$Grab Holdings(GRAB)$  , is a stock to invest now? Analyst reported that grab is cutting cost, seen as a move towards profitability (Straits Times December 19 2022).

If I have $5000, I may hesitate to buy Grab despite its bold aim to break even in second half 2024. I would probably buy T bills or place in Fixed Deposits in the meantime.

I will start reviewing the possibility of my investment in Grab in early 2024 when its profitability target is clearer.

Right now, my confidence in Grab is not high given the following factors. 

One, it is still not making money, which is against my principle of share investment. 

Second its share prices have fallen from a high of some $13 to its cuurent low of around $ 3 plus.

Third, it faces challenges in overseas market like Indonesia where GoTo is a strong contender. 

Fourth, its labour intensive businesses in delivery n transportation faces manpower challenges in Singapore.

Fifth, I like and use Grabpay but it faces tough competition from other payment platforms, which offers greater rewards for my use lately.

Its venture into digital banking with Singtel seems promising but faces competition from traditional banks and other digital banks like TRUST digital banks.

Rising energy prices affect delivery and ride hailing while rising interests eat into operational costs.

As much as I love Grab, as for now, I will not invest in it. I hope I can own some of its shares in near future soon

I have faith in it, given its market dominance in 480 cities across 8 countries. It is a matter of time when dark clouds dissipates and rainbow appears in the horizon. That is the time I will start to put my money in the business and ride the upward trend. I hope to reap capital gains and handsome dividends from it. 

Just my opinion. Not meant to encourage or discourage you. Each of us have our own personal investing strategy and philosophy. 

Best wishes and early Christmas greetings. May Santa-claus grant or give us nice presents on Christmas day and May the new year brings us joy and happiness and wealth.