What is hard to comprehend about negativity on a company with sales of 787 million USD being valued now at 24 times sales. Why does the total addressable market impress so much? In their current markets, there is very low cell phone penetration, let alone smart phones. Very small middle classes, very corrupt governments that require their "cut", and high sensitivity to prices.
This company has no current value, and Gojek hopes to come public this year.
As for patience, maybe patience should be exercised, BEFORE buying any shares in this scam, whose only success is raising money, and rewarding the founders and bankers, out of the 4.5 billion they took from US investors.
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- zuhdi·2022-02-25it will go up again1Report