Grinship JSE is above the 1 Week VWAP.
However this stock has a low volume trade.
The latest SENS seems to taken as a positive signal due to the upcoming Capital Reduction.
As with all Investment's one must do their own research or get expert advice.
I hope this ticker is discussed on the Business TV news so more insight can be gleaned.
If you do Trade, always use...
I am trusting that this Shipping Company could recover some value
due to the China re-opening.
Will have to see the Earnings Report and Future Outlook.
Your thoughts and comments are welcome.
Regards Graham.
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...
Join 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...
If you want free cheese go ahead and buy GRIN. This pullback was needed to complete the wave 4 and the final wave up is upon us. Do not let this strong day deter you from buying.
Immediate 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...
NASDAQ: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
Bullish Flag
Pros:
Descending volume during formation
PPS above 50MA and 200MA
Golden cross in blue
RS above 0, and ascending
ATR Ascending
R/R ratio above 4
200MA ascending
Cons:
250RSI below 50
Low volume, Low liquidity
If confirmed:
PT = 7.26$
Grindrod 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...
Hello,
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,...
