Grab Holdings Future Revenue
$Grab Holdings(GRAB)$
Over the past one week of trading, we have seen a lot of Grab trading and majority bare shorties.
The stock price was going between $3.30-3.60. except last Friday that hit $4.12.
Looking at the current prices, we can foresee that shorties investors are still here.
Grab Holdings need to maintain it position at $4.40 in order to stabilize their stock price. With this price, it gives the retail investors a stronger reason to hold on to their share price as the medium price as $4.80 to $5.50.
Grab Holdings should be now agressively preparing the digital banking facilities to the regions in SEA.
What are the prospects for Singapore’s digital banks?
OCBC, Singapore’s second largest lender, posted a net profit of US$1.1 billion in the January to March period, more than double the US$518.6 million recorded during the same period a year earlier. Growth in trading income, fees and commissions and insurance drove OCBC’s strong first quarter performance.
The earnings of UOB, the city-state’s third largest bank, grew at a more modest clip of 18% to US$729.9 million in the January-March period
Source: https://www.kapronasia.com/asia-banking-research-category/what-are-the-prospects-for-singapore-s-digital-banks.html
In conclusion, for Grab Holdings to have an immediate turn to be 100% profitable is unlikely. But with Digital Banking Service on board. Remittance and Bank loan to SMEs Micro finance in the market regions of Philippines, Thailand, Malaysia, Cambodia or Asean. Definitely will bring in the bulk revenue for Grab Holdings.
The above are just based on the Report analysis. It doesn't not represent any investment advice.
Comments
just observation. No worries.
Written by Kapronasia || July 01 2021