Stock Performance - Grab Holdings Limited closed at $4 50, up 1 12% from the previous session, outperforming the S&P 500 (1%), Dow (0 78%), and Nasdaq (1 51%) [1] - Over the past month, the company's shares lost 9 55%, underperforming the Business Services sector (-1 8%) and the S&P 500 (-2 14%) [1] Earnings and Revenue - Grab Holdings Limited is projected to report earnings of $0 per share, a 100% year-over-year decline [2] - Revenue is expected to be $756 6 million, up 15 86% from the prior-year quarter [2] Analyst Estimates and Zacks Rank - Recent modifications to analyst estimates reflect short-term business dynamics, with positive changes indicating optimism [3] - The Zacks Rank system, which considers estimate changes, rates Grab Holdings Limited as 3 (Hold) [4][5] - The Zacks Rank has a strong track record, with 1 stocks delivering an average annual return of +25% since 1988 [5] Valuation Metrics - Grab Holdings Limited has a Forward P/E ratio of 74 17, significantly higher than the industry average of 23 17 [6] - The company's PEG ratio is 1 75, compared to the Technology Services industry average of 1 38 [7] Industry Context - The Technology Services industry, part of the Business Services sector, ranks in the top 32% of all industries with a Zacks Industry Rank of 78 [7] - The top 50% of industries outperform the bottom half by a factor of 2 to 1, based on the Zacks Industry Rank [8]

Stock Performance - Grab Holdings Limited's stock has gained 23.7% in the past three months, outperforming the industry's 18.5% rally and the marginal rise of the Zacks S&P 500 composite [1] - The stock closed at $4.5, declining 26.7% from the 52-week high of $5.7 [4] - The stock is priced at 5.5 times forward 12-month sales per share, lower than the industry's average of 7 times [13] Competitive Position in Southeast Asia - Grab Holdings is dominant in Southeast Asia, being approximately 4 times larger than its closest competitors in the mobility market [6] - The company's growth in the region is supported by a surge in population and improving middle-class economic health [7] - Two-thirds of the Southeast Asia population lacks access to banking and financial services, presenting significant opportunities for Grab Holdings [7] Growth Opportunities - The company's financial services business has immense potential to grow and capture a significant market share, challenging traditional banking giants [9] - Grab Holdings' "one-stop-shop" platform, which includes food delivery, ride-hailing, grocery shopping, and financial services, facilitates effective cross-selling [10] - GrabMart grew 1.7 times faster than GrabFood in the third quarter of 2024 [10] - Customers who use both GrabMart and GrabFood have a frequency 5 times higher than those who only use GrabFood, leading to higher customer retention [11] Financial Metrics - The company has a strong liquidity position, with a current ratio of 2.7 at the end of the third quarter of 2024, higher than the industry's 2.16 [15] - The Zacks Consensus Estimate for 2024 revenues is $2.8 billion, indicating 18.1% growth from the year-ago level, and for 2025, it is $3.3 billion, suggesting a 17.7% year-over-year increase [17] Investment Appeal - Grab Holdings' stock looks inexpensive and appealing to investors due to its dominant position, growth potential, and strong liquidity [13][15][18] - The company's optimistic top-line estimates and effective cross-selling strategies make it a strong candidate for long-term investment [17][18]

Company Performance - Grab Holdings Limited (NASDAQ: GRAB) experienced a significant decline of 86% from the end of 2021 to mid-2022, dropping to $2 26 and struggling to rise above $4 for approximately two and a half years [1] - The company has recently begun to reverse this negative trend [1] Analyst Background - Yavuz Akbay is a quantitative analyst with over 5 years of experience in interpreting complex financial data, developing mathematical models, and forecasting [1] - Yavuz utilizes machine learning algorithms to enhance financial analysis and provide accurate recommendations [1] - Yavuz holds a Bachelor of Business Administration and is currently pursuing a Master's in Economics [1]

Grab Holdings Limited (GRAB) closed the latest trading day at $4.81, indicating a +1.48% change from the previous session's end. This change outpaced the S&P 500's 1.26% gain on the day. Meanwhile, the Dow experienced a rise of 0.8%, and the technology-dominated Nasdaq saw an increase of 1.77%.Shares of the company witnessed a loss of 9.54% over the previous month, trailing the performance of the Business Services sector with its loss of 4.33% and the S&P 500's loss of 2.82%.The investment community will be ...

Market Overview - The Nasdaq reached another record high on Monday, driven by the outlook for lower interest rates and technology-driven earnings growth [1] - Despite Nvidia dropping over 10% from its peaks, the market continues to show bullish signs, indicating a cooling off of one of the best-performing stocks [1] - The stock market may experience profit-taking in the coming weeks, presenting opportunities to buy stocks and ETFs at discounted prices [2] Investment Opportunities - Bullish investors might consider buying home run stocks heading into 2025, particularly highly-ranked cheap stocks trading for $10 a share or less [3] - Wall Street analysts are optimistic about these cheap stocks due to their improving earnings outlooks and strong Zacks Ranks [3] - Investors can find winning stocks under $10 by being extremely selective, with a narrowed list of speculative stocks that could boost portfolios [7] Penny Stocks and Stocks Under $10 - Penny stocks, traditionally defined as trading for $1 or less, now include securities trading for less than $5 a share, often considered speculative [4] - Penny stocks often trade infrequently, have wide bid/ask spreads, and exhibit excessive volatility, though some perform exceptionally well [5] - Stocks trading in the $5 to $10 range are generally less risky than penny stocks but still more speculative than higher-priced stocks [6] Screening Parameters for Cheap Stocks - Price less than or equal to $10 [8] - Volume greater than or equal to 1,000,000 [8] - Zacks Rank less than or equal to 2 (No Holds, Sells, or Strong Sells) [8] - Average Broker Rating less than or equal to 3.5 (Hold or Better) [8] - Minimum of two analysts covering the stock [8] - No downward revisions in earnings estimates over the past 12 weeks [8] Grab Holdings Limited (GRAB) - Grab Holdings Limited is a Singapore-based company operating in deliveries, mobility, and digital financial services via its 'superapp' [9] - The app allows users to order food and groceries, send packages, hail rides, and access financial services like lending and insurance [9] - Grab operates in over 700 cities across eight Southeast Asian countries, with a 15% growth in gross merchandise value in Q3 and a 16% increase in monthly transacting users to 42 million [10] - Grab posted adjusted Q3 earnings of $0.01 per share, beating estimates, and raised its revenue outlook, projecting growth from $2.36 billion in FY23 to $3.28 billion in FY25 [12] - The company is expected to reduce its adjusted loss from -$0.11 in 2023 to -$0.03 in 2024 and achieve a profit of +$0.06 per share in 2025 [13] - Grab holds a Zacks Rank 1 (Strong Buy) and has 12 out of 15 brokerage recommendations as "Strong Buys" [13] - Grab stock has surged 45% in the last six months, despite a 70% drop from its November 2021 peaks, and is approaching positive earnings [15]

Company Overview - MMMT Wealth is managed by Oliver, a CPA with experience in private equity, hedge funds, and asset management [1] - The company was founded in 2023 when Oliver began sharing investment strategies and stock insights on platforms like X and Substack [1] - Oliver focuses on a 3-5 year investment horizon, leveraging insights from investor calls, presentations, financials, and news [1] - Oliver has 5 years of investing experience and 4 years as a CPA, emphasizing passion and thorough research in identifying top businesses [1] Investment Approach - The primary goal is to identify life-changing investment opportunities, even if limited to 1 or 2 significant investments [1] - Oliver dedicates extensive time to researching the best global businesses, aiming to provide valuable insights to followers [1] Analyst Background - Oliver's professional background includes roles in financial services, with a focus on private equity, hedge funds, and asset management [1] - Despite having less experience than some peers on Seeking Alpha, Oliver's knowledge and dedication are highlighted as exceptional [1]

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Core Viewpoint - Grab Holdings Ltd. has achieved a significant milestone by posting a net profit for the first time in Q3 2024, indicating a turnaround in its financial performance and growth trajectory in the Southeast Asian market [3][4]. Financial Performance - Grab reported Q3 2024 earnings per share (EPS) of $0.01, exceeding consensus estimates of a loss of $0.01. Revenue increased by 17% year-over-year (YoY) to $716 million, surpassing the consensus estimate of $696 million [3][4]. - The company achieved a net profit of $15 million, a substantial recovery from a loss of $99 million in the same quarter last year. Adjusted EBITDA reached an all-time high of $90 million [4]. - Monthly transacting users (MTU) rose to 42 million, representing only 15% of the total addressable market (TAM) in the region [6]. Growth Drivers - Grab effectively utilizes the network effect to cross-sell its services, starting from its core ride-hailing service and expanding into food delivery, grocery delivery, package delivery, payment processing, and financial services [5][6]. - Active users of GrabFood and GrabMart exhibit five times more order frequency and double the retention rate compared to users of single services [6]. Guidance and Forecast - Grab raised its full-year 2024 revenue guidance to a range of $2.76 billion to $2.78 billion, up from the previous forecast of $2.70 billion to $2.75 billion, aligning with the consensus estimate [8]. - Full-year adjusted EBITDA is now expected to be between $308 million and $313 million, an increase from the prior estimate of $250 million to $270 million [8]. Market Position and Stock Performance - Grab's stock has shown positive momentum, breaking out of a symmetrical triangle pattern, with a current price of $4.99 and a price target of $5.48, indicating a potential upside of 9.78% [7][12]. - The company holds $2.5 billion in cash and $5.8 billion in net cash liquidity, reflecting a strong financial position [9].

Company Analysis - Grab stock is significantly undervalued and is expected to take off in the future [1] - The company is considered a "divergent stock" with strong fundamentals and long growth runways despite its currently depressed prices [1] - The analyst has a beneficial long position in Grab shares through stock ownership, options, or other derivatives [1] Investment Strategy - The investment strategy focuses on identifying innovative companies that have the potential to make a significant impact and improve the world [1] - The strategy targets disruptive companies with strong fundamentals and long-term growth potential, even if their current stock prices are undervalued [1]

Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an engineering consultant in the aerospace sector. The latter statement is not relevant in any way whatsoever to my investment style, but I thought to add it for self-indulgent purposes. I have a contrarian investment style, highly risky, and often dealing with illiquid options. How illiquid? Well ...