my newest LTH?

Im not only a fan of dividends, but of semi predictable movement especially in companies I know a little about. Not just movement in price lol but any movement in shipping right now is a good thing!! I see Zim containers regularly, 20 came in last week 25 due this week. Let's see if they're all on time again. They have been very reliable and the containers themselves are 100%more reliable when it comes to storage and transport of our particular materials! Switched from Maersk to Zim for the food grade refrigerated containers. Not that we import food, nor do we need refrigeration......

Confused?

Haha I was too when I heard who was transporting the goods now. We (not me, family ties to general worker, not KP) import particular grade plywood for massive construction to go with the specialised formwork. Anything from new city estates with business towers and residential to theme park Wet n Wild in Sydney Australia, Hemus highway bridges in Bulgaria, Reach/Kennedy Centre for Performing arts in Washington DC, viaduct in North Macedonia,....even the Holy Trinity Church in Kiev Ukraine.....! German owned but very well rooted here Peri Australia does dabble in various projects all over, particularly Europe.

Hence dependence on good reliable shipping that gets our materials here or there intact and not degraded or compromised.

We lost many hundreds of thousands of dollars worth of materials, that not only took longer to transport but stuck at port longer meant the entire shipments were contaminated. Shipped in unsealed containers is usually ok when its all running smooth and a lot faster...

Unusable, and took 6mths clearance just to dump it..hate to know what nasties were in that mould etc! So we went to Zim. SEALED refrigerated food grade containers (don't need refrigeration... save $ there) mean our specialty ply is in perfect condition when it arrives. Nothing that would mean its not graded correctly or unusable/compromised on site.

So if WE are now dependant on Zim, who else is there needing to change their transport methods due to global circumstances? I'm invested in Oz mining also so am watching the shipping situation though it seeeeems to be easing for some. As I said our Zim containers are coming in hot, on time and by the dozen.... Cannot complain about that.

And cannot complain about price movement heading into upswing prior to Dec div dates approaching 😉😉👌👌