It seems that GOTO's future is not looking too bright at the moment.
Despite being in a downtrend channel, there are no bullish signals indicating a potential price increase in the near future. Additionally, the FY2022 income statement shows that GOTO has not booked any profit and has actually incurred a loss of 2.6 billion dollars. This is not a good sign for investors, as it is generally not advisable to invest in a company that is losing money.
As a result, it is not surprising that GOTO's stock price could potentially hit below 50 IDR per share. While GOTO's business may be impactful to Indonesia, the harsh reality is that loss is still a loss, and investors are likely to shy away from putting their money into a company that is not generating any profits.
Despite being in a downtrend channel, there are no bullish signals indicating a potential price increase in the near future. Additionally, the FY2022 income statement shows that GOTO has not booked any profit and has actually incurred a loss of 2.6 billion dollars. This is not a good sign for investors, as it is generally not advisable to invest in a company that is losing money.
As a result, it is not surprising that GOTO's stock price could potentially hit below 50 IDR per share. While GOTO's business may be impactful to Indonesia, the harsh reality is that loss is still a loss, and investors are likely to shy away from putting their money into a company that is not generating any profits.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.