🌊SEA Predictions & History At A Glance👀

🌊 $Sea Ltd(SE)$ have been rather popular recently after releasing its Q3 earnings so I decided to do some research on it using the Wall Street Journal (WSJ) and Yahoo Finance (YF).

(1) WSJ Q4 2022 and Q1 2023 earnings per share (EPS) are expected to be higher than Q3. EPS in FY2023 and FY2024 are expected to be higher than FY2022.

(2) YF EPS in FY2023 are expected to be higher than FY2022. Revenue for FY2023 are also expected to be higher than FY2022 but year-on-year sales growth is expected to decline from 21.7% to 14.6%. Growth estimates for Q3 was -31.0% and projection for Q4 is 18.8% BUT no industry/sector/S&P500 comparisons were provided.

(3) 🌊SE stock history: It exploded in 2020 and reached a high of 372.70 in 2021💥🐂💥🐂 Ever since then, it has been on a downward trend all the way reaching a 52-Week low of 40.66🪨🪨🪨and closing at 56.94 on 18/11.

(4) YF reported a range of analysts that all have a overweight, outperform, or buy rating.

(5) WSJ analysts have a current consensus rating of overweight with 21 buy, 7 hold, and 1 sell. The average target price is $92.79 with a range of $40 to $159.

🤔💭My Thoughts:

(1) 🌊 has taken steps to increase profitability finally by laying off 10% of its workforce over the past 6 months👍👍👍

(2) Tencent divested about 14.5 million of 🌊 shares, reducing its stake to 18.7% from 21.3% in Jan 2022.

➡️ Although Tencent said it INTENDS to retain the substantial majority of its stake in 🌊 for the long term🤷🏻‍♀️🤷🏻‍♀️🤷🏻‍♀️, I will be CAUTIOUS as Tencent has been divesting quite a bit in recent months which means that 🌊 might be at risk for further divesting‼️

(3) The share price of 🌊 has been beaten down badly like META🥊🥊🥊 & presents as a good buy IF the management continues to show it can bring the company to profitability.

(4) 🇺🇸 is likely going into stagflation which means there will be further sell-off of equities, exerting further pressure on the price of 🌊 $NASDAQ(.IXIC)$ $TQQQ(TQQQ)$ 

It is unclear where the 🇺🇸 economy is heading at this moment, so I will likely wait till after 🌊 Q4 earnings release to assess its sustainability in performance. 1 quarter of improvement doesn’t give me enough confidence to commit into 🌊 as yet. I would rather buy safer stocks like $Taiwan Semiconductor Manufacturing(TSM)$ where the company is profitable even in a downturn and when the whole chip sector isn't doing well. Fellow 🐯🐯🐯 will you buy 🌊 now because it’s at a good price or will you wait till after Q4 to decide❓Do share your thoughts & reasons in the comments section with me🤓 Love our convos🥰 Please help to click on the “Like” & “Share/Repost” buttons, so that more 🐯🐯🐯 can access these information & we can all benefit together❣️Many thanks🤗

As usual-🤔💭 Consider POV & Actions of investors + 👩🏻‍💻👨🏻‍💻 Research + 🗑FOMO & Greed = Investing Wisely 🤓🤗 + Accumulating Wealth 💵💰

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