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Sea Limited (Sea)
Tech
Sea's growth evaporates along with Southeast Asia's mobile boom
The company is likely to post a 5.8% y-o-y decline in sales for the December quarter when it reveals its results on Tuesday.
March 07, 2023
Tech
Singapore tech stock rout intensifies with US$110 bil wipeout
The MSCI Singapore Index is down 14% this year, with Sea holding the fourth-largest weighting at 8.4% and Grab at about 2%.
December 28, 2022
Tech
Singapore's Sea freezes salaries, cuts bonuses as tougher 2023 looms
Sea Ltd. fell more than 4% after founder Forrest Li announced it was freezing salaries for most staff and paying out lower bonuses
December 23, 2022
Broker's Calls
Broker's Digest: iFast Corporation, Sea, LHN, Kimly, Del Monte Pacific
See what the analysts have to say this week.
December 16, 2022
IPO
Star Southeast Asia unicorns see US$51 bil gone since listings
The Southeast Asian newcomers join a slump engulfing recently-listed Indian startups as investors question their high valuations.
December 13, 2022
Broker's Calls
Resilience and recovery the theme for top ten 2023 regional equity picks: DBS
DBS' top 10 regional picks for 2023 includes Singapore Airlines, CapitaLand China Trust, SEA Limited and ThaiBev.
December 07, 2022
Broker's Calls
Analysts cheer Sea's positive set of results for the 3QFY2022; CGS-CIMB upgrades to 'buy'
CGS-CIMB has also upped its TP to US$75 from US$61 previously.
November 16, 2022
Results
Sea reports net loss of US$569.3 mil for 3QFY2022, down 0.3% y-o-y
Sea’s chairman and group CEO Li says the company is seeking to achieve “self-sufficiency and profitability as soon as possible”.
November 16, 2022
Tech
Another Cathie Wood fund exits Sea after US$175 bil selloff
Sea Limited has plunged nearly 80% this year and is now trading near its pre-pandemic levels.
October 29, 2022
Broker's Calls
DBS remains positive on Sea as it sees e-commerce-led profitability in sight
The brokerage has, however, lowered its TP to US$100 with a bear-case TP of US$63.
October 21, 2022