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Sea Limited American Depositary Shares each representing one Class A (SE $116.49)
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Electrovaya Inc. (ELVA $14.61)
Q: Hi Super Team!
Apologies for one of those “apples to oranges”kind of questions but I have some cash to deploy and am deciding between SE and ELVA.
I realize they are very different but if I’m looking for projected growth, reasonable valuation and some strong fundamentals which would you pick today?
This is for a 3-5 year hold and is a 3% allocation in terms of my total portfolio.
As always, thank you so much for all you do.
Apologies for one of those “apples to oranges”kind of questions but I have some cash to deploy and am deciding between SE and ELVA.
I realize they are very different but if I’m looking for projected growth, reasonable valuation and some strong fundamentals which would you pick today?
This is for a 3-5 year hold and is a 3% allocation in terms of my total portfolio.
As always, thank you so much for all you do.
5i Research Answer:
We made some brief comments on SE this week. It is 32X earnings now with continued weakness. The balance sheet is very strong and consensus calls for solid growth this year. Please see this thread for this week's comments on ELVA. It is massively smaller, but showing much better momentum and does have potential We would side with ELVA but only if an investor is fully comfortable with the volatility of small caps.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in SE.