CY09
2022-05-01

$Grab Holdings(GRAB)$prepare for another round of downward surprises. The company has an unprofitable model where if it raises fares too much, ppl will just switch to taxis. It's food delivery space has too many competitors as well. Target price is $1.10

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • seejay
    2022-05-01
    seejay
    it is not a surprise if the trend is almost always down or sideway
    • CY09: 
      yes their expansion at negative margins will mean losses grow. and they can't increase fares as they are not a monopoly
  • 58f9d7a4
    2022-05-01
    58f9d7a4

    $Grab Holdings(GRAB)$ prepare for another round of downward surprises. The company has an unprofitable model where if it raises fares too much, ppl will just switch to taxis. It's food delivery space has too many competitors as well. Target price is $1.10

  • JC888
    2022-05-01
    JC888
    所有SPAC-ed股票的价格都不太好。
    GRAB会一样吗？还是他们进军数字银行是解决方案？愿意赌这11。3020亿市值的公司？
  • Success88
    2022-05-01
    Success88
    I think author set target too high. think target should set $0.80cent
  • Road1Warrior
    2022-05-02
    Road1Warrior
    wow sad deal we got here...their expansion for scaling then?
  • Happy Bear
    2022-05-01
    Happy Bear
    $1.10 i dono, but down side yes
Leave a comment
1