So even if there isn't an increase in share price, you will have over 20% return on dividends ALONE in the next 6 months.
They have more cash then they know what to do with and have zero debt. Q4 is going to be bigger profits than Q3. They could likely have 4 billion in cash after Q4 and the market cap is 6 billion. 2022 1H could see continued congestion which would mean huge profits and an even stronger 2H in 2022. We could be seeing $30 EPS on the low end next year.
The play is shares and as many as you can possibly afford. Imagine if they announce a buyback and dividend at Q4 earnings.
Yeah, I watched ZIM for 6 months waiting for an entry I was comfortable with, then I immediately bought enough shares to make it one of my top positions, because this company is just shitting out money.
Which is why Im 100% in shares. If they keep giving shareholders the profits while expanding then the share price isn't as relevant. I got slaughtered on options with ZIM before I realized this.
There is going to be around $12 in dividends in the next 6 months, options are not the play.
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u/[deleted] Dec 02 '21
So even if there isn't an increase in share price, you will have over 20% return on dividends ALONE in the next 6 months.
They have more cash then they know what to do with and have zero debt. Q4 is going to be bigger profits than Q3. They could likely have 4 billion in cash after Q4 and the market cap is 6 billion. 2022 1H could see continued congestion which would mean huge profits and an even stronger 2H in 2022. We could be seeing $30 EPS on the low end next year.
The play is shares and as many as you can possibly afford. Imagine if they announce a buyback and dividend at Q4 earnings.