$Grab Holdings(GRAB)$prepare for another round of downward surprises. The company has an unprofitable model where if it raises fares too much, ppl will just switch to taxis. It's food delivery space has too many competitors as well. Target price is $1.10

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.

Report

Comment

  • Top
  • Latest
  • seejay
    ·2022-05-01
    it is not a surprise if the trend is almost always down or sideway
    Reply
    Report
    Fold Replies
    • CY09
      yes their expansion at negative margins will mean losses grow. and they can't increase fares as they are not a monopoly
      2022-05-01
      Reply
      Report
  • 58f9d7a4
    ·2022-05-01

    $Grab Holdings(GRAB)$ prepare for another round of downward surprises. The company has an unprofitable model where if it raises fares too much, ppl will just switch to taxis. It's food delivery space has too many competitors as well. Target price is $1.10

    Reply
    Report
  • JC888
    ·2022-05-01
    All SPAC-ed shares haven't fare well in price.
    Will GRAB be the same OR will their venture into Digital Banking be the solution? Willing to bet on this 11. 302 BILLION market cap company?
    Reply
    Report
  • Success88
    ·2022-05-01
    I think author set target too high. think target should set $0.80cent
    Reply
    Report
  • Road1Warrior
    ·2022-05-02
    wow sad deal we got here...their expansion for scaling then?
    Reply
    Report
  • Happy Bear
    ·2022-05-01
    $1.10 i dono, but down side yes
    Reply
    Report
  • Dita
    ·2022-05-02
    Wow that target's lower than expected
    Reply
    Report
    Fold Replies
  • CY Tan
    ·2022-05-02
    Grab-Singtel Digital Bank joint venture can be a game changer in SEA.
    Reply
    Report
  • Goget
    ·2022-05-04
    Oh no. Not vested in this but situation looks challenging .. but i am a great fan of grab pay😊
    Reply
    Report
  • highhand
    ·2022-05-03
    $Grab Holdings(GRAB)$ not the next $Tesla Motors(TSLA)$ ? [Grin] [Grin] [Grin]
    Reply
    Report
  • VivianChua
    ·2022-05-02
    improving soon
    Reply
    Report
  • Hoys
    ·2022-05-02
    Grab your seats
    Reply
    Report
  • Numero
    ·2022-05-02
    It’s simply grossly unprofitable, overrated.
    Reply
    Report
  • airui
    ·2022-05-02
    ordering grabfood later
    Reply
    Report
  • tx34
    ·2022-05-02
    Already dropped like crazy since listing
    Reply
    Report
  • kTbK
    ·2022-05-02
    Interesting
    Reply
    Report
  • Dazza7
    ·2022-05-02
    They should just disappear from the face of the stock market
    Reply
    Report
  • Xman0808
    ·2022-05-03
    Wow. Amazing target.
    Reply
    Report
  • asr68
    ·2022-05-03
    ia this a recovery stage or cobtinue dowbtrend?
    Reply
    Report
  • Stingray8
    ·2022-05-02
    Down down down 🥲
    Reply
    Report