ZIM

remymartinsextra

Why are ZIM puts so expensive?

Majestic_Account123

Like ZIM @ $40

Pura-Vida-1

Have you looked at ZIM? Their dividend distribution after one year would make up for the value of the stock to go to zero, which isn't very likely.

DrBarry_McCockiner

sold the last of my CTAS calls today for a tidy profit. I'm mostly cash now and will prob stay for a bit. I do have a few puts on GME, ZIM and thanks to a recommendation last night, EXAS.

ch4m4njheenga

Old ZIM?

ajc3197

This particular dividend is way higher than last quarter, but it's for real. I have ZIM, SBLK, GSL and DSX. They are all great payers, but don't get overly invested in them. I have just under 15k between the four of them. That's all I'm willing to lose if things go bad.

d3nv3rite

Per the PR Newswire, On March 13, 2023 , ZIM announced a dividend payment of $6.40 per ordinary share (approximately $769 million ), to holders of the ordinary shares as of March 24, 2023 . Payment of the Dividend is expected to be made on April 3, 2023 (the "Payment Date"). Because the Dividend amount per share exceeds 25% of the Company's ordinary share price as of the declaration date ( March 13, 2023 ), per the instructions of the NYSE , the ex-dividend date with respect to the Dividend distribution was set for April 4, 2023 . Therefore, Shareholders who wish to receive the Dividend must hold on to their ZIM Shares until the ex-dividend date. In short, the cutoff to receive the dividend was March 24th although you have to hold the shares until April 4th.

peter5300

1) shipping = seasonal 2) container prices now have their ‘normal pattern’ again. 3) 2020/2021/2022 due to COVID, harbour closings,…. It were exceptional circumstances and exceptional prices. Look at 2015 - 2020 and you will see the ‘normality’ again in 2023 4) at these levels container companies are still making money, even in the low-price season (winter) 5) I did not understand the question. Who makes the profit? There is no ‘extra’ profit. If you take longterm, you pay more then spot today, but less then spot in 5 months. You pay average. 6) want to invest in container business? ZIM shipping holds around 30$ cash per share, and the share price is 22$. And they are profitable. And they pay strong dividends. A no-brainer!

craneman9867

I’m in the maritime industry and ZIM is one of our oldest customers. I like the company, but wouldn’t invest with shipping rates going back down. The money to be made was when they became public and ran up to the 50’s.

FlyHomeSpaceMan

50% of my small portfolio is invested in ZIM right now. I have 200 shares at a $23 cost basis, and I sold a $19 put expiring after the dividend for $280 (premium was so high because of the obvious drop in share price after ex-div date). ZIM is so cash heavy it seems impossible to lose money at these valuations. If so recall, they have something like $40 cash per share. If the stock price dips $6 after the dividend pays out, even though they have less cash, their cash to book will be even less than what it is now. It has to reach a point where there can’t be any more downward pressure. I’m waiting for a green day and I plan to sell an ITM call against 100 of my shares, on the hope that whoever writes the call doesn’t exercise it before expiration. The plan is to collect the dividend, and the fat premium, and also to hold onto my shares. I had bought my original shares at $18 but sold a $20 call before the first big run to $24. Still made money but had to buy my shares back at a higher cost basis. Not sure how the future of the company will go. I was actually hoping they would do a share but back instead of the dividend. That would be much better for their investors in the long term. But for now, as long as you play your options right, this can make for a fat fat paydayz

FlyHomeSpaceMan

They have more cash on hand than is their entire market cap. ZIM will never reach $5/share unless they offload all of that cash as a divy - and if they do, then it could go to $0 and you’ll still have made a profit.

DogshitHandGrenade

Okay Mr. AnalLingus. In the last 23 days I’ve made a killing and called TRKA quite well I got the ZIM call from Gupta and again did quite well. In at $21 out at $24. That’s 2 for 2. You should be glad you’re here for Round 3. Idk what you’re saying in regards to my Reddit account, something about aquifer?

AnalLingus217

Holy crap…you are a total scum bag. Literally the worst part of this sub. In the last 23 days you have pumped $TRKA, $ZIM and now $PXMD…all three well after they have already pumped. It’s also obvious that you have aquifer this Reddit account from another user. What you are doing is not only unethical, it is also illegal. Does it feel good betraying people?

Delfitus

ZIM, sold thursday though. Was down 55% but still green to a previous buy and sell

xBJack

4k into ZIM @ 63 Got some of it back in divs but yeah

Smegma_Surfer

Half my portfolio on ZIM at $50. 20k profit on X (US STEEL) calls overnight, lost it all on TX calls the following week. Apparently Mexican steel isn't as good.

WallstBetsFan

Heavy in big tech ​ ASO ZIM

Ohmaygahh

My co worker caught wind that I like to read Wallstbets, he just pushed ZIM, high dividend payer, know nothing about this one. Thoughts?

tigeroftrades

SPY Calls and Share // ZIM Shares // GME Calls and Shares // ADBE Calls and Shares // JPM Calls and Shares

GoogleOfficial

Highly cyclical stocks have counterintuitive PE cycles. NVDA fits this category. Also, see ZIM.

KaizenCo

Decided I want to reduce my portfolio allocation to individual stocks and reinvest the proceeds back into index funds. I got serious about investing at the end of 2021 (great timing I know) and while I still want to devote a small portion of my portfolio to stock picks, I admit I got carried away early on and ended up holding about 35 different companies at one point. I've trimmed that down to 28 now, but I'm still wasting too much time stressing over earnings calls and company-specific risks. Currently I have about 40% of my portfolio in individual stocks but I'd like to cut that down to 20-25% by the end of this year, though I'll hold certain positions longer if I can avoid realizing losses or paying unnecessary taxes. After the recent mini-rally in tech I am now at break even or slightly positive on a number of stocks including ABNB, AMD, CRM, MSFT, MU, SPOT, and TTD. Seems like a good time to decide which of these tickers I should reduce exposure to, sell completely, or hold for the long term. I'm also bagholding others including UPST (-68%) and ZIM (-53%) which I'm not sure if I should just cut loose or hold and hope for better days (these were by far my worst picks at the valuations they were at). I'm done with stock picking going forward unless I have really strong conviction in a company or I feel the risk/reward ratio is overwhelmingly in its favor and it has multibagger potential. Just wondering out loud trying to figure out my exit strategies at this point...tempted to just cut loose all the tickers I listed above at Monday open (together they make up about 10% of my overall portfolio). I'm not really trying to time the market, I just want more peace of mind by putting that money into index funds instead (though I'd likely DCA the proceeds over the next several months given the current market volatility). However, of the stocks I listed above, I'm most inclined to keep AMD, CRM, and TTD.... AMD because I respect Lisa Su and think they'll continue taking market share from Intel and compete with NVDA for the foreseeable future, CRM because I think with all those activist investors and Marc Benioff returning as CEO the company is hyper focused on increasing profitability, and TTD because despite their lofty valuation they have a massive TAM and are destroying earnings every quarter with significant tailwinds once we get past this bearish cycle. I'm welcome to any and all thoughts including roasting me for my previous stock picks 😂

KaizenCo

Sorry in advance for this long comment but just need to get my thoughts out there. Decided I want to reduce my portfolio allocation to individual stocks and reinvest the proceeds back into index funds. I got serious about investing at the end of 2021 (great timing I know) and while I still want to devote a small portion of my portfolio to stock picks, I admit I got carried away early on and ended up holding about 35 different companies at one point. I've trimmed that down to 28 now, but I'm still wasting too much time stressing over earnings calls and company-specific risks. Currently I have about 40% of my portfolio in individual stocks but I'd like to cut that down to 20-25% by the end of this year, though I'll hold certain positions longer if I can avoid realizing losses or paying unnecessary taxes. After the recent mini-rally in tech I am now at break even or slightly positive on a number of stocks including ABNB, AMD, CRM, MSFT, MU, SPOT, and TTD. Seems like a good time to decide which of these tickers I should reduce exposure to, sell completely, or hold for the long term. I'm also bagholding others including UPST (-68%) and ZIM (-53%) which I'm not sure if I should just cut loose or hold and hope for better days (these were by far my worst picks at the valuations they were at). I'm done with stock picking going forward unless I have really strong conviction in a company or I feel the risk/reward ratio is overwhelmingly in its favor and it has multibagger potential. Just wondering out loud trying to figure out my exit strategies at this point...tempted to just cut loose all the tickers I listed above at Monday open (together they make up about 10% of my overall portfolio). I'm not really trying to time the market, I just want more peace of mind by putting that money into index funds instead (though I'd likely DCA the proceeds over the next several months given the current market volatility). However, of the stocks I listed above, I'm most inclined to keep AMD, CRM, and TTD.... AMD because I respect Lisa Su and think they'll continue taking market share from Intel and compete with NVDA for the foreseeable future, CRM because I think with all those activist investors and Marc Benioff returning as CEO the company is hyper focused on increasing profitability, and TTD because despite their lofty valuation they have a massive TAM and are destroying earnings every quarter with significant tailwinds once we get past this bearish cycle. I'm welcome to any and all thoughts including roasting me for my previous stock picks 😂

ByteTraveler

I buy and hold ZIM

KaizenCo

Decided I want to reduce my portfolio allocation to individual stocks and reinvest the proceeds back into index funds. I got serious about investing at the end of 2021 and while I still want to devote a small portion of my portfolio to stock picks, I admit I got carried away and ended up holding about 35 different companies at one point. I've trimmed that down to 28 now, but I'm still wasting too much time stressing over earnings calls and company-specific risks. Currently I have about 40% of my portfolio in individual stocks but I'd like to cut that down to 20-25% by the end of this year, though I'll hold certain positions longer if I can avoid realizing losses or paying unnecessary taxes. After the recent mini-rally in tech I am now at break even or slightly positive on a number of stocks including ABNB, AMD, CRM, MSFT, MU, SPOT, and TTD. Seems like a good time to decide which of these tickers I should reduce exposure to, sell completely, or hold for the long term. I'm also bagholding others including UPST (-68%) and ZIM (-53%) which I'm not sure if I should just cut loose or hold and hope for better days (these were by far my worst picks at the valuations they were at). I'm done with stock picking going forward unless I have really strong conviction in a company or the risk/reward ratio is overwhelmingly in its favor giving it multibagger potential. Just wondering out loud trying to figure out my exit strategies at this point...tempted to just cut loose all the tickers I listed above at Monday open. I'm not really trying to time the market, I just want more peace of mind by putting that money into index funds instead (though I'd likely DCA the proceeds over the next several months given the current market volatility).

Logical_Ad4408

ZIM has a slightly bigger problem. It’s div yield sits at roughly 130%. This is unsustainable and these lush dividends will very likely be coming to an end soon. I imagine in addition to the likelihood of a drop post distribution shorts know this, and many dividend investors will abandon ship (pun totally intended) once the divis dry up. No positions in this play, just an outside opinion. I personally don’t like holding a short position through record date/ex div because I don’t want to be on the hook for paying it, but it may not matter to some 🤷‍♂️.

MyNi_NotYourNi

As I noted in the other post earlier, ZIM jumped already from $19 to $24ish when the divvy was announced. To me, that seemed like a fair bit of covering, as longs already knew about the payout. Also, note that on the other side of this payment, the price will drop by $6.40, and then some. For a short, paying $6.40 in divvy and then making $8 on a price drop is not a bad proposition. Finally, ZIM has massive exposure to spot rates, and price was $17 when rates were higher. It's probably going back there, and lower. If price goes from $25 to $15 over a month, this is a bit of a no brainer of a short play, don't you think?

Bear_Bull1738

If ZIM gets to like $5 a share I’ll probably go ahead and pick up a few thousand shares. Had it a while back sold on a spike around 70 something I forget it was last year.

zachspornaccount

Hmmmmmmm good question. I think I actually own some ZIM in a Roth and have had shares for like a year or more. I never receive a 1099 from that account since it's an IRA... So I just looked and yes, every time I receive a dividend, there's also a line item that says "foreign tax withheld". So in September I received 475 and the same day, tax withheld -118. I'm guessing though there's no other taxes as once the money is in an American account it's under the regular ROTH business of no taxes.

CaptainMSF

Yes, that is correct. I was curious specifically regarding ZIM dividend, as the company is based in another country and the dividend may be taxed differently.

MyNi_NotYourNi

ZIM tracks spot container shipping rates, and takes breaks from that around dividend time, especially when they are the out-sized year one ones. You can check last March for a similar pattern. After dividends are paid, ZIM will likely fall back to the $17 level. Maybe even a bit lower, to account for the drop in lower shipping rates. Note also that you had the spike from $19 to $24 immediately after the $6.4 dividend. Longs knew of the large dividend already; so it is possible you had decent short covering there. And since, when price went up to $24. At the end of the day, 16% SI (19M/120M) isn't much. Personally don't see it worth banking on.

d3nv3rite

Many ocean shippers including ZIM, Diana Shipping (DSX), Star Bulk Carriers (SBLK), Genco Shipping (GNK) and also related industries like Global Ship Leasing (GSL) have been punished due to projections that a recession will cause a decrease in shipment volume. Ocean shipments are bid on an auction model, so excess capacity would cause shipping rates to drop until shippers reduce their fleet to match demand. In reality though, most shippers anticipated this and have exceeded estimates during the most recent earnings cycle. These companies pay out the majority of their earnings through dividends, which may cause their potential to be ignored by average stock traders when the stock price remains flat. In ZIM's case, their dividend is currently more than 25% of the share price (though it changes each quarter unlike US firms that tend to keep a consistent dividend payout).

AtentionToAtention

you people legit make me laugh really hard. I only hold FSM RVP WFG LND and ZIM

Inside_Western_2499

You are angry because you are in BBBY. I completely understand. I was supposed to buy 50k worth of BBBY shares because my dad wanted me to. I told him that it was not worth the risk. I am lucky to not have bought in at the $1.03 mark. This sub is filled with high risk/high reward, but it is not necessary right now. The “short squeeze” sub is not for SI, it is for people who want to gamble on a stock for big gains. I have played stocks like PACW and ZIM this week that have allowed massive gains with little risk. This post also is funny, so I think it is justified.

Syab_of_Caltrops

I researched this recently as I wanted to make an options play on this monstrosity of a dividend payout. What I found was highly irregular, and if you want this dive you should read the following. Record date for the (upcoming) Q4 2022 dividend is March 24, mining you must own the stock on this date to qualify. Ex-dividend date is April 4, maining you must have held whatever shares were recorded on March 24 until this date. Pay date is April 3, which is when Zim will begin paying out the $6.4 per share to recorded shareholders. Aditionally, the Zim shill in the r/ZIM reddit said it is unlikely that Zim will be removing the $6.4 from the stock price due to a "special rule when a company issues a div more than 25% of its pice at declaration. Now, this makes no fucking sense to my but I was unable to find any info to the contrary. Please enlighten me if you KNOW this payout will work otherwise. Just because most other divs have an Ex date before payout and actually reduce their stock price to reflect capitol loss does not mean that this highly unorthodox payout will work the same way. Also, if this is true, Zim prices will be up biggly after the payout. Tldr: easiest way to get Zim div and not fuck up - buy on March 23 and hold until April 4.

d3nv3rite

ZIM is different than a standard dividend because they are paying out more than 25% of the share price. Shares must be purchased before the ex-div date of April 4, 2023 to qualify for the dividend. Shareholders of record as of March 24, 2023 will receive the payment on April 3, 2023. Rather than a single ex-div date, you must hold the shares from March 24 to until you receive payment of the dividend. The stock exchange is requiring this to lessen the risk of it dropping the share price by 25% overnight. Many people will screw this up.

NoEngineer4773

Right so ZIM has ex dividend in 16 days meaning if I purchase before then I get the dividen for this quarter?

VisualMod

>There is always risk involved in investing, no matter how "safe" an investment may seem. In this case, you could lose money if the price of ZIM falls before the dividend payout date. Additionally, there are other factors that could affect the value of your investment, such as changes in interest rates or political instability in Zimbabwe (where ZIM is based).

tehs1mps0ns

"Since the foregoing declared dividend amount per share constitutes more than 25% of the Company's ordinary share price on the declaration date (March 13, 2023), **per the instructions of the NYSE**, the ex-dividend date with respect to this dividend distribution will be April 4, 2023. **Shareholders who wish to receive the dividend must hold their ZIM shares until the ex-dividend date**."

Waddayanow

I say the same, for the last 3 weeks freight rates plummeted 10% every week. They will pay out the $6 dividend for Q4 that saw those rates \~$3000 on average. The rate now is HALF of that. The rates are now back to what they were before 2020. Their revenue will crater and the markets are forward looking. What I am having trouble with is what is the correct valuation for the the next 3 years. The ZIM bubble, like any Covid bubble has burst.

Smegma_Surfer

Buy, they're not going under, there's likes a ball sack worth.of.banks making deposits which for some reasons it means moon soon. GAP fill to 120 by eoy. Something something fib.retrwction and Rsi oversold. I'm loading another 2 shares premarket tomorrow, and I never make bad choices. Ask my ZIM shares at an average of $50.

hi-imBen

you stayed in ZIM from before didn't you? how much are you down?

Ok-Geologist5545

ZIM babbbbbbbbbay

DJDozen

HUBC Burned by TBLT earnings, still holding ZIM, but HUBC is the current best play

shadowadmin

ZIM puts still look tempting in next 24. Fed just had to come and instill doubt.

robtimist

Well I was gonna buy more ZIM like a half-degen but I guess you motherfuckers got me wanting some GME calls 3/24.

The_BitCon

ZIM is running because of the 6 dollar quarterly dividend coming out.... smart money is taking advantage and it will probably run up more until pay date, it may not fall till after pay date as the dividend hunters grab n' go for the next play.

Reasoned-Listener

ZIM

VisualMod

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SnS2500

No, you are _not_ getting 70%. You are getting negative 30%. Stock dividends are not like bank interest. They are getting your own money back. If you buy $1000 of ZIM; you now have $1000 of value with ZIM. Dividend this time say is 6%... they give you $60, and now you have $940 worth of value in ZIM. _And_ you have to pay taxes on that $60, at 20%, you lose $12 by buying ZIM for the dividend, not counting whether it goes up or down while you hold it. This explains dividends better: https://www.youtube.com/watch?v=f5j9v9dfinQ A stock dividend is like you have $100 in a drawer and put $1 in your pocket. It was already your money. There is no free money.

JackCrainium

Long ZIM with April 21 $17.50 and $20.00 calls. $6.40 dividend subject to 25% Israeli withholding paid April 3rd - ex dividend April 4th - yes, that is correct...... Trying to buy back my short April 21 $25.00 calls......

-Dreamville-

I didn’t even notice my bb ZIM was green too, ok ok

__WallstreetRetard__

$ZIM is trading at .5x cash Yes you heard that right Twice as much cash as the stock price

thunderchicken_

$ZIM ftw!

sberanek1959

ZIM will be paying a $6.40 dividend for stock holders of March 24th. This will cost the shorts $118.91 million. I believe we could see a short squeeze here. What do you think? https://preview.redd.it/uy7grexvyxna1.png?width=441&format=png&auto=webp&v=enabled&s=b24fd9e8c3e097ea68259f0862bb3a64d092817b

robtimist

Are ZIM divvy yields always this high? I’m seeing 147%

GerryBlevins

I also place my bets on a good quarter based on if I spent money with them. Out of the list I look forward to ZIM, Turtle Beach and Adobe.

SnS2500

If you buy $100 of ZIM they will give you back $25 of your own money as taxable income. Dividends are not free money. They are your own money. Buy ZIM only if you think the stock will go up and at some point your total return from it will be positive.

DJDozen

ZIM + TBLT + MYO ZIM for the safe play TBLT because they have a good history of beating to the upside on earnings (reporting tomorrow) and they’ve been beaten down recently. MYO for the slightly riskier (but bigger potential upside) play. Recent dilution is priced in, good earnings and upward 30 day trajectory

KurtNasty1

Sure and market participants can run up or down share prices, anything can happen, question is what's likely, and given the financials on ZIM it seems at least fairly priced on a forward basis even with reductions in cash and retained earnings from dividends. Are you of the mind that dividends are bad and should be avoided?

-Dreamville-

Look at my bb ZIM go

DJDozen

ZIM + MYO + a little HKD (Chinese lottery ticket)

DJDozen

Just re-opened a position in ZIM at the end of the day yesterday after being in and out several times over the last year. They’re a money making company, unlike 99% of the tickers mentioned here, love the dividend too

Inside_Western_2499

I never bought is BBBY. Held a bit too long on some squeeze plays, but not this one. I’m already in PACW and adding more funds to capitalize on the $6.40 dividend with ZIM.

Inside_Western_2499

Agree. I wouldn’t mind getting in this POS for a nice 20-25% gain, but I just see too much risk right now for any reason to do that. I’d rather stick with a play like ZIM and guarantee myself a 30% dividend in 3 weeks. If the price goes down afterwards below $6.40 from what I bought it at, then I can hold it, if not sell and make my money baby.

allthijmen

Dividend: ZIM's Board declared a cash dividend of \~$769 million, or $6.40 per share, payable on Apr. 3, 2023, to holders of ZIM ordinary shares as of Mar. 24, 2023. The ex-dividend date for this dividend distribution will be Apr. 4, 2023.

DJDozen

GTLB for the bounce? Holding MYO + HKD + ZIM

HK_Collector

Damn! What do you have them in? I was looking at META and ZIM. But I decided to stay out of it. I’m expecting inflation data to be higher than expected and initially the day to be mostly red but we will see

__WallstreetRetard__

ZIM going from up 25% to only up 7% after smashing earnings and paying out 1/4th of stock price in dividend is classic ZIM

FancisJU

Wow! ZIM is up 23%

-Dreamville-

Been telling y’all to get ZIM for last 2 months , who listened?

ByteTraveler

ZIM let’s go

animositisomina35

Just need ZIM to pump a bit more to unload these bags.

VisualMod

I'm not sure what you're trying to say with this post. Are you suggesting that people invest in ZIM? If so, I think you may be onto something - the stock is up over 17% today and seems to be continuing to rise.

redstarr321

ZIM up 15%

Shot_Lynx_4023

Was already long ZIM. Bags not so heavy. Down less than 30%. Dividend gonna help me get a lower cost basis. Earnings came out. They're still making money and crushing EPS

Fit_Cream2027

ZIM calls

oldcaveboi

ZIM dividend of $6.40.Share price $22

Syab_of_Caltrops

No one played ZIM earnings? Too bad

Overlord335786

All this chaos and RH telling me the ZIM earnings call is starting 

dinglebarrybonds

ZIM shipping is up 15 percent premature ejaculate market

-Dreamville-

I told you guys to buy ZIM at 17 , $6 divi coming

divurchic

SPXS, SRS, SQQQ and SDOW throw in ZIM for dividends.

rp2012-blackthisout

Puts on FedEx, ZIM, and Blue Apron. Don't know on rest.

Complex-Tension8760

ZIM has a lot of dividend investors waiting to see what carnage will become of our divs...that said the PUTS are profitable so far.