GRAB now sibei jialat in the market.....

[mojito]

amazing they could still find so many suckas to subscribe.

There was a time all stocks open up on their first day of trading.

 

[mahjongking]

So, Temasek had also bought into their SPAC IPO. How? Going to lose money yet again. Why all these stupid investment firms can't even see that such a company has never made a cent of profit eversince it was formed? It's like throwing good money into a never ending pit.

all the sharks that work for 'investment' firms got KPI so they anyhow invest and take a chance,
if grab share price goes up 100%, yay!!! everyone gets fat bonus, if down by 90%, its not their money, at most lose their jobs....

does Temasick Holdings comes to mind?......

 

[OrLanChowHorFun]

The reason for them losing money is to " grab" market share and expansion . They all say that,

some business models are impossible to be profitable one

 

[nightsafari]

There was a time all stocks open up on their first day of trading.

that one largely down to 2 factors.

Market sentiment and pricing.

If market sentiment is extremely bullish, then it will fly. Pricing I think I don't need to explain.

Most IPOs are/were priced to offer some upside on start of trading. That was traditional wisdom. Now you got a lot of loss making companies being listed. Traditionally, that was not possible. You had to have a certain record of performance before you could list. So with a loss making company how do you price it?

Basically whatever they think the suckas will pay for it.

 

[nightsafari]

I drive Grab too, go grab pussy riders...

sekali they grab you back.

 

[nightsafari]

So, Temasek had also bought into their SPAC IPO. How? Going to lose money yet again. Why all these stupid investment firms can't even see that such a company has never made a cent of profit eversince it was formed? It's like throwing good money into a never ending pit.

see @mahjongking's reply #22. They anyhow tikam.

What's worse in this case is that it's not just a pit. It's a pit that's growing bigger and deeper!

 

[nightsafari]

So, Temasek had also bought into their SPAC IPO. How? Going to lose money yet again. Why all these stupid investment firms can't even see that such a company has never made a cent of profit eversince it was formed? It's like throwing good money into a never ending pit.

temasek's track record is horrible. if you throw darts at a list of stocks you will have better performance. Some of the people on this forum have this idea about whatever temasek does do the opposite sure pau chiak one. I think I agree.

 

[nightsafari]

The reason for them losing money is to " grab" market share and expansion . They all say that,

such garbage. They're the dominant player. There is no battle for market share.

 

[ilovechinesegal]

you trying to trick me...

ok. next time you race F1 I watch you on TV.

Nah i only come and fk f1 models.

 

[zeebjii]

For all these ride share companies...have they turned a profit?

No, but getting listed is mission accomplished, even if it is by the backdoor SPAC.