SG Huat
commented on
$Sea(SE.US$
CGS CIMB reiterate add with a higher tp of US$88 on a normalising competitive landscape for the ASEAN e-commerce industry.
1Q24 was a beat on both revenue and EBITDA as Shopee delivered +36% yoy GMV growth while Garena returned to positive growth, led by Free Fire.
They think Shopee can return to adj. EBITDA positive in 2Q24F, led by further commission hikes, cost reduction and higher live-commerce unit economics.
CGS CIMB reiterate add with a higher tp of US$88 on a normalising competitive landscape for the ASEAN e-commerce industry.
1Q24 was a beat on both revenue and EBITDA as Shopee delivered +36% yoy GMV growth while Garena returned to positive growth, led by Free Fire.
They think Shopee can return to adj. EBITDA positive in 2Q24F, led by further commission hikes, cost reduction and higher live-commerce unit economics.
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SG Huat
commented on
SG Huat
commented on
$GameStop(GME.US$ go up leh pls
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SG Huat
commented on
$GameStop(GME.US$ goodbye its was fun
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SG Huat
voted
$Sea(SE.US$ is releasing its Q1 2024 earnings on May 14 before the bell.
How will the market react to the company's quarterly results? Vote your answer to participate!
Rewards
● An equal share of 3,000 points: For mooers who correctly guess the price range of $Sea(SE.US$'s closing price at 16:00 PM ET May 14 / 4:00 AM SGT May 15 (e.g., If 30 mooers make a correct guess, each of them will get 100 points.)
Wanna forecast stoc...
How will the market react to the company's quarterly results? Vote your answer to participate!
Rewards
● An equal share of 3,000 points: For mooers who correctly guess the price range of $Sea(SE.US$'s closing price at 16:00 PM ET May 14 / 4:00 AM SGT May 15 (e.g., If 30 mooers make a correct guess, each of them will get 100 points.)
Wanna forecast stoc...
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SG Huat
commented on
$ZIM Integrated Shipping(ZIM.US$ come to papa
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SG Huat : $0.50 more better