$Altimeter Growth Corp (AGC.US)$ guys. do your DD before thi...
$Altimeter Growth Corp (AGC.US)$ guys. do your DD before thinking the merger will lead to a squeeze. Grab’s Q3 net loss is almost US1 billion, higher than that of 2020 which is only US670 million. This isn’t a meme stock like trump’s SPAC, where people bank on the future. Grab isn’t a future app, it’s an app that’s running now that’s making losses. This merger doesn’t necessarily mean that this will emulate the rise of DWAC like it was previously to 175.
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JeffSG : What about sea? Does it make money?
William Teh 郑鈺潓 liuliu yomg :
dezelous liuliu yomg : he obviously dont know the potential of the stock. or perheps he never see through how history of similar stocks rocket up after sometime. look long term!! dont b too shortsighted
Zeepzap OP liuliu yomg : I am in SG? So long as variants come out, governments may impose strict measures like limiting gatherings. Once that happens, their main fleet is doing nothing. Sure, they have home deliveries. But with a main car fleet and drivers barely earning, where then does the profit comes from.
102819938 : Shares price is mostly dependent on valuation than actual result ya just so u know ya
龍眾舞 : Do u know what leads to a short squeeze btw?
叫爸爸 : Well said
Zeepzap OP : But of course it may squeeze. I may be wrong haha
叫爸爸 : Long term, you will need to endure the shorts
102753982 : Need base on revenue....Their revenue is growing... And need look at why where they lost money? In R&D investment or other which can help to grow future revenue!
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