The Return of $SE?
$Sea(SE.US$ is up 21% after market close. I’d like to hear your thoughts and opinions. How does their future look?
Sea Limited just released their earnings today and boy how the stock price reflected that. The main surprise is because their e-commerce branch (Shopee) just turned profitable for the first time ever.
It’s impressive that they executed this when they just promised the goal 2 earnings reports ago. The management accomplished this even when interest rates and current macro-trends are not in their favour.
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Ziet Invests : While the e-comm business is picking up, we should not forget Garena (their main cash cow) had significant decline in their Quarterly Active Users (QAU) and Quaterly Paying Users (QPU) - which traditionally “should” not be affected by economic headwinds since gamers will pay regardless of the economic condition.
Economic headwinds should impact their e-comm business once again in the coming quarters.
yokimOP Ziet Invests: What you've said is reasonable.
whqqq : I don’t recall them paying out dividends. Since they’re purely a growth stock.