Goodgolddays
2022-03-13

$Sea Ltd(SE)$

Quick thoughts

I usually try to avoid investing in young and unprofitable businesses

People tend to quote successful examples like Amazon, Tesla, which almost went bankrupt at one point in time. But hey, how many Amazon and Tesla are there in this world?

To clarify, I am not saying that Sea is a bad investment or they cannot succeed. I just feel that it is difficult to put my money into a company when it is crystal clear that 2022 will not be a smooth year for them.

Buy, Hold or Sell?

For those who are already invested in Sea, I think you can hold your stocks right now. The stock needs to break above $100 to be bullish. Otherwise, the next strong support level is at around $53 to $55, and that could be a super good buying opportunity.

In short, investors should expect a choppy Sea this year.

If you have some time this weekend, hope you can check out my video below

Sea Stock Analysis - Deep Dive into the Sea -

https://youtu.be/8M5B9UpwPkc

Sorry I can't embed the video into this post. You have to copy and paste into YouTube  

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Comments

  • Maky
    2022-03-14
    Maky
    Thanks for sharing. Agree that the next few months is likely to be choppy. Will wait for SEA to be around 60 to consider entry. Nowadays it seems to be catching falling knives after we buy
    • Goodgolddays: 
      I think can start to DCA from this week onwards. Personal view, not financial advice :) good kuck!
  • MoneyCentral
    2022-03-14
    MoneyCentral
    Problem is that this company is a one trick pony with a massive cash sucking loss making business it is trying to promote.It doesn’t make enough to offset the massive losses to justify rich valuations
    • KangWReplyGoodgolddays: 
      Ok
    • Goodgolddays: 
      Yup you’re right. Patient investors can wait for next earnings call to see if there is improvement. There is no need to rush to hop on the boat
  • ChernTiong
    2022-03-15
    ChernTiong
    3 hot sector, but competition in the sector is also difficult to navigate. Still waiting for more positive turn of results to DCA
    • Goodgolddays: 
      Indeed. can keep a look out for their next earnings call, to see if things will improve
  • CaptainTiger
    2022-03-14
    CaptainTiger
    Dear Tiger, our staff have granted you access to uploading videos on our platform. You can check your message to learn more.
    • TigerObserverReplyGoodgolddays: 
      Thanks for your suggestions. We will work on that.
    • GoodgolddaysReplyCaptainTiger: 
      Understand. But maybe Tiger can work on allowing users to upload via mobile phone. This will greatly improve customer experience
    • CaptainTigerReplyGoodgolddays: 
      You need to use your computer to upload your videos on our website: https://ttm.financial/. If you can't figure out how to upload videos or have any questions, you can add the contact of our staff: WhatsApp +86 15600151530.
    • Goodgolddays: 
      I still cannot embed video using mobile phone. Do i need to use desktop computer or laptop?
  • MortimerDodd
    2022-03-13
    MortimerDodd
    Yes, it is foreseeable that this year's performance will not be too great.
    • Goodgolddays: 
      Yup, likely be a choppy year. Lets see if they can turn things around in the next 2 quarters
    • MortimerDoddReplyGoodgolddays: 
      Keep an optimistic attitude, no matter how bad the performance will be, there will be times when it will get better.
  • Ronchan
    2022-03-15
    Ronchan
    Choppy sea indeed. I still prefer SEA to Grab….
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