$Sea(SE.US$
Morgan Stanley upgraded Sea Limited to Overweight from Equal Weight with a price target of $70, up from $65.
The firm says its upgrade reflects higher conviction in its 2024 base case given year-to-date momentum and "relatively rational competition" in e-commerce. Given Shopee's market share trend, GMV growth, improving unit economics, competitor moves on commissions, and the management outlook, the firm argues t...
Morgan Stanley upgraded Sea Limited to Overweight from Equal Weight with a price target of $70, up from $65.
The firm says its upgrade reflects higher conviction in its 2024 base case given year-to-date momentum and "relatively rational competition" in e-commerce. Given Shopee's market share trend, GMV growth, improving unit economics, competitor moves on commissions, and the management outlook, the firm argues t...
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$Sea(SE.US$ 70’s are in play very soon. I dunno maybe a week or two.
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$MYEG(0138.MY$
MyEG (MYEG, 0138, Main Board Technology Stock) and Zetrix Foundation signed a Memorandum of Understanding (MoU) with MaiCapital, a virtual asset manager in Hong Kong, to discuss cooperation to launch a virtual asset fund or an exchange index fund (ETF) mainly based on Hong Kong virtual assets.
According to the statement, the MOU will focus on co-issuing ETFs approved by the Hong Kong Securities Regulatory Commission (SFC), including Bitcoin (Bitcoin) and Zetrix coins, as well as other suitable cryptocurrencies.
Hopefully, this is also why the company's stock price has risen sharply; at one point, it reached a high of 91 cents.
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. The author and related participants are not responsible for any loss or damage resulting from the use or reliance on the information contained in this article.
MyEG (MYEG, 0138, Main Board Technology Stock) and Zetrix Foundation signed a Memorandum of Understanding (MoU) with MaiCapital, a virtual asset manager in Hong Kong, to discuss cooperation to launch a virtual asset fund or an exchange index fund (ETF) mainly based on Hong Kong virtual assets.
According to the statement, the MOU will focus on co-issuing ETFs approved by the Hong Kong Securities Regulatory Commission (SFC), including Bitcoin (Bitcoin) and Zetrix coins, as well as other suitable cryptocurrencies.
Hopefully, this is also why the company's stock price has risen sharply; at one point, it reached a high of 91 cents.
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. The author and related participants are not responsible for any loss or damage resulting from the use or reliance on the information contained in this article.
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$Sea(SE.US$ can anyone confirm a) if Shopee started advertising like Amazon ads b) if Free Fire severs being setup in India ahead of release back in India.
Any insights will be appreciated
BTW J&T reported 55% parcel volume pickup in Q1 over last year. What if Shopee saw similar pickup! Shorts will be roasted alive!
Any insights will be appreciated
BTW J&T reported 55% parcel volume pickup in Q1 over last year. What if Shopee saw similar pickup! Shorts will be roasted alive!
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$Sea(SE.US$
Loop Capital upgraded Sea Limited to Buy from Hold with a price target of $92, up from $59.
The stock's valuation pressure the last two years is mainly because of aggressive competition and share loss to TikTok $ByteDance(FT0001$ , the analyst tells investors in a research note.
However, the firm says the recent announcement of a commission rate increase by the combined TikTok-Tokopedia, its...
Loop Capital upgraded Sea Limited to Buy from Hold with a price target of $92, up from $59.
The stock's valuation pressure the last two years is mainly because of aggressive competition and share loss to TikTok $ByteDance(FT0001$ , the analyst tells investors in a research note.
However, the firm says the recent announcement of a commission rate increase by the combined TikTok-Tokopedia, its...
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$Sea(SE.US$ for those that have patience, this will go back above 100$ and for sure even more (in longer timeline).
The downward forces from gaming have finished and their geographical focus and the 2 strong segments (leaving aside gaming) have tremendous growth and profitability potential.
One of the few very sure bets, but it requires patience, as said before.
The downward forces from gaming have finished and their geographical focus and the 2 strong segments (leaving aside gaming) have tremendous growth and profitability potential.
One of the few very sure bets, but it requires patience, as said before.
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