SEA crashing down on investors!

Taking a close look at SEA earnings report shows that it's a mixture of good and bad news.

-ve : Mobile gaming business further deteriorated for the 5th quarter as digital entertainment buzz during Covid peak are winding down. Consumers are spending more time outdoors now as Covid restrictions are lifted and hence the spending on games reduced.

Neutral : Shopee revenue actually grew by 21% to 2.1bil. However, it has fallen short of analyst expectation of 2.25bil. Personally, I do think that the e-commerce business is still doing fairly well. 

+ve : Financial services segment has done pretty well and revenue was upped over 53%. For see MariBank will further aid in this segment performance in the quarters to come.

Overall, it's not too bad an earnings result in my opinion. However, as investors become more cautious in this weakening of macro economy, any slight negativity spotted in earnings announcement will likely create an avalanche in share prices. So dear investors, please invest safe!

@CaptainTiger @Daily_Discussion @TigerStars @MillionaireTiger