As I mentioned and shared yesterday, the down trend of Grab prices was a very common effect. (Refer to my post yesterday)
Bad results, retail investors dump. That why they are retail investors.
The all time low yesterday pushes up today prices.
Although it will not fully recover on the pre-financial price but an auto recovery will comes in.
End of the day, the company potential makes a lot of difference on how the retail investors invest.
Grab future cash cow will be financial services and end to end delivery service. Mobility will continue to increase not by aquire new drivers on the road but by aquiring new companies of the same kind.
Commercial logistics is also one of the key market Grab will be targeting too.
Digital banking will soon launch in Singapore and SEA.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- felixtjh·2022-03-04yea agreed man. people are taking a too short term view on this (which is a benefit for us) CUZ ITS MORE BUYING OPPORTUNITY 😍. Really hoping for it to drop further so I can buy more1Report
- JoeLeong·2022-03-06[Smile][Smile][Smile]1Report