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Garena
Broker's Calls
Smooth sailing ahead for Sea as gaming and e-commerce arms experience strong 4Q20
CGS-CIMB analysts are positive on SEA after a strong 4Q2020, mainly due to Garena and Shopee
March 10, 2021
Results
Sea Limited goes deeper into the red with FY20 net loss of US$1.62 bil despite 101.1% surge in total revenue
On a fully diluted basis, loss per share for the FY2020 and 4QFY2020 came in at US$2.78 and 87 US cents respectively.
March 02, 2021
Broker's Calls
Is Sea Group's peak growth over, asks DBS
DBS Group Research has downgraded its call on technology firm Sea Group from “buy” to “hold”, at a revised target price of US$233.
January 15, 2021
Broker's Calls
Sea gets a 'buy' from DBS, despite net loss of US$420.6 million in 3Q2020
DBS is maintaining its ‘buy’ call on technology firm Sea Group, at a revised target price of US$204 ($274.70).
November 19, 2020
Broker's Calls
Sea ups the ante with stronger-than-expected 3Q20 results: CGS-CIMB
For Garena, CGS-CIMB forecasts its revenue bookings to grow 100% y-o-y in 4QFY2020 to US$953 million.
November 18, 2020
Results
Sea Group reports net loss of US$425.6 million in 3Q2020 despite stronger performance of digital entertainment and e-commerce segments
Sea Group is is raising guidance for both digital entertainment and e-commerce for FY2020
November 17, 2020
Startups, Entrepreneurs, Digital economy
Sea is in troubled waters
With a stock price that is 30x FY2019 revenue, is Sea, the creator of Free Fire mobile game, nothing but a one-trick pony?
October 09, 2020
Broker's Calls
CGS-CIMB ups Sea Limited's target price on sustained growth
Shares in Sea Limited closed US$167.42 on Oct 7.
October 08, 2020
Broker's Calls
SEA rises strongly on Covid-19 tide though profits remain elusive
Tech stocks continue to profit from Covid-19 lockdown measures, as SEA Ltd reported strong adjusted revenue growth of 93.4% y-o-y and 40.8% q-o-q. Despite still forecasting a net loss of US$1.418 billion ($1.94 billion) in December 2020, CGS-CIMB analys
August 19, 2020
Broker's Calls
Ride the new economy wave with SEA, says CGS-CIMB
The Covid-19 pandemic will help drive SEA Group's digital economy businesses.
August 14, 2020