ZIM Integrated Shipping Services Ltd ZIM

How is this not $200+ / share?

[ChickenLittle13]

Sitting at $54/share. 2021 Net income equal to 73% of current market cap, 2022 expected net income to exceed current market cap, paid 35% yield in annual dividends, debt free, increasing fleet size, global shortage of vessels, demand exceeding supply for freight shipping. Shipping historically rates have always risen with a commodities boom, which we are currently in (the biggest ever I might add). Company promising to return 50% of net income to shareholders either through the generous divvy or share buy backs. 

What am I missing here?

[AL9999]

My humble opinion; daily volume quite high avg4 to 6 millions shares selling: lately mixtures of causes; rates hikes - inflation; of course from pre monster div date price of ~ 90$ people bought for 17$ div than sold right after, which dropped in low 80$; than might be institutional selling ???; than Contrarian Analysts predicting a premature turning point ?? What when ? Which can scare investors;

[AL9999]

Also in rgds., to your 200$ forecasted price, as good as forecast can be: I read some stating in the 120-130ish for 2024 & on, while lately for end 2022 some were readjusted to 75ish ???? Who is right, as per serious Data Market firms like the one used by Globe & Mail states a high range of 120ish ...  There are a lot of macroeconomics turmoils & noises in the market.....  it

[AL9999]

As said by Powell on Friday, the cause of inflation is due to supply chain issues. Seems like shipping to blast off once China reopens? Maybe a little longer to get ports running smoothly again ? Time to buy is during peak fear. Fundamentals are here and temporary disruptions with China Lockdown / COVID will just cause higher shipping rates. However all maritime Shippers type business also are

[Tarbaby]

Why is Stockhouse showing such a high dividend yield..higher than the stock price. They should correct that to avoid confusion..me thinks.

[laurencelefou]

Since August 24, 2021, ZIM has paid four dividends, $2.00 (August 2021), $2.50 (December 2021), $17.00 (March 2022) and $2.85 (May 2022) for a total of $24.35.  No guaranteed that ZIM will pay a similar dividend for the next twelve months, but ZIM stated policy is to distribute a dividend to shareholders 30% to 50% of its annual net income on an annual basis.   Trailing Twelve Months

[AL9999]

Also in rgds., to your 200$ forecasted price, as good as forecast can be: I read some stating in the 120-130ish for 2024 @ on, while lately for end 2022 some were readjusted to 75ish ???? Who is right, as per serious Data Market firms like the one used by Globe @ Mail states a high range of 120ish ... @There are a lot of macroeconomics turmoils @ noises in the market..... @it takes time for market

[AL9999]

ZIM - ZIM Integrated Shipping Services Ltd Forecast - CNNMoney.com

[ChickenLittle13]

In my mind most analysts have shown to be complete morons and/or are pushing a narrative.  look at the downfall of tech and the outperformance of energy. After all the money flows into oil, shipping will be next.  I think the shipping rates later this year will be higher than 2021. History rhymes.