$Sea Ltd(SE)$It’s always good to be in the marketinstead of timing the market. Invest in company with good proof of concept and potential good profitability but not on industries like Ecommerce that is already saturated with little to no margin. Moreover, to double down on E-commerce translate to massive money burning. 

If you have time, speak to any Ecommerce employees out there, seek for their opinion, how do they grow their GMV? How do they sustain their growth? How do they curate a $0.01, $0.09 or $0.99 deal? What is the road to profitability? You will be surprised by this no brainer “strategy”. This applies to all Ecommerce companies out there, not just SEA. 

To those with high hopes of digital banking, do more research and understand the target audience under this strict regulatory license framework. Traditional bank will not sit and do nothing. What’s the margin like? The key word here is “under served” forthis license awarded. 

Once again same may say gaming is profitable. Is game a yearly renewable subscription model? What’s the life span for a successful game? Has it reached its peak? 

In my opinion, the peak of all businesses combinedis the financial result reported between 2020-2021. This is attributed by many working from home with nowhere to spent or visit. Once life normalise and with covid gone, numbers for this industry should head downward. 

2022 will be challenging year. Equity market favours companies with good proof of concept and with profitability to survive. Many are anticipating another crash by summer, June 2022. Do you think so too? 

Let’s keep this discussion a good community with facts and numbers only. [Smile]