hotwheels
2022-01-15

$Grab Holdings(GRAB)$Grab shares to surge over 80% to $12.5 by 2022 end, forecasts JP Morgan

Grab‘s first few days of public life haven’t been the easiest, with its shares ending last week at US$7.12 apiece, which is roughly a 45.5% discount to its opening price on December 2. Tech in Asia also recently reported that the Singapore giant’s shares may slump further in the first half of 2022 as more stock is released to the public.

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Comments

  • littlesweetie
    2022-01-16
    littlesweetie
    Remember when GME was $480/share? They were predicting the moon was at $10,000/share. This stock won't reach any moons. It will hit the floor though.
  • BernardLL
    2022-01-15
    BernardLL
    I will not be surprised if it hits below $4 before end of this year
    • chaicka: 
      If earnings keep validates its over-valuation, indeed it may fall lower as more hold-outs decide to cut losses.
  • chaicka
    2022-01-18
    chaicka
    A one-off rally may happen when Singapore and ASEAN re-open fully sometime in 2022. Recover as much as possible, before it dives again when earnings disappoint.
  • EmilyMark
    2022-01-16
    EmilyMark
    "This stock is floating on air. A few more big volume days and this will fall through $120. Then the painful, inevitable march to double digits. There might be some support around $50
  • RichDen
    2022-01-19
    RichDen
    50 percent u listen, 50 percent u see.... 100 percent u-self responsibility
    • Magus007: 
      I like that 50-50 [Facepalm][LOL]
  • BorisBack
    2022-01-16
    BorisBack
    All of you bashers are a big sign for longs to hold. We're not selling, we can see on the Ortex that a ton of share were borrowed to move this down. The short % just keeps rising and we're holding!
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