SE, a buy or not to buy ?

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SE, a buy or not to buy ?

Melawati
2022-03-20

For $Sea Ltd(SE)$the price had dropped quite substantially over the past 6 months (62%). It has lost more than half of its value during the past year. Many claim SE stock is still a strong sell because the current market climate isn’t very receptive to growth stocks.

One key reason is because Tencent sold $3bn of it in early Jan.

$TENCENT(00700)$sold the shares at $208 apiece, a discount of 6.9% to the previous close. After the sale, Tencent's stake in Sea Ltd declined from 21.3% to 18.7%.

“This drop is painful, and you might be feeling frustrated, disheartened, or worried about Sea’s future, Do not fear: we are in a strong position internally, and we are clear on our next steps. This is short-term pain that we have to endure to truly maximize our long-term potential.”said Chief Executive Officer Forrest Li.

Is it a buy or not a buy ?

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.

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Tigermanic
·2022-03-20
Yes, super attractive, $150 soon
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setia100
·2022-03-20
Beauty lies in the eyes of individual 🤣🤩 Good Luck🙏
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3
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Maria_yy
·2022-03-20
I will wait for SE to stabilize before considering a buy.
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BellaFaraday
·2022-03-20
The current price is very attractive.
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liverpool777
·2022-03-21
worrying. still observing if best to sell or hold further
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叮叮当当的小人物
·2022-03-20
再等一阵子再说吧
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StevieLim
·2022-03-20
buy buying bought
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米股任我行
·2022-03-20
估值太高，即使现在也是太高
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EvanHolt
·2022-03-20
I believe what Forrest Li said.
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Albert945
·2022-03-21
thanks for sharing
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Annalisa01
·2022-03-23
👍
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ekwee75
·2022-03-22
[Happy]
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Maxcrusader
·2022-03-21
Hmm
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CcyInvestor
·2022-03-21
👍🏻
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SilentWarrio
·2022-03-21
Thank you!
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刚人
·2022-03-21
[微笑]
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LRR1894
·2022-03-20
[Sad]
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BLWM
·2022-03-20
Buy
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After the sale, Tencent's stake in Sea&nbsp;Ltd declined from 21.3% to 18.7%.“This drop is painful, and you might be feeling frustrated, disheartened, or worried about Sea’s future,&nbsp;Do not fear: we are in a strong position internally, and we are clear on our next steps. This is short-term pain that we have to endure to truly maximize our long-term potential.”said&nbsp;Chief Executive Officer Forrest Li.Is it a buy or not a buy ?&nbsp;</body></html>","text":"For $Sea Ltd(SE)$the price had dropped quite substantially over the past 6 months (62%). It has lost more than half of its value during the past year. Many claim SE stock is still a strong sell because the current market climate isn’t very receptive to growth stocks. One key reason is because Tencent sold $3bn of it in early Jan. $TENCENT(00700)$sold the shares at $208 apiece, a discount of 6.9% to the previous close. 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