Sea Ltd: With Sell-Side Optimistic Once Again, Sea Looks Ripe For a Short
While the sell-side has course corrected to lower their immediate and medium-term targets for Sea Ltd, our analysis points out that there could...
486 Views
GoTo Accelerates Profitability Timeline but We Are Not Yet Convinced
GoTo announced last week that it is accelerating its profit targets to achieve positive adjusted EBITDA by 4QFY2023. We think aggressive cost...
465 Views
The Week That Was in ASEAN@Smartkarma - My E.G. Services, Keppel Corp, and Adaro Energy's BuyBack
The Week That Was in ASEAN@Smartkarma is filled with an eclectic mix of differentiated, substantive, and actionable insights, macro and equity...
424 Views
Rakuten Bank IPO Early Look - The Negatives - Is Already Slowing Down
Rakuten Bank, the online banking arm of Rakuten Inc (4755 JP), aims to raise around US$500m in its Japan listing in April 2023. In this note, we...
710 Views
[Sea (SE US, SELL, TP US$55) Target Price Change]: A Margin-Beat Quarter Followed by a Tough 2023
We see SEA to continue to experience challenges in top-line growth because of inflation, competition with TikTok, and weak performance of Free...
435 Views