CY09
2022-07-03

$Sea Ltd(SE)$Latest results shows that the growth story has disintegrated. Profits earned from Garena is declining and losses from Shopee is growing. GMV has slowed and seamoney is not growing fast

Sea Money is unlikely to be the Winner in South East Asia Space

No doubt, South East Asia has a large population of unbanked individuals where Sea could tap on. However, it has two major competitors in Grab and Go-to.-to.-to.

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Comments

  • EmilyMark
    2022-07-03
    EmilyMark
    lol who bought this is 200s to 300 range and was showing off last time? Still holding ?? Even the founder has gone quiet.🤣
  • BorisBack
    2022-07-03
    BorisBack
    lil tip here. Watch coupang. Last time they reported upbeat earnings Sea crushed it. Now it's up on credit suisse upgrade. They cut cost too. It's great potential here
  • ChristKitto
    2022-07-03
    ChristKitto
    Speaking of the markets getting pummeled...I went on a major buying spree, and I re-entered multiple swing trades which I took profits
  • Remotecam
    2022-07-03
    Remotecam
    Thanks for sharing. Tough time for everyone, not only Sea.
  • CY09
    2022-07-03
    CY09
    this quarter likely low growth in GMV and sea money tpv
  • DonnaMay
    2022-07-04
    DonnaMay
    Thanks for your excellent post.
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