$Sea Ltd(SE)$ This is priced as if the phenomenal growth of the past few years never happened. Does anyone truly believe Shoppee and SeaMoney are not already successful and will only become more so in the coming months and years? Yes, it expanded far too quickly. Yes, it spent far too freely and lost too much money. The company finally got that message and took corrective steps. Too little, too late? With the growth potential it has? I doubt that.
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