$Grab Holdings(GRAB)$Yes the stock is currently cheap but cheap can get cheaper. Fundamentally not a good investment. First, it is in a highly competitive industry where profit margin is low. Then looking deeper it has huge debt, no free cash flow, continue to burn cash to sustain its business. In a high interest rate environment, many businesses will unsustainable business model will fail. Hopefully not this company as I'm a user but not an investor.
💰 Stocks to watch today?(22 Nov)
1. What news/movements are worth noting in the market today? Any stocks to watch?
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