$Sea Ltd(SE)$has to turn its attention from expansion to profitability. After SEA removed its guidance for revenue growth of its e-commerce arm Shopee, sinking investor confidence may lead its share price to retest its June lows below $70.

Once our national pride and the largest company by market capitalisation listed on our local bourse at the onset of COVID-19 pandemic, when its digital gaming and e-commerce attracted numerous users stuck at home and expanded rapidly, its lead position on SGX has since been surpassed, with its custome base shrinking amidst tightening macro environment and increasing competition.

The company needs to continue to innovate and stay relevant post COVID to retain customers and attract new users on its platforms, while at the same time contains its surging costs by avoiding over-expanding its footprint globally and focussing on gaining profitability.

Hopefully, the company is able to reinvent itself and successfully turn around in the longrun.

@TigerEvents@TigerStars@TigerWire@MillionaireTiger@CaptainTiger

# Will Sea continue to go up as TikTok shuts shop?

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  • VivianChua
    ·2022-08-17
    Better soon💚💚💚
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    • pekss
      Indeed, better recover sooner than later
      2022-08-17
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  • winwin123
    ·2022-08-17
    There is no more blue ocean at the business segments tt Sea Group is occupying currently.
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  • WendyDelia
    ·2022-08-17
    Yeah, dont buy it now. It's considered to be a Chinese stock somehow. We should refer to YINN.
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  • AaronJe
    ·2022-08-17
    Yeah, I think this stock should make some changes
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  • PandoraHaggai
    ·2022-08-19
    Let's give SE a little more time, it will surprise us.
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  • DonnaMay
    ·2022-08-19
    SEA's profitability is a concern for many.
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  • Dyo
    ·2022-08-18
    buy and hold till 2025
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  • eveev
    ·2022-08-18
    Good article
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  • CA70
    ·2022-08-18
    k
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  • NVJV
    ·2022-08-18
    oo
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  • kk__soh
    ·2022-08-17
    Bear?
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    • pekss
      I believe so, but hope the share price will recover over time as the company becomes profitable
      2022-08-17
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  • franklinchin
    ·2022-08-17
    yes
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  • DiAngel
    ·2022-08-17
    yup
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  • aunteenat
    ·2022-08-17
    interesting
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  • ws916
    ·2022-08-17
    [smile]
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