Sea US SDR 50to1

$Sea(SE.US)SEA Limited ($Sea(SE.US)): A Southeast Asia Growth Story 🌏📈

SEA Limited continues to stand out as one of Southeast Asia’s most interesting tech companies, with exposure to e-commerce, digital entertainment, and digital financial services.

The opportunity is big: rising internet penetration, growing digital payments, and continued e-commerce adoption across the region could support long-term growth.

But investors should keep an eye on competition, profitability, valuation, and the company’s ability to sustain growth.

$Sea(SE.US) is a stock worth watching—but growth comes with volatility.

Not financial advice. Do your own research.

Sea just jumped 15% on Aug 11 because of a superb Q2 revenue which is US$7.79 billion, exceeding analyst expectation. It was a fantastic recovery from a disappointing Q4Y25 on Mar which make this stock sank by 23%. But looking ahead, Sea need to overcame fierce competition from PDD Holdings who is handling Temu and Pinduoduo ecommerce platform. They are aggressively selling goods directly from manufacture and offer free international shipping even for very low value item. But PDD share is also suffering with a drop of 17% YTD. Consumer will be cheering when they fight but their stock will suffer.$NVIDIA(NVDA.US)$Netflix(NFLX.US)

'Little Tencent' Sea 2Q26 First Take: Results remained solid. Core KPIs across the three segments — GMV, loan book, and game bookings — modestly beat estimates, underscoring healthy growth momentum.

Revenue came in over 10% above expectations, reflecting sustained monetization gains. The market-focused e-com margin continued to surprise to the upside, up 0.7ppt QoQ on a GMV basis.

In detail. Key points:

1) E-com: GMV grew 28.5% YoY vs. 26% est. It looks slightly slower QoQ, but the base this quarter was materially higher, so momentum remains strong.

2) Fin. services: The loan book grew 63% YoY this quarter, still decelerating QoQ but beating the 58% est. Growth remains robust despite the slowdown.

3) Games: While less spectacular than last quarter, performance remained solid. Bookings rose 15.5% YoY vs. 14% est.

$Sea(SE.US)

$Sea(SE.US) Look at this weekly base. If I dont see ER, I would have slapped some really big leaps on it. This stock deserves to breakout but I should also warn that they have a history of dropping 20-30% post ERs.

$Sea(SE.US)

Sea Limited: A Three-Engine Growth Story Still Gaining Momentum

Sea Limited continues to strengthen its digital ecosystem through Shopee, Monee and Garena. In 1Q2026, revenue climbed 46.6% YoY to US$7.1 billion, gross profit rose 40.7% to US$3.1 billion, while net income increased 6.7% YoY to US$438 million, demonstrating profitable growth despite continued investments.

Shopee remains the key growth driver, with management guiding for approximately 25% GMV growth in FY2026, supported by market leadership, logistics scale and higher advertising revenue. Monee delivered 57.8% YoY revenue growth, fuelled by digital payments, consumer lending and banking services, creating strong customer stickiness. Garena continues its recovery as Free Fire drives stronger bookings and cash generation. Together, these businesses form a high-barrier ecosystem through network effects, proprietary logistics, payments infrastructure and cross-platform user engagement.

Technically, Sea remains in a bullish uptrend, trading above its key moving averages with higher highs and higher lows. Compared with Tokopedia, Sea enjoys a more integrated ecosystem, stronger monetisation and broader regional market leadership. Key risks include intensifying competition from TikTok Shop, rising marketing expenses, credit losses within Monee and slower-than-expected GMV growth.

For options investors, the outlook remains bullish. A Bull Put Spread (30–60 DTE) suits income-focused investors expecting support to hold, while a Bull Call Spread (60–90 DTE) offers leveraged upside with defined risk. Long-term investors may also consider Cash-Secured Puts to accumulate shares at a lower effective purchase price while collecting option premiums.

This article is for educational purposes only and should not be construed as financial advice.

I see $SGX(S68.SG) as one of Singapore's highest-quality blue-chip companies because of its resilient business model, consistent dividend record, and ability to benefit from growing capital market activity.SGX recently reported a 72% year-on-year increase in securities trading value for June, capping a very strong FY2026. Higher trading activity directly supports transaction and clearing income.

SGX continues to expand beyond traditional exchange services, such as

introducing Singapore Depository Receipts (SDRs) for companies such as Grab, Sea and SpaceX, allowing investors to trade them in SGD during local market hours.Supporting Singapore's efforts to deepen its capital markets and attract more listings and investors.SGX has a long track record of paying dividends and generates strong cash flow with relatively low capital expenditure requirements, making it appealing for income-focused investors.Unlike high-growth technology stocks, SGX is more of a steady compounder. Returns are likely to come from a combination of dividend income and gradual earnings growth rather than rapid share price appreciation.

While the 3 big banks are having a whale of their time basking at their ATHs, The SDRs for bank related stocks - SEA limited (Mari bank) and GRAB (GXS co-owner with Singtel) has started trading on the SGX since yesterday (22 Jul). Both are offering investments through their platform, diversifying away from the plain Jane net interest income from CASA. Can the same fortune befall on these 2 stocks?

🦎 IGGY CLOSING BRIEF, 21 JULY 2026

🌆 That is a wrap on 21 July 2026. Here is what the session delivered.

SESSION SUMMARY

The Straits Times Index closed at 5,526.7, up 27.8 points or about 0.5 percent, snapping two softer sessions. Beneath the index, risk appetite was firmer than the headline suggests, with several smaller names posting double-digit gains. REITs were mixed to slightly firmer, not showing the yield pressure I was watching for this morning despite rising US Treasury yields.

MACRO INTO TOMORROW

Focus remains on tonight’s US session for direction on yields and any spillover into REIT valuations. Today gave no clean signal. The Iran and oil situation remains unresolved. Priority is identifying what is driving CSE Global’s move before tomorrow’s brief.

After the close, SGX announced Singapore depository receipts for Grab, Sea and SpaceX will begin trading tomorrow. This allows SGD exposure via CDP without a foreign brokerage account. This is access expansion, not a forensic call.

THREE MOVERS IGGY IS WATCHING

👁 Z74 SingTel, +0.45% to $4.42

Second day of small gains. No change to underlying yield quality concerns.

👁 544 CSE Global, +7.44% to $1.30

Up roughly 18 percent over two sessions with no confirmed driver. This has moved beyond noise. I want a verified explanation before commenting further.

👁 5E2 Seatrium, +2.00% to $2.04

Move aligns with broader risk-on tone. Structural concerns remain, with cash flow and interest coverage below threshold.

IGGY'S END OF DAY READ

A firmer session with decent breadth in smaller names, and no visible yield pressure in REITs yet. The key development is CSE Global. Two sessions of unexplained strength is a pattern. That needs answers.

Not financial advice. Iggy’s Forensic Compliance Standards apply.