Analysis on GARP with strong economic moats, Moat Investing

Moat Investing

We are a group of experienced investors that like to dig deeper into stocks to find growth stories at a reasonable price with strong economic moats. We also aim to conduct high-quality analysis by doing deep dive on valuations, key business drivers, risk/reward, and different future scenarios.

Analysis on GARP with strong economic moats

GARP with strong economic moats

Equity Bottom-Up

<ul>
<li>In our last update on the stock, it was trading at $330 per share, up 20% from April when we considered the stock almost fairly valued in the best scenario.</li>
<li>Despite the recent sharp market correction, the mismatch is still in place and is even more evident considering sharp consensus downward revision going on after Q3 report.</li>
<li>Despite the fact the SE remains one of the most exciting growth equity stories, valuation has been insane for a while as expectations (especially around around Garena) were far too high.</li>
</ul>


In our last update on the stock, it was trading at $330 per share, up 20% from April when we considered the stock almost fairly valued in the best scenario.
Despite the recent sharp market correction, the mismatch is still in place and is even more evident considering sharp consensus downward revision going on after Q3 report.
Despite the fact the SE remains one of the most exciting growth equity stories, valuation has been insane for a while as expectations (especially around around Garena) were far too high.


Sea

Sea Limited, Reality Check In Progress