Shares & Derivatives
SEA Limited – Would I buy this stock at $169?
By Financial Horse  •  October 10, 2020
Channel News Asia ran an article this week on how “Singapore’s Sea is world’s best performing stock. And it can do better”. A lot of readers have also asked that we do a piece on Sea Limited, and it’s easy to see why given the one year chart below. This stock has gone from $50 in March to $169 as at today, an unbelievable increase. In fact, its market cap today of US$80 billion is double that of DBS, and triple that of Singtel. Crazy stuff right? What is SEA? – Garena, Shopee and SeaMoney Some of the older gamer will know of SEA by its previous name, Garena. Sea operates three key businesses:
  • Garena (gaming),
  • Shopee (eCommerce), and
  • SeaMoney (Fintech).
There’s a great description of each arm from their Annual Report:
  • Our digital entertainment business, Garena, is a global game developer and publisher with a significant presence in Southeast Asia,
...
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By Financial Horse
Financial Horse was founded with a simple goal – To provide high quality financial commentary, in plain English. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse aims to demystify financial investments.
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