$Grab Holdings (GRAB.US)$ This is why Singaporeans can't have nice things. You have a home grown company listing itself on the market and what people do is short the company share price and criticism on the company by gruntled Grab drivers. you expect a company to consistently give discounts on your rides and still make money, while grab drivers think that the company wants to squeeze their drivers when it's really driven by penny pinching riders in a depressed market battered by Covid 19.
The company's literally provided jobs for people from all walks of life giving them options to manage their time and the expectation is for everything to work perfectly for the consumers, which, is a terribly misguided sense of self entitlement.The person providing you the service is a self employed service provider. The company just provides the platform.
This is why the company needs to raise capital from elsewhere and not the Singapore Market.
The company's literally provided jobs for people from all walks of life giving them options to manage their time and the expectation is for everything to work perfectly for the consumers, which, is a terribly misguided sense of self entitlement.The person providing you the service is a self employed service provider. The company just provides the platform.
This is why the company needs to raise capital from elsewhere and not the Singapore Market.
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$New Oriental (EDU.US)$
in the short term this company is going to be going through some very rough patches, if you are going in now it’s extremely cheap. From a fundamentals standpoint the company is sitting on a lot of cash. as it is exiting out of the previous business model, there will be an adjustment period. while it might seem like the company is taking some time to pivot its business model, you can expect that when it does you’ll be glad you bought in really cheap.
In the face of the Chinese Govt’s common prosperity policies, this is the adjustment period that savvy investors just wait it out.
Be fearful when others are greedy and be greedy when others are fearful. - WB
in the short term this company is going to be going through some very rough patches, if you are going in now it’s extremely cheap. From a fundamentals standpoint the company is sitting on a lot of cash. as it is exiting out of the previous business model, there will be an adjustment period. while it might seem like the company is taking some time to pivot its business model, you can expect that when it does you’ll be glad you bought in really cheap.
In the face of the Chinese Govt’s common prosperity policies, this is the adjustment period that savvy investors just wait it out.
Be fearful when others are greedy and be greedy when others are fearful. - WB
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$Kweichow Moutai (600519.SH)$ short then long?
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Walking cloud OP : Headquarters in Singapore