- During the last month, the Dry Bulk Index increased by 50%. Also, compared with April 2022, steelmakers in China have increased their production by 2.16%.
- The pandemic lockdowns and heavy rains in China will end eventually.
- GRIN will face strong demand for its Japanese-built eco fleet soon.
- Grindrod Shipping’s cash and capital structure represent the company’s ability to pay its shareholders’ dividends in the future and even pay back more debts.
- Grindrod Shipping stock is worth $35 per share.
For further details see:
It Is The Right Time To Buy Grindrod Shipping