Not adding more to Meituan , wait and seeThis is what I see on the chart so while I likes its growth story, I prefer to wait and see if Market would give me another opportunity to buy it cheaper. Not chasing the high price ......
171.79 B THB
1.62 T THB
5.27 B
About MEITUAN
Sector
Industry
CEO
Xing Wang
Website
Headquarters
Beijing
Founded
2010
ISIN
TH8483122207
FIGI
BBG01TMLYQ09
Meituan is an investment holding company, which engages in the provision of a platform that uses technology to connect consumers and merchants. It operates through the following segments: Food Delivery, In-store, Hotel, and Travel, and New Initiatives and Others. The Food Delivery segment provides food ordering and delivery services. The In-store, Hotel, and Travel segment offers merchants the ability to sell vouchers, coupons, tickets, and reservations on the firm's platform. The New Initiatives and Others segment includes revenue derived from cloud-based enterprise resource planning systems, integrated payment services, supply chain solutions to merchants, small and medium-sized merchants financing services, local transportation services, and other products and services. The company was founded by Xing Wang, Hui Wen Wang, and Rong Jun Mu in March 2010 and is headquartered in Beijing, China.
Accumulating more of this company, MeituanAlready the market leader in food delivery in China, this amazing company is set to grow further. Inflationary or deflationary environment, people still have to eat and at today's 10-20 set meal being pushed out , the consumer's review on its platform become a first seek out approach to eating out/i
This time is different?Technical:
It has hold the major 200 ma on daily timeframe with ma30, 50 support
The $120 resistance (tested for 11 weeks) from ma 100 weekly timeframe will likely to become support since the daily timeframe holds and form a short base throughout Aug.
Currently at the low point of trend continuati
Meituan Uptrend Line Price Rejection At 104.8 HKD 06.06.2024- Uptrendline price rejection observed at 104.8 HKD on Meituan's 4-hour chart.
- If rejection holds, potential uptrend to 129.2 HKD.
- Break above 129.2 HKD suggests further upside to 147.8 HKD.
- Conversely, if rejection holds, potential downtrend to 95.00 HKD.
- Break below 95.00 HKD may indic
What will the future of JOBS be really, really like ??Read this IPO news here
This article here is nothing new as we are witnessing a change of the job market landscape exacerbated or accelerated by the Covid-19 pandemic. See article here
How big is the food delivery market globally? See here
In Singapore recently, someone claimed they co
Meituan: Turning Point ⤴️Meituan's price is still trading at the lower end of the magenta Target Zone between HK$96.90 and HK$64. Our primary assumption remains that the stock is already working on the wave 1 rises in turquoise - and that it should soon leave the resistance at HK$103.50 well behind it. However, we must cont
75% drop from the peak for Meituan , would you buy ?Read these news here :
www.reuters.com
I am not aggressively buying at this moment although the revenue has improved over last year. I will wait for the breakout from the bearish channel before deciding and takes time to do more research.
As Meituan started as a food delivery platform and domina
Be greedy when others are fearfulIf this last line of defence is also taken out by this week, then we can see the price possibly heading further south towards 120 level (though I think is quite unlikely).
From its peak at 453.70, we have witnessed how this stock tumbled down almost 60% to its current price of 194.
Please do not
Market CorrectionLast week there was the false correction with all Asian stock taking false jumps.. Most are working their way back down.
With earnings being released next week the downward trend on the 1hr chart will be evident.
See all ideas
MPNGF5901263
Meituan 4.625% 02-OCT-2029Yield to maturity
5.64%
Maturity date
Oct 2, 2029
MPNGF5066448
Meituan 3.05% 28-OCT-2030Yield to maturity
5.29%
Maturity date
Oct 28, 2030
MPNGF5901261
Meituan 4.5% 02-APR-2028Yield to maturity
4.89%
Maturity date
Apr 2, 2028
MPNGF5066460
Meituan 2.125% 28-OCT-2025Yield to maturity
4.80%
Maturity date
Oct 28, 2025
MPNGF5184159
Meituan 0.0% 27-APR-2028Yield to maturity
1.49%
Maturity date
Apr 27, 2028
MPNGF5184161
Meituan 0.0% 27-APR-2027Yield to maturity
0.84%
Maturity date
Apr 27, 2027
MPNGF5901262
Meituan 4.625% 02-OCT-2029Yield to maturity
—
Maturity date
Oct 2, 2029
MPNGF5901260
Meituan 4.5% 02-APR-2028Yield to maturity
—
Maturity date
Apr 2, 2028
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