Recent comments in /f/wallstreetbets

n1ck90z OP t1_je0ojgx wrote

Reply to comment by peter5300 in Who is taking the extra profit here? by n1ck90z

Shipping costs went higher during covid and so did consumer prices for chinese products as consequence. Now data shows shipping costs are down to precovid levels but consumer prices are not. This means that the difference in shipping price became profit for someone. The question was which companies are taking these profits because i would expect them to do well in the short/mid term

5

NRA-4-EVER t1_je0o6m4 wrote

Reply to comment by nova_demosthenes in 08 crash part 2? by Challenge4Ufloyd

Angry? You're the one throwing insults instead of facts. It's a technique used by people that have no real facts to buttress their insipid arguments. I mean calling poor people too stupid to understand their actions just to ignore their own personal greed and desire for instant gratification.

You're clearly frustrated with your life to try and insult strangers on the internet, what a sad world you must live in. Lolz

Feel free to reply with more personal attacks, I'll just let you go. 🤣

1

peter5300 t1_je0m6zq wrote

Reply to Who is taking the extra profit here? by n1ck90z

  1. shipping = seasonal
  2. container prices now have their ‘normal pattern’ again.
  3. 2020/2021/2022 due to COVID, harbour closings,…. It were exceptional circumstances and exceptional prices. Look at 2015 - 2020 and you will see the ‘normality’ again in 2023
  4. at these levels container companies are still making money, even in the low-price season (winter)
  5. I did not understand the question. Who makes the profit? There is no ‘extra’ profit. If you take longterm, you pay more then spot today, but less then spot in 5 months. You pay average.
  6. want to invest in container business? ZIM shipping holds around 30$ cash per share, and the share price is 22$. And they are profitable. And they pay strong dividends. A no-brainer!
8

nova_demosthenes t1_je0eqod wrote

Reply to comment by NRA-4-EVER in 08 crash part 2? by Challenge4Ufloyd

You can't be this regarded.

If I convinced someone to pull the pin on a grenade, hid the grenade in a box with 5 pinned grenades, then sold the box to someone after telling them "these are all safe," the person who pulled the pin is not the most culpable.

Of course bad loans were being written because the people writing them knew they wouldn't default under their ownership.

You are one dim witted, gullible person and you deserve to have your country's economic future robbed from you.

2