$Grab Holdings(GRAB)$ Today is

$Grab Holdings(GRAB)$ Today is the day! Net loss to narrow down to zero! Next quarter company should start showing profit and it should start reflecting in the stock price. Q3 to Q4 if on growth path with no surprises the stock should be trading in the 4.40 to 5.20 range and upwards.

Grab Jumps 10% on Lift Guidance! Expect More Rally After Earnings?

Grab Holdings turned a profit in the third quarter, moving from a loss of $99 million (about SGD 132 million) a year ago to a profit of $15 million. The group expects strong business growth and has raised its full-year revenue forecast for fiscal year 2024. --------------- Will you trade Grab after it turns to profit? Do you use Grab services? What's your target price?

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Comments

QiQi12
11-12
QiQi12
Yahoo fiance news says the fair value should be 5.98. So $6 is the goal of this wave
Shivam
11-12
Shivam
Hope that happens! I bought it on listing so long way to go. Long run this should give good returns. Next 2-4 quarters might be game changing. They should start making profits first.

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