Lionel8383
2022-05-30

$Grab Holdings(GRAB)$I can't see Grab digging itself out of the $3 range in the next year. Especially if there really is a recession later in 2022 or 2023, I think they really face the risk of dipping below $1 and face the risk of delisting. Stocks that dip below $1 for 30 consecutive trading days will trigger a delisting warning. A lot of potential towardsthe downside. Food delivery is still a loss making business unless they raise delivery fees, cut rider incentives and raise restaurant commissions. Maybe their biggest hope is the Financepart of the business becomes successful in the next 2 years.


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Comments

  • tentententen
    2022-05-31
    tentententen
    I hope u are wrong hee
  • LesterTan
    2022-05-31
    LesterTan
    I don’t buy a losing biz. There are lots of blue chips on bargains now eg adbe, fb, baba
  • LZ17
    2022-05-31
    LZ17
    still hoping to go up to more than $3
  • Eddie Teng
    2022-06-01
    Eddie Teng
    I would like to see it drop to below $2. I will buy if it happens [Happy] [Happy]
  • CY Tan
    2022-05-31
    CY Tan
    I think it is too early to write off Grab, they need to focus on profitability which has shown improvement QoQ recently.
  • Huat1333
    2022-05-31
    Huat1333
    At least weekly chart show sign of reversal , to be on the safe side imo....
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