To The Moon

$Grab Holdings(GRAB)$

Many investors has bought it at a high price thinking that it will be profitable over a period of time. Grab has decided to use the SPAC route

What is SPAC?

It is known as special acquistion company which is also known as blank cheque company to gather funding. It is a cheaper route comparedto IPOs.

PRICE TARGET

Many bagholders have bought it off $12-20. I personally think that this stock is only worth $4-5 dollars. As much as GRAB is targetting the ASEAN market, it isnt as popular in the states. Most of the investors that are trapped are coming from Asia. GRAB market shares has been falling as there are more competitors entering the market. Many competitors are offering better competitive price for consumers , whereas GRAB has been increasing its price. This is a turnoff to consumer although it is trying its best to recover some revenue.

As it may have seen fanciful and painted pretty that GRAB is one of the huge anticipated listing, it is not as grand as it seems. GRAB services are too diversified. It is trying to gain its pie of market in everything, yet it does not do well in any.

For shareholders who are already vested in Grab, this is a long term investing. You might beone of the investor who is seeing -50% loss. There are two methods to recover:

Dollar cost averaging

Add in more shares in multiple positions. Overall the price should be able to even out.

Covered callls

You might earn some pocket money from it. But in the long run, you should be able to recover some of the money.