Hello,
My friend told me about Zim Integrated Shipping Services ($ZIM). It seems it is shipping service, located in Israel. They have strong earnings. Profit margin is high. P/E is only 1. And surprisingly, they pay 62% annual dividend yield. I have never seen an IPO company with such dividends yield like that.
Am I missing something in this company? Is it really a good company to invest it or is it value trap?
