predator007
2023-12-12

$Sea Ltd(SE)$

Loop Capital raised its price target on Sea stock, to $43, arguing the stock is worth 10 times 2025 earnings before E B I T D A -- and likely even more.

TikTok operation is at least 2 years away from fully operational while SE net earnings will TRIPLE[Miser][Miser][Miser].

It seems to be a promising near future!

Target price for SE after TikTok returns to Indonesia?
TikTok has pledged to invest $1.5 billion in a subsidiary under Indonesia's GoTo Group to revive shopping app services in Indonesia. SE dropped 12% during trading hours. ------------------- What's your target price for SE? Is it worth investing or not?
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