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Comment / Kuehne + Nagel – 'chokepoint M&A' delivered

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ID 505453 © Anthony Hall | Dreamstime.com
By

Luck always plays a part.

Indeed

’Wrong on Kuehne + Nagel – for the wrong reason’, I wrote at the beginning of the year.

Yet, as it turned out I was very right – for a number of reasons, some of which are totally outside my control – when on 23 September I argued ’dirt cheap’ Kuehne + Nagel (K+N) wasn’t cheap enough on the stock market.

Down -10% ever since, following previous weakness, only yesterday, 13 November hitting a new 52-week low nearing ...

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