ZIM Integrated Shipping: A Steal At 0.45X Book Value
ZIM Integrated Shipping Services (NYSE: ZIM ) missed bottom and top line results for its second fiscal quarter in mid-August due to the shipping company seeing a decline in shipping rates. This deterioration in the pricingAnalyst’s Disclosure:I/we have a beneficial long position in the shares of ZIM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no bus ...