Grindrod $GRIN - Acquisition Target at a very very cheap price. NASDAQ:GRIN
Taylor Maritime Investments (TMI) closed its offer to acquire all of the issued ordinary shares in Grindrod Shipping for HKEX:26 back in October 22. NASDAQ:GRIN has since sold off sharply following concerns of imminent de-listing by TMI.
However,
TMI does not meet the compulsory acquisition threshold of at least 90% for delisting of GRIN from the JSE.
I wouldn't be surprised if NASDAQ:GRIN is the target of future buyouts from larger dry bulk shipping companies which recognise it's strong fundamentals and growth prospects.
My DCF model of NASDAQ:GRIN supports my opinion that current stock price April 2023 is very very cheap.
An opportunity to make some serious gains for the patient investor.
GRIN trade ideas
GRIN. Holdings Ltd. for steady growth in global shippinJoin the smart investors who are banking on Grindrod Shipping Holdings Ltd for steady growth in the global shipping industry. With a diversified portfolio, strong financials, and experienced management team.
Diversified Shipping Services: Grindrod provides a diversified range of shipping services, including dry bulk shipping, liquid bulk shipping, and container shipping, which can potentially provide stability and reduce dependence on any single business segment.
Emerging Markets Exposure: has a significant presence in emerging markets, which can offer growth potential as these economies continue to develop and demand for shipping services increases.
Strong Financial Performance: has a history of strong financial performance, with steady revenue growth and profitability, which can indicate a well-run and efficiently managed company.
Growing Demand for Shipping Services: The global shipping industry is expected to grow as a result of increasing trade and economic activity, which can provide tailwinds for Grindrod's business.
Experienced Management Team: has an experienced management team with a strong track record of running the company and making strategic decisions, which can provide confidence to potential investors.
It's important to keep in mind that this is just one possible investment thesis and that past performance is not a guarantee of future results. It's crucial to conduct thorough research and consult with a financial advisor before making any investment decisions.
Grindrod divergent and dropping. GRINImmediate targets 15, 14 and then 13. Invalidation at 23.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
GRIN is winner in supply shortageNASDAQ:GRIN GRIN is a marine company that is taking an advantage in a supply shortage reality. The financials are showing a good path and seem to continue growing.
Buy at price higher 18,55$
Stop-loss 17,35$
Take-profit 35$
Investment period from 2 weeks to 3 months
3-5% of your portfolio NASDAQ:GRIN
Grindrod Shipping Holdings Ltd. long above 200maGrindrod Shipping Holdings Ltd. engages in the provision of maritime transportation services. It operates through the following segments: Drybulk Carriers and Tankers business. The Drybulk Carriers business segment transports a range of major and minor bulk and breakbulk commodities with its handysize and supramax vessels. The Tankers business segment owns and charter-in small and medium range tankers used in carrying liquid and petroleum products. The company was founded in 1910 and is headquartered in Singapore.
GRIN looking GRIMHello,
What is GRIN?
Grindrod Shipping Holdings Ltd., an international shipping company, owns, charters-in, and operates a fleet of dry bulk carriers and tankers worldwide. It operates a fleet of 25 owned dry bulk carriers and six -term chartered-in dry bulk carriers that transport a range of bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers. The company also operates a fleet of five owned tankers and two long-term chartered-in tankers, which carry petroleum products, petrol, diesel, jet fuel, and naptha, as well as heavy fuel oil; and low hazard chemical products comprising liquid bulk vegetable oils. Its customers include trading houses, mining companies, industrial manufacturing companies, and oil companies, as well as traders of grains, steel, and forestry products. Grindrod Shipping Holdings Ltd. was founded in 1910 and is based in Singapore.
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$GRIN Alert Set for Breakout in Grindrod Shipping Grindrod Shipping Holdings Ltd. engages in the provision of maritime transportation services. It operates through the Drybulk Carriers and Tankers business segments. The Drybulk Carriers business segment transports a range of major and minor bulk and breakbulk commodities with its handysize and supramax vessels. The Tankers business segment owns and charter-in small and medium range tankers used in carrying liquid and petroleum products. The company was founded in 1910 and is headquartered in Singapore.