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Pastimes : The Philosophical Porch
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Mannie
To: Mannie who wrote (12193)12/23/2021 12:00:03 PM
From: Rarebird1 Recommendation  Read Replies (2) of 26251
 
With a 17%+ yield, I figured you'd be interested. However, last I looked, ZIM was trading at a PE a little above 1. That is to say, the Market has no confidence whatsoever that ZIM will maintain any semblance of growth moving forward. Not sure what the reason for this is, but stocks that are valued like ZIM are often value traps. Earnings tend to disappoint.

ZIM was a speculative trade for me, not an investment.
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