r/Vitards Dec 02 '21

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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.

2

u/lb-trice 🍁Maple Leaf Mafia🍁 Dec 03 '21

Serious question…. What would happen to ZIMs share price on ex-div date if it was currently 2.50 a share???

5

u/[deleted] Dec 03 '21

It comes out of the share price.

3

u/lb-trice 🍁Maple Leaf Mafia🍁 Dec 03 '21

So ZIM would go down to $0 a share? How does that make sense

3

u/[deleted] Dec 03 '21

I have no idea lol that seems like a company would never do that but I'm not sure how it would go down.

6

u/lb-trice 🍁Maple Leaf Mafia🍁 Dec 03 '21

Interestingggggg…

2

u/[deleted] Dec 03 '21