$Sea Ltd(SE)$I thought tencent has finished selling his stake. How come it keeps dropping?

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  • BernardLL
    ·2022-01-10
    PB of 13 times and still not making a profit. There is still alot of air to deflate before can see meaningful rise
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    • meizeng81
      but whole US market is in red... more like a crash!
      2022-01-10
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  • Gackky
    ·2022-01-10
    supply and demand.. many paper handed
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    • GackkyReplying tomeizeng81
      money flowing out of market as ppl wan to keep more cash in hand. i wan to keep in milo tin[LOL]
      2022-01-11
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    • NgKenny
      Like
      2022-01-11
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    • meizeng81
      u mean tencent sell .. others buy? this is correct. the downside of the current price is due to interest hike right?
      2022-01-10
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  • Spleen
    ·2022-01-11
    The balance sheet and underlying fundamentals still need work before the valuations start to realign. Sometimes these corrections help the board to reassess its priorities for 2022
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  • chaicka
    ·2022-01-11
    Jump from $45 (2019) to its height due to COVID-induced spendings/earnings. Last earning shows induced spends reducing, aligning to endemic. More dips coming in 2022 as earnings drop further.
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  • OnionT
    ·2022-01-10
    Even before this tencent situation it was already consistently lowering
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  • NightKL
    ·2022-01-10
    Shorties, but will still rise no worries
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    • NgKenny
      Like
      2022-01-11
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  • cfybao
    ·2022-01-19

    美联储预计三月加息,股价估值重新定位。没有盈利的公司,最受影响。除非有炒作。顺势而为。

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  • Netfalcon
    ·2022-01-12
    Overvalued - where is the sustainable profit and strong moat?
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  • Snakewood
    ·2022-01-12
    not all sold at tencent; others also join in selling..
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  • Bulltrader
    ·2022-01-12
    not finish yet. still hv 15%
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  • Omega88
    ·2022-01-18
    give u a chance to buy cheaply.
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  • DQS4288
    ·2022-01-15
    👍🏻
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  • NgKenny
    ·2022-01-11
    Nice
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  • Chalky
    ·2022-01-12
    [Like]
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