Grab Jumps 10% on Lift Guidance! Expect More Rally After Earnings?

Grab Holdings turned a profit in the third quarter, moving from a loss of $99 million (about SGD 132 million) a year ago to a profit of $15 million. The group expects strong business growth and has raised its full-year revenue forecast for fiscal year 2024. --------------- Will you trade Grab after it turns to profit? Do you use Grab services? What's your target price?

$Grab Holdings(GRAB)$  waiting for the main dish...
avatarETF Tracker
11-13 17:47

đź’°A Deep Dive into Southeast Asia ETFs: EWS, EWM, EPHE,THD & More

Southeast Asia’s leading tech giants, $Grab Holdings(GRAB)$ and $Sea Ltd(SE)$ Sea Ltd (SE), recently reported impressive earnings that exceeded market expectations. Thanks to strong growth in Q3, both companies sparked significant investor interest, with their stock prices rising by 11% and 10% respectively after the earnings report.While many analysts have already shared their views on the earnings, today I want to focus on the investment opportunities in Southeast Asia and explain why Southeast Asia ETFs provide an easy way for investors to tap into the region's growth potential.Why Invest in Southeast Asia Market ETFs?Southeast Asia is experiencing strong growth, particularly in e-commerce, digital finan
đź’°A Deep Dive into Southeast Asia ETFs: EWS, EWM, EPHE,THD & More
avatarAN88
11-13 04:38
$Grab Holdings(GRAB)$  yes usually will rally further after earning 
avatarKTG
11-12 22:32
$Grab Holdings(GRAB)$  holding it. Buy when low.
avatarHH浩
11-12 22:14
$Grab Holdings(GRAB)$  Still do not see how Grab is able to improve the top line after the covid-19 
avatarViren
11-12 21:22
$Grab Holdings(GRAB)$  long way to go for grab breaking 6$ soon #bullish 
avatarLawrenceSG
11-12 20:57
$Grab Holdings(GRAB)$   Sold call...not my money....lol
avatarMickey082024
11-12 16:34

Grab Ignoring the valuation, believing in the story?!

$Grab Holdings(GRAB)$ After more than 10 Quarter of loss in EPS, finally Grab have a breakthrough in Q3 2024, question is can this continues? Grab’s stock surged by up to 15% in late U.S. trading after the Southeast Asian ride-hailing and delivery giant raised its earnings forecast, citing benefits from cost-cutting measures to manage stiff competition. The company now projects adjusted full-year EBITDA of US$308 million to US$313 million, up from its previous high estimate of US$270 million. In the third quarter, Grab achieved US$90 million in adjusted earnings, beating analysts’ predictions of US$66.2 million, and recorded its second-ever net income. As Southeast Asia’s largest ride-hailing and delivery provider, the Singapore-based Grab is now
Grab Ignoring the valuation, believing in the story?!

A Buy Antithesis For Grab Q3 Earnings

$Grab Holdings(GRAB)$ managed to turn a profit in the third quarter of 2024, which was reported on November 11, and jumped more than 12% after the earnings report.An overview of the financialsRevenue: Q3 revenue was $716 million, up 17% year-over-year and 20% on a constant currency basis, beating expectations of $699 million; on-demand gross transaction value GMV reached $4,659 million, up 15% year-over-year and 18% on a constant currency basis.On the profit side, a turnaround was achieved with a profit of $15 million, a significant improvement from a loss of $99 million in the same period last year; adjusted EBITDA was $90 million, up 224% year-over-year.Operating cash flow was $338 million, up 5% year-over-year.Adjusted free cash flow was $138 m
A Buy Antithesis For Grab Q3 Earnings
$Grab Holdings(GRAB)$  its time to justify the value.
avatarjayc
11-12
$Grab Holdings(GRAB)$  Grab's revenue growth might slow slightly in the third quarter before potentially accelerating in the fourth quarter, supported by an expected rise in ride-hailing demand from Chinese travellers during China's Golden Week holiday. Sensor Tower data suggests Grab's transacting users could increase by over 10% compared to last year in Q3, although the adoption of lower-cost service tiers might dilute average spending per user, impacting overall revenue in mobility and food delivery.
avatarchuann
11-12
avatarTiger V
11-12

Grab's Growth Story – How to Invest and Benefit from Southeast Asia’s Rising Demand

Market Overview Grab Holdings' $Grab Holdings(GRAB)$  recent earnings announcement brought renewed investor interest as the company exceeded expectations and raised its full-year EBITDA forecast. Southeast Asia’s largest ride-hailing and delivery provider continues to progress towards profitability amid a competitive landscape, pushing its stock up 15% in after-hours trading. This performance reflects the broader resilience of Southeast Asian markets, driven by rising demand for digital services and a young, tech-savvy population. Despite macroeconomic pressures, such as inflation and cautious consumer spending, the region's economic fundamentals remain strong. Companies like Grab are positioning themselves to c
Grab's Growth Story – How to Invest and Benefit from Southeast Asia’s Rising Demand
avatarkoolgal
11-12

Is Grab A Buy After Q3 24 Earnings Report?

🌟🌟🌟Grab $Grab Holdings(GRAB)$  has just announced an excellent Q3 24 Earnings report on Monday. Its revenue grew 17% for the quarter to USD 716 million.  Grab has just delivered its 11th consecutive quarter of Adjusted EBITDA improvement and its 2nd positive Profit for the quarter. Grab is now serving more users than ever before with 42 million Monthly Transacting Users on its platform.  Grab is a leading Super App in Southeast Asia, providing everyday services such as mobility, deliveries and digital financial services to millions of people in the fast growing South East Asian region.  Grab is currently operating in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, Philippines, Thailand and Viet
Is Grab A Buy After Q3 24 Earnings Report?

SG Morning Call | Singapore Stocks Opened Lower on Tuesday; Singapore and China Step up Cooperation, Refresh Ties

Market SnapshotSingapore stocks opened lower on Tuesday. STI fell 0.16%.Stocks to Watch$CapitaLand Integrated Commercial Trust(C38U.SI)$ (CICT): Its manager on Tuesday announced that the trust has divested 21 Collyer Quay, an office asset in Raffles Place, for S$688 million to a third party. Net proceeds from the transaction will be used for debt repayment and capital expenditure financing, asset upgrading works, as well as investments, among other uses. Units of CICT ended Monday flat at S$1.97.$Frasers Hospitality Trust(ACV.SI)$ (FHT): Its distribution per stapled security for its second half ended Sep 30 stood at S$0.011682, down 0.8 per cent from the corresponding period in the previous year. Des
SG Morning Call | Singapore Stocks Opened Lower on Tuesday; Singapore and China Step up Cooperation, Refresh Ties
avatarNdus
11-12
avatarfyl
11-12
Great to see the good progress the company is making towards profitability.  Consistent and predictable results and strong leadership will get us there! Rooting for you Grab and Anthony!  Make us proud! 
Grab Shares Surge over 13% After Raising Annual Revenue Forecast
avatarShivam
11-11
$Grab Holdings(GRAB)$  Today is the day! Net loss to narrow down to zero! Next quarter company should start showing profit and it should start reflecting in the stock price. Q3 to Q4 if on growth path with no surprises the stock should be trading in the 4.40 to 5.20 range and upwards. 

Everything You Should Know Before Grab Q3 Earnings

$Grab Holdings(GRAB)$ GRAB is the dominant ride-hailing and food-delivery player in Southeast Asia. The platform provides a wide range of services, including ride-hailing for transportation, food delivery to satisfy cravings, as well as ventures into e-commerce and various fintech solutions. The company is expected to release Q3 2024 earnings report on 2024/11/11 ET after bell. As the company's core business, deliveries accounted for over 50% of the revenue in Q1, with mobility close to 40%. The profit growth and contributions of these segments have attracted widespread market attention. Market expectations for the Q3 2024 financial performance of the company are as follows: The company is projected to achieve a revenue of $699.83 million, represe
Everything You Should Know Before Grab Q3 Earnings

Grab Holdings (GRAB) Profitability Quarter Possible With Better EPS

$Grab Holdings(GRAB)$ is expected to release earnings on November 11, 2024 after the market closes (AMC). GRAB last reported earnings on 15 August 2024 before the market opened (BMO). GRAB shares declined -7.4% the day following the earnings announcement to close at 3.12. Following its earnings release, 87 days ago, GRAB stock has drifted +35.6% higher. From the time it announced earnings, GRAB traded in a range between 3.12 and 4.44. The last price (4.23) is closer to the higher end of range. The Singapore-based technology company likely achieved robust on-demand gross merchandise value of $4.57 billion in 3Q, driven by sequential growth across its mobility and delivery segments, Grab's investments in affordable offerings likely continued to gene
Grab Holdings (GRAB) Profitability Quarter Possible With Better EPS