Scam
$Ryde Group(RYDE.US$ Decreasing net profit every year. Declining cash flows every year. This is the reason why they are doing an IPO to raise capital. You’re better off taking your money to a casino than investing in this company.
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trade with what you see, not what you think
whether you like it or not
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Greedy yet Fearful : First they try take over the market of 25%, cheap the drivers of the $25sgd for reactivation fee charge passengers for $5.50 for cancellation without know whose fault. Still they can't earn back profits. So they try out ipo to earn profit.
unfilteredtruthsOP Greedy yet Fearful: red flags