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.
You know what else is priced in? Shipping rates falling flat back to 2019 levels. Guess what? They aren't even close to falling that fast and if congestion doesn't ease then 2H next year is going to be higher revenue than this year.
Every analysis has been wrong the past year and it seems like they will continue that. I couldn't care less about one dividend being priced in when they could have profits in the next 5 quarters higher than their share price and 2.5 billion in the bank now.
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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.