Research Notes: Grab And AerSale

We look at the "Uber of Southeast Asia", and the plunge in ASLE

Highlights:

• Grab Holdings, the “Uber of Southeast Asia” has been dead money for two years, even as peers rally.

• There’s an intriguing argument that the bull case for GRAB is hidden by losses in its financial services division.

• Whether that case needs to be bought now is up for debate; Grab clearly still has work to do in gaining investor confidence.

• AerSal…