Singaporean multinational technology company Grab Holdings Limited (GRAB) announcedon Tuesday that it expects revenue to slow but 2024 will be a key year for the group, when it expects to see some profitability.The ride hailing company, which allows consumers to order transportation, food and deliveries via an app and competes with the likes of Uber (UBER), said it expects revenue growth of 45% to 55% in 2023. The SoftBank-backed group is forecasting that things will turn around by 2024.So, areGRABshares a bargain right now as it forecasts profit in 2024?GRAB's stock price is currently down 61% this year and in the last four weeks it has dropped by 10%. Could investors now be thinking that given its current low price, perhaps now is good time to buy before the stock go
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$MMAT $Meta Materials Inc.(MMAT)$ $MMTLP $Meta Materials Inc. Class A Preferred Stock(MMTLP)$ Anyone who invests in the stock market be it a seasoned professional, part time day trader or a rookie like me we all dream of the same thing. Hitting it big on a stock. The vast majority of the time this does not go as planned. But somehow we have managed to stumbled into MMTLP that has the potential to be the very reason everybody invests in the stock market in the first place. The dream of hitting it big. Then the reinvestment pop into MMAT... my, my! Ladies and gentleman welcome to the jungle.
If someone telling you that Lucid is going to as low as $4Technically they're not wrong to think so! A downtrend is being followed since Feb 2022I think we will do better than most people think.$Lucid Group Inc(LCID)$
$RBLX $Roblox Corporation(RBLX)$ last week was the 11th time winning this trade. Track record 11 wins / 0 loss. I have timestamps for everything. I'll get another reversal trade.How did I do it?1) 9/29 - 11:40 AM EST - Alerted Algos will hit "<5% HEAVINESS" at $35.05.2) 9/29 - 5:25 PM EST - Algos hit "<5% HEAVINESS" at $35.05.3) 9/30 - Algos give a reversal in the PM.4) 9/30 - Algos give a stronger Algos reversal in the market hour.Look at the 1) time I alerted 2) at what $ level 3) Heaviness % by Algos
$DOYU $DouYu(DOYU)$ $HUYA $Huya Inc.(HUYA)$ For a company that trades below its cash balance; what stops someone from buying the company and then liquidating and making a sweet profit? Presumably the companies board would ask for a hefty premium before authorising a theoretical sale?Btw not saying either of these are going to be acquired. Just curious to know how/why no one has gotten 1 dollar for 30 cents lol.
$AMC $AMC Entertainment(AMC)$ You guys guess what I finally figured it out. By Friday you will all be rich and all the “hedgies” will be arrested and prosecuted for their crimes against the “Ape Nation”! Rejoice all you apes out there and buckle up with plenty of oxygen (If any of you know what that is.) and prepare for lift off! We are all going to the moon! Friday will be the big day! I promise, now who’s with me!!
Grab stock price: Are GRAB shares a bargain as Asian tech group eyes 2024 profit
Grab stock price: Are GRAB shares a bargain as Asian tech group eyes 2024 profit
I will buy some $OXY $Occidental(OXY)$ if we get to $56.50. I have learned to be patient with your entries & if the stock doesn’t come to your entry zone then you simply just don’t take the trade.My intention is to buy as close as possible to the 20 EMA.
$ProShares Ultra Semiconductors(USD)$ Semiconductor leveraged ETF nailed the trend! Wild swings but AI demand is rocketing chip stocks. Profits cover a new phone, though better take gains cautiously with this volatile beast.
$IQ $iQiyi Inc.(IQ)$ I shoulda said that this is moving BETTER than crypto. Whoops! Still a beast since my $2 purchase in fucking MARCH! Sure it went down a slightly deeper in October, but this is why you don’t get scared out of your INVESTMENTS. For all we know, this could have bottomed out already, while other assets bottom out at different times.
$Norwegian Cruise Line(NCLH)$ just back from a week on the Escape. Solid experience all around. I leave the review for another site. What matters for this site is that the second week of December is historically the lowest-demand week of the fall-winter season as kids are still in school and most folks job's aren't out for the holidays yet. Let me tell you it was a FULL capacity sailing. Chit-chatting with cruise director he mused how this was the first he's ever seen a full capacity sailing this time of the year. Cruising is back folks, the tide is turning. Right now is really a matter of executing and paying the massive debt they've accrued last two years.
Investors one-year losses continue as Xiaomi earnings continue to decline
$小米集团-W(01810)$ Investing in stocks comes with the risk that the share price will fall. And there's no doubt that Xiaomi Corporation(HKG:1810) stock has had a really bad year. In that relatively short period, the share price has plunged 57%. However, the longer term returns haven't been so bad, with the stock down 4.2% in the last three years. Furthermore, it's down 39% in about a quarter. That's not much fun for holders. With the stock having lost 7.7% in the past week, it's worth taking a look at business performance and seeing if there's any red flags. To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the market place...'
Investors one-year losses continue as Xiaomi earnings continue to decline
$DEEPEXI TECH(01384)$ DEEP's up 326% since debut and now consolidating! With data infra + AI in its favor, this stock's still undervalued. Just needs a catalyst—$80 looks likely. And hey, the Contra688 offer is fire: new users grab SGD688 in cash vouchers. Free boost for your trades!
Pinduoduo Inc. Expected to Announce Quarterly Sales of $3.45 Billion
Wall Street brokerages expect Pinduoduo Inc. (NASDAQ:PDD) $Pinduoduo Inc.(PDD)$ to announce $3.45 billion in sales for the current quarter, Two analysts have issued estimates for Pinduoduo’s earnings, with the lowest sales estimate coming in at $3.37 billion and the highest estimate coming in at $3.52 billion. Pinduoduo reported sales of $3.38 billion in the same quarter last year, which would suggest a positive year-over-year growth rate of 2.1%. The business is expected to report its next earnings report on Monday, January 1st. Analysts expect that Pinduoduo will report full-year sales of $18.91 billion for the current fiscal year, with estimates ranging from $16.69 billion to $22.55 billion. For the next fiscal year, analysts forecast that the comp
Singapore banks seeing growth slowdown, UOB top pick
$UNITED OVERSEAS BANK LIMITED(U11.SI)$ Singapore’s banks are seeing a slowdown in growth, with more modest gains ahead amid a softer GDP outlook, write CGS-CIMB Research analysts Andrea Choong and Lim Siew Khee.In a Jan 2 note, Choong and Lim are maintaining “neutral” on the banking sector here, with a “hold” call on leader DBS Group and a target price of $36.50. “DBS had an estimated $2.1 billion in management overlays as at 3QFY2022 ended September. The asset quality of its onshore Mainland China property exposure (0.5% of group loans in 3QFY2022) remains contained; the majority of these were extended to state-owned enterprises.”Meanwhile, Oversea-Chinese Banking Corporation (OCBC) and top pick United Overseas Bank (UOB) receive “add” calls wi
AMC Entertainment (AMC) Gains But Lags Market: What You Should Know
AMC Entertainment (AMC) $AMC Entertainment(AMC)$ closed at $14.58 in the latest trading session, marking a +0.69% move from the prior day. This change lagged the S&P 500's 1.21% gain on the day. Meanwhile, the Dow gained 1.03%, and the Nasdaq, a tech-heavy index, added 0.16%.Coming into today, shares of the movie theater operator had gained 6.08% in the past month. In that same time, the Consumer Discretionary sector gained 4.05%, while the S&P 500 gained 3.2%.Wall Street will be looking for positivity from AMC Entertainment as it approaches its next earnings report date. This is expected to be August 4, 2022. On that day, AMC Entertainment is projected to report earnings of -$0.26 per share, which would represent year-over-year gr
TSMC (TSM) Gains As Market Dips: What You Should Know
TSMC (TSM) $Taiwan Semiconductor Manufacturing(TSM)$ closed the most recent trading day at $95.30, moving +1.63% from the previous trading session. This change outpaced the S&P 500's 0.63% loss on the day. Meanwhile, the Dow lost 0.67%, and the Nasdaq, a tech-heavy index, lost 0.15%.Coming into today, shares of the chip company had gained 0.01% in the past month. In that same time, the Computer and Technology sector lost 1.03%, while the S&P 500 gained 0.89%.TSMC will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $1.48, up 59.14% from the prior-year quarter. Meanwhile, the Consensus Estimate for revenue is projecting net sales of $18.68 billion, up 40.56% from the year-ago p
Here is What to Know Beyond Why CocaCola is a Trending Stock
Coca-Cola(KO) $Coca-Cola(KO)$ has been one of the most searched-for stocks lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this world's largest beverage maker have returned -2.2%, compared to the S&P 500 composite's -0.1% change. During this period, the Beverages - Soft drinks industry, which Coke falls in, has lost 0.2%. The key question now is: What could be the stock's future direction?While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.R
Here is What to Know Beyond Why CocaCola is a Trending Stock
Sembcorp Industries share price in cheeky run
Since last coverage on Sembcorp Industries share price in June 2021, there was much volatility for this counter. The pandemic disaster in India had caused much uncertainties for Sembcorp Industries’ India thermal projects, causing Sembcorp Industries to be bearish from June to October 2021. The litmus test arrived when the Group announced on 2 August 2021 the impairment of $212 million for its 49%- owned joint venture Chongqing Songzao Sembcorp Electric Power Co. $SEMBCORP MARINE LTD(S51.SI)$ That fateful announcement on 2 August 2021 caused Sembcorp Industries share price to tumble to a low of $1.80 in October 2021. Consequently, the management went on a rescue mission for Sembcorp Industries share price by embarking on a series of
Sembcorp Industries share price in cheeky run
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