GRIN - Grindrod Shipping Holdings Ltd.

NasdaqGS - NasdaqGS Delayed Price. Currency in USD
6.93
-0.07 (-1.07%)
At close: 3:37PM EST
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Trade prices are not sourced from all markets
Previous Close7.00
Open6.93
Bid6.91 x 3000
Ask7.48 x 1400
Day's Range6.89 - 7.00
52 Week Range4.67 - 7.97
Volume7,925
Avg. Volume14,590
Market Cap129.757M
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-1.37
Earnings DateAug 29, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est7.09
  • GlobeNewswire

    Grindrod Shipping Holdings Ltd. Announces New Financing Arrangement, Fleet Update and Share Repurchases

    Grindrod Shipping Holdings Ltd. (GRIN) (GSH) (“Grindrod Shipping” or the "Company" or “it” or “we”), a global provider of maritime transportation services in the drybulk and product tanker sectors, announced a number of transactions relating to a new financing arrangement, its fleet and share repurchases. The Company will bareboat charter the vessel back for a period of up to 12 years and has the right, but not the obligation, to acquire the vessel from the end of the second year of the charter, with the new owner having the right, but not the obligation, to sell the vessel to the Company at the end of the 12 year charter period. At closing, which is anticipated to take place in November 2019, the sale is expected to generate approximately $5.4 million of cash for the Company after settling the debt associated with the vessel.

  • How Many Grindrod Shipping Holdings Ltd. (NASDAQ:GRIN) Shares Do Institutions Own?
    Simply Wall St.

    How Many Grindrod Shipping Holdings Ltd. (NASDAQ:GRIN) Shares Do Institutions Own?

    If you want to know who really controls Grindrod Shipping Holdings Ltd. (NASDAQ:GRIN), then you'll have to look at the...

  • GlobeNewswire

    Grindrod Shipping Holdings Ltd. Announces Extension of IVS Bulk Joint Venture, Implementation of a Financing Arrangement and Fleet Update

    Grindrod Shipping Holdings Ltd. (GRIN) (GSH) (“Grindrod Shipping” or "Company" or “it” or “we”), a global provider of maritime transportation services in the drybulk and product tanker sectors, announced a number of transactions relating to the extension of its IVS Bulk joint venture, implementation of a financing arrangement and a fleet update. Grindrod Shipping has extended the termination date of its IVS Bulk joint venture from September 30, 2019 to November 30, 2019. On September 20, 2019, the Company closed the previously announced financing arrangement with a Japanese shipowner relating to the 2011-built handysize drybulk carrier, IVS Kinglet, for a cash amount of $12.5 million (before commissions but net of charter pre-payments).  The Company will bareboat charter the vessel back for a period of up to 12 years and has the right, but not the obligation, to acquire the vessel from the end of the second year of the charter, with the new owner having the right, but not the obligation, to sell the vessel to the Company at the end of the 12 year charter period.

  • GlobeNewswire

    Grindrod Shipping Holdings Ltd. First Half 2019 Financial Results

    SINGAPORE, Aug. 28, 2019 -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or “Company” or “we” or “us” or “our”), a global provider of maritime.

  • GlobeNewswire

    Grindrod Shipping Holdings Ltd. Announces Date for Its First Half 2019 Financial Results Release

    SINGAPORE, Aug. 22, 2019 -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or "Company"), a global provider of maritime transportation services.

  • We Think Grindrod Shipping Holdings (NASDAQ:GRIN) Has A Fair Chunk Of Debt
    Simply Wall St.

    We Think Grindrod Shipping Holdings (NASDAQ:GRIN) Has A Fair Chunk Of Debt

    Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

  • GlobeNewswire

    Leading Shipping Companies to Present at Capital Link’s 12th Annual Shipping & Marine Services Forum Tuesday, September 10, 2019 in London, UK

    NEW YORK, Aug. 19, 2019 -- Capital Link’s 12th Annual Shipping & Marine Services Forum will take place on Tuesday, September 10, 2019 at 116 Pall Mall in London. It is.

  • GlobeNewswire

    Grindrod Shipping Holdings Ltd. Announces the Delivery of IVS Okudogo and Signing of Previously Announced $31.4 Million Newbuild Loan Facilities

    Grindrod Shipping Holdings Ltd. (GRIN) (GSH) (“Grindrod Shipping” or "Company" or “it” or “we”), a global provider of maritime transportation services in the drybulk and product tanker sectors, announced that it took delivery of the IVS Okudogo today, the first of the two owned ultramax “eco” newbuildings that the Company agreed to acquire in May 2018. In conjunction with the delivery, the Company is also pleased to announce the completion of a drawdown of a portion of the previously announced $31.4 million indicative newbuild financing with IYO Bank for the vessel. The $15.7 million facility relating to the IVS Okudogo has a seven-year term, is repayable in quarterly installments with a balloon payment at the end of the repayment schedule, bears interest at a rate of LIBOR plus 200 basis points per annum and is secured by, amongst other security, the IVS Okudogo.  Following this drawdown, $15.7 million remains available for the purchase of the IVS Prestwick, which the Company expects to take delivery of in September 2019.

  • What Kind Of Shareholder Owns Most Grown Rogue International Inc. (CNSX:GRIN) Stock?
    Simply Wall St.

    What Kind Of Shareholder Owns Most Grown Rogue International Inc. (CNSX:GRIN) Stock?

    The big shareholder groups in Grown Rogue International Inc. (CNSX:GRIN) have power over the company. Generally...

  • GlobeNewswire

    Grindrod Shipping Holdings Ltd. Announces Further Extension of IVS Bulk JV, Fleet Updates and New Funding Opportunities

    Grindrod Shipping Holdings Ltd. (GRIN) (GSH) (“Grindrod Shipping” or "Company" or “it” or “we”), a global provider of maritime transportation services in the drybulk and product tanker sectors, announced a number of transactions for the purpose of modernizing its fleet and increasing its financial flexibility and liquidity. On June 3, 2019, the Company took delivery of the IVS Phoenix, a Japanese-built eco ultramax drybulk carrier newbuilding.  As previously disclosed, the vessel has been chartered-in from its owner for a minimum period of three years with options to extend for up to two additional years, at Grindrod Shipping’s election. On June 13, 2019, Grindrod Shipping and its joint venture partners agreed to the further extension of the termination date of the IVS Bulk joint venture from June 30, 2019 to September 30, 2019.  The Company remains in discussions with its joint venture partners regarding strategic alternatives for IVS Bulk.

  • Imagine Owning Grindrod Shipping Holdings (NASDAQ:GRIN) And Trying To Stomach The 72% Share Price Drop
    Simply Wall St.

    Imagine Owning Grindrod Shipping Holdings (NASDAQ:GRIN) And Trying To Stomach The 72% Share Price Drop

    The art and science of stock market investing requires a tolerance for losing money on some of the shares you buy. But...

  • GlobeNewswire

    Grindrod Shipping Holdings Ltd. Announces Indicative Newbuild Financing Terms and Sales of the IVS Kawana and Umgeni

    Grindrod Shipping Holdings Ltd. (GRIN) (GSH) (“Grindrod Shipping” or "Company" or “it” or “we”), a global provider of maritime transportation services in the drybulk and product tanker sectors, announced it has received approval from IYO Bank on the new term loan facility for an amount up to approximately US$31.4 million, the proceeds of which are expected to be used to finance a portion of the purchase price for our two owned Ultramax “eco” newbuild vessels, IVS Okudogo and IVS Prestwick, on their delivery in 3Q 2019. The term loan facility will be subject to customary conditions precedent.  We cannot assure you that we will successfully enter into a definitive agreement relating to this facility. The Company also announced that it has contracted to sell to unaffiliated third parties the 2005-built handysize drybulk carrier IVS Kawana for a gross price of US$7.8 million and the 2011-built small product tanker Umgeni for a gross price of US$8.875 million in two separate transactions.

  • GlobeNewswire

    Grindrod Shipping Holdings Ltd. Announces Availability of its Form 20-F for the Year Ended December 31, 2018

    SINGAPORE, April 17, 2019 -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or "Company" or “it” or “we”), a global provider of maritime.

  • GlobeNewswire

    Grindrod Shipping Holdings Ltd. 2018 Second Half and Full Year Financial Results

    SINGAPORE, Feb. 27, 2019 -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or "Company" or “we” or “us”), a global provider of maritime.

  • GlobeNewswire

    Grindrod Shipping Holdings Ltd. Announces Date for Its Second Half and Full Year 2018 Financial Results Release

    SINGAPORE, Feb. 25, 2019 -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or "Company"), a global provider of maritime transportation services.

  • Are Grindrod Shipping Holdings Ltd.’s (NASDAQ:GRIN) Interest Costs Too High?
    Simply Wall St.

    Are Grindrod Shipping Holdings Ltd.’s (NASDAQ:GRIN) Interest Costs Too High?

    While small-cap stocks, such as Grindrod Shipping Holdings Ltd. (NASDAQ:GRIN) with its market cap of US$116m, are popular for their explosive growth, investors should also be aware of their balance Read More...

  • Newsfile

    CSE New Listing - Grown Rogue International Commences Trading on the Canadian Securities Exchange - Video News Alert on Investmentpitch.com

    Vancouver, British Columbia--(Newsfile Corp. - November 29, 2018) - Grown Rogue International (CSE: GRIN) is one of the latest new listing on the Canadian Securities Exchange, following a reverse takeover with Novicius Corp. The company is a vertically-integrated, multi-state Cannabis brand specializing in "seed to experience" products through an experienced management team and state of the art manufacturing facilities.InvestmentPitch Media has produced a "video" which provides a brief overview of the company. If ...

  • Newsfile

    CFN Media Exclusive Executive Interview: Grown Rogue Goes Public

    Seattle, Washington--(Newsfile Corp. - November 28, 2018) - CFN Media Group ("CFN Media"), the leading agency and financial media network dedicated to the North American cannabis industry, announces publication of an exclusive executive interview with Grown Rogue International Inc. (CSE: GRIN) Chief Strategy Officer Jacques Habra to discuss the company's approach to the legal cannabis market. The company went public on November 26, 2018, following its reverse takeover of Novicius Corp. on November ...

  • Grown Rogue to Commence Trading on the Canadian Securities Exchange
    CNW Group

    Grown Rogue to Commence Trading on the Canadian Securities Exchange

    MEDFORD, OR , Nov. 26, 2018 /CNW/ - Grown Rogue International Inc. (CSE:GRIN) ("Grown Rogue" or the "Company"), a seed-to-experience cannabis brand is pleased to announce that the Company's common shares are scheduled to commence trading today on the Canadian Securities Exchange (the "CSE") under the ticker symbol "GRIN". The listing follows the successful completion of the previously announced ( November 16, 2018 ) reverse takeover of a Canadian public company (Novicius  Corp.) by Grown Rogue Unlimited, LLC.  In connection with this reverse takeover and the listing on the CSE, the Company raised approximately CAD $6.5 million through brokered and non-brokered private placements.  A Listing Statement with information about Grown Rogue and prepared in accordance with the policies of the CSE is available on SEDAR at www.sedar.com.