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COMFORT DELGRO - MOVING FORWARD
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justicebaogaliao
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18-Apr-2021 08:36
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SEA has been profitable for 2 straight quarters on an adjusted EBITDA basis, and is projected to be earning net profits very soon. Grab is losing billions for the past 3 consecutive years at least, not making a single cent of profit for the past 8 years. If it cannot prove to make profits for the past 8 years, what makes you think that it can in the next few years amidst rising competition? This bugger will only pull down the msci index 😂
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Entropy72
Master |
17-Apr-2021 23:44
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Likely GRAB will follow SEA footsteps and be included in MSCI Singapore. It will force institutions to let go of some holdings in local banks and Singtel to adjust. | ||||
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justicebaogaliao
Veteran |
17-Apr-2021 23:26
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Shorty Clownman, why would i be unhappy when there is a charitable company donating billions of dollars every year into our pockets in the form of reward points and vouchers. Of course SGX would be more than happy to welcome this cash cow that will be collecting money from Clowns like yourself 😂 Yes for now, you can only dream of Grab being an index stock, because the very very basic requirement is profitability which it can only dream of attaining in the next few years. https://www.businesstimes.com.sg/asean-business/gojek-tokopedia-merger-to-rival-grab-in-region  
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Conman
Elite |
17-Apr-2021 20:48
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Uncle Bao, is this you???!!!🤓
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Starship
Supreme |
17-Apr-2021 18:58
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Conman
Elite |
17-Apr-2021 17:19
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Uncle Bao, it looks like you are the only one still not happy. Go read market's reaction in the media. It is being viewed as SGX's achievement to have gotten it to list here. It is going to be earth-shakening. I think shortly after it lists, it will become an Index Stock.
Would you like to assume that funds will not have it in their portfoluo? Or wait until it becomes Index Stock then slowly slowly consider? Maybe you would dream that Temasek, DBS, UOB, OCBC, Morgans, Citibank, HSBC, ...will consider zoom bee as well when they buy Grab. But wait long long lah. It is a wrong dream at the wrong time.
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justicebaogaliao
Veteran |
17-Apr-2021 07:26
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Shorty Clownman, you should know by now i only throw socks at clowns who show off how dumb and idiotic he is on stage, asking people to buy a company that throws billions of dollars down the drain annually wherever it is listed
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Conman
Elite |
17-Apr-2021 04:59
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Very soon, that Advanced-Dementia Bao Bao (88) will be the only one left on the stage throwing s h i t at everybody.
My friend's uncle's father-in-law's neighbour who is a 'analyst' in a very reputable bank already received his revised KPI to sing a different song. If the job goes to the Morgans again he better be prepared to rent a taxi from zoom bee and queue at Geylang Serai Market 18 hours a day, everyday.
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Beatch
Member |
16-Apr-2021 23:46
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Diluted shares?
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justicebaogaliao
Veteran |
16-Apr-2021 21:42
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For Clownman, listing means making net profits and a change in fundamentals, hilarious 😆  
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justicebaogaliao
Veteran |
16-Apr-2021 21:20
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Clownman, you are so hilarious Why dont you invite the BBs to pump your Grab, but i' m afraid they will only do the opposite after jokers like yourself throw your life savings into it Secondly, Uncles and Aunties do not chase CDG, they deposit their savings here to earn recurring dividends, unlike Grab which will not give jokers like you any dividends for years to come because it will be struggling like mad to make profits amidst countless competitors 
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Entropy72
Master |
16-Apr-2021 21:08
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Conman dream come true. GRAB may have secondary listing in SGX.
----- Grab Holdings, Southeast Asia's ride-hailing to delivery giant, is considering a secondary listing in its home market of Singapore after completing a Nasdaq listing via a $40 billion SPAC merger, three sources familiar with the matter said. Listing on Singapore Exchange (SGXL.SI) would enable Grab to have an investor base close to where its regional business is based, the people said, potentially offering its customers, drivers and merchant partners easier access to trade its shares. Grab, a household name across Southeast Asia, is in the early stages of considering a secondary listing in the city-state, said the sources, who declined to be identified as they were not authorised to speak about the matter. Grab and SGX declined to comment on the listing plans. "For the right issuer, a secondary listing could well be a good move. You can get the best of both worlds," said Raymond Tong, capital markets and M&A partner at law firm Rajah & Tann Singapore. "If your home markets are in this region, a Singapore listing can help you tap another pool of investors as there are many family offices and funds based in Singapore," said Tong. The potential Singapore listing plans come after Grab this week struck a $40 billion merger with Altimeter Growth Corp. (AGC.O), a special purpose acquisition company (SPAC), setting a record for the world's biggest SPAC deal. read more As part of the transaction, Grab is raising $4 billion from investors including BlackRock (BLK.N), Temasek Holdings, Fidelity International, Malaysia's Permodalan Nasional Bhd and some of Indonesia's richest family groups. Grab, which began as a ride-hailing business in 2012, now operates in eight countries and more than 400 cities and has expanded into food and grocery deliveries, as well as digital payments. Last year, it won a digital banking licence in Singapore. It wasn't clear how much Grab might aim to raise in any secondary listing, with financial terms and timetable still in the early stages of consideration, the sources said. The company with the top valuation on the Singapore bourse is bank DBS Group Ltd (DBSM.SI), currently worth about S$74 billion ($55.4 billion) by capitalisation. One of the sources said that while Grab has sufficient cash reserves and could end up raising only a small amount on SGX, a listing would mark a big win for the exchange. SGX has mainly only seen large IPOs from real estate investment trusts. Hindered by a small base of retail investors in the city-state, it has struggled with low liquidity and valuations, forcing a spate of delistings and also discouraging big-ticket listings from regional high-growth companies. The Hong Kong bourse, however, has benefited from diplomatic and political tensions between the United States and China that have led many Chinese firms to seek secondary listings in Hong Kong. Global fund managers have also been swapping China holdings from Wall Street to Hong Kong. read more SGX has taken many steps to try to bulk up its stock market in recent years, and under Chief Executive Loh Boon Chye, who was appointed six years ago, it has acquired firms to transform itself into a multi-asset exchange. Over the past three years, SGX-listed companies have raised about four times more funds in the secondary market than from primary fund raising. Currently, there are 28 companies with a secondary listing on SGX, including Malaysia's IHH Healthcare Bhd (IHHH.KL) and Top Glove Corp Bhd (TPGC.KL) and Hong Kong conglomerate Jardine Matheson Holdings (JARD.SI). Last year, AMTD International became the first NYSE-listed firm to list on SGX. It also became the first to take advantage of a dual-class share structure in Singapore. |
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Conman
Elite |
16-Apr-2021 20:45
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If uncles and aunties are willing to chase, BBs can even pump up to US$10.10 to sell to them. BBs dont care how much Zoom Bee is worth. At a price when uncles and aunties stop chasing, price will drop. You are playing with robots, who trade without feelings and think a thousand times faster than you.
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justicebaogaliao
Veteran |
16-Apr-2021 20:41
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Hahaha, ownself kill ownself ?? Clownman u perform on stage for all of us to see better
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Conman
Elite |
16-Apr-2021 20:35
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Grab will do whatever it needs for its businesses but needs not make any attempt to kill taxis. Taxis will be killed by Zoom Bee's own business model (unless something very drastic happens of course)
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justicebaogaliao
Veteran |
16-Apr-2021 19:47
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Clownman, your first statement is already a big joke! Are you sure Grab need not do anything from now? Anything that is not making profits will change eventually    Grab - Achieving profitability will be a key challenge.  Grab plans to manage costs while increasing its business toplines. CFO Peter Oey said in a webcast for investors that optimizing sales and marketing expenses, fixed and head-count costs, and cloud and other technology costs, will contribute to long-term profitability.    
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Conman
Elite |
16-Apr-2021 19:35
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Grab needs not do anything from now but zoom bee's taxis will do down and down until they extinct in 8 to 10 years. The killer
is its own greedy business model of renting out taxis at exhorbitant rates. Just look at its drivers, will they last the next 5, 8, 10 years? New drivers are spoilt for choice now. Who wants to rent a taxi and drive at least 10 hours every day just to cover costs? Yesterday one 71 year old told me he has driven for 20 years and will stop driving once he gets a truck driver job. He will go for interview roday and I wiah him luck. Aboout Grab, I might buy some. I dont trumpet the stocks I hold so it is DYODD for all.
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Starship
Supreme |
16-Apr-2021 17:07
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antifragile
Senior |
16-Apr-2021 15:23
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Sell CDG, Buy SBS...!
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Starship
Supreme |
16-Apr-2021 15:21
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