to join the discussion
Honestly GND's been getting smashed but the shipping side of things is still moving cargo when others aren't, that's worth something. At R26.89 it's cheap compared to where it was but you gotta be real about the rand headwinds killing margins on the international ops. If they can sort out the debt situation and the logistics network actually picks up post load-shedding chaos then there's a case here, but it's not a quick fix lol.
Grindrod's been stuck in the mud for a while now, shipping volumes still soft and that container market aint coming back anytime soon. R26.89 is fine on paper but you're basically betting on a logistics turnaround that feels more distant than it did six months ago, ngl.
been holding gnd for a bit and the shipping cycle is pretty brutal right now, container rates are in the floor compared to 2021-2022 when they were printing money. looking at the h1 results the freight forwarding side is carrying more weight but margins compressed. think the real question is whether they can hold r26.89 or if we're heading lower before the cycle turns, most logistics plays globally are getting punched in the face this year.
GND taking a small knock today but the shipping cycle is turning and container rates are firming. At these levels the dividend yield is starting to look decent, though you need to believe in the cycle recovery to justify holding through the volatility.
GND down under a percent today, which is just noise really given the shipping cycles we're tracking. The dividend yield is still attractive at these levels if they maintain payouts through the downturn.
GND down half a percent today but the chart's holding above key support. Shipping cycles are lumpy but the dividend yield at these levels starts looking interesting if they can maintain cash generation.
GND shedding 1.43% today, but the logistics and shipping play still carries interesting value when you look at the cyclical nature of industrial stocks. At these levels, I'm waiting to see if the dividend yield justifies the volatility, because that's what separates opportunity f
GND down 0.84% today but shipping stocks like this are tied to global trade activity. At R2367 I'm wondering if there's value here for long-term holders who believe cargo volumes will pick up.
Took the dip on GND to add marginally to my position at R2354, though I'm conscious that industrials are cycling and the logistics play here hinges heavily on container volumes which remain under pressure.
Grindrod's logistics footprint through the agricultural supply chain makes it a beneficiary of the structural food security demand we're seeing across sub-Saharan Africa. The current pullback to R2236 doesn't worry me much given their exposure to grain corridors and ports. Revenu
GND slipping 0.71% today feels like noise given the structural tailwinds in ports and logistics as SA's energy transition ramps up - renewable equipment and components still need to move through our supply chains, so the thesis holds despite the minor pullback.
GND's modest pullback to R2230 feels like noise rather than a signal, especially when you consider the shipping cycles tend to reward patience over panic, though I'd want to see the next earnings before getting too comfortable.
GND taking a knock today at R2195, down 2.23%, but I'm curious whether the market's overreacting to near-term headwinds or if there's genuine concern about dividend sustainability given the shipping cycle volatility. Anyone running the numbers on payout ratio trends and what the
GND sitting at R2245 today, up 1.22%, but I'm curious why shipping stocks don't get more love on here? We see the logistics happening every day at the bank when big companies move money around for cargo deals.
Grabbed some GND at R2200 yesterday after spotting support holding at the 200-day MA, and today's 0.59% push confirms the setup is working, so holding through to the next resistance around R2350.
GND up 0.92% today but still down 60% over 5 years - is the shipping cycle finally turning or are we just seeing dead cat bounces?
GND crawling up 0.68% to R2073 - logistics stocks moving on some positive cargo volumes maybe, but needs to break above R2100 to convince me there's real momentum here.
Grabbed more GND at 1999 this morning, logistics play is finally getting some respect after that 1.11% pop today.