Sea Gained Over 3% in Premarket Trading After Maybank Offered a $105 Price Target

Dow Jones2023-07-25

Sea Ltd gained over 3% in premarket trading.

Its margins likely improved further in 2Q on growth at its Shopee e-commerce and MariBank fintech businesses offsetting weakness at its Garena digital-entertainment segment, Maybank analyst Kelvin Tan says in a research note.

Tan says the Singapore-based internet company could break even in 2023 on a faster-than-expected improvement in cost-cutting and monetization in the e-commerce and fintech segments.

"We think Sea will continue to outperform its regional peers given its strong e-commerce (Shopee) leadership in Asean and with SeaMoney continuing to grow its fintech offerings and enhance operational capabilities," Maybank says.

However, the share price may face some volatility as Sea looks to quickly hit its profitability milestones, which could hurt the top line.

Maybank maintains a buy rating with a $105 target on the stock, which last closed at $61.18.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

AdelGYS
2023-07-25
AdelGYS
Finally, see shine☺️

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2353808259?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-07-25 17:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2353808259","market":"us","top_or_hot":-1,"title":"Sea Gained Over 3% in Premarket Trading After Maybank Offered a $105 Price Target","media":"Dow Jones","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/SE\">Sea Ltd</a> gained over 3% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7a498f24531125bc31a0401b5176ca64\" tg-width=\"920\" tg-height=\"608\"/></p><p>Its margins likely improved further in 2Q on growth at its Shopee e-commerce and MariBank fintech businesses offsetting weakness at its Garena digital-entertainment segment, Maybank analyst Kelvin Tan says in a research note. </p><p>Tan says the Singapore-based internet company could break even in 2023 on a faster-than-expected improvement in cost-cutting and monetization in the e-commerce and fintech segments. </p><p>&#34;We think Sea will continue to outperform its regional peers given its strong e-commerce (Shopee) leadership in Asean and with SeaMoney continuing to grow its fintech offerings and enhance operational capabilities,&#34; Maybank says. </p><p>However, the share price may face some volatility as Sea looks to quickly hit its profitability milestones, which could hurt the top line. </p><p>Maybank maintains a buy rating with a $105 target on the stock, which last closed at $61.18.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Gained Over 3% in Premarket Trading After Maybank Offered a $105 Price Target</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea Gained Over 3% in Premarket Trading After Maybank Offered a $105 Price Target\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-25 17:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sea Ltd gained over 3% in premarket trading.Its margins likely improved further in 2Q on growth at its Shopee e-commerce and MariBank fintech businesses offsetting weakness at its Garena digital-...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SE","symbol_name":"Sea Ltd","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2353808259","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2353808259","pubTimestamp":1690275641,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"$Sea Ltd$ gained over 3% in premarket trading.Its margins likely improved further in 2Q on growth at its Shopee e-commerce and MariBank fintech businesses offsetting weakness at its Garena digital-entertainment segment, Maybank analyst Kelvin Tan says in a research note. Tan says the Singapore-based internet company could break even in 2023 on a faster-than-expected improvement in cost-cutting and monetization in the e-commerce and fintech segments. \"We think Sea will continue to outperform its ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SE":"Sea Ltd"},"translate_title":"在Maybank提出105美元的目标价后，Sea在盘前交易中上涨超过3%","themeId":"b6251d276d524a92990b019863be720e","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SE":0.9},"content_text":"Sea Ltd gained over 3% in premarket trading.Its margins likely improved further in 2Q on growth at its Shopee e-commerce and MariBank fintech businesses offsetting weakness at its Garena digital-entertainment segment, Maybank analyst Kelvin Tan says in a research note. Tan says the Singapore-based internet company could break even in 2023 on a faster-than-expected improvement in cost-cutting and monetization in the e-commerce and fintech segments. \"We think Sea will continue to outperform its regional peers given its strong e-commerce (Shopee) leadership in Asean and with SeaMoney continuing to grow its fintech offerings and enhance operational capabilities,\" Maybank says. However, the share price may face some volatility as Sea looks to quickly hit its profitability milestones, which could hurt the top line. Maybank maintains a buy rating with a $105 target on the stock, which last closed at $61.18.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":201807044288640,"gmtCreate":1690277925754,"gmtModify":1690277930233,"author":{"id":"3581174525648411","authorId":"3581174525648411","name":"AdelGYS","avatar":"https://static.tigerbbs.com/6147c611984619a69630f877f8238a7a","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3581174525648411","authorIdStr":"3581174525648411"},"htmlText":"Finally, see shine☺️","listText":"Finally, see shine☺️","text":"Finally, see shine☺️","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/201807044288640","repostId":2353808259,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":12,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2353808259"}