Grab
Ever since I was gifted Grab shares upon joining Moo Moo, I’ve had mixed feelings about the company. Their recent move toward profitability swayed me a bit, but feet on the ground reports diswayed me. In the end, I felt they’d do well on ER. I didn’t want to commit capital to shares, nor take a synthetic long position, so - and this is not traditional risk management, I bought some LEAPS. In the time before expiry, I’m relatively confident they will turn a profit. Earnings was positive, but not much of a move. I will hold these until my profit target (or sooner should I wish to redeploy the capital.)
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It’s a beautiful day!
Former scientist, enthusiastic reader and student of capital markets. The home pictured is gone.
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luxcan : Grab has done remarkably well so far in gaining market shares in several Asian countries. i started investing in grab last year at 3.2x.
not regretting it.