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re: Thoughts on SE

Posted on 7/1/20 at 9:31 am to
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11626 posts
Posted on 7/1/20 at 9:31 am to
quote:

earnings don’t seem to make a super compelling case


Follow the price trend if you are trading it. Earnings are mostly irrelevant as the narrative will shift to future growth.
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26654 posts
Posted on 7/1/20 at 9:37 am to
quote:

Total adjusted revenue was US$913.9 million, up 57.9% year-on-year from US$578.8 million for the first quarter of 2019


That's from their last quarter. All the market seemingly cares about is revenue growth
Posted by hiltacular
NYC
Member since Jan 2011
19958 posts
Posted on 7/1/20 at 9:55 am to
It is primed to become the leader in gaming/ecommerce/epayments in a massive market that is still in the early stages of these categories. They are spending a ton to gain customers hence the lack of profitability but it is key for them to beat out BABAs Lazada which is the only real competitor. Just needs to continue to show 30/40% growth yoy

The possibilities are endless with this company, it could truly be $1000+ in a few years. MELI/BABA/AMZN/TCEHY/SHOP combo.
Posted by cgrand
HAMMOND
Member since Oct 2009
43179 posts
Posted on 7/1/20 at 12:14 pm to
new all time high today above 116
quote:

7/01/20 Stephens & Co. Initiates Coverage On Overweight 130.0 PT
Posted by cgrand
HAMMOND
Member since Oct 2009
43179 posts
Posted on 7/2/20 at 7:13 am to
buying momentum in SE.
120 is possible today, with no resistance overhead
Posted by leoj
Member since Nov 2010
3106 posts
Posted on 7/2/20 at 9:33 am to
Yes. Look at the Ev/Sales and the forward rev growth, then compare to any other growth stock. It’s top notch and probably still undervalued.
Posted by cgrand
HAMMOND
Member since Oct 2009
43179 posts
Posted on 7/8/20 at 10:14 am to
125
Posted by cgrand
HAMMOND
Member since Oct 2009
43179 posts
Posted on 7/8/20 at 4:52 pm to
128
Posted by LSURN98
Jupiter
Member since Oct 2019
448 posts
Posted on 7/9/20 at 11:50 am to
Bought more today in the dip
Posted by leoj
Member since Nov 2010
3106 posts
Posted on 7/9/20 at 4:15 pm to
Was going to say, right now this stock is almost an auto buy on any red day.
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