After Q3 earnings, $Sea Ltd(SE)$ jumped 36% last night and gave investors confidence.
Key metrics of Q3 Earnings
- Revenue +17% Y/Y to $3.2B ($190M beat).
- EPS -$0.66 ($0.29 beat).
- Garena Bookings -7% Q/Q to $665M.
- Shopee adj. margin -26% (+20pp Y/Y)
- SeaMoney revenue +147% Y/Y.
- FY22 guidance: Garena Bookings $2.7B ($3.0B previously).
Do you gain confidence after $Sea Ltd(SE)$ 's longwaited no-bad earnings? Let's look at 10 tigers' comments on $Sea Ltd(SE)$.
1. After Q3 Earnings
Bearish
@aiyoh79: long term still challenging with high inflation that makes people think twice before spending.
Neutral
@Snoopymint: A 36% surge after good sales reported. That's US stock - Up and down drastically. All happened in a day
Bullish
@Furore: This really came as a surprise and I'm looking forward to the day when they break even and walk out of their loss making history... I'm also vested in SEA, so I'm rooting for SEA. It seems like the tide is finally turning.
@Lordtrade500 : despite all the negative press & reception due to the company making hard but necessary actions to recourse into profitability, the results have shown slightly that they are closing the gap on losses.
2. Q3 Earnings Forecast
Bearish
@boonchong: it's over for sea limited. They r alrdy getting bad from worse..revenue guidance failed badly..
Bullish
@AlexReddySG: SE may not announce so good results but the guidance and narrative may be promising which will kick off a small ride.... Growth will kick in 2023 and I do expect SE to reach 60s by mid of 2023.
3. Comments after $Sea Ltd(SE)$ plunged 10% a day
Bearish
@Mark6886: Near term maybe testing $33 n consolidate there for a period of time as the CEO already said he needed 12-18 months to turn around SE .... so don't expect miracle in this trying times...
@BlogArca: don't think it will goes back to $300 in short term, they have head count freeze at HQ
4. After Q2 Earnings
@SR050321 : due to disappointing results, infaltion has caused people to spend less and economy grow slower. Target price $40. I maybe wrong, just my personal target.
5. After Q1 Earnings
@Tradehub : I will just stick to my target of $80 or $70 or even $50 which is much nearer to the pre pandemic instrinsic value price.
Bottom Line
From the past comments, we can find that some tigers predicted $Sea Ltd(SE)$ 's prices precisely; some tigers stay positive towards the sahre price.
What's your target prices for Sea after Q3 earnings?
Are your Sea holdings above SEA levels after 36% jump?
Will $Sea Ltd(SE)$ be reducted by $TENCENT(00700)$ after it divested $JD.com(JD)$ and $Meituan(03690)$ ?
Comments