$Sea (SE.US)$ CGS CMB reiterate their add call with a tp of ...

bullrider_21 commented on a stock · May 8, 2023 23:04

CGS CMB reiterate their add call with a tp of US$105.

They think SE could report an earnings beat for 1Q23F as it continues its strong cost-efficiency execution post a rapid turnaround to a profit in 4Q22.

Competitive landscape for Southeast Asian e-commerce industry remains healthy with players focusing on raising monetisation while trimming costs.

FY23F is a year of "fine-tuning" for SE as it looks to drive sustainable topline growth and profitability.

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