In this segment of "The Morning Show" on Motley Fool Live, recorded on Feb. 14, Fool.com Director of Small Cap Research Bill Mann gives a few thoughts about whether the time is right to buy Sea Limited (SE 2.68%) stock after one of its games was recently banned in India.
Bill Mann: HoleInOneTwice says if what happened does not matter, is now a good time to add to Sea Limited? So keep in mind that Free Fire, which is Garena's main game, accounts for about 10% of Sea Limited's revenues. There may be other shoes to drop, specifically Shopee, which is not a huge business in India, but India is a huge market for them. That shoe may drop.
To me, I have to go through a lot more work than I have gone through to this point but I think your instinct is right. I think your instinct is exactly right and it's not that it doesn't matter, it's that I don't really view whatever is happening in the country of India as being the final lesson or the final chapter in this story.
Sea Limited, not a Chinese company. So there is definitely a glide path for them. Absolutely. So be careful out there. These things, they can blindside you. I did not see this coming and I think about it a lot but it's out there.
