{"id":24910,"date":"2021-09-01T18:15:35","date_gmt":"2021-09-01T23:15:35","guid":{"rendered":"https:\/\/i2020i.com\/?p=24910"},"modified":"2021-09-01T18:18:49","modified_gmt":"2021-09-01T23:18:49","slug":"target-price-for-se340-on-9-1-2021-362-6-upside-from-today","status":"publish","type":"post","link":"https:\/\/i2020i.com\/?p=24910","title":{"rendered":"Target price for SE($340 on 9\/1\/2021) $362 &#8211; 6% upside from today"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i2020i.com\/wp-content\/uploads\/2021\/09\/image-800x432.png\" alt=\"\" class=\"wp-image-24911\" width=\"1250\" height=\"675\" srcset=\"https:\/\/i2020i.com\/wp-content\/uploads\/2021\/09\/image-800x432.png 800w, https:\/\/i2020i.com\/wp-content\/uploads\/2021\/09\/image-300x162.png 300w, https:\/\/i2020i.com\/wp-content\/uploads\/2021\/09\/image-768x415.png 768w, https:\/\/i2020i.com\/wp-content\/uploads\/2021\/09\/image.png 854w\" sizes=\"auto, (max-width: 1250px) 100vw, 1250px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>W pattern <\/li><li>main buy 345.3K at close<\/li><li>Great business growth and prospect.<\/li><\/ul>\n\n\n\n<p>(Bloomberg) &#8212; Forrest Li, Sea Ltd.\u2019s billionaire co-founder, chairman and chief executive officer, has become Singapore\u2019s richest person as shares of his company surged.<\/p>\n\n\n\n<p>Li, who was born in China and later became a Singapore citizen, is now worth $19.8 billion, according to the Bloomberg Billionaires Index, after Sea\u2019s American depositary receipts rose 67% this year. The city-state\u2019s second-richest person, paint tycoon Goh Cheng Liang, has a net worth of $17.7 billion.<\/p>\n\n\n\n<p>It\u2019s another example of how tech billionaires are climbing up the wealth rankings in countries across Asia. Earlier this year, Brian Kim, the founder of messaging giant Kakao Corp., became South Korea\u2019s richest person.<\/p>\n\n\n\n<p>Sea, Southeast Asia\u2019s most valuable company, has been turning to fintech for further growth beyond gaming and e-commerce, while also expanding beyond the region. It won a digital-banking license in Singapore in December and acquired Indonesia\u2019s PT Bank Kesejahteraan Ekonomi, better known as Bank BKE, people familiar with the matter said in January.<\/p>\n\n\n\n<p>Both moves \u201cshould allow the group to grow its SeaMoney business beyond payments to include lending, insurance, wealth management and other financial services,\u201d said Nathan Naidu, an analyst with Bloomberg Intelligence.<\/p>\n\n\n\n<p>SeaMoney, the company\u2019s digital-payments and financial-services business, saw total payments using its mobile-wallet services rise to more than $4.1 billion in the second quarter, up almost 150% from a year earlier, Li said on Sea\u2019s earnings call on Aug. 17. Sea\u2019s revenue rose 159% to $2.3 billion in the period.<\/p>\n\n\n\n<p>Sea\u2019s broader success has been founded on its mobile game Free Fire, which has exceeded 1 billion downloads on Google Play. It\u2019s also been driven by its e-commerce platform, Shopee, which has become the second-most downloaded shopping app on Android and iOS globally, Li said on the earnings call, citing App Annie data.<\/p>\n\n\n\n<p>Sea\u2019s three founders, Li, Gang Ye, and David Chen, started the company in 2009. Ye, chief operating officer, is worth $10.8 billion, while Chen, Shopee\u2019s chief product officer, has a net worth of $3.6 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>W pattern main buy 345.3K at close Great business growt [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[671],"tags":[],"class_list":["post-24910","post","type-post","status-publish","format-standard","hentry","category-tv-series"],"_links":{"self":[{"href":"https:\/\/i2020i.com\/index.php?rest_route=\/wp\/v2\/posts\/24910","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/i2020i.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/i2020i.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/i2020i.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/i2020i.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24910"}],"version-history":[{"count":2,"href":"https:\/\/i2020i.com\/index.php?rest_route=\/wp\/v2\/posts\/24910\/revisions"}],"predecessor-version":[{"id":24914,"href":"https:\/\/i2020i.com\/index.php?rest_route=\/wp\/v2\/posts\/24910\/revisions\/24914"}],"wp:attachment":[{"href":"https:\/\/i2020i.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/i2020i.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/i2020i.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}