I don't think Garena performance matters much with Sea at these prices. Shopee and DFS growth has turned gaming into an optionality more than a necessity imo.
I am interested in it because of all of the actions management listed last quarter to turn it around. The market is essentially pricing Garena at zero. If it becomes a valuable asset again the stock price will react very favourably
Will be interesting to see how the market responds to Azure vs AWS results. Expectations should be much higher for Azure with how Microsoft is priced right now
I don't think Garena performance matters much with Sea at these prices. Shopee and DFS growth has turned gaming into an optionality more than a necessity imo.
I am interested in it because of all of the actions management listed last quarter to turn it around. The market is essentially pricing Garena at zero. If it becomes a valuable asset again the stock price will react very favourably
Will be interesting to see how the market responds to Azure vs AWS results. Expectations should be much higher for Azure with how Microsoft is priced right now
Agreed on that. On the flip side, makes Amazons valuation far more reasonable
Totally agree. Publishing my amazon deep dive tmrw
Looking forward to reading