Naming rights perhaps? Or perhaps selling a minor stake.
Sea Limited are valued at around $16 billion if not more.
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Naming rights perhaps? Or perhaps selling a minor stake.
Sea Limited are valued at around $16 billion if not more.
Sea Limited: Beware The Illusions Of Growth
Dec. 19, 2021 7:24 AM ETSea Limited (SE)BABA, BABAF, GRAB, GRABW, MELI, TCEHY, TCTZF57
Summary
- Sea Limited has been one of the top sought-after pandemic plays. Both of its two engines - gaming and e-commerce - are key beneficiaries of the COVID-19 measures.
- The uniqueness of SE, the ability to leverage its cash cow gaming unit to grow new businesses, has seen investors flocking to it. But these dynamics have changed.
- The e-commerce unit's EBITDA is getting more negative by the quarter amid a shrinking GMV per order trend.
- The profit from Garena is already unable to cover the losses from the other units in the past quarters. If Garena falters, the ability to "subsidize" the e-commerce and fintech arms would diminish further.
- Analysts are projecting a persistent revenue growth slowdown in the coming quarters and years.
Sea Limited: Beware The Illusions Of Growth (NYSE:SE)
Sea Limited's e-commerce unit EBITDA getting more negative. Read more to see why I think there are many risks in owning SE.
seekingalpha.com
That's great news.
Can't wait to have a crack..... Been too long....
Just need Omnicron to fuck off.
Wales may move Six Nations home games to England with Tottenham stadium in frame
Tottenham's north London headquarters have been highlighted as a potential destination for Wales' 'home' fixtures during the 2022 Six Nations due to crowd restrictions over the Severn Bridge
Six Nations titleholders Wales are scheduled to host Scotland (Feb. 12), France (March 11) and Italy (March 19) during this year's tournament, but crowds at sporting events are currently outlawed in the country.
The recent spread of the Omicron variant has caused new complications after the Principality Stadium in Cardiff welcomed back capacity crowds this past autumn, however.
It's suggested the Welsh Rugby Union missed out on just shy of £14million after last year's home Six Nations fixtures against Ireland and England had to be played without fans in attendance.
Moving games across the Severn Bridge to England would represent organisational challenges and a quandary in how to divide revenue from said matches, but it could be preferable to having no crowds at all.
Can’t they play them both at the same time with the wonky ball one on the lower pitch?
Great stuff. This ground is coming into its own now. We earned an extra million when BT covered Palace game at short notice after their Liverpool game was called off. Only happened because all the wiring etc is built in at the ground.
5 nights of Adele in the summer will do nicely.
The Glory Game
If we sign Traore, he can play in both games!
Annoyingly we seem to be in the seated "no mans land" with standing ten rows behind us in our block and the chunk at the front.
Hope its extended throughout the block after the trial
We are also not in 1882!
Leeds to ban fans whose kids go on pitch
Leeds banning for a year parents of kiddie pitch invaders.
Thoughts?
Leeds banning for a year parents of kiddie pitch invaders.
Thoughts?
We should do the same.
Stop players giving kids their shirts and it will stop. Parents started giving their kids signs to wave begging for players shirts instead of watching the match and celebrating goals and now they are sending them onto the pitch.
Think of a better way we can compete with oil rich countries
We can't compete .