SEA crashing down on investors!
Taking a close look at SEA earnings report shows that it's a mixture of good and bad news.
-ve : Mobile gaming business further deteriorated for the 5th quarter as digital entertainment buzz during Covid peak are winding down. Consumers are spending more time outdoors now as Covid restrictions are lifted and hence the spending on games reduced.
Neutral : Shopee revenue actually grew by 21% to 2.1bil. However, it has fallen short of analyst expectation of 2.25bil. Personally, I do think that the e-commerce business is still doing fairly well.
+ve : Financial services segment has done pretty well and revenue was upped over 53%. For see MariBank will further aid in this segment performance in the quarters to come.
Overall, it's not too bad an earnings result in my opinion. However, as investors become more cautious in this weakening of macro economy, any slight negativity spotted in earnings announcement will likely create an avalanche in share prices. So dear investors, please invest safe!
@CaptainTiger @Daily_Discussion @TigerStars @MillionaireTiger
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这是这个赚钱季节的趋势。不管收益有多好，股票在收益后都会下跌。
Really sorry for the investors. RIP 🕯️
So SE pulled out of India? The fastest growing economy in the world with positive demographics and huge potential. Makes sense.
Missed the top and bottom line and guided lower next quarter.
One of the truly great bubble stocks