After Q3 earnings, $Sea Ltd(SE)$ jumped 36% last night and gave investors confidence.
Investors' sentiment on Sea shifts after the not-bad earnings.
What's your target prices for Sea after Q3 earnings?
Are your Sea holdings above SEA levels after 36% jump?
Will $Sea Ltd(SE)$ be reducted by $TENCENT(00700)$ after it divested $JD.com(JD)$ and $Meituan(03690)$ ?
Every post above 50 characters will get at least 50 coins~
My guess is that it will drop for a while when traders take profit. After the drop, can expect SEA to trade in the range of USD 50-60 while the market awaits for better news or even the Q4 results. If indeed SEA can deliver its promise, it may start to go up even more when the Q4 results are out. As I'm vested in SEA, I wish that the worst is already over and hopefully it will start moving up again.
let's look at Sea's cost cutting and their focus on the path to profitability
$Sea Ltd(SE)$ Bearish SEA Ltd's management prioritizing on growth previously has seen the company's gross profit up 188% year over year for fiscal year 2021 mainly driven by the growth in Shopee, their online marketplace arm. The price of this expansion did not come cheap, at the cash burn rate of $800 million a quarter to be exact. With impending slowdown in the world's economy outlook. The management has taken a stance to pivot the company towards self sufficiency while growth take a back seat. Here we look at some of the major cost cutting measures the management has taken, starting off with top management deciding they will forgo any cash compensation until the group turns self sufficient. It was also reported the company has lay off about 10% of the workforce alongside with the winding down of Shopee operations in Latin America, this is followed sh
(21/11) 🔥Grinder Inc. (GRND) Rockets 🚀 High Of $71.51
$GRINDR INC(GRND)$ Under its new ticker GRND, the company began trading on the NYSE at $16.90 per share on Friday, leaping to a high of $71.51 during the session. Share value more than doubled to $36.50 when the market closed. Grindr CEO George Arison, who is about a month into the job, has been quick to cite the debut as a reflection of broader inclusion of LGBTQ people, both within finance and more broadly. "It's a pretty incredible thing that the company whose primary user base is gay and bisexual men, built by and for the LGBTQ population, with an employee base that is heavy in that cohort of the population as well, is now going public," Arison said. "It's not something that would not have happened 20 years ago, probably wouldn't have happened even 10 years ago." He said on CNBC's "Squawk on the Street" Friday about an hour after representatives from the company rang the opening bell that the small volume of shares available and inte
🌊 $Sea Ltd(SE)$ have been rather popular recently after releasing its Q3 earnings so I decided to do some research on it using the Wall Street Journal (WSJ) and Yahoo Finance (YF). (1) WSJ Q4 2022 and Q1 2023 earnings per share (EPS) are expected to be higher than Q3. EPS in FY2023 and FY2024 are expected to be higher than FY2022. (2) YF EPS in FY2023 are expected to be higher than FY2022. Revenue for FY2023 are also expected to be higher than FY2022 but year-on-year sales growth is expected to decline from 21.7% to 14.6%. Growth estimates for Q3 was -31.0% and projection for Q4 is 18.8% BUT no industry/sector/S&P500 comparisons were provided. (3) 🌊SE stock history: It exploded in 2020 and reached a high of 372.70 in 2021💥🐂💥🐂 Ever since then, it has been on a downward trend all the way reaching a 52-Week low of 40.66🪨🪨🪨and closing at 56.94 on 18/11. (4) YF reported a range of analysts that all
$Sea Ltd(SE)$ BearishBearish Once they want to normalize profit in e-commerce division, gmv will go down. No matter what, they still need time to make positive in EPS however whether the market have enough patience is the point.
$Sea Ltd(SE)$ I don't have this stock on my portfolio. One of the organization under Sea Ltd is Shopee which has been a very popular online shopping platform among Malaysians for the past few years due to the at times ludicrous deals with the super-user friendly coin cashback, free-shipping and jaw-dropping discounts. This might be one of the reasons they were not profitable until recently where they reviewed their policies. Nevertheless, this is not a niche that I'd like to include in my portfolio so Thank You, Next [Sly]
$Roku Inc(ROKU)$ Roku: $605 per share by 2026 Roku is the most popular streaming platform in the world, both in terms of devices and viewing time. In fact, Roku holds nearly twice as much market share in both categories as the next closest competitor. That makes Roku a valuable advertising partner, and it monetizes brand relationships with OneView, an ad tech platform that allows marketers to run targeted cross-channel campaigns on connected televisions (CTV), desktops, and mobile devices. Unfortunately, many brands have cut their ad budgets due to softening demand as people continue to battle high inflation, and that trend hit Roku hard in the third quarter. Revenue rose just 12% year over year to $761 million, and the company posted a GAAP loss of $0.88 per share, down from a profit of $0.48 per share in the same period last year. But investors shouldn't read too much into those results. Roku's still growing faster than several other a
$Sea Ltd(SE)$ price is under the sea after rapid interest rate hikes and $Tencent Holding Ltd.(TCEHY)$ reduced its holdings in Jan this year. se has made radical changes to bail water out of its sinking ship, even to the extent of not getting paid until the ship is above water. in my opinion, there are much better stocks available if you haven't invest in se yet. companies that are profitable and much more well known globally and well diversified. if you are already vested, let's take a look at the pnf chart. it has bounced off a support at 40 region. and has reached its resistance zone at 65 region. with fed hawks hovering around the stock market egging on $US2Y(US2Y.BOND)$ to rise, upside will be limited. likely to cover gap up at 51.34 as the broad market santa rally takes a
$Sea Ltd(SE)$ SEA is a high risk high reward kind of stock to me. I am excited that its share price has shot up recently by 36% when SEA released its 3Q22 earnings report. Wall Street Analysts have given SEA a Moderate Buy Rating with a median target price of 160.60 in the next 12 months. I am very impressed with Sea's management laser focus on profitability and the fact that they will not want to be paid until the company turns profitable. It shows their sincerity and alignment of interests with their shareholders. SEA comprises of 3 business segments. They are digital entertainment under Garena, ECommerce under Shopee and Digital payments under SEA money. So far Garena has been profitable but not the other 2 segments. However SEA management has committed to turnaround the other 2 segments to be profitable in 2023. The good thing about SEA is that they have USD 7.3 bil
$Sea Ltd(SE)$ 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 pric
$Sea Ltd(SE)$ Well I'm not into this stocks eventhough the price is quite low for now but iwill reconsider if it will dip to $50 i know it is impossible to happen but who knows what will happen in the near future✌️🍀❤️