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2021-12-15

$Sea Ltd(SE)$ 50D MA is gonna dip below 100D MA. Take cover...

2021-12-10

IT's interesting how when SE price was on the rise that every single article was about how amazing SE is and how it's gonna be a multibagger.Now that the stock price took a beating, you start seeing articles sounding caution on SE's business model.Literally 后知后觉.

3 Things About Sea Limited That Smart Investors Know

2021-11-26

“PT DCI Indonesiahas soared 10,852% since its 150 billion rupiah ($10.5 billion) listing on Jan. 6.”Typo in the article. Should be $10.5 million, not billion.

A 10,000% Jump Makes Indonesia Data Firm World’s Top-Gaining IPO

2021-06-30

It’s become a norm

Charlie Munger says he's in love with Zoom, thinks the videoconferencing trend is here to stay

2021-06-29

Trending low due to covid FUD. Once vaccination picks up and travel opens up, this is gonna soar.

2021-06-13

$ARK Innovation ETF(ARKK)$Triple in 5 years

2021-06-13

$Churchill Capital Corp IV(CCIV)$To the moon!

2021-06-12

$JD.com(JD)$Thought i got it at a steal butprice kept dropping [Cry]

2021-06-12

$Alibaba(BABA)$Still on discount...

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target=\"_blank\" href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a> 50D MA is gonna dip below 100D MA. Take cover...","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a> 50D MA is gonna dip below 100D MA. Take cover...","text":"$Sea Ltd(SE)$ 50D MA is gonna dip below 100D MA. Take cover...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/607494141","isVote":1,"tweetType":1,"viewCount":1409,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605691092,"gmtCreate":1639149646550,"gmtModify":1639149646630,"author":{"id":"3574764104568500","authorId":"3574764104568500","name":"Atan29","avatar":"https://static.tigerbbs.com/72c3cc2330da24aecdc0b89697e19202","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574764104568500","authorIdStr":"3574764104568500"},"themes":[],"htmlText":"IT's interesting how when SE price was on the rise that every single article was about how amazing SE is and how it's gonna be a multibagger.Now that the stock price took a beating, you start seeing articles sounding caution on SE's business model.Literally 后知后觉.","listText":"IT's interesting how when SE price was on the rise that every single article was about how amazing SE is and how it's gonna be a multibagger.Now that the stock price took a beating, you start seeing articles sounding caution on SE's business model.Literally 后知后觉.","text":"IT's interesting how when SE price was on the rise that every single article was about how amazing SE is and how it's gonna be a multibagger.Now that the stock price took a beating, you start seeing articles sounding caution on SE's business model.Literally 后知后觉.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/605691092","repostId":"1195107888","repostType":2,"repost":{"id":"1195107888","kind":"news","pubTimestamp":1639113421,"share":"https://www.laohu8.com/m/news/1195107888?lang=&edition=full","pubTime":"2021-12-10 13:17","market":"us","language":"en","title":"3 Things About Sea Limited That Smart Investors Know","url":"https://stock-news.laohu8.com/highlight/detail?id=1195107888","media":"Motley Fool","summary":"Most investors likely know three things about Sea Limited(NYSE:SE): that it owns Shopee, the top e-c","content":"<p>Most investors likely know three things about&nbsp;<b>Sea Limited</b>(NYSE:SE): that it owns Shopee, the top e-commerce player in Southeast Asia and Taiwan; that it owns the mobile game publisher Garena; and that it is deeply unprofitable.</p>\n<p>But this tech company is actually fairly complex, and to better understand its sprawling business, it's worth examining three finer points about it that garner a lot less attention: its dependence on&nbsp;<i>Free Fire;</i>&nbsp;its expansion plans in Latin America; and the growth of its fintech ecosystem.</p>\n<p>1.<i>Free Fire</i>&nbsp;is the wind in Sea's sails</p>\n<p>Four years ago, Garena launched&nbsp;<i>Free Fire</i>, its first self-developed mobile game. The battle royale title, which was optimized for lower-end devices, quickly became one of the most popular mobile games in Southeast Asia and Latin America, and was the most-downloaded mobile game in the world in both 2019 and 2020, according to App Annie.</p>\n<p><i>Free Fire's</i>success significantly boosted Garena's margins, since it wasn't a licensed game like the publisher's earlier titles. As a result, Sea's digital entertainment segment (which houses Garena) started to generate even stronger adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) growth -- a sharp contrast to the company's e-commerce segment, which has been growing more unprofitable.<img src=\"https://static.tigerbbs.com/62a40cb0cfc26f2711593eeadadb17b1\" tg-width=\"794\" tg-height=\"200\" width=\"100%\" height=\"auto\">Therefore, Sea clearly needs&nbsp;<i>Free Fire</i>&nbsp;to keep generating that higher-margin revenue to subsidize the expansion of the Shopee e-commerce platform. That's a hefty burden to place on a 4-year-old mobile game.</p>\n<p>Looking ahead, Garena's top priorities will be to maintain&nbsp;<i>Free Fire's</i>momentum, expand the franchise with new versions (like<i>Free Fire MAX</i>for higher-end devices), and launch more self-developed titles. Failing to achieve any of those goals could cause Sea's adjusted EBITDA to plummet.</p>\n<p>2. Shopee is gaining ground fast in Latin America</p>\n<p>When Shopee expanded into Brazil two years ago, skeptics predicted that it would be crushed by&nbsp;<b>MercadoLibre</b>(NASDAQ:MELI), the&nbsp;800-pound gorilla&nbsp;of Latin American e-commerce. However, Shopee launched aggressive marketing campaigns, offered steep discounts, and expanded into other Latin American markets.</p>\n<p>As a result, Shopee actually overtook MercadoLibre as the most-downloaded shopping app in Latin America earlier this year. By the end of August, Shopee's monthly active users (MAUs) in Latin America had risen 136% year over year to more than 30 million, according to Apptopia. MercadoLibre ended last quarter with 78.7 million unique active users.</p>\n<p>Sea doesn't break out its Latin American results yet, but it's likely still racking up big losses as it expands through MercadoLibre's backyard. Last quarter, Sea said Shopee's adjusted EBITDA loss of $0.41 per order remained unchanged sequentially and year over year across all of its markets -- but narrowed by both metrics in its core Southeast Asia and Taiwan market.</p>\n<p>In other words, Sea needs to continue narrowing Shopee's losses in Southeast Asia and Taiwan -- all while maintaining&nbsp;<i>Free Fire's</i>growth -- to stabilize its adjusted EBITDA as it expands its massive ecosystem.</p>\n<p>3. Sea Limited is evolving into a digital bank</p>\n<p>Shopee isn't Sea's only unprofitable business. Its digital financial services segment, which houses the Sea&nbsp;Money payments platform and other fintech units, is losing money too. This business was also granted a full digital banking license in Singapore last December.</p>\n<p>Sea launched the digital financial services segment in the fourth quarter of 2019, and both the total payment volume and the number of quarterly paying users on its mobile wallet app have skyrocketed in the two years since. Unfortunately, its losses are also widening:<img src=\"https://static.tigerbbs.com/40d393bcaa2441a53a52b8f0e431b310\" tg-width=\"791\" tg-height=\"241\" width=\"100%\" height=\"auto\">Once again, this highlights Sea's overwhelming dependence on&nbsp;<i>Free Fire</i>&nbsp;to do the heavy lifting and support its other, unprofitable businesses.</p>\n<p>A wobbly (but promising) business model</p>\n<p>These three points show us just how unusual Sea's business model is: It's an e-commerce and fintech giant that (for now) relies on the profits from a single mobile game to offset the staggering losses of its other high-growth businesses.</p>\n<p>On the bright side, Sea also raised about $6 billion in fresh capital earlier this year with a big secondary stock and convertible debt offering -- and it ended&nbsp;the third quarter&nbsp;with $11.1 billion in cash and equivalents on the books. Therefore, Sea can afford to keep bleeding red ink for the foreseeable future.</p>\n<p>I believe Sea still has plenty of growth potential, but it will remain a very volatile stock. Potential investors should be well aware of these risks before betting that the stock will generate multibagger gains.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Things About Sea Limited That Smart Investors Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Things About Sea Limited That Smart Investors Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-10 13:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/12/09/3-things-about-sea-limited-that-smart-investors-kn/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Most investors likely know three things about Sea Limited(NYSE:SE): that it owns Shopee, the top e-commerce player in Southeast Asia and Taiwan; that it owns the mobile game publisher Garena; and that...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/09/3-things-about-sea-limited-that-smart-investors-kn/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://www.fool.com/investing/2021/12/09/3-things-about-sea-limited-that-smart-investors-kn/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195107888","content_text":"Most investors likely know three things about Sea Limited(NYSE:SE): that it owns Shopee, the top e-commerce player in Southeast Asia and Taiwan; that it owns the mobile game publisher Garena; and that it is deeply unprofitable.\nBut this tech company is actually fairly complex, and to better understand its sprawling business, it's worth examining three finer points about it that garner a lot less attention: its dependence on Free Fire; its expansion plans in Latin America; and the growth of its fintech ecosystem.\n1.Free Fire is the wind in Sea's sails\nFour years ago, Garena launched Free Fire, its first self-developed mobile game. The battle royale title, which was optimized for lower-end devices, quickly became one of the most popular mobile games in Southeast Asia and Latin America, and was the most-downloaded mobile game in the world in both 2019 and 2020, according to App Annie.\nFree Fire'ssuccess significantly boosted Garena's margins, since it wasn't a licensed game like the publisher's earlier titles. As a result, Sea's digital entertainment segment (which houses Garena) started to generate even stronger adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) growth -- a sharp contrast to the company's e-commerce segment, which has been growing more unprofitable.Therefore, Sea clearly needs Free Fire to keep generating that higher-margin revenue to subsidize the expansion of the Shopee e-commerce platform. That's a hefty burden to place on a 4-year-old mobile game.\nLooking ahead, Garena's top priorities will be to maintain Free Fire'smomentum, expand the franchise with new versions (likeFree Fire MAXfor higher-end devices), and launch more self-developed titles. Failing to achieve any of those goals could cause Sea's adjusted EBITDA to plummet.\n2. Shopee is gaining ground fast in Latin America\nWhen Shopee expanded into Brazil two years ago, skeptics predicted that it would be crushed by MercadoLibre(NASDAQ:MELI), the 800-pound gorilla of Latin American e-commerce. However, Shopee launched aggressive marketing campaigns, offered steep discounts, and expanded into other Latin American markets.\nAs a result, Shopee actually overtook MercadoLibre as the most-downloaded shopping app in Latin America earlier this year. By the end of August, Shopee's monthly active users (MAUs) in Latin America had risen 136% year over year to more than 30 million, according to Apptopia. MercadoLibre ended last quarter with 78.7 million unique active users.\nSea doesn't break out its Latin American results yet, but it's likely still racking up big losses as it expands through MercadoLibre's backyard. Last quarter, Sea said Shopee's adjusted EBITDA loss of $0.41 per order remained unchanged sequentially and year over year across all of its markets -- but narrowed by both metrics in its core Southeast Asia and Taiwan market.\nIn other words, Sea needs to continue narrowing Shopee's losses in Southeast Asia and Taiwan -- all while maintaining Free Fire'sgrowth -- to stabilize its adjusted EBITDA as it expands its massive ecosystem.\n3. Sea Limited is evolving into a digital bank\nShopee isn't Sea's only unprofitable business. Its digital financial services segment, which houses the Sea Money payments platform and other fintech units, is losing money too. This business was also granted a full digital banking license in Singapore last December.\nSea launched the digital financial services segment in the fourth quarter of 2019, and both the total payment volume and the number of quarterly paying users on its mobile wallet app have skyrocketed in the two years since. Unfortunately, its losses are also widening:Once again, this highlights Sea's overwhelming dependence on Free Fire to do the heavy lifting and support its other, unprofitable businesses.\nA wobbly (but promising) business model\nThese three points show us just how unusual Sea's business model is: It's an e-commerce and fintech giant that (for now) relies on the profits from a single mobile game to offset the staggering losses of its other high-growth businesses.\nOn the bright side, Sea also raised about $6 billion in fresh capital earlier this year with a big secondary stock and convertible debt offering -- and it ended the third quarter with $11.1 billion in cash and equivalents on the books. Therefore, Sea can afford to keep bleeding red ink for the foreseeable future.\nI believe Sea still has plenty of growth potential, but it will remain a very volatile stock. Potential investors should be well aware of these risks before betting that the stock will generate multibagger gains.","news_type":1},"isVote":1,"tweetType":1,"viewCount":493,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877383716,"gmtCreate":1637888214843,"gmtModify":1637888214900,"author":{"id":"3574764104568500","authorId":"3574764104568500","name":"Atan29","avatar":"https://static.tigerbbs.com/72c3cc2330da24aecdc0b89697e19202","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574764104568500","authorIdStr":"3574764104568500"},"themes":[],"htmlText":"“PT DCI Indonesiahas soared 10,852% since its 150 billion rupiah ($10.5 billion) listing on Jan. 6.”Typo in the article. Should be $10.5 million, not billion.","listText":"“PT DCI Indonesiahas soared 10,852% since its 150 billion rupiah ($10.5 billion) listing on Jan. 6.”Typo in the article. Should be $10.5 million, not billion.","text":"“PT DCI Indonesiahas soared 10,852% since its 150 billion rupiah ($10.5 billion) listing on Jan. 6.”Typo in the article. Should be $10.5 million, not billion.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/877383716","repostId":"1161587233","repostType":4,"repost":{"id":"1161587233","kind":"news","pubTimestamp":1637887748,"share":"https://www.laohu8.com/m/news/1161587233?lang=&edition=full","pubTime":"2021-11-26 08:49","market":"sg","language":"en","title":"A 10,000% Jump Makes Indonesia Data Firm World’s Top-Gaining IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1161587233","media":"Bloomberg","summary":"A cloud data service provider partly owned by an Indonesian tycoon has delivered the world’s best-pe","content":"<p>A cloud data service provider partly owned by an Indonesian tycoon has delivered the world’s best-performing initial public offering this year, jumping more than 100 fold since its share float in January.</p>\n<p>PT DCI Indonesiahas soared 10,852% since its 150 billion rupiah ($10.5 billion) listing on Jan. 6. That makes the firm the top gainer in Indonesia’s stock market and the second-biggest contributor to the Jakarta Composite Index’s 12% gain this year.</p>\n<p>DCI’s stellar performance is another example of thefrenziedtrading in Indonesian technology stocks this year, with a key gauge of the sector having surged nearly four fold since its launch in late January. However, there’s caution about how much investors should read into it given the stock’s scant trading and lack of research coverage by brokerages.</p>\n<p>“The data center industry is a beneficiary of the e-commerce and digital economy boom in Indonesia,” said Henry Wibowo, head of research at JP Morgan Sekuritas Indonesia. Wibowo said he doesn’t cover the company because “the stock is not liquid.”</p>\n<p>DCI is 11% owned by Indonesian billionaire Anthoni Salim, whose business empire spans from food to telecommunications to real estate.</p>\n<p>The stock’s sharp gains have triggered periodic trading suspension and aninvestigationby stock exchange officials into the firm for possible manipulation of transactions earlier this year.</p>\n<p>The Indonesia Stock Exchange has completed the probe, the bourse’s transaction supervision and compliance director said in written response to queries from Bloomberg News earlier this week, without elaborating.</p>\n<p>“Based on the results of the stock exchange inspection, there is no indication of any violations by the company,” DCI’s corporate secretary Nicholas Suharsono said in written response to questions from Bloomberg.</p>\n<p></p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A 10,000% Jump Makes Indonesia Data Firm World’s Top-Gaining IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA 10,000% Jump Makes Indonesia Data Firm World’s Top-Gaining IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-26 08:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-11-26/a-10-000-jump-makes-indonesia-data-firm-world-s-top-gaining-ipo><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A cloud data service provider partly owned by an Indonesian tycoon has delivered the world’s best-performing initial public offering this year, jumping more than 100 fold since its share float in ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-11-26/a-10-000-jump-makes-indonesia-data-firm-world-s-top-gaining-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-11-26/a-10-000-jump-makes-indonesia-data-firm-world-s-top-gaining-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161587233","content_text":"A cloud data service provider partly owned by an Indonesian tycoon has delivered the world’s best-performing initial public offering this year, jumping more than 100 fold since its share float in January.\nPT DCI Indonesiahas soared 10,852% since its 150 billion rupiah ($10.5 billion) listing on Jan. 6. That makes the firm the top gainer in Indonesia’s stock market and the second-biggest contributor to the Jakarta Composite Index’s 12% gain this year.\nDCI’s stellar performance is another example of thefrenziedtrading in Indonesian technology stocks this year, with a key gauge of the sector having surged nearly four fold since its launch in late January. However, there’s caution about how much investors should read into it given the stock’s scant trading and lack of research coverage by brokerages.\n“The data center industry is a beneficiary of the e-commerce and digital economy boom in Indonesia,” said Henry Wibowo, head of research at JP Morgan Sekuritas Indonesia. Wibowo said he doesn’t cover the company because “the stock is not liquid.”\nDCI is 11% owned by Indonesian billionaire Anthoni Salim, whose business empire spans from food to telecommunications to real estate.\nThe stock’s sharp gains have triggered periodic trading suspension and aninvestigationby stock exchange officials into the firm for possible manipulation of transactions earlier this year.\nThe Indonesia Stock Exchange has completed the probe, the bourse’s transaction supervision and compliance director said in written response to queries from Bloomberg News earlier this week, without elaborating.\n“Based on the results of the stock exchange inspection, there is no indication of any violations by the company,” DCI’s corporate secretary Nicholas Suharsono said in written response to questions from Bloomberg.","news_type":1},"isVote":1,"tweetType":1,"viewCount":828,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":153873267,"gmtCreate":1625019312059,"gmtModify":1631890180025,"author":{"id":"3574764104568500","authorId":"3574764104568500","name":"Atan29","avatar":"https://static.tigerbbs.com/72c3cc2330da24aecdc0b89697e19202","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574764104568500","authorIdStr":"3574764104568500"},"themes":[],"htmlText":"It’s become a norm","listText":"It’s become a norm","text":"It’s become a norm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/153873267","repostId":"1199181554","repostType":4,"repost":{"id":"1199181554","kind":"news","pubTimestamp":1625015905,"share":"https://www.laohu8.com/m/news/1199181554?lang=&edition=full","pubTime":"2021-06-30 09:18","market":"us","language":"en","title":"Charlie Munger says he's in love with Zoom, thinks the videoconferencing trend is here to stay","url":"https://stock-news.laohu8.com/highlight/detail?id=1199181554","media":"CNBC","summary":"Charlie Munger, vice chairman of Berkshire Hathaway, revealed he is fond ofZoom, saying the videocon","content":"<div>\n<p>Charlie Munger, vice chairman of Berkshire Hathaway, revealed he is fond ofZoom, saying the videoconferencing software will keep thriving even as life goes back to normal after the pandemic.\n\"I have ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/charlie-munger-says-hes-in-love-with-zoom-thinks-the-videoconferencing-trend-is-here-to-stay.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Charlie Munger says he's in love with Zoom, thinks the videoconferencing trend is here to stay</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCharlie Munger says he's in love with Zoom, thinks the videoconferencing trend is here to stay\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/29/charlie-munger-says-hes-in-love-with-zoom-thinks-the-videoconferencing-trend-is-here-to-stay.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Charlie Munger, vice chairman of Berkshire Hathaway, revealed he is fond ofZoom, saying the videoconferencing software will keep thriving even as life goes back to normal after the pandemic.\n\"I have ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/charlie-munger-says-hes-in-love-with-zoom-thinks-the-videoconferencing-trend-is-here-to-stay.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZM":"Zoom"},"source_url":"https://www.cnbc.com/2021/06/29/charlie-munger-says-hes-in-love-with-zoom-thinks-the-videoconferencing-trend-is-here-to-stay.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1199181554","content_text":"Charlie Munger, vice chairman of Berkshire Hathaway, revealed he is fond ofZoom, saying the videoconferencing software will keep thriving even as life goes back to normal after the pandemic.\n\"I have fallen in love with Zoom,\" Munger said during an interview withBecky Quickon CNBC's special \"Buffett & Munger: A Wealth of Wisdom,\" which aired Tuesday. \"I think Zoom is here to stay. it just adds so much convenience.\"\nThe 97-year-old investor said he uses Zoom at least three times a day, and he made a deal in Australia via a video call.\nZoom stood out as a big pandemic winner as millions of stay-at-home users globally turned to the app for video calls and other capabilities. Shares surged a whopping 395% in 2020 as revenue exploded amid the surge in demand. Earlier this month, the companyreported another blowout quarterwith sales growth of 191% in the period ended April 30.\n\nHowever, Munger's longtime business partner and Berkshire CEOWarren Buffettis not seeing eye to eye on Zoom, saying he still prefers the old school telephone.\n\"I'm just not a Zoom guy,\" the 90-year-old investor said. \"I don't see any plus to it, particularly. I did it once or twice, and they had a whole screen of people that... I just didn't figure it was adding to the experience. I'd rather have my, you know, feet on the desk, and I find the telephone a very satisfactory instrument.\"\nCharles Munger, vice chairman of Berkshire Hathaway Inc., left, and Warren Buffett, chairman of Berkshire Hathaway Inc., attend a BYD Co. press event in China, on Monday, Sept. 27, 2010.Nelson Ching | Getty Images\nMunger's bull case for Zoom is based on his belief that business travel is unlikely go back to pre-pandemic levels. Meanwhile, he said office demand will stay low as many workers will likely have the flexibility to work from home.\n\"I think a lot of business travel will never come back. Just corporation after corporation deciding one meeting a year, two meetings a year in person, and the rest Zoom. And I think that's here to stay,\" Munger said.\n\"What's happened to office demand is just... think of the agonies in that field now. A lot of people have found they don't need to be there,\" Munger added. \"And I think a lot of people are going to decide that they can work three days a week and stay home the other. I think all kinds of things are gonna happen that... we don't go back to what we did before.\"\nDuring the first-quarter report, Zoom did warn of a coming slowdown as expansion drops from the pandemic-fueled 2020. The company now sees 50% revenue growth for the full fiscal year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159348720,"gmtCreate":1624943898060,"gmtModify":1631890180043,"author":{"id":"3574764104568500","authorId":"3574764104568500","name":"Atan29","avatar":"https://static.tigerbbs.com/72c3cc2330da24aecdc0b89697e19202","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574764104568500","authorIdStr":"3574764104568500"},"themes":[],"htmlText":"Trending low due to covid FUD. Once vaccination picks up and travel opens up, this is gonna soar.","listText":"Trending low due to covid FUD. Once vaccination picks up and travel opens up, this is gonna soar.","text":"Trending low due to covid FUD. Once vaccination picks up and travel opens up, this is gonna soar.","images":[{"img":"https://static.tigerbbs.com/1fee914761ed1b9f2e49ad53e811064b","width":"750","height":"1618"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":116,"repostSize":0,"link":"https://laohu8.com/post/159348720","isVote":1,"tweetType":1,"viewCount":334,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":186417786,"gmtCreate":1623521340145,"gmtModify":1631887106503,"author":{"id":"3574764104568500","authorId":"3574764104568500","name":"Atan29","avatar":"https://static.tigerbbs.com/72c3cc2330da24aecdc0b89697e19202","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574764104568500","authorIdStr":"3574764104568500"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>Triple in 5 years","listText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>Triple in 5 years","text":"$ARK Innovation ETF(ARKK)$Triple in 5 years","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/186417786","isVote":1,"tweetType":1,"viewCount":448,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186417636,"gmtCreate":1623521206425,"gmtModify":1631885373198,"author":{"id":"3574764104568500","authorId":"3574764104568500","name":"Atan29","avatar":"https://static.tigerbbs.com/72c3cc2330da24aecdc0b89697e19202","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574764104568500","authorIdStr":"3574764104568500"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CCIV\">$Churchill Capital Corp IV(CCIV)$</a>To the moon!","listText":"<a href=\"https://laohu8.com/S/CCIV\">$Churchill Capital Corp IV(CCIV)$</a>To the moon!","text":"$Churchill Capital Corp IV(CCIV)$To the moon!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/186417636","isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186622067,"gmtCreate":1623494437559,"gmtModify":1631890180051,"author":{"id":"3574764104568500","authorId":"3574764104568500","name":"Atan29","avatar":"https://static.tigerbbs.com/72c3cc2330da24aecdc0b89697e19202","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574764104568500","authorIdStr":"3574764104568500"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/JD\">$JD.com(JD)$</a>Thought i got it at a steal butprice kept dropping [Cry]&nbsp;","listText":"<a href=\"https://laohu8.com/S/JD\">$JD.com(JD)$</a>Thought i got it at a steal butprice kept dropping [Cry]&nbsp;","text":"$JD.com(JD)$Thought i got it at a steal butprice kept dropping [Cry]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/186622067","isVote":1,"tweetType":1,"viewCount":382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186626615,"gmtCreate":1623494300437,"gmtModify":1631890180067,"author":{"id":"3574764104568500","authorId":"3574764104568500","name":"Atan29","avatar":"https://static.tigerbbs.com/72c3cc2330da24aecdc0b89697e19202","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574764104568500","authorIdStr":"3574764104568500"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>Still on discount...","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>Still on discount...","text":"$Alibaba(BABA)$Still on discount...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/186626615","isVote":1,"tweetType":1,"viewCount":315,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":159348720,"gmtCreate":1624943898060,"gmtModify":1631890180043,"author":{"id":"3574764104568500","authorId":"3574764104568500","name":"Atan29","avatar":"https://static.tigerbbs.com/72c3cc2330da24aecdc0b89697e19202","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574764104568500","authorIdStr":"3574764104568500"},"themes":[],"htmlText":"Trending low due to covid FUD. Once vaccination picks up and travel opens up, this is gonna soar.","listText":"Trending low due to covid FUD. Once vaccination picks up and travel opens up, this is gonna soar.","text":"Trending low due to covid FUD. Once vaccination picks up and travel opens up, this is gonna soar.","images":[{"img":"https://static.tigerbbs.com/1fee914761ed1b9f2e49ad53e811064b","width":"750","height":"1618"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":116,"repostSize":0,"link":"https://laohu8.com/post/159348720","isVote":1,"tweetType":1,"viewCount":334,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":605691092,"gmtCreate":1639149646550,"gmtModify":1639149646630,"author":{"id":"3574764104568500","authorId":"3574764104568500","name":"Atan29","avatar":"https://static.tigerbbs.com/72c3cc2330da24aecdc0b89697e19202","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574764104568500","authorIdStr":"3574764104568500"},"themes":[],"htmlText":"IT's interesting how when SE price was on the rise that every single article was about how amazing SE is and how it's gonna be a multibagger.Now that the stock price took a beating, you start seeing articles sounding caution on SE's business model.Literally 后知后觉.","listText":"IT's interesting how when SE price was on the rise that every single article was about how amazing SE is and how it's gonna be a multibagger.Now that the stock price took a beating, you start seeing articles sounding caution on SE's business model.Literally 后知后觉.","text":"IT's interesting how when SE price was on the rise that every single article was about how amazing SE is and how it's gonna be a multibagger.Now that the stock price took a beating, you start seeing articles sounding caution on SE's business model.Literally 后知后觉.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/605691092","repostId":"1195107888","repostType":2,"repost":{"id":"1195107888","kind":"news","pubTimestamp":1639113421,"share":"https://www.laohu8.com/m/news/1195107888?lang=&edition=full","pubTime":"2021-12-10 13:17","market":"us","language":"en","title":"3 Things About Sea Limited That Smart Investors Know","url":"https://stock-news.laohu8.com/highlight/detail?id=1195107888","media":"Motley Fool","summary":"Most investors likely know three things about Sea Limited(NYSE:SE): that it owns Shopee, the top e-c","content":"<p>Most investors likely know three things about&nbsp;<b>Sea Limited</b>(NYSE:SE): that it owns Shopee, the top e-commerce player in Southeast Asia and Taiwan; that it owns the mobile game publisher Garena; and that it is deeply unprofitable.</p>\n<p>But this tech company is actually fairly complex, and to better understand its sprawling business, it's worth examining three finer points about it that garner a lot less attention: its dependence on&nbsp;<i>Free Fire;</i>&nbsp;its expansion plans in Latin America; and the growth of its fintech ecosystem.</p>\n<p>1.<i>Free Fire</i>&nbsp;is the wind in Sea's sails</p>\n<p>Four years ago, Garena launched&nbsp;<i>Free Fire</i>, its first self-developed mobile game. The battle royale title, which was optimized for lower-end devices, quickly became one of the most popular mobile games in Southeast Asia and Latin America, and was the most-downloaded mobile game in the world in both 2019 and 2020, according to App Annie.</p>\n<p><i>Free Fire's</i>success significantly boosted Garena's margins, since it wasn't a licensed game like the publisher's earlier titles. As a result, Sea's digital entertainment segment (which houses Garena) started to generate even stronger adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) growth -- a sharp contrast to the company's e-commerce segment, which has been growing more unprofitable.<img src=\"https://static.tigerbbs.com/62a40cb0cfc26f2711593eeadadb17b1\" tg-width=\"794\" tg-height=\"200\" width=\"100%\" height=\"auto\">Therefore, Sea clearly needs&nbsp;<i>Free Fire</i>&nbsp;to keep generating that higher-margin revenue to subsidize the expansion of the Shopee e-commerce platform. That's a hefty burden to place on a 4-year-old mobile game.</p>\n<p>Looking ahead, Garena's top priorities will be to maintain&nbsp;<i>Free Fire's</i>momentum, expand the franchise with new versions (like<i>Free Fire MAX</i>for higher-end devices), and launch more self-developed titles. Failing to achieve any of those goals could cause Sea's adjusted EBITDA to plummet.</p>\n<p>2. Shopee is gaining ground fast in Latin America</p>\n<p>When Shopee expanded into Brazil two years ago, skeptics predicted that it would be crushed by&nbsp;<b>MercadoLibre</b>(NASDAQ:MELI), the&nbsp;800-pound gorilla&nbsp;of Latin American e-commerce. However, Shopee launched aggressive marketing campaigns, offered steep discounts, and expanded into other Latin American markets.</p>\n<p>As a result, Shopee actually overtook MercadoLibre as the most-downloaded shopping app in Latin America earlier this year. By the end of August, Shopee's monthly active users (MAUs) in Latin America had risen 136% year over year to more than 30 million, according to Apptopia. MercadoLibre ended last quarter with 78.7 million unique active users.</p>\n<p>Sea doesn't break out its Latin American results yet, but it's likely still racking up big losses as it expands through MercadoLibre's backyard. Last quarter, Sea said Shopee's adjusted EBITDA loss of $0.41 per order remained unchanged sequentially and year over year across all of its markets -- but narrowed by both metrics in its core Southeast Asia and Taiwan market.</p>\n<p>In other words, Sea needs to continue narrowing Shopee's losses in Southeast Asia and Taiwan -- all while maintaining&nbsp;<i>Free Fire's</i>growth -- to stabilize its adjusted EBITDA as it expands its massive ecosystem.</p>\n<p>3. Sea Limited is evolving into a digital bank</p>\n<p>Shopee isn't Sea's only unprofitable business. Its digital financial services segment, which houses the Sea&nbsp;Money payments platform and other fintech units, is losing money too. This business was also granted a full digital banking license in Singapore last December.</p>\n<p>Sea launched the digital financial services segment in the fourth quarter of 2019, and both the total payment volume and the number of quarterly paying users on its mobile wallet app have skyrocketed in the two years since. Unfortunately, its losses are also widening:<img src=\"https://static.tigerbbs.com/40d393bcaa2441a53a52b8f0e431b310\" tg-width=\"791\" tg-height=\"241\" width=\"100%\" height=\"auto\">Once again, this highlights Sea's overwhelming dependence on&nbsp;<i>Free Fire</i>&nbsp;to do the heavy lifting and support its other, unprofitable businesses.</p>\n<p>A wobbly (but promising) business model</p>\n<p>These three points show us just how unusual Sea's business model is: It's an e-commerce and fintech giant that (for now) relies on the profits from a single mobile game to offset the staggering losses of its other high-growth businesses.</p>\n<p>On the bright side, Sea also raised about $6 billion in fresh capital earlier this year with a big secondary stock and convertible debt offering -- and it ended&nbsp;the third quarter&nbsp;with $11.1 billion in cash and equivalents on the books. Therefore, Sea can afford to keep bleeding red ink for the foreseeable future.</p>\n<p>I believe Sea still has plenty of growth potential, but it will remain a very volatile stock. Potential investors should be well aware of these risks before betting that the stock will generate multibagger gains.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Things About Sea Limited That Smart Investors Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Things About Sea Limited That Smart Investors Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-10 13:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/12/09/3-things-about-sea-limited-that-smart-investors-kn/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Most investors likely know three things about Sea Limited(NYSE:SE): that it owns Shopee, the top e-commerce player in Southeast Asia and Taiwan; that it owns the mobile game publisher Garena; and that...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/09/3-things-about-sea-limited-that-smart-investors-kn/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://www.fool.com/investing/2021/12/09/3-things-about-sea-limited-that-smart-investors-kn/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195107888","content_text":"Most investors likely know three things about Sea Limited(NYSE:SE): that it owns Shopee, the top e-commerce player in Southeast Asia and Taiwan; that it owns the mobile game publisher Garena; and that it is deeply unprofitable.\nBut this tech company is actually fairly complex, and to better understand its sprawling business, it's worth examining three finer points about it that garner a lot less attention: its dependence on Free Fire; its expansion plans in Latin America; and the growth of its fintech ecosystem.\n1.Free Fire is the wind in Sea's sails\nFour years ago, Garena launched Free Fire, its first self-developed mobile game. The battle royale title, which was optimized for lower-end devices, quickly became one of the most popular mobile games in Southeast Asia and Latin America, and was the most-downloaded mobile game in the world in both 2019 and 2020, according to App Annie.\nFree Fire'ssuccess significantly boosted Garena's margins, since it wasn't a licensed game like the publisher's earlier titles. As a result, Sea's digital entertainment segment (which houses Garena) started to generate even stronger adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) growth -- a sharp contrast to the company's e-commerce segment, which has been growing more unprofitable.Therefore, Sea clearly needs Free Fire to keep generating that higher-margin revenue to subsidize the expansion of the Shopee e-commerce platform. That's a hefty burden to place on a 4-year-old mobile game.\nLooking ahead, Garena's top priorities will be to maintain Free Fire'smomentum, expand the franchise with new versions (likeFree Fire MAXfor higher-end devices), and launch more self-developed titles. Failing to achieve any of those goals could cause Sea's adjusted EBITDA to plummet.\n2. Shopee is gaining ground fast in Latin America\nWhen Shopee expanded into Brazil two years ago, skeptics predicted that it would be crushed by MercadoLibre(NASDAQ:MELI), the 800-pound gorilla of Latin American e-commerce. However, Shopee launched aggressive marketing campaigns, offered steep discounts, and expanded into other Latin American markets.\nAs a result, Shopee actually overtook MercadoLibre as the most-downloaded shopping app in Latin America earlier this year. By the end of August, Shopee's monthly active users (MAUs) in Latin America had risen 136% year over year to more than 30 million, according to Apptopia. MercadoLibre ended last quarter with 78.7 million unique active users.\nSea doesn't break out its Latin American results yet, but it's likely still racking up big losses as it expands through MercadoLibre's backyard. Last quarter, Sea said Shopee's adjusted EBITDA loss of $0.41 per order remained unchanged sequentially and year over year across all of its markets -- but narrowed by both metrics in its core Southeast Asia and Taiwan market.\nIn other words, Sea needs to continue narrowing Shopee's losses in Southeast Asia and Taiwan -- all while maintaining Free Fire'sgrowth -- to stabilize its adjusted EBITDA as it expands its massive ecosystem.\n3. Sea Limited is evolving into a digital bank\nShopee isn't Sea's only unprofitable business. Its digital financial services segment, which houses the Sea Money payments platform and other fintech units, is losing money too. This business was also granted a full digital banking license in Singapore last December.\nSea launched the digital financial services segment in the fourth quarter of 2019, and both the total payment volume and the number of quarterly paying users on its mobile wallet app have skyrocketed in the two years since. Unfortunately, its losses are also widening:Once again, this highlights Sea's overwhelming dependence on Free Fire to do the heavy lifting and support its other, unprofitable businesses.\nA wobbly (but promising) business model\nThese three points show us just how unusual Sea's business model is: It's an e-commerce and fintech giant that (for now) relies on the profits from a single mobile game to offset the staggering losses of its other high-growth businesses.\nOn the bright side, Sea also raised about $6 billion in fresh capital earlier this year with a big secondary stock and convertible debt offering -- and it ended the third quarter with $11.1 billion in cash and equivalents on the books. Therefore, Sea can afford to keep bleeding red ink for the foreseeable future.\nI believe Sea still has plenty of growth potential, but it will remain a very volatile stock. Potential investors should be well aware of these risks before betting that the stock will generate multibagger gains.","news_type":1},"isVote":1,"tweetType":1,"viewCount":493,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877383716,"gmtCreate":1637888214843,"gmtModify":1637888214900,"author":{"id":"3574764104568500","authorId":"3574764104568500","name":"Atan29","avatar":"https://static.tigerbbs.com/72c3cc2330da24aecdc0b89697e19202","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574764104568500","authorIdStr":"3574764104568500"},"themes":[],"htmlText":"“PT DCI Indonesiahas soared 10,852% since its 150 billion rupiah ($10.5 billion) listing on Jan. 6.”Typo in the article. Should be $10.5 million, not billion.","listText":"“PT DCI Indonesiahas soared 10,852% since its 150 billion rupiah ($10.5 billion) listing on Jan. 6.”Typo in the article. Should be $10.5 million, not billion.","text":"“PT DCI Indonesiahas soared 10,852% since its 150 billion rupiah ($10.5 billion) listing on Jan. 6.”Typo in the article. Should be $10.5 million, not billion.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/877383716","repostId":"1161587233","repostType":4,"repost":{"id":"1161587233","kind":"news","pubTimestamp":1637887748,"share":"https://www.laohu8.com/m/news/1161587233?lang=&edition=full","pubTime":"2021-11-26 08:49","market":"sg","language":"en","title":"A 10,000% Jump Makes Indonesia Data Firm World’s Top-Gaining IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1161587233","media":"Bloomberg","summary":"A cloud data service provider partly owned by an Indonesian tycoon has delivered the world’s best-pe","content":"<p>A cloud data service provider partly owned by an Indonesian tycoon has delivered the world’s best-performing initial public offering this year, jumping more than 100 fold since its share float in January.</p>\n<p>PT DCI Indonesiahas soared 10,852% since its 150 billion rupiah ($10.5 billion) listing on Jan. 6. That makes the firm the top gainer in Indonesia’s stock market and the second-biggest contributor to the Jakarta Composite Index’s 12% gain this year.</p>\n<p>DCI’s stellar performance is another example of thefrenziedtrading in Indonesian technology stocks this year, with a key gauge of the sector having surged nearly four fold since its launch in late January. However, there’s caution about how much investors should read into it given the stock’s scant trading and lack of research coverage by brokerages.</p>\n<p>“The data center industry is a beneficiary of the e-commerce and digital economy boom in Indonesia,” said Henry Wibowo, head of research at JP Morgan Sekuritas Indonesia. Wibowo said he doesn’t cover the company because “the stock is not liquid.”</p>\n<p>DCI is 11% owned by Indonesian billionaire Anthoni Salim, whose business empire spans from food to telecommunications to real estate.</p>\n<p>The stock’s sharp gains have triggered periodic trading suspension and aninvestigationby stock exchange officials into the firm for possible manipulation of transactions earlier this year.</p>\n<p>The Indonesia Stock Exchange has completed the probe, the bourse’s transaction supervision and compliance director said in written response to queries from Bloomberg News earlier this week, without elaborating.</p>\n<p>“Based on the results of the stock exchange inspection, there is no indication of any violations by the company,” DCI’s corporate secretary Nicholas Suharsono said in written response to questions from Bloomberg.</p>\n<p></p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A 10,000% Jump Makes Indonesia Data Firm World’s Top-Gaining IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA 10,000% Jump Makes Indonesia Data Firm World’s Top-Gaining IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-26 08:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-11-26/a-10-000-jump-makes-indonesia-data-firm-world-s-top-gaining-ipo><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A cloud data service provider partly owned by an Indonesian tycoon has delivered the world’s best-performing initial public offering this year, jumping more than 100 fold since its share float in ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-11-26/a-10-000-jump-makes-indonesia-data-firm-world-s-top-gaining-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-11-26/a-10-000-jump-makes-indonesia-data-firm-world-s-top-gaining-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161587233","content_text":"A cloud data service provider partly owned by an Indonesian tycoon has delivered the world’s best-performing initial public offering this year, jumping more than 100 fold since its share float in January.\nPT DCI Indonesiahas soared 10,852% since its 150 billion rupiah ($10.5 billion) listing on Jan. 6. That makes the firm the top gainer in Indonesia’s stock market and the second-biggest contributor to the Jakarta Composite Index’s 12% gain this year.\nDCI’s stellar performance is another example of thefrenziedtrading in Indonesian technology stocks this year, with a key gauge of the sector having surged nearly four fold since its launch in late January. However, there’s caution about how much investors should read into it given the stock’s scant trading and lack of research coverage by brokerages.\n“The data center industry is a beneficiary of the e-commerce and digital economy boom in Indonesia,” said Henry Wibowo, head of research at JP Morgan Sekuritas Indonesia. Wibowo said he doesn’t cover the company because “the stock is not liquid.”\nDCI is 11% owned by Indonesian billionaire Anthoni Salim, whose business empire spans from food to telecommunications to real estate.\nThe stock’s sharp gains have triggered periodic trading suspension and aninvestigationby stock exchange officials into the firm for possible manipulation of transactions earlier this year.\nThe Indonesia Stock Exchange has completed the probe, the bourse’s transaction supervision and compliance director said in written response to queries from Bloomberg News earlier this week, without elaborating.\n“Based on the results of the stock exchange inspection, there is no indication of any violations by the company,” DCI’s corporate secretary Nicholas Suharsono said in written response to questions from Bloomberg.","news_type":1},"isVote":1,"tweetType":1,"viewCount":828,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":153873267,"gmtCreate":1625019312059,"gmtModify":1631890180025,"author":{"id":"3574764104568500","authorId":"3574764104568500","name":"Atan29","avatar":"https://static.tigerbbs.com/72c3cc2330da24aecdc0b89697e19202","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574764104568500","authorIdStr":"3574764104568500"},"themes":[],"htmlText":"It’s become a norm","listText":"It’s become a norm","text":"It’s become a norm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/153873267","repostId":"1199181554","repostType":4,"repost":{"id":"1199181554","kind":"news","pubTimestamp":1625015905,"share":"https://www.laohu8.com/m/news/1199181554?lang=&edition=full","pubTime":"2021-06-30 09:18","market":"us","language":"en","title":"Charlie Munger says he's in love with Zoom, thinks the videoconferencing trend is here to stay","url":"https://stock-news.laohu8.com/highlight/detail?id=1199181554","media":"CNBC","summary":"Charlie Munger, vice chairman of Berkshire Hathaway, revealed he is fond ofZoom, saying the videocon","content":"<div>\n<p>Charlie Munger, vice chairman of Berkshire Hathaway, revealed he is fond ofZoom, saying the videoconferencing software will keep thriving even as life goes back to normal after the pandemic.\n\"I have ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/charlie-munger-says-hes-in-love-with-zoom-thinks-the-videoconferencing-trend-is-here-to-stay.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Charlie Munger says he's in love with Zoom, thinks the videoconferencing trend is here to stay</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCharlie Munger says he's in love with Zoom, thinks the videoconferencing trend is here to stay\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/29/charlie-munger-says-hes-in-love-with-zoom-thinks-the-videoconferencing-trend-is-here-to-stay.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Charlie Munger, vice chairman of Berkshire Hathaway, revealed he is fond ofZoom, saying the videoconferencing software will keep thriving even as life goes back to normal after the pandemic.\n\"I have ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/charlie-munger-says-hes-in-love-with-zoom-thinks-the-videoconferencing-trend-is-here-to-stay.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZM":"Zoom"},"source_url":"https://www.cnbc.com/2021/06/29/charlie-munger-says-hes-in-love-with-zoom-thinks-the-videoconferencing-trend-is-here-to-stay.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1199181554","content_text":"Charlie Munger, vice chairman of Berkshire Hathaway, revealed he is fond ofZoom, saying the videoconferencing software will keep thriving even as life goes back to normal after the pandemic.\n\"I have fallen in love with Zoom,\" Munger said during an interview withBecky Quickon CNBC's special \"Buffett & Munger: A Wealth of Wisdom,\" which aired Tuesday. \"I think Zoom is here to stay. it just adds so much convenience.\"\nThe 97-year-old investor said he uses Zoom at least three times a day, and he made a deal in Australia via a video call.\nZoom stood out as a big pandemic winner as millions of stay-at-home users globally turned to the app for video calls and other capabilities. Shares surged a whopping 395% in 2020 as revenue exploded amid the surge in demand. Earlier this month, the companyreported another blowout quarterwith sales growth of 191% in the period ended April 30.\n\nHowever, Munger's longtime business partner and Berkshire CEOWarren Buffettis not seeing eye to eye on Zoom, saying he still prefers the old school telephone.\n\"I'm just not a Zoom guy,\" the 90-year-old investor said. \"I don't see any plus to it, particularly. I did it once or twice, and they had a whole screen of people that... I just didn't figure it was adding to the experience. I'd rather have my, you know, feet on the desk, and I find the telephone a very satisfactory instrument.\"\nCharles Munger, vice chairman of Berkshire Hathaway Inc., left, and Warren Buffett, chairman of Berkshire Hathaway Inc., attend a BYD Co. press event in China, on Monday, Sept. 27, 2010.Nelson Ching | Getty Images\nMunger's bull case for Zoom is based on his belief that business travel is unlikely go back to pre-pandemic levels. Meanwhile, he said office demand will stay low as many workers will likely have the flexibility to work from home.\n\"I think a lot of business travel will never come back. Just corporation after corporation deciding one meeting a year, two meetings a year in person, and the rest Zoom. And I think that's here to stay,\" Munger said.\n\"What's happened to office demand is just... think of the agonies in that field now. A lot of people have found they don't need to be there,\" Munger added. \"And I think a lot of people are going to decide that they can work three days a week and stay home the other. I think all kinds of things are gonna happen that... we don't go back to what we did before.\"\nDuring the first-quarter report, Zoom did warn of a coming slowdown as expansion drops from the pandemic-fueled 2020. 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Take cover...","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a> 50D MA is gonna dip below 100D MA. Take cover...","text":"$Sea Ltd(SE)$ 50D MA is gonna dip below 100D MA. 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