I don’t think any investor will blame SE management for the incredible speed at which it has moved its focus from top line to bottom line.
It shows unusual ability to adjust to current context.Expanding in new countries/markets has a cost and no ‘growth investor’ will validate GMV reckless growth at any cost.
Likewise closing countries where ramping up sales could prove too long and too costly for their current balance sheet confirms SE pragmatic approach.Once visibility improves I have no doubt top line will reaccelerate.$Sea Ltd(SE)$
US Stocks Opportunities
Here are a theme that collects the best quality or your most bullish US stocks, Share your thoughts here!
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