SG Talk

(18-01-2022, 06:01 PM)sgbuffett Wrote: [ -> ]A stock does not become cheap and worth buying simply because it fell

Even at $3, I won't buy.the company has negative cashflow and every business segment has strong competitors with more money
1. GrabPay competes with shoppee pay and FavPay and half dozen others.

2. It's ride business competes with comfort and GoJek.

3. Food Delivery it competes with deliveroo, food panda, etc.

In order to keep competing it has to burn cash once cash is gone, it will sell stock and dilute...No what does it win? A tiny market.....

CHEAP CAN BE CHEAPER TO 0

(18-01-2022, 06:45 PM)starbugs Wrote: [ -> ]The two bolehland founders have made their millions. One bought his GCB. Their exits are secured. The stock is worth zero.

(18-01-2022, 06:45 PM)starbugs Wrote: [ -> ]The two bolehland founders have made their millions. One bought his GCB. Their exits are secured. The stock is worth zero.

(18-01-2022, 08:16 PM)Napoleon Porlumpar Wrote: [ -> ]unless they sold enough shares to pay for the house in full................if they pay installments, they might get wiped out if property prices drop and the bank make them pay higher interests..........??


i hope GRAB will go bust.................stock price go down and they have to pay more bank interests on loans...............can't raise new funds................go bust liao, a lot of Sinkies will be jobless.............OPPO huat big ah..................

(19-01-2022, 05:14 PM)[[ForeverAlone]] Wrote: [ -> ]lol EXPECTED.  My Rich Uncle give a dam on their IPO whatever, Grab is a crap company in the first place.