Can se's game business help its share price?

AgathaHume
2022-01-19

$Sea Ltd(SE)$  Loop Capital Starts at Hold PT $190

“We think the gaming business will remain an overhang until growth outlook confirmed: We think that based on comps and consensus outlook, Garena could command 20x EBITDA but think it won’t be until Free Fire proves it can continue to grow at healthy rates. Free Fire at peak will eventually mean a year of impossible comps followed by sub-industry growth driven by publishing revenue, coming at lower margin. This is unless Garena follows up the home-run on its first self-production."Cant wait for the squeeze. Do they even know about Free Fire Max, who are the clowns?

It is clear that this trend continues, but it will not last long. According to your consideration, will you sell and buy directly? Or continue to hold? Or you can choose a long-term call option and choose the appropriate term! Stay calm! GOOD LUCK!!

 

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • LohYK
    2022-01-20
    LohYK
    sure it plays a part but for sea, it is rotating to e-commerce for the money
  • KingKong87
    2022-01-20
    KingKong87
    👍
Leave a comment