$Grab Holdings(GRAB)$ Grab's share price has been on a tear as it is up 9.4% on Tuesday trading and 13% in the past 5 days.  Grab has now skyrocketed 65% year todate.

What an amazing recovery for Grab! On November 12 Grab reported an excellent Q3 24 earnings that showed it turning back to being profitable.  It also raised its forecast for the full year 2024 revenue on expectations of strong growth.

Revenue grew 17% year over year.  Profit for the quarter was positive at USD 15 million.  Adjusted EBITDA improved by USD 62 million to an all time high of USD 90 million.

That is fantastic news for shareholders.  It is a great feeling to know that Grab has made progress compared to previous year quarter.  I have only invested in Grab 4 months ago as I believe that it is undervalued and oversold.  I am so happy that Grab is on the right track towards profitability. 

I am constantly on the lookout for companies that are undervalued and have lots of exponential growth ahead.  Grab has a wide moat in the South East Asian region in providing mobility services, food delivery and financial services as well. 

Grab, founded in Singapore, growing strong!

@Daily_Discussion  @Tiger_SG  @TigerStars  @Tiger_comments  @MillionaireTiger  @CaptainTiger  

# Winning Trades

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  • Tiger_CBA
    ·11-21
    TOP

    Your success is a testament to your patience and strategic thinking. Keep up the great work in the market! Trade with Tiger Cash Boost Account and use contra trading to enhance your strategies.🤩🎉

    Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.

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    • koolgal
      Thanks 😍😍😍
      11-21
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  • Wallstreetbb
    ·11-20
    TOP
    It’s only the beginning. They has been profitable in 2 quarter and sitting on huge cash flow / capital.
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    • koolgal
      All the best 🍀🍀🍀
      11-20
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    • koolgal
      Have a wonderful evening 🌃🌃🌃
      11-20
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    • koolgal
      Thanks for sharing your valuable insights 😍😍😍
      11-20
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  • Agreed! I’m still holding $Grab, sitting at around 40% profits now 🥹 Thanks for your regular posts!
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    • Applewagerdigger
      Thank you! 🌺
      11-20
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    • koolgal
      Have a wonderful evening 🌌🌌🌌
      11-20
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    • koolgal
      Best of luck 🍀🍀🍀
      11-20
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  • Aaron Trevelyan
    ·11-20
    TOP

    I want to know how the returns are for this stock currently?

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  • 黑马1990
    ·11-21
    TOP
    恭喜恭喜,可惜我没来得及上车就直接起飞了。祝您发财😊
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    • koolgal
      Have a wonderful day 🌈🌈🌈💰💰💰
      11-21
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    • koolgal
      Best of luck 🍀🍀🍀
      11-21
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    • koolgal
      May you be equally blessed with Good Fortune too🙏🙏🙏
      11-21
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  • KienBoon
    ·11-21
    TOP
    your Grab really fly to the space indeed. It keeps moving upwards. I didn't buy it. Oh no. Congrats anyway.
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    • koolgalReplying toKienBoon
      Yes I am.
      11-21
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    • KienBoonReplying tokoolgal
      Thank you for the encouragement indeed. Yap. We have to lookout for good value counters constantly. Are you full time investor ?
      11-21
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    • koolgal
      There will be plenty of opportunities in the future.
      11-21
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  • icycrystal
    ·11-20
    TOP
    thanks for sharing and congratulations!
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    • icycrystalReplying tokoolgal
      yep [smile]
      11-20
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    • koolgal
      All the best 🍀🍀🍀
      11-20
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    • koolgal
      Thanks for your support 😍😍😍
      11-20
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  • zuma
    ·11-21
    thx
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    • koolgal
      Best of luck 🍀🍀🍀
      11-21
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    • koolgal
      Have a wonderful day 🌈🌈🌈💰💰💰
      11-21
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    • koolgal
      My pleasure 😍😍😍
      11-21
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