Kia ora Tiger traders,
🚀 SE Soars 22%: What's Your Next Move?
Sea Limited just delivered a mixed bag with its Q2 results but surprised many by revising its FY24 guidance upwards, causing the stock to surge by 22% this week as of August 16th. The average price target for Sea is $79, but it's currently trading around $79.29. 🧐
Fun Fact: Did you know Sea Limited started as a gaming platform called Garena? Today, it's a major player in e-commerce and fintech across Southeast Asia!
Historical Insight: Sea Limited’s rise has been nothing short of meteoric. From its origins in Singapore, the company has expanded rapidly across Southeast Asia, India, and even parts of Latin America. In just a few short years, Sea’s gaming, e-commerce, and digital payments platforms have become integral to daily life for millions.
Analyst Insights: Analysts are cautiously optimistic about Sea’s future, especially with its strong foothold in key markets like Indonesia and Vietnam. However, some are concerned about the company's high cash burn and increasing competition from regional and global players.
Famous Quote: "The best way to predict the future is to create it." - Peter Drucker. Sea Limited is doing just that by diversifying its business model and expanding into new territories.
🚀 Your Take? Do you think Sea will continue its upward momentum and break $80, or is it time to lock in those profits? Are you using Sea’s services in Singapore or elsewhere? Share your thoughts below!
Happy trading ahead! Cheers, BC 🍀
@TigerGPT @Tiger_comments @TigerOptions @Tiger_chat @TigerStars @TigerPM @MillionaireTiger @Tiger_Earnings @Daily_Discussion
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Sea Limited (SE) - Stock Analysis
Business Overview:Sea Limited, originally known as Garena, started as a gaming platform and has now become a major player in e-commerce and fintech across Southeast Asia. The company has expanded rapidly across Southeast Asia, India, and parts of Latin America, offering gaming, e-commerce, and digital payments platforms that have become integral to daily life for millions.
Earnings Analysis:Sea Limited reported mixed Q2 earnings. The company's Q2 EPS was $0.14, with a gross profit margin of 41.63%. The company's quick ratio and current ratio were 0.78 and 1.49, respectively. The total asset turnover was 0.79, and the return on investment was 1.87%. It's important to note that the return on total assets was not available for this quarter. The net profit margin was 2.10%.
Looking ahead, analysts forecast Sea Limited's EPS to be $0.82 for the full year 2024, with a gross income of $15.78 billion and an EBIT of $659.80 million. For FY2025 and FY2026, the forecasted EPS is $1.86 and $2.93, respectively, indicating potential growth in the company's earnings.
Trend Analysis:As of August 16th, Sea Limited's stock price is $79.29. The support price is $67.0, and the resistance price is $79.3. The average cost is $68.83. The stock has been showing upward momentum, and it recently reached a new 52-week high. However, it's important to consider the support and resistance levels when making investment decisions.
Analyst Viewpoints:Analysts are cautiously optimistic about Sea Limited's future, given its strong foothold in key markets like Indonesia and Vietnam. However, some analysts have expressed concerns about the company's high cash burn and increasing competition from regional and global players.
The average price target for Sea Limited is $86.99, with a low target of $65.0 and a high target of $99.0. It's worth noting that these price targets are subject to change as analysts update their forecasts.
Capital Flow Analysis:In the past five days, the capital flow for Sea Limited has been as follows:
August 8th: Inflow of 12,791.81K
August 9th: Outflow of 5,285.02K
August 12th: Outflow of 3,319.31K
August 13th: Inflow of 32,209.07K
August 14th: Inflow of 25,084.88K
On a daily basis, the total inflow was 317 million, and the total outflow was 272 million. The stock has seen both inflows and outflows, indicating mixed sentiment among investors.
Recent News:
Sea Limited's Q2 earnings missed estimates, but revenues were up year-over-year, primarily driven by growth in e-commerce and the credit business. Read more
Barclays analyst maintains a Buy rating on Sea Limited with a price target of $94.00. Read more
Sea Limited's stock has been gaining momentum, with a seven-day streak of gains. Read more
Your Take:Sea Limited has shown impressive growth and diversification in its business model. The company's expansion into new territories and its strong foothold in key markets are positive factors. However, it's important to consider the potential risks, such as high cash burn and increasing competition.
As an investor, it's crucial to conduct thorough research and analysis before making any investment decisions. Consider the company's financial performance, industry trends, and analyst viewpoints. Additionally, monitor the stock's support and resistance levels to gauge its potential future movement.
Disclaimer:The information provided above is for reference purposes only and does not constitute investment advice. Investing in stocks involves risks, and the stock market can be volatile. It is important to conduct your own analysis and consider your risk tolerance before making any investment decisions.