SE - Sea Limited ADR

[rohitc99]

Approved for digital banking license in Singapore. Stock back to tiger by the tail mode.

can you expand more on what you mean by 'stock back to tiger by the tail mode' ?

[rkbabang]

Approved for digital banking license in Singapore. Stock back to tiger by the tail mode.

can you expand more on what you mean by 'stock back to tiger by the tail mode' ?

I assume he means that it is up almost 10% just today and is hard to catch a good price.

[Gregmal]

Yea. Very volatile and not as liquid as you'd expect a $100B company to be.

[rohitc99]

Yea. Very volatile and not as liquid as you'd expect a $100B company to be.

thanks

[formthirteen]

P/S 23.98. This is one of those stocks that I've forced myself to buy multiple times I call this a bubble. When will the music stop?

[Gregmal]

Not advice, but simply what I try to do; trade your way into a bit of a cushion. Everyone is always worried about the bubble bursting. The earlier you get in, the better, then just manage it and derisk as you go. Bubble could burst today and in something like CRSP for instance, I could lose everything Ive got currently in the name and still have nearly 7x my initial investment. Take the initial stake(ideally a smallish sized position), trim aggressively until you recoup your capital, and buy the dips with discipline. Worst thing that happens is you lose your allocation if it goes to 0. SE aint going to 0.

[valueinvestor]

P/S 23.98. This is one of those stocks that I've forced myself to buy multiple times I call this a bubble. When will the music stop?

Just to cherry-pick your post.

Other than regulation - Singapore and South East Asia countries are much more swift with policy changes for the people. I find P/S almost as useless as SSS - as it's an oversimplification.

Ironically, let me explain via oversimplification  -

Consider a 20B company generating 1B in revenues - 20x sales.

If it's highly innovative and has great economics that becomes greater over time, then I think we can say it's net margin could be 60%. Especially considering large tech sporting 20-30% net margins.

Only a 33x P/E. At 40% net margins - 50x earnings. At 20% net margins - 100x earnings. For a business that's growing 100% y-o-y, you can decide what's fair. Of course, they're buying their sales but they are paid back in full within months.

Here's an interesting take from a local.

https://seekingalpha.com/article/4391750-shopee-perspective-from-indonesia

[arcube]

Excellent piece.

P/S 23.98. This is one of those stocks that I've forced myself to buy multiple times I call this a bubble. When will the music stop?

Just to cherry-pick your post.

Other than regulation - Singapore and South East Asia countries are much more swift with policy changes for the people. I find P/S almost as useless as SSS - as it's an oversimplification.

Ironically, let me explain via oversimplification  -

Consider a 20B company generating 1B in revenues - 20x sales.

If it's highly innovative and has great economics that becomes greater over time, then I think we can say it's net margin could be 60%. Especially considering large tech sporting 20-30% net margins.

Only a 33x P/E. At 40% net margins - 50x earnings. At 20% net margins - 100x earnings. For a business that's growing 100% y-o-y, you can decide what's fair. Of course, they're buying their sales but they are paid back in full within months.

Here's an interesting take from a local.

https://seekingalpha.com/article/4391750-shopee-perspective-from-indonesia

[Gregmal]

52 Week high and they tap the equity markets.

[valueinvestor]

and the flywheel continues