Zeda (JSE: ZZD) share price, discussion & sentiment

ZZD up 4% today but the run looks overdone given the P/E is hovering near 18x with single-digit revenue growth, hardly justifying this pop. Reckon we pull back to R14.70 before any real legs emerge.

zeda's got decent rental fleet utilization even with load-shedding hitting tourism, and the balance sheet isn't bleeding cash like some consumer discretionary plays. at r14.70 the yield's starting to look interesting if they can keep capex sensible. long-term view hasn't changed, bunch of macro noise around em credit but car rental usually bounces back harder than people expect once rates finally stop.

interesting numbers out of zeda last quarter, fleet utilisation crept up to 78% and that's the kind of grind you want to see in a rental business where fixed costs are brutal. my reading of this: management isn't throwing money at growth, they're sweating the asset base harder. fwiw the rental space in sa is still fragmented enough that if they can keep margins there while volumes recover post loadshedding chaos, could be real value at r14.70.

went through the latest MD&A on zeda and the fleet utilisation numbers are actually decent given the load-shedding mess, margins under pressure but not collapsing like some were calling. comparing to europcar's struggles in emerging markets, zeda's got a tighter op model and less exposure to the really volatile segments. not saying this is a screamer but at R14.70 you're getting paid to wait for the rental market to normalise, leisure demand especially should tick up when the power situation stops being such a headache.

ZZD sitting at R14.70 is mental value if they can sort out the fleet utilization. Car rental always bounces hard when the economy picks up and we're nowhere near peak travel demand yet. Compare that to the big boys and this thing has room to run if management executes.

ZZD getting smashed on the rental weakness but the fleet assets are real, not like some of these ghost shells. If load-shedding stays bad tourism rental demand could get worse before it gets better though. Sitting at R14.68 but need to see if they can hold the fleet utilization numbers when next results drop.

Fleet utilisation numbers would help here. Car rental margins are thin and load-shedding is killing demand, so where's the cash coming from if revenue's under pressure. Not sure about the bullish lean without seeing the booking pipeline.

Look, people sleep on pre-revenue plays but Hertz and Avis were nothing once. ZZD's got actual fleet assets and SA's rental market is gonna boom once load-shedding chaos settles and tourism picks up again, ja. At R14.68 the downside is locked in, upside is where the real money sits.

zzd sitting at r14.68 and ppl sleeping on the rental upside when travel and corp bookings are coming back hard. fleet utilisation numbers have been climbing and tourism bounce is just getting started, ngl this could run like avis did in their recovery phase. best is yet to come!!

ZZD up 8.39% on interim results and the dividend announcement, sitting at R15.38 now. Compared to Nestlé SA which trades on a premium valuation, ZZD's yield is starting to look more attractive if they can sustain this payout while growing revenue in the back half. Let's see if th

Rental fleet guys always get hammered in downturns but zeda's balance sheet is cleaner than most. Tourism recovery should help leisure bookings, business travel still weak though. Long-term view hasn't changed, come back in 6 months.

ZZD CRIMINALLY UNDERVALUED AT R15.38!! RENTAL FLEETS PRINTING MONEY POST LOCKDOWN, TOURISM RECOVERY JUST STARTING AND THIS THING HASNT MOVED!! COMPARE TO EUROPCAR RECOVERY IN 2021, ABSOLUTE MOONSHOT INCOMING!!

ZZD getting hammered but rental sector still has legs once rate cycle turns. Tourism coming back, corporates need fleet options. At R15.38 the valuation looks reasonable for a recovery play, long-term view hasn't changed. Inflation very high so they'll struggle near term but I'll keep holding.

ZZD sitting at R15.38 but fleet utilization numbers have been weak, need to see actual revenue growth before getting excited. Car rental's tough with load shedding killing tourism but if they can lock in corporate contracts with the big logistics firms that'll change the narrative quick. Let's get a contract, once the deals start, then it will run, simple as that.

ZZD sitting at R15.38 is interesting given the rental sector recovery post-load shedding chaos. Fleet utilisation on leisure side should pick up as domestic tourism normalises, which Europcar and Hertz globally have proven works. Small cap but the balance sheet is clean enough to weather another downturn, positioned perfectly for the next cycle if management executes on expansion. The future excites me with this one.

Zeda needs that Springbok defensive line energy at R15.38

zzd sitting at r15.38 is basically a punt on whether rental fleets survive the next recession. balance sheet's thin and tourism numbers have been dodgy, but if they can actually scale without blowing cash they might catch the express train. big dogs like europcar got murdered though so this aint for sleeping investors.

Good Morning Everyone, ZZD closed R15.38 yesterday, market cap sitting around 800m, pretty thin for a rental fleet operator. Share count roughly 52m so liquidity is rough but the rental sector getting hammered by load-shedding means fleet utilization down. Long term thesis only works if they can cut costs or raise tariffs without losing contracts to the bigger players.

ZZD down less than 1% today, which is basically noise when you're thinking about where this consumer staples business will be in five years, especially with inflation pressures working their way through retail.

ZZD down 3.44% today but I'm thinking long game here. Consumer goods companies like this usually bounce back over time, and if I keep adding my R200 monthly it might look lekker in a few years when the dips even out.