Long road to recovery
As I said months ago, the pandemic era of soaring shipping rates is now over. ZIM’s biggest attraction was its ability to offer high dividends, but since the company likely won’t be seeing a profitable quarter in awhile, investors won’t be receiving dividends anytime soon.
You could argue that the current price is too cheap to sell, but I would argue that the opportunity costs for continuing to hold is too steep. $ZIM Integrated Shipping(ZIM.US$
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ben123 : Looking at it, it's still falling. I don't know where the bottom is. I feel like this US stock is bullish rather than bullish
燚龘 ben123 : 5 bucks
QianmengYu ben123 : If there is a loss in quarterly reports, p/b is 0.2 to 0.3. A small loss of about 0.4 to 0.5. The small profit can reach 0.8.
D Blaine : This was a classic‘story’ stock. It HAD an incredible dividend during extraordinary times thus a ‘story.’ The chances of a repeat are…?
102450082 : If you think about it, I don't remember it anymore