alexkho
2022-10-11

Ok 

@THBSummary In the immediate term, Sea Limited is focused on finding every way they can to reduce their operating costs. Sea Limited is taking on aggressive measures to become free-cash-flow positive as soon as possible. CEO Forrest Li is committed to changing the focus of the company on profits versus growth at all costs. Sea Limited has experienced decline in their gaming business Garena and other parts of the business are not yet profitable. This stock is 7x cheaper from a year ago, with a price-to-sales ratio under 3! Wachiwit What’s The Goal Of This Article? If you invested in Sea Limited (NYSE:SE) throughout 2020 and 2021 like I did, you are surely not happy with your loss of returns. This company was dubbed by many as “the Amazon (AMZN) of South Asia and soon to be all of Latin America” and take over MercadoLibre’s (MELI) territory, and maybe even Europe. It was a three-headed monster of revenue growth in e-commerce, gaming, and digital banking. Now if you invested in Sea Limited earlier like three years ago, you probably are not too upset considering you are still up 93% on your return. Just one supporting example of getting in a stock at a reasonable price and holding in the long-term pays off. Sea Limited was the FinTwit darling of the investment community, everyone was talking about the massive revenue growth it was delivering. The stock reached a 52-week all-time high of $372 a share this year and since then has lost over 83% of its value! So, was Sea Limited just one of the biggest one hit wonders in the stock market, or is there more to the story?
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