MoonMoon
2022-09-25

$Grab Holdings(GRAB)$Bearish CNA just reported Grab is not doing major layoff. Compared to $Sea Ltd(SE)$who is determined to be self-sufficient within 12-18 months and have embarked onmassive layoff and restructuring and cost control, you can see that Grab is less resolved and probably not urgent (at least in its attitude) to slow down the cash burn. 

Bearish on Grab. With limited net cash, it will exhaust its funding soon. Be careful

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Comments

  • cheerzy
    2022-09-25
    cheerzy
    Anyone think this is gonna fill the gap around $5.70-80 area? Slowly moving up the past 2 months and always has decent volume
  • jat
    2022-09-26
    jat
    i hope SEA will see some results after the negative news of layoffs, those they announced seemed to be low expense contributors, hopefully they can turn ard with some results in the next 6 mths
  • bubblyx
    2022-09-25
    bubblyx
    all growth stocks are getting battered due to bidenflation, just have to sit back and be patient
  • Kerrisdale
    2022-09-25
    Kerrisdale
    Grab is holding on dead set? Or hoping for another round of funding.?
  • acjk
    2022-09-26
    acjk
    thanks for sharing
  • Lord Tan
    2022-09-26
    Lord Tan
    Grab is an elaborate way to suck money
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