Sea Ltd.: Premium Valuation Leaves Little Margin For Error
Sea Ltd.: Premium Valuation Leaves Little Margin For Error 3Sea delivers on growth metrics in 4Q19, with EBITDA losses widening as management ramps up investments in sales & marketing. E-commerce remains the bright spot, while gaming is a concern as Free Fire enters the back-end of its life-cycle. Current valuations are far too lofty for my liking. Sea Ltd. (SE) offers investors prime exposure to two …
News story posted on 2020-03-09T02:40:00.0000000Z