See the blogpost on MSFT
https://www.channelnewsasia.com/news/commentary/sea-limited-group-garena-shopee-stock-share-price-market-cap-13220044
https://www.fool.com/investing/2021/01/14/4-reasons-i-bought-sea-limited-stock/
… are two 2021 articles on Sea Limited. I think this is a typical hot tech stock.
- appearance of diversified, but many failed companies were diversified too.
- appearance of deep cash pile, but not deep when valued using the price2bookValue model
Surely there are many promising signs, but thousands of businesses have positive signs, and most of them don’t make enough money to justify the valuation. I want to remain cool-headed and skeptical about its losses though they are improving.
- CDY 0%
- analyst 96% buy. May 2022 $140 https://money.cnn.com/quote/forecast/forecast.html?symb=SE