$Grab Holdings (GRAB.US)$ The market cap is $11 billion. Sho...
$Grab Holdings(GRAB.US$ The market cap is $11 billion. Should worth only $1 billion. i will wait for it to drop another 90% then i will average down.
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Nic Chan (SG) : worth 500 millions
doctorpot1 : Hahaha if they are worth 1b when they got 8b in cash after paying off all debt. this means that you are buying $1 for $0.125. the number don't fly hahahaha
今天我来了 : this is what happens when valuation goes up too fast, Grab's valuation skyrocketed before they got listed, existing management had a big windfall although the business wasn't doing any better, just cashing out on retail investors who don't have access to all the information
TrinityM : lol I think it will delist by then and IPO in Hong Kong to get free money
101727565 doctorpot1: True. But can’t trust their cash reporting when they are burning through cash so quickly. 8b net cash can evaporate in quickly, especially since Grab are going on a mass acquisition spree that could just end up being liabilities to them.