From Robinson to Expeditors & UPS via K+N & DSV – the ladder is burning
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At times, it’s a very thin line between capital deployed wisely and a total waste of money. With DSV, that line has been crossed again.
The euphoria that preceded its Q2 23 numbers now vanished – you were warned in Premium’s ’Danger of sunburn!’ on 3 July – the stock story is anaemic.
Long gone are the days it released its annuals in early February, joyfully receiving the backing of investors on that day, with DSV surging from its lows.
It struggled to hit ...
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