koolgal
11-20 14:40

$Grab Holdings(GRAB)$ Grab's share price has been on a tear as it is up 9.4% on Tuesday trading and 13% in the past 5 days.  Grab has now skyrocketed 65% year todate.

What an amazing recovery for Grab! On November 12 Grab reported an excellent Q3 24 earnings that showed it turning back to being profitable.  It also raised its forecast for the full year 2024 revenue on expectations of strong growth.

Revenue grew 17% year over year.  Profit for the quarter was positive at USD 15 million.  Adjusted EBITDA improved by USD 62 million to an all time high of USD 90 million.

That is fantastic news for shareholders.  It is a great feeling to know that Grab has made progress compared to previous year quarter.  I have only invested in Grab 4 months ago as I believe that it is undervalued and oversold.  I am so happy that Grab is on the right track towards profitability. 

I am constantly on the lookout for companies that are undervalued and have lots of exponential growth ahead.  Grab has a wide moat in the South East Asian region in providing mobility services, food delivery and financial services as well. 

Grab, founded in Singapore, growing strong!

@Daily_Discussion  @Tiger_SG  @TigerStars  @Tiger_comments  @MillionaireTiger  @CaptainTiger  

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Comments

  • Tiger_CBA
    11-21 00:28
    Tiger_CBA

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    • koolgal:Β 
      Thanks 😍😍😍
  • Wallstreetbb
    11-20 17:33
    Wallstreetbb
    It’s only the beginning. They has been profitable in 2 quarter and sitting on huge cash flow / capital.
    • koolgal:Β 
      All the best πŸ€πŸ€πŸ€
    • koolgal:Β 
      Have a wonderful evening πŸŒƒπŸŒƒπŸŒƒ
    • koolgal:Β 
      Thanks for sharing your valuable insights 😍😍😍
    • koolgal:Β 
      Looking forward to another profitable earnings in Q4 24.
    • koolgal:Β 
      They even initiated a share buy back program which would bring more value to shareholders.
  • Applewagerdigger
    11-20 17:13
    Applewagerdigger
    Agreed! I’m still holding $Grab, sitting at around 40% profits now πŸ₯Ή Thanks for your regular posts!
    • Applewagerdigger:Β 
      Thank you! 🌺
    • koolgal:Β 
      Have a wonderful evening 🌌🌌🌌
    • koolgal:Β 
      Best of luck πŸ€πŸ€πŸ€
    • koolgal:Β 
      Happy that I have been able to share my ideas on Grab with you.
    • koolgal:Β 
      Congratulations πŸ’πŸ’πŸ’
  • Aaron Trevelyan
    11-20 17:21
    Aaron Trevelyan

    I want to know how the returns are for this stock currently?

  • 黑马1990
    11-21 04:58
    黑马1990
    ζ­ε–œζ­ε–œοΌŒε―ζƒœζˆ‘ζ²‘ζ₯εΎ—εŠδΈŠθ½¦ε°±η›΄ζŽ₯θ΅·ι£žδΊ†γ€‚η₯ζ‚¨ε‘θ΄’😊
    • koolgal:Β 
      Have a wonderful day πŸŒˆπŸŒˆπŸŒˆπŸ’°πŸ’°πŸ’°
    • koolgal:Β 
      Best of luck πŸ€πŸ€πŸ€
    • koolgal:Β 
      May you be equally blessed with Good Fortune tooπŸ™πŸ™πŸ™
    • koolgal:Β 
      Thanks for your good wishes 😍😍😍
  • KienBoon
    11-21 07:40
    KienBoon
    your Grab really fly to the space indeed. It keeps moving upwards. I didn't buy it. Oh no. Congrats anyway.
    • koolgalReplyKienBoon:Β 
      Yes I am.
    • KienBoonReplykoolgal:Β 
      Thank you for the encouragement indeed. Yap. We have to lookout for good value counters constantly. Are you full time investor ?
    • koolgal:Β 
      There will be plenty of opportunities in the future.
    • koolgal:Β 
      As they say, you win some, you lose some.
    • koolgal:Β 
      Thanks 😍😍😍
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