To The Moon

Sea Limited $Sea Ltd(SE)$Second-quarter results will be released on August 16 as sentiment towards unprofitable growth stocks has improved significantly. We are also confident that SE has bottomed out and rebounded.

Given the macro headwind, investors need to analyze management comments on whether Shopee's view of adjusted EBITDA profitability is still on track.

Nevertheless, it should be noted that the market seems ready to overcome recent headwinds, boosting buying support for stocks such as SE, which require long-term attention.

Sea Limited (NYSE: SE) will release its highly anticipated second-quarter results on Aug. 16 as a worsening macro headwind has hit its e-commerce and gaming peers.

However, we noted that SE held firmly to its May low as strong buying support supported its consolidation zone. Therefore, we believe that even the relatively depressed print in the second quarter may not have a significant impact on the market, as the market looks forward to the future. Moreover, given that SE has been hit hard since its peak in November 2021, the damage seems to be almost complete because it has been reversing.

Coupled with the market sentiment that we think is more constructive for unprofitable speculative stocks, SE looks ready to rerate as its long-term growth story remains the same. Nevertheless, a positive Q2 card that indicates that Shopee continues to improve operational efficiency will be very helpful to further boost market sentiment and help SE gain further purchase support.

As a result, i think SE to be a speculative buy or else if you already have the stock keep holding .

@TigerStars@Daily_Discussion@Tiger_Earnings