In today’s briefing:
- Grab Holdings: Initiation Of Coverage – What Is Their Core Business Strategy? – Major Drivers
- Small Cap Index Industrial Stocks led by Samudera in YTD
- Smartkarma Insights: Lendlease Global Comm REIT – Growing through Sustainable Global Lens
Grab Holdings: Initiation Of Coverage – What Is Their Core Business Strategy? – Major Drivers
- This is our first report on transportation and fintech platform provider, Grab Holdings Inc.
- The company had a pivotal year in 2023, delivering on key goals and achieving profitability in adjusted EBITDA since the third quarter and earning a positive net profit in the fourth quarter.
- The company experienced a series of enhancements, including a successful rebuild of their mobility business which had been vastly impacted by the pandemic.
Small Cap Index Industrial Stocks led by Samudera in YTD
- The FTSE ST Small Cap Index comprises multiple companies that represent the Industrials Sector, with the segment of stocks operating across APAC and averaging an 11% ROE.
- Samudera Shipping has led the segment of stocks with a 14% gain in the 2024 YTD, while also being the strongest performer of the segment over the past 5 years.
- The FTSE ST Small Cap Index currently includes seven companies that represent the Industrials Sector, with average daily trading turnover for each of the stocks ranging from S$60,000 a day, to S$3.0 million a day.
Smartkarma Insights: Lendlease Global Comm REIT – Growing through Sustainable Global Lens
Smartkarma Insights: Lendlease Global Comm REIT – Growing through Sustainable Global Lens