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

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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
    All SPAC-ed shares haven't fare well in price.
    Will GRAB be the same OR will their venture into Digital Banking be the solution? Willing to bet on this 11. 302 BILLION market cap company?
  • 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
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