Sea Limited

The bigger the fall, the stronger the recovery for Singapore market: Credit Suisse - THE EDGE SINGAPORE

Investing ideas

The bigger the fall, the stronger the recovery for Singapore market: Credit Suisse

While some sectors in the Singapore economy have taken a beating, Credit Suisse believes this is a prelude to a strong recovery.

Broker's Calls

No near-term impact on incumbent banks following digital licence announcement: analysts

The primary target for the DBs is the underbanked in Singapore.
Sea gets a 'buy' from DBS, despite net loss of US$420.6 million in 3Q2020 - THE EDGE SINGAPORE

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).
Sea ups the ante with stronger-than-expected 3Q20 results: CGS-CIMB - THE EDGE SINGAPORE

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.
Sea Group reports net loss of US$425.6 million in 3Q2020 despite stronger performance of digital entertainment and e-commerce segments - THE EDGE SINGAPORE

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
Sea and IMDA to create 500 tech job opportunities in partnership - THE EDGE SINGAPORE

Tech

Sea and IMDA to create 500 tech job opportunities in partnership

The programme will benefit 500 Singaporeans comprising 400 entry-level and 100 mid-career jobseekers.

Broker's Calls

DBS upgrades Sea to 'buy' after the stock beat even 'the most bullish expectations'

DBS Group Research analyst Sachin Mittal has upgraded his recommendation on the stock to “buy” from “sell” with a revised target price of US$183 ($249.96), more than double the previous target price of US$72.50.

M&A

Sea’s pandemic surge is currency for some bold M&A

The time is right for Sea Ltd to make M&A moves, to plug holes in its product offering, writes Tim Culpan for Bloomberg.

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

Results

Sea's 3Q losses widen to US$133 mil on higher costs and expenses

SINGAPORE (Nov 22): Sea, the Singapore-based online entertainment and gaming firm formerly known as Garena, announced 3Q17 ended Selosses doubled to US$132.7 million ($179.8 million) from a loss of US$65.6 million in 3Q16.
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