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Sea Limited
Tech
Singapore's Sea is said to eye sale of Phoenix Labs to cut costs
Sea has lost more than US$160 billion of its market value since October 2021 on questions about its money-making prospects.
January 25, 2023
Broker's Calls
UOBKH initiates 'hold' on Sea with TP of US$58.77
The analysts remain doubtful that the Sea's cost rationalising exercise could continue to improve profitability.
December 14, 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
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
Aletheia Capital initiates 'sell' call on Sea Limited with TP of US$40
Among the recommendations on Bloomberg for Sea, Aletheia Capital is the only brokerage to give the counter a “sell” call.
October 27, 2022
Tech
Sea's retail arm pulls out of Argentina in Latin America retreat
Latin America is Sea’s most important region after Southeast Asia, accounting for almost 19% of its revenue in 2021.
September 09, 2022
Tech
Asia hedge funds scoop up Alibaba, Sea after stock rout
The number of Alibaba shares held by the Asia-focused funds increased 311% during the period, while that of Sea jumped by 110%.
August 22, 2022
Zest
Consortiums led by Grab-Singtel and Sea among digital bank licence awardees in Malaysia
BNM has announced the five successful applicants for the digital bank licenses which include names such as Grab, Singtel and Sea.
April 29, 2022
Tech
A $96.3 bil plunge in the share prices of Grab and Sea Limited casts doubt on Singapore's new economy aura
On this, analysts have yet to cut target prices; they expect a return of at least 68% on both stocks over the next 12 months.
April 04, 2022
Broker's Calls
With Shopee in 16 regions, DBS Group Research sees 95% upside for Sea
Sea offers a 54% e-commerce revenue compound annual growth rate over FY2021-2023, higher than any other major e-commerce player.
February 24, 2022