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Posted on 7/1/20 at 9:37 am to wutangfinancial
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 on 7/1/20 at 9:55 am to cgrand
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.
The possibilities are endless with this company, it could truly be $1000+ in a few years. MELI/BABA/AMZN/TCEHY/SHOP combo.
Posted on 7/1/20 at 12:14 pm to hiltacular
new all time high today above 116
quote:
7/01/20 Stephens & Co. Initiates Coverage On Overweight 130.0 PT
Posted on 7/2/20 at 7:13 am to cgrand
buying momentum in SE.
120 is possible today, with no resistance overhead
120 is possible today, with no resistance overhead
Posted on 7/2/20 at 9:33 am to hiltacular
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 on 7/9/20 at 4:15 pm to LSURN98
Was going to say, right now this stock is almost an auto buy on any red day.
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