Lone wolf investor

  •   Revenue grew 17% year-over-year, or 23% on a constant currency basis to $664 million •    On-Demand GMV grew 13% year-over-year, or 18% on a constant currency basis to $4.4 billion •    Operating Loss improved by $121 million year-over-year to $(56) million •    Adjusted EBITDA improved by $81 million year-over-year to $64 million SINGAPORE, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB) today announced unaudited financial results for the second quarter ended June 30, 2024. "We continued to harness the strength of the Grab ecosystem, and improved the usage frequency and reliability of our products and services. During the quarter, we achieved a new milestone, serving more users than ever at a record high of 41 million MTUs while delivering continued profitable growth at scale," said  Anthony Tan, Group Chief Executive Officer and Co-Founder of Grab . "Looking ahead, we are seeing continued strength in the Southeast Asian economy and will con

  I have a quick glance at Wilmar 1H 2024 result. They managed to increase their profit by 5% for the latest reporting period. It was a stark contrast to the 22% drop in profit in 1Q 2024. The company has maintained its dividend at 6c per share. Dividend will be paid on the 29th of Aug. More details will available at the end of month portfolio update. God Bless. Please consider following us on telegram for the latest update on Lone Wolf investor by clicking on the link below. No form filling, no payment required, no collection of data, no data mining, no hard selling, no obligation.  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

  (Image credit: BrainyQuote) Market Summary 5-11 Aug 2024 *USA* + US 3 Fed policymakers signal rate cuts ahead from the economic data  + US is no longer an overheated economy with a job market that has cooled from it pandeminc-era: Powell tells Congress  + S&P 500 ended little changed for the week after clawing back from Monday's steep selloff  -US composite PMI output index at 54.3 in Jul vs 54.8 in Jun: S&P Global  + US services PMI came in at 51.4% in Jul, entering expansion terrority vs 48.8% in Jun: ISM  -JP Morgan rasied odds of US recession by end this year to 35% from 25% probability earlier  -US some largest banks will probably report weaker profits for Q2, facing pressure from lower interest payments, higher credit losses  + US small-business confidence increased to 6-mth high in Jun, Optimism Inex climbed 1 pt to 91.5, highest level since Dec 2023 + US retailers are fueling a summer rush of imports to guard against potential strike by port workers, ongoing shipp

(Image credit: Paramount Pictures; Brave Heart; Be Mel Gibson, not Meow Gibson) The market, as you know, is going through some heavy corrections. I have warned of the unwinding of Yen carry-trades having a profound impact on the market over the past year. I am not here to brag or rub it in at those who have lost money in the stock market. To me, there is no point crying over spilled milk. It is how investors react to the sell down that separates the men from the boys. I have no idea if this correction might turned out to be the start of a new bear market. I always believe opportunities only wait for people that are well-prepared. Those who had plenty of capital sitting on the sideline. Congratulations, the selldown may represent the most attractive entry point since 2020. When the market gets sold off, index stocks are the first to get hit but also the first to recover. I am focusing only on the bluest blue chip of STI. These are the following steps to prepare myself for any opportunit

I have decided to sell my small position in PT Astra In’l near my purchases price. This position was down 6% with translation and transaction fees included. Given the volatility of the market, I have decided to raise cash for other deployments. If the correction to the market turned out to be more serious than expected, in process throwing up bargains. I will be looking at buying some shares for long term investment. Lone Wolf holds no position in the company. God bless. Please consider following us on telegram for the latest update on Lone Wolf investor by clicking on the link below. No form filling, no payment required, no collection of data, no data mining, no hard selling, no obligation.  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 indepe

  Happy 59th National Day, Singapore! Market Summary 29 Jul-4 Aug 2024 *USA*  + Fed left its key lending rate unchanged, signalled could make its first cut as soon as Sept  -US federal govt public debt has snowballed to unprecedented US$35 trillion  -US new factory orders for manufactured goods fell by 3.3% MoM to US$564.2bn in Jun, vs market expectations of 2.9% contraction  -US manufacturing PMI registered 46.8 in Jul vs 48.5 in Jun, contraction for the 20th time in last 21st mths: ISM -US nonfarm payrolls up 114,000, well below forecast of 175,000, jobless rate rose to 4.3% in Jul, highest since Oct 2021  + US average rate on popular 30-year mortgage rate fell to 6.73%, lowest since Feb  + US average hourly earnings for all employees on private nonfarm payrolls up by 8 cents  + US job cuts at 25,885 in Jul, 47% decrease from Jun 48.786 cuts  -US weekly jobless claims increased 14,000 to 249,000 to 11-mth high  + US 10-year Treasury yield hit session low of 3.79%, lowest level since

  (Image credit: KK Ong; not only you can read about Lone Wolf Investor, now you can smell like one😁) Lone Wolf Fund(LWF) Portfolio as at end of July 2024 1.) Cash 2.) PT Astra International   3.) GRAB Holdings Limited 4.)  Wilmar International   *Stocks are not rank in accordance to capital invested .  *Just for sharing. Not an inducement to buy or sell . Commentary  Our STI broke through the 3400 resistance. The 3400 resistance has been a tripwire for our market since 2018. A stronger effort is needed if the market stands a fighting chance of reaching the 3900 all-time high. The REITs and interest-rate sensitive sector had a good month. Gains could be seen across the board, it goes a long way in recovering the lost ground over the past 3 years. The market was stronger till profit-taking took over the agenda of the market towards the end of the month. The Nasdaq is undergoing some heavy corrections given its fast ascension in the first 6 months of the year. There were clear rotations