Grab falls from $17+ to sub $3 and languish at $3+ like forever since listed and being dumped. SE rise from $15 to $370++ before and is now rallying from $35 bottom and already double in the past six months. It is obvious which stock to invest if you want a piece of the gig economy in SEA for US listed stocks.
Anthony Tan is a CMI CEO so don't waste your time and money in Grab. The same investment money would earn you multiple times profits even if you make a profitable trade in this extreme underperforming counter!
Modify on 2024-05-23 18:51
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- N30·05-23Couldn't agree more. Garbage company. Struggle to stay profitable even after cutting costs. The market will continue to discount the value of its stock.LikeReport