Grab: Upgrading Our Rating To Hold Based On Valuation

zookie
2023-03-23

Grab is paving the way to be a digital bank too. Already got the licence to operate. They focus mainly on digital and do payment service, transportation, delivery and many more. Private investor like sovereign funds and others already bought in before ipo. Go to Thailand, Vietnam, Malaysia, Singapore to name a few countries where Grab take up almost 90% market share in that country itself. Once boarder open and tourism back close to normal, revenue going to rocket again. They threw incentives to Drivers and gain market share like crazy right front the start. Even though I regretted buying early on ipo day. I am alright to own 3k share for now. Very good luck to all the Longs. Cheers and hang on. Let the dust settle and make good profit.$Grab Holdings(GRAB)$

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Comments

  • AnaiAnai
    2023-03-23
    AnaiAnai
    support your view. Only time Grab will be profitable after narrowing losses every Qtr onwards.
  • tradelaggard
    2023-03-26
    tradelaggard
    okay
  • Ray Kwan
    2023-03-24
    Ray Kwan
    [呆住]
  • GANCL
    2023-03-23
    GANCL
    👍
  • YH999
    2023-03-23
    YH999
    nice
  • willwees
    2023-03-23
    willwees
    interesting
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