This price is excessive
$Sea(SE.US$ It is the only profitable internet company in Southeast Asia. The market capitalization has almost fallen to the same level as Grab and Toko
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Tuziya55555 : The financial report is too bad, there's nothing you can do
103023683 Tuziya55555 : This brother didn't read the financial report
韭菜特别香 OP Tuziya55555 : It's not that bad
Tuziya55555 韭菜特别香 OP : If you sell stuff on Shopee, you know that now their services are getting worse and worse, fees are getting higher and higher, and many merchants are running away
韭菜特别香 OP Tuziya55555 : The problem is that he is not only making money, but is also growing, even though the growth rate is slowing down. If you know the current market environment in Southeast Asia, you know that unprofitable companies can't hang up any day. I'll buy a little more and check it out.
Tuziya55555 韭菜特别香 OP : It depends on your luck or not.
GbbY : Grab is $3, turning profitable too.
韭菜特别香 OP GbbY : 1/6 of se's revenue. 500M revenue with 250M net loss in Q1. i don see how it is turning profitable soon. Btw we value a company by market capital not by per share price.