To The Moon

To be fair, $Sea Ltd(SE)$ is one for the future. However, as for all so called 'high growth' names, they were very popular during the era of 'easy money'. Those times are behind us now with all the inflation and the resulting quantitative tightening. 

In order to succeed, they need to stop chasingtop lines at the expense of bottom line. What is the point of growing revenue at the expenseof profit if there is no benefit to ROI. I believe management realised this, hence the shift towards reducing expenses etc.

Technical wise, they gapped up on results andcould be in a third wave but in my opinion, in view of macroeconomics, it will be some time before they make substantial gains on their share price. Long term investors may be rewarded but with so many companies on discount now, unless the company turns a profit soon orshow accelerated top and bottom line growth,share price might be range bound. 

Thanks for reading!