DaveNg5144
2023-03-09

Ok

@BenjiFuji：
$Sea Ltd(SE)$ surprised many by beating estimates. Net income turned positive for the first time in the fourth quarter of 2022. Total net income for the fourth quarter of 2022 came up to $422.8 million, up from negative $616.3 million in the same period a year ago. However we need to be aware that this was due to massive cost cutting measures. On a positive note, the market read this positive and had a 20% surge in price. Plus the ability to cut costs to drive profitability can be read as a good sign compared to companies thatare dying at the top and bottom line and YET cannot cut. On the flip side, there is always a limit to how must you can cut. Someone has got to run thebusiness right? The top line for Garena is heading down fast also. Thus I am cautiously optimistic. Looking forward to more data before any decisions. Meanwhile, here is an interesting photo of SEA collaborating with Google. [Happy] How will aliens think of us? @TigerStars @CaptainTiger @MillionaireTiger
$Sea Ltd(SE)$ surprised many by beating estimates. Net income turned positive for the first time in the fourth quarter of 2022. Total net income for the fourth quarter of 2022 came up to $422.8 million, up from negative $616.3 million in the same period a year ago. However we need to be aware that this was due to massive cost cutting measures. On a positive note, the market read this positive and had a 20% surge in price. Plus the ability to cut costs to drive profitability can be read as a good sign compared to companies thatare dying at the top and bottom line and YET cannot cut. On the flip side, there is always a limit to how must you can cut. Someone has got to run thebusiness right? The top line for Garena is heading down fast also. Thus I am cautiously optimistic. Looking forward to more data before any decisions. Meanwhile, here is an interesting photo of SEA collaborating with Google. [Happy] How will aliens think of us? @TigerStars @CaptainTiger @MillionaireTiger

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