Yifeishan
2021-04-13

$Altimeter Growth Corp.(AGC)$unpopular opinion: this merger with Grab is a shit one. Grab has great revenue growth but losses are increasing as well. I won't be surprise if this stock becomes like CCIV Lucid merger news: drop 50% after news. Just FYI.

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Comments

  • LewisP
    2021-04-14
    LewisP
    Current pRice is valuing them at $50B
    • Yifeishan: 
      yea which to me is too high. some argue Grab is like SEA, not just ride hailing and food delivery. Sure but that's too future, I wont bet on it
  • M88
    2021-04-13
    M88
    Grab is good but the US$40 billion valuation is quite high. Uber is only $110b.
  • CDED
    2021-04-13
    CDED
    被你说中了
  • Juliusgreyy
    2021-04-13
    Juliusgreyy
    This will be your typical ‘Buy the rumour , sell the news’.
  • Yifeishan
    2021-04-13
    Yifeishan
    this merger is for Temasek GIC Softbank to take profit on their investment. They will be laughing and smiling after this merger. We might not.
  • Yifeishan
    2021-04-13
    Yifeishan
    And Grab has been in business for what 10yrs? And losses still no signs of improving but competition is fierce with GoJek and other food delivery co.
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