$Grab Holdings (GRAB.US)$ I saw a lot of people saying that ...
$Grab Holdings(GRAB.US$ I saw a lot of people saying that Temasek Holdings bought it, so it must rise. I'm about to pour a pot of cold water. First of all, I don't deny Grab's huge potential and the room for future stock prices to rise. However, the current market environment is actually very unfriendly. The Fed is shrinking debt faster, long-term interest rates are rising, and while grab is still losing money, valuations will be under great pressure; furthermore, apart from institutional investors who have previously entered the market, funds in the secondary market will not be immediately bought at IPOs, which means that institutional capital purchases will be weak in the short term; and Temasek, also a sovereign fund, is not that amazing. Investors who have reduced their positions have lost a lot of money this year. Many people who have reduced their positions have only been sold after the Chinese securities market plummeted in July-August. The sense of smell is not slow, and the industry is not sensitive. We all understand the return on investment over the years It's no longer comparable to the S&P 500; moreover, the celebrity boss Charlie Munger is constantly buying Alibaba, won't Alibaba fall? $Alibaba(BABA.US$
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mimi98 : Moderate
新人来 : Moderate
oldstone : Truth be told
大喵哥 : agree
Ying szi Teh :
James KeE : Moderate
Sharkman : Whatever Temasek buys, you sell. This is the trend that has been around for ages. When Temasek sell, you buy.