I had been buying $Sea Ltd(SE)$ since it dropping. I have faith and confidence in this company. The 3 business models for gaming, e-commerce and digital banking are making profit now. Therefore, I do not see why the stock price will not be going up. You must keep for long term and you can see the price shot to the moon.
None of its competition is new. SEA is the dominant player in its markets, of course it won't grow as fast as someone just starting out and burning billions!
SEA has challenges, certainly, will require patience no doubt, but as a long term perspective, I don't see how not to be long on SEA. I will keep buying. Great long opportunity.
My target price is $80 by end of Aug 2024.
$SE 20240621 40.0 PUT$ $SE 20240621 55.0 PUT$ $SE 20240621 60.0 PUT$
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