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Soon Huat

2022-08-17

$Grab Holdings(GRAB)$Temasek kept its holding of 10 million shares in Grab Holdings. In spite of the numerous business risks that it faces, Grab’s position as a super-app in its own league gives investors confidence that it will outperform the given benchmark that gives it its current valuation, in a way that demonstrates to the world how it is worth more than 39.6 Billion dollars. Stay tuned for the upcoming Earning result and presentation by all the key executives.

Soon Huat

2022-08-04

$Lemonade, Inc.(LMND)$Wall Street Analysts Believe Lemonade (LMND) Could Rally 46%: Here's is How to TradeShares of Lemonade (LMND) have gained 3.8% over the past four weeks to close the last trading session at $20.97, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $30.69 indicates a potential upside of 46.4%.The average comprises eight short-term price targets ranging from a low of $15.50 to a high of $53, with a standard deviation of $13.65. While the lowest estimate indicates a decline of 26.1% from the current price level, the most optimistic estimate points to a 152.7% upside. More than the range, one should note

Soon Huat

2022-08-18

$Lemonade, Inc.(LMND)$They are buying since May and June. Gradually accumulate as mentioned. 20% drop from the peak is S&P500 bottom. A bit off timing to enter now as market has bottomed since 21st June Summer solstice date. But I predict this uptrend can gradually become fierce due to short sellers covering position.Of course along the way, there will be minor corrections, be prepared sometimes market might drop by a few days at some critical resistance level. But major trend is definitely up. Accumulate along the way. This Bull market can still run for a few years！

Soon Huat

2022-08-09

Grab Hits 10 billion Rides and Deliveries!

10 years, 10 billion rides. What a journey it’s been so far. Grab is proud to mark its 10th anniversary with 10 billion rides and deliveries made. We are honoured to have been a part of so many moments in people’s lives throughout Southeast Asia.With these 10 billion rides, we had travelled an incredible 60 billion kilometres together, bringing meals, groceries, packages, and transporting passengers to their destinations. 60 billion kilometres is equivalent to travelling on every road in the world 933 times over. Picture that.The 10 billion moment came exactly on the 4th of July, at 7:45:00 PM (GMT+8). Right that second, 108 rides and deliveries were started simultaneously in the region. One passenger in Sarawak, Malaysia was calling for a ride to a restaurant for dinner, and in West Java,

Grab Hits 10 billion Rides and Deliveries!

Soon Huat

2022-08-05

$Grab Holdings(GRAB)$State of New Jersey Common Pension Fund D bought a new position in Grab Holdings Limited (NASDAQ:GRAB – Get Rating) in the first quarter, Holdings Channel reports. The institutional investor bought 617,000 shares of the company’s stock, valued at approximately $2,160,000.A number of other hedge funds also recently bought and sold shares of the company. Parsons Capital Management Inc. RI bought a new stake in Grab in the 1st quarter worth approximately $150,000. SG Americas Securities LLC bought a new stake in Grab in the 1st quarter worth approximately $711,000. Daiwa Securities Group Inc. bought a new stake in Grab in the 1st quarter worth approximately $208,000. Exchange Traded Concepts LLC lifted i

Soon Huat

2022-08-06

$Grab Holdings(GRAB)$In general, I'm quite bullish on Grab, with a consensus target price of $4.74/share – indicating approximately 70% upside. According to the Bloomberg Terminal, as of July 2022, we see Grab’s revenues in 2025 at $4.55 billion. This would equal a 3-year CAGR of approximately 30%, from 2022 to 2025. Moreover, the company is expected to break-even in the same year, recording EBITDA of $450 million and a net-income attributable to shareholders of $0.11/share.

Soon Huat

2022-08-25

$Grab Holdings(GRAB)$Everyday jam jam jam since June this year. Pray hard for tonight's result announcement!Singapore’s Grab Holdings Ltd, once South-East Asia’s most valuable startup, is faltering behind GoTo Group in the public markets as it fights to gain ground on its Indonesian ride-hailing rival’s home turf.The unprofitable companies are both struggling to convince investors of their moneymaking potential after staging their stock-market debuts in recent months. Yet GoTo has fallen less than its competitor and its market value of about US$26bil (RM116.67bil) is now twice that of its Singaporean peer. The companies are each set to report quarterly earnings in the coming days.

Soon Huat

2022-08-19

$Grab Holdings(GRAB)$Coca Cola 🤝 GrabLeading beverage company Coca-Cola and Grab, Southeast Asia’s leading superapp, today announced an integrated regional partnership that will build on Coca-Cola’s extensive offline retail presence and Grab’s large online network to unlock growth opportunities in a booming digital consumer market. Both companies will also collaborate on impact initiatives to accelerate digital skilling for merchants and promote convenience and an array of beverage choices for consumers. “At Coca-Cola, we are transforming our business model for the digital age. This new multi-market partnership extends our online reach and enables us to stay ahead of changing shopper trends as we drive customer value and

Soon Huat

2022-08-12

$Grab Holdings(GRAB)$SINGAPORE, August 11, 2022 – Grab, Southeast Asia’s leading superapp, announced two new initiatives to drive inclusive growth in Southeast Asia today at the official opening of its Headquarters @ Singapore. The new initiatives include a US$1 million GrabScholar programme to disburse scholarships and bursaries to students across Southeast Asia, and a new GrabMerchant Centre to help small businesses grow online. Grab Headquarters @ Singapore was launched in the presence of Singapore’s Deputy Prime Minister and Minister for Finance Lawrence Wong.“As we celebrate Grab’s 10th anniversary this year, we hope that our announcements today will help small businesses and our future workforce upskill and maximise

Soon Huat

2022-08-15

$Lemonade, Inc.(LMND)$The momentum has yet shift! Do you know what's the exponential impact for an insurance company?One of the fascinating and amazingly powerful drivers of insurance is that the lifetime value of a customer can grow 10 and sometimes 100x, and it's literally a lifetime. It's not a three- or four-year lifetime, it's a 30-, 40-year lifetime. And that is now happening in their business. So a quarter of their sales this last quarter came from existing customers buying a second policy or buying more coverage. Cross sales, upsells has now become a central part of their business in a way that it almost didn't exist just 24 months ago.Lemonade will have minor technical correction this week, but advised to hold for long term benefits.

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