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Sea Limited (SE)
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$SE acquired majority of the shares in an indonesian bank.
Headed in the same area as SHOP,MELI,AMZN, nice company
Can someone explain the significance of this acquisition? Bloomberg article says they are competing with Gojek which is being backed by FB and PP holdings. What is the risk there? I am not sure what Sea is planning in fintech. I assume it will be integrated into their SeaMoney/Shopee - question is what do they plan to do with it, offer credit services?
Stifel analyst suggests Sea has now secured a banking license in Indonesia along with Singapore and suggest more licensing to come in other regions.
Wow.... Is this stock going to $1,000 per share
In at 225. Glad to be on board. What a find.
Can we get an upgrade already? SE keep making great strides. In Thailand they are calling it JSL everyone there is ordering online more than ever. JD Shopee Lazada. Shopee is the most popular.
For all the shorties out there constantly trying to scare the longs here consider how similar SE and MELI are. Back in March of 2017 Meli was trading at $210 they are now trading at $1700. Both stocks serve strong E-commerce regions and both have strong developing banking/payment divisions. The similarities correlate strong enough that SE is likely on a similar price trajectory and is likely to traject even faster due to the full banking license.
Get ready guys, the Indonesia Digital Bank news is confirmed...
So apart from STIFEL we have media catching up
Ark bought a small 250,000 more shares
This is turning into kind of a slow mover for a high growth stock. Actually this gives me some confidence that most of it is smarter money.
300 bucks till the end of march.
Cheers steve :-D
In at 176 and holding.
I got in at $197. Was thinking about adding more now what do you guys think?
As always I do my own due diligence.
Someone please go check if Benjo or Nate is sleeping on the streets shorting this stock. They're probably still waiting for this to drop to 80
SE on the way to be like MELI
Unless something change dramatically.. no selling. SE is about to be beast. Cheers
I don't get it. This stock behaves the same way every day. Opens up 3-4% and then bleeds all day.
$227 is the target.
SE is trying to gather power.
Breakthrough the celling of $207.
Below 200 is good time to buy again.
Nice to see some solid support around $210. Seem like it’s heading upwards soon 👍🏻
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