Our opinion on the current state of GRINDROD(GND)Grindrod (GND) is an international freight and financial services company operating in twenty-eight countries. The significant change in the company's structure came in mid-June 2018, when it unbundled and separately listed its shipping division, Grinship (GSH), leading to a notable drop in its shar
1ZAR
1.06 BZAR
4.85 BZAR
396.24 M
About GRINDROD LTD
Sector
Industry
CEO
Xolani Mbambo
Website
Headquarters
Durban
Employees (FY)
4.16 K
Founded
1910
ISIN
ZAE000072328
FIGI
BBG000BWPTY8
Grindrod Ltd. engages in the provision of freight solutions. It operates through the following segments: Port and Terminals, Logistics, Bank, and Group. The company was founded by John Grindrod in 1910 and is headquartered in Durban, South Africa.
TARGET REACHED Grindrod hit at R12.60 - Next?The W Formation target reached at R12.60.
We then had a skew Cup and Handle, which the price has broken above its brim level today.
It's another High Probability position as the
Price>20
Price>200
Next target will be at R14.40.
WIll update you on anything if it changes.
Our opinion on the current state of GNDGrindrod (GND) is an international freight and financial services company operating in twenty-eight countries. In mid-June 2018, Grindrod unbundled and separately listed its loss-making shipping division, Grinship (GSH), which explains the significant drop in share price at that time. Post-unbundlin
$JSEGND - Grindrod: Ending Diagonal OutlookSee link below for previous analysis.
I am updating wave 5 to an ending diagonal aka rising wedge.
Price can still make new highs but MACD/price divergence is a clear sign that upward momentum is waning.
I am still bullish to neutral as I am forecasting two more waves to complete the ending diagon
$JSEGND - Grindrod Ltd: Great Run But I Count Five Waves UpGrindrod recently came out with a very good set of interim results reporting record export volumes at its Maputo port and growth in excess of 20% in revenue and headline earnings.
A purely fundamental reasoning would suggest one should buy the stock now.
A look at the Elliott Wave structure from th
Grindrod shot a star & hung a man 2 hours before Friday's close.On our analysis of JSE:GND on the 28th of August, we saw how price was in the last phase of a bullish penant on the Weekly Chart. price had left a gap around R10.00~R10.20 levels that has to be closed before confidence can be put into any further upward movement, although the presence of a rising tr
Our opinion on the current state of GNDGrindrod (GND) is an international freight and financial services company which operates in twenty-eight countries. In mid-June 2018, Grindrod unbundled and separately listed its loss-making shipping division (Grinship - GSH). This accounts for the "cliff" in the share price at that time. The compan
Grindrod above neckline of W Formation taking it higherW Formation formed on Grindrod since March 2023.
And the price has finally broken above the neckline.
This gives a decent signal that there is upside to come from the buyers.
Other indicators confirm too:
7>21
Price>200
RSI>50
Target 1 will be with a Risk to Reward of 1:2 at R12.60
ABOUT TH
This may be a chance to be part of Grindrod Ltd's moon trip.JSE:GND has had an unbelievable turnaround in its share price. In june 2014 the share price kissed its tripple top resistance goodbye and the price took a massive beatdown. Price found some support in the R9.56 ~ R10.60 zone, which it then broke and immediate started a falling wedge. The falling wed
See all ideas
Frequently Asked Questions
The current price of GND is 1288 ZAC — it has increased by 0.16% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on JSE exchange GRINDROD LTD stocks are traded under the ticker GND.
GRINDROD LTD is going to release the next earnings report on Aug 23, 2024. Keep track of upcoming events with our Earnings Calendar.
GND stock is 1.25% volatile and has beta coefficient of 0.52. Check out the list of the most volatile stocks — is GRINDROD LTD there?
Yes, you can track GRINDROD LTD financials in yearly and quarterly reports right on TradingView.
GND stock has risen by 0.08% compared to the previous week, the month change is a 5.83% rise, over the last year GRINDROD LTD has showed a 34.45% increase.
GND net income for the last quarter is 582.21 M ZAR, while the quarter before that showed 479.94 M ZAR of net income which accounts for 21.31% change. Track more GRINDROD LTD financial stats to get the full picture.
Today GRINDROD LTD has the market capitalization of 8.57 B, it has decreased by 1.48% over the last week.
GRINDROD LTD dividend yield was 6.32% in 2023, and payout ratio reached 48.91%. The year before the numbers were 3.94% and 43.71% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, GND shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade GRINDROD LTD stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 19, 2024, the company has 4.16 K employees. See our rating of the largest employees — is GRINDROD LTD on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So GRINDROD LTD technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating GRINDROD LTD stock shows the buy signal. See more of GRINDROD LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. GRINDROD LTD EBITDA is 923.03 M ZAR, and current EBITDA margin is 25.66%. See more stats in GRINDROD LTD financial statements.