I believe that GRAB is a more then 2x bagger
Tl;dr buy GRAB calls before the next earnings
Alright retards, listen up. Unlike many of you, I have never bought Grab before, because the valuation has never been worth it. That is, until last earnings.
On May 4th, Grab reported 24% year on year revenue growth, and a full year of profit, with growth of 467%. These are astronomical figures, and how did the market respond? The price rose very little, and subsequently crashed to below what it was before earnings, before gradually starting to climb again this past month.
What a lot of people don’t understand is that while a companies profit is increasing, and the stock price remains the same, each share is becoming better and better value. Eventually, the share price explodes, just like happened with rocket lab. This is exactly what I believe is finally happening with Grab. MOREOVER, literally every analyst is screaming that a fair price is over 6 dollars.
I believe after the most recent increase continues, that this stock will never again touch 3, 4, 5, or even 6 dollars again, and that the next earnings in August is the catalyst for this big surge.