Expect another quarter of losses.
$ZIM Integrated Shipping(ZIM.US$ shipping rates have continued to drop in Q3, albeit at a slower rate then before.
the war may not affect them directly, but you can be sure there's gonna be spilloff that will hit the top line.
they've also shown no signs of being able to navigate this downward market to date.
if you only know how to generate profits in a bull market, then i will only come back in a bull market.
expect another quarter of loss and no dividends.
if i had to make a play, i'd buy some puts.
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Danielwang002 : Tbh if ZIM continue to dive this company may go bankrupcy or being acquisitioned...
ben123 : If the stock price falls, will it be bought? Just kidding