$Grab Holdings (GRAB.US)$ Maybank Kim Eng trim TP to USD5.75 from USD6.24 due to lower EBITDA outlook. Grab's 4Q24 results raised concerns on 2 key fronts: 1) a 29% YoY increase in incentives, sparking worries about heightened competition; and 2) Higher FY25 opex leading to EBITDA outlook fell short of expectations. However, they view these spending as tactical rather than indicative of a broader competitive trend. Maintain BUY. Grab's GMV growth outlook is at the higher end of global peers whi...
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TWIMO (151403908)
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5.75? is this a quarter or annual projection? BTW, I wonder how much does Grab get paid in commission for cross selling personal loan products.
TWIMO (151403908)
bullrider_21
OP
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oh dear! Either this analyst is kiasi/conservative/lack conviction and/or lacking confidence in management execution. I wonder if Grab will return to red quarters just as it is about to make profits. Management teams are selling stocks, not a good impression. Anyways, 1 dollar gain over the next 12 months is approx 25% profit at current price. Let’s hope to achieve that price target sooner then take profits and put into bank stocks…
Macdonell J
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Grab is a speculative stock, as it's been pumped & dumped in the recent past depending what rumours market likes to spread. So to hit 5.75, all it needs is another round of rumours on merger deal with GoTo
RawJeans : No!! Wait for my paycheck! need to load more of this lol