$Sea Ltd(SE)$
SE Garena does about $750M in fcf[Sly][Sly][Sly]
Market currently thinks it’s a zero
If we bring tens of millions of Free Fire players back online, that fcf starts growing in the double digit %[Smart][Smart][Smart]
Market won’t be able to price it at zero (or negative) equity should growth resume in earnest, which it already has, but could be even more aggressive w/ India biz back online.
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.
