Ultrahisham
2022-11-18
$Sea Ltd(SE)$ 

To be fair, $Sea Ltd(SE)$ is one for the future. However, as for all so called 'high growth' names, they were very popular during the era of 'easy money'. Those times are behind us now with all the inflation and the resulting quantitative tightening. 

In order to succeed, they need to stop chasingtop lines at the expense of bottom line. What is the point of growing revenue at the expenseof profit if there is no benefit to ROI. I believe management realised this, hence the shift towards reducing expenses etc.

Technical wise, they gapped up on results andcould be in a third wave but in my opinion, in view of macroeconomics, it will be some time before they make substantial gains on their share price. Long term investors may be rewarded but with so many companies on discount now, unless the company turns a profit soon orshow accelerated top and bottom line growth,share price might be range bound. 

Thanks for reading!


Target price for SE after jumping 36%?
After Q3 earnings, $Sea Ltd(SE)$ jumped 36% last night and gave investors confidence. Investors' sentiment on Sea shifts after the not-bad earnings. ---- [TOPIC] 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 $Meituan(03690)$ ? ---- [REWARDS] Every post above 50 characters will get at least 50 coins~
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Comments

  • CyrilDavy
    2022-11-18
    CyrilDavy
    Strong consolidation holding support, breaks $65 and we’re gone. Sideways for a few more days, then a break to the upside. Watching
  • CrystalRose
    2022-11-18
    CrystalRose
    looking good for another run higher towards $70+ 🍀 SE turn to jump again 👍🙏 focusing on profitablity.
  • littlesweetie
    2022-11-18
    littlesweetie
    Holding firm but I think this is about to crack. Too much too fast, and broader tech is showing weakness.
  • Ericdao
    2022-11-18
    Ericdao
    Look good currently. Improve sentiment could give it a boost
  • Dollydolly
    2022-11-19
    Dollydolly
    Cheap stonk with turbulent future trends
  • TeoPC
    2022-11-21
    TeoPC
    ok
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