Can Sea Close Above $60 After Earnings Beats?

Sea rises around 15% after earnings beats. Sea Q4 EPS $(0.19) Vs $0.72 YoY, Sales $3.62B Beat $3.53B Estimate. -------------------------- Can Sea close above $60 after earnings beats? Has Sea's competitive environment improved?

$Sea Ltd(SE)$  I had been buying Sea Ltd(SE)$ since it dropping. I have faith and confidence in this company. The 3 business models for gaming, e-commerce and digital banking are making profit now. Therefore, I do not see why the stock price will not be going up. You must keep for long term and you can see the price shot to the moon. None of its competition is new. SE is the dominant player in its markets, of course it won't grow as fast as someone just starting out and burning billions! SEA has challenges, certainly, will require patience no doubt, but as a long term perspective, i dont see how not to be long on SE. I will keep buying. Great long opportunity. My target price is $60 by end of this month. Go ahead and s
$Sea Ltd(SE)$   Momentum looks good! No signs of being oversold yet and we are just breaking out of the consolidation pattern.  Everything is looking good for this stock right now
$Sea Ltd(SE)$   Sea Limited Q4 Review: Uncertain But Exciting Times Ahead Sea announced Q4 2023 earnings with revenue up just 5% year-over-year. But under the surface much more strength could be seen. Garena's revenue declined by 46%, but bookings show signs of stabilization and management guided for double-digit growth for Free Fire. Shopee's revenue grew by 23% YoY, with investments in sales and marketing paying off in market share gains. While many investors feared TikTok, the numbers show that Shopee beats TikTok on its own turf. Sea Limited's Q4 2023 earnings report showed strong revenue growth in Shopee and SeaMoney, with signs of stabilization within Garena [with Free Fire emerging as 2023's most downloaded mobile game]. Despite it

Does Sea's pivot to prioritizing growth over profits suggest a rally in 2024?

Sea Ltd $Sea Ltd(SE)$ has surged by 16% since its earnings announcement on March 4, 2024. Its outperformance was primarily due to an earnings beat and a better-than-expected outlook for 2024. Earnings Review: Sea Ltd reported a net income of $162.7 million in 2023, a significant improvement compared to a net loss of $1.7 billion in 2022. Nonetheless, we maintain concerns about Sea Ltd's long-term profitability. E-commerce: In the fourth quarter of 2023, gross orders experienced a notable 46% year-on-year increase, and GMV (Gross Merchandise Volume) saw a 29% year-on-year growth. Despite these positive indicators, the operating income witnessed a substantial 377% year-on-year decline, reaching a negative USD303 million. This decline suggests in
Does Sea's pivot to prioritizing growth over profits suggest a rally in 2024?
$Sea Ltd(SE)$  Yes. I predict it can go above $60. I had been buying $Sea Ltd(SE)$ since it dropping. I have faith and confidence in this company. The 3 business models for gaming, e-commerce and digital banking are making profit now. Therefore, I do not see why the stock price will not be going up. You must keep for long term and you can see the price shot to the moon.$SE 20240308 39.0 PUT$  $SE 20240621 40.0 PUT$   $Sea Ltd(SE)$ It's impressive how much SE has fallen from grace.While I have no position in SE at the moment I do believe that this stock has a modest upside at the current pr
avatartilly86
03-06
$Sea Ltd(SE)$  no idea what I'm doing 
avatarJSWong
03-06
$Sea Ltd(SE)$   Based on the valuation analysis, the analyst target price for Sea Ltd (SE) is $60.00192, with a low estimate of $39.4 and a high estimate of $145.0. It is important to note that these target prices are provided by analysts and should be taken into consideration along with other factors when making investment decisions.
avatarOppa
03-05
$Sea Ltd(SE)$  certainly
$Sea Ltd(SE)$  I spent so much on shopee and finally my efforts paid off. 😅
$Sea Ltd(SE)$ Thoughts on earnings?Break $60!!!!Best in a long time. Tide is turning and it’s UP UP & AWAY 🚀🚀🚀Buying some long term CALLS today.Looks like the worse is over and the bounce at 35 was as low as it will go!!!  All the news will be better than the previous quarter for at least the next 12 months.  The bleeding 🩸 has finally stopped 😊
$Sea Ltd(SE)$ I think SE has been struggling with expansion/growth costs, India not allowing their app (until recently), China competition, and (IMHO) bad management.   However, I (think) I see a turn-around.  Buying some more today (nibbling). I think Sea can close above $60 after earnings beat expectations! keep bullish!!
$Sea Ltd(SE)$ Breaking 60? ? Stop being funny hahahahahaha. Since SE has run out of cash, the company has recently done a heavy stock dilution of 5% at $35 stock price. That means the management knows that the company is fundamentally garbage and they was not expecting artificial stock price pumping after the latest Loss report disaster. Remember what happened at the latest Loss report? SE Collapsed by 35%. Now it is up so much with no trading volume for no reason. This Loss Report will be even worse, SE will Plunge by 45% because the business is getting worse as the competition is getting intensified. TikTok is killing this garbage. Even without TikTok the company was in the downfall. TikTok news is the last nail in SEs c
$Sea Ltd(SE)$ I habe just read the earnings. Very good numbers. I think it will break 60! ! Ecoomece is key and their growth was really good in acompetitive market. They managed to defend their market shar with reasonable cost. Financal services are booming now profitable. Game sector is stable with positive guidence in 2024. 2 growing sectors performed well compensation the slowing gaming. strong cash generation. Operating expenses down. Given the economic growth perspective in SE Asia, I fully understand management's optimism. Well down SEA!!
$Sea Ltd(SE)$ Can Sea Close Above $60 After Earnings Beats? YES!!!I'm very confident about this! ! ! ! Breaking out .. 85 % off its high lots of runways .. Report today showing businesses are growing with revenues beat !! Too cheap to ignore..bullish!!!bullish!!
avatarKdog666
03-05
$Sea Ltd(SE)$  yeessssss
avatarmelson
03-05

shake it up shake the sea

$Sea Ltd(SE)$  has the potential to return to 88 if the management can shake things up. earnings beat is one small step to reviving the company. fed interest rate cut is near and you can see Chinese rival leader $Pinduoduo Inc.(PDD)$  and us leader $Amazon.com(AMZN)$  blazing ahead. you can check out the comparison of amzn to se, pdd to se and baba to se in the images below. pdd had overtaken baba as the most valuable e-commerce company in china though baba still maintains the largest market share.  pdd and amzn making new highs is a sign that e-commerce
shake it up shake the sea
avatarJCJC18
03-05
avatarJCJC18
03-05
avatarSPOT_ON
03-05
@Tiger_Earnings  so i got it correct..i voted up 5% to 10% ... [Heart] [Heart] [Heart] [ShakeHands]
$Sea Ltd(SE)$  Time for comeback, to the moon.