$Grab Holdings(GRAB)$ A BUY!
Over the last week, Grab has announced their financial report.
And the result wasn't really encouraging.
They loses billion of dollars after Thursday trading hours.
On Friday, there were a rebound of 20% in the first hours and then trade downward back to the regions of $3.30 and closed the post market at $3.40.
Grab being the biggest super apps in South East Asia.
Although their financial report results were not tasty. But the potential of this company bring many new lights to institutes and retail investors.
1. Mobility expected to be recovered after most of the South East Asia borders are opening up. Vietnam, Philippines, Thailand and Malaysia.
2. Logistics - upcoming delivery service will bring place for the company to take up to expand it logistics wing.
3. Financial Services - which is the biggest and the most potential cash cow of Grab. Singtel and Grab partnership will be bringing digital banking to the South East Asia markets. Micro finance, SME loans maybe up to 50 to 500 millions dollars.
The current hurdle situation - Russia and Ukraine war. These bring a lot uncertainties to the retail investors as they want to secure their principal investment. Thus, we are looking at a lot shorties investors buy in when the stock prices are low and selling out with very minimum profit.
My personal opinion and not recommending to investors. Is to stay put with it and hold is an option.
In conclusion, Grab Holdings should be still a good buy in especially with the current prices. Especially for those retail investors on shorties.
Long term retail investors are also in the good when the next business grab is aquiring to generate future stable revenue.
Comments
I always felt stocks are to buy the company business not to speculate- shorties.
Patience is the key.
No business owner want their business to go down. that is the fundamental