Wolf Money(GRAB Holdings sold)

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I did a sale of my small position in GRAB in pre market. With rates decision coming out tonight, i am talking some money off the table. I probably just managed to wipe my face on my GRAB after factoring currency and transaction costs. 

As you might have seen it in the news, Singapore passed a law to approve CPF contribution to gig workers. CPF contribution will likely add an additional layer of cost to GRAB. There are news about over supply of PHV on our road and driver are earning lesser. I will explain in greater detail in my month end portfolio update. Thank you. God Bless 🙏

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https://t.me/joinchat/oCgkD3sQFRMzMWM1



Disclaimers 

All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way whatsoever warrant or guarantee the success of any action you take in reliance on our statements. All information provided are for education only. Buyer beware,do you own due diligence.


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