A sequel to my older post “The Death of $SE”
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.
$SE is up 21% after market close today. I’d like to hear your thoughts and opinions. How does their future look?
Leave a Reply