Thursday, February 22, 2024

300 Grab

 grab reported earnings, and the stock dropped 7%

I thought their results was quite good

first ever profitable quarter

revenue is still growing

founder led which is young and energetic

bought 300 @ $3.205

total I have 2.5k of Grab now


it is in a region of growth (SEA)

and to me, it is the best company in SEA, the most technologically advanced

and it is still one of the rare companies still on sale now

they are also using 500 mil to repurchase their own shares


i have 10k USD in my ibkr account

after selling SHAK, which was previously assigned from options wheel strat

after this purchase, i have 9.3k left


may start doing bull puts spread soon, if chance arise

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