Weather forecast: Choppy seas with chanceof tsunami
Response post earnings could be negative to the downside.
1. Strong winds
Increased competition in the e-commerce area with Lazada bringing the battle to $Sea Ltd(SE)$in home tuff.
https://www.straitstimes.com/business/companies-markets/lazada-moves-to-new-regional-hq-amid-moves-to-grow-tech-ecosystem-in-the-region
2. Lightning in the sky
After making moves to India market, India sent lightning in the way of the Sea, with Lightning strikes to Garena and shoppee.
3. Fire in the cargo
Fire is spreading with the increased cash burn to push expansion
4. Heavy waves
Post pandemic, gaming could slow down reducing gaming income.
People will be spending more time doing physical shopping compared to pandemic times.
Higher costs of transportation due to increase in oil prices could post some impact to bottom line as well.
All in all, it could be a gd time to stay at the ports for this earning.
But hey, weather is uncertain and perharps the sun will come out to play.
Please see the response post earnings today.
[Cool]
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