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Summary
PlayerUnknown’s online Battle Royale-type game Battlegrounds is now the world’s fifth top-grossing PC game. It is trailing Tencent’s first-person shooter CrossFire.
Tencent’s subsidiary Epic Games decided to copy the design/mechanics of Battlegrounds. PlayerUnknown used Epic Games’s Unreal 4 engine to make Battlegrounds.
Copying another company’s hit game is a fair practice for Tencent. After all, nobody has the copyright on Battle Royale genre-based video games.
Tencent needs to be more aggressive in video games. E-commerce giant Alibaba now touts a dedicated video games unit.
I still rate TCEHY as a buy.

From : https://seekingalpha.com/article/4112348-tencents-subsidiary-copied-playerunknowns-battlegrounds

It is nice to be invested in a company that does what you love 

Currently my favourite is : -

Online - Overwatch (listed as 8th) - Tencent also have a 5% stake in Blizzard
Offline : Fallout 4 (Where the dog "Dogmeat" is from) & Evil within 2 (Play that late at night with lights off )

Also play Witcher 3, and a couple of others when I get time.

Quote from: Nivek on October 16, 2017, 02:49:15 pm

It's climbing so fast it must be getting nosebleeds. I don't get it, why are they so valuable?

My understanding is there is only a finite number in existence at present, so its a captive market, also its an ideal opportunity for money laundering without authorities knowing where the coins are at any given time - no registers.
I do believe this is a bit of a bubble and a bit like the tech stock melt down a number of decades back - but hey this happens in markets you just need to be astute with your wealth

Let’s say Maria wants to send mail to Peter. First she needs to know what Peter’s mailbox address or number is. Let’s say Peter’s mailbox is number 2034. Similarly, if she wants to send Bitcoin to Peter, she needs to know his Bitcoin address, which is a number that uniquely identifies him. This is also sometimes called his wallet address, or public key, which functions similar to your bank account number. It’s a long and complicated number because there are so many Bitcoin post boxes in the world, but thankfully you don’t have to remember it, you can find it on the internet.
So now Maria deposits the Bitcoin in Peter’s mailbox. She can have a peek inside and see the Bitcoin there, in fact anyone who walks by can see that mailbox 2034 is filled with one Bitcoin. This is part of the exciting part of Bitcoin - that everyone can see all the transactions but without anyone having to share their identity. People can see there is one Bitcoin in 2034, but no-one, except for Maria and Peter, will know it belongs to Peter.

i thought it is going to fly, but I read that allthough trading statement looks good, it is still not back to profits where it was few years ago. But I just bought thus keepng for a while

Please tell me your surname is not Abrahams        otherwise I sell mine now !!!

CFR

COMPANY ANNOUNCEMENT FOR IMMEDIATE RELEASE
17 OCTOBER 2017

Significant movement in operating profit and profit for the period
for the six months ended 30 September 2017


SIX Swiss Exchange requires that issuers make an announcement without delay where the foreseeable profit or loss for a given period is expected to deviate significantly from the profit or loss achieved in the prior year period. Both significant increases and decreases in the anticipated, unaudited profit or loss require the publication of an ad hoc notice to the market. In accordance with these requirements, Richemont makes the following announcement:

Trading for the six months ended 30 September 2017 showed sales rising 10% on a reported basis and 12% on a constant currency basis compared to the prior year period. On this basis, Richemont's operating profit for the six months ended 30 September 2017 is likely to show an increase of approximately 45% against the comparative period. The corresponding profit for the period is expected to increase by approximately 80%. These increases predominantly reflect the non-recurrence of the exceptional inventory buy-backs in the prior year period, improved trading performance and the positive net impact of movements in period-end exchange rates.


Disclaimer

The foregoing financial information is unaudited.


Corporate calendar

The Group's results for the six months to 30 September 2017 will be announced on 10 November 2017.


Investor and media contacts

Sophie Cagnard
Group Corporate Communications Director

BTC/ZAR 78,492 

BTC/ZAR 77,924