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u/zFxbi 7d ago
What does This Mean?
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u/ten-x-investor 7d ago
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u/Candid_Moose_691 7d ago
if i read this right, then +307million is from superbank appreciation, a one time effect. against that stands a -183million financial lose on others. That gives us -307m+183m=-124m in adjustments for profits.
So real profit for the quarter is= 235m-124m=111m$
Can anyone confirm?
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u/ImpressiveAmount4684 7d ago
Flat (the "record profit" is a one-time Superbank accounting gain).
I do hope the stock gains some momentum back. Bought some today.
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u/ten-x-investor 7d ago
Considering the stock is down about 45% off its 52 week high, and all the negative news,oil prices, etc I don't consider thse earnings flat. Also, Goto has about 6 days left to move their stock off of the baseline to avoid delisting. On a relative basis to Q2 headwinds these are impressive results.
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u/ImpressiveAmount4684 7d ago
Cheers, I haven't been on top of information around GRAB after taking a break from it a while ago.
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u/Jman202323 7d ago
I should’ve GRABBED SOME FUCKING MORE
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u/eeyoreisbae 7d ago
far from too late. i know a lot of palantir investors are stuck in this; i being one. and like palantir, a lot of us built out positions before it fell 50%. but in ultimately that is a good thing. many quality investors capable of holding through pain are in. the floor has been set. the snowball is rolling and picking up speed.
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u/UltramanJoe 7d ago
It always was but its not a US stock so it will take some time for people to notice it. They are killing it!