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[Beachnutt]

This message was self-deleted by its author (Beachnutt) on Thu Mar 16, 2023, 06:40 PM. When the original post in a discussion thread is self-deleted, the entire discussion thread is automatically locked so new replies cannot be posted.

[James48]

1. What stock?

[Beachnutt]

2. Zim Integrated Shipping Services Ltd

ZIM, Please help me understand this.

[Beachnutt]

3. What's your take on it James ?

[James48]

6. Very interesting.

That’s a shipping company that apparently hit all the right things in 2021 and 2022 when the shipping industry had difficulties. Zim apparently operates 152 ships, including 12 auto carriers, and a dozen or so LNG carrier ships, if I’m reading it right. They did very well into the pandemic, when shipping rates soared.

As I read the last conference call, it sounds like revenue is lower now, but the profitability margins are still really, really strong. And they are expanding (17% annual rate of revenue growth).

My gut tells me that’s a darn good company, and will continue to be stronger than most, with good dividend payouts moving forward. They won’t be necessarily the $6 kind if dividend- but it does look like they will be able to afford decent dividends for the foreseeable future.

I’d buy and hold for a while. In fact, I just might do that. Thanks for the look at Zim. It looks good to me.

Note: I’m not an advisor or anything, I’m just a guy who likes to study interesting stocks.

[Beachnutt]

7. Thanks a bunch,

I came across this one yesterday evening and have been digging in on some research.
It's an unusual play below the radar I think.
Maybe small position for now while I learn more about it.
Thanks again..

[OAITW r.2.0]

4. If true, it won't be a $24.00 stock for long.....

This might help explain....

https://www.investing.com/analysis/zim-integrated-shipping-services-stock-high-yield-or-high-risk-200631641

[Beachnutt]

5. I agree,

and thanks for the great read on it.
Small position may be called for at this time imo.