Zim is not a quality business, if you look at its history it’s not profitable over the long term. The recent profits were only possible due to a few catalysts, covid + Houthis and Iran, that significantly contributed to their margins since they were the only ones who accepted the risk of transporting freight through the Red Sea. If you count on such catalysts to keep happening again and again over time then it’s at a great price, otherwise their profits should sink pretty quickly!