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The Top 3 Penny Stocks to Buy in March 2024
InvestorPlace· 2024-03-06 11:00
This month in March has led to these three top penny stocks to buy. Like many investors, I’ve been closely watching the cryptocurrency market with Bitcoin (BTC-USD) looking to head towards a new all-time high. However, I’ve also had my finger on the pulse of some intriguing penny stocks I feel are real bargains.I think that investors of all risk tolerances and time horizons should consider adding at least a tiny proportion of their portfolios of top penny stocks to buy. These companies may give your portfol ...
Grab Holdings: Double Digit Growth And New Financial Partners Make It A Buy
Seeking Alpha· 2024-02-27 09:41
Joa_Souza/iStock Unreleased via Getty Images Grab Holdings Limited (NASDAQ:GRAB) recently reported better-than-expected EPS and reported positive EBITDA values for the first time. Also, with an acceleration of restructuring costs, a significant amount of cash in hand, and double-digit net sales growth, I believe that GRAB stock is a buy. I found risks from new labor regulation changes or relations with drivers and merchants. With that, GRAB looks cheap at the current price mark. Grab Holdings Operating ...
Grab: Improving Fundamentals Signal Undervaluation Opportunity
Seeking Alpha· 2024-02-26 04:56
jjlim80/E+ via Getty Images Grab (NASDAQ:GRAB) is a Singaporean technology company that offers a wide range of services, including ride-hailing, food delivery, and financial services. It is one of the largest technology companies in Southeast Asia, with operations in eight countries and over 35 million monthly transacting users. Share performance has been disappointing since the IPO in 2020. Initially surging above $16, it then plummeted due to concerns about profitability and competition. The stock cur ...
Grab (GRAB) - 2023 Q4 - Earnings Call Transcript
2024-02-22 18:15
Operator The next question is from Jiong Shao of Barclays. Please go ahead. Jiong Shao My questions. I think, Peter you mentioned a couple of times about the reacceleration in growth in 2025 and beyond. So usually the law of large numbers is growth rate tend to decelerate, moderate as you get bigger. But I was hoping you can elaborate a bit more on why the growth rate in 2025 and beyond will be higher than 2024 other than the advertising and fintech will contribute more. My second question is about traveler ...
Grab (GRAB) - 2023 Q4 - Earnings Call Presentation
2024-02-22 16:13
Disclaimer Grab's unauditedselected financial data for the three months and twelve months ended December 31, 2023 and 2022 included in this document and the investor websast is based financial data derived from the Grab's management accounts that have not been reviewed or audited. Explanation of non-IFRS financial measures; Operating Metrics Industry and Market Data Forward-looking statements speak only as of the date they are made. Grab does not undertake any obligation to update any forward-looking statem ...
Grab (GRAB) - 2023 Q4 - Annual Report
2024-02-21 16:00
Exhibit 99.1 Grab Reports Fourth Quarter and Full Year 2023 Results and Announces Inaugural Share Repurchase Program of Up to $500 Million SINGAPORE, February 22, 2024 - Grab Holdings Limited (NASDAQ: GRAB) today announced unaudited financial results for the fourth quarter and full year ended December 31, 2023. "2023 was a pivotal year for us. We generated over $11 billion of earnings 1 for our partners, achieved strong top-line growth as we exited the year with Mobility GMV above pre-COVID levels and Deliv ...
Indonesia's GoTo denies merger talks with ride-hailing rival Grab
CNBC· 2024-02-14 03:44
A Gojek driver looks at a smartphone in Jakarta, Indonesia, on Monday, Dec. 11, 2023. ByteDance Ltd.'s TikTok agreed to invest $1.5 billion in a joint venture with Indonesia's GoTo Group that it will control, part of a pact that lets the Chinese company restart its shopping app in its biggest online-retail market. Photographer: Dimas Ardian/Bloomberg via Getty ImagesIndonesian tech giant GoTo on Tuesday denied it is in merger discussions with Singapore-based ride-hailing rival Grab."The company would also l ...
GoTo Denies Report of Merger Talks With Grab Holdings
PYMNTS· 2024-02-13 19:21
GoTo has denied that it is in merger talks with Grab Holdings.The company said in a Tuesday (Feb. 13) filing that it “is not having any discussion on such matters,” Reuters reported Tuesday.Bloomberg reported Friday (Feb. 9) that GoTo and Grab Holdings — which are both Southeast Asian ride-hailing and food-delivery companies — had restarted merger talks.“We have only just been aware of the issue from the mass media,” GoTo said in the filing cited by Reuters. “Through this letter, the company would like to c ...
Grab to Announce Fourth Quarter 2023 Results on February 22, 2024
GlobeNewsWire· 2024-02-06 10:00
NEW YORK, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company”  or “Grab”), plans to announce its unaudited fourth quarter and full year 2023 results before the U.S. market opens on February 22, 2024.   The Company’s management will hold a conference call to discuss the fourth quarter 2023 results at: Date and time:7:00 AM U.S Eastern Time on February 22, 20248:00 PM Singapore Time on February 22, 2024 A link to the call will be posted on the Company’s investor relations webs ...
Grab to Announce Fourth Quarter 2023 Results on February 22, 2024
Newsfilter· 2024-02-06 10:00
NEW YORK, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its unaudited fourth quarter and full year 2023 results before the U.S. market opens on February 22, 2024. The Company’s management will hold a conference call to discuss the fourth quarter 2023 results at: 7:00 AM U.S Eastern Time on February 22, 2024 Date and time: 8:00 PM Singapore Time on February 22, 2024 A link to the call will be posted on the Company’s investor relations websi ...