$Sea Ltd(SE)$I thought tencent

2022-01-10

$Sea Ltd(SE)$I thought tencent has finished selling his stake. How come it keeps dropping?

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Comments

BernardLL
2022-01-10
BernardLL
PB of 13 times and still not making a profit. There is still alot of air to deflate before can see meaningful rise
- meizeng81:
  but whole US market is in red... more like a crash!
Gackky
2022-01-10
Gackky
supply and demand.. many paper handed
- GackkyReplymeizeng81:
  money flowing out of market as ppl wan to keep more cash in hand. i wan to keep in milo tin[LOL]
- NgKenny:
  Like
- meizeng81:
  u mean tencent sell .. others buy? this is correct. the downside of the current price is due to interest hike right?
Spleen
2022-01-11
Spleen
The balance sheet and underlying fundamentals still need work before the valuations start to realign. Sometimes these corrections help the board to reassess its priorities for 2022
chaicka
2022-01-11
chaicka
Jump from $45 (2019) to its height due to COVID-induced spendings/earnings. Last earning shows induced spends reducing, aligning to endemic. More dips coming in 2022 as earnings drop further.
OnionT
2022-01-10
OnionT
Even before this tencent situation it was already consistently lowering
NightKL
2022-01-10
NightKL
Shorties, but will still rise no worries
- NgKenny:
  Like

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There is still alot of air to deflate before can see meaningful rise","text":"PB of 13 times and still not making a profit. There is still alot of air to deflate before can see meaningful rise","html":"PB of 13 times and still not making a profit. There is still alot of air to deflate before can see meaningful rise","likeSize":2,"commentSize":1,"subComments":[{"id":100171697,"gmtCreate":1641826782824,"gmtModify":1663242203638,"authorId":3585281707750183,"author":{"id":3585281707750183,"authorId":3585281707750183,"name":"meizeng81","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9006453396,"type":1,"supId":100171670,"prevId":0,"content":"but whole US market is in red... more like a crash!","text":"but whole US market is in red... more like a crash!","html":"but whole US market is in red... more like a crash!"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":100171525,"gmtCreate":1641826156253,"gmtModify":1641826156253,"authorId":3574326723774097,"author":{"id":3574326723774097,"authorId":3574326723774097,"name":"Gackky","avatar":"https://static.tigerbbs.com/5898b44bf5a31bf2b9d4e37227ed8177","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9006453396,"type":1,"supId":0,"prevId":0,"content":"supply and demand.. many paper handed","text":"supply and demand.. many paper handed","html":"supply and demand.. many paper handed","likeSize":1,"commentSize":3,"subComments":[{"id":100174009,"gmtCreate":1641856543896,"gmtModify":1663242212940,"authorId":3574326723774097,"author":{"id":3574326723774097,"authorId":3574326723774097,"name":"Gackky","avatar":"https://static.tigerbbs.com/5898b44bf5a31bf2b9d4e37227ed8177","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3585281707750183,"repliedAuthor":{"id":3585281707750183,"authorId":3585281707750183,"name":"meizeng81","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":9006453396,"type":1,"supId":100171525,"prevId":100171642,"content":"money flowing out of market as ppl wan to keep more cash in hand. i wan to keep in milo tin[LOL]","text":"money flowing out of market as ppl wan to keep more cash in hand. i wan to keep in milo tin[LOL]","html":"money flowing out of market as ppl wan to keep more cash in hand. i wan to keep in milo tin[LOL]"},{"id":100173704,"gmtCreate":1641855304272,"gmtModify":1663242211544,"authorId":3582778356971864,"author":{"id":3582778356971864,"authorId":3582778356971864,"name":"NgKenny","avatar":"https://static.tigerbbs.com/4fdae3e0bdca8d3a33e7f9d619f0dc88","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9006453396,"type":1,"supId":100171525,"prevId":0,"content":"Like","text":"Like","html":"Like"},{"id":100171642,"gmtCreate":1641826533481,"gmtModify":1663242204039,"authorId":3585281707750183,"author":{"id":3585281707750183,"authorId":3585281707750183,"name":"meizeng81","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9006453396,"type":1,"supId":100171525,"prevId":0,"content":"u mean tencent sell .. others buy? 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