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$Sea (SE.US)$
A return to profitability in e-commerce for Sea has analysts turning even more bullish on its stock after a rally that has added USD43 billion (SGD57.60 billion) to its market value so far this year.
At least 7 firms, including Morgan Stanley and Deutsche Bank, have raised their price targets for Sea's US-listed shares since its earnings report earlier this month. The consensus view calls for another 7% rise over the next...
A return to profitability in e-commerce for Sea has analysts turning even more bullish on its stock after a rally that has added USD43 billion (SGD57.60 billion) to its market value so far this year.
At least 7 firms, including Morgan Stanley and Deutsche Bank, have raised their price targets for Sea's US-listed shares since its earnings report earlier this month. The consensus view calls for another 7% rise over the next...
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$Sea (SE.US)$
In a statement to Tech in Asia, a SeaMoney spokesperson said the reduction affected “a small number of roles on one team.” The move is also part of the company’s “regular review of business operations” to maximize efficiency.
SeaMoney did not specify the exact number of retrenched employees, but it said that all were given a 14-working-day notice period in accordance with Indonesian regulations.
In the first quarter of 2023, Sea Group recorded its s...
In a statement to Tech in Asia, a SeaMoney spokesperson said the reduction affected “a small number of roles on one team.” The move is also part of the company’s “regular review of business operations” to maximize efficiency.
SeaMoney did not specify the exact number of retrenched employees, but it said that all were given a 14-working-day notice period in accordance with Indonesian regulations.
In the first quarter of 2023, Sea Group recorded its s...
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1 month ago, everyone thought $Manchester United (MANU.US)$ will be changing owners pretty soon.
Fast forward to today, even after the recent quarterly results are out, the Glazers are not out from the club, yet.
Results were lackluster, and there is no way that owning Manchester United is for-profit purposes.
Here are some key points from Manchester United's Q3'23 results.
1. Marginal growth in revenue for 9M'23
Even though it has been...
Fast forward to today, even after the recent quarterly results are out, the Glazers are not out from the club, yet.
Results were lackluster, and there is no way that owning Manchester United is for-profit purposes.
Here are some key points from Manchester United's Q3'23 results.
1. Marginal growth in revenue for 9M'23
Even though it has been...
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$Sea (SE.US)$ Any hope for up coming market?
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Stock prices of $Manchester United (MANU.US)$ has jumped up again.
Manchester United's share price has been volatile ever since it was allegedly opened up for sale by the current owners - The Glazers.
The saga of Manchester United changing ownership has been one of the longest-running takeover news ever since news surfaced a few months ago.
Now that the saga is allegedly coming to an end, what entail to current shareholders or potential advantage takers?
1. Qatari...
Manchester United's share price has been volatile ever since it was allegedly opened up for sale by the current owners - The Glazers.
The saga of Manchester United changing ownership has been one of the longest-running takeover news ever since news surfaced a few months ago.
Now that the saga is allegedly coming to an end, what entail to current shareholders or potential advantage takers?
1. Qatari...
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Last week's most important AI news:
1. Retail investors join the AI craze
2. Institutions: from the valuation, AI stocks are not on the bubble
3.Salesforce AI Day Is Coming. Here's What to Expect
4.AMD wants to pick NVIDIA "AI crown"? Algorithmic chip "a good show" will be staged
5.Looking ahead to this week's AI company's earnings lineup: adobe, Oracle
Retail investors join the AI craze
A new report released by research firm Vanda Re...
1. Retail investors join the AI craze
2. Institutions: from the valuation, AI stocks are not on the bubble
3.Salesforce AI Day Is Coming. Here's What to Expect
4.AMD wants to pick NVIDIA "AI crown"? Algorithmic chip "a good show" will be staged
5.Looking ahead to this week's AI company's earnings lineup: adobe, Oracle
Retail investors join the AI craze
A new report released by research firm Vanda Re...
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The rise of the Japanese stock market has pushed the $Nikkei 225 (.N225.JP)$ close to its highest level in over 30 years.
With earnings growth, stock buybacks, and still relatively low valuations attracting buyers, this year's upward trend is expected to continue, with Wall Street predicting another 10% rise without any problem.
According to Lyon Securities and Monex...
With earnings growth, stock buybacks, and still relatively low valuations attracting buyers, this year's upward trend is expected to continue, with Wall Street predicting another 10% rise without any problem.
According to Lyon Securities and Monex...
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Columns Alibaba - Headwinds still there
A day after Tencent's results, we now look at $Alibaba (BABA.US)$ $BABA-W (09988.HK)$.
All I can say from big picture, is that Alibaba is facing a different set of challenge.
Where Tencent has swiftly shown recovery and improvements, Baba's struggles are different.
Here are some notes to take note of.
1. Total revenue is up 2% YoY only
Although there are bright growth sparks for International commerce, local consumer services, and Cainiao, it was all offset by a drop...
All I can say from big picture, is that Alibaba is facing a different set of challenge.
Where Tencent has swiftly shown recovery and improvements, Baba's struggles are different.
Here are some notes to take note of.
1. Total revenue is up 2% YoY only
Although there are bright growth sparks for International commerce, local consumer services, and Cainiao, it was all offset by a drop...
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It depends on what kind of perspectives that you are looking at when digging deep into $Sea (SE.US)$ Q1'23 results.
No doubt the general picture is that there is growth and the company has turned EBITDA positive.
But going deeper into the finer details is where you ask more questions.
1. YoY single-digit growth topline, EBITDA positive
Growth has decelerated to just 5% for this once high and mighty growth stock.
Even though the E-Commerce (EC), Digital Financial...
No doubt the general picture is that there is growth and the company has turned EBITDA positive.
But going deeper into the finer details is where you ask more questions.
1. YoY single-digit growth topline, EBITDA positive
Growth has decelerated to just 5% for this once high and mighty growth stock.
Even though the E-Commerce (EC), Digital Financial...
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