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oldcoconut Senior	22-Oct-2017 13:17        oldcoconut About Contact  Quote this Post!
x 0   x 0  Alert Admin	why comfortdelgo do nothing all these recent months? At least update investers of the alliance.
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edwinjup Supreme	21-Oct-2017 19:17        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Dtl3 down again??. First day ??
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kerier Veteran	21-Oct-2017 19:11        kerier About Contact  Quote this Post!
x 0   x 0  Alert Admin	u think the banks are so smart? look at how many billions the banks burnt lending to the offshore marine industry. how do you think grab is going to attract drivers? of cos its thru incentives to drivers and lower rentals.  Observers      ( Date: 21-Oct-2017 13:12) Posted: Haha! You really think banks will lend you money to burn for free? They are well known in the industry to lend you money when you don' t need it, and take it away from you when you need it the most. kerier      ( Date: 21-Oct-2017 12:38) Posted: It?s crazy, grab is just ready to burn more money.
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seba240698 Senior	21-Oct-2017 18:53        seba240698 About Contact  Quote this Post!
x 0   x 0  Alert Admin	This is a double post from last time, I don't know why it appeared again. Please ignore it seba240698      ( Date: 21-Oct-2017 18:45) Posted: coming back to the subject on taxi, the booking of the pang hong chia by the riders are done thru mobile app via telco data systems. Yes, it is the same as Ba Ong Chia in the 1960s,1970s but book through 3rd apps. what will be the consequences in unforseen event whereby a major breakdwn/distruption to our telco service provider for a period of time? (freak incident happens) It is the same as no reception by any if the telcos, it happens does the pvt taxi companies has any contingency plan? No, if no connection, what can the 3rd ride hailing companies do? Compensate for your loss of time, loss of convenience? No way, wait long long..... what will happen if the the supply of taxi are kept low for street hire? It is happening now and the trend is continuing, it is worrying.... But govt is not doing anything at the moment.... what will happen if the above freak incident happen? i ponder. Nothing is done, and nobody it's doing anything, just like MRT breakdown, nobody did anything when trains were new, now it is too late.....
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seba240698 Senior	21-Oct-2017 18:45        seba240698 About Contact  Quote this Post!
x 0   x 0  Alert Admin	coming back to the subject on taxi, the booking of the pang hong chia by the riders are done thru mobile app via telco data systems. Yes, it is the same as Ba Ong Chia in the 1960s,1970s but book through 3rd apps. what will be the consequences in unforseen event whereby a major breakdwn/distruption to our telco service provider for a period of time? (freak incident happens) It is the same as no reception by any if the telcos, it happens does the pvt taxi companies has any contingency plan? No, if no connection, what can the 3rd ride hailing companies do? Compensate for your loss of time, loss of convenience? No way, wait long long..... what will happen if the the supply of taxi are kept low for street hire? It is happening now and the trend is continuing, it is worrying.... But govt is not doing anything at the moment.... what will happen if the above freak incident happen? i ponder. Nothing is done, and nobody it's doing anything, just like MRT breakdown, nobody did anything when trains were new, now it is too late.....
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investshare Supreme	21-Oct-2017 18:43        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	Check dictionary? seba240698      ( Date: 21-Oct-2017 18:34) Posted: I feel otherwise. I think this news is negative to Grab. I checked a financial dictionary, "A debt facility is a formal financial assistance program offered by a lending institution to help a company that requires operating capital." Debt facility is very different from sponsorship, meaning Grab NEEDS to repay the lender. (Sponsorship don't need to pay back). So when Grab said the lender has confidence in its business model, why not say the lender has confidence that Grab can REPAY the loan, not so much on Grab CAN make money? Secondly, this time round is not the same as last time when Grab and SMRT were negotiating of selling SMRT taxi business to Grab, it just said that Grab can access to ALL the current and future taxis, this is not tantamount to BUYING the taxi business. SMRT still has full control of its taxi business, including its taxi business-related workers like call centre operators, administrative and customer service workers, taxi maintenance technicians etc. In any case most SMRT taxi drivers had previously already been able to receive Grab jobs. I think this time round every SMRT taxi drivers MUST receive Grab jobs unless they switch off the apps. So this news just says that Grab has more debts, that's all.
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seba240698 Senior	21-Oct-2017 18:43        seba240698 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I feel otherwise. I think this news is negative to Grab. I checked a financial dictionary, "A debt facility is a formal financial assistance program offered by a lending institution to help a company that requires operating capital." Debt facility is very different from sponsorship, meaning Grab NEEDS to repay the lender. (Sponsorship don't need to pay back). So when Grab said the lender has confidence in its business model, why not say the lender has confidence that Grab can REPAY the loan, not so much on Grab CAN make money? Secondly, this time round is not the same as last time when Grab and SMRT were negotiating of selling SMRT taxi business to Grab, it just said that Grab can access to ALL the current and future taxis, this is not tantamount to BUYING the taxi business. SMRT still has full control of its taxi business, including its taxi business-related workers like call centre operators, administrative and customer service workers, taxi maintenance technicians etc. In any case most SMRT taxi drivers had previously already been able to receive Grab jobs. I think this time round every SMRT taxi drivers MUST receive Grab jobs unless they switch off the apps. So this news just says that Grab has more debts, that's all.
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seba240698 Senior	21-Oct-2017 18:34        seba240698 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I feel otherwise. I think this news is negative to Grab. I checked a financial dictionary, "A debt facility is a formal financial assistance program offered by a lending institution to help a company that requires operating capital." Debt facility is very different from sponsorship, meaning Grab NEEDS to repay the lender. (Sponsorship don't need to pay back). So when Grab said the lender has confidence in its business model, why not say the lender has confidence that Grab can REPAY the loan, not so much on Grab CAN make money? Secondly, this time round is not the same as last time when Grab and SMRT were negotiating of selling SMRT taxi business to Grab, it just said that Grab can access to ALL the current and future taxis, this is not tantamount to BUYING the taxi business. SMRT still has full control of its taxi business, including its taxi business-related workers like call centre operators, administrative and customer service workers, taxi maintenance technicians etc. In any case most SMRT taxi drivers had previously already been able to receive Grab jobs. I think this time round every SMRT taxi drivers MUST receive Grab jobs unless they switch off the apps. So this news just says that Grab has more debts, that's all.
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chiachiawee Elite	21-Oct-2017 14:22        chiachiawee About Contact  Quote this Post!
x 0   x 0  Alert Admin	A wise investor are those who see the negative impact 1 year or more earlier and sell within 2.7-3 range. I hope the peers here are all wise :D  And sometimes i think the analyst/brokers whatsoever, they issue the buy call for xxxx?? Haha
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chiachiawee Elite	21-Oct-2017 14:16        chiachiawee About Contact  Quote this Post!
x 0   x 0  Alert Admin	Precisely this is corret! haha. banks will lend you when they see you have the capacity to take that sum and do something back for the banks. If you dont have the capacity, who dare to lend u? Simple logic. Haha Observers      ( Date: 21-Oct-2017 13:12) Posted: Haha! You really think banks will lend you money to burn for free? They are well known in the industry to lend you money when you don' t need it, and take it away from you when you need it the most. kerier      ( Date: 21-Oct-2017 12:38) Posted: It?s crazy, grab is just ready to burn more money.
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chiachiawee Elite	21-Oct-2017 14:14        chiachiawee About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think 1.5 can le ba. Dont too harsh. The old glory days were > $3 sia. But well perhaps you are right :D mrwise      ( Date: 21-Oct-2017 13:45) Posted: $1.5 may still looks expensive chiachiawee      ( Date: 21-Oct-2017 12:43) Posted: I think my target of 1.50 will realize soon. Patiently waiting while storing cash. Lai ba comfort. looking at the price i feel very comfort.
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mrwise Supreme	21-Oct-2017 13:45        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	$1.5 may still looks expensive chiachiawee      ( Date: 21-Oct-2017 12:43) Posted: I think my target of 1.50 will realize soon. Patiently waiting while storing cash. Lai ba comfort. looking at the price i feel very comfort.
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Observers Elite	21-Oct-2017 13:12        Observers About Contact  Quote this Post!
x 0   x 0  Alert Admin	Haha! You really think banks will lend you money to burn for free? They are well known in the industry to lend you money when you don' t need it, and take it away from you when you need it the most. kerier      ( Date: 21-Oct-2017 12:38) Posted: It?s crazy, grab is just ready to burn more money.
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edwinjup Supreme	21-Oct-2017 12:57        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Grab just an app that link driver and pax and took 20% comm.....not much assets.or cost.....grab got 1 8m drivers in asia...guess how much they make per day. .... kerier      ( Date: 21-Oct-2017 12:38) Posted: It?s crazy, grab is just ready to burn more money.
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chiachiawee Elite	21-Oct-2017 12:43        chiachiawee About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think my target of 1.50 will realize soon. Patiently waiting while storing cash. Lai ba comfort. looking at the price i feel very comfort.
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kerier Veteran	21-Oct-2017 12:38        kerier About Contact  Quote this Post!
x 0   x 0  Alert Admin	It?s crazy, grab is just ready to burn more money.
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edwinjup Supreme	21-Oct-2017 09:52        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Comfort mgt very slow to react....
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latebird2000 Member	21-Oct-2017 09:39        latebird2000 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Curious to know why grab needs so much money i thought they just got 2billion from softbank or someone ?
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Observers Elite	21-Oct-2017 09:24        Observers About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wow. Now even risk adverse banks are willing to fund Grab. Their numbers must be very convincing. mrwise      ( Date: 21-Oct-2017 07:54) Posted: This will tank down further on Monday....This time many will exit this already....cannot fight with Grab....firstly, Grab is already so popular..now it is coming full force to be the largest car rental programme in south east asia...Can we see $1 soon? maybe.....or can even go lower? Trade with caution...cheap can be cheaper.... Refer to Straits Times today " Grab taps banks for record $952mil" -Fund will be used to create largest car rental programme in South East Asia -Grab has signed an exclusive partnership with SMRT to build the largest car rental fleet in the region by end next year
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mrwise Supreme	21-Oct-2017 07:59        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Just to correct my previous sentence...This  will may tank down further on Monday....This time many will may exit this already....cannot fight with Grab....firstly, Grab is already so popular..now it is coming full force to be the largest car rental programme in south east asia...Can we see $1 soon? maybe.....or can even go lower? Trade with caution...cheap can may  be cheaper.... Just be careful with your money.... mrwise      ( Date: 21-Oct-2017 07:54) Posted: This will tank down further on Monday....This time many will exit this already....cannot fight with Grab....firstly, Grab is already so popular..now it is coming full force to be the largest car rental programme in south east asia...Can we see $1 soon? maybe.....or can even go lower? Trade with caution...cheap can be cheaper.... Refer to Straits Times today " Grab taps banks for record $952mil" -Fund will be used to create largest car rental programme in South East Asia -Grab has signed an exclusive partnership with SMRT to build the largest car rental fleet in the region by end next year
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