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+--- Thread: Grab is falling like nobody business (/Thread-Grab-is-falling-like-nobody-business)
Grab is falling like nobody business - p1acebo - 03-03-2022
Huat Ahhh!!!!
RE: Grab is falling like nobody business - p1acebo - 03-03-2022
Was the latest results bad?
RE: Grab is falling like nobody business - singlon - 03-03-2022
yes beri bad
direction no good.
Klaus schwab lost
Singapore Green platform collapses
GESARA launched
Ripple(XRP) can replace SWIFT
when Putin demands Gold for his energy LONGchong gone
u need cheap energy to be wealthy dat the scrpt
keep gold cheap and oil will flow become the mantra
RE: Grab is falling like nobody business - starbugs - 03-03-2022
Only listed for 4 months, but share price dropped >60%.
RE: Grab is falling like nobody business - [[ForeverAlone]] - 04-03-2022
(03-03-2022, 11:59 PM)starbugs Wrote: Only listed for 4 months, but share price dropped >60%.
on business time facebook i think last month or so , I comment Grab stock cannot buy, than got this fellow reply to me comment , what e payment this and that etc summary talk like Grab will profit like that. Some reply to him and claim " Oh seem like someone buy Grab stocks lol "
RE: Grab is falling like nobody business - sgbuffett - 04-03-2022
Loss making companies like Sea and Grab were jusat bubble stocks and likely to drop to zero.
The basic thing about business is you need to be profitable to survive.
Something some investors don't seem to understand....if you keep making losses you will die.
As economy sour, the storyline that these companies will "one day" be profitable becomes remote.
RE: Grab is falling like nobody business - sgbuffett - 04-03-2022
(04-03-2022, 03:14 AM)[[ForeverAlone]] Wrote: on business time facebook i think last month or so , I comment Grab stock cannot buy, than got this fellow reply to me comment , what e payment this and that etc summary talk like Grab will profit like that. Some reply to him and claim " Oh seem like someone buy Grab stocks lol "
Death rate of such money burning company is 95%> if grab keep losing money it has to raise cash by selling more and more stock. Same with Sea.
Either stock is massively diluted or company dies.
In 2020 the investing in loss making "disruptive tech" became fashionable due to success of Tesla. Most of these are loss making.
If you look at history the success rate of such companies is 1 in 20. If you buy at inflated prices in 2020 these stocks drop 90% ...even if some succeed you still lose.
Sea will drop to $10-20...then maybe can look at it because it's gaming arm is worth something. They should close shoppee because they have no big cash cow to fight attrition war with Alibaba.
Grab will just go to zero. If it just keep payment and digital banking maybe it is worth 20cts. But if it keep all the loss business like ride hailing....it will go to zero.
RE: Grab is falling like nobody business - sgbuffett - 04-03-2022
Grab loss is $1B on revenue of $100M.
The best thing to do with such a business is close down and stop losing money. It is actually losing more money and having lower revenue from last year.
To continue it has to do rights issue to get more money to burn off....this company is not viable.
I don't see how it can avoid going to zero.
Shares of Grab Holdings Ltd , the largest ride-hailing and food delivery firm in Southeast Asia, fell 31.6% to $3.57
* Stock's worst day since going public in December via a SPAC deal
* Co reports a fall in revenue and bigger loss for Q4 from a year earlier as it focused on improving commissions for drivers and promotional offers...
* Revenue was $122 mln for the three months ended Dec. 31, compared with $219 mln a year ago
* Loss for the period was $1.1 bln, including expenses related to its December public listing, compared with a loss of $635 mln a year earlier
* Eight of 11 brokerages rate the stock "buy" or higher, two "hold" and one "sell"; their median PT is $8.70 - Refinitiv data
* Including session losses, stock down 80% from its Jan. 22 peak
RE: Grab is falling like nobody business - p1acebo - 04-03-2022
Kateks no die pain pain
RE: Grab is falling like nobody business - singlon - 04-03-2022
Lots of other types base on Klaus schwab GREEN will be hit.
POK-ed so please disappear
RE: Grab is falling like nobody business - p1acebo - 04-03-2022
https://finance.yahoo.com/news/grab-reports-fourth-quarter-full-120100664.html
RE: Grab is falling like nobody business - RiseofAsia - 04-03-2022
This Grab platform is for driverless car lah….
RE: Grab is falling like nobody business - Huliwang - 04-03-2022
Never use GRAB before but from what I see this company seems to bring convenience to many people's lives. It would be a pity if it collapsed......
RE: Grab is falling like nobody business - AngweeMan - 04-03-2022
Temasek/GIC is a key shareholder of grab isn't it? Will they buy more in open market to average down?
RE: Grab is falling like nobody business - Ola - 04-03-2022
Logically
"Easy Come, Easy Go"
Why do you think PAP made it so fcking easy to start a business here
Just a paltry amount and can register in ACRA
Because many business come, and many business go
RE: Grab is falling like nobody business - cityhantam - 04-03-2022
(04-03-2022, 08:12 AM)AngweeMan Wrote: Temasek/GIC is a key shareholder of grab isn't it? Will they buy more in open market to average down?
They already made a lot of money when Grab went public!
RE: Grab is falling like nobody business - starbugs - 04-03-2022
Grab's digital banking license should be revoked. Having this kind of bank with dubious fundamentals is a systemic risk to SG's financial sector.
RE: Grab is falling like nobody business - A2Z - 04-03-2022
True to its name Grab - Ceo Anthony Tan already grabbed a prized GCB 1 or 2 years ago.
RE: Grab is falling like nobody business - starbugs - 04-03-2022
"Grab's revenue fell 44 per cent to US$122 million in the fourth quarter, well below the average analyst estimate of US$167 million, according to Refinitiv data. Its loss widened to US$1.1 billion, including expenses related to Grab's listing, versus a loss of US$635 million a year earlier."
https://www.channelnewsasia.com/business/grab-shares-crash-37-revenue-plunges-promotions-driver-incentives-2537766
RE: Grab is falling like nobody business - Bluebull - 04-03-2022
What do you expect from a ah tiong jhk?
RE: Grab is falling like nobody business - [[ForeverAlone]] - 04-03-2022
(04-03-2022, 04:59 AM)sgbuffett Wrote: Death rate of such money burning company is 95%> if grab keep losing money it has to raise cash by selling more and more stock. Same with Sea.
Either stock is massively diluted or company dies.
In 2020 the investing in loss making "disruptive tech" became fashionable due to success of Tesla. Most of these are loss making.
If you look at history the success rate of such companies is 1 in 20. If you buy at inflated prices in 2020 these stocks drop 90% ...even if some succeed you still lose.
Sea will drop to $10-20...then maybe can look at it because it's gaming arm is worth something. They should close shoppee because they have no big cash cow to fight attrition war with Alibaba.
Grab will just go to zero. If it just keep payment and digital banking maybe it is worth 20cts. But if it keep all the loss business like ride hailing....it will go to zero.
I FEEL MORE PISS OFF " IF " TS Holdings AGAIN behind invest try to push it. INDirectly I know a lot jobless in SG or some still cannot find a good job or some literally is doing full time as Grab food delivery or PHV. But SO ??? They just switch to other Company, like Food Panda etc
RE: Grab is falling like nobody business - FangFang - 04-03-2022
Blame on COVID-19/.
RE: Grab is falling like nobody business - [[ForeverAlone]] - 04-03-2022
(04-03-2022, 11:32 AM)FangFang Wrote: Blame on COVID-19/.
Nah, partly BETTER , CHEAPER NEW Competitors come out.
This kind of business model literally you will face tough fierce competition. ONLY THE FITTEST WILL Survive.
I feel also due to " image " due to Grab CEO buy a GCB despite the company never say profit yet go Listed.
this news Do have impact how people view him
the next is Secretlab, this one I not surprise is the next their profits revenue drop. Over expensive Gaming Chair made from China rebrand it like " branded " using pay those gamer influencers , etc to marketing , now they even come out table. Which there are some establish Companies already selling it yet better than secretlab ones and Best cheaper than them.
and yup Secretlab CEO also mention buying GCB due to company earning profits.
RE: Grab is falling like nobody business - talky - 04-03-2022
(04-03-2022, 04:50 AM)sgbuffett Wrote: Loss making companies like Sea and Grab were jusat bubble stocks and likely to drop to zero.
The basic thing about business is you need to be profitable to survive.
Something some investors don't seem to understand....if you keep making losses you will die.
As economy sour, the storyline that these companies will "one day" be profitable becomes remote.
how much temasek n gic lose already ?
RE: Grab is falling like nobody business - cwc29 - 04-03-2022
Why sooo gong don’t Ownself buy back own self shares de ?!!!
RE: Grab is falling like nobody business - Gemstar - 04-03-2022
(03-03-2022, 11:56 PM)singlon Wrote: yes beri badHello, I know not what you are taking abt. Are you Omnipressent88?
direction no good.
Klaus schwab lost
Singapore Green platform collapses
GESARA launched
Ripple(XRP) can replace SWIFT
when Putin demands Gold for his energy LONGchong gone
u need cheap energy to be wealthy dat the scrpt
keep gold cheap and oil will flow become the mantra
RE: Grab is falling like nobody business - p1acebo - 04-03-2022
Today is fry Grab kateks Day
RE: Grab is falling like nobody business - Profeu - 12-04-2022
(03-03-2022, 11:44 PM)p1acebo Wrote: Huat Ahhh!!!!
F-uck you dead!
you are a crazy retarded total loser balless coward mentally-sick b-astard scum mad dog!
Last night my house's big alsatian dog f-ucked your prostitute whore mother and you this scum b-astard mad total loser dog licked my anushole and you ate my feces!
you go die now!
you this b-astard mad retarded scum mad dog and all your whole family will all die very horribly in road accidents very soon!
RE: Grab is falling like nobody business - Sharexchange - 12-04-2022
Grab the stock before it fly...
RE: Grab is falling like nobody business - limkopi - 12-04-2022
Would GRAB outlast Uber?