kokkaiSea (NYSE:SE) is performing notably better than I - and arguably many market participants - have expected at the beginning of 2024. Around the beginning of the year, I pointed out that Sea's commercial growth momentum is struggling on multiple fronts. And accordingly, I assigned a "Sell" rating. However, my concerns have largely proven temporary. Indeed, Sea's Q2 2024 results exceeded expectations, with revenue growing 23% YoY and EBITDA hitting a 12% margin. Notably, Shopee, Sea's e-commerce arm, ...

kokkaiSea Limited Makes A Determined Comeback Sea Limited (NYSE:SE) investors have enjoyed a remarkable revival as the stock closes in against its early 2023 highs. The leading e-commerce platform has made notable progress in its fintech business, while seeing a welcomed recovery in its gaming business. While Garena's (gaming platform) reliance on Free Fire remains a critical concern, the underlying improvements in user metrics and forward bookings have likely afforded investors more confidence. In addi ...

Jonathan Kitchen We previously covered Sea Limited (NYSE:SE) in May 2024, discussing why we had finally upgraded the stock to a Buy, particularly attributed to Shopee's robust performance across most metrics and narrowing losses in FQ1'24, despite the launch of GoTo/TikTok Shop in early 2024. With the management still reiterating its FY2024 guidance while maintaining a healthy balance sheet, we had believed that the stock continued to offer robust capital appreciation prospects. Since then, SE has alrea ...

kokkai Sea Limited (NYSE:SE) saw the strong trends in the first quarter continue into the second quarter, with all three businesses showing strong growth and improvement in profitability. Sea Limited continues to have an attractive business model, encompassing e-commerce, gaming and fintech. Management has been focusing on stabilizing and improving the business trends for the gaming business, while there continues to be a long runway for the e-commerce and fintech businesses. I have written extensively abou ...

Washington, D.C., Sept. 05, 2024 (GLOBE NEWSWIRE) -- On behalf of its clients Relentless Inc., Huntress Inc. and SeaFreeze Fleet LLC, the New Civil Liberties Alliance has filed an amicus curiae brief with the U.S. Court of Appeals for the D.C. Circuit in Loper Bright Enterprises v. Raimondo. Alongside NCLA’s Relentless Inc. v. Dept. of Commerce lawsuit, this historic case defeated the Chevron doctrine. Now, NCLA urges the Court to overturn the National Oceanic and Atmospheric Administration (NOAA) and Natio ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Vancouver, B.C., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to provide this production update for the SASB gas field. SASB revitalization program is off to a great start having realized the complete payback of recent perforation costs in just 35 days of production. In first phase of workover all remaining gas pay on the Akcakoca platform was perforated including three long reach deviated gas wells ...

Oceaneering International Inc. (OII) has secured multiple awards in the U.K. North Sea region. The company’s UK-based subsidiary Oceaneering International Servicesannounced several contracts with multiple operators in the region. These contracts involve decommissioning, inspection, subsea infrastructure preparation and installation support services.The work duration for these contracts is expected to be 65 days. The contracts also include options that may be exercised to extend their duration. The managemen ...

Sea Limited’s (SE) shares have surged 100.6% year to date compared with the Zacks Computer & Technology sector’s rise of 21.7%. The rise in stock price reflects investors’ confidence in SE’s portfolio strength and cost-management initiatives.However, the question the investors should now ask whether this bull run will continue for Sea Limited shares or not?SE Shares Rides on Decent Q2 EarningsSea Limited reported decent second-quarter 2024 financial results, with revenues increasing 23% year over year to $3 ...

文章核心观点 - Sea Limited公司的股价在2024年已经翻了一番,但仍比历史高点低76% [1][2] - 公司业务包括电商、数字娱乐和数字金融服务,在疫情期间业务蓬勃发展,股价一度创历史新高 [1] - 随着疫情缓解和经济环境变化,公司调整了业务策略,更注重盈利能力而非单纯追求增长 [1] 公司业务概况 - 公司主要服务东南亚市场,消费是当地经济表现的关键驱动因素 [3] - Shopee电商平台订单量同比增长40%,达到25亿单,通过提升物流效率降低成本,提高客户复购率 [3] - SeaMoney数字金融服务平台为商家提供贷款,为消费者提供"先买后付"服务,带动电商业务增长 [4] - Garena游戏业务用户数增长,但付费用户平均收入下降 [4][5] 财务表现 - 公司Q2总收入同比增长23%,为两年来最快增速,其中电商业务增长33.7% [6] - 公司营销支出大幅增加57%,可能是推动收入增长的主要原因,但也意味着公司重新追求增长 [6] - 公司Q2实现净利润7990万美元,但同比大幅下降 [7] - 公司现金充裕,可以承受一定亏损,平衡收入增长和盈利能力是关键 [7] 估值分析 - 公司股价今年已涨116%,但仍比历史高点低76%,估值较低 [8] - 如果美联储如期降息,可能会带动公司业务增长 [8] - 总的来说,公司具有良好的现金状况、加速的收入增长和吸引人的估值,是一个值得长期持有的投资标的 [9]