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ZIM Integrated Shipping Services Ltd ZIM

Zim Integrated Shipping Services Ltd is an Israel-based company. It operates as fleet and a network of shipping lines offering cargo transportation services on all major global trade routes, it also offers multi-modal, cargo handling, tariff management, schedule information, and other related services supported by the company's local offices and representatives around the world.


NYSE:ZIM - Post by User

Post by ChickenLittle13on Apr 24, 2022 6:59pm
438 Views
Post# 34627682

How is this not $200+ / share?

How is this not $200+ / share? 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? 

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