Furore
2022-11-26

My guess is that it will drop for a while when traders take profit. After the drop, can expect SEA to trade in the range of USD 50-60 while the market awaits for better news or even the Q4 results. If indeed SEA can deliver its promise, it may start to go up even more when the Q4 results are out. As I'm vested in SEA, I wish that the worst is already over and hopefully it will start moving up again.

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

  • AfraSimon
    2022-11-27
    AfraSimon
    Sea results should be seen as the poster child for the rest of the space given a crystal clear focus on profitability and pragmatic approach to future growth.
  • CyrilDavy
    2022-11-27
    CyrilDavy
    the slowdown of interest rates will be extremely advantageous for sea limited. Market is always forward looking. Really bullish in long term.
  • BaronLyly
    2022-11-27
    BaronLyly
    SE has seen a significant compression in valuations and now looks attractive on 2.1x FY2023V EV/Sales and 1.7x FY2024E EV/Sales
  • Snoopymint
    2022-11-26
    Snoopymint
    Thanks for sharing your thoughts.
  • Nagoken
    2022-11-26
    Nagoken
    Ok
  • Edmund870
    2022-11-26
    Edmund870
    A
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