Can we see 3.50/3.60 before 25 August earnings release?
$Grab Holdings (GRAB.US)$
I am a long term Grab investor. Assuming Grab share price might pop 10-20% after 25 august earnings release, can we see Grab retracing to 3.50/3.60 prive level again in the next 8 trading days?
Is it advisable to load up more before 25 August?
I am a long term Grab investor. Assuming Grab share price might pop 10-20% after 25 august earnings release, can we see Grab retracing to 3.50/3.60 prive level again in the next 8 trading days?
Is it advisable to load up more before 25 August?
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doctorpot1 : as a long term investor, the short term price movement should not be a big consideration isn't it? if it is below your determined intrinsic value you buy, if it is way below you buy more. if it is above your determined intrinsic value you sell, isn't it?
I've only been doing only 1 thing buy buy buy buy buy hahahaha then sell options to reduce the cost.
103952933 doctorpot1 : what goes up will come back down. especially quick price movements because os short term speculators. i bought at 2.48. sold to recognize profit. Grab is still going to be losing money. so not realistic to expect the current price to make sense. at least not until they manage to balance the books. personal opinion. to each his/her own way to trade. i wish everyone good trade
doctorpot1 103952933 : yea I love it when it comes down hahaha can keep accumulate until fat fat. the price make sense or not depends on whether you looking at 6month, 1 year, 5 year, 10 year or?
25 Aug sure still lose money one, confirm plus chop. The report is just lose how big only hahaha GRAB won't ever earn money before 2023, in their prospectus when IPO they say liao. They trying to reach profitability 2023, and from their quarterly updates, yea seems like it is heading that way. Plus the digibank, a future big cash cow, still have even come out.
So now bear market with high interest rate, investors all run to defensive stock, but after a bear market is a bull market, after interest rate hike is a interest rate reduction. So over the long term, capital will flow back to high growth stock (provided they still alive and doing well). By then, GRAB probably turn profitable liao, and still maintaining high growth status. HUAT LIAO
Investment Tryhard OP doctorpot1 : Thanks, I appreciate the views here. I will look to collect more and more on dips
Investment Tryhard OP 103952933 : Hoping to accumulate more when the price dip
doctorpot1 Investment Tryhard OP : I had been firing constantly using PUT options, and will continue to keep firing and add to the chain post Why keep firing? because no one will know where is the bottom so I'm just dollar cost average in
doctorpot1 :July quota hit: 400 shares at $2.25 each. August quota fired
https://www.moomoo.com/community/feed/108679962034182?data_ticket=5b3500b278c1b7aa4a176e85285988a1&futusource=nnq_saved&content_type=feeddetail
Investment Tryhard OP : I am relatively new to options. Not sure how to use put options to buy at lower prices
103952933 : i'm curious why people think grab will show a good result on 25 Aug. i understand that alot of singaporeans have gone back to office. that may translate to more people taking grab rides, but that also mean less people ordering food deliveries. i biz segment up the other segment down.
doctorpot1 103952933 : 25 Aug confirm will still be loss. Still red. probably a few more hundreds of millions of losses. I'm hopeful that end 2023 they will start to be profitable, as they promised. So 25 Aug is to see if they
1. continue to have double digit growth rate
2. continue to lower the losses