Zeder Inv (JSE: ZED) share price, discussion & sentiment

Took a small position in ZED at R1.11 after today's drop, reckon the agricultural exposure offers some diversification even if the near-term technicals look weak.

ZED at R1.15 is basically trading at book value with a decent dividend yield, but the agricultural exposure keeps it choppy. Are we getting value here or just catching a falling knife on the ag cycle?

ZED sitting at R1.15 with those agricultural and aquaculture holdings. Anyone running the numbers on whether the dividend yield justifies the holding, or is this more of a punt on Quantum Foods and Crest turning it around?

Took the dip on ZED at R1.10 since the dividend yield is pushing 8% and the pullback looks oversold relative to the agricultural holdings underneath.

Pulled the latest results, agri exposure looking solid ngl

interesting numbers on the last results, zed sitting on about 800m in assets but the nav per share keeps getting squeezed by write downs and that equity raise a few years back. fwiw the agricultural play in sa is rough right now with input costs killing margins, so unless management pulls off something with their farming ops or finds a solid exit, hard to see the upside at r1.14. could be wrong but the hold thesis here is basically betting on better commodity prices and hoping they don't dilute further.

ZED sitting at R1.14 and the ag exposure is actually decent if you believe the rand stays weak long term. Problem is the portfolio companies carry their own baggage, not always clear what's actually making money underneath. Could be a punt on management sorting out the assets but valuation wise you're betting on recovery not current earnings, eish.

Zed's got more grit than a Sharks pack, just saying

zed's been range bound for ages but the agri exposure is actually interesting when you look at the rand weakness angle. checked the latest sens and they're holding decent stakes in some solid operations, could work if food inflation keeps running. just not convinced management's squeezed all the value out yet.

ZED sitting at R1.16 but the agri exposure is real, not just a shell. NAV disconnect is the play here if you believe farming bounces back, but land prices and rand weakness keep dragging it. Boring hold for now unless we see a SENS pop on one of the portfolio companies.

zed sitting at r1.16 and the rand weakness should actually help agri plays like this long term, ngl. been holding through the volatility and the asset base is solid, just need better execution on the farming ops side.

zed bouncing around like a rugby ball but the farm assets underneath are real. rand weakness helps export plays, land values holding up better than most. at r1.16 you're getting portfolio stuff that actually produces food, not just speculation. catch the express train or wait for the next dip, either way beats sitting in cash.

Do you think the portfolio actually generates cash

ZED getting squeezed but farms aren't going anywhere ngl

ZED sitting at R1.16 is honestly where it gets interesting. Agricultural holdings aren't sexy but when you look at the rand weakness and food inflation, these assets become proper hedges. Nothing like Oceana or Astral which have their own operational headaches, but ZED's portfolio approach gives you diversified agri exposure without running farms yourself. Positioned perfectly for someone thinking five years out, not five weeks.

Look at what happened to Pioneer Foods and Afgri before they got proper scale, they were trading in the rand range for years. ZED's sitting on real agricultural assets and the land play alone is worth more than R1.16 when you look at what comparable agri holdings trade for. Everyone crying about no dividends yet misses the point, we're building the portfolio first. This is a five year hold minimum for anyone who actually understands where agricultural investment compounds.

Pulled the latest SENS filing, land valuations under pressure again

ZED sitting at R1.18 is pretty brutal for an agri play. NAV been getting smashed for ages and the portfolio companies aren't exactly knocking it out the park either. Reckon farmland exposure should be defensive but feels like Zeder's just a discount bin for struggling agricultural assets at this point.

Reading the latest SENS filings, land valuations taking a knock

zed getting smashed but agri plays always cycle. land holdings alone worth more than market cap if you strip out the debt. been here before, patience pays. R1.18 is a gift imo.