Anyone would grab Grab if the price is at $1.00 even its loss making?

Grab Soared Nearly 12% in Morning Trading as Its Q1 Sales Jumped From $216.00M to $228.00M

Grab soared nearly 12% in morning trading as its Q1 sales jumped from $216.00M to $228.00M.Revenue f
Grab Soared Nearly 12% in Morning Trading as Its Q1 Sales Jumped From $216.00M to $228.00M

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  • FattAgain69
    ·2022-05-19
    If their current revenue can more than cover their current cost, it is still investable. Otherwise, run.
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    • FattAgain69Replying toMing Shao
      You have to differentiate money spent on development vs money spent on operations. For example, you don't expect returns on R&D to come till a few years later.
      2022-05-19
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    • Ming Shao
      Unlikely for the next few years as they are burning cash to build the business.
      2022-05-19
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    • chaicka
      How many actually read and digest the full financial report instead of listening to incomplete twisted narrative from media? [Smile]
      2022-05-19
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  • Eded
    ·2022-05-20
    1 dollar would have delisfed !
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  • Ming Shao
    ·2022-05-19
    Agree.
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    • StockPredictor
      It also depend how much cash they have to sustain the annual loss.. 2021 lost 3bil, and the cash only can last 3-4 years  most.. If revenue cant cover the operation+R&D.. .. plus nw compet are strong
      2022-05-19
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  • MyMelody
    ·2022-05-19
    No
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