Grindrod (JSE: GND)
Last traded- Open
- R26.82
- Prev Close
- R26.92
- Day High
- R27.24
- Day Low
- R26.78
Key statistics
| Market cap | R18.1B |
|---|---|
| P/E | 15.1 |
| EPS | N/A |
| Div yield | 1.83% |
| 52W high | R30.30 |
| 52W low | R15.07 |
| Volume | 593K |
| Listed | N/A |
Price and fundamentals data is supplied by EODHD, with Yahoo Finance as a fallback source. Sentiment is computed by StockTalk SA from 19 live member stances recorded by registered members on this page.
Picked up some GND at R24.26 this morning, reckoning the shipping recovery tailwinds might justify a nibble even though the dividend yield is nothing to write home about.
GND at 26 cents is trading on a fairly depressed valuation if you look at the shipping cycle, but the dividend yield isn't particularly thick given the cyclicality risk. Capital allocation in logistics has been dodgy lately, so I'd need to see clearer earnings visibility before g
GND sitting at 26.78 with shipping cycles still weak, but the dividend yield is starting to look decent if they can maintain payouts through this trough. Balance sheet is solid enough to weather the cyclical downturn, so not panicking here.
GND down 0.53% today but the market's being too pessimistic on the shipping cycle recovery narrative. Decent dividend yield at current levels and container volumes are picking up, so this dip looks like a gift for patient holders.
GND at R26.80 is trading at reasonable value if you believe in the shipping cycle recovery and their logistics pivot, but the real test is whether they can sustain margins once rates normalize. The dividend yield is attractive on paper, yet execution risk remains high given cycli
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.