[ARCHIVED THREAD] - GRAB (Page 1 of 2)
Posted: 2/4/2025 2:07:48 PM EDT
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https://finviz.com/quote.ashx?t=GRAB&p=d This is one @Procat has mentioned, and Amit (who talks way too much for my preference) has done pretty good research here
So, what's $GRAB? In short, Grab is a super-app in Southeast Asia. Think PayPal, Shopify, Uber and Doordash combined. The super-app concept has not worked well in America, maybe Elon can change that with X, but across the world -- users do enjoy being able to centralize all their daily tasks inside one product. China is the strongest example with WeChat. $GRAB trades on the Nasdaq. When you buy shares, you are not buying ADRs. The company is headquartered in Singapore and from my research has the cleanest books for a company reporting from the region, especially due to the quality of investors they have (Uber, Brad Gerstner, Morgan Stanley, etc) so the fear of accounting issues or misreporting numbers is not there, especially given the quality of management that we will discuss. Why is the name getting my attention? - Trades at 30% cash, meaning every $1.35 you buy per share is cash. $18B market cap with $6B in cash. - Revenue growth of 17% YoY (20% in constant currency) - 5 consecutive quarters of positive EBITDA - 3 consecutive quarters of positive FCF - Became GAAP profitable last quarter - Monthly Transacting Users is growing 16% YoY to 42M - Chart has potential to break out from a 3-yr consolidation - Southeast Asia is one of my favorite emerging markets Amit's price target is $10 by 2027. Bought some shares yesterday mid-4 and it's over $5 today. |
| I generally agree with Amit Kukreja’s assessment that the stock can double on a 2 year time horizon. The number 1 issue I have with the stock is the absolutely huge float. The sheer number of shares outstanding will make it hard for quick, parabolic moves. If the thesis plays out it will likely be a slow burn. |
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| Looking at the January 2027 option chain there’s a lot of open interest between $5-$10. Between the 4 strikes listed on Yahoo Finance there’s over 150k contracts representing control of over 15M shares. Might be nothing but it would seem that a lot of bets are being placed on GRAB going up in the next 2 years. |
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$GRAB Just a reminder that Chase Coleman owns 92M Grab shares at $4.72. His fund Tiger Global Management has returned 21% net returns annually for the past 20 years! I’ll keep adding under $5. Attached File |
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Quoted: I think I'm going to trim PLTR position a little more and get my GRAB position up to around 2500 I may pick up some more if it's under $5 Similar here. 1/3 of my PLTR position is on the chopping block this Friday due to covered calls. After some thought I’m going to let it go, book the gain and redeploy the $ into some other names. |
Short video summing up GRAB, their financials and a little bit of technical analysis.  Why Is Everyone Talking About Grab Stock? |
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Quoted: 50/50 if comes right back down at the open. Figure 3 day weekend with the ticker trending and very low volume in overnight / premarket. Well if it does, there’s some big buys showing Attached File |
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Quoted: Similar here. 1/3 of my PLTR position is on the chopping block this Friday due to covered calls. After some thought I’m going to let it go, book the gain and redeploy the $ into some other names. Well I should have def bought more shares. I'm still going to trim some PLTR but not sure if I wait for a dip or not |
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Quoted: ....due to covered calls. I figured I'd dabble with buying calls. I was disappointed to find out that exercising options prior to expiration can't be done online - you have to call Fidelity and speak to a human. Attached File |
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@Morgan321 If you want out of it just sell the contract to lock in the gain. If you want the shares it also makes more sense to sell the contract (thus capturing any extrinsic value left) and buy the shares at market price. ETA Speaking of GRAB options I’m still on the fence on how to play this. I have a good amount of cash freeing up soon and I see 2 routes I could take w/ GRAB: 1) buy shares obviously 2) buy call debit spreads, specifically $5/$10 Jan 2027 |
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Quoted: @Morgan321 If you want out of it just sell the contract to lock in the gain. If you want the shares it also makes more sense to sell the contract (thus capturing any extrinsic value left) and buy the shares at market price. ETA Speaking of GRAB options I’m still on the fence on how to play this. I have a good amount of cash freeing up soon and I see 2 routes I could take w/ GRAB: 1) buy shares obviously 2) buy call debit spreads, specifically $5/$10 Jan 2027 It seems like it generally is if you neglect market reaction time(ie. can the options prices keep up with the share price)? I've sold a lot of covered calls over the last couple months and just today ventured into buying calls. That's the extent of my options experience! |
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Quoted: Excuse my ignorance... but is the profit/loss at the end of the day the same whether you sell to close your calls or you exercise and immediately sell? It seems like it generally is if you neglect market reaction time(ie. can the options prices keep up with the share price)? I've sold a lot of covered calls over the last couple months and just today ventured into buying calls. That's the extent of my options experience! If you have in the money options the difference between the strike and the share price is the intrinsic value. The contract will pretty much always be worth more and that difference is the extrinsic value. It’s a function of various things like time left on the contract and market sentiment that share price will keep moving away from the strike price. If you exercise an option early you lose that extrinsic value thus you’re better off selling the contract to capture it instead of exercising the contract. |
 GRAB Q4 EARNINGS LIVE GRAB earnings call |
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Down 10% so far |
https://x.com/amitisinvesting/status/1892374198099583366
Meh, I’ll buy more maybe next week. |
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I figured GRAB seems like a great idea with a big market, but in my mind there are two big alarm bells: they went public via a SPAC and how do you make money via advertising on an app in SE Asia (since every country is separated by lots of water and every country has very different markets). I bought a couple hundred $ worth of shares and calls the other day just for kicks, glad I didn't buy a lot! |
