facebookAre yall buying AGC at the current stock price 11.16? - Seedly

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Anonymous

07 Jul 2021

βˆ™

Stocks

Are yall buying AGC at the current stock price 11.16?

AGC

Discussion (25)

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Hi there,

I will be staying on the sidelines on AGC for a few reasons:

Firstly, there is a SPAC risk, uncertainty of how that would go compared to a traditional IPO. Though it can be successful.

Secondly, I think Grab has potential and is a market leader in SE-Asia but open to many competitors. Their economic moat is not a big one to me.

Thirdly, I prefer to invest in companies that I personally enjoy using their products/services. I use Grab because they are the largest player in SG but they don't have a particularly enjoyable app UX/UI or the most competitive price. I would switch if there was a viable alternative.

Good luck!

Grab is sensitive to price fluctuations. Recently, by raising their costs and letting the customers bear it has raised unhappy sentiments. I myself wouldn't use grabfood nor grab unless it is claimable

CommonSense Investor

09 Jul 2021

Certified Professional at Biotechnology and Gene Therapy Industry

Grab thinks that the Cash they have are issued from the Bank of Chinese Hell

Grab valuation USD $40 billion. Carousell going to list at a valuation of USD $2 billion valuation. Seriously, buying them at these valuations are no different from speculating in Meme stocks. Grab app is not a SUPER app , so do not making a mockery of yourself by telling your Chinese counterparts it was.

I'm skipping AGC/Grab.

Firstly, because the SPAC merger may not happen (this is an inherent risk pr...

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