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Beachnutt

(8,120 posts)
Thu Mar 16, 2023, 11:33 AM Mar 2023

This message was self-deleted by its author

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.

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This message was self-deleted by its author (Original Post) Beachnutt Mar 2023 OP
What stock? James48 Mar 2023 #1
Zim Integrated Shipping Services Ltd Beachnutt Mar 2023 #2
What's your take on it James ? Beachnutt Mar 2023 #3
Very interesting. James48 Mar 2023 #6
Thanks a bunch, Beachnutt Mar 2023 #7
If true, it won't be a $24.00 stock for long..... OAITW r.2.0 Mar 2023 #4
I agree, Beachnutt Mar 2023 #5
This message was self-deleted by its author James48 Mar 2023 #8

James48

(4,603 posts)
1. What stock?
Thu Mar 16, 2023, 11:37 AM
Mar 2023

Beachnutt

(8,120 posts)
2. Zim Integrated Shipping Services Ltd
Thu Mar 16, 2023, 11:40 AM
Mar 2023

ZIM, Please help me understand this.

Beachnutt

(8,120 posts)
3. What's your take on it James ?
Thu Mar 16, 2023, 11:45 AM
Mar 2023

James48

(4,603 posts)
6. Very interesting.
Thu Mar 16, 2023, 01:08 PM
Mar 2023

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

(8,120 posts)
7. Thanks a bunch,
Thu Mar 16, 2023, 01:24 PM
Mar 2023

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

(28,437 posts)
4. If true, it won't be a $24.00 stock for long.....
Thu Mar 16, 2023, 11:59 AM
Mar 2023

Beachnutt

(8,120 posts)
5. I agree,
Thu Mar 16, 2023, 12:06 PM
Mar 2023

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

Response to Beachnutt (Original post)

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