to join the discussion
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.