My best work on $Sea Ltd(SE)$

2023-04-06

My best work on $Sea Ltd(SE)$ was published on 11 Nov 22 ("Garena And Fintech Priced At Zero At Current Valuations").

Little did I know, 9 Nov 22 was the low for SE, and SE is +111% since then.

Based on my SOTP for $SE then, there was an upside of 80%, which has since been reached.

I'll be publishing an updated SOTP valuation for $SE based on 2024 forecasts. Stay tuned!

图像

SE now trades at 38x 2024 P/E. Arguably, the way to value $SE has changed.

This is due to its first ever quarter of positive EBITDA and net income. But also, the higher multiples the market is willing to give SE given the strong execution and management.

And lastly, because SE demonstrated its ability to be self-sufficient and prioritize long-term growth in this macro environment.

图像

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

CYKuan
2023-04-06
CYKuan
thanks for sharing
Ray Kwan
2023-04-07
Ray Kwan
[呆住]
Nongren
2023-04-07
Nongren
o
nsk
2023-04-06
nsk
great
JeJu
2023-04-06
JeJu
Ok
Susan88888
2023-04-06
Susan88888
ok

Leave a comment

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Little did I know, 9 Nov 22 was the low for SE, and SE is +111% since then. Based on my SOTP for $SE then, there was an upside of 80%, which has since been reached. I'll be publishing an updated SOTP valuation for $SE based on 2024 forecasts. Stay tuned!<img alt=\"图像\" title=\"图像\" src=\"https://community-static.tradeup.com/news/2af8aed166a47b3ada91fc4dc7d5260c\" tg-width=\"602\" tg-height=\"827\">图像SE now trades at 38x 2024 P/E. Arguably, the way to value $SE has changed. This is due to its first ever quarter of positive EBITDA and net income. But also, the higher multiples the market is willing to give SE given the strong execution and management. And lastly, because SE demonstrated its ability to be self-sufficient and prioritize long-term growth in this macro environment.<img alt=\"图像\" title=\"图像\" src=\"https://community-static.tradeup.com/news/4a07e0de7bb979137db77e33177f3652\" tg-width=\"900\" tg-height=\"467\">图像</body></html>","htmlText":"<html><head></head><body>My best work on <a data-mention-id=\"SE\" class=\"teditor-mention\" data-mention-name=\"Sea Ltd\" href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$</a> was published on 11 Nov 22 (\"Garena And Fintech Priced At Zero At Current Valuations\"). Little did I know, 9 Nov 22 was the low for SE, and SE is +111% since then. Based on my SOTP for $SE then, there was an upside of 80%, which has since been reached. I'll be publishing an updated SOTP valuation for $SE based on 2024 forecasts. Stay tuned!<img alt=\"图像\" title=\"图像\" src=\"https://community-static.tradeup.com/news/2af8aed166a47b3ada91fc4dc7d5260c\" tg-width=\"602\" tg-height=\"827\">图像SE now trades at 38x 2024 P/E. Arguably, the way to value $SE has changed. This is due to its first ever quarter of positive EBITDA and net income. But also, the higher multiples the market is willing to give SE given the strong execution and management. And lastly, because SE demonstrated its ability to be self-sufficient and prioritize long-term growth in this macro environment.<img alt=\"图像\" title=\"图像\" src=\"https://community-static.tradeup.com/news/4a07e0de7bb979137db77e33177f3652\" tg-width=\"900\" tg-height=\"467\">图像</body></html>","text":"My best work on $Sea Ltd(SE)$ was published on 11 Nov 22 (\"Garena And Fintech Priced At Zero At Current Valuations\"). Little did I know, 9 Nov 22 was the low for SE, and SE is +111% since then. Based on my SOTP for $SE then, there was an upside of 80%, which has since been reached. I'll be publishing an updated SOTP valuation for $SE based on 2024 forecasts. Stay tuned! 图像 SE now trades at 38x 2024 P/E. Arguably, the way to value $SE has changed. This is due to its first ever quarter of positive EBITDA and net income. But also, the higher multiples the market is willing to give SE given the strong execution and management. 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