WOW WHAT DID I MISS
$ZIM Integrated Shipping Services Ltd.(ZIM)$
So if you have never heard of zim, well no surprise, I have holdings, granted small ones, but it has had some insane dividends in the past. At one point over 100% dividend yield.
So its a very very large shipping company thats been round a long long time, listed on the US stock exchange for a few years now, financials are, hmmm difficult to get to the bottom off, especially the IPO ones. Based in Israel, yes i know, but lets not go there please.
Anyway, to my point. It was like 0.1% of my portfolio a week ago, annual announcements came out this week 2% reductions In revenue for the foreseeable future was all i read then quite frankly I moved on. But to be fair i did spend alot of time getting to know this company. And @Barcode what do your tech analysis skills tell you about it.
I mean seriously it owes me nothing, but its just surprised me last week, well today actually. to be fair, im now reading my notes, the biggest point is... and my emotional perception "ceo gets a very small salary comparatively, makes his money by issuing dividends".
So I guess its not a stock that always surprises me, but im just surprised. its on my yeh nah radar, but i made some coin, now... im probably going to defcon 3 on this pup, cause something is up. I just see a potential opportunity. POTENTIAL! Not real. Let's explore together, do you know this stock, please comment, share, let's sort it together girls and boys.
Ill have more details and facts tomorrow, live long and prosper
Comments
But barcode even though I discount some investment techniques, it is too your credit melady i must say having suffered the swings and falling knives of outrageous fortune, i must take up arms against a stockmarket of troubles, an by opposing end them.
ZIM’s stock has been on an interesting trajectory. Over the past six weeks, the stock has experienced a significant rally, reflecting investor optimism fueled by rising global shipping rates and high dividend expectations. As of the latest close, ZIM’s stock was trading at $21.04, showing an 8.40% increase. This upward movement is indicative of bullish sentiment in the market.
Volume Analysis:
Recent trading volumes have been above average, indicating strong investor interest and confidence in ZIM. This volume surge often accompanies sustained price movements, suggesting that the current rally has strong backing.
Support and Resistance Levels:
1. Support: The immediate support level is around $19.50, where the stock found strong buying interest in recent pullbacks. This level is crucial for maintaining the current bullish trend.
2. Resistance: The next significant resistance level is around $23.00. If ZIM can break through this level with high volume, it could pave the way for a move towards higher targets, possibly testing the $25.00 mark in the short term.
1. Earnings Performance: Despite missing Q1 2024 EPS expectations, ZIM reported robust revenue growth, reflecting strong operational performance. Their adjusted EBITDA margin remains healthy, indicating efficient cost management and strong cash flow generation.
2. Dividend Yield: With an annual dividend yield of 87.33%, ZIM is highly attractive to income-focused investors. This high yield not only provides substantial income but also signals management’s confidence in the company’s cash flow sustainability.
Market Sentiment:
Analysts have mixed views on ZIM. Some highlight the risks associated with fluctuating freight rates and geopolitical tensions, while others emphasize the company’s strategic initiatives and high dividend yield as key strengths. The overall market sentiment is cautiously optimistic, with a consensus rating of “Hold” and an average price target of around $10.86.
1.移動平均線:20日和50日移動平均線是值得關注的關鍵指標。ZIM的20天移動平均線最近越過了50天移動平均線,形成了一個“黃金交叉”,這是一個看漲信號,表明繼續上升的勢頭。從歷史上看,這種模式先於價格大幅上漲,支持看漲趨勢。
2.相對強弱指數(RSI):ZIM的RSI徘徊在70左右,通常被認爲是超買閾值。這表明,雖然該股目前處於強勁的上升趨勢,但隨着投資者獲利了結,可能會出現短期回調。然而,強勁的基本面驅動因素可能會比平時更長時間地維持超買狀況。