (Facebook) Dominating VR
APPLE AR Headset Coming 2022
ROBLOX – High Risk
TENCENT- Chinese High Risk GAMING
XXXXXX – CAD – $254 RISK – 3 OUT OF 10
XXXXXX – RISK 3 OUT OF 10.
XXXXXX NEW LIFE FOR AGEING GAMING GIANT? RISK 2 OUT OF 10
XXXXXX – DIGITIZING THE REAL WORLD – RISK 8 OUT OF 10
INTEL Black Friday Sale!
IBM The REAL Quantum Metaverse STOCK!
NVIDIA THE KING OF THE METAVERSE!
XXXXX
AI Stocks Portfolio Current State
AI Stocks – What’s Cheap
AI Stocks – What’s far value
AI Stocks – What’s expensive?
Stock Market Trend Forecast Current State
Current State of Cathy Wood ARKK Garbage
RIVIAN IPO Illustrates We are in the Mother of all Stock Bubbles
DECENTRALAND
SANDBOX
How to Get Rich in the MetaVerse
Bitcoin Trend Analysis
Crypto Current Portfolio
Covid19 Winter Storm Fuel for Financial Crisis 2.0
OMICRON – The ‘Oh Dear’ Worst Ever Covid Strain?
Consequences for the Stock Markets?
Financial Crisis 2.0 Current State – TAPERING
Financial Crisis 2.0 Stock Market Bubble Investing Strategy
Why You Should Not Fear a 50% Draw down in Your Stocks Portfolio
What’s driving asset price inflation?
Inflation Forecasting a Recession In 2022
UK Inflation Hits 30 year High of 6%
UK Energy Customers Falling into Energy Firms Fixed Rate Tariffs Trap
Fin tech Stock – NEW STOCK

The whole of which was first been made available to Patrons who support my work. So for immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $4 per month. https://www.patreon.com/Nadeem_Walayat.

And access to my recent analysis that acts as an early warning of the increasing risks of market panic event!

STOCK MARKET CRASH / BEAR INDICATOR TRIGGERED – 103.4% vs 100% = Switched ON!

What is the CI18?
CI18 Trigger Feb 2020
Existing Stock Market Trend Forecast
Stock Market VIX
Stock Market December Trend
OMICRON THE STRAW THAT BROKE THE CAMELS BACK!
MUTED SANTA RALLY
The Alibaba Stock Market
ARKK Garbage
Stocks Bear Market of 2022 May Have Started EARLY!
Facebook $301 Buying level achieved.
Recession 2022
Quantum AI Tech Stocks Portfolio
Crypto FLASH CRASH Early Christmas Present

Also access to my extensive analysis on the state of the AI tech stocks that highlighted several stocks trading at bargain basement levels – AI Tech Stocks Portfolio Updated Buying Levels and Zones as Financial Crisis 2.0 Continues Brewing

Contents:
Financial Crisis 2.0 Checklist
The China Syndrome
Stock Market Begins it’s Year End Seasonal Santa Rally
Stock Market Trend Forecast Current State
INVESTING LESSON – BUYING VALUE
Peloton 35% CRASH a Lesson of What Happens When One Over Pays for a Loss Making Growth Stock
INVESTING LESSON – Give your Portfolio Some Breathing Space
INVESTING LESSON – Give your Portfolio Some Breathing Space
How Stagflation Effects Stocks
INTEL Bargain – 15.5% Discount Sale
Why Intel stock price dropped 15%?
FACEBOOK – 10% DIscount
IBM – 20% Discount
Amazon – 5% Discount
APPLE 4% Discount
AMD $136 on Route to $200
TSMC – $117
Microsoft $336
Google $2980, PE 28.7, EC 30.
Nvidia Leaves planet Earth – $299, PE of 106
Heads Up on NEW Potential Tech Stocks
AI Stocks Portfolio Updated Buying Levels
AI Stocks Buying Plan B
FREE TRADE the Perfect Stocks and Shares ISA?
FREE SHARE FROM FREETRADE
High Risk Stocks Brief
Crypto’s 20% Discount Event
Bitcoin Trend
Palladium Brief

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Bitcoin NEW All time High is TRIGGER for Future Alt Coins Price Explosion

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So for immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $4 per. https://www.patreon.com/Nadeem_Walayat.

My analysis schedule includes:

  • High RIsks Stocks Portfolio Quarterly Review
  • UK House Prices Trend Analysis, including an update for the US and a quick look at Canada and China – 65% done
  • How to Get Rich! – 90% done – This is a good 6 month work in progress nearing completion.

  • US Dollar and British Pound analysis
  • Gold Price Trend Analysis – 10%

Again for immediate access to all my work do consider becoming a Patron by supporting my work for just $4 per month. https://www.patreon.com/Nadeem_Walayat.

And ensure you are subscribed to my ALWAYS FREE newsletter for my next in-depth analysis.

Your metaverse invested analyst.

Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2021 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 35 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem’s forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook’s in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

© 2005-2019 http://www.MarketOracle.co.uk – The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.