I hope you have a good trading day. Is it time for SEA to fall? The answer probably: No. Why? So far, SEA has been acting unpredictably. No one can say for sure how and when it can rise or fall. Some expertise believe this is because the stock is controlled by internal investors.$Sea Ltd(SE)$
$Sea Ltd(SE)$ Sea’s HQ is in Singapore… I wonder why so many fools here keep quoting the fact that Tencent is a shareholder. Garena is HQ’d in Singapore. Shopee is operating mainly in Southeast Asia. The Shopee Digital Bank license was granted by the Monetary Authority of Singapore. Having a massive investor is only a benefit, not some stupid racist fallacy these idiots keep spewing.$Sea Ltd(SE)$
Writing from Singapore. 🇸🇬 SEA is market leader in e-commerce, Shopee, here and in a number of South East Asian countries (700 million population). Their execution is consistently very good. 👍👍👍 Recently, SEA has received Singapore Government's approval for digital wallet payment, so their growth direction looks very promising. 💎✨💐 $Sea Ltd(SE)$
Won’t come as a shock - my July account contribution just went to $Sea Ltd(SE)$ . For a business not based in China, doing no business in China - this feels like a good place to add. Time will tell as always
Another indicator of SEA's growth. They need more space in Singapore due to growth. "Sea Ltd expected to lease majority of office space in Rochester Commons" - "SEA Limited - the parent company of e-commerce player Shopee, games developer Garena and digital financial services provider SeaMoney - is expanding its physical footprint in Singapore, in tandem with its business growth."$Sea Limited (SE)$
$(BABA)$ is the one, if anyone wants to buy $(SE)$ Asia company. They got $170 B revenue and everyone knows and compete with this. Only issue is Chinese govt. I will own BABA anytime than this Tencent subsidiary.
How much is $SE worth in a world without ultra-loose monetary policy from FED? I say $150 (which is 3x pre-COVID). It took $BABA almost 4 years to double its share price (~$200) since its IPO. Well, even if $SE outperforms $BABA…… and that’s a big if! $Sea Ltd(SE)$
The 1000+ new job positions in past 4 weeks is due to SEA's hypergrowth and will show up in skyrocketing revenue. Hyper-hiring is an early indicator of revenue numbers. This will show up in Quarterlies. There price targets are going to jump up in August.$Sea Ltd(SE)$
$Lucid Group Inc(LCID)$ If all the bulls post the screenshot of their lcid holdings....all the bears will be scared to death.....Let's make it a trend until monday morning so we can carry the strong momentum to monday...