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[James48]

6. Very interesting.

That’s a shipping company that apparently hit all the right things in 2021 and 2022 when the shipping industry had difficulties. Zim apparently operates 152 ships, including 12 auto carriers, and a dozen or so LNG carrier ships, if I’m reading it right. They did very well into the pandemic, when shipping rates soared.

As I read the last conference call, it sounds like revenue is lower now, but the profitability margins are still really, really strong. And they are expanding (17% annual rate of revenue growth).

My gut tells me that’s a darn good company, and will continue to be stronger than most, with good dividend payouts moving forward. They won’t be necessarily the $6 kind if dividend- but it does look like they will be able to afford decent dividends for the foreseeable future.

I’d buy and hold for a while. In fact, I just might do that. Thanks for the look at Zim. It looks good to me.

Note: I’m not an advisor or anything, I’m just a guy who likes to study interesting stocks.